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Learn. Trade. Win: Dive into our Global Paper Trading Challenge now!
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About 80% Aussies are making profits! One week left to win final prizes in Global Paper Trading Challenge

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Moomoo AU joined discussion · Nov 12, 2024 11:58
Hey mooers!!
Welcome to moomoo 12th anniversary Global Paper Trading Challenge! The competition is entering its final week. Let's take a look at the outstanding contestants who provided us with impressive trading strategies in last week's competition!
(Don't forget, you can apply the strategies you've learned to your real trading/paper trading!)
We Aussies are doing really great!!
We Aussies are doing really great!!
We have so many brilliant mooers in Australian community sharing their insightful feeling and thoughts. Let's take a look at @2DETN8 @demoniacoand @NoNo444's takeaways for Global Trading Challenge!
About 80% Aussies are making profits! One week left to win final prizes in Global Paper Trading Challenge
About 80% Aussies are making profits! One week left to win final prizes in Global Paper Trading Challenge
About 80% Aussies are making profits! One week left to win final prizes in Global Paper Trading Challenge
   
How did Aussie investors perform in the challenge?
Congrats to these Top10 mooers who performed well last week in the Global Paper Trading Challenge!
About 80% Aussies are making profits! One week left to win final prizes in Global Paper Trading Challenge
The top three winners of last week's simulated trading competition all benefited from the dividends brought by Trump's victory in the U.S. election. Their success not only demonstrated individual investment skills but also reflected the market's optimistic expectations for the development prospects of certain industries or sectors following Trump's election.
The trader who ranked first in last week's yield ranking primarily gained from the price increase of $Destiny Tech100 (DXYZ.US)$ stock. DXYZ is a closed-end fund with about 38% of its portfolio invested in SpaceX. Starting from October 22, this trader bought $Destiny Tech100 (DXYZ.US)$ at $11.388 and held onto it.
From November 6, DXYZ's stock price experienced three consecutive days of surge, finally closing at $36.20 on November 8, with a daily increase of 63.80%. This significant price increase might be related to market expectations that SpaceX would receive more contracts from the U.S. federal government, especially considering Elon Musk's good relationship with President Trump.
About 80% Aussies are making profits! One week left to win final prizes in Global Paper Trading Challenge
The second-ranked trader chose to profit by holding 2x leveraged Bitcoin ETFs such as $GraniteShares 2x Long COIN Daily ETF (CONL.US)$, $T-Rex 2X Long MSTR Daily Target ETF (MSTU.US)$, and $Defiance Daily Target 2X Long MSTR ETF (MSTX.US)$, which are designed to provide twice the return of Bitcoin's price.
Trump has explicitly expressed support for the development of Bitcoin and cryptocurrencies. He claimed he would list Bitcoin as a U.S. strategic reserve asset, which strengthened market confidence in Bitcoin's future development. Investors expect that under Trump's support, the cryptocurrency industry will welcome a more friendly policy environment, such as possibly relaxed regulatory restrictions, which would promote the trading, use, and development of cryptocurrencies, thus driving up prices.
The last winner gained profits by investing in two ETFs, $Direxion Daily TSLA Bull 2X Shares (TSLL.US)$ and $T-Rex 2x Long Tesla Daily Target ETF (TSLT.US)$, which offer twice the return rate of Tesla's stock price. Tesla's stock price began to surge from November 5, rising from $247.340 to finally close at $321.220 on November 8, an increase of 29.87%. It's worth noting that although Trump's political inclination is not currently viewed favorably for the entire U.S. electric vehicle industry, Tesla's stock price was able to rebound largely due to Elon Musk's stance in Trump's presidential campaign. In the short term, the increase in Musk's personal influence has a significant event-driven effect on $Tesla (TSLA.US)$.
The success stories of these three traders demonstrate their sensitivity to market conditions and the close connection between personal investment strategies and the macro political and economic environment. At the same time, this reminds investors that when making investment decisions, in addition to focusing on company fundamentals and technical aspects, they also need to consider broader political and social factors. Additionally, clever use of leveraged ETFs can help expand returns. For most M7 companies, there are corresponding multi-fold long and short ETFs available.
   
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About 80% Aussies are making profits! One week left to win final prizes in Global Paper Trading Challenge
About 80% Aussies are making profits! One week left to win final prizes in Global Paper Trading Challenge
   
Join Global Paper Trading Challenge and win cash rewards
If you haven't participated in the challenge yet, sign up now to learn and trade with global investors! Whether you’re in the US, Canada, Australia, Singapore, Malaysia, Japan, or Hong Kong, it’s your turn to shine and win USD 10,000 cash rewards.
About 80% Aussies are making profits! One week left to win final prizes in Global Paper Trading Challenge
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