FAIR WARNING Forex isn't it just the greatest opportunity that you have come across to the world of wealth. Don't you dream if you winning big amounts of money,and here is the opportunity of gathering some starter capital for your trading career , the prizes offered by Dukascopy I bet you dream of winning every contest and getting every prize, wouldn't it be just awesome if that happened .with the right amount of starting capital ,good strategy and good money management'' I would be a millionaire in no time''you might think.i just know.i know not because I was there ,no, I am there.But let's be rational along with being ambitious.let's be careful along with being optimistic. only then we really can be millionaires and achieve our good goals.

Here is what I think we should do . I advice you and my self not to let your behavior in trader contest affect your behavior when trading live your own money.in the contest you will have to leverage up your positions 1:30 or even more and if it worked out for you, by mere luck, you might be tempted to try this kind of extremely high position sizes on your own money and if you did that you may pretty well blow up your account.further more if you win in this contest or any other contest any prize you will still need high leverage to meet the very high turn over requirements needed to claim the money. so ,do not let participating in such contests or trying to meet certain requirements be the reason for you to get used to bad habits in trading .treat your own money in a far more careful way .and as for the prize do not get too excited if you win any thing, the money is not really yours....well not yet,and you still have either a very long road or a very dangerous one to walk.you can calculate that for your self what it would take you to turn every 100$ won into 2.5 M ,if you play it safely it might take up to ten years,and if not the risk is to high to loose it altogether. either way Dukascopy wins for every 100$ given away about 500$ taken in commissions and spreads, and who can blame them its business .

That's all being said ,now all you have to do is to promise your self before participating in any contest no to let that affect your own live trading account ,and not to be too exited if you win because you might pretty well not be able to meet the turn over requirements before blowing off the entire account,but why not give it a shot any way.now promise your self and live up to that promise ,then enjoy your time and happy contesting and always remember NOTHING worth your blood pressure to go through the roof for .
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