Papertrade review: I achieved a 47% monthly return by longing leveraged etfs.
I am an investor living in Perth, and I ranked 8th in the simulated stock trading competition in September.
————————
Then,
My positions are as follows:
Mostly leveraged funds, such as $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ， $ProShares UltraPro QQQ ETF (TQQQ.US)$ ， $GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$ , etc. In a relatively good market conditions, leveraging can be beneficial. Of course, caution should be exercised regarding risks.
—————————
My favorite symbol is, of course, stocks that outperform the large cap this month $Tesla (TSLA.US)$ 。
Tesla has performed very well this month, with a bullish trend. Next month (October 10), the release of Robotaxi is worth looking forward to. At the same time, the financial report will be released on October 16, maybe both are good opportunities that I hold positions
—————————
Investment philosophy: Investing in large cap listed companies has a high probability of making money.
I love moomoo's 60-level depth data for US stocks, the real-time data helps me not to miss any potential trading opportunities.
This competition taught me that the current market is very healthy, so I hold my positions with peace of mind and enjoy the bull market.
Finally, moomoo is very user-friendly, ideal for regular investors to search for data and trade, highly recommended!![]()
————
For trading record purposes only, not to be considered as investment advice.
DISCLAIMER: I am not a financial advisor nor a CPA. These contents are for educational and entertainment purposes only and you should not construe any such information as legal, tax, investment, financial, or other advice. Nothing contained in these contents constitutes a solicitation, endorsement, or offer to buy or sell any securities or other financial instruments. Investing of any kind involves risk. Your investments are solely your responsibility and nothing in these contents is tailored to you or meant to address your individual circumstances.
It is imperative that you conduct your own research and evaluation of the merits and risks associated with the use of any information contained in the contents before making any decisions on such information and consult with your own legal, tax, investment and financial advisors. I am merely sharing my opinion and there is no guarantee of gains or losses on any of your investments.
DISCLAIMER: I am not a financial advisor nor a CPA. These contents are for educational and entertainment purposes only and you should not construe any such information as legal, tax, investment, financial, or other advice. Nothing contained in these contents constitutes a solicitation, endorsement, or offer to buy or sell any securities or other financial instruments. Investing of any kind involves risk. Your investments are solely your responsibility and nothing in these contents is tailored to you or meant to address your individual circumstances.
It is imperative that you conduct your own research and evaluation of the merits and risks associated with the use of any information contained in the contents before making any decisions on such information and consult with your own legal, tax, investment and financial advisors. I am merely sharing my opinion and there is no guarantee of gains or losses on any of your investments.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Make it tough for the enemy to get in and you can't get out.
如果你不願意承擔風險，那你也賺不到大錢。
151Followers
14Following
1365Visitors
Follow
Moomoo AU : Thanks for your insightful sharing!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
先定1个小目标 : I am also bullish on Tesla, but I am a bit hesitant about whether it's a good time to enter the market now, feeling like I didn't buy at the right price point.
DavePhoenix 先定1个小目标 : You will have other good times to buy. Right now though I would be staying off as they have had a huge bullish run. Now I see a time of consolidation and retracement.
Personally I am looking for the right time to make a put as I see Tesla dropping to as much as 235 before going back up again.
Please do your research before making any investments
標普500 OP 151169967 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
DavePhoenix : Not a bad prediction. My indicators were pretty spot on. The sell call at 268 and hitting down to 237
Time to buy baby!
標普500 OP DavePhoenix : 我230再买