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        Mooers' Stories| Lessons from a decade of experience and Canada paper trading competition @Yugi

        "I got started in 2013..."
        "You can make more money on the next one..."
        "Community. I like to see people's ideas as a fun refresher..."
        "...you could follow people and then check to start a conversation..."
        Hi, mooers. Welcome back to Mooers' Stories, where we present mooers' insights and experiences. Today, we are excited to have @Yugi, who ranked in the Top 5 of the Canada Moomoo Paper Trading competition, to share his trading stories with us. Moreover, with moomoo now officially launched in Canada, you may be interested in discovering how Canadian traders came across moomoo and their trading journeys. Let's start by hearing what @Yugi has to say. Smart
        Mooers' Stories| Lessons from a decade of experience and Canada paper trading competition @Yugi
        Notes: All information comes from the interviewee and is published with the interviewee's consent. The testimonial provided herein may not represent other customers' experience, and does not guarantee future performance or success.
        All contents, such as comments and links posted or shared by users of the community are the opinion of the respective authors only and do not reflect the opinions, views, or positions of Moomoo Financial Inc., Moomoo Technologies, any affiliates, or any employees of MFI, MTI or its affiliates. Please consult with a qualified financial professional for your personal financial planning and tax situations.
        Moomoo may share or provide links to third-party content. Doing so is intended to provide additional perspective and should not be construed as an endorsement or recommendation of any chat room, channel, services, products, guidance, individuals, or points of view.
        📝 Trading Story: You can do better on the next one. Press that sell button and just never look at it again. Take it off my watchlist and never look at it again for a while.
        🏆 Starting Point
        🔍What inspired you to start trading, and when did you begin?
        I got started in 2013 when I turned 19. But then, I didn't get into active trading until someone introduced me to investing in general. And then it just took me like 2 years, to save up some money, and join the world of trading.
        The reason for my start was quite simple. The manager at Home Depot talked about penny stocks a lot, which sounded interesting, and I thought, "yo, I want to be this guy."
        🔍What categories do you typically invest in or trade?
        Stocks and crypto, with a 50-50 split between them. But I'm crazy about crypto. I have invested in stocks for around 10 years and BTC for 6 years.
        🔍What major challenge have you encountered, and how did you manage it?
        One of the most significant challenges I faced was handling large losses. "How did you get into this mess? Why don't you have a stop loss? Should I keep holding?" You start thinking like these thoughts, and you don't know what to do. And you almost forget your original plan.
        The solution is to get out of that trade. You can make more money on the next one. Press that sell button and just never look at it again. Take it off my watchlist and never look at it again for a while.
        🏆 First Impression
        🔍How did you get to know moomoo?
        I saw an ad (maybe on Twitter) about trading competition. And I had heard about moomoo before as moomoo sponsored YouTubers and it's commission-free in the state.
        🔍What motivated you to join moomoo?
        Moomoo might be the first American company to enter Canada. Canadians never get those types of apps like American companies coming over here. And then, when I saw the moomoo app for trading competition for Canadians in Ontario, I was like: "What?! no way!" So I really knew about it. So then I just signed up, and then I was like, this is real. And then I realize you guys are coming to Canada." And then I played with it, and then I was like: this app is kind of crazy. You can look at crypto stocks, like all that stuff. Everything is in one.
        🏆 Preferred Features
        🔍Can you describe some of your favorite features on moomoo?
        · Heat Map. The heat map area, with all that information in it, is just a summary of each industry or index. It is super valuable because if I could see visually everything that's going on. I know I should be trading in this industry.
        · Notifications. I'm getting notifications all the time, and it's good to keep up to date with that. So then, you can make your trading move in real time. It's pretty amazing on just the detail on the features."
        · Community. I like to see people's ideas as a fun refresher.
        · Chat. In Canada, at least for anything trading and chatting, it's unheard of. There are separate apps for that.
        · PaperTrade. With this feature, I could tell those newcomers, "Hey, like you don't need to put cash and see what you can do with them. You guys have million-dollar accounts, but you can go down to low, like 10K or whatever, see what you can do, and then they can go on from there."
        🏆 Community Insights
        🔍How can one engage in the moomoo community?
        A good way is to earn rewards. I found you can earn rewards when you join a community, follow a post, read a post, or just do those little things. I just like, oh, do you guys have a chat? Oh, there are real people on this. Let's see what they're thinking. And then I realize, oh, you could follow people, and then you can check start a conversation.
        Notes: Cash rewards represent the value of a potential credit to your brokerage account and can only be redeemed on the moomoo app and be used to buy equities (like stocks, ETFs, etc.).
        📈 Make your choice
        Our heartfelt thanks go to @Yugi for sharing his insightful and motivational experience with us!
        Is there anything else you'd like to ask @Yugi or discuss with him? Feel free to leave a comment below. @Yugi will be delighted to chat with you.
        See you next time!
        Disclaimer:
        This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content
        Moomoo is a financial information and trading app offered by Moomoo Technologies Inc.
        In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).
        In Canada, order-execution only services available through the moomoo app are provided by Moomoo Financial Canada Inc., regulated by the Canadian Investment Regulatory Organization (CIRO). Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd and Moomoo Financial Canada Inc. Are affiliated companies.
        In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS).Moomoo Financial Singapore Pte. Ltd. is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore.
        In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our website https://www.moomoo.com/au. Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.
        Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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