HSX Forum

Playing & Trading Strategy

I usually wait (although have forgotten) till the last day,but It depends >

Posted by: jdaniel on Dec 22, 13:36 in response to jakemongoose's post should read "which way to play"

If the OW opens at 20.00 and you have decided early to short it. That would be the best time. If you're playing it long, at the same 20.00 opening price, and you buy early, you could loose money if the price drops, defeating the whole purpose of making money. If you bought 100k long at 20, and the final price at halt is 16, you've already lost 400k. That's huge. Just some things to consider. You might want to test yourself at first with a small wager, just to get a feel for how good your gut check is before making the 100k plunge.

Of course this is only my opinion and I could be wrong. If you ask 10 different players you might get 10 different answers. But I hope this turns out to be one good answer. Good luck!

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