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SG Forum for US Stock Paper Trading Competition
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[S2 W3 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points

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PaperTradingOfficial joined discussion · Aug 25, 2021 06:13
Dear moomooers
Thank you for joining us at the second season of the US Stock Paper Trading Competition held by moomoo. With all that has transpired over this week, we wanted to take a moment to share our gratitude for your participation and celebrate the incredible impact each of you had by competing and showing professional investment approaches during this event.
First, let's congratulates to ALL users for participating in our previous post. All of you receive 88 points for commenting in last weeks' post!
[S2 W3 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points
And Congratulations to @Mars Mooo for receiving 888 points as best performing industry is Casinos & Gambling!
Want to be lucky mooer to get maximum 888 points? Join now:
Make a guess of this week's Top Rising industry for the week and comment below in this post.
ie., the industry that takes the highest %Chg of this week by commenting in this post. We will choose 10 users who guess right of the highest %Chg industry and give out 888 points.

There are tips for you guys:
You may go to“Quotes”->"Markets"->"US" to see the highest %Chg industry for the day.

[S2 W3 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points

With given virtual cash, traders can build out the portfolio they always dreamed of, all experience levels investors were welcomed and top performers will be rewarded final prizes. Now let’s take a look at how did our leading participants perform in the previous week under the different market dynamic atmosphere.
Market Recap
Major U.S. stock averages rebounded Friday, but closed the week in red amid fears of the Federal Reserve pulling back its stimulus.
All three major stock indexes finished the week lower. The Dow dipped 1.1% this week, while the S&P 500 shed nearly 0.6% and the Nasdaq Composite moved 0.7% lower.
“With Fed tapering coming while delta variant keeps spreading, the transition away from liquidity/policy regime to more mid-cycle markets means we may experience a bumpier ride ahead,” Barclays equity strategists said in a note. “Market narrative may thus turn more cautious, as concerns about peaking growth rates, delta variant and policy mistake may prove headwinds, at a time when seasonality and technical are unfavorable.”
This week, WTI crude oil tumbled more than 9%, taking energy stocks with it. Diamondback Energy and Valero Energy sunk nearly 9.9% and 9.1%, respectively, on the week.
Minutes from the Fed’s July meeting released this week showed the central bank is willing to start reducing its monthly asset purchases this year. Investors sold equities and commodities this week and bought bonds on fears the move by the Fed may upend a global economy already under stress by the delta variant.
Stock of The Week
Last week, cyclical plays came into the spot as our participants’ appetite returns toward specialty retailor Petco Health& Wellness(WOOF). Petco Health and Wellness Company, Inc. operates as a retailer of premium pet consumables, supplies, and companion animals and services. The company also offers grooming, in-store and online training, tele-veterinarian, and pet health insurance services, as well as veterinary services through Vetco clinics. It also offers pet consumables, supplies, and services through its petco.com, petcoach.co, petinsurancequotes.com, and pupbox.com websites.
During the previous week, Petco has announced record revenue and earnings with 20 percent comp growth and 30 percent on a two-year basis. The company has also raised full year 2021 guidance on top and bottom line while appointing Brian LaRose as its new CFO.
Performance Tracking
[S2 W3 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points
NO.1
Serenaly achieved first place in the competition three week in a row with a total return of 45.63%. She would only need one more week to earn the prize for second seasons! Over the past three weeks, her investment strategy of investing in limited amount of stocks and stick with them has successfully generated a decent return. The favorite sector of this winner is Technology, whom invested most heavily in Blackberry- another meme stocks that’s favored by WSB investors.
[S2 W3 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points
NO.2
Our second place of the week goes to Hongliang Ang, who earned 32.32% total return so far. He adapted the same strategy as last week – invest in companies that suffer from a over-selling and wait for the rebound. Those rebound normally happen within one to two business day, which might the reason why he only holds his stocks normally for only one day. His favorite sector of this week is Basic Material, while his largest holding as of week 3 was Barrick Gold (GOLD).

[S2 W3 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points
NO.3
User 10775188 has finished the week as the third with a total return of 30.40%, surpassing his previous forth position in the first week. He is also the only leading participants in second season who could be classified as a day trader. Day traders are active traders who execute intraday strategies to seize profit from daily stock price movement. Although he doesn’t have any position at the moment, he prefers the cryptocurrency industry the most in the season.
[S2 W3 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points
NO.4
Our winner of the first season pcwSg has joined the competition again. He has achieved fourth place in the competition with one week of high-frequency trading. He and two other participants has won the competition in the previous season with high-frequency trading, proving the effectiveness of this technique. His favorite sector of this week is Finance, while his largest holding as of week 3 is WTM as usual.

[S2 W3 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points
NO.5
User 102075171 has finished the week as the fifth with a total return of 26.86, despite he hasn’t make much move this week. He obtained most of his revenue from previous IPO debut.
[S2 W3 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points

We look forward to your participation. Make your best guess today, COMMENT BELOW now and you could be one of our lucky winners!
Please take note:
1. Deadline: 27 August 2021, 6:00pm SGT.Be sure to comment before our deadline, drop your comments in the comments section below now!
2. Participants can submit multiple entries, but the latest comment will be considered as the final submission.
3. Each participants will be granted a 88 points reward by commenting your answer below. And there will be maximum 5 mooers who will receive 888 points for guessing right. If there is more than 5 mooers guessing right, we will take the 5 mooers who guess earlier in to account.
4. The highest %Chg industry will be determined at the last trading day of the this week after market close.
5. Each participant is only allowed to win one prize across all the qualifying periods during the competition.This is separate from “Guess the highest Total P/L”.
6. Ourdecision on the winner(s) and the prize are final and no correspondence may be entertained.
7. Substitution of gifts by the winner will not be entertained. We reserve all rights to end the Contest or amend the rules of the Contest at any time without prior notice.
8. No prize transfer, assignment, or substitution by winners is permitted. If the prize is unavailable for any reason whatsoever, we reserve the right to substitute the original prize with an alternative prize with similar monetary value.
9. Participants are required to have a Singapore residential address to qualify for this giveaway.

If you have any questions or feedback, simply comment below or @ us! Don't forget to follow our official account @PaperTradingOfficial, where you can learn everything there is to know about Paper Trading.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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PaperTradingOfficial
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