HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
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.
Contrary to those suggesting shorter term strategy, I think long-term holdings are key. Uh, as long as you're holding most of them the right way... it's constant cash flow. I mostly keep an eye on the daily top and bottom dozen or two movers, and ignore the rest of my 1500 stocks. I may sell off partial holdings, or turn some around. But, it doesn't pay to obsess over every stock moving the wrong direction.
Think about this: if you could hold 750 stocks at full position, and they averaged a 10 cent gain on the day, you're looking at H$5.6 Million gain! OK, so you can't afford that much stock. The point is that small movements can make a LOT of money. Or, as some of you may be seeing... can lose you a LOT of money.
Old player needs to know how the other big portolio players are doing Jan 09, 06:41
i thought the same Jan 09, 11:51
hope you folks stay I know its hard {nm} Jan 09, 21:10
im keeping quiet Jan 10, 07:55
I'm not really going anywhere...but I'm gonna have to re-think how I'm playing... {nm} Jan 10, 08:52
hope you folks stay I know its hard {nm} 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. Jan 09, 16:36
Change your Strategy Jan 09, 13:14
It's January Jan 09, 21:06
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. Jan 09, 21:44
edzep, like lobogotti the other day, it sounds like you are describing my playing style Jan 09, 22:12
Oh yeah, and many traders still don't get that: about 2/3 or so of all stocks should be held SHORT. Jan 10, 08:03
Oh, one more thing - I haven't found it very helpful to go chasing the money on stocks that have already moved. Jan 10, 08:04
Agreed. I almost never trade other than the days IPO's and can't stop making money. {nm} Jan 10, 07:57
Lost over 7 million in the past 2 weeks. The only positive has been Starbonds. {nm} Jan 10, 07:32
