Playing & Trading Strategy

To the worriers: Patience...I remember when I lost 10-15% of my port's value, when HSX had a "black Friday" day several years ago... Flash Aug 28, 16:11

Very sage advice, Flash. Fortunately, I'm one of those blasted day traders. Of course, in RL, I would never take that kind of risk. {nm} elchan Aug 28, 16:21

And, since it's really a futures market rather than a genuine stock market, there {nm} jjmarino Aug 28, 22:07

there's always an underlying value that you can expect to recoup. {nm} jjmarino Aug 28, 22:08

Flash, I was there for that one. this current one feels different tho. ive just had no time to breath and gain a foothold {nm} swordfish1 Aug 29, 06:42

I'm losing $ like you, and many others..this seems to be a bit more 'consistent' with losses, rather than sudden...but Flash Aug 29, 07:07

Maybe it's because there are more active players now than then, so the selloffs are bigger. I blame small ports for playing big IPOs... {nm} slappydavid Aug 29, 08:38

+1 They're only hurting themselves by not recognizing the actual cost of commissions on those big IPOs {nm} BSmurf Aug 29, 08:40

Hmm, bought at $180 sold at $197, made $1.7M, commission cost=$180K+197K, net $1.32M. Seems pretty clear to me. ;-) {nm} elchan Aug 29, 09:20

Remember to add the commission if you sold stuff to buy the IPO. Then, how many days did you hold it? 3 days? That gets you 350K/day? slappydavid Aug 29, 10:34

I forgot something else... slappydavid Aug 29, 10:43

Sloppy it only games and it is not serious and have fun mike255 Aug 29, 15:32

Fuck off! Please stop calling me sloppy, and stop saying the same thing over and over and over... slappydavid Aug 29, 15:42

Ha! The bad word went through... Apologies to everyone else... :) {nm} slappydavid Aug 29, 15:53

Fuck me! Did this one get through too? ;-) {nm} elchan Aug 29, 16:07

Man, we're going to get banned. {nm} elchan Aug 29, 16:08

But, it's the swings that make the game interesting. ;-) elchan Aug 29, 11:04

No one likes red days anyway... I'll only allow myself to have at most 1 per month! :P {nm} slappydavid Aug 29, 11:34

Sloppy it is only games and have fun. I care less if I lost million per day mike255 Aug 29, 15:33

What a troll... {nm} slappydavid Aug 29, 15:45

you are troll {nm} mike255 Aug 29, 18:51

yeah sloppy, he could care less about money.....that's why he's advocating more free money on the feedback board alfpaulytd2012 Aug 29, 15:46