Playing & Trading Strategy

Please explain the strategy behind why someone would buy and hold SPID5 for over a year? elchan Jul 06, 07:21

there are way more part time players than there are regulars. buy and hold is an easy strategy for someone who either doesnt know better or islander Jul 06, 07:24

I often buy and hold the next 2 years tent-poles. Scorpion Jul 06, 07:36

When your port is huge, and you have cash laying around, why not buy as many stocks (short OR long) as you can..put the $ to work! {nm} Flash Jul 06, 07:39

But the dROI is so small to hold it for another year. Any actively managed fund would get at least 1% dROI. elchan Jul 06, 07:50

while 1% sure is desirable, you face a different problem when port grows too big. Oleg Max Jul 06, 07:56

I need to keep that in mind when I become a billionaire. ;-0 {nm} elchan Jul 06, 08:00

You don't need to be a billionaire. @ about half a billion you start running out of stuff to do with your excess cash. Scorpion Jul 06, 10:54

Yeah, I've made a billion so far this year. My average daily change is 0.06% {nm} RogerMore Jul 06, 08:27

my take: Oleg Max Jul 06, 07:40

But, mid 300s seems impossible at current pace, to me. I guess people are still holding on, until they see where SPID4 will actually land. elchan Jul 06, 07:45

it's a unique situation w/ SPID4, given that 3 days won't get a multiplier. SPID3 did 151mill that wknd in 2007.... Oleg Max Jul 06, 07:48

BOM link Oleg Max Jul 06, 07:48

Still even if SPID5 might go up to 350, we're still talking about a dROI about 0.2%! {nm} elchan Jul 06, 07:55

true, better than next to nothing in cash... {nm} Oleg Max Jul 06, 07:57

Sure I can see how it would be good to hold tent pole from IPO, but I'm saying for SPID5, now that we have an idea elchan Jul 06, 07:41

I guess my question should have been, "If I owned SPID5 now, would I hold it for another year?" ;-) elchan Jul 06, 07:59

One I'd like to add - playing the players is also a factor. RogerMore Jul 06, 08:40

I've never really understood the September crash, but let me try to reason it out and you can tell me whether I'm full of **** stevie1der328 Jul 06, 08:49

I think the lower opening weekends in September are a bigger factor in the crash. RogerMore Jul 06, 09:31

That's why I love HSXMetrics site. Great for spotting trends. Do a lot of people move their investments into TV, in the fall? elchan Jul 06, 09:38

The TV market isn't large enough to have a noticeable effect on the movie market, particularly with the 20,000 share limit. {nm} stevie1der328 Jul 06, 10:17

I'm with OlegMax and RogerMore, but time is a factor as well JohnTEQP Jul 08, 21:04

I'm a casual player...if I'm making at least a million a day and this game doesn't feel like a chore,then I'm happy :) {nm} tealfan Jul 06, 08:48

I'll say why I hold some things for a long time... LanceStorm22 Jul 08, 22:24