Top Trader June Trading Summary

Never expected that in early June, I joined moomoo Canada’s Top Trader trading competition. Throughout June, I maintained excellent trading timing, steadily climbing step by step to ultimately secure first place—an honor that leaves me both humbled and nervous. Since today is Canada Day and I’m taking a break, I’ll briefly summarize my June trades.

1️⃣ Trading Indicators

My primary trading indicators currently are EMA moving averages—specifically the 20-, 60-, and 120-period EMAs—to assess basic trend direction across short-, medium-, and long-term timeframes.

I then combine MACD, RSI, and volume indicators to gauge momentum and determine entry points for going long or short when market direction shifts.

Identifying trend direction is fundamental, and this also incorporates my market intuition developed over years of trading. Therefore, everyone should select suitable indicators or strategies based on their own circumstances.

2️⃣ Shorting QQQ Laid the Foundation

On June 3 and June 4—the early days of the competition—I shorted QQQ using options and ETFs. Fortunately, I exited profitably during the sharp declines on June 5 and June 9, establishing a solid initial foundation in the contest.

After completing this trade, I remained within the top 10 of the leaderboard.

3️⃣ Short IBIT again after a one-week break

I had solid gains in the first week, so from the 10th to the 15th, I was mostly flat, fully aware that no windfall profit is sustainable. Taking time off to rest and reflect is an essential part of trading.

During this break, my ranking didn’t change much, hovering roughly between 6th and 10th place.

From the 18th to the 23rd, I gradually built up short positions in IBIT again, still using a combination of options and ETFs to short. I initially expected a clear downtrend this time, but the subsequent decline wasn’t smooth. Based on my own experience and technical indicators, I ultimately closed my short positions for profit at the low on the 25th.

After closing this short position, my returns ranking moved into the Top 3.

4️⃣ Increased long exposure to IBIT toward month-end

After closing my short position on the 25th, I began gradually adding long positions in IBIT starting on the 26th. A bounce on one daily chart pushed my returns ranking to No. 1. My returns dipped slightly yesterday, but I’m still holding the top spot overall. The reason for the dip is clear: I was overly aggressive buying the dip on the left side and didn’t manage my account drawdown well.

5️⃣ Summary

Overall, my market calls based on personal experience were largely accurate—that’s why I was right and made money.

Secondly, I validated my views using options plus leveraged ETFs. The high leverage and flexibility of options significantly boosted my returns and helped lift my ranking. I’d also like to thank the moomoo platform—their options functionality is excellent.

However, once leverage trading is used, it places very high demands on a trader’s market judgment, position management, and psychological discipline.

Therefore, if you are not an experienced trader, please do not casually trade with leveraged products, please do not casually trade with leveraged products, please do not casually trade with leveraged products.

Finally, I wish everyone success in applying their own trading strategies and achieving the returns they desire in July’s upcoming trades.

Happy Canada Day 🇨🇦

@Moomoo CA

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