HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
More HSX tips!! (10 more!!)
1. Always have some capital liquid ie not tied up in securities. Especially for the morning rest where every minutes counts to capitalize on the rapid increase in decrease in share prices. Great practice is to sell 10-15 minutes before the morning reset.
2. Watch carefully stocks that go up 15-25% with no news as these will generally decrease once selling at the top happens. These are great moneymakers to short on the downside.
3. Watch for overall market trends ie in late August a lot of stocks began to drop- this was a huge opportunity to short positions of stocks price over $130 HSX and gain great gains over a week or two of 7-15% = MILLIONS made!!
4. To maximize focus and initiative set goals and utilize time efficienty to hit them ie go from top 3 in Port Value League to #1 next month.
5. Utilize time best you have without checking account every 30 minutes ie once you get an idea of the trading system there are parts of day where less trading happens unless there is a news release/forum posting.
6. Stay on top of the forums for updates to get in on potentially massive movers.
7. Advanced: increase internet speed/speed of computer to accomplish more in less time.
8. Generally Thursday/Friday will give insight into how weekend releases will do- pay close attention to price trend.
9. Seek and find the stocks with greatest volatility and get an idea of support/ceiling to have consistent HSX ATM machine!
10. To conserve and efficiently utilize HSX capital take smaller starter positions in expensive securities so if trend changes or surprise news hits will not take as much loss changing or exiting position. Generally what I do is when I am in a confirmed trend that is +1/+2% total gain will go from 20-40k shares held increase +20k/+30k shares at a time. Rarely will I take 50k/100k position on lets say a Harry Potter unless there is major news/big time trend confirmation with 52 week high breakout on strong buying pressure.
More HSX tips!! (10 more!!) Sep 17, 07:38
Good advice momentum! {nm} Sep 17, 09:49
Nice work! {nm} Sep 17, 18:23