What is Annual Long Short Contest?
It’s free to join, and takes 30 seconds to enter: just pick one stock to go long and one to short. At year’s end, the highest combined return wins. I’m giving a cash prize to the winner and making a donation to a charity of their choice.
Problem
Users interested in stock picking and investing often rely on costly investment platforms or advice. Costly investment platforms or advice can deter entry or limit participation, especially for beginners or casual investors.
Solution
Free stock picking contest that allows users to participate easily. Users can enter by selecting one stock to go long and one to short, aiming to achieve the highest combined return by year's end. Cash prizes and charitable donations are incentives.
Customers
Investors who are individual stock market enthusiasts, finance students, or beginner investors looking for free, low-risk platforms to practice and test their stock picking abilities.
Unique Features
A free-to-enter contest format with both a cash prize and a charitable donation for the winner, promoting both competition and social good.
User Comments
Easy and quick to participate in the contest.
The charitable aspect is appreciated.
A fun way to engage with stock market without financial risk.
Great for learning and testing investment strategies.
The contest adds a social and competitive element to stock picking.
Traction
Newly launched contest with promotional efforts on ProductHunt, yet specific user numbers or financial backing details are not publicly disclosed.
Market Size
The global online trading platform market was valued at $8.9 billion in 2020 and is expected to grow, indicating a substantial opportunity for investing-related contests and platforms.
