Time flies by, and we have already passed our SFX Contest halfway point! Sounds like a good time for another summary. In today’s analysis, we will check if some can repeat last week’s results and what they bought to win.
SFX Trading Contest: There’s still time to win big!
The SimpleFX Trading Contest kicked off on November 4th, but the action is far from over! With some time left, the current results show that anyone can grab their share of the prizes — the best is yet to come!
Compete for your slice of the $100,000 prize pool and 10,000 SFX Coins, perfect for cashback on our WebTrader platform. It’s all about achieving the highest ROI (Return on Investment) — the better your strategy, the bigger your win!
SimpleFX opens the door to endless possibilities. Explore cutting-edge crypto and AI stocks, dive into major forex pairs, or trade commodities, metals, and indices from across the globe. Actually, to be precise – we offer stocks from 6 different continents. The total number of symbols for trading today already exceeds 450.
So, whether you’re after high-potential growth or steady markets, we’ve got you covered.
Don’t wait — visit our contest page and start trading today!
Race to the victory: Ranking of the best
Do you remember last week’s list? As many as 6 results achieved a 3-digit weekly ROI, and the best result multiplied its capital by 6.16. Results below.
Winners of the week Nov 4 – 10.
Interestingly, if you thought the top 6 results could only reach 3 digits once, you were seriously wrong. Another week proves that some are still capable of achieving such returns.
So, what does it look like exactly?
Winners of the week Nov 11 – 17.
True,
the top six are different from the previous week, but the results ranging from 101% to 429% – you must admit – are impressive!
It is impossible not to notice that some participants appear on this list for the second time.
- The first one is mmantuani1304. Previously the winner (+516%), in the second week in 8th place (+80%).
- The second is playing.bulls.horns remaining in 4th place (+145% to 217%).
- The next and last one is snarkbtc – promotion from 7th place (+84%) to 5th (+140%).
What to buy to win?
There’s no point in kidding yourself – I think we’re all waiting for this paragraph the most. Let’s look at the winners’ portfolios without unnecessary introductions – what made them earn?
The winner’s portfolio consisted of only a few assets, among which the main currency pairs, gold (XAUUSD), and one company played a role. Interestingly, it also appears in the portfolio of one of the subsequent winners. Which one are we talking about?
A few hints.
- The company was established in 1989.
- It provides business intelligence, mobile and cloud-based services.
- On March 20, 2000, the stock price fell 62% in one day, losing $140 per share.
- It beat its ATH from March 2000 in November 2024.
It is also the largest proxy for the BTCUSD price, and the CEO is Michael Saylor. Yes, it’s Microstrategy. The MSTR.US offered terrific opportunities. Not only was it experiencing huge increases, but also presented opportunities for shorts when the BTC price was correcting, which our contestants took advantage of.
Compared to last week, crypto was the real star. It or MSTR appeared in 8 of the top 10 portfolios. But that’s not all. One contestant made all its 118 transactions… exclusively in Bitcoin. Well – as you can see, diversification is optional when you know what you are doing. For another one, trading the oldest cryptocurrency accounted for 80% of the movements.
Again, whether you are betting on a complex portfolio or have your favorite diamond trade, SimpleFX is the place for you. Find yourself among our rich offer and join the competition today!
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