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The Moment The mockumentary The Moment stars Charli XCX as a pop star about to headline her first arena tour. Rosanna Arquette...
Screamboat Screamboat reimagines the 1928 animated short "Steamboat Willie" by Walt Disney as a horror film. A killer stalks...
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Would echo the point that you should look for easy money first
Posted by: SPrasad2 on Feb 05, 08:56 in response to music4life's post Fairly new member. Can anyone help me out?
If I started now with a $2M portfolio, I'd look for every easy risk-free way to make money and build up the port quickly. I wouldn't take any risks at all--one bad adjust and you could effectively be zeroed out.
1) Check out the bond charts at Project Genome and play the weekly adjust, starting with those with the highest dROI
2) See if there's a spread between a stock price (esp. post adjust) and its CX derivative. If there is, buy the underpriced one, short the overpriced one, and pocket the difference as risk-free profit. Prioritize the ones delisting soon (which has the added benefit of saving you the commission on the back end post delist).
3) When there are holiday warrants, see if any are arb (AVATAR, cough, cough...) and max out on that
4) Figure out other ways to look for free money. I've posted on the Movies Board something rather complicated re puts and calls, but I think for certain situations, it makes a ton of sense, especially if there's a big spread right before halting, because it lets you make some quick money with zero downside.
At a $2M port, the goal needs to be value preservation as well as value creation. Once you get to a $50 or $100M port, you can put down more speculative bets and play more openers without putting the entire port at risk.
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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