HSX Forum

Playing & Trading Strategy

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.

Posted by: Rigit (a.k.a beaner) on Jan 09, 16:36 in response to Flash's post I'm with you... I saw your post below (sure you saw...

My response has been to limit exposer. Watching the new graphs on individual stock pages can sometimes lend you a hint but prices change so much in minutes it negates the new resource. With the new shares limit and the change to the nearest penny stock prices are artificially violent. When the share limit goes to 100K mayhem is likely to result.

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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