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I found that, as a beginner, playing OWs and opening stocks wasn't wise. PU and CAs maxed, and then wait for actuals and ride the # reaction {nm}

Posted by: Dales on Jul 13, 08:35 in response to JPS13's post Speaking as a beginner, "These weekends are killing...

Speaking as a beginner, "These weekends are killing me"! JPS13 Jul 13, 06:32

With a small port, play the facts, not your heart. Invest in guaranteed investments and returns, and ignore the hype and personal feelings. {nm} BSmurf Jul 13, 07:29

Yep, and there are plenty of opportunities on weekends like this to make what is essentially risk-free money. RogerMore Jul 13, 07:43

Agreed on personal feelings, though you're not catching up to me again because I clinged to SUPR2. :-) I'm just playing less for the... {nm} KalElFan Jul 13, 08:18

reasons below. The game's become too subject to nonsense and requires 24 hr. attention to every post. It'd never work as a real market. {nm} KalElFan Jul 13, 08:20

Not saying it's better this way (as I am relatively new) but real markets are subject to nonsense and spurious movements too {nm} Dales Jul 13, 08:31

Absolutely nothing like here leading up to release of a movie. Real markets like *THIS* would involve SEC-type jail time. :-) {nm} KalElFan Jul 13, 10:04

OH - like there is such a thing as SEC-type Jail Time. RotoHockeyYTD2013 Jul 13, 10:40

Madoff, Milken, and Martha (though she got less time :-)) would disagree. See also http://en.wikipedia.org/wiki/Market_manipulation {nm} KalElFan Jul 13, 11:19

It's just a game here, but the nonsense does become a drag after a while. Just sayin'. {nm} KalElFan Jul 13, 11:20

Buy low/sell high & never fall in love with your movie stocks PACRM ROCKS!!!! {nm} Richard In G Jul 13, 09:12

Stay away from the pre-release ups and downs, because it's worse than ever and often triggered by nonsense from many sources. {nm} KalElFan Jul 13, 08:14

By very late Friday or better Saturday a.m. or noon, when we have real rather than baloney numbers, there can be safe bets for newbies. {nm} KalElFan Jul 13, 08:16

I found that, as a beginner, playing OWs and opening stocks wasn't wise. PU and CAs maxed, and then wait for actuals and ride the # reaction Dales Jul 13, 08:35

This was a tough weekend. Hype skewed things. Other film was vastly underrated. It happens. {nm} thatpj Jul 13, 08:55

Which film was vastly underrated? {nm} slappydavid Jul 13, 10:41

GRWN2 thatpj Jul 13, 10:47

For your size port wait for hard numbers on late friday/early saturday and max the safe bet. Once it adjusts sell {nm} Chuckles21 Jul 13, 10:48

sell all and find the next sure bet to max. i have no idea why a port your size is invested in 28 different securities {nm} Chuckles21 Jul 13, 10:49

i check twice a day and pretty much make good money everyday because i play the sure bets. {nm} Chuckles21 Jul 13, 10:50

play the openers. thats how i made my biggest gains. with practice youll eventually be right much more often than wrong. adrenalin112 Jul 13, 11:08





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