Never violate your hunches! With good intentions I want to introduced something that could raise our skill to the max.
The 100UNIT Challenge
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The idea here is to get rid of that demo mentality of believing it wont help when in reality it can truly sharpen our skills to a level unlike no other.
I did agree once about it that demo can be a waste of time or that no money is involved so it couldnt affect me the way real money can and I agree with all that completely.
Can we admit that the power of money and how much of a grip it have on us, it's unreal.
Takes training on a higher degree. Discipline and all the above to be able to treat a demo account like their real one.
With that being said I want to introduce an idea of mines, the 100UNIT challenge. To keep it simple, goal is to flip 100UNIT as high as possible trading BTC only without losing the account by going into negative balance. This is where trust comes in. You can reset as many times as you like but we all know you cant fake the ACCOUNT HISTORY which is needed to show your proof of trades. BTC only for now because it's the hardest asset to trade. This is not meant to be easy.
Rules:
We are to start with 100UNIT balance with a max risk per trade of 1-2UNITs increasing by .5 every 100UNITs profit.
Use any trading style you like but stick to the objective.
The idea is to focus on SKILLS and not the PROFITS.
And to practice for getting funded.
How high can you flip 100UNITs without losing the account first?
The 100UNIT Challenge
================
The idea here is to get rid of that demo mentality of believing it wont help when in reality it can truly sharpen our skills to a level unlike no other.
I did agree once about it that demo can be a waste of time or that no money is involved so it couldnt affect me the way real money can and I agree with all that completely.
Can we admit that the power of money and how much of a grip it have on us, it's unreal.
Takes training on a higher degree. Discipline and all the above to be able to treat a demo account like their real one.
With that being said I want to introduce an idea of mines, the 100UNIT challenge. To keep it simple, goal is to flip 100UNIT as high as possible trading BTC only without losing the account by going into negative balance. This is where trust comes in. You can reset as many times as you like but we all know you cant fake the ACCOUNT HISTORY which is needed to show your proof of trades. BTC only for now because it's the hardest asset to trade. This is not meant to be easy.
Rules:
We are to start with 100UNIT balance with a max risk per trade of 1-2UNITs increasing by .5 every 100UNITs profit.
Use any trading style you like but stick to the objective.
The idea is to focus on SKILLS and not the PROFITS.
And to practice for getting funded.
How high can you flip 100UNITs without losing the account first?