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Playing & Trading Strategy

Know why you short something, and what to expect. Then, if it goes your way, take profits, don't wait. {nm}

Posted by: ndmaster on May 15, 20:05 in response to MitchC's post Probably my biggest vice is if I short something that...

Is 3 Million.. A "Big Loss" to a port of a billion plus dollars. MitchC May 14, 10:27

a little less than 0.3%. nothing to sweat about, most of the losses are probably from commissions paid trying to chase volatile stocks. {nm} forlorne May 14, 13:22

Thanks. Some stocks did take big losses. I guess the number just got my attention. {nm} MitchC May 14, 13:39

The funny thing. With my "noticing the loss" I actually went up 13 places in the ranks yesterday, so maybe people took similar losses {nm} MitchC May 15, 03:17

Yeah, that's a good barometer to see how you're doing. If you're down less than those around you, that's good. ndmaster May 15, 11:33

I see your point, nd. I've lost another $500,000 so far today. The port seems very volatile the last 3-4 days {nm} MitchC May 15, 12:34

you can sort columns by gains/losses daily. are you holding some of the soon to be or recently released movies that are likely overpriced? {nm} forlorne May 15, 13:44

The only current movie I have is Avengers. I'm going to wait for that to delist. {nm} MitchC May 15, 15:25

I have never dumped my port even when I have million dollar losses a day. Such thought has gotten me to over a billion. I just keep trying {nm} MitchC May 15, 15:26

So, are you just running a bond portfolio, for all intents and purposes? ndmaster May 15, 21:48

Seriously? Down 0.1% is volatile? {nm} Antibody May 15, 18:23

Come on, don't you know he's related to Madoff... {nm} ndmaster May 15, 21:51

I get the urge to dump my port about once a month, then it comes back. Don't give up. {nm} GruntNoNeck May 15, 14:39

Probably my biggest vice is if I short something that plunges, it goes back up, and then I dump it. I rush in spite of my total . {nm} MitchC May 15, 15:29

Know why you short something, and what to expect. Then, if it goes your way, take profits, don't wait. ndmaster May 15, 20:05

nd, I short something because it keeps going down. sometimes I sell, and it goes down more, so I rebuy, wait for more drop, then sell again {nm} MitchC May 16, 04:43





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Unsung Hero - Opening Weekend (UNSUN.OW) 50000 8.74 (-0.25)          The Haunting In Wicker Park aka (TRUEH) 150000 6.03 (-0.01)          DogMan (DGMAN) 47500 0.94 (+0.01)          DogMan (DGMAN) 46500 0.94 (+0.01)          Exhibiting Forgiveness (XHBTF) 150000 2.56 (-0.01)          Madden (MADEN) 50000 29.00 (+3.08)          Mike Tyson biopic (MTYSN) 150000 0.04 (-0.03)          Asphalt City (BLKFL) 47500 0.81 (0.00)          Old Guy (OLGUY) 1 2.79 (-0.02)          Wildcat (WLDCT) 75000 1.23 (-0.04)          Asphalt City (BLKFL) 47500 0.81 (0.00)          Asphalt City (BLKFL) 46500 0.81 (0.00)          IF (IMGNF) 149999 150.15 (-0.23)          Furiosa: A Mad Max Saga (MMAX5) 149999 156.20 (-1.02)          Mads Mikkelsen (MMIKK) 25000 54.65 (-0.16)          Kraven the Hunter (KRAVN) 1 104.19 (-0.40)          Liam Neeson (LNEES) 25000 6.19 (-0.10)          Anora (ANORA) 150000 4.02 (+0.66)          Anora (ANORA) 150000 4.02 (+0.66)          Challengers H$10 Put (CHALN.PU) 25000 0.21 (-0.08)          Challengers H$10 Put (CHALN.PU) 25000 0.21 (-0.08)          Challengers - Opening Weekend (CHALN.OW) 100000 14.75 (+0.33)          Challengers - Opening Weekend (CHALN.OW) 100000 14.75 (+0.33)          Unsung Hero (UNSUN) 25000 21.48 (+0.15)          Challengers H$10 Call (CHALN.CA) 25000 4.72 (+0.30)          Challengers H$10 Call (CHALN.CA) 25000 4.72 (+0.30)          Sleeping Dogs (SDOGS) 47500 1.10 (+0.01)          Sleeping Dogs (SDOGS) 47500 1.10 (+0.01)          Madden (MADEN) 150000 29.00 (+3.08)          The Fall Guy (FALGY) 14999 122.83 (-1.19)          The Monkey (MONKY) 150000 20.01 (+0.55)          The Monkey (MONKY) 150000 20.01 (+0.55)          Civil War (CVLWR) 149999 59.22 (-0.14)          Sleeping Dogs (SDOGS) 46500 1.10 (+0.01)          The Fall Guy (FALGY) 75000 122.83 (-1.19)          The Fall Guy (FALGY) 50000 122.83 (-1.19)          Lips Like Sugar (LIPLS) 150000 12.51 (+1.57)          Ballerina (BLRNA) 95000 70.75 (+0.24)          Sesame Street (SESAM) 149999 3.47 (-0.03)          Uproar (UPROA) 47500 0.87 (+0.01)          Uproar (UPROA) 47500 0.87 (+0.01)          Uproar (UPROA) 46500 0.87 (+0.01)          Afterburn (AFBRN) 40000 18.55 (-0.01)          Challengers (CHALN) 150000 40.39 (+1.29)          Challengers (CHALN) 150000 40.39 (+1.29)          Madden (MADEN) 1000 29.00 (+3.08)          The Fall Guy H$50 Call (FALGY.CA) 25000 2.09 (-0.12)          Club Zero (CLUBZ) 47500 0.15 (+0.05)          Club Zero (CLUBZ) 47500 0.15 (+0.05)          Club Zero (CLUBZ) 46500 0.15 (+0.05)