Leaderboard: Who won the SG TOP3 in the Global Paper Trading Challenge in Week 3?

Moomoo SG 參與了話題 · 11/04 19:59

Despite recent market fluctuations, an impressive 59% of mooers outperformed the Nasdaq! Just last week, 1516 mooers achieved positive return rewards. We are thrilled to announce the latest updates on the leaderboard, showcasing the current standings of our participants.

Congratulations to the TOP3 mooers who topped the leaderboard!

Leaderboard: Who won the SG TOP3 in the Global Paper Trading Challenge in Week 3?

*Data as of 2 Nov 2024, 5 PM (SGT)

*Tap here to review the reward rules.

*The rewards will be issued on 4 Nov 2024. Please contact our customer service for more details.

[TOP3 Trading Highlights]

Among this week's TOP 3 winners, there are even participants making their debut in the paper trade. What led to their impressive success in their first competition? We discovered the following characteristics in their strategies:

1. Small-Cap but High-Growth: The selected stocks generally belong to small-cap, high-growth companies that are often in the innovation phase. While they tend to be more volatile, if their performance meets expectations, they can deliver returns significantly above the average market yield. This trait is particularly appealing to investors seeking high returns in a turbulent market environment.

2. Policy-Driven Potential Benefits: Many stocks this week (e.g. $Vast Renewables (VSTE.US)$, $Theriva Biologics (TOVX.US)$) belong to sectors supported by policy or gaining market attention, such as renewable energy and biotechnology. These investment themes align with global trends and offer significant growth potential, prompting investors to accept higher risks for the rewards associated with favorable policies.

[SG Top 10 stocks by number of trades in the 3rd week of the paper trading challenge]

This week, the top 10 trading stocks continue to focus on high-growth technology sectors. Influenced by Q3 earnings season, stocks of companies with strong performance (especially $Tesla (TSLA.US)$) and market buzz (such as $Trump Media & Technology (DJT.US)$) remain highly sought after.

Missed the top spots this week? No worries, here are a few tips to help you aim higher next week:

1. November's Must-See Financial Events

Looking ahead to November, the stock market is set to see a lot of ups and downs. Important events coming up include the jobs report, the U.S. elections, the Federal Reserve's decision on interest rates, the Consumer Price Index (CPI) report, and earnings announcements from big tech companies.

2. Join moomoo sessions

If you’re still unsure about picking the right assets, moomoo has you covered! Join our educational sessions and get some practical insights.

For Q3 earnings season, click the following links to explore the latest insights for popular U.S. Stocks Earnings Reports!

APPL: Four Focal Points of Apple's Earnings Report

META: A Peek into Meta's Earnings: Cyclical Advertising Revenue and Loss Changes in Metaverse

AMZN: Inside Amazon's earnings: three essential areas that should not be overlooked

Click here to view more

We sincerely thank all participants, including those not yet on the leaderboard. Your enthusiasm and effort are greatly appreciated. Stay motivated, and continue striving as the competition progresses—there are still many opportunities ahead!

Stay tuned for exciting upcoming events and new opportunities to enhance your trading skills. Here’s to a prosperous 2024, filled with continuous learning and collaborative endeavors within our community!

Let’s work together to hit those top ranks!

Can't wait? Click here to join the challenge👇