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SG Forum for US Stock Paper Trading Competition
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[Spotlight]TOP5 Traders receive Gifts! (week 3)

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PaperTradingOfficial joined discussion · Jul 28, 2021 02:44
Dear moomooers
Thank you so much for participating in the first season of the US Stock Paper Trading Competition held by moomoo. With given virtual cash, traders can build out the portfolio they always dreamed of, all experience levels investors were welcomed and top performers will be rewarded final prizes. Now let's take a look athow did our leading participants perform in the previous week under the different market dynamic atmosphere.
Here we are excited to annouce our TOP5 traders of last week!
[Spotlight]TOP5 Traders receive Gifts! (week 3)
Congratualations for all of you five!
We have a Themed Gifts for our Top5 traders!
Screenshoot this table above to Message our Customer Services and provide your address, recipients and phone number .We will send the gift to your side within 7 business days after you provided all the informations.
We will send the gift to your send within 7 business days after you provided all the informations.
Wanna be next mooer to receive gifts?
Register here to join the competition of August!
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Previous Week Market Recap
U.S. equities rose last Friday with the major averages hitting new records as they overcame concerns about economic growth from earlier in the week.
The $Dow Jones Industrial Average(.DJI.US)$ closed above 35,000 for the first time ever, bringing its gain for 2021 to more than 14%. The blue-chip average rose 238.20 points, or 0.68%, to 35,061.55, gaining for a fourth straight day. It made the 1,000-point trek rather quickly, having closed above 34,000 for the first time ever back in mid-April.
The $S&P 500 index(.SPX.US)$ gained 1.01% to 4,411.79 and the $Nasdaq Composite Index(.IXIC.US)$ climbed 1.04% to 14,836.99, both new closing highs for the benchmarks.
Stock of The Week
Last week, given a relative active session, a lot of different names and sectors were involved in the action but being a huge week of earnings, as well as an approach of Fed meeting this week. Our candidates chose to be prudent in not drawing too many conclusions from the broad market activities.
A lesser-known US insurance company White Mountains Group that is headquartered in New Hampshire came into the spot by attracting the attention of our candidates during the week.
By end of March, 19 hedge funds disclosed a stake upon the company in their last 13-F disclosure.
Among these funds, Wallace Capital Management held the largest shares of WTM, which was worth more than 80 million at the end of the fourth quarter. The company has also announced its subordinated notes issuance of 39.1 million reported by Reuters last Monday.
About the company: White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance services in the United States. The company operates through HG Global/BAM, Ark, NSM, Kudu, and Other Operations segments. White Mountains Insurance Group, Ltd. was incorporated in 1980 and is headquartered in Hamilton, Bermuda.
Performance Tracking
[Spotlight]TOP5 Traders receive Gifts! (week 3)
NO.1
Our winner MrMarketWin has successfully lead the competition nonstop for the third week with a stunning 94.06% of total P/L. He has successfully maintained his return with his symbolic high-frequency trading. Despite the consistent trading frequency, MrMarketWin has been switching from sector to sector while adapting value-growth preferences.The favorite sector of our winner of the week is financial. Our winner invested most heavily in WTM in his portfolio.
[Spotlight]TOP5 Traders receive Gifts! (week 3)
NO.2
Our winner pcwSg has also maintained his leading position from the previous week as the second place of the competition. He has a similar high-frequency trading style to our leading champion MrMarketWin, which helps him further this gain from 36% to 76.87% this week. Meanwhile, our winner has also lower his asset allocation rate to 26% ahead of a big week of technology companies’ earnings reports, such as Tesla, Apple, and Alphabet.The favorite sector of our fourth-place winner of the week is financial. His largest holding as of week 3 is WTM as well.
[Spotlight]TOP5 Traders receive Gifts! (week 3)
No.3
Wzhoa is the last participant who successfully maintained his leading position from the previous week. He achieved 44.95% over the past three weeks of investment, bouncing back from the previous low. He has successfully ridden with the strong market momentum of the Vaccine industry, which performed better than the rest of the market during the past week. The favorite sector of our third-place winner of the week is Healthcare. His largest holding as of week 3 was BNTX.
[Spotlight]TOP5 Traders receive Gifts! (week 3)
No.4
TYSNG has finished his week strong with a 38.14% of total P/L as our fourth-place winner. This participant has a clear stock selection strategy as he allocates 99.9% of total capital while limiting his daily trades number. His stock performance is also supported by the strong performance of the healthcare sector, especially vaccine-related companies. The industry is rising again amid the global economy is once again shadowed by the rising fear of the public health crisis. The favorite sector of our fourth-place winner of the week is Healthcare. His largest holding as of week 3 is Moderna, Inc, the leading vaccine producer in the U.S.
[Spotlight]TOP5 Traders receive Gifts! (week 3)
NO.5
Bljh, the fifth-place winner placed a good bet in his stock selection that helps him obtained a 31.76% return. The participant invested near three-quarters of his total capital in merely two stocks. This investment strategy allows for a greater individual company-related risk, which would cause the portfolio to become more volatile compared to the overall market. However, our fifth-place winner has selected the healthcare sector that performs better than the overall market. His largest holding as of week 3 is SAA.
[Spotlight]TOP5 Traders receive Gifts! (week 3)
The ongoing stock trading competition is yet to announce the final winner, while moomooers within the app still have a chance to win our prize for the season.
Keep trading and good luck to y'all!
Let us know if you have any questions or feedback by commenting below or @me! We are here for you, as always.
Follow our official account @PaperTradingOfficial,
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