HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
I'm gonna go with a big fat no! Let market do what the market it is going to do. No one is making us participate in these swings and flips.
It's funny, no one says anyting about wild market movement when it benefits their portfolio. You know what I'm talking about, those HUGE up days when market momentum is moving your holdings 10 or 20 bucks in one direction without looking back. On THOSE days, I have yet to see the post that reads:
"I made too much damn money today. Can we please limit trading to prevent this? I just can't handle all this prosperitiy."
But the second we have a crazy day like today when you can't make or hold onto a cent, there are rumblings to change the rules of a "free" market? Which is weird, because at the same time, you're attempting to convince me that you can hang and don't mind playing the numerous market swings and reversals thorughout the day. AND I BELIEVE YOU!! I believe you because you have a freakin' 10 million dollar portfolio! Clearly know how to make money here. But I would think your losses are like a mosquito bite compared to what the rest of us feel on ugly days like today.
Which begs the question: Why do you want to limit flips? To me it sounds like you want to limit flips only to make YOUR life easier when YOU'RE not preoccupied watching a football game or something. That's kind of narccisic and selfish don't you think? What about the rest of us? How about giving US a chance to make our 10 million dolllar port playing the flips just like you did? I'm sure the size of your port probably makes it cumbersome to deal with, but that's a problem I'm willing to bet most of us would love to have. So come on Donald Trump, how about giving US a chance to make OURS without limits why don't cha.
Personally, I'm not a big fan of putting governors on trading. If it were up to me, every Sunday when the stocks come off the halt I'd let them trade freely. I say let the market do what it's gonna do. If you don't have the stomach for it -- sell your holdings by 1pm on Saturday and don't jump back in until it's safe. (I got out today about an hour and a half after free trading started. Enough was enough.)
By the way, at the end of the day whether you're up or down -- it's still fake money.
Anybody with me on this?
I think HSX needs to get control of this. It's a crap way to make money... Sep 19, 22:01
Then just hold it one way and stop worrying so much about flipping and riding it up and down. Sheesh. {nm} Sep 20, 10:09
You do realize I'm a daytrader, don't you? I think it's genetically impossible for me to ignore movement... Sep 20, 10:27
Heh .. I second that. {nm} Sep 20, 12:08
i actually like it at 50K cause it can really help you alot more than 20k it makes it more challenging i think {nm} Sep 20, 21:16
Commission-free trading Sep 21, 10:24
ach ... their not there. {nm} Sep 21, 17:16
Why was the studio moviefunds cashed out? {nm} Sep 22, 16:01
I'm gonna go with a big fat no! Let market do what the market it is going to do. No one is making us participate in these swings and flips. Sep 19, 22:41
10 Billion with a capital B. I'm ambivalent; I just ignore Saturday swings, except for my futile effort today. {nm} Sep 19, 23:01
Yes, I meant Billion. (I'm so HSX poor I'm just used to typing million. Billion isn't even in my HSX vocabulary.) {nm} Sep 19, 23:16
This isn't one stocks moving because of news or other reasons this is just up a tick and down a tick. After taking Sep 20, 01:08
i agree with you, stock flips should be allowed maybe 10-20 times per day, per port. Sep 20, 07:00
HSX was able to control this type of flipping in the last version, they should be able to do it now, too... Sep 20, 09:25
Why not just do something similar to what they've done with limit orders? Sep 20, 10:46
why dont you just quit playing, then. Sep 22, 07:56
Why on earth should a stock even flip that much unless there are traders manipulating it? {nm} Sep 20, 10:08
so what if a stock flips and flops, theres no law says you have to play it. {nm} Sep 20, 10:08
Eliminate commish free and be done with it. {nm} Sep 20, 10:15
I like the way you think {nm} Sep 20, 10:53
This is where I stand. Do away with commission free. {nm} Sep 20, 17:11
Nay {nm} Sep 20, 10:35
Why not just do something similar to what they've done with limit orders? Sep 20, 10:47
Nay! I say let a stock flip as much as traders cause them to flip. There are bigger problems to address first. Sep 20, 11:06
How do you figure that? It flips up, then it flips down, then up, then down, etc... won't it either end up down or up? {nm} Sep 20, 20:50
Right, except one Sat.evening or morning(PST) in late July, this person(s) took SHRK4 up 20-30 points. {nm} Sep 21, 15:57
That was pure manipulation. Had nothing to do with trading. I think that was probably somebody hat had a beef with HSX. {nm} Sep 21, 23:51
So you support these unusual 3% or more manipulations but you are against constant fluctuations at a smaller percentage? Sep 22, 16:34
