Playing & Trading Strategy

These tips will help you build your port faster, so take and use the ones you find helpful... also check out 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.

Try thinking "short term" when buying some stocks...how much can you make on it in a week (openers?) or within 30 days.  Buy a stock (or short it) make some $$ on it, and move on.  

Personally, I always tried to 'max' out on openers when I play them.  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 maxxed out. Many players buy 20, 30,000 shares of an opener for fear it may not do well (then short it!)...why not max out when you can afford it? - it's ONLY play money remember!

Remember... you 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 $170, 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 26 months ago and it's now worth $70... when both movies adjust up 5 points - you both make the same amount of $$ on the opening weekend adjust.

Star bonds 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...knowing how & when they adjust is very important.  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...so click up there too. Take advantage of any opportunity to earn extra $$ that's out there. If you find a movie IPO's one day, and you think the price of it may go up (something like Ironman 8, etc.) then take a shot at it...buy it and hold it for the 'ride' UP of the price...but once you've made some $$...you can sell it and move on... you can always hold it if you have the extra cash laying around, but sometimes you may want to sell it and move on.

Don't forget about shorting stocks too if you think their prices will DROP..so learn to earn $$ by shorting stocks as well as buying them.  When I started playing we could not short stocks, but now players can earn $$ when prices go 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.

There's many more things you can do, but if you want to get serious, then do what those in front of you have done...play openers as much as you can (short OR long!), remember starbonds, look for opportunities to pick up quick cash, "play the players" when news comes out about a movie.

Before long, you'll find your port has grown a lot!!  Good luck!