HSX Forum

Playing & Trading Strategy

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Posted by: elchan (a.k.a elchan2012) on Aug 22, 21:32 in response to elchan's post New league for trading Penny Stocks. Join now!

Seems like it will be interesting to have a league where we only trade in penny stocks.  People who join this league will have to create a new account.  The account should be your normal username with PENNY at the end.  For for me it would be elchanPENNY.

 I propose the rules to be the following, but we should have a discussion first to decide:

 

 1- People can only buy the stocks when they are below H$1.

 

 2- People can sell at any price.

 3- Perhaps put a limit on the number of stock allowed to be held.  Let's decide on the number.

 Figure on yearly reset, since the penny stocks all might take a while to have any movement.

 

 That's it for now.

 

 

New league for trading Penny Stocks. Join now! elchan Aug 22, 21:31

Oops, I guess inline html is not parsed. elchan Aug 22, 21:32

This is a bad idea. You should only trade using one account. {nm} Antibody Aug 23, 14:19

I thought HSX allowed more than 1 port, as long as you traded differently, not manipping prices?? No?? {nm} Flash Aug 23, 17:30

Here's a link to the league... edzep - Port Monkey! Aug 23, 05:45

If you start a second penny account, you should probably not trade penny stocks in your main account to avoid any chance Antibody Aug 23, 14:24

Good idea, we don't want people manipulating the penny stock for their normal account. I'll add that to the rules. {nm} elchan Aug 23, 15:40

Problems. edzep - Port Monkey! Aug 23, 17:11

Migrate over slowly, maybe. They're probably more making you a fortune, but being in a league can augment the fun. {nm} elchan Aug 23, 17:13

"more" ="not" {nm} elchan Aug 23, 17:31

Be careful. A league where everyone buys and holds the same stocks could be taken as coordinated trading. {nm} KaiGee Aug 23, 14:13

Well, we are talking about over 1/3 or the market, with each player limited to some subset of that. {nm} edzep - Port Monkey! Aug 23, 14:15

Yep, I think 100 stock limit per port, would prevent any kind of monoply or coordinated stock movement {nm} elchan Aug 23, 15:43

what happen a player didn't join your league? It can effect hsx market mike255 Aug 24, 16:10

If someone is not in the league, there they don't need to follow the rules of the league, just the rules of the game in general. elchan Aug 24, 17:12





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