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Can we talk about Star Bond Management?

Posted by: goodvibe61 on Jan 27, 09:52

I'm convinced that this is the big weakness in my playing of the game. There are a massive number of star bonds. I do not have nearly the handle on that half of my port, as I do the movie half. And I'm relatively convinced that my lack of overall star bond management is what separates me (in the top 20 all time, and normally in the top 30-50 each year) from the truly great players that are more focused and growing their portfolios more quickly than i am.

I always ask myself: what is keeping me from being one of the largest moving ports? I see players whose life time or yearly numbers are growing at a much greater rate than me. And I look at my port and ask myself what i'm either doing wrong, or what i'm not doing; and I'm convinced the problem stems from my overall lack of bond management.

How do you manage your bonds?

I use Kaigee to follow what's going to be impacting TAGS. I use it to make sure that medium range bonds with tag movement are going in the right direction. I don't often fall victim to a huge mover on an adjust day in the wrong direction, it happens once in awhile.

I look at what's moving each day, i day trade my bonds a little.

I have a quantity owned system to help me with how my bonds are held. If a bond is moving in the wrong direction versus an upcoming tag, my number of shares owned pings me to review that bond occasionally, to see when the movement turns around in the other direction.

Do you own the MAX of every bond, causing greater overall movement? I find myself holding lots of bonds for less than 25K worth.

Do you go through the entire bond list periodically, to make sure your positions are strategically sound?

What is the daily and long range strategy you use for holding your bonds? And if you are a top player, and want to share, I'd love to know LOL.

Happy trading everyone.

Can we talk about Star Bond Management? goodvibe61 Jan 27, 09:52

I can't speak for anyone else, but for me, Starbonds are long term investments. I do not day trade them at all. Rocket Jan 27, 10:14

PS, I recognize you are higher in the LTD board than I, but my response is not exclusively for you :) {nm} Rocket Jan 27, 10:17

Thanks. Good tips - Particularly like your point about movies still in theaters - tricky for back-to-back TAGs {nm} ballpark_frank Jan 27, 10:57

I made a spreadsheet. DTravel Jan 27, 12:45

I used a spreadsheet when I ran the Oscar Fund. Too much work for me now. {nm} Rocket Jan 27, 15:59

A couple things: I assume you have tons of cash sitting around, why not max every bond? Bond_Port Jan 27, 13:46

Not every Starbond is profitable. Many won't adjust by enough to cover the commissions on the trades. {nm} DTravel Jan 27, 15:32

I meant every bond they hold. Obviously, I didn't mean to take a position in every bond. That was one of my main points of my IM. {nm} Bond_Port Jan 27, 17:22

Sorry, misunderstood. {nm} DTravel Jan 28, 11:12

Also, I mean, Jesus, you are ranked number 15 ALL TIME. Come on... {nm} Bond_Port Jan 27, 13:47

True... but his is an excellent conversation starter. We used to share this Rocket Jan 27, 16:03