Nordic Growth Market´s yearly trading competition Investor-DM is now over and Stefan Gewecke is the lucky winner of Investor-DM 2020 and named the most successful investor in Denmark. We had the chance to ask a few questions to the new champion.
Congratulations for being the most successful investor in Denmark and the winner of Investor-DM 2020! How does it feel?
Awesome, I’m so stoked to receive this title.
What was your winning recipe?
Since it has been a stock game with fictitious money and no risk, I invested with a high-risk profile. I found my trades after scalping the market with TA and after a solid first-place after 3 days I reduced my risk. It turned out to go really close in the end.
Which asset classes did you trade the most in the competition?
– Silver, Gold, DAX, Nasdaq 100
What were your expectations for this year’s competition?
My goal was top 10.
What experience do you have of trading?
I have stock picked for 3 years with swing trades and the last year I have increased my focus on day trading.
What are your three best learnings from this year’s competition?
1. Remember to look at the spread before buying
2. Set your stop-losses
3. Stay updated on the latest news
What tips do you have for succeeding in trading?
Focus and don’t copy trade, do your own analyses and know your risk before you enter the market
Do you have a role model when it comes to trading?
Yes, Tom Hougaard!
What was the most fun part about participating in Investor-DM 2020?
To see how many percent I was able to increase my account in a week.
Why should you participate in Investor-DM?
To learn the market and see how much you can increase an account in a week.