Core Insights - Moomoo's second Global Paper Trading Competition has garnered over 150,000 participants within two days of its launch, indicating strong global interest in the event [1][2] Competition Overview - The competition, powered by Nasdaq TotalView®, allows participants to trade with virtual money and compete for a total of $200,000 in cash rewards [2] - Participants can engage in paper trading of U.S. stocks, ETFs, and options using a virtual fund of $100,000 over a six-week period [5] - The competition includes pre-market, intraday, and post-market trading hours, enhancing the trading experience [5] Features and Tools - Moomoo has integrated its AI assistant, Moomoo AI, into the competition to provide participants with market insights and support [5] - Participants will earn Moomoo Tokens by completing tasks, which can be redeemed for cash prizes at the end of the competition [6] Rewards and Recognition - The top three global participants will receive cash rewards of $10,000, $3,000, and $1,000 respectively [7] - Regional champions will be recognized across various markets, including the U.S., Canada, Australia, and others [8] - Outstanding participants may also be featured in a final celebration video on the Nasdaq Tower [9] Educational Aspects - The competition aims to enhance financial literacy and trading skills among participants, with 18% of last year's participants having over 10 years of trading experience [10] - Moomoo has added options trading and more educational tools to support users in improving their trading abilities [11] Company Background - Moomoo is a global investment and trading platform that provides user-friendly tools and insights to empower investors [12] - The company has expanded its presence to multiple markets and is trusted by over 27 million investors worldwide [13]

Core Insights - Moomoo's second Global Paper Trading Competition has garnered over 150,000 participants within two days of its launch, indicating strong global interest in the event [1][2] Competition Overview - The competition, powered by Nasdaq TotalView®, allows participants to trade with virtual money and compete for a total of $200,000 in cash rewards [2] - It started on October 12, 2025, and reached 100,000 participants within the first 24 hours [2] - Participants will trade U.S. stocks, ETFs, and options using a $100,000 virtual fund over a six-week period [5] Features and Tools - Moomoo is integrating its AI assistant, Moomoo AI, into the competition to provide real-time assistance and insights [5] - Participants can earn Moomoo Tokens by completing tasks, which can be redeemed for cash prizes [6] Rewards and Recognition - The top three global participants will receive cash rewards of $10,000, $3,000, and $1,000 respectively [7] - Regional champions will be recognized across various markets, including the U.S., Canada, Australia, and others [8] - Selected participants may also be featured in a final celebration video on the Nasdaq Tower [9] Educational Aspects - The competition aims to enhance financial literacy and trading skills among participants, with a focus on both beginners and experienced traders [10][11] - Moomoo has added options trading and more educational tools to support users in improving their trading abilities [11]

Trading Strategy & Education - The trading industry emphasizes building capital through employment while learning trading fundamentals [1] - The industry suggests practicing with paper money to avoid risking real capital before a proven system is in place [2] - Investing in trading education, including books like "Fibonacci Applications and Strategies for Traders" and "Trading in the Zone," is crucial for advancement [2] - The industry recommends mastering one trading strategy at a time rather than attempting to learn everything simultaneously [3] - Utilizing tools like TradingView's bar replay feature can accelerate the practice of finding and executing strategies [3] Risk Management & Capital Allocation - Statistically proving a consistent and profitable trading model is essential before deploying saved capital [4] - The industry advises applying capital in small amounts initially to test the system before scaling up [4] - Avoiding unnecessary losses by not risking significant capital without a proven strategy is a key focus [4]