HSX Forum

Playing & Trading Strategy

Option: Use a variety of stock quantities that each represent different "strategies."

Posted by: Lucky_Muppet on Nov 25, 09:08 in response to CactusLand's post Thanks for the advice. Is there a way to track a...

It doesn't necessarily work for everyone, but I purchase different stock volumes of certain stock "types" so that it is easier to track them. It takes a bit of time to set up, and I guess I don't fully maximise my potential gains, but it makes my life so much easier!

E.g. 99996  - Day trading & News

99997 - Movies that are to be released in the next 3 months

99998 My shorted "bleeder stock" strategy

99999 Penny stocks

100000 Stocks I'm 100% confident I don't need to worry about. ie ARB, OW, etc.

 

I therefore only need to really keep track of the handful of stocks that are in my 99996 category as I trade them constantly. Obviously I check the bleeder stocks every now and then to make sure there aren't losses (if there are in excess I just cover and move on).

 

I just find it so much easier to manage ones portfolio if one uses this technique, instead of merely looking at overall/daily gains and losses.

 

Just adding my two cents...

I'm calling it: this is a full-scale HSX financial crisis. This is the bursting of a fake asset bubble. CactusLand Nov 24, 22:47

My portfolio net was -3.5 million 2 data ago. It is now -16 million, and I haven't traded anything. {nm} CactusLand Nov 24, 22:49

That's just one example of the tragic fluctuations in my portfolio for the last 3 months. No solid gains since Guardians of the Galaxy. {nm} CactusLand Nov 24, 22:53

Or maybe it's cause you aren't trading anything. lol If you had HGAM3 long I'm not surprised your down 16 mil in 3 days. Dorfman Nov 25, 07:11

I didn't have Hunger Games long. I knew it was not worth 400 mil. I got a lot if solid positions that will definitely make money over time, CactusLand Nov 25, 07:39

Did you short HGAM3 when it was AT $400? Flash Nov 25, 08:21

Thanks for the advice. Is there a way to track a specific stock just like you can track a fellow trader? Looking through my portfolio CactusLand Nov 25, 08:41

Option: Use a variety of stock quantities that each represent different "strategies." Lucky_Muppet Nov 25, 09:08

+1 Nicely done. I'm kind of opposite. Dorfman Nov 25, 09:12

Nice. I do it with my CelebStock's too... Lucky_Muppet Nov 25, 09:40

Interesting. I hadn't thought of doing that with my CS {nm} Dorfman Nov 26, 06:23

I think that's a brilliant technique. The opportunity cost of leaving out a few shares , ie 999995, is nothing compared to the costs of not CactusLand Nov 25, 12:27

If I have a bleeder that I want to keep track of to possibly by later when the bleeding stops I unload all but 1 share. {nm} Dorfman Nov 25, 09:10

possible drop due to people dumping to invest in TOYS4? {nm} Dorfman Nov 25, 09:09

plus there was more dumping to invest in HGAM3 and HGAM4 {nm} tealfan Nov 25, 09:16

Try Shorting. {nm} Antibody Nov 25, 10:06

+1 {nm} ndmaster Nov 25, 10:38

My port never dipped more than 1%. No magic solution, just port diversity and regular attention/maintenance... Initech Nov 25, 10:53

Right on ndmaster Nov 25, 12:16

Yep. I never dipped at al. I was up 15 and 1% and even 2.7% on Monday. {nm} Dorfman Nov 26, 06:24

If there's one thing that I learned about HSX that helped me more than anything, it is this: ndmaster Nov 25, 12:11

+1 spot on with the bias {nm} Dorfman Nov 26, 06:25

I drop toy story4 last night. Hsx turning pump and dump stock. {nm} mike255 Nov 25, 13:53

I dumped it tues morning.. Glad I did {nm} Dorfman Nov 26, 06:25





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