HSX Forum

Playing & Trading Strategy

addition on last reply

Posted by: kruger on Oct 25, 17:02 in response to kruger's post Thanks but still lost !

Hi, me again, I forgot,

 

I'm also confused as to what you said and the help topics from HSX, they say:

"Short Selling

The simple rule behind short selling is that if you think a particular security is overvalued and the price is going to go down, you should sell the security "short." On the Hollywood Stock Exchange, almost anything goes, including using the failures of others to make a profit. If the next big blockbuster film looks to be an overhyped, overrated mess, you can still make a profit by shorting.

Covering

Covering is the opposite of short selling. Realize your profit/loss by covering your shorted security. You must already have the item short prior to covering it."

 

So what I understand from what they say is that short is selling and covering is buying, whereas you said the contrary :)





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The Death of Robin Hood (TDORH) 20000 16.60 (-0.42)          Klara and the Sun (KLARA) 20000 22.62 (+0.56)          Jason Statham Stole My Bike (JSSMB) 150000 25.63 (+0.50)          The Death of Robin Hood (TDORH) 10000 16.60 (-0.42)          Dune: Part Three (DUNE3) 3102 242.83 (-0.73)          Fortitude (FRTUD) 25000 10.00 (0.00)          Focker In-Law (MPRN4) 150000 119.32 (+0.44)          Spider-Man: Brand New Day (SPID9) 13963 421.24 (+3.18)          Moana (MOAN1) 5000 237.23 (-1.43)          Minions & Monsters (MNIO3) 5000 304.62 (-2.65)          Minions & Monsters (MNIO3) 8000 304.62 (-2.65)          Minions & Monsters (MNIO3) 810 304.62 (-2.65)          Night of the Living Dead (NOTLD) 81119 2.46 (+0.01)          Fortitude (FRTUD) 50000 10.00 (0.00)          Young Washington (YWASH) 50000 32.14 (+1.80)          Klara and the Sun (KLARA) 10000 22.62 (+0.56)          Murder, She Wrote (MURSW) 281 35.24 (-0.16)          Young Washington (YWASH) 50000 32.14 (+1.80)          Custom of the Country (TCOTC) 150000 12.63 (-0.06)          Minions & Monsters H$75 Put (MNIO3.PU) 400 1.61 (-0.39)          Young Washington - Opening Weeke (YWASH.OW) 100000 10.75 (+0.75)          Fortitude (FRTUD) 150000 10.00 (0.00)          Minions & Monsters H$75 Put (MNIO3.PU) 800 1.61 (-0.39)          Young Washington (YWASH) 150000 32.14 (+1.80)          Young Washington (YWASH) 150000 32.14 (+1.80)          Young Washington (YWASH) 150000 32.14 (+1.80)          Young Washington H$10 Put (YWASH.PU) 25000 1.68 (-0.32)          Klara and the Sun (KLARA) 17289 22.62 (+0.56)          The Gallerist (GALRS) 10000 6.49 (-0.01)          Young Washington H$10 Put (YWASH.PU) 25000 1.68 (-0.32)          Young Washington H$10 Call (YWASH.CA) 25000 2.56 (+0.56)          Young Washington H$10 Call (YWASH.CA) 25000 2.56 (+0.56)          Young Washington - Opening Weeke (YWASH.OW) 100000 10.75 (+0.75)          Golden aka Atlantis (ATLNT) 5000 4.01 (+0.03)          Young Washington - Opening Weeke (YWASH.OW) 100000 10.75 (+0.75)          Moana (MOAN1) 150000 237.23 (-1.43)          Moana (MOAN1) 150000 237.23 (-1.43)          Young Washington H$10 Put (YWASH.PU) 25000 1.68 (-0.32)          Young Washington H$10 Call (YWASH.CA) 25000 2.56 (+0.56)          Young Washington - Opening Weeke (YWASH.OW) 100000 10.75 (+0.75)          Minions & Monsters H$75 Put (MNIO3.PU) 25000 1.61 (-0.39)          Minions & Monsters H$75 Call (MNIO3.CA) 25000 2.84 (+0.84)          Lice (LICE) 149999 4.10 (+0.10)          Minions & Monsters - Opening (MNIO3.OW) 100000 77.28 (+2.28)          Fortitude (FRTUD) 20000 10.00 (0.00)          Fortitude (FRTUD) 149999 10.00 (0.00)          Minions & Monsters H$75 Call (MNIO3.CA) 25000 2.84 (+0.84)          Minions & Monsters - Opening (MNIO3.OW) 100000 77.28 (+2.28)          Star Wars: The Mandalorian and G (SWAR3.BW) 25000 7.32 (+0.33)          Wicker (WCKER) 30 5.43 (+0.51)