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thanks. that kinda answered a bit of the question, but still left a giant gaping hole in where the money comes from...

Posted by: jnafarrate on Mar 10, 15:35 in response to islander's post did you see the thread on the players board? some players...

here's the chain of conversation:

"You are buying contracts from other traders. Lets say you brought Alice from me at $200 and it delists at $300, then I must pay you the $100 difference. "

and you ask:

"If i bought a stock at $100, then it went up to $200 and i sold it thinking I was up a $100, but then the film had legs and went to $300, I wouldnt have made anything?"

and the response was:

"If you bought at $100 and sold at $200, then you made $100 profit (minus commissions). The price after that has no effect on you. If it went to $300, then that just means you sold too early and missed out on an additional $100 profit."

Then the question is still there! Where did that extra $100 of profit come from!?!?!?!?!?

curious about cantor when it goes live: after the 4 weeks, will it still cash out? and where does that money come from? {nm} jnafarrate Mar 10, 12:34

Not sure what you mean, but you can email customerservice@cantorexchange.com with any questions. {nm} Antibody Mar 10, 12:56

will do, but i hope you dont mind me discussing it here for all us future players gaining some knowledge. {nm} jnafarrate Mar 10, 13:14

still cashes out. people deposit money.. its not longer fantasy land. {nm} newhere Mar 10, 13:02

right i get that. what i am saying is... (using purely hypothetical numbers) say i buy shares/contracts of airbender @ $100/per before jnafarrate Mar 10, 13:19

on one level, it comes from the traders who held the opposite position {nm} mickpix Mar 10, 13:49

ok. so that accounts for some money. but the majority of players on hsx grow their port. some are dumb, but not dumb enough to bleed out jnafarrate Mar 10, 13:51

HSX is not a zero sum game - the system adds money to the game. warcraft86 Mar 10, 17:41

of does cantor work like calls & puts in the real life stock market? where youre buying the contract at a strike price and you have to jnafarrate Mar 10, 13:57

did you see the thread on the players board? some players answered similar questions i had > islander Mar 10, 14:50

thanks. that kinda answered a bit of the question, but still left a giant gaping hole in where the money comes from... jnafarrate Mar 10, 15:35