7-tips-on-following-traders

7 tips for following traders on TradeHero

Besides the increase in information shared among users of social trading platforms, the biggest advantage for users of social trading platforms is the ability to follow another user and mimic the trades he makes.

On TradeHero, these users with followers are aptly named Heroes. They can help new and less experienced users learn the ropes by providing alerts and stock tips.

Using our proprietary ranking algorithm, the “Hero Quotient”, we are able to find the best Heroes based on a unique set of trading metrics.

Following the Heroes at the top of each leaderboards or the “Most Skilled” Heroes is by no means the easiest way to a profitable portfolio in the long run. Here are 7 tips to selecting your next Hero.

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Tip of the Week: Taking Risks

What is the definition of Risk? According to Dictionary.com(link here),

Risk

noun

  1. exposure to the chance of injury or loss
  2. Insurance
    1. the hazard or chance of loss
    2. the degree of probability of such loss

Risk is something that exists everywhere in our daily lives. Everything that we do involves risk. However, people still proceed on with what they want to do, even with the knowledge of risks involved.

Let’s take a mountain-climber for example. He is in full knowledge that by attempting to climb a mountain, risks such as falling over and losing balance may occur. Still, he chooses to continue on.
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TradeHero - Press Releases

TradeHero has secured US$10 Million funding!

Thank you for your support, we gladly appreciate it!! Do check out the press releases about TradeHero here:

TNW: Not just a game: stock market app TradeHero’s secret to standing out is value-added information

TechCrunch: Singapore App Maker MyHero Raises $10M Series A For Its Stock Market Trading Gamification App, TradeHero

Yahoo!Finance: Singapore Mobile App StartUp TradeHero Secures US$10 million in Funding from KPCB China and IPV Capital

ZDNet: Singapore mobile app startup gets $10M funding

PR Newswire: Singapore Mobile App StartUp TradeHero Secures US$10 million in Funding from KPCB China and IPV Capital

cnYes: 新加坡行動應用程式TradeHero的新創公司,向凱鵬華盈中國基金及盈富泰克創業投資公司籌得1,000萬美元資金

MK News(yes, international indeed!): 싱가포르의 모바일 앱 창업 TradeHero, 미화 1천만 달러 자금 조달

..and many more!

Do continue to lend us your valuable support! Thank you!

 

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Macquarie WarrantHero - August Winners Trade Analysis

Trader generates return of 140% and takes home monthly prize

Macquarie is pleased to announce the first monthly winners for the WarrantHero contest, with the leaders taking home cash prizes of up to $2,500 each. The winners of the Warrant Hero contest are decided based on returns generated in a simulated warrant trading environment mirroring the actual live market. Top monthly trader Mr Yau Teng Yan realised trading returns of more than 140 per cent in one of his warrants by taking a position in HSI puts as the markets fell. Runners up Rinson Keat and Aaron Bay were also bearish, profiting from jumps in put warrant prices over the past three weeks.

The top weekly traders from last week were also bearish, generating their returns by buying put warrants over regional indices and local banks. Global markets have been in decline over recent weeks as the US weighs its option over Syria and the future direction for Quantitative Easing (QE) remains uncertain.

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Macquarie WarrantHero - Week 1

We are pleased to announce the winners of Macquarie WarrantHero Week 1!


Based on the leader board and the “3 warrant position*” requirement, here are the list of winners for Week 1. *To qualify for prizes, users must have at least 3 open or closed positions in the competition participating period.

1. SILVERSURFER - S$500
2. KELVIN CHUI - S$300
3. HWEE - S$300
4. BERN VIVALA - S$100
5. DRAGNOR - S$100

For users who have missed out, you are still eligible for 2 more weekly prizes of $1,300 and a $5,000 prize pool for monthly prizes, so keep trading! Read More

Macquarie WarrantHero

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Hello TradeHero fans! We just launched a trading competition with real cash prizes today and things are about to get exciting!

Introducing our warrants trading competition for Macquarie Bank, Macquarie WarrantHero!

 

06---Macquarie-Leaderboards

A grand total of $30,000 is waiting to be won, with weekly prizes of $1,300 and monthly prizes of $5,000 as well.

TradeHero- News & Announcements

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Hello TradeHeroes!

As previously mentioned on our Facebook Page (link here), TradeHero is about to launch a Singapore-based trading competition in early August!(which is really soon!) So, why should you take part in this competition? Well, if you want to stand a chance at winning more than $30,000 worth of real cash prizes, then you should be a part of this competition! We kid you not, everyone stands an equal chance! Keep looking out for updates here and on our social media platforms, more exciting things are coming soon! Meanwhile, keep practicing and trading!

The competition is currently only based in Singapore, but fret not, we’re looking to offer it to several other countries in the near future!

It’s time to bring out your best trading skills!

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