HSX Forum
Playing & Trading Strategy
Is 3 Million.. A "Big Loss" to a port of a billion plus dollars.
MitchC
May 14, 10:27
a little less than 0.3%. nothing to sweat about, most of the losses are probably from commissions paid trying to chase volatile stocks.
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forlorne
May 14, 13:22
Thanks. Some stocks did take big losses. I guess the number just got my attention.
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MitchC
May 14, 13:39
The funny thing. With my "noticing the loss" I actually went up 13 places in the ranks yesterday, so maybe people took similar losses
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MitchC
May 15, 03:17
Yeah, that's a good barometer to see how you're doing. If you're down less than those around you, that's good.
ndmaster
May 15, 11:33
I see your point, nd. I've lost another $500,000 so far today. The port seems very volatile the last 3-4 days
MitchC
May 15, 12:34
you can sort columns by gains/losses daily. are you holding some of the soon to be or recently released movies that are likely overpriced?
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forlorne
May 15, 13:44
The only current movie I have is Avengers. I'm going to wait for that to delist.
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MitchC
May 15, 15:25
I have never dumped my port even when I have million dollar losses a day. Such thought has gotten me to over a billion. I just keep trying
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MitchC
May 15, 15:26
So, are you just running a bond portfolio, for all intents and purposes?
ndmaster
May 15, 21:48
Seriously? Down 0.1% is volatile?
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Antibody
May 15, 18:23
Come on, don't you know he's related to Madoff...
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ndmaster
May 15, 21:51
I get the urge to dump my port about once a month, then it comes back. Don't give up.
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GruntNoNeck
May 15, 14:39
Probably my biggest vice is if I short something that plunges, it goes back up, and then I dump it. I rush in spite of my total .
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MitchC
May 15, 15:29
Know why you short something, and what to expect. Then, if it goes your way, take profits, don't wait.
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ndmaster
May 15, 20:05
nd, I short something because it keeps going down. sometimes I sell, and it goes down more, so I rebuy, wait for more drop, then sell again
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MitchC
May 16, 04:43