Slow traders can win the competition

[Luke Hansen]

There is often misconception that fast traders will win the competition. But survey says that, in majority of the cases, slow traders who are trying to understand the market first have won most of the elections. The reason can be: in the forex market, if a trader tries to earn a lot of money quickly by trading, he will see that his risk increases and he can even lose money very quickly.

 

[robert.miner]

If you only trade on your private account that's true you will safe if you slow your trading. But, in forex competition the fastest and the biggest profitable trader is the winner.