HSX Forum

Playing & Trading Strategy

some advice for newbs :)

Posted by: islander (a.k.a SONYXFund) on Nov 19, 06:42 in response to Chimaera81's post that helped a ton...

really i dont have all the answers, (they are plenty of things about hsx i still cant figure out, and my port is at $570M!) so look around to other peoples questions

read the players board and movies board alot, and starbonds arent exciting but if you get the hang of them, theyre profitable.

get out while the getting is good. stocks can flip prices quickly and for no reason. so once you feel youve made a good amount on a stock, let it go. yes you may miss out on some, but better than losing what you gained

look for news on the movie board. but not all news is equal. news that shows a movie is moving forward closer to getting made or released (gets a writer or director, or gets a release date, etc.) is good and will move the stock up. Usually any news that pushes a movie back will make the stock go down. when news is that an actor joins a fil, thats tricky. a big name star will move the stockup, but just because some third rate tv actor joins a film, the stock wont climb. if the news sounds cool to you, it will likely sound cool to other traders, and the stock will go up.

Play the guaranteed money. early Sat morning when the box office numbrs come out, check the cx derivitives. If film does really well, you may want to buy the cx, or short if it flops. ON sunday, just before adjust, look for the fund percentage report on the movies board. in it will be how much money the moviefunds will gain due to adjust. buy any fund that has a number higher than 3%, and short those that will lose 3% or more. example, last week the report showed the sony fund would gain 6%. if you had bought 10,000 shares at that time, when the adjust for 2012 came in that afternoon, you would have made $15,000. then after the adjusts happen and your fund shares went up or down, you can dump then (because then the funds will be dumping stocks themselves and the price will start dropping) it may not seem like a lot, but playing the funds that way can usually net you 25-50K in a couple hours on a sunday afternoon. look at the calender for mondays. if you see anything that says "the following films did not have a release and will cash out at $0, short that stock right away. those are direct to video films, and if you get it early enough, its good money (example if its priced at $1, and its going to cash out at 0, you get $50K profit if you went max short) also look at the films and cx derivitives that will be cashing out on monday. sometimes there is a difference between box office and price that you can play. example if film1 is cashing out and its box office total will be $50.5M, but the stock is priced at only $49, go long because the stock will get cashed out at the b.o. total, so in this case you'd profit $1.00 a share.(after losing .50 due to the 1% commission)

you dont really have a lot of money to play openers, but you should try to some. first, you may not want to jump in until the last minute, the price is going to fluctuate up and down a lot on friday morning and its just going to frustrate you. read all you can about the openers and pick one you feel most confident about and play what you can. post adjust, keep in mind that 2.7 multiplier. any film that traders dont think can manage to make 2.7 times its OW, will likely get shorted.

start checking out the movie sites around: variety, box office mojo, the-numbers, basically all those up in the menu bar under community, tools of the trade. learning the business makes it easier to understand what the people here are talking about

also check out this site: the ampersand, its an old hsx fansite that isnt updated anymore but the basic info in it really helped me a lot. it describes all the concepts easily. (just know some of the info is out of date, but the general concepts still hold) also check out the hsx help section





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