Playing & Trading Strategy

I have roughly 32% of my worth sitting around in cash, and I have no idea what to do with it. dave3626 Apr 10, 08:10

Funds, penny stocks {nm} DTravel Apr 10, 08:13

Summer's coming soon, you'll need some cash to play those big opening movies... You could actually start getting your positions slappydavid Apr 10, 08:52

I was just going to suggest exactly what slappy did. What I've done, is every time I have a large sum waiting around, I invest in an PRodQuanta Apr 10, 11:01

Can do. One question, though. What is the metric you personally use to determine if those upcoming openers are underpriced? {nm} dave3626 Apr 10, 12:08

You can look at comparisons (film type, date), tracking information (posted regularly on the movies board, with its share of analysis)... slappydavid Apr 10, 12:32

Yep {nm} PRodQuanta Apr 10, 16:19

I'll tell you what metric I use. I trust my gut. How do I know my gut is trustworthy? My gut tells me it is. ;) j/k amnesiac Apr 10, 13:45

I must say, the logic is airtight ;-) {nm} dave3626 Apr 10, 14:03

Hopefully, so is his gut. {nm} DTravel Apr 12, 07:50

You can reach farther out (starbonds, movies, etc...), invest in higher priced stocks, and/or try out a new strategy. {nm} PVL Admin Apr 10, 11:19

I would like to get a handle on a solid daytrading strategy. I want to really learn the rhythms of the market throughout the day. {nm} dave3626 Apr 10, 12:12

Do you have PortMonkey? Daytrading is extremely difficult without quick charts from theun4gven {nm} arf Apr 10, 15:43

I do have Port Monkey. Honestly, though, I don't use it. I'm guessing I should start.. {nm} dave3626 Apr 10, 16:46

Click on daily change amount to see graph for last 2 days, rather than simply change since reset, the insight is invaluable. {nm} arf Apr 10, 19:07

Does Port Monkey have intraday charts? I wish the regular site had that. {nm} 121Jigowatts Apr 10, 19:07

One of the main things you can do with excess cash is short slow bleeders. 121Jigowatts Apr 10, 19:10

Go for Star Bonds into the fall for Blockbusters, over 100 bonds with high gain there too. Most of my gains are from SBOs {nm} arf Apr 10, 15:44

I cannot imagine having this problem. Jane_Citizen Apr 10, 17:02

Yeah, especially with a port size 10% of ours. ;) {nm} PVL Admin Apr 10, 19:12

All great tips and I'll make use of them, but maybe I should clarify myself a little. dave3626 Apr 10, 19:32

PortMonkey allows you to click to see an intra-day chart, and with that, finding the peak or lull is following news, or chasing trend. {nm} arf Apr 10, 21:39

You're right, I do have to start utilizing the program. {nm} dave3626 Apr 11, 02:52

We are 10 mil apart in port value, I have about 75%+ in star bonds short/long, the rest is for fast trading. {nm} arf Apr 10, 21:48

Looking at the PVL League, you must have found something that works, congrats! {nm} arf Apr 11, 21:11

News, news, and more news, that's what's working. Next I'll add PM's intra-day charts as you suggested. {nm} dave3626 Apr 12, 08:11