HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
The only extra $100 is see is because you used different purchase prices in your examples.
1)If you bought 1 contract at $200 and then it cashed out at $300, you make $100, and the person who sold it to you at $200 loses $100.
2)If you bought 1 contract at $100 and then sell at $200, you make $100, no matter what happens after you sell it. If it goes on to cashout at $300, whoever you sold it to will make the other $100.
It's a zero sum game. For every contract you buy, someone has to sell. For every $1 you make, someone loses.
curious about cantor when it goes live: after the 4 weeks, will it still cash out? and where does that money come from? {nm} Mar 10, 12:34
Not sure what you mean, but you can email customerservice@cantorexchange.com with any questions. {nm} 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} Mar 10, 13:14
still cashes out. people deposit money.. its not longer fantasy land. {nm} Mar 10, 13:02
on one level, it comes from the traders who held the opposite position {nm} Mar 10, 13:49
HSX is not a zero sum game - the system adds money to the game. Mar 10, 17:41
did you see the thread on the players board? some players answered similar questions i had > 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... Mar 10, 15:35
who cares. as long as i get paid value, they could steal it from little old ladies pensions as far as i'm concerned {nm} Mar 10, 15:46
as usual, youre always so helpful mpix. {nm} Mar 10, 15:56
Actually all of the.... Mar 10, 17:33
The only extra $100 is see is because you used different purchase prices in your examples. Mar 10, 17:34