Mooers' Stories | Champion of Paper Trading Competition, Learner in the Real Life: A Bittersweet First Trade with 15% Gain and 1000% Missed
Hi, mooers. Welcome back to Mooers' Stories, where we unveil our community members' unique paths in their investment journeys. Today, we're featuring @Bursa Operator, whose meticulous analysis of Malaysian stocks has not only deepened his market insight but also secured him the top spot in the Malaysian Stocks Paper Trading Competition, a journey as educational as it is inspiring. Eager to discover the insights and tactics behind his achievement? Let's delve further into his methods and learn from his experiences!![]()
📚 Brief introduction: @Bursa Operatorhas been active in stock trading since 2019, with an early, regrettable decision to sell Greatech shares a week after purchase for a 15% gain, missing out on a subsequent 1,000% increase.
🔍 What are your hobbies?
My off-work time is spent on reading chart analysis, trading, playing football (I have been a proud Liverpool supporter for 18 years), gaming, hiking, and learning the Japanese language.
🔍 How long have you been involved in stock trading or investing?
About 4 years since 2019. The first stock I bought was Greatech on its IPO launch day in the market. Regret to say, I sold it a week later for about 15% gains only when it's now worth 1,000% more!
🔍 What initially sparked your interest in the stock market and investing?
To diversify my income stream. Entrepreneurship is not in me, and working for a company with a steady monthly salary isn't going to achieve my financial target in life. Hence, trading & investing in the stock market is one of the options.
📈 Investing Journey: @Bursa Operator engages in value investing and swing trading in the KLSE market, follows a 1:3 risk-reward ratio strategy, and achieved notable success with his best trades in FBMKLCI-CIM and IWCITY.
🔍 How would you describe your investing style?
Value investing and swing trading. I'm mainly only on the KLSE market, and there are only a limited number of undervalued companies with fundamentals & scalable business. Usually, these are in the tech business.
🔍 What are your long-term goals for investing?
The goal is to be aggressive and value investing early to build up a decent portfolio value. When in my mid-40s, the investment plan will be more conservative – setting aside for stable & consistent dividend payouts companies to ensure retirement later is secured with fewer worries.
🔍 Are there any impressive cases you can share? Like your best trade ever?
The best trade was on the FBMKLCI-CIM warrant in July 2023.
The index breakout after a double bottom pattern at 1400 point before retracing for 2 days. I made my entry at RM 0.03 in the afternoon and intended to swing for a month. However, within a week, it reached my index target at 1438 points and took a profit of RM 0.07 (+133.33%).
The other good trade made was the IWCITY in Aug 2023.
Spotted a morning star setup and entered. Initially intended to sell after a month as I was going off for a vacation, but within a week, it had already spiked up due to news. I sold it at a profit of 53% - beyond my profit-taking point as I wasn’t aware it had already reached as I wasn’t checking the market during vacation.
🔍 Do you have interests or investments in areas outside of stocks, such as real estate, cryptocurrencies, or commodities?
I have a property invested, yielding monthly rentals which provide a stable stream of income. Cryptocurrencies can really yield great gains (or losses) due to their fluctuations, but, personally, it’s too speculative to be considered for investment. I intend to invest in commodities in the future.
🔍 How do you balance trading or investing with your daily life, work, and other commitments?
As I’m focused on work, I rarely do intraday trading. I catch up on market news in the morning, review charts after work, and set up my trading plan the next day. Probably only 30 – 40 minutes a day. If there’s any significant market movement during the day, a couple of my friends would have alerted me to check.
💰 Paper trading competition experience: Employing a strategy focused on high-volume stocks and leveraging his understanding of market dynamics and technical tools for consistent gains.
🔍 How did you get started in stock trading, and what led you to join the Moomoo paper trading competition?
I saw an article promoting the moomoo US paper trading competition and decided to try it out since my experience was only limited to trading the Malaysian market. Didn't perform well on that as I aimed for the top 3 and went for high-volatility stocks to catch up since there were only 2 weeks before the competition ended. I also didn't realize there was a Malaysia paper trading competition until it started 2 days later.
🔍 How did you decide on which stocks to invest in and when to make your moves?
Trade stocks that are on an uptrend or consolidating sideways with volume. Don't attempt to catch a falling knife like PERTAMA unless you're an expert at bottom fishing.
🔍 What were the most challenging moments during the competition, and how did you navigate them?
Firstly, the time consumed to monitor the market.
As the rules were limited to trading min. RM 0.05 stocks and no limit on daily transactions. I need to keep an eye on ultra penny stocks like CSH, Fitters, Classita, etc., to maximize the gains if they are actively traded. It was very time-consuming and defeated the purpose of paper trading, so, I'm glad the current competition rules have changed for good reasons.
