Playing & Trading Strategy

To help celebrate the newest incarnation of the Caine Fund - a quote from its namesake: DTravel Aug 15, 23:12

lol {nm} tealfan Aug 16, 08:34

Looks like up_up_and_away is going for for some kind of trading record. Number 1 so far for the week again. Wow!!! {nm} firefox Aug 15, 08:34

I trade more share by 6 a.m. than most people do all day. Oorah! {nm} up_up_and_away Aug 15, 08:41

why? are you making money by trading that much? {nm} Oleg Max Aug 15, 08:51

I made money yesterday. Like everyone, I have up days and down days. I have a long term strategy. {nm} up_up_and_away Aug 15, 08:54

i see. as long as you do have a strategy and not just a goal to have top trading account week after week. {nm} Oleg Max Aug 15, 09:01

I'm about to move past him, so fine by me... :) {nm} slappydavid Aug 15, 08:41

I'm not sure who just passed who, but congrats on being an almost billionaire. I have fond memories of being a billionaire. {nm} up_up_and_away Aug 15, 09:21

Thanks! I'm sure you'll get back once your summer cleaning is done... :) {nm} slappydavid Aug 15, 09:41

Must be bad to be under the microscope like that. ;-) {nm} elchan Aug 15, 10:31

It doesn't bother me. {nm} up_up_and_away Aug 15, 12:43

Why not just reset the account and start over instead of having all that commision? {nm} blaze223 Aug 15, 12:24

And lose $1 Billion instantly? No thanks!! I have a strategy. {nm} up_up_and_away Aug 15, 12:44

commissions are a moot point. everyone has to pay them, so it doesn't matter. ndmaster Aug 15, 12:46

Than, what's the point of buying a $1B account? {nm} elchan Aug 15, 18:58

oh for gods sake. why all the red yet again when I was so close to 2 billion. im destined not to get there lol {nm} swordfish1 Aug 14, 13:03

and it's getting close to September...nail-biting time :) {nm} tealfan Aug 14, 15:43

That's going to be a self-fullfilling prophecy. People will be afraid everyon is going to sell and so they sell 1st, {nm} JDolphin Aug 14, 16:39

Hunger Games 4 is set to IPO in late August. momentum858 Aug 14, 23:59

Red?? What red? :-) {nm} Flash Aug 14, 15:58

lol so I guess its all green your side. damn you man {nm} swordfish1 Aug 14, 16:52

lol so I guess its all green your side. damn you man {nm} swordfish1 Aug 14, 16:52

OK...don't feel so bad...the red is BACK in MY port today! :-) {nm} Flash Aug 15, 07:16

Flash is up by $1.1M, and I'm up by $2.2M. It's so green, I feel like a solar panel. {nm} elchan Aug 14, 16:55

Question with regard to Blockbuster Warrants Grishnak Aug 14, 10:30

You seem to have it correctly. At the time of IPO, 165 seemed a reasonable strike. Since the movie has had good legs, BUY BONDS 19 Aug 14, 10:54

math formula for you RazorHawk Aug 14, 11:08

OK I get it now Grishnak Aug 14, 11:31

yup...so ARB happens a lot with BWs {nm} tealfan Aug 14, 12:04

Yes, many of the people who trade derivatives might already be maxed out since IPO... {nm} slappydavid Aug 14, 12:06

ARB? What's it astand for? {nm} Grishnak Aug 14, 12:23

Arbitrage - a real stock term that is used with a slightly different definition here at HSX {nm} lapuckfan Aug 14, 12:28

Article with answer to your question (link inside) slappydavid Aug 14, 12:28

wow... wrote a post for you but you didnt read it... cause it talked about ARB... guess you dont want help {nm} RazorHawk Aug 14, 13:06

opps... hey... where did my second post go? {nm} RazorHawk Aug 14, 13:07

Got eaten by an Arby's customer. :P {nm} DTravel Aug 14, 22:16

Thanks for the input everyone Grishnak Aug 16, 10:12

My portfolio is blood red and gushing today! Stupid expensive IPOs and people dumping long-term blockbusters for another one! {nm} BSmurf Aug 13, 17:17

you can always stop the bleeding of the port with one click of the mouse. {nm} Oleg Max Aug 13, 17:22

Just one? ;) The damage is done -- no need to compound it with unnecessary commissions and flipping after the fact when they will BSmurf Aug 13, 17:27

get ready for fall season is all I am going to advise you. {nm} Oleg Max Aug 13, 17:35

Today's bleeding is being caused by everybody selling everything they own so they can afford The Hobbit IPO. {nm} RazorHawk Aug 13, 17:43

i know that. but how about this fact: Oleg Max Aug 13, 17:47

Is this happen in avenger 2 iPo. It just a game guys {nm} mike255 Aug 13, 18:05

I really hope english is not your native language... {nm} slappydavid Aug 13, 18:38

I hope it is! {nm} RazorHawk Aug 13, 19:03

Sloppy Mr perfect lol {nm} mike255 Aug 14, 05:03

By "Port" I think Oleg meant the "Reset" click. Mom told me some Billionaires here Rynns_Daughter Aug 14, 10:34

