HSX Forum

Playing & Trading Strategy

Daytrading tip to help you make bank:

Posted by: Austinmh (a.k.a del_AGH_Austinmh) on May 25, 16:23

For those that check their port 5+ times a day and are looking for ways to up their game, I want to share a helpful strategy.  Clearly I'm not the first to come up with this, but I haven't seen it talked about.  Feel free to comment, flame, or expand upon this with your own modifications.

You probably consider yourself decent at knowing what stocks are going to move by watching TT and remembering yesterday's movers etc. 

However, when you buy something and check back in an hour and it's up $3 and then you come back later and it's dropped to up $1...  you missed out on some serious dough and it's frustrating.

Multiply this by the 10 stocks you are daytrading and scrolling through your holdings to locate them... and you realize it's a lot to keep track of and hold in your brain.

What I do is...  when I maxbuy (or maxshort) something and it's on the move and I've made 60k+ on it I will go ahead and radar it in the opposite direction.

(radar = buy/short 1 share)

You come back 45 minutes later and you see you made another 50k on some stocks and 23k here and none there...  well go ahead and get all your daytrading radars back to zero by dropping that share and readding it. 

This way you always have a reference point for what the stock has done since you last checked and a better idea for when the tides are shifting.

The more times you zero-out your radar, the better your reference point.

This way you know when to exit your position with minimal gains lost, and in some cases of fast movement, reverse your position to ride both waves for 2x cash.

If you own a ton of movie stocks you can click to organize holdings by # of shares held and see only the radars (the stocks you are daytrading) and keep tabs on them easily.

Happy trading!





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The Odyssey H$115 Call (ODYSE.CA) 25000 2.00 (0.00)          Dinner With Audrey (DWAUD) 10000 3.64 (+0.01)          Paranormal Activity 8 (PNAC8) 25000 30.65 (+0.21)          Dune: Part Three (DUNE3) 4000 243.53 (-0.37)          David Leitch (DLEIT) 25000 133.56 (+1.33)          David Leitch (DLEIT) 25000 133.56 (+1.33)          Digger (DIGER) 150000 133.25 (+0.33)          Heart Eyes 2 (HRTE2) 25000 21.34 (+0.46)          PAW Patrol: The Dino Movie (PAWP3) 40000 46.79 (-0.09)          Deathstroke & Bane (DSTRK) 36400 55.63 (-2.69)          Panic Carefully (PNCRF) 3000 22.12 (+0.01)          Young Washington (YWASH) 150000 37.56 (+0.78)          The Odyssey H$115 Put (ODYSE.PU) 25000 2.00 (0.00)          The Odyssey H$115 Call (ODYSE.CA) 25000 2.00 (0.00)          Get Lite (GETLT) 6000 17.98 (+0.09)          The Odyssey - Opening Weekend (ODYSE.OW) 100000 115.00 (0.00)          The Teller (TELER) 150000 8.00 (0.00)          Bad Fairies (BFAIR) 3000 53.48 (+0.03)          The Invite (TINVT) 150000 19.87 (+0.14)          A Quiet Place: Part III (AQPL4) 3000 120.88 (+0.11)          Clarissa (CLRIS) 150000 3.86 (+0.40)          Deathstroke & Bane (DSTRK) 150000 55.63 (-2.69)          Bluey the Movie (BLUEY) 3000 146.20 (+0.11)          The Odyssey H$115 Put (ODYSE.PU) 25000 2.00 (0.00)          Wilford Nappy Pulawa biopic (NAPPY) 1000 38.17 (-0.30)          The Wrong Girls (TWRNG) 150000 8.75 (-0.03)          Paddington 4 (PADT4) 40000 31.07 (-4.26)          Pretty in Pink 2 (PINK2) 150000 0.09 (+0.03)          The Odyssey H$115 Put (ODYSE.PU) 25000 2.00 (0.00)          The Lord of the Rings: The Hunt (LOTR5) 3281 183.90 (+0.51)          The Odyssey - Opening Weekend (ODYSE.OW) 100000 115.00 (0.00)          Star Wars: Dawn of the Jedi (STRW1) 150000 80.62 (-0.08)          Easy's Waltz (EWLTZ) 90000 5.66 (-0.24)          The Origin of the World (TOOTW) 150000 17.17 (-0.10)          Wolf Creek Legacy (WCRE2) 6000 19.25 (-0.01)          The Teller (TELER) 87000 8.00 (0.00)          Minotaur (MNTUR) 30000 1.17 (-0.19)          The Odyssey H$115 Call (ODYSE.CA) 25000 2.00 (0.00)          Minotaur (MNTUR) 149998 1.17 (-0.19)          The Batman: Part II (TBAT2) 150000 269.36 (+0.50)          The Legend of Zelda (ZELDA) 3000 225.72 (+0.17)          Clue (CLUE) 150000 11.87 (+0.12)          The Teller (TELER) 150000 8.00 (0.00)          Toxic: A Fairy Tale for Grown-Up (TOXIC) 144925 3.22 (+0.50)          The Teller (TELER) 150000 8.00 (0.00)          A Minecraft Movie Squared (MINE2) 3000 326.81 (+0.50)          Flavia (FLAVI) 149999 4.34 (+0.27)          Flavia (FLAVI) 60000 4.34 (+0.27)          The Teller (TELER) 150000 8.00 (0.00)          Fing! (FING) 10000 4.18 (+0.02)