Moomoo SG wrote a post · Dec 23, 2024 11:00

Annual Summary of Money Master

Hey Mooers,

We are grateful for all the support and love you shared through this community. The first Moomoo Money Master competition has officially come to a close!

Since September, over 50 contestants have come together for an intense competition, showcasing the sharpest minds in the world of investing. Throughout the series, we witnessed their passion and generosity in sharing investment strategies, opportunities, and tools they’ve relied on to supercharge capital appreciation on moomoo. More than 500 pieces of content—spanning simulation contests, daily financial management, and technical analysis—were shared. Even after the series wrapped, the mentors gave us a heartwarming glimpse behind the scenes, revealing the friendships formed along the way.

Are you following your favorite Moomoo Mentors? How have their experiences inspired you to take charge of your own financial journey?

Here are some throwbacks of the competition. Click to reveal!

Who Will Claim the Top Spot? Vote & Win Big!

In the first round, over 50 contestants shared real-time earnings data and trading experiences, offering valuable insights into a wide range of strategies. They synchronized their personalized investment approaches, which varied from sector-specific impacts to diverse psychological factors driving their decisions. This exchange highlighted the broad spectrum of investment strategies and the importance of tailoring tactics to individual risk appetite. The diversity of approaches underscored the complexity of trading and the need for a nuanced, adaptable strategy.

They believe that smarter decisions are made when emotions are set aside.

@The _Contessa:

"Don’t get married to your trades. Every mistake will lead me to discover more of myself and manage my own emotions. It's never the market against you. It's always you against you." View more

@Tan_Talk_Sense:

"Keep a level head and stick to your plan! Investing can be a great journey if you take the right steps and avoid common mistakes."View more

Others believe that establishing a clear exit strategy is equally important.

@Money365D:

"If you stick to the basics—like following your EMA, VWAP, and volume indicators—you’ll have enough to guide your decisions. There's no need to overwhelm yourself with complex indicators or strategies."View more

@CasualInvestor:

" Alerts are your next BFFs besides setting Brackets to stop loss and profit take. Alarms help pull you to relook at the Technicals and Analyse if you need to make that decision to stop loss or profit take."View more

@Brianjh, Interpret the key points of investment from 12 different conclusions. View more

@Bear Bear Craig:

"Market opened strongly and suggested a big move, sticking to planned strategy and discipline enough to take profit." View more

Share & Inspire Smart Money Tips!

From paper trading to real-market investing, the contestants shared personal finance tips that offered a comprehensive approach to financial management beyond just investing. Their insights covered topics such as credit cards, savings, and other key financial aspects.

@dumb bull ivan is more budget conscious, he said:

"I personally feel that budgeting is more important than the actual investment, as this gives you more insights on your lifestyle/spending before being able to make any sound investments." View more

@David Lee cm emphasizes that little things add up to a lot:

"The important thing is to build the mental discipline of not ignoring small money which helps you to save money and not waste it." View more

@Alex Gui shares his experience trading from index funds to options as he continues to refine his strategy. View more

Some investors focus more on simple and safe time-saving basic investment strategies which are very newbie-friendly!

@CasualInvestor said:

" We are looking towards SAFE levels of investment to beat peanuts interests from our savings account. We are averse to any dip in our principle going for 100% safe capital protection, higher interest than, No or Shorter Lock-in periods." View more

@arctheshark said:

" Because time is an investment too and there’s a high chance you’ll need more time to execute a properly thought out investment plan all by yourself. View more

@Bear Bear Craig details three investing rules for beginners, from learning to research to strategy mastery. View more

Money Master: Capital Gains or High Dividends?

There are countless ways to manage finances, and each strategy can shape your returns in unique ways. Let’s dive into a comparison of two popular approaches: riding the waves of market volatility for capital appreciation versus seeking stability with high dividend yields. By examining the strengths and trade-offs of each, we can uncover how each strategy might take you closer to your financial goals while managing the downside risks.

@CasualInvestor thinks risk tolerance is the key to financial management:

"Ultimately, your decision depends on your risk tolerance, financial goals, and how much thrill you can handle in the market." View more

@天生赢家贵公子 prefers to invest in stable blue chip stocks with high dividends, he thinks:

"Capital gains focus on long-term returns through asset appreciation, while dividend income focuses on stable cash flow through dividends." View more

@Bear Bear Craig felt it was important to understand the difference between the two before deciding which was more cost-effective,

"Your choice between capital gains and dividends should align with your financial goals, whether you want long-term growth or steady income. Also, consider the risk appetite that one is willing to undertake." View more

@Alex Gui gives detailed strategic advice through two separate age classes of investors,

1. The Advantage of Youth: Taking on More Risk, Small Capital Base: Yield From Dividends May Be Insufficient, Accumulating Wealth Quickly Through Capital Gains.

