Playing & Trading Strategy

I can almost taste my first H$ million. only 232k to go. up 24.27% for month. {nm} winstonman78 Apr 12, 12:41

Way to go man! good numbers this month! {nm} David_Francis Apr 12, 15:33

Keep up the good work, and remember, we all have a red day and we all have a bad opener from time to time. Don't get discouraged. {nm} PVL Admin Apr 12, 21:00

Thanks {nm} winstonman78 Apr 13, 05:06

Good job, keep it up {nm} Nobody May 24, 10:21

If Opening Weekend Stocks are now halted on Saturdays, is the math still the same to figure out how much the movie needs to make? blackredstar Apr 12, 02:20

Generaly, the factor for openers is 2.7 No matter what, the Calendar is your friend as every movie's formula is listed. The halt has no Buy StarBondFund (EURO too) Apr 12, 04:59

Thanks! nm blackredstar Apr 12, 15:01

To drop a huge movie or not? blackredstar Apr 11, 16:10

I'd say dont be afraid to drop a big stock, especially those that arent opening for a while, if you can make more elsewhere. also islander Apr 11, 17:07

yeah, you have to look at your dROI or percent return until you do plan on selling it ndmaster Apr 12, 09:42

I was told starting out invest short term. PVL Admin told me best... winstonman78 Apr 11, 17:13

First time i've gone in deep on the opening weekend stocks....and so far have lost HUGE! not sure how to play next week's openers now/! {nm} David_Francis Apr 09, 13:29

Why take the risk? {nm} laujer Apr 09, 15:11

Surely you know that playing openers is one of the fastest ways to build your port...?? Flash Apr 09, 22:18

Risking millions on OW's is a lot more fun when you have a billion dollar port and can afford to lose. DTravel Apr 09, 22:56

We all started with a $2M port... Flash Apr 10, 08:59

Playing openers is the fastest way to grow your port. Playing stocks with news is the securest way to grow your port. Day trading takes time Catzan Apr 10, 10:48

i hope my OW pay off. winstonman78 Apr 10, 13:58

It's been a tough couple of weeks. I think as the blockbusters start rolling out, it will be easier. {nm} PVL Admin Apr 09, 16:55

That's one great thing about this game - all you have to do is wait a week to try again! {nm} JohnTEQP Apr 09, 20:52

if i've made profit on an upcoming OW stock, and wear the price is at is not far from where i think the OW will be, should i sell off the funnybillypro Apr 08, 13:49

that is an interesting question... RazorHawk Apr 08, 16:43

well i meant more like dumping before adjust or after adjust. i didn't have plans on keeping anything until cash out {nm} funnybillypro Apr 08, 19:55

OW's halt on Friday and then delist (cash out) on Monday... there is no "before adjust" or "after adjust" {nm} RazorHawk Apr 08, 20:05

no no, i meant the acutal movie stock, not the OW derivative {nm} funnybillypro Apr 09, 08:56

What about with a reg movie stock. I'm riding a 42% jump on soul surfer cause i bought it at 24. Now its trading at 33.96... winstonman78 Apr 09, 07:48

You win a jackpot on a slot machine....do you keep going or cash out? Considering it is not real money? {nm} Buy StarBondFund (EURO too) Apr 08, 17:59

That depends on if I am pretend drunk and if I feel fictitiously lucky and if it is simulated real late but I am already artificially up $$. {nm} PVL Admin Apr 08, 20:57

sweet! im up 16.5% for week! course this is before weekend b.o. lol {nm} winstonman78 Apr 08, 07:45

Congrats! A good 'goal' for newer ports is a 1% gain a day...30% for a month...so you're well on your way! {nm} Flash Apr 08, 07:59

cool. im at about 18.5% for month {nm} winstonman78 Apr 08, 08:40

Awesome! {nm} Nobody May 24, 10:21

** This post has been removed by the forum moderator! ** Jackson Apr 08, 03:17

spam {nm} RazorHawk Apr 08, 04:33

Ummm....this is a "movie & stock" trading game... are you on the right website?? {nm} Flash Apr 08, 08:01

congrats mrbinns for flying thru the devil's number... Oleg Max Apr 07, 19:07

There's an omen in there somewhere. {nm} Buy StarBondFund (EURO too) Apr 08, 18:03

IPO next day adjust. Juiced Apr 07, 12:46

IPO adjust winstonman78 Apr 07, 13:38

i asked exact same question last week. probably better explanation then mine 2 or 3 pages back on this board. {nm} winstonman78 Apr 07, 13:41

Prizes Zebrafish Apr 07, 11:56

sorry...no more...happened at the same time as the layoffs {nm} tealfan Apr 07, 12:07

Virtual Stock Exchange Krax Apr 06, 13:12

Broke into the top 100k in rank today. woohoo! {nm} winstonman78 Apr 06, 12:39

I'm just curious, why is there a limit of 20,000 shares on star bonds? and why is there a 250 max delist on movies for star bonds? confusedman Apr 06, 12:28

from what i understand there is a limit on num of shares winstonman78 Apr 06, 12:52

as for a cap on boxoffice, i not sure. winstonman78 Apr 06, 12:54

Not just the adjusts up, think of the adjusts down. {nm} JohnTEQP Apr 06, 20:15

Right on number of shares, as for the cap... LanceStorm22 Apr 06, 14:03

fair point, but I didn't mean infinite shares, but why not same number of shares as stocks. or a percentage based on max stock position twoshenoudas Apr 06, 14:15

