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Playing & Trading Strategy

Inside

Posted by: PRodNano (a.k.a PRodQuanta) on Jun 05, 15:03 in response to Dave3626's post The "old strategy" was what exactly? If you...

About 50% of our worth was in starbonds. For the rest of our cash, we played the news and openers. You have to be quick on the draw wrt the news. Never hold anything for more than a day unless it gives a comparable DROI of the news items. I made more money doing this than I do now, but it is exhausting. You get good at knowing when news items will stop profiting as well. 

Basically, not holding anything kept you from suffering the massive market downturns. For instance, last September many billionaires were losing millions of dollars a day on average. However, slappy and I were still both up about 2M a day because we didn't hold a lot of the long term stocks that were suffering. 

Stuck in a rut Dave3626 Jun 05, 11:05

Having spent 13 years to get to $200 million but significantly less to do the next $158 i may not be an expert blaze223 Jun 05, 11:22

I would say constantly assessing where I'm at in the game helps me alfpaulytd2012 Jun 05, 12:32

I have no quick reply for "quick reply" box except to say "more inside" Dave3626 Jun 05, 13:17

i'd say that JSEGE and the other 2 big % bonds yesterday were more circumstance driven alfpaulytd2012 Jun 05, 13:58

Dave - Know exactly where to place your funds. Get in tpoch with me {nm} scott108 Jun 06, 05:46

Part of the fun of the game is to adjust your strategy as your port grows... slappydavid Jun 05, 13:17

Yeah, for a while slappy and I had the same strategy and did really well, but it gets exhausting and you start having lots of cash lay aroun PRodNano Jun 05, 13:24

The "old strategy" was what exactly? If you don;t me asking, that is.. {nm} Dave3626 Jun 05, 13:27

"mind me asking" ^^ {nm} Dave3626 Jun 05, 13:28

Inside PRodNano Jun 05, 15:03

What was the adjustment that you made? {nm} Dave3626 Jun 05, 13:26

I basically started investing in openers some months in advance... slappydavid Jun 05, 13:48

I almost left this game as got so fed up with losing money. now ive changebmy playing style and im excited again. keep going. {nm} swordfish1 Jun 05, 14:02

You're stuck in a rut? That's interesting because we started our accounts at nearly the same time and we have almost the same $. 121Jigowatts Jun 05, 14:19

I take that back..... 121Jigowatts Jun 05, 14:30





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