HSX Forum

Playing & Trading Strategy

Change your Strategy

Posted by: LTSDOYCA on Jan 09, 13:14 in response to swordfish1's post Old player needs to know how the other big portolio...

I've been playing this game for over 10 years now and may not have the same port size as you, but why don't you try and embrace the changes.  Challenge yourself to make fake money.  From your recent rants, it's painfully obvious that you have given up and have become stubborn because your old strategy is no longer effective. 

I have embraced the changes and adjusted my strategy to be more short term and less long term.  Also, taking in more starbonds (less volitale, but easy to predict).  I might not make millions on each starbonds like moviestocks, but it keeps my port in the green. 

This past week alone, my port has made over 4 million, whereareas you are talking about losing close to 10 million.  But, you also said you dumped alot of stocks recently which probably contributed to that figure. 

You also complain about where you live and how the changes adversely affects you.  Since the removal of "gutchecks" and allowing stocks to be halted on Saturdays instead if Friday, you should benefit greatly from that.  For me, the Friday predictions come out around 3 or 4 in the morning on Saturday (EST).  For you, the numbers are out 8 or 9 am on a Saturday with you living in the UK.  Don't know about you, but I would love to not stay or wake up at 3 or 4 in the morning to see the overnight numbers for opening weekends to see if there is money to be made. 

My suggestion to you, take a few days off and don't worry or keep working yourself up.  Come back and try work in a new strategy.  This upcoming weekend has 3 movies coming out and most likely one will either do better or worse than their current stock price.

Old player needs to know how the other big portolio players are doing swordfish1 Jan 09, 06:41

I know I'm losing over $2 million a day ($7 million yesterday). Right now I'm trying to ride it out and hope things turn around. {nm} Mojave Jan 09, 08:55

I posted on Stars about my biggest losers, all held the "right"way, and someone criticised my strategy. I have reversed and radared and BUY StarBondFund Short the Pats Jan 09, 09:57

I'm with you... I saw your post below (sure you saw mine)...I'm still 'red' every day, and if I'm 'green' it's usually just $200K or so.. Flash Jan 09, 10:24

i thought the same swordfish1 Jan 09, 11:51

hope you folks stay I know its hard {nm} An Old Actor Jan 09, 21:10

im keeping quiet swordfish1 Jan 10, 07:55

I'm not really going anywhere...but I'm gonna have to re-think how I'm playing... {nm} Flash Jan 10, 08:52

hope you folks stay I know its hard {nm} An Old Actor Jan 09, 21:10

I saw HUGE gains for weeks after the share increase. Now I'm in the same boat you are. Lost over 7 mil in 3-4 days. Rigit Jan 09, 16:36

Change your Strategy LTSDOYCA Jan 09, 13:14

It's January JohnTEQP Jan 09, 21:06

January is generally a great time on HSX - the openers might not be much, but Christmas movies with great legs, big delists mean cash gets RogerMore Jan 10, 07:27

I can't seem to have a bad day (knock on wood). Well, maybe one or two in a couple of weeks. I'm usually not too active at trading. edzep Jan 09, 21:44

edzep, like lobogotti the other day, it sounds like you are describing my playing style ndmaster Jan 09, 22:12

This is the answer. My portfolio is growing at a rate I have never seen before, and has sustained that growth since the move to 75K limits. RogerMore Jan 10, 07:48

Oh yeah, and many traders still don't get that: about 2/3 or so of all stocks should be held SHORT. edzep Jan 10, 08:03

Traders are afraid of getting burnt if there's news and the price moves up suddenly. But it's a lot better to take the hit on breaking news RogerMore Jan 10, 08:08

Oh, one more thing - I haven't found it very helpful to go chasing the money on stocks that have already moved. RogerMore Jan 10, 08:04

Agreed. I almost never trade other than the days IPO's and can't stop making money. {nm} shadowking Jan 10, 07:57

Lost over 7 million in the past 2 weeks. The only positive has been Starbonds. {nm} laujer Jan 10, 07:32





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