Leaderboard: Finale Recap for the Global Paper Trading Challenge in SG
Last week, the Global Paper Trading Challenge came to an end, with the SG market delivering impressive returns and maintaining a stellar performance. Congratulations to Week 5 TOP 3 mooers!
*Data as of 15 Nov 2024, 5 PM (SGT)
*The rewards have been issued on 18 Nov 2024. Please contact our customer service for more details.
Throughout the season, the SG market has delivered a stellar performance:
1. SG cumulative positive return rate reached an impressive 57%, surpassing the global average of 53% and leading across Asia.
2. The top three SG return rates were 357.113%, 323.679%, and 289.399%, with the SG TOP 1 securing the 16th spot globally.
*Data as of 16 Nov 2024, 5 PM (SGT)
[SG TOP3 Trading Highlights]
What set them apart and secured their victory in this investment marathon? A closer look at their portfolio records reveals these standout strategies:
1. High Volatility Bet Strategy: Preferring high-risk, high-return assets. SG TOP1 mooer anticipated a favorable trend for cryptocurrency stocks following Trump’s victory, making a bold move to buy BTC-related stocks such as $BTC Digital (BTCT.US)$ after the U.S. election on 6 Nov. This week, the approval of BTC ETF Options has pushed BTC prices higher as well.
2. Growth-Oriented Value Investment: Focusing on individual stocks in the renewable energy and technology sectors, potentially for mid-term holdings. The goal is to capture the valuation growth of promising stocks, with an emphasis on industry outlook and a moderate risk-return ratio through diversified investments. During this period, we can keep an eye on some surging AI stocks.
3. Political & Market Sentiment Investing: Capitalizing on the U.S. election cycle and its associated market momentum, with a particular focus on $Trump Media & Technology (DJT.US)$ in the event of Trump victory.
[SG Top 10 stocks by number of trades in the whole paper trading challenge]
SG mooers clearly have a stable preference for tech stocks, with $Tesla (TSLA.US)$ and $NVIDIA (NVDA.US)$ consistently holding the top spots throughout the season. In addition, $SPDR S&P 500 ETF (SPY.US)$ has also consistently made the list, reflecting a strategy focused on balancing risk while ensuring stable returns.
Transition from Paper to Real Trading
As you evolve through the Global Paper Trading Challenge, gaining valuable insights and honing your trading strategies, some of you might feel ready to leap into real trading. This is a significant step, offering new challenges and opportunities for growth.![]()
For a glimpse into how others have transitioned and their experiences, check out the profits and losses shared by fellow mooers from community P/L sharing events. For example, last week BTC surged and mooers all actively posted their orders under this topic:
This could give you a better understanding of what to expect and how to potentially adjust your strategies in live markets. Hope all mooers achieve great success in real-life investments!![]()
We sincerely thank all participants, including those not yet on the leaderboard. Thank you all for being the driving force behind the excitement and energy this season! Your enthusiasm has truly sparked life in the SG market. Let’s keep the momentum going—stay passionate, join more community activities, and work towards shared success. ![]()
Here’s to growing together and making every step of the journey count!![]()
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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