What are “Plays”, and how come they seem more complicated than necessary?
Plays are unique to Tipping Monkey that allow members to group a number of trades associated with a specific stock into a single unit. Think of them as mini-portfolios that are associated with a single stock. Every trade must “belong to” a Play, and that’s why you are asked to create a Play before you can place a trade. For stock traders, Plays may not be too useful, and can cause confusion initially. However, Plays are designed to help people compare different trading techniques and learn. For example, if you compare shorting 100 shares of AAPL, and buying 100 shares of AAPL over a period of time, there is no easy way to do it except to create a portfolio, short 100 shares of AAPL in that portfolio, and then create a second portfolio, and buy 100 shares of AAPL. This will work, but will be quite a headache if you want to compare many positions on several stocks at the same time. You’ll end up with too many portfolios. But in Tipping Monkey, you can create two separate AAPL Plays in th
