@deftangel, It is true that there are things about GLS that made it not as attractive as futures, while there are things about futures that made it not as attractive as GLS.
In fact, my investment is mostly in futures up to May or June, when there was still S/W futures to trade on. Once there was no S/W futures, I then started to invest in GLS.
So far, I mostly invested in small amounts (less than 2 Million) in GLS, so there was no big problem when I tried to get out. And I tried to get at least 30% margin, so I got some leeway when trying to cash out. In your example, if you believed that ultimately, GTAIV GLS should be 4 Million, I will only invest if the price is above 5.2 Million (4 Million + 30% margin).
So far, my Top 3 GLS investment is on Diablo 3 (8 Million), Halo Wars (4 Million) & GoW3 (3 Million). I am looking forward to see how those investment pan out (whether I would have difficulties like you and soupsoup mentioned regarding cashing out of GLS). Wish you luck on your futures playing.
About GTAIV PS3, I just realized that my own prediction for it was still 7.5 Million, which is what I decided before actual release. I changed the estimate, but lost that info when my laptop was stolen August 08. My last simEx data backup was on May 08, so I lose 3 month data :(
@Mushashi, "possibility of large DKP investment for maximum profits/losses" I don't like the bolded part, since that is the negative parts of futures. I have been burned badly before, like on CC:FF7 March 08, Prof Layton Feb 08, Wii Dec 07. Had you suffered a big loss from futures in the past ? Anything that cause you loss of 1 Million DKP or higher ?
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It is true that there are things about GLS that made it not as attractive as futures, while there are things about futures that made it not as attractive as GLS.
In fact, my investment is mostly in futures up to May or June, when there was still S/W futures to trade on. Once there was no S/W futures, I then started to invest in GLS.
So far, I mostly invested in small amounts (less than 2 Million) in GLS, so there was no big problem when I tried to get out. And I tried to get at least 30% margin, so I got some leeway when trying to cash out. In your example, if you believed that ultimately, GTAIV GLS should be 4 Million, I will only invest if the price is above 5.2 Million (4 Million + 30% margin).
So far, my Top 3 GLS investment is on Diablo 3 (8 Million), Halo Wars (4 Million) & GoW3 (3 Million). I am looking forward to see how those investment pan out (whether I would have difficulties like you and soupsoup mentioned regarding cashing out of GLS). Wish you luck on your futures playing.
About GTAIV PS3, I just realized that my own prediction for it was still 7.5 Million, which is what I decided before actual release. I changed the estimate, but lost that info when my laptop was stolen August 08. My last simEx data backup was on May 08, so I lose 3 month data :(
@Mushashi,
"possibility of large DKP investment for maximum profits/losses"
I don't like the bolded part, since that is the negative parts of futures. I have been burned badly before, like on CC:FF7 March 08, Prof Layton Feb 08, Wii Dec 07. Had you suffered a big loss from futures in the past ? Anything that cause you loss of 1 Million DKP or higher ?