Moomoo's global paper-trading challenge is over. We wrapped it up at the end of last week, after five weeks of gruelling competition between more than 150,000 entrants across seven world markets.
And the winning market, as determined by profitability? It was Australia. And Singapore. A tie between the two, where 57% of participants ended the challenge with a net gain in their virtual portfolio. And coming in at thir...
And the winning market, as determined by profitability? It was Australia. And Singapore. A tie between the two, where 57% of participants ended the challenge with a net gain in their virtual portfolio. And coming in at thir...
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We're nearing the end, and the news is getting better. In the fourth-week of our global paper-trading challenge it was Australia that took the lead in average returns.
That's no mean feat, in a challenge of seven nations. Some of them, with very sophisticated, risk-accepting trading populaces.
But we did it. The Australians reaped an average return of 3.57%. That means, when all the returns across week four – from the most negative to the most...
That's no mean feat, in a challenge of seven nations. Some of them, with very sophisticated, risk-accepting trading populaces.
But we did it. The Australians reaped an average return of 3.57%. That means, when all the returns across week four – from the most negative to the most...
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Financial markets are complicated, with many factors working at once to determine whether stocks, or whole indices, will go up or down.
Moomoo Australia is working to clarify what's going on at all times, and deliver content to keep you up to date and in tune with market sentiment and thinking about what's ahead.
So we want to make sure you're aware of our new video series we are up and running with, which we think is probably the easiest...
Moomoo Australia is working to clarify what's going on at all times, and deliver content to keep you up to date and in tune with market sentiment and thinking about what's ahead.
So we want to make sure you're aware of our new video series we are up and running with, which we think is probably the easiest...
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There's a lot going on as we enter November, with markets tanking, interest rate decisions due from leading economies, and, of course, the US federal election in a few days.
That election is on the minds of investors, including the local users of the moomoo platform. It's the only reason that $Trump Media & Technology (DJT.US)$ was the most-traded security in the past week. The stock's rise in October was very impressive, as the election drew clo...
That election is on the minds of investors, including the local users of the moomoo platform. It's the only reason that $Trump Media & Technology (DJT.US)$ was the most-traded security in the past week. The stock's rise in October was very impressive, as the election drew clo...
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Now we're about half-way through, more than 100,000 moomoo users are competing in our global paper-trading challenge.
It's a huge number, and there's thousands of Australians among them.
But we're not keeping up our strong performance from week one.
When we look at the entrants from each of the competing seven nations, Asia has taken all top three spots, with Malaysia, Singapore and Hong Kong in the lead.
To note, 67.4% of Malaysi...
It's a huge number, and there's thousands of Australians among them.
But we're not keeping up our strong performance from week one.
When we look at the entrants from each of the competing seven nations, Asia has taken all top three spots, with Malaysia, Singapore and Hong Kong in the lead.
To note, 67.4% of Malaysi...
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This week the big US tech stocks are reporting in force.
Third-quarter results are out for Alphabet and Advanced Micro Devices today (US time); Meta and Microsoft on Wednesday; and Thursday for Apple and Amazon.
These are the powerhouse US stocks, a principal force in boosting the overall US market, that have delivered time and again for investors.
Moomoo Australia market strategist Jessica Amir says investors are positioning themselves ...
Third-quarter results are out for Alphabet and Advanced Micro Devices today (US time); Meta and Microsoft on Wednesday; and Thursday for Apple and Amazon.
These are the powerhouse US stocks, a principal force in boosting the overall US market, that have delivered time and again for investors.
Moomoo Australia market strategist Jessica Amir says investors are positioning themselves ...
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Australians are coming through in moomoo's global paper-trading challenge!
Last week — the first of the five-week challenge — we ranked second among the competing nations, with most of us (67.8%) recording positive gains. And only 0.2% below the leading nation, Japan, in profitability.
And the most traded securities in the competition so far? Nvidia, Tesla and Trump Media. Those last two stocks achieved very impressive gains this week, so it'll...
Last week — the first of the five-week challenge — we ranked second among the competing nations, with most of us (67.8%) recording positive gains. And only 0.2% below the leading nation, Japan, in profitability.
And the most traded securities in the competition so far? Nvidia, Tesla and Trump Media. Those last two stocks achieved very impressive gains this week, so it'll...
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Artificial intelligence is changing investing, and will continue to do so. Its real power is to make investing simpler, providing richer, deeper information in the most accessible and easy-to-understand way possible.
This was the focus of a discussion between moomoo Australia market strategist Michael McCarthy and experienced business journalist Sean Aylmer of the Fear + Greed podcast.
Using AI on share-trading platforms is a light-year leap i...
This was the focus of a discussion between moomoo Australia market strategist Michael McCarthy and experienced business journalist Sean Aylmer of the Fear + Greed podcast.
Using AI on share-trading platforms is a light-year leap i...
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We are in day four of our five-week global paper-trading challenge and moomoo users across the world are off to a roaring start!
We'll discuss the Australians in a little bit, but first, the current global leader is ... wait for it ... already making 531% return on their investment.
Not far behind is the second ranked challenger on the global leaderboard at 449% gains. Then there's a whole bank of runner ups making 300%-plus on the...
We'll discuss the Australians in a little bit, but first, the current global leader is ... wait for it ... already making 531% return on their investment.
Not far behind is the second ranked challenger on the global leaderboard at 449% gains. Then there's a whole bank of runner ups making 300%-plus on the...
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We're calling all Australian users to stand up and be counted as we take on the world (well, some of it) in a virtual trading competition.
National pride is one thing, there's also a total of US$200,000 in the prize pool for entrants to compete over.
Yesterday, moomoo launched its first global paper-trading competition. Users of the platform across Australia, Malaysia, Hong Kong, the United States, Japan, Singapore...
National pride is one thing, there's also a total of US$200,000 in the prize pool for entrants to compete over.
Yesterday, moomoo launched its first global paper-trading competition. Users of the platform across Australia, Malaysia, Hong Kong, the United States, Japan, Singapore...
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