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THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
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The best time to sell is when you have a better option for your money elsewhere. It also depends on your trading style, size of port, etc
Posted by: RogerMore on Feb 03, 08:27 in response to music4life's post Fairly new member. Can anyone help me out?
For example, if you have a very small port and you're holding an opener that you expect to adjust at close to its current, HSX price, the best time to sell may be just before opening weekend. The benefit is that you can use the money to trade over the weekend rather than have it locked up until Sunday. The obvious downside is that if the movie surprises and adjusts way up (or down), then you'll miss out.
Obviously, if you expect there to be a big opening adjust then you should stay invested in the stock.
If you do hold an opener over the weekend, you should consider your options immediately after adjust. Most movie stocks fall in price the day after their opening adjust as traders move on to other, more profitable options like Tuesday's starbond adjusts or future openers.
Fairly new member. Can anyone help me out? music4life Feb 03, 08:01
The best time to sell is when you have a better option for your money elsewhere. It also depends on your trading style, size of port, etc RogerMore Feb 03, 08:27
Here's some tips for building your port faster that I posted on Board 2 here... (Back boards have lots of useful info...check them too!) Flash Feb 03, 09:03
also im new but i can give you stuff that helped me mbking92 Feb 03, 21:04
Starbonds are probably the second best way to make money after openings dupa Feb 04, 10:04
I second this, I've been trading for about 6 months and I've made most of my money (up to H$$61M) trading starbonds {nm} lapuckfan Feb 04, 10:16
Would echo the point that you should look for easy money first SPrasad2 Feb 05, 08:56
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