HSX Forum

Playing & Trading Strategy

With a port your size, I would stick to

Posted by: Flash on Aug 12, 08:05 in response to ernbc's post Maybe I'm doing something wrong...

playing movies that are opening within the next 3-6 months.  To buy a movie that is 2 years away from opening will tie up much of your cash (depending on the price) and leave you with little to invest in other 'shorter term' stocks.

Sure, there's nothing wrong with buying a movie that IPO's and holding it - riding the wave of price increase (if it's going UP) and then selling and moving on to other things...

I still think you should be playing more in the "short term" way of thinking.  Look to stocks you can make money in, and then move on.

Consider star bonds that are adjusting within the next 45 days or so - they offer guaranteed returns, and your funds are not tied up for long periods of time.

Play movies that open each week...shorting or longing them... playing openers offers one of the BEST ways to build your port quickly.

Derivatives are good ways to make shorter term cash as well.  See if you can focus on making more money by playing on a "shorter" term basis for awhile, and see if that does not increase your port.

I would say that with a port your size, you should STILL be able to increase it by 1/2%-1%  a day as a good goal. 

To buy stocks in movies in developement just because there are big stars attached to it does not make sense for you - for the reasons mentioned above.  I would stick to the short term line of thinking and see if that helps build your port faster.





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