I have started to be active with the stock market, I would really like to have some tips before I go further on. I have a couple of guides to refer to but I dont believe they will help me much. If you could give me some tips or a link to a guide that would be greatly appreciated!
Stock Market Help
Mon, 27/07/2009 - 4:52pm
#1
Stock Market Help
Mon, 27/07/2009 - 7:31pm
#2
There's really only a few basics to the neopets stock market.
1. Buy 1000 shares every day.
2. Make sure the shares are only 15 NP each. You can't buy when they're lower than this and you minimize your gain if you buy higher.
3. Wait to sell until it goes up quite a bit. If you're terribly poor, I'd sell when your stock hits 50-ish. If you have money to throw around, wait until it peaks well over 100.
I've been playing the stocks for a long time, and that's really all there is to it -- in my opinion.
Mon, 27/07/2009 - 8:46pm
#3
Stocks are easy like the person above me wrote:
Buy at 15 everyday and try to diversify your prot.
Sell at a minimum of 60 unless you really need the neopoints then sell for less.
Stocks is a waiting game but after you have a lot invested it does turn to be proftiable.
Mon, 27/07/2009 - 8:48pm
#4
"1. Buy 1000 shares every day.
2. Make sure the shares are only 15 NP each. You can't buy when they're lower than this and you minimize your gain if you buy higher." (supre)
3. Sell between 50-60.
That's how I do it :)
Tue, 28/07/2009 - 6:16am
#5
Yea thats kinda what I do. But I sometimes sell them at around 35. Is there any guides out there that I can follow?
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http://www.neopets.com/browseshop.phtml?owner=leelo513&misc
Tue, 28/07/2009 - 10:37am
#6
Hey leelo!
I would say it exactly like the people who've posted in here.
If you are poor, still buy 1000 np/day from a 15np/share stock and sell it when it is 40np/share.
If you are really poor you can sell a bit lower, but I would suggest you keep them until they go above 40np/share.
The first few weeks will be harder when you absolutely don't have many neopoints (I don't expect this to be like this in your case), so you can sell some at 30-40np/share to reinvest.
But otherwise, you better save them up and build a nice portfolio.
When your portfolio gets bigger, you can increase the value you'll be selling at.
I now have almost 300k shares in my portfolio and I sell around 70-75np/share.
The bigger your portfolio, the higher the chance some will raise over your sellingpoint and the more shares you'll be able to sell from those who peak!
Good luck!!! :)
Tue, 28/07/2009 - 12:12pm
#7
Thanx! any links to guides though?
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http://www.neopets.com/browseshop.phtml?owner=leelo513&misc
Tue, 28/07/2009 - 12:51pm
#8
http://neopets.com/~Gloisaina
http://www.neopets.com/~KegglesJr
http://www.neopets.com/~stocktycoon
http://www.neopets.com/~plavias
http://www.neopets.com/~daundest_blue
http://www.neopets.com/~dogooderneoneo
http://www.neopets.com/~Jatair
http://www.neopets.com/~jazzember
http://www.neopets.com/~Kuraddo
http://www.neopets.com/~MySharonRose
http://www.neopets.com/~silvercyanide
Tue, 28/07/2009 - 2:44pm
#9
thanx!
~~
http://www.neopets.com/browseshop.phtml?owner=leelo513&misc