Surf at risk wrote a post · Aug 14, 2024 15:32

My journey in papertrade competition season2

Hi there, hope you all are doing well. I was fortunate enough to become the champion in season 1 on US shares, but i felt so struggle in this season for both papertrading and live account. As the saying goes, the stock market always has a way of keeping us humble.

My US stock performance sucks, down 3.5% ranking 677, wrongly bet on a sector, dnt wanna talk much about that. On the brighter side, my AU portfolio showed a much more promising outcome, with a +9.21% gain, landing me in 13th. My main holdings in $IperionX Ltd (IPX.AU)$ and $Mirvac Group (MGR.AU)$. Here's a quick breakdown:

IperionX: Focusing on sustainable materials, IPX benefited from the rising demand for eco-friendly alternatives. The demand for sustainable materials is on the rise across various industries, including automotive, aerospace, and consumer goods. IperionX’s innovative approaches in creating low-carbon materials position it well to capture a substantial share of this growing market. This demand is likely to drive revenue growth and potentially lead to higher stock valuations. (Not invest recommendation, do your own research)

Research is Key. I spent a lot of time researching my picks, and it paid off. Deep dives into company fundamentals, industry trends, and economic indicators can give you that edge. I'm already looking forward to the season 3. happy trading Let's continue to learn and grow together! Congrats on winner in this season!