HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
There are many ways to build your port...here are a couple ides inside to think about...
These tips will help you build your port faster, so take and use the ones you may find helpful... also check out the back boards here on the Players Board, these boards have a lot of newbie questions with answers - perhaps similar to ones that YOU might have as well... also the "Tools of The Trade" under "Community" at the top of this page... Now...on to some ideas you may want to consider:
Personally, I think playing openers each week will build your port faster than just about any other way of playing style (except maybe daytrading, which is very tricky for many players). BUT, remember too....you can ALSO LOSE $$ when you pick an opening movie wrong.
Will a small port..you HAVE to think "short term" as a new player. Buy a stock (or short it) then make some $$ on it, and move on. My advice is DO NOT hold or buy ANY movie stock that is further out than 30 days for NOW.... Why? because you'll tie up your cash, and you won't be able to use $$ to buy other good deals (like openers, etc.)
Personally, I always tried to 'max' out on an opener when I played it. Buy as much as you can afford if you think you can make $ on it. There was nothing more frustrating to me, than to only buy 5,000 shares of something, knowing I could have afforded more, and then make only $75,000 on the adjust, when I could've made $500,000 if I would have bought as much as I could afford, or maxxed out.
Remember... you can make JUST as much money on a movie that's priced at $20 if it adjusts up 5 points, as you can on one that is priced at $70, and adjusts up 5 points - so keep that in mind. The only difference is, you don't tie up as much cash waiting for them to adjust. Remember, the old addage "PPDM", which means "Price Paid Doesn't Matter." And don't be jealous because someone else paid $10 for a stock 6 months ago and it's now worth $70... when both movies adjust 5 points - you both make the same amount of $$ on the opening weekend adjust.
Star bonds are also good..but Do NOT play them until you know HOW they adjust. They are a 'sure' way to make money, but be sure you know the in's and out's of why and when they adjust. There is 'guaranteed' money to be made with star bonds...but just be sure you know how & when they adjust before you jump in. Kaigee's Bond charts will help you, and make it simple for you to see these adjusts. Free money.
You can also click on the tab "Earn H$" there are ways to earn FREE cash for your port!...and every little bit helps your port when starting out...so click there too. Take advantage of any opportunity to earn extra $$ that's out there. If you find a movie IPO's one day, and you think the price of it may go up (something like Ironman 8, etc.) then you may want to take a shot at it...buy it and hold it for the 'ride' UP of the price...but once you've made some $$...sell it and move on... why keep this stock and tie up lots of your cash for a movie that's opening in 2-3 years? Even if you KNOW it will be a huge blockbuster at that time, it doesn't make sense with a small port.
AGAIN...think "short term" gains with a small port until you build up some cash and you have extra money that you can afford to 'lose' or 'tie up' for a longer time frame...with smaller ports - buy something, make your $$ and move on. As your port grows, you can then look into buying movie stocks that are a little further out...Personally, I would wait until you have at LEAST $20M before buying movies that are any further out than 30 days. It takes a lot of your availabe $$ to buy a movie that's priced at $50 and is opening 6 months from now, so you can see why it wouldn't take long to go through $20M...
You can make money shorting stocks too if you think their prices will DROP..so earn $$ by shorting stocks as well as buying them. When I started playing you could not short stocks, but now players can earn cash when their price goes up OR down...take advantage of adjusts of openers that may drop in price after opening weekend, as you can make some fast money too by shorting openers after they adjust in price.
We all started out small, and you will make $$ faster and easier if you are thinking "short term" while your port is smaller...good luck.
How do you even make money? Jan 19, 21:08
Er play the news join a PVL and use some of the strategies that have been outlined there and then use a little imagination Jan 20, 01:15
which is why i'm asking {nm} Jan 20, 10:22
There are many ways to build your port...here are a couple ides inside to think about... Jan 20, 09:36
^^IDEAS!^^ {nm} Jan 20, 09:37
Beware the Ides of HSX. {nm} Jan 20, 12:52
daytrading works very well for me, just not every day. i may make 2 million one day, barely 100k the next. hot and cold. {nm} Jan 20, 12:32
Read these older threads. Tons of info for small port players. Taken from my PVL leagues (below 1B) overview. Jan 20, 12:54
When I refresh the page that my port is on my port grows bigger... the more times I do it the bigger it grows! {nm} Jan 20, 13:22
You're just looking at the low risk options. If you want to make money faster, you have to take some risk. {nm} Jan 20, 16:04
Uh, Not necessarily the case. Went from 20 MILL to 40 MILL in Six (6) Days with No or Virtually No Risk. {nm} Jan 20, 17:06
The 3 things he listed in his post were low risk options {nm} Jan 20, 17:44
Not that - was referring to the taking some risk to make money faster. Jan 20, 18:11
Just did. See above. {nm} Jan 20, 18:12
You're satisfied with that? Wow, what amazing insight. That will surely help him a lot. Jan 20, 18:34
Previous Posts have included numerous Tips for Small Ports. Some Examples inside. Jan 20, 18:50
YES, these should help him (or her) a Lot. {nm} Jan 20, 18:52
Here are two (2) other Examples that should help him (or her). Jan 20, 19:05
Those are not Decent Investments. Those are Outstanding Investments for a Small Port. More Inside. Jan 20, 21:29
More Zero (0) Risk Investment Opportunities & Where To Find Them (Inside). Jan 21, 05:08
Think you mean investment on ONE WEEK; Not tomorrow... {nm} Jan 21, 07:15
OOPS - Yes, you are right - pulled Wrong Chart . But that's How & Where to find the Zero (0) Risk Opportunities. Jan 21, 08:48
About six months ago I posted "Tips for the casual player at HSX." Link is inside. Jan 21, 22:39
Excellent Advice. {nm} Jan 22, 08:35
