[US Stock Paper Trading Comepetition Spotlight]TOP5 Traders receive Gifts!

Thank you so much for participating in the first season of the US Stock Paper Trading Competition held by moomoo.

Here we are excited to annouce ourTOP5 tradersof last week!

We will send the gift to your send within 7 business days after you provided all the informations.

Wanna be next mooer to receive gifts?

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Now let's take a look at how did our leading participants perform in the previous week under the different market dynamic atmosphere.

During the first week of July, major U.S. stock benchmarks booked a third straight week of gains to endthe previousFriday at all-time highs, staging a recovery from the previous session that was marked by doubts about global economic growth in the public health crisis.

NEGG came into the spotlight play for all of our participants ranking from 1st to 5th. Shares of the computer reseller Newegg rallied sharply 143.18% in the past week pushed by individual investors despite having virtually zero r/WallStreetBets mention on Reddit. In the shadow of Reddit's r/WallStreetBets, Discord channels have quietly become the new individual investors' chatroom. The platform has also made it easier for investors to pump penny stocks, which brings momentum to Newegg's share price over the past week.

Our winner of the week achieved a 72.9% of total P/L in a single week with the highest frequency of 22.5 trades daily average in the past week. Day trading involves high investment risks but the undertaking risks also lead to a potentially greater return. Such mindset only subjected to a veteran trader that could seize a better risk&reward entry with a great tolerance level over the exposure. The favorite sector of our winner of the week is technology. Our winner invested most heavily in Apple in his portfolio.

Wzhoa achieved second place in the first week with a 53.93% of total P/L with an also high frequency of 15.25 daily trades in the past week, despite only 40.3% of the capital was used. The favorite sector of our second-place winner of the week is technology. His largest holding as of week 1 was FUBO.

Stevensky achieved third place in the first week with a 38.2% of total P/L. Utilizing more than 80% of the capital with the lowest frequency of only 4 transactions, Stevensky made his investment decision much more cautious comparing to the rest of the winners. The favorite sector of our third-place winner of the week is consumer cyclical. His largest holding as of week 1 was NEGG.

Babytart achieved fourth place in the first week with a 36.2% of total P/L which put pressure on Stevensky with a difference of only 2%. This participant utilized 77.6% of total capital with 18 transactions. His favorite sector of our third-place winner of the week is also consumer cyclical. His largest holding as of week 1 was the Chinese collegemate Alibaba Group.

User 102517299 achieved fifth place in the first week with a 35.45% of total P/L. This participant utilized 99.8% of total capital which would cause difficulty in portfolio adjustment. Sharing a similar investment preference with the third-place winner, his favorite sector of our fifth-place winner of the week is also consumer cyclical. His largest holding as of week 1 was Newegg Commerce, Inc.

The ongoing stock trading competition is yet to announce the final winner, while mooers within the app still have a chance to win our prize for the season. The registration for the competition will remain open until July 20, 2021.

Let us know if you have any questions or feedback by commenting below or @me! We are here for you, as always.