Instaforex Trading Competition 2009

Instaforex 2009 Trading Competition had just begun. It is important to have a good start. The fact is that I start with a losing trade. Losing USD 12 for the first trade. This is due to the rushing start which is not good. Like the old saying, pips will not run away. Yes, we just have to take it wisely. Pips will always be there all the time.

I want to make my way to the top. The reward of USD 5000 for the final round is very visible to me. Start with nothing to get something is a good practice. I don't have a lot of money. The trading size for each trade is 2 lot, by which 1 pip is equal to USD 2. This is the standard I can hold in the reality although I'm dealing with virtual reality. Emotional trading should be avoided. It will never take us anywhere. This is the main reason for losing the first trade.

However, I hope to see the profits roll in at the end of the day.