Learn and Win: Tips to secure your share of the $200,000 Grand Rewards!

Moomoo Learn joined discussion · Oct 22 15:37

The Moomoo's Global Paper Trade Challenge is in full swing! Join now for a chance to win exciting prizes.

– Eligibility: Open to all moomoo users.

– Event period: 2024/10/14 - 2024/11/16 (AEDT, UTC+11).

Learn and Win: Tips to secure your share of the $200,000 Grand Rewards!

If you haven't joined yet, now's the time! The sooner you enter, the better your chances of winning a prize.

Curious about the prizes? Here’s what you need to know about the Positive Earnings Challenge:

Each week, you can share a portion of the US$20,000 stock cash reward, provided you achieve a positive weekly profit and loss (P/L) from now until November 16.

But that’s not all! If you rank in the Top 3 in either the regional or global standings, you’ll receive special bonuses (Check the below picture). The global Top 3 winners will even have the opportunity to be featured in a video broadcasted at Nasdaq Tower in Times Square! If that’s not your thing, no worries—just skip that privilege!

Don’t miss out on your chance to ace this challenge and claim your slice of the rewards!

Not a fan of trading competitions? Can you still join and win prizes?

Absolutely! During the competition, participants can answer questions and earn prizes. If you accumulate 500 guessing points*, you will share a total of $100,000 in stock cash rewards. (*Participants earn 10 Guessing Points and 10 moomoo Points for each correct answer.)

Join the challenge today and start competing for your rewards!

How can you stand out in paper trading and win generous prizes? Moomoo Learn offers you practical stock picking and timing strategies!

Stock picking:

1. Select company: Short-term trading to track gains

Short-term trading lasts for as little as a few minutes to or as long as several days. Investors focus on price action and technical analysis to make profits.

Investors can simply pick up Top Gainers after selecting Featured Lists: Markets> Featured Lists> Top Gainers.

2. Select industry: Explore hot stocks in popular industries

Moomoo's industry chain function displays industry chain of popular areas. Select your preferred industry and you can see all the links in the industry chain. Click any link to see all the stocks in the field and their recent rise or fall.

Go to Moomoo: Markets> US> Industry Chain.

Market timing:

1. Discover potential entry points: Support and resistance help

Support is the level where demand is strong enough to potentially stop the price from falling further, and resistance is the level where supply is strong enough to potentially stop the price from rising further.

In addition, traders can identify how significant potential support or resistance can be with volume. If the level is formed at heavy volume, it may be considered more important by some traders.

2. Trend judgment: Trend lines help trading

Traders often use trend lines to better understand market directions. An Uptrend line is drawn below the price action, connecting several swing lows. A downtrend line is drawn above the price action, connecting several swing highs.

For instance, traders might look for buying opportunities when the price approaches or touches the uptrend line and signals a potential bounce.

Summary:

– The paper trading are limited to U.S. stocks and ETFs. Investors can select stocks based on the U.S. markets, such as the U.S. presidential election and Federal Reserve interest rate cuts. Refer to our courses - "How to Allocate Assets During the Election" and "How to Invest During Rate Cuts".

– When performing technical analysis, you can use moomoo's technical indicators or utilize drawing tools. Not familiar with moomoo's features? You can take the course - Empower Your Trading with Handy Tools.

– Establishing a realistic trading environment is very important, including creating a diversified investment plan, setting clear stop-loss and take-profit levels, etc.

Join Moomoo Learn Premium to learn more about trading strategies.