Hehe. Sorry, Ernest. I hadn't logged on to hsx in the last couple days. Glad to have you on-board. 
HSX - Fantasy Football for Movie Nerds
- Thread starter Cracker Funk
- Start date
I just registered minutes before my post. So no worries.
This should be good fun, though. Looking forward to it.
This should be good fun, though. Looking forward to it.
Yay, Ernest!
It's the fantastic four! http://www.hsx.com/league/view.php?id=2520&msg=applied
I call dibs on Human Torch!
It's the fantastic four! http://www.hsx.com/league/view.php?id=2520&msg=applied
I call dibs on Human Torch!
So no trading yet? Is that the rule?
Oo, I know what actor I'm gonna buy.
For investment or recreational purposes?
For investment or recreational purposes?
No trading until the 4th of July. Although, it doesn't actually matter, because as league commish, I can (and am going to) reset everybody's league gain. So, whatev.
Welcome to the league, Dready!
Yay, Dready! http://www.hsx.com/league/view.php?id=2520&msg=applied
1 snoopyfunk
2 rayw
3 ZenSteve
4 Worthing
5 Dreadylocks
Now someone can be the Silver Surfer!
Unless... someone else wants to join and make this more of a The Avengers sort of group!
Yay, Ernest!
It's the fantastic four! http://www.hsx.com/league/view.php?id=2520&msg=applied
I call dibs on Human Torch!
How can you be the Human Torch AND Captain America?
I will play.
How can you be the Human Torch AND Captain America?
The scenario keeps shifting!!With Nick in I guess I'll take that Captain America collar, afterall!
Yay, Nick!!!! (Whenever boss-man gets around to it: http://www.hsx.com/league/view.php?id=2520&msg=applied )
We officially start trading at midnight EST?
I think the HSX market is closed until 9am pacific, JUL 4.
http://www.hsx.com/calendar/
Guess they don't care about no holly-daze out in Cali.
Works for me. I'll reset everybody's league gain at midnight.
The market never closes. What you have found is something that is absolutely crucial in this game -- the calendar.
The calendar lists when new stocks begin trading, when movie stocks stop trading, and when they adjust. These are very important dates to know, particularly when they adjust (and you need to know the formula for how they adjust).
I think some time tonight, I'll type up a quick tutorial. Not gonna give away all of my secrets, but a few pointers will just mean less headaches in figuring out how the game works. Not gonna give away my strategies, but we should at least all know exactly how the game works.
I've got a few other things to do tonight. But I'm a vampire, so I'll be up pretty late, as usual. You can expect a tutorial in the wee hours of the morning.
Okay, here's the tutorial --
First of all, go big or go home. You must always have all of your money invested. When you sell/cover, the next thing to do is buy/short/call/put.
Secondly, don't try going this alone. There are plenty of experts who make fairly accurate predictions, and offer some really handy tools. You've still gotta make your own strategies, and your predictions might not always agree with theirs, but you have no chance in hell of succeeding in this game if you don't use the resources available to you. Your best assets are in the bottom-two headings, Gurus and Past Performance.
Movie Stocks -- it's all about the opening weekend (and sometimes the aftermath). Most movies will adjust prices on Sunday, 2.7*opening box office. Some movies vary in opening weekend adjustment formula, and those formulas are all listed on the hsx calendar.
It's kind of foolish to buy/short movie stocks that are a long ways off from opening (ditto for star bonds that are a long way from adjusting). The immediate turnaround by investing in a movie that releases this week is much more profitable. You've got your experts who make their predictions, and you can make your own predictions, and if you feel the value of a particular stock doesn't match where you think it's going to adjust to then buy/short, and sell/cover as soon as it adjusts.
For the most part, the opening weekend is where you make your money, with movie stocks, and then you're done with that movie. However, in rare cases, you might feel like the opening weekend numbers are not going to pan-out to the the eventual de-listing price. For most movies, the formula is 2.7*opening weekend, and then it delists, four weeks later, usually somewhere in the ballpark of where it adjusted to. There are some movies though, that are worth holding on to (either as a buy or short). For example, if you think a particular movie is going to soar on opening weekend, but then fizzle out afterwards, you might want to buy for opening weekend, then sell and short after it adjusts.
