More often than not, when chasing quick profits, we cannot see that the way to big success is somewhere nearby. When following the crowd, we fall into the same traps and make the same mistakes most people do, thereby falling prey to wishful thinking. At the same time the contrarian minority of smart traders and investors are capable of repeating their success time and time again.
Indeed, history shows that such people as Buffett, Soros, Trump and Elder prefer a longer but sure way to their goals. The same holds true for Forex trading. According to statistics, only 5 to 10 percent of traders do succeed in the long run while others struggle and/or lose their funds eventually. The minority’s secret is simple, they are contrarians, they do not follow the crowd. On the contrary, some representatives of the crowd sometimes try to follow them by they are too late 99% of the time. At the same time, others trust their funds with various PAMM services, trading robots, which isn’t bad in essence. Still, most of those guys tend to put the blame on someone else if they fail and lose money. With that said, investors should be responsible for their financial misfortunes and fortunes. they shouldn’t risk the money they cannot afford to lose. And of course they should think twice before trusting money with shady individuals. It is always better to work with the proven leaders in the industry like RVD Markets, some of the leading Forex companies in the international arena.
The company offers a lot of beneficial products and services for retail traders and investors if various scales. On top of that, RVD Markets can boast multiple prestigious awards like the Best Forex Broker for Automated Trading according to IAFT Awards as well as the Best STP Broker according to Masterforex-V EXPO, some of the most unbiased ratings of Forex brokers out there.
On top of that, the Forex company gives promising traders a decent opportunity to kickstart their carers by winning decent cash prizes within the scope of a new trading contest, which is called RVD Championship. This is a
RVD Championship: $100 00 Prize Pool
The rules of the contest:
https://championship.rvdmarkets.com/rules
The contest RVD Championship is organized by the RVD Markets Limited Company and is intended to popularize contests on real Trading accounts of the Company. All participants equally have opportunity to show their talent, erudition and abilities of trading on the Forex market.
Basic Terms: RVD Championship
The name of the contest - RVD Championship , hereinafter named Contest;
The contest is organized by RVD Markets Limited, hereinafter named as the Company;
The Contest duration is 3 months from the date of beginning;
To register and take part in it can any Client of the Company during all period of carrying out contest;
In the Contest can participate only participants over the age of majority;
In contest can take part RVD ECN accounts opened during the contest with Deposit not less than 100 USD or its equivalent;
Each participant can register one and more Trading accounts on the page of carrying out contest;
Each participant agrees to provide real data during the registration. Providing fake data may result in disqualification from the Contest;
In case if will be found Trading accounts with the same IP, but belonging to different Backoffices, all accounts of such Backoffices will be disqualified;
Any kind of arbitrage trading or any other abuse with pricing and/or quotes will be subject to disqualification from the Contest;
In case of opening big volume opposite orders with the same currency pairs in different trading accounts at approximately the same time, as well as the usage of failures in the quote flow for getting guaranteed profit, or any other kinds of cheating will be regarded as fraud;
All trading techniques or EAs are allowed with the exception of those that use the techniques of fraud;
The company reserves the right in case of detection any fraud, from the participant while making trading operations, to make his disqualification;
All the current contest stats are available at RVD Markets contest website;
Trading statistics of the registered at contest Trading accounts becomes available for public review;
The statistics is displayed for all time of existence Trading account;
The history of trading operations on the Trading account is displayed only from the moment of registration at contest and till time of the last update of statistics;
Open positions and pending orders in public statistics do not appear;
Updating of contest rating and statistics of Trading accounts occurs daily at 17:00 of server time MetaTrader 4;
To the end date of the contest all open positions must be closed;
The participant who showed the maximum absolute profit becomes the winner;
Winners agree to publication of their names in the Company news;
The prize-winning amount deposited into Trading account of the participant can be used in trading, or withdrawn.
For more details, please visit https://championship.rvdmarkets.com/