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Beginner's Guide to the Hollywood Stock Exchange

By L. Vincent Poupard, published Aug 14, 2007
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The Hollywood Stock Exchange can be a little bit intimidating once you first start. You have to wonder what you are going to buy, and when to play certain options. I have created a beginner's guide for the Hollywood Stock Exchange so that you can be raking in the virtual dough in no time.

Initial Portfolio

When you first create an account, you will be given the option to have a default portfolio, or to create one yourself. It is best to create the portfolio yourself. A portfolio that is created by the site will allow for increases, but not the large increases that you are hoping to make.

As you are creating your initial portfolio on the Hollywood Stock Exchange, put all of your virtual money into movie stocks. While the other options such as Star Bonds, and Movie Derivatives might look enticing at first, these will have more of a stabilizing effect for your portfolio then anything else. You want to make as much virtual money as possible at first.

Search for a big movie that is opening over the coming weekend, and invest everything you can in it. Chances are good that if the movie is expected to do a lot over the opening weekend, it will do well that weekend on the Hollywood Stock Exchange.. This will drive the price of the stock up on Sunday. It might go down some in the days leading up to the weekend, but you might end up having a huge increase on Sunday.

Free Virtual Money

If you look on the left side of your portfolio, you will see a box that says, "Need H$ Click Here." This will take you to a screen that gives you options for free virtual money to use on the Hollywood Stock Exchange.

The first option is, "Cold Cash." If you select this, you will see four banners. If you click on any of these, two windows will pop up. One window will be the site that you are directed to, the other will tell you if you won H$50,000 for selecting it. You can do this once for each banner each day. Make sure that you have enabled pop-ups for the Hollywood Stock Exchange.

Beginner's Guide to the Hollywood Stock Exchange

Tips and tricks for the Hollywood Stock Exchange.

Credit: Public

Copyright: Public

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Very interesting!

Posted on 08/15/2007 at 11:08:00 AM

 
great article!

Posted on 08/14/2007 at 9:08:00 AM

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