The first week of October has been a wild ride for the markets. Some traders made big gains, while others took a hit. Now it’s time to share you trade!
During the first week of October, Chinese assets were in high demand, with Hong Kong stocks leading the global rally. The $HSI(HSI)$ surged 10%, and the Hang Seng Index jumped 7.6%. ETFs were also on fire, with the $Direxion Daily FTSE China Bull 3X Shares(YINN)$ gaining 58%, $ProShares Ultra FTSE China 50(XPP)$ jumping 36%, and $X-trackers Harvest CSI 300 China A-Shares Fund(ASHR)$ rising over 20%.
Chinese ADRs followed suit, with $Alibaba(BABA)$ , $PDD Holdings Inc(PDD)$ , and $JD.com(JD)$ all up over 10%, and $KE Holdings Inc.(BEKE)$ soaring more than 20%. The biggest winner was $Tiger Brokers(TIGR)$ skyrocketing 170%.
Meanwhile, Hong Kong stocks reversed today, with the Hang Seng Index plunging 9.41%, the Hang Seng China Enterprises Index falling 10.17%, and the Hang Seng Tech Index tumbling 12.82%. Before the market opened, Chinese stocks listed on U.S. exchanges also declined.
How Did Your Portfolio Perform in the First Week of October? I would like to invite you to share your trade in the comments section.
How to Participate:
Leave a message in the comments section of this post, and share your stock holdings.
How to share positions?
Sharing positions is easy. From your account holdings interface “trade”, then you can click "Share" by each of your stock holdings to share with the community how much money you have made (or lost) on your investments.
Do not forget to take a screenshot of your positions and post them in the comment sections below.
There are tons of coins waiting for you !
🎁 Reward Details
All participants will receive 5 Tiger Coins. Additionally, there are chances to win the following rewards:
🍀 Lucky Trader: We will select the most interactive, insightful, or highly liked comment to receive a USD 5 stock voucher.
👑 Profit King : One trader with the highest profit will receive a USD 5 stock voucher.
⏰ Events Duration
From 8 October 2024 to 15 October 2024
Please leave a message in the comments section of this post . Make sure you include a screenshot of your position as well.$Tiger Brokers(TIGR)$
Comments
🌟🌟🌟There is never a dull moment when it comes to investing! Following a better than expected September, my portfolio shone brightly in the first week of October. This was due to the record breaking Chinese stocks rally after the blitz of stimulus packages by the Chinese authorities.
My best performing stock is none other than my favourite broker $Tiger Brokers(TIGR)$ I bought TIGR in early September as I was impressed with its excellent Q2 24 earnings report.
TIGR achieved a record high quarterly revenue of USD 87.4 million, a year over year increase of 32.4%. The company added 60,600 new global account holders, an increase of 17% compared to previous year quarter.
Being a regular user and an investor of TIGR, gives me an added insight as I know first hand its customer centric focus and continued innovation of adding new products.
Even though there have been some healthy pullback this week, I believe that$Tiger Brokers(TIGR)$ is a great stock to buy and hold long term.
As the late great Charlie Munger likes to say "The Big Money is not in the Buying and Selling but in the Waiting".
With patience and time in the market, I believe that Tiger Brokers has all the core fundamentals to be a Multi bagger in the future.
@TigerEvents @TigerStars @Tiger_comments
@rL @koolgal @LMSunshine @Shyon @Aqa @HelenJanet @GoodLife99 @Universe宇宙 @SPACE ROCKET @TigerGPT
How Did Your Portfolio Perform in the First Week of October? I would like to invite you to share your trade in the comments section.
All participants will receive 5 Tiger Coins.
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