Australians beat six global markets to take lead spot

We're nearing the end, and the news is getting better. In the fourth-week of our global paper-trading challenge it was Australia that took the lead in average returns.

That's no mean feat, in a challenge of seven nations. Some of them, with very sophisticated, risk-accepting trading populaces.

But we did it. The Australians reaped an average return of 3.57%. That means, when all the returns across week four – from the most negative to the most positive – were averaged out, Australians performed better than the North Americans and Asians.

Just behind us were the Singaporeans, with an average return of 3.35%, and then the Hong Kong users at 3.16%. Globally, across the seven competing markets the average return for week four was 2.9% (other markets include Malaysia, Japan, Canada and the USA).

You can get the full run down on the global paper trading competition and Australians' performance in today's post on the topic.

For a little more insight, almost 80% of all Australian challengers recorded positive returns in week four. And our most-traded securities for the week? They were $NVIDIA (NVDA.US)$, $Tesla (TSLA.US)$, $Trump Media & Technology (DJT.US)$, $Apple (AAPL.US)$ and $Advanced Micro Devices (AMD.US)$.

Given the performance of these stocks last week, it's not surprising how well we performed. (Just a reminder that only US securities can be traded in the challenge.)

To date, there's almost 150,000 participants in the global challenge. And several thousand Australians among them.

We've got some time left in the challenge, so if you want to try risk-free trading to apply your skills and test yourself, it's not too late to get involved.

And then you'll get a little more confidence to start trading for real!