Starbonds -- Don't overlook them. There is a ton of money to be made here. And just like movie stocks, it's all about the date of adjustment. The math is a little more complicated, but there are websites that will do the math for you (as mentioned above). Their numbers aren't always up-to-date, but their math is perfect and can be trusted (and you can input current numbers).
Anyway, starbonds work roughly the same as movie stocks. You invest in them by either buying or shorting. And then, after adjustment, you sell/cover. You decide if you want to invest in them based on how far off their market price is from their eventual TAG. The TAG is the average gross of their last five films. And the TAG adjusts when a movie they're in delists (four weeks after opening weekend). On adjustment, the fifth most recent movie is replaced with the most recent movie, so TAGs can swing quite wildly.
TV Stocks -- I don't know nothing about that. Nor do I want to. Explore at your own desire.
Movie Funds -- If this were the real world and we were working with real money, movie funds would be a safe, long-term investment. You ain't got time for that in this game.
Derivatives -- Definitely worth looking into. The investments tend to be rather small, but can yield huge profit margins.
If anybody has got any questions, don't hesitate to ask. And good luck; you're going to need it!
First of all, go big or go home. You must always have all of your money invested. When you sell/cover, the next thing to do is buy/short/call/put.
Secondly, don't try going this alone. There are plenty of experts who make fairly accurate predictions, and offer some really handy tools. You've still gotta make your own strategies, and your predictions might not always agree with theirs, but you have no chance in hell of succeeding in this game if you don't use the resources available to you. Your best assets are in the bottom-two headings, Gurus and Past Performance.
Movie Stocks -- it's all about the opening weekend (and sometimes the aftermath). Most movies will adjust prices on Sunday, 2.7*opening box office. Some movies vary in opening weekend adjustment formula, and those formulas are all listed on the hsx calendar.
It's kind of foolish to buy/short movie stocks that are a long ways off from opening (ditto for star bonds that are a long way from adjusting). The immediate turnaround by investing in a movie that releases this week is much more profitable. You've got your experts who make their predictions, and you can make your own predictions, and if you feel the value of a particular stock doesn't match where you think it's going to adjust to then buy/short, and sell/cover as soon as it adjusts.
For the most part, the opening weekend is where you make your money, with movie stocks, and then you're done with that movie. However, in rare cases, you might feel like the opening weekend numbers are not going to pan-out to the the eventual de-listing price. For most movies, the formula is 2.7*opening weekend, and then it delists, four weeks later, usually somewhere in the ballpark of where it adjusted to. There are some movies though, that are worth holding on to (either as a buy or short). For example, if you think a particular movie is going to soar on opening weekend, but then fizzle out afterwards, you might want to buy for opening weekend, then sell and short after it adjusts.
Starbonds -- Don't overlook them. There is a ton of money to be made here. And just like movie stocks, it's all about the date of adjustment. The math is a little more complicated, but there are websites that will do the math for you (as mentioned above). Their numbers aren't always up-to-date, but their math is perfect and can be trusted (and you can input current numbers).
Anyway, starbonds work roughly the same as movie stocks. You invest in them by either buying or shorting. And then, after adjustment, you sell/cover. You decide if you want to invest in them based on how far off their market price is from their eventual TAG. The TAG is the average gross of their last five films. And the TAG adjusts when a movie they're in delists (four weeks after opening weekend). On adjustment, the fifth most recent movie is replaced with the most recent movie, so TAGs can swing quite wildly.
TV Stocks -- I don't know nothing about that. Nor do I want to. Explore at your own desire.
Movie Funds -- If this were the real world and we were working with real money, movie funds would be a safe, long-term investment. You ain't got time for that in this game.
Derivatives -- Definitely worth looking into. The investments tend to be rather small, but can yield huge profit margins.
If anybody has got any questions, don't hesitate to ask. And good luck; you're going to need it!
Question:
You only have 2,000,000 right? If you lose it, you're done. No refreshing or anything, right?
You only have 2,000,000 right? If you lose it, you're done. No refreshing or anything, right?
Correct. Except you will never lose it. In the real world, the market occasionally crashes, and some people lose everything. In hsx, the market never crashes, and it's only a question of how much money you can make, and how fast.