Secondly, the last 2 weeks of the competition were difficult as it was the earnings reporting season.
There were huge price movements everywhere so, it took extra time to track through the changes. Several small-cap companies were even hitting Limit Up (30% gains or RM 0.30 gain in a day).
🔍 How did your previous trading experiences (if any) help you in this competition?
With about 1,000 Malaysia stocks in the market, I’m familiar with at least 50% of them on what these companies do, which industries they’re in, and their price movement history. Trading small & medium cap companies would be better for this competition.
🔍 Were there any specific indicators or tools that you relied on heavily during the competition?
Only volume and price action for the 1st competition. For the current competition, on top volume and price action, I use EMA 9 & EMA 34 to determine stocks on an uptrend and for swing trading.
🔍 What key lessons or insights have you taken away from this competition that you think could benefit other traders?
🔍 How do you think paper trading competitions differ from real-world trading, and how has this competition prepared you for real investments?
There’s market depth to consider in real-world trading. You would not necessarily be able to buy and sell at the exact price you want. Besides, this competition has helped me understand some stock price movements that I’d never traded previously.
🪐About moomoo
🔍 How did you get to know the moomoo platform?
Through my friends in Singapore who are using it.
🔍 How was your experience using the moomoo platform?
It was great! There are lots of features that moomoo has that are not available with my current brokerage company. I like that the app allows me to glance through major market indexes, commodities, and forex, which gives me an idea of the global market direction.
🔍 Is there any feedback or suggestions you'd like to share to improve the moomoo platform further?
I hope moomoo launches for the Malaysian market soon!
🎁 Interactive Activity
Make your choice
2. Spark meaningful conversations
Topic: Curious about @Bursa Operator's investing journey or have topics you're eager to explore with him? Drop your questions in the comments for an engaging discussion.
Bonus:
Activity Period: Through Jan. 30, 11:59 PM MYT.
(Rewards will be distributed within 5–10 working days after the activity ends.)
Notes: We encourage benign and in-depth interaction, from which all mooers can learn from each other, helping our community members be more courageous and not alone in the investing journey.
We truly appreciate @Bursa Operator for sharing his inspiring experience with us! Feel free to interact with him if you have anything to say!
Just in case you didn't know, you can also be the one to tell the story! There is also a chance for your story to get more exposure to multi-channel media. Interested? Comment below to let us know!
Thanks for your time. See you next time!
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Bonus:
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Syuee : Thank you, Bursa Operator, for inspiring us with your story. I agree that property monthly rental yield is a great source of passive income. Essentially, you're making money while you sleep!
My question is: How do you aim to diversify your portfolio with commodities in the future?
Bursa Operator Syuee: Hello Syuee,
I'll start off by emphasizing I've not traded commodities before, but will be doing so in the future as an investment as I'd like to self-learn how it works.
In the past 4 years, I've observed commodities are largely driven by development around the world. Keeping up on global news and analyzing its chain of reactions would be a good start. Some examples:
1. Right about when the world was recovering from Covid, there was a shortage of steel due to manufacturers were closed, and a boom in demand for development. In particular, property development in China was rampant causing a short supply of steel which in turn tripled-quadrupled its price. Fast forward to today, demand and prices for steel have plummeted with many developments (in China) cancelled.
2. Russia invasion of Ukraine caused the price of wheat to shoot up by about 20% as both countries are one of the largest wheat exporters in the world. The high price sustained for half a year before other countries increased their supplies to cater to the global shortages. The same can be said for oil, but I wouldn't discuss much as OPEC has shown multiple times over the past year, it will dictate its supplies to control market price.
3. Similarly, extreme weather climate has affected cocoa output in Africa since last year, and palm oil harvest in Malaysia & Indonesia in 2021.
Looking ahead for the year, prices for metals such as gold & silver should remain elevated for reasons like decreased in US dollar value due to Fed rate cut, stagflation, ongoing wars, and China economic downturn. The golden question to ponder is, with all these happening in the world, can one anticipate and invest ahead? If I knew, I'd have been at Seychelles basking under the sun enjoying the open sea view by now.
Stay updated with global happenings.
look like a movie Bursa Operator:
Syuee Bursa Operator: Superb! You have clearly done your research and have a good grasp of the factors that influence the supply and demand of different commodities. Yes, staying abreast of global happenings is key for making smarter investing choices. I hope you achieve your goals and enjoy the beautiful Seychelles view someday soon.
Jessica Woo :
LCWEE :
NBCNBC : abc
Meme_Short_Queen : do you make trading plans and how do you control your emotions to not to sway your trading decisions?
54088 FROM MBS : 54088
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