We really try our best to be nice... :) {nm} slappydavid Aug 14, 10:54

Many do, yes. Some are very helpful. {nm} Rynns_Daughter Aug 14, 11:08

no, actually I meant: one can easily stop the bleeding by selling/covering stock that is causing the hemirage. Oleg Max Aug 14, 12:28

*Hemorrhage* I understand now. My bad, very sorry. :-) {nm} Rynns_Daughter Aug 15, 08:23

Strange, I'm up by $2.3M, so far today. ;-) Good thing I can't afford to participate in those expensive IPOs. {nm} elchan Aug 13, 19:28

Guys It is only game!! You are going to recover a couple weeks from now mike255 Aug 14, 05:08

2 questions NOLEAFCLOVR Aug 13, 16:53

Answers slappydavid Aug 13, 18:34

perfect! thank you that answered all my questions! ill be sure to thank roger as well. {nm} NOLEAFCLOVR Aug 14, 09:59

Men in black is Arb. B.W {nm} mike255 Aug 13, 14:57

Delisting Of Movie Stocks {nm} Hsxman Aug 12, 12:44

Moviestocks delist after four weekends of wide release, or twelve weekends of limited release. {nm} RogerMore Aug 12, 14:10

Thanks rogermore.Can you tell me about the delisting of dead projects. Hsxman Aug 12, 14:26

This might help you slappydavid Aug 12, 15:04

Thank you slappydavid.This info is of great help. :) {nm} HSXMAN Aug 12, 15:29

Strip or Straddle you got screw this weekend. Jason07 Aug 12, 10:57

once in a while, the house wins. {nm} Oleg Max Aug 12, 11:10

Good for traders, and not holders. Bought BORN4@97 and sold at @112. Didn't keep it overnight. {nm} elchan Aug 12, 13:28

I wish I'd have shorted it at $112...I shorted it a bit tooooo early. {nm} Flash Aug 13, 07:57

I bought it at 101 and sold at 116, then shorted it. I probab {nm} JordenS Aug 13, 13:40

I probably won't make a good move like that for a while lol {nm} JordenS Aug 13, 13:42

Hi :-) Question Please: How to tell which movie funds cash out @ other than H$100 ??? {nm} Rynns_Daughter Aug 10, 09:49

Studio funds are the only ones that don't cash out at 100, they cash out yearly sometime in september. The rest do cash out at 100... {nm} slappydavid Aug 10, 10:00

In case of doubt, you can find delist info within the fund description... {nm} slappydavid Aug 10, 10:04

Thank You. :) {nm} Rynns_Daughter Aug 10, 11:13

Some funds will cash out at slightly higher than H$100 JohnTEQP Aug 12, 14:57

What is the Max on Derivatives? ernbc Aug 10, 07:39

All derivs 20,000, except OW (100,000) {nm} slappydavid Aug 10, 07:54

Member up-up and away is either having a clearance sale or attempting to hit a significant goal 61 million shares blaze223 Aug 08, 22:04

up_up_and_away bought this billion dollar port on EBAY last month and is cleaning house (he has lost 20mill so far) {nm} RazorHawk Aug 09, 09:27

Actually I'm down 75 million so far. {nm} up_up_and_away Aug 09, 11:08

Are you going to be kicked out of the Billionaire's Club, since you are no longer one? {nm} elchan Aug 09, 18:44

I'll keep you posted. {nm} up_up_and_away Aug 09, 19:10

If this is an experiment to compare the new proprietor's judgments with those of the original proprietor, we appear to have H$75 million DTXbro Aug 10, 16:06

Yuck he lost 75 million the original owner is laughing in the bank. {nm} mike255 Aug 09, 11:35

Probably not laughing too hard. I only paid $5.99. Pretty good deal. It would take me a couple of years to get to a billion from scratch. {nm} up_up_and_away Aug 09, 12:34

The current trend indicates it may not take that much time to wind it back from a billion to scratch. {nm} DTXbro Aug 10, 16:07

Only time will tell. {nm} up_up_and_away Aug 10, 18:00

HSX used to pay $1 REAL dollar for every H$ dollar in your port - I think the minimum was $200M port to qualify... Flash Aug 09, 15:32

Blueduck did not sell his $136mill port for $1,050 in 1999 RazorHawk Aug 09, 16:16

Yeah, I should've checked the HSX "history" page on the Fansite, but I was too lazy...preferred to do it by memory...hence the corrections! {nm} Flash Aug 09, 19:47

Flash, you sure that wasn't $1 for every MILLION H$ in your port? {nm} DTravel Aug 09, 16:23

Oops, that is correct...1 million...NOT 1 H$ dollar..thanks for keeping me straight. {nm} Flash Aug 09, 19:46

Percentage of cash in portfolio? HSXMAN Aug 08, 17:29

Gotta spend money to make money -- invest it all if you have a small port! {nm} BSmurf Aug 08, 18:45

Hello bsmurf.Yes,mine is a small portfolio.Thanks for suggestion. {nm} HSXMAN Aug 09, 02:29

