Moomoo US wrote a post · Nov 12 18:58

US Paper Trading Competition W4 Recap: The X Factor

Source: Giphy

US Paper Trading Competition W4 Recap: The X Factor

Hey, mooers!

The Global Paper Trading Challenge has been underway for 4 weeks now, and 78.6% of our competitors are showing positive returns! With the U.S. election shaking up the market as the unpredictable "X factor," mooers have been seizing every opportunity. Curious to see how the top players tackled the wild swings? Let's dive into the standout strategies of our top three mooers from last week:

Spotlight on Our Top Participants

Last week's top three participants with the highest weekly virtual returns are @KaneHor @Kbean @mmdan

🥇 1st Place

Ahead of the Curve on Rocket Science!

This trader made a bold move by jumping in before election results, placing their faith in $Destiny Tech100 (DXYZ.US)$ , a closed-end fund with nearly 38% of its holdings in private shares of SpaceX. The gamble paid off big time, delivering a stunning 200%+ profit, which more than covered their losses from bets on Chinese ETFs and an esports company.

$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ $NIP Group (NIPG.US)$

🥈 2nd Place

A Leap of Faith on Election Day!

This fearless mooer went all-in on leveraged ETFs, targeting stocks they believed would skyrocket after the election. With solid bets on Tesla, Coinbase, and Nvidia, they managed to lock in big wins from the EV, crypto, and chip sectors.

$T-Rex 2x Long Tesla Daily Target ETF (TSLT.US)$ $GraniteShares 2x Long COIN Daily ETF (CONL.US)$ $GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$

🥉 3rd Place

Right Move, Just a Bit Early!

Back in mid-October, this trader made the gutsy decision to short biotech company $Tevogen Bio Holdings (TVGN.US)$ . Although they faced a bit of pain when the stock initially soared , their patience paid off as the excitement faded, and the stock price slid. That timely short position rewarded them with a hefty 50% return for the week!

$UP Fintech (TIGR.US)$

Join the Challenge!

With the competition rules in place, there's a chance to share in some amazing prizes. If you want to get in on the action, check out this link to learn more: 👉 Join the Challenge

Once you join the Challenge and start trading, you can check out the leaderboard here: 👉 Leaderboard

Want to learn participants' investing strategies? Join the conversation here: 👉 Discussion Topic

Let's trade, learn, and grow together, creating wonderful experiences!

Disclaimer:

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).

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