How WTC helped Tamil realize he’s a better trader?

My name is Tamil, and I’m a 32-year-old trader from Bangalore. In December 2022, I took one of the World Trading Cup (WTC) prize places on Binomo. To me, it was a sudden achievement that significantly shaped my trading and gave me some valuable insights.

During autumn, I felt like my trading was getting more and more monotonous each day: there were no new emotions. My account balance didn’t really grow and didn’t run out. Basically, I was in a bit of a trading slump. That was the main reason I decided to join the WTC: the participation was free, but once you sign up, you have extra motivation to trade every day. And at the time, I could use anything. 

I’m not a competitive person by nature, that’s why at first, I wasn’t in it for the prizes. For me, it was just a good opportunity to shake my trading up a little. I’ve never taken part in any tournaments on Binomo, and to be honest, was a bit skeptical and didn’t know what to expect. 

Before the WTC, I didn’t spend much time preparing. To be honest, I didn’t do anything. When the championship started, I signed up for both mechanics and traded every day as usual. With time I noticed that I was pretty high on the 50 Daily leaderboard and thought to myself, “So I’m not that bad after all!”

How my liberal education helped me succeed in the stock market

After that, I got more ambitious and started to think about getting one of the prizes. Sometimes I had to make quick decisions and adapt to the ever-changing market on the go. Some trades went well, and I felt super confident. But there were also times when things didn’t go as planned, and I had to quickly adjust my approach.

For 20 days, I made 50 trades a day and earned Bions, and to my surprise, I ended up in the top 100 traders in the 50 Daily challenge. I got a handful of risk-free trades (still haven’t spent them all to this day) and automatically got to the Finals. The Finals lasted for 5 days. I took 26th place, which is, in my opinion, more than impressive for a newbie I was! 

Looking back, participating in the championship was an incredible experience. It has motivated me to keep pushing forward in my trading journey and made me realize that I’m actually quite a decent trader. I’m going to double check that in the next similar adventure. See you there!