HSX Forum

Playing & Trading Strategy

I like this hollywood stock exchange, but question...

Posted by: Panda (a.k.a del_FXH_PolyPanda) on Feb 02, 05:03

It's fun, slightly exciting, and highly addictive (impo). I have no real knowledge of stock trading, finances, or portfolio management (if only you could see my portfolio and see what I mean) but somehow, in two days I've managed to make enough money to buy a small virtual suburb home in a small virtual suburb town.

Most of the questions I have, I can usually find using the internet; I've learned quite a bit in the last couple days. Some things I understand, and some things confuse me, like how I lose bits of money when I buy and sell shares. A specific example to represent my confusion, let say, is I buy 100k shares long, but I meant to buy short(stupid), and so I sell back and then buy 100k shares-short. In this instance, the share remained at $xx.xx from the time of purchase to the time of resale, but I lose somewhere between 1-10k depending on the price-per-share and amount (so I've noticed) but I shouldnt be losing anything, right?!

I'll have more questions, if I can get some people to help me learn, I'd feel better about asking. (:


I'm dying to know
What happenings affect me
In such tiny ways

I like this hollywood stock exchange, but question... Panda Feb 02, 05:03

There is a .01% transaction fee per every trade. However, this does not apply tostocks or bonds which delist. # tips tatoufan Feb 02, 07:06

Other useful links slappydavid Feb 02, 07:18

NIce one slappydave hsxsanity is very, very useful. {nm} tatoufan Feb 02, 07:29

*tips slappydavid H$1M* {nm} RogerMore Feb 02, 09:17

** This post has been removed by the forum moderator! ** Panda Feb 02, 15:50

Antibody, please scrub this message. Panda accidentally tagged TOWNI here. {nm} Paul2k Feb 02, 18:28

OK, there are a couple of things to talk about here. Roger More Feb 02, 19:56

I've been playing just over 2 years and the TAG that Roger More just referenced blew my mind Dionisio Feb 02, 22:03

Starbonds are simple - there's plenty of easy money and no real mystery. Everyone should be able to do it. RogerMore Feb 03, 08:33

Beg to differ about 'very small Ports not investing in MovieStock IPO's'. RotoHockeyYTD2013 Feb 03, 11:39

Yes, but you know how they perform. A normal small port (usually newbies) don't really know when to pull the trigger and cash out... {nm} slappydavid Feb 03, 13:13

You're a professional YTD trader who knows what risks to take. Panda's new to HSX and on a learning curve. So, different strokes. {nm} RogerMore Feb 03, 13:16

Most recent example - Bought (TRON3) at 70.00 IPO Price - Sold at 80.30. 18 Hour Hold. RotoHockeyYTD2013 Feb 03, 14:55

Again, you have an idea of the risks, plays and opportunity costs involved in that trade. Someone completely new to the game does not. {nm} RogerMore Feb 03, 15:51

This is a high risk/high reward potential method. Not recommended for newest players... IMHO. {nm} RocketYTD2013 Feb 03, 16:00

You suggest a strategy then recommend against it. So, basically, you just wanted to brag? {nm} eyescovered Feb 04, 04:08

Read the poster's name closer. {nm} RocketYTD2013 Feb 04, 08:56

Apologies, Rocket! : ) {nm} eyescovered Feb 04, 09:38

Too funny. {nm} RotoHockeyYTD2013 Feb 04, 12:07

BTW, you can slow down on your main port and let me catch up now, OK? eyescovered Feb 04, 13:21

Commission is actually 1%, minimum 2 cents per share (under c in Glossary) {nm} Rednax Feb 02, 08:58

Which also means that once a stock gets below 2$, it is 2¢ per share at all times. {nm} RocketYTD2013 Feb 03, 16:02

This is a great thread....Good questions and good answers...The worst thing is to be the 4th child..the one who Buy BONDS 20 coming soon Feb 03, 12:56

Easy With Common Sense (: Newb, or not. Panda Feb 03, 17:13

But I proobably don't know it all. (; {nm} Panda Feb 03, 17:23

Sure - you are right that there is good money in IPOs, but it is just a little harder to crack. RogerMore Feb 04, 09:11

Re: Tron3 Panda Feb 05, 00:47

That's not necessarily right, even if most of the time it's the right way to go (only on IPO day) slappydavid Feb 05, 06:56

I don't know that anyone has looked at this systematically, but here are my general thoughts on trading IPOs: RogerMore Feb 05, 09:26

Don't Forget to play a 1-3 Penny Stock. You can strike gold!!! {nm} mike255 Feb 05, 11:47





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