HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Gipsy, you have to choose your style of trading. Are you a long termer or a day trader. Day trading is hard. You really should check into
site probably 3 times a day minimum. You can effectively day trade and use about a half an hour to an hour.
If you are checking into the site regularly, you will see the flow of movement. (ooo sounds like the Matrix). You can learn how news impacts a stock and when to get in and when to get out. You learn how to rate the news and how much it pushes the stock. But...if you don't enjoy that...it is a lotta work for a free no cash return stock game.
You can stick to long term trading it is easier in some respects.
If I had bought Spider-man 4 for instance at its ipo and its recent movement never dipped below that price, do I make more dropping my "great buy" and future investment flipping it to ride the bad news down...and then flipping it again when news of the director comes out? Or do I make more by holding my initial position? But you have to be around to see the news and observe the flips. There is a saying here...PPDM = Price Paid Doesn't Matter.
If you do long term trade, I suggest you at least play openers appropriately the week before they open and the week after or until delist. RS and MTC tracking are posted on the movies board and the stocks react to that expectation. Post adjust is very important...you can make a killing if a movie like Avatar has legs or if a Tyler Perry movie comes out and does NOT have legs.
Keep asking questions on this board. There are a lot of great traders of both schools that can give you advice. They won't tell you what stock to buy...but they can help in other ways.
Good luck!
finally a billionaire. hard work paid off. {nm} Jan 20, 11:45
Good job I'm at 141 Mil trying to get to a Bil by end of next year Jan 20, 15:17
how is that? can you help me with tips? when to buy/sell? how much?? {nm} Jan 20, 16:51
try to read forecast of opening weekends from different sites. have faith in long-term investment and avoid day trading. {nm} Jan 20, 21:08
Gipsy, you have to choose your style of trading. Are you a long termer or a day trader. Day trading is hard. You really should check into Jan 20, 23:16
Good job - Key to exec wash room is under your mat {nm} Jan 22, 19:32