A history lesson....Originally, prior to Oct 2001, there was a limit of 500 shares but the prices were huge (THANK was over 6K) . The whole Buy StarBondFund (EURO too) Apr 06, 20:30

caps are because starbonds are too much easy/guaranteed money, and all you do by raising limits is let rookies grow their ports faster than islander Apr 06, 14:41

only rookies? :) Still wish they had respective leaderboards for moviestocks and starbonds... {nm} amnesiac Apr 08, 09:23

Milestone: Yesterday was my first Million dollar day. {nm} Mockmasher Apr 06, 07:50

Congrats!...what a GREAT feeling! {nm} GLAMMGUY Apr 06, 08:40

woot!...may you have many more {nm} tealfan Apr 06, 08:56

CONGRATS! I'm only at my first 100k dollar day. :) {nm} winstonman78 Apr 06, 09:08

Good job, keep it up {nm} Nobody May 24, 10:17

Friday Night and Saturday strategy stevie1der328 Apr 05, 12:01

Welcome back! Steved1998 Apr 05, 12:57

Don't know when you stopped alfpaul Apr 05, 13:03

The last one I remember being the "go-to" for early B.O. as the Drudge Report. No wonder I sucked for a long time at this. ;) {nm} Paul2k Apr 05, 13:05

Whatever happened to.... Bags Apr 05, 13:06

Generally for me... I don't play the calls or puts on openers... but usually just the movie itself... Flash Apr 05, 15:02

a quickie... RazorHawk Apr 05, 20:10

Let me be sure I have this right. winstonman78 Apr 06, 07:37

you have it correct RazorHawk Apr 06, 09:49

It really does seem like cheating, It was way more fun to just throw your money in Thursday night/way early Friday and take your chances. nm blackredstar Apr 12, 02:17

I play every opener, every week... every way possible Chefbobcat Apr 05, 21:33

Chefbobcat.... winstonman78 Apr 06, 07:38

Yes... the derivatives (calls, puts, OWs) are halted, but I can adjust my position on the stock early Sat morning Chefbobcat Apr 06, 13:41

Still feels like cheating srrichardson Apr 06, 14:28

Questions racemany2k Apr 05, 08:39

((current value + expected gains) / current value) ^ ((1/number of days to realise gain) - 1). Commission costs are 1% {nm} RogerMore Apr 05, 09:14

Or ((Expected value - current value)/current value) / # of days till adjust or cashout if there's no compounding interest involved. {nm} DTravel Apr 05, 20:41

I'm sure there is a thread on this somewhere.... winstonman78 Apr 04, 06:35

Reason why i'm asking is cause i understand that with a Call or Put order you only get the cashout amount on those. {nm} winstonman78 Apr 04, 06:40

You can def tell the N00Bs in this game haha {nm} winstonman78 Apr 04, 06:42

Play nice - you were one also {nm} laura1818 Apr 07, 05:53

what you receive for a shorted stock completely depends on where you shorted it ndmaster Apr 04, 06:44

OK i got it. unlike a call or put order the cashout is $1 per 1 million total. winstonman78 Apr 04, 06:51

I guess if your shorting a stock and its trading below its delist price at the time of delist you better sell it before it halts huh {nm} winstonman78 Apr 04, 06:52

yes, if its further below its delist than commission, then you would make more $$$ {nm} ndmaster Apr 04, 08:30

by covering before delist (damn enter key) {nm} ndmaster Apr 04, 08:30

I am not sure if the question was really answered, so for all of the confused new players, not to mention winstonman78... Buy StarBondFund (EURO too) Apr 04, 23:25

It does thank you very much :) {nm} winstonman78 Apr 05, 06:38

How are starbond adjusts calculated? which 5 movies do they average? are the adjust schedules available anywhere more than a week in advance {nm} NLitend1 Apr 03, 10:58

Here's the thread you need... Let us know if you have further questions that are not addressed here. PVL Admin Apr 03, 16:58

Just wondering: BeastMode Jun 14, 10:46

Limit orders are usually placed after a starbond is halted and before it becomes active again {nm} laujer Apr 03, 07:34

But limit orders can be used for movie stocks as well...and I play them to cash out at certain points... {nm} PVL Admin Apr 03, 16:08

Can someone explain how a "limit order" works and how to correctly post a limit order. SRVE Apr 01, 09:08

Limit orders only work if you are making a profit.. NOT to prevent losses... Flash Apr 01, 10:01

I tried this too and found out the hard way. lol {nm} winstonman78 Apr 01, 10:10

Additionally...here's how you would set a limit order.... Flash Apr 01, 10:10

Great explaination... SRVE Apr 01, 10:34

You're welcome. {nm} Flash Apr 02, 08:23

Another example jane_citizen Apr 01, 16:41

Im confused about your first example jane_citizen winstonman78 Apr 02, 10:04

It wouldn't short it, you would have to later manually sell and then short the stock. DTravel Apr 02, 11:31

sorry! I meant you would set a limit order to short at $15, not to buy jane_citizen Apr 02, 18:03

If this works, I will have learned something. Keep posting, we'll query you if we're confused. Thx {nm} PVL Admin Apr 02, 18:31

yeah, probably test any of my limit order theories with single shares jane_citizen Apr 03, 14:54

Good suggestion. I'll do that. {nm} PVL Admin Apr 03, 22:34