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Winners announced! Who is the best ASX stock investor?

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Moomoo AU wrote a column · Jun 4 05:52
After weeks of intense competition, we are thrilled to announce the winner of our Australian Stock Paper Trading Competition!  
The competition received enthusiastic participation from mooers, with a total of 1268 mooers signing up!
The most exciting moment has arrived! Let us congratulate the top three finishers of this competition!
Winners announced! Who is the best ASX stock investor?
The Champion: @Hojubu
The two stocks Hojubu traded the most were $Nuix Ltd (NXL.AU)$ and $Vulcan Energy Resources Ltd (VUL.AU)$, and he made profits by accurately grasping the timing of buying and selling.
Hojubu shared his investment skills and trading experience in the moo community, let us learn form his brilliant strategies!
“One piece of advice I would like to share is the importance of developing your own set of principles. Having a personal set of rules and guidelines can help you stay disciplined and focused, especially during turbulent market conditions. Your principles should reflect your risk tolerance, investment goals, and strategies that you have found to be effective. Sticking to these principles can prevent emotional decision-making and help you achieve consistent results.”
“One of the strategies that proved particularly effective for me was breakout trading, through which I achieved a remarkable 50% return. Breakout trading involves identifying stocks that are poised to move significantly once they break through a certain price level. By closely monitoring these opportunities and acting decisively, I was able to capitalize on significant market movements.”
TOP2: @FTHM
The second-ranked user's profit came from $Lovisa Holdings Ltd (LOV.AU)$.
FYHM bought a large number of LOV shares as early as May 10th and sold them all on the last day of the competition, May 31st.
Lovisa Holdings is a fashion jewellery retailer with a multinational presence in Australia and more than 20 other countries. Founded in 2010, the company now boasts around 860 locations owned by itself and through franchisees.Lovisa is one of the top performing stocks in discretionary space, up 20% year-to-date and 42% in the past twelve months.
Lovisa's share price has substantially increased over the last year for two reasons: strong growth in its store network and e-commerce platforms and positive analyst sentiment.
The third-ranked user's largest holding was $Southern Cross Gold Ltd (SXG.AU)$. At the same time, he also held a large amount of $Perseus Mining Ltd (PRU.AU)$ and $Liontown Resources Ltd (LTR.AU)$
Obviously, this investor was focused on mining shares in the Papertrading, and adjusted the investment portfolio according to the latest market trends.
In May, gold climbed to a record and silver advanced as the dollar weakened, boosting the investment appeal of precious metals and curbing the cost of acquiring assets for holders of other currencies.
SXG shares have been on fire over the last 12 months amid excitement over the company's 100% owned flagship project at Sunday Creek. The company describes this as "the best new grassroots discovery in Australia with a globally leading high-grade hit rate for this stage of the project's development."
Excitement has been so high that the ASX gold share is now up 460% since this time last year. This would have turned a $10,000 investment into over $55,000 today.
And congratulations to the top 10 mooers who topped the leaderboard!
@Steve_Liebmann @NoNo4Eva @JasonMa1217 @151724106 @Abinash Bhandari @KJs Picks @Police profit
Winners announced! Who is the best ASX stock investor?
Once again, thank you to all mooers for making the Papertrading Competition such a memorable experience!
If you haven’t won yet, don’t despair! Our Papertrading Competition Season2 is coming up on 17 June! And the champion of the competition will be awarded Ten NVidia (NVDA) share, you still have a chance to win big prizes! Stay tuned!
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Moomoo is now offering a Transfer-In Incentive Program, which allows investors to receive A$400 cash back* and a FREE iPhone 15 pro^ when they transfer their existing portfolio to us.
Winners announced! Who is the best ASX stock investor?
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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