So far global trade competition was the great learning experience for me. A chance to ein some rewards doesn’t hurt either. I highly recommend it to all beginner traders who want to test the murky waters of the global stock market.

Tough day: there’s been a sell-off; all categories of US stocks fell except for small-cap value; and for international stocks it was particularly brutal. I ended up this day in green due to a dumb beginner’s luck - I made a few contrarian bets, plus some intraday trading of WVO.
Lesson learned today: if one buys a short-term position, one has to monitor intraday dynamic closely. I foolishly made a few purchases today when ETFs were at intraday highest.

In a week-long trading competition taking place when the market is at an all-time high and Q3 earnings season is in progress, there are several challenges a newbie like me faces. I see this as great learning opportunity.

I spent most of the day playing with moomoo trading sytem, trying to understand how things work. As image below shows, I finished in red but in my opinion it was a useful excercise anyway. I was trying to do some light opportunistic trading following ups and downs of the ETF. The biggest obstacle I faced is the opaque structure of moomoo paper traibs fees. At this point I don’t fully understand whether particular transaction is going to be net positive after stock selling fee is...