Who's getting overwhelmed by the number of openers this week? I am. ;-) {nm} elchan Aug 08, 16:15

I guess it's just me, then. {nm} elchan Aug 08, 19:24

christmas 2008 had 6! bedtime stories, benjamin button, spirit, valkyrie, marley and me, plus doubt went wide {nm} islander Aug 08, 19:44

I need to make a better spreadsheet. ;-) {nm} elchan Aug 08, 20:13

As long as you remember the halt times, you should be fine... :) {nm} slappydavid Aug 08, 19:57

What are you going to do when we get another 4 wide openers next week? {nm} RazorHawk Aug 09, 09:49

I will have a conniption fit. {nm} elchan Aug 11, 10:01

If you're following funds, DJAVU has made its initial investments. More may come, but this is probably the lowest the price will be. {nm} RemakeFund Aug 08, 02:01

This being my first year, just wondering what to expect, trading after the summer season. Will profitability drop afterwards? {nm} elchan Aug 07, 20:10

There'll be a market drop in September, and things won't pick up until around mid-October. RogerMore Aug 07, 21:07

I'm dreading September {nm} tealfan Aug 07, 23:00

Beware the last 2 weeks in August JohnTEQP Aug 08, 19:27

Beware the post-Ides of August? {nm} DTravel Aug 11, 10:10

HSXsanity answers the big questions. This week "What does arb mean?" RogerMore Aug 07, 13:31

arb means arbitrage, but the article should adres over and uder parity or premium or discount 88dho Aug 08, 06:25

? on BW Trades {nm} websch01ar Aug 07, 11:53

That sucked.... {nm} websch01ar Aug 07, 11:55

Switched to a different browser...Not sure why Addl Msg is being cleared websch01ar Aug 07, 11:58

Wow, which BW is that?! That would be a $20 ARB. {nm} elchan Aug 07, 12:50

The numbers were fudged lest I get in trouble. What does ARB stand for? {nm} websch01ar Aug 07, 12:51

That means its trading at lower than their BO. Usually don't find BW trading that low relative to BO. If you do then don't complain. elchan Aug 07, 12:57

ARB short for Arbitrage alfpaulytd2012 Aug 07, 13:21

The definition of arbitrage Jason07 Aug 07, 18:23

Uh, no alfpaulytd2012 Aug 07, 20:27

Confused...[BRAVE.BW] Jason07 Aug 07, 21:36

yeah, you're missing the conversation alfpaulytd2012 Aug 07, 22:33

Two possibilities: 1) There are more profitable trades elsewhere at the moment. 2) There are not enough traders interested in BWs. {nm} Antibody Aug 08, 10:05

I always buy long since it is easy money. Sell if has not reach box office props {nm} mike255 Aug 08, 10:47

Thank you very much. Very helpful! websch01ar Aug 08, 04:29

I just buy every Bw. I got nothing to lose. Since it is easy money mike255 Aug 08, 10:52

OK....here we go....First, you mean "strike" not "stake" Buying at 25 means that it had better have a box of 175 or more... Buy BONDS 19 Aug 07, 20:16

Thank you {nm} websch01ar Aug 08, 04:28

Quick short term gains vs. Long term "hold and grow" Strategy JustaGuy Aug 07, 11:28

Start looking at Starbonds. They adjust to TAG every week, and you can safely hold them for more than 1 week. They don't fluctuate a lot. elchan Aug 07, 12:53

IMO, 30 days out is too long term for a portfolio of your size if you want to maximize your growth. stevie1der328 Aug 07, 12:57

OK, so to maximize growth, how long should I hold? {nm} JustaGuy Aug 07, 13:01

When I was at your port size, I could easily do 5% day trading, and on a good day, 10%+. elchan Aug 07, 13:13

Cool. So given where I am in my portfolio, how far out from release should I hold a Moviestock? {nm} JustaGuy Aug 07, 14:36

Just re-read your post. OK, so staying with a day trading strategy at this point gives me more ROI? {nm} JustaGuy Aug 07, 14:39

Day trading for a port of $10M+ is very risky...and only if you can babysit the port...not everyone can do that... Flash Aug 07, 15:05

Totally hear you on day trading. JustaGuy Aug 07, 15:12

Simply Buy the stock based on news. Buy as many 0.01 cent stock mike255 Aug 07, 16:10

Funds are prolly better to stay away from till your port is larger...their return is usually good...but slow. {nm} Flash Aug 08, 08:26

Flash is right, day trading on news, is very time intensive. But with bigger risk comes bigger reward.(more inside) elchan Aug 07, 18:36

Well, if you can spend all day and night here reading the movie news - 5 minutes. :P DTravel Aug 07, 20:52

Good good luck luck to to helmetz helmetz and and DEJVU DEJVU which which IPO's IPO's today today... Buy BONDS 19 Aug 07, 05:22

+1 {nm} Oleg Max Aug 07, 08:34

Thanks, guys. Remake Fund 5 is going to be a fun one, I think. Hang on. It's going to be DEJVUier than ever. {nm} helmetz Aug 07, 09:05

It's DJAVU! But yes, good luck helmetz! :) {nm} slappydavid Aug 07, 09:04