2. Reducing Risk as You Approach Retirement, The Role of Stable Dividend Stocks, Beware of the High Dividend Yield Trap, Balancing Growth and Income. View more

Moomoo Desktop, My Strategic Binoculars to Trade With Control!

Precision and clarity in every move are crucial, that’s where Moomoo Desktop comes in. The moomoo desktop fully realizes the need for personalized configurations, experiencing expensive technical analysis and market experience in a free process, and cleverly making money with new features!

@Tan_Talk_Sense describes the 12 key features of Moomoo Desktop:

"I realized how its features give me precise control and insights. Multi-monitor setups help me see the bigger picture, while the options screener and strategies open up new opportunities. Alerts keep me on top of the game without missing crucial moves!"View more.

By combining Buffett’s investing philosophy with Moomoo Desktop’s powerful tools, @Tan_Talk_Sensecan make smarter decisions on stocks like Domino’s Pizza and Pool Corp. View more

@Adipose fin has set up a multiscreen view at home that simplifies stock trading (like hunting for golden crosses and viewing stocks) and options trading (viewing indicators and performing related actions), while also freeing my phone for other uses. View more

Finale! All 4 Episodes Out Now!

Staying true to the belief that practice makes perfect, after four intense online sessions, the stage was set for the crowning of the Moomoo Money Master. All four episodes are now live on TheSmartLocal YouTube channel, and the competition was fierce! In the end, it was 26-year-old Cheryl ( @thefrugalstoryteller on the moo community) who emerged victorious, claiming the title of our first Moomoo Money Master.

@101870845 said it's an excellent finance show. The hosts simplify concepts, suit all investors, use diverse elements, and cover multiple finance aspects practically and inspiringly. View more

@Bear Bear Craig thinks that the Money Master competition was well organized and really wonderful,"

Was Fighting hard during the first week of pre-competition paper trading and many countless late nights. Lesson learned: Stick to fundamentals, any action could result in a different outcome desired, and vice versa; any inaction results in no results." View more

@CasualInvestor said throughout this experience, formed countless connections, and made unforgettable memories, the competition demanded calmness and quick thinking with rules revealed during challenges. Despite initial confusion, it was well-organized and had an attractive prize pool. View more

@HENG KURAGI made a lot of new friends:

"Talented, funny, inspiring, and very importantly- genuine individuals. Glad that we all vibed immediately." View more

@Tan_Talk_Sense said:

"Resilience, adaptability, and the joy of continuous learning. This experience has truly shaped how I approach challenges, not just in investing but in life." View more

After a quarter-long Moomoo Money Master that ran through both online and offline platforms, we hope you, as part of this vibrant community has benefited in one way or more.

Online:

From paper trading to practical investment lifehacks, we uncovered realistic strategies that every investor can leverage. By combining the power of both investing and saving, we maximized earnings. Through our interactions with Moomoo Mentors, we learned to move money with agility and navigate various market conditions without losing sight of our goals. Additionally, we saw how Moomoo Desktop expanded our view of the market, sharpening our decision-making.

Offline:

Through individual and team challenges, we recognized the importance of adapting to changing circumstances and leveraging each other’s strengths. In the face of market shifts and life events, we learned that timely information and clarity are essential for making wise decisions—ones that drive portfolio growth while managing downside risks.

Finally

As we mentioned at the beginning (in the recruitment post for Moomoo Mentor in the first article), Using a multi-mix scoring system that considers factors such as follower growth, contribution level, sharing quality, and community engagement, we have carefully selected the top 5 standout Moomoo Mentors who were identified as the most influential during this period. They are @CasualInvestor, @Bear Bear Craig, @Brianjh, @Alex Gui, and @HENG KURAGI! Congratulations to all five winners!

Each of them will be walking away with a prize of S$2,000. Let's give them a big round of applause (emoticon) to congratulate them once again!

Once again, we would like to express our sincere gratitude and best wishes to all the contestants. Meanwhile, we also appreciate the support and love from all mooers.

Catch you in the next! Wishing everyone a Merry Christmas and a Happy New Year!

This presentation is for information and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. See this link for more information.

Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more