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HSX Forums: Playing & Trading Strategy Board






[FOXX] Fox Studio Fund week 2 report.

Posted by: hyper (a.k.a FOXXFund) on Sep 28, 02:24

Price history chart (courtesy KaiGee)

 

Apparently my last two attempts to post a report have been scrubbed because I was talking about "price movements" when I should have been talking about something called box office potential".  In my defence, what I was attempting to communicate to investors in the fund was which stocks we had taken positions in the previous week. Which I have always seen as the purpose of a report. Aside from listing the actual stocks and mentioning the fact that my strategy is to alternate long/short to maximise profit I still can't understand what I did wrong, particularly in light of the fact that these were historic transactions that had already taken place. It's not as though I was flagging up what I planned to do next. Frankly I wouldn't even know what I would do next as I learned many years ago that any attempt to predict the market is a shortcut to the poorhouse.

So much for what I was apparently doing, now on to what I should have been doing: "discussing box office potential". Considering that I do not work in the industry and that people a lot more informed than me have been badly burned betting on box office returns, based on something as ephemeral as "potential", I think that I will give that a miss. My background is in trading so that is how I will be manaqing the fund, my personal HSX port and my real life portfolio. 

So I guess in future my reports will consist of a more general rumination on trading style. As I said earlier predicting markets is for fools. The smart investor waits until they have all significant information required to make an investment and then goes 'all in'. The secret is knowing when to jump in and when to jump out again. I'll leave predicting box office numbers to those either more informed (or more foolish) than me.

 

 


Tag(s): FOXX





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Halloween sequel (HALW4) 100000 75.00 (0.00)         N9: Emily Blunt - A Quiet Place (N9SEBL) 20000 4.11 (+0.01)         N9: Margot Robbie - Mary Queen o (N9SMRO) 20000 4.79 (-0.28)         Halloween sequel (HALW4) 100000 75.00 (0.00)         Halloween sequel (HALW4) 100000 75.00 (0.00)         N9: Viola Davis - Widows - Actre (N9CVDA) 20000 3.51 (-0.07)         N9: Nicole Kidman - Destroyer - (N9CNKI) 20000 4.66 (+0.03)         Halloween sequel (HALW4) 99999 75.00 (0.00)         Halloween sequel (HALW4) 100000 75.00 (0.00)         The Wolf Man (TWLFM) 100000 7.32 (+0.72)         Willy Wonka (WONKA) 50000 44.94 (+1.26)         Micronauts (MCRON) 1 38.42 (-0.03)         N9: Barry Jenkins - If Beale Str (N9DBJE) 20000 5.52 (-0.12)         Jumanji: The Next Chapter (JUMN2) 18200 260.26 (+0.34)         N9: Crazy Rich Asians - Adapted (N9ECRA) 20000 6.16 (-0.33)         Halloween sequel (HALW4) 100000 75.00 (0.00)         Weetzie Bat (WEETZ) 99997 5.36 (-0.64)         Halloween sequel (HALW4) 99998 75.00 (0.00)         Michael B. Jordan (MBJOR) 1232 112.74 (+1.15)         Weetzie Bat (WEETZ) 99000 5.36 (-0.64)         N9: Clint Eastwood - The Mule - (N9ACEA) 20000 3.75 (-0.10)         Gambit (GAMBI) 100000 31.36 (+0.78)         N9: Julia Roberts - Ben is Back (N9CJRO) 20000 3.47 (+0.02)         N9: A Quiet Place - Picture (N9PAQP) 20000 5.77 (-0.01)         N9: The Death of Stalin - Adapte (N9EDOS) 20000 6.34 (+0.16)         N9: Emily Blunt - Mary Poppins R (N9CEBL) 20000 6.86 (-0.09)         Halloween sequel (HALW4) 10000 75.00 (0.00)         Kitty Pryde (KITYP) 100000 21.31 (-1.44)         Halloween sequel (HALW4) 100000 75.00 (0.00)         Halloween sequel (HALW4) 100000 75.00 (0.00)         The Rhythm Section (RHYTM) 100000 28.20 (+1.82)         Kitty Pryde (KITYP) 25000 21.31 (-1.44)         Legally Blonde 3 (BLON3) 50000 64.47 (+0.33)         The Rhythm Section (RHYTM) 100000 28.20 (+1.82)         Us (US) 10000 122.40 (-0.27)         Glass (GLASS) 5 129.40 (-3.74)         N9: John David Washington - Blac (N9AJDW) 20000 7.03 (-0.04)         Alita: Battle Angel (ALITA) 5000 68.30 (-0.16)         Kitty Pryde (KITYP) 100000 21.31 (-1.44)         Suicide Squad 2 (SUIC2) 100000 107.96 (-0.25)         N9: Lucas Hedges - Boy Erased - (N9ALHE) 20000 3.19 (+0.02)         Halloween sequel (HALW4) 25000 75.00 (0.00)         N9: Clint Eastwood - The Mule - (N9ACEA) 20000 3.75 (-0.10)         Glass (GLASS) 100000 129.40 (-3.74)         Halloween sequel (HALW4) 100000 75.00 (0.00)         N9: Ryan Gosling - First Man - A (N9ARGO) 20000 3.98 (-0.01)         Ford vs. Ferrari (FOVFE) 30000 62.77 (-0.22)         Halloween sequel (HALW4) 100000 75.00 (0.00)         Fantastic Beasts 3 (FBST3) 100000 126.05 (+0.51)         Rocketman (RCKTM) 20000 59.33 (-0.09)