Business
Global X & Webull Canada Announce the Winners of the 14th BetaPro Biggest Winner Simulated Trading Competition
Global X Investments Canada Inc. ("Global X") and Webull Canada ("Webull") are pleased to announce that Joseph Jenkins from Etobicoke, Ontario, is the grand prize winner of the 14th BetaPro Biggest Winner Simulated Trading Competition (the "Competition"). With the highest six-week cumulative return of 252.85% – the highest return ever achieved across all past Biggest Winner competitions, Joseph has been awarded the grand prize of $20,000.
About this update from Webull Corporation
[{"type":"text","content":"TORONTO, Nov. 3, 2025 /CNW/ - Global X Investments Canada Inc. ("Global X") and Webull Canada ("Webull") are pleased to announce that Joseph Jenkins from Etobicoke, Ontario, is the grand prize winner of the 14th BetaPro Biggest Winner Simulated Trading Competition (the "Competition"). With the highest six-week cumulative return of 252.85% – the highest return ever achieved across all past Biggest Winner competitions, Joseph has been awarded the grand prize of $20,000.","length":512,"tagName":"p"},{"type":"text","content":"In addition to taking home the top prize, Mr. Jenkins also won $2,000 additional in cash prizes for his weekly return achievements in Week 3 and Week 4 of the competition.","length":181,"tagName":"p","attribs":{}},{"type":"text","content":""The competition provided an excellent opportunity to test my strategies in a structured environment while discovering new trading vehicles," said Mr. Jenkins. "I learned that many of my actively traded equities can be accessed through Canadian ETFs, allowing me to avoid foreign exchange fees while maintaining exposure to quality assets. Additionally, I discovered multiple hedging strategies beyond traditional options trading, which has expanded my risk management toolkit significantly."","length":512,"tagName":"p","attribs":{}},{"type":"text","content":"The Competition, which ran from September 15 to October 24, 2025, saw more than 3,000 participants completing approximately 45,000 trades over the six-week trading period. Contestants were provided with a fantasy fund brokerage account, with a balance of $100,000 in notional Canadian dollars. Contestants used these fantasy funds to place simulated trades among more than 1,000 ETFs listed on the Toronto Stock Exchange ("TSX") and Cboe Canada.","length":455,"tagName":"p","attribs":{}},{"type":"text","content":"For Mr. Jenkins, his key to success was a systematic rotation in and out of leveraged ETFs, taking entry and exit points based on his observations on institutional money flow through accumulation patterns and technical breakouts.","length":229,"tagName":"p","attribs":{}},{"type":"text","content":""I identified ETFs that demonstrated strong momentum and scale out of positions post-breakout and immediately rotated capital into accumulating ...