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I make about 15 trades a day...

Posted by: john on Jul 15, 17:59 in response to Catzany's post Oops, must've hit enter or something...continuing

I've been making most of my gains in derivatives, either a) buying the max of the puts & calls each week and then selling them before the movie opens (that way you don't have to pick a winner). of course, if it drops before the open date, I'll dump out... or b) buying the max of the blockbuster warrants (i got into [BWSTR] at $20 and saw decent gains, so I got into [BWHP6] at $5 for the max). As far as Moviestocks, I mainly short films I think are overpriced and buy as much as early as I can of surefire hits like [HOBT2] - I took some huge hits earlier this year from buying the max of a movie only to have an opening weekend tank (thank you Jonas Brothers). Starbonds I figured out from a post on the Movies forum and some poking around at Project Genome, hopefully [JTURT] pans out as expected.

I've been gaining ground at about $100k+ a day for the last few weeks, so I'm not complaining. Just wanted to make sure I'm on the right track as there are very fewer true tutorials on how to succeed short of "picking winners" which I seem to be terrible at. I know it probably gets competitive within the Top 5000, so ya'll are unlikely to share secrets, so thanks.

(Note: [500DS] was a mistake for this weekend's limited release, but I still think it's way overpriced looking forward)

Tag(s): BWSTR, BWHP6, HOBT2, JTURT, 500DS

Question for the Top 1000 john Jul 15, 01:22

500DS has a limited release of only 27 theatres, it won't adjust over the weekend. dechoong Jul 15, 05:12

Personally.... Flash Jul 15, 16:03

Hmmm...you don't day trade much then, do you? There are several key strategies to making your port grow exponentially from where you are Catzan Jul 15, 16:19

Oops, must've hit enter or something...continuing Catzany Jul 15, 16:27

I make about 15 trades a day... john Jul 15, 17:59

If your port is smaller....do NOT Flash Jul 16, 09:21

Heh, soooo true! On those exciting Saturday ipo's, best to ride the waves as long as they roll and then look for the enxt shiny new ipo. At Catzany Jul 16, 10:13

Hmmm...I have secrets? =) What do you want to know? The biggest secret I had was I spent time here. The game is work-related so that Catzany Jul 16, 10:25

Horror films make big bucks shelman2392 Jul 17, 22:35