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First Global Innovation Investment Leadership Summit Challenge Contestant Interview

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First Global Innovation Investment Leadership Summit Challenge Contestant Interview

February 28
22:00 2024

For every contestant, winning the first place in the First Global Innovation Investment Leadership Summit Challenge is a dream. The event is hosted by Fidelity Investment Group, one of the world’s top-ranked fund companies, and is recognized as the most prestigious competition in the field of financial investment.

This competition is ideal for analysts interested in financial trading, investment, and economics. It serves as a powerful collaboration with top-ranked private equity groups worldwide. According to official data, the First Global Innovation Investment Leadership Summit Challenge has attracted over 10,000 traders from more than 20 countries.

Q: Why did you choose to participate in the investment competition?

Contestant Aditya: Initially, my institution recommended this competition based on my background. After learning more, I found that the competition’s focus aligns well with my expertise, especially in the areas of stock, forex, and fund asset investment analysis, which allows me to delve deeper into investment market research. It is well-known that this competition is the most prestigious.

Contestant Vikram Chatterjee: Most investment competitions focus on trading profits, but my strength lies in researching and predicting economic cycles, analyzing investment policies and interest rate trends, and interpreting international economic relations and stock, forex markets. Hence, I participated in this inaugural challenge.

Q: Can you explain some investment knowledge?

Contestant Vikram Chatterjee: In investment trading, understanding how to correctly exit at the peak is a crucial concept. Many investors fail due to a lack of mastery in this technique. It is important to be patient during a downward trend and to invest at the safest low points, a strategy we refer to as “not bottom-fishing.” This approach may not seem to buy at the lowest point, but often results in a lower cost than others, ultimately leading to higher profits. A key issue is to accurately identify the start of an upward trend, which is the best time to buy.

Understanding the deep meaning of “not bottom-fishing” helps to comprehend “not top-fleeing.” It’s not about being unwilling to take profits, but about maximizing them. Many investors are trapped in this mindset.

To overcome this, using the “not top-fleeing” method solves the problem. It’s simple: let the upward trend fully unfold. Various methods can be used to predict the market’s peak, but these should not dictate when to exit. If the market reaches your predicted peak without showing signs of ending the rise, respect the market trend and continue to hold until a top pattern appears.

Typically, when a top forms and a subsequent rise does not surpass the previous peak, it is time to exit. “Not top-fleeing” doesn’t mean we never exit at the top; we avoid fleeing at the first peak, as it may not be the true peak. Usually, the second peak is comparable to the first, allowing us to sell at the highest point, maximizing profits.

Q: How do U.S. non-farm payroll data releases affect the investment market?

Contestant Kim Shengxian: U.S. non-farm payroll data is a spotlight economic indicator. While other indicators have gained more attention at times, U.S. non-farm data remains a focus due to its significant market volatility before and after release, often forming subsequent trends.

Q: What are the categories of products in the investment market?

Contestant Aditya: The global investment market, driven by international trade, includes stocks, forex, futures, cryptocurrencies, funds, and options. These areas represent the largest financial trading markets worldwide. As our investment market continues to open and improve, these products become increasingly favored. It is challenging to survive and grow in the increasingly regulated investment market without knowledge of investment.

That concludes today’s interview. Thank you to both contestants for their enthusiastic sharing.

Registration for the First Global Innovation Investment Leadership Summit Challenge, which began on September 1, 2023, is now open globally. We welcome inquiries about the event details and invite you to join us in winning this prestigious competition.

Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

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