Open trading account 
Imagine that you are one of the worlds best long-distance runner, and you are late at the World Champinonship, all other runner almost at the one stadion mark. What do you do?
Run as hell, sprint that you catch up them?
Or you start running long-distance style, do your best and never mind if you have chance to win or you will be the last?
What I learned from last months contest and my trading results at other broker company, is if you try to catch hard goals, like making wealth on FX with small starter amount, or try to win a contest, and overtake the other participant in one or in a few day, you will definitely lose. You would take much higher risks, and more, if you lose some money, you would go all-in, like a gambling addict.
And that is, our instincts that make those behaviour, even if your conscious mind say "money management" and "low risk", at some point your subconscious would take over.
To contol it, you have to train yourself for years, but most of us just want results now and instant.
And as trading is a zero-sum "game", always be there winners and losers, but it depend on you, which group do you belong.
(PS.: As I usually just listen and read English, the above may contains horrible grammar errors, so please forgive me)
Run as hell, sprint that you catch up them?
Or you start running long-distance style, do your best and never mind if you have chance to win or you will be the last?
What I learned from last months contest and my trading results at other broker company, is if you try to catch hard goals, like making wealth on FX with small starter amount, or try to win a contest, and overtake the other participant in one or in a few day, you will definitely lose. You would take much higher risks, and more, if you lose some money, you would go all-in, like a gambling addict.
And that is, our instincts that make those behaviour, even if your conscious mind say "money management" and "low risk", at some point your subconscious would take over.
To contol it, you have to train yourself for years, but most of us just want results now and instant.
And as trading is a zero-sum "game", always be there winners and losers, but it depend on you, which group do you belong.
(PS.: As I usually just listen and read English, the above may contains horrible grammar errors, so please forgive me)