[center] Most people I know don't sell until a stock reaches 60... I'm lazy though, so I typically sell at 30, or sometimes even 20 (which is next to no profit at all. :O) ------------------------------------------------------------------- [url=http://www.neopets.com/browseshop.phtml?owner=raine_storme&misc]~~ Come visit my map shop ~~[/url] [/center]

I've been doing stocks for awhile. I buy 1k stocks every day at 15NP. I only sell a stock once I get at least 400% profit. But if you are in dire need of neopoints, people usually settle at 200% profit. Never sell at no profit. Stock market requires patience and what you invest every day does not necessarily "grow" exponentially. In average, I sell one of my stocks at 400% profit at least once a month. It really depends on how many different kind of stocks and its quantity you have. Currently, I have 200k stocks so I can pretty much estimate how much I earn from stocks a month. Remember, the more you spend time buying 1k stocks at 15NP every day, there's a higher probability that you will get a specific stock that could potentially reach you a 400%+ profit in some time.

Ive usually heard the strategy as buy 1k shares when a stock is at 15 and sell at 60. Profiting in the stockmarket is all just a game of patience. Nothing has gone bankrupt in years, and pretty much all stocks will rise given enough time. I think 60 was chosen as an arbitrary number based on it being a high number that given the typical price cycle of a stock it should hit in a reasonable amount of time. The strategy is good because its mindless, and doesnt require constantly checking the stock market or concerning yourself with small fluctuations in price. I only check stocks once a day when I buy my 1k shares, if something is in the 55-60+ range I sell, if it isnt I dont check again until the next day. Its hard to get np into the stock market b/c of the 1k limit, so I think selling at 30 undercuts your profit potential. If you sell at 30 your kinda throwing away 30k profit that you would have made when the stock hit 60. As your port grows you can also raise your sell point or stagger it. For example I sell a percentage of my shares at 55-60, then some more around 75-80, and then the rest in case it hits 100. You have sales less frequently with this, but it builds your port and you get more profit if your willing to wait. I wouldnt raise your sell point until you have a decent amount invested though. The strategy is also good b/c it gives you a diverse portfolio since the stocks at 15 will vary. Some stocks rise and fall more quickly then others. Neodaq has a stock report card where they rank stocks based on how frequently they rise to 60. So perhaps if you want to take initiative to have your portfolio contain mostly stocks that wont get stuck at low values forever before they rise you could try to to buy things in the 15-18 range to give yourself more options and choose stocks with high ranks on the neodaq. I know since ive been in the market theres a handful of stocks ive sold and rebought more then the others, like one being ACFI. I would definatley recommend investing the sooner you start, the sooner your port starts growing :)

I buy 1000 stocks at 15np each day. Or 15000np. I sell them at 30np or more, thus doubling my investment or 30000np-way better than banking np:) It takes patience to wait long enough but well worth it.

[quote=kermat13]Do all stocls eventually get to 60? Books! Reasonable Prices!! http://www.neopets.com/browseshop.phtml?owner=kermat13&misc[/quote] Most of the time all of the stocks will eventually hit 60. Rare times, a stock will go bankcrupt but this shouldn't be the reason why you do not want to be involved in stock market. If you have enough patience, you will see more profit than losing. I've actually never bought a stock that went bankrupt and I've been doing this in awhile so most likely, you will always earn neopoints if you do sell 16NP and above.

I've been playing the stock market for many years; near 1.5 million shares (near 22 million NP in shares). I generally don't sell these days. For a variety of reasons. Firstly, the buy at 15 sell at 60 is the 'ideal' strategy if you don't plan on playing neopets forever. The 60 sell point gives you the best return on your investment in terms of chance of the stock reaching 60, and the idea that you don't want to wait some years to sell something. This strategy is a little less worthwhile if you consider yourself a 'lifer'. Eventually, all stocks will go up past 100; you could argue for 200 or even 500 if you wanted to go crazy. The higher your sell point, the more you're making out of your investment, but the longer the potential wait before selling. With a sell point of 60, your port will plateau at just over 300k shares; by this time, on average, you'll be making roughly 30 sales each month and making 30 purchases each month. Each time you increase your sell point, you dramatically increase the point at which your portfolio will plateau; but it's a little more complicated than that. Some stocks just may never reach a very high sell point (depending on how the system works). I play a severe patience game; or you could say that I'm more interested in having a large port than making NP from the market. But that's not to say that I wont sell every share I have if the stock reaches 500. Generally, I sell only at 150 upwards. And you'll understand when I say that I've only made one of these sales in 2 years of playing; but it was a big one. And I don't sell all my shares at 150; only a portion of what I've got. I wait until later to sell more shares, ie 200, 250, 300 etc. I'd say it's best to stagger your sales in any circumstance. If you want to start at 60 and work in 15np increments, then that's great. But I tend to hope that big moving stocks have a higher chance of going the distance; if they've already made it to 60, then there's a fair to decent chance it'll go higher. Generally they don't, but I'm happy to wait for a bigger profit. It really just depends on how much you need the NP, and how long you intend to play neopets. I liken this strategy to investing in retired items. Buy a heap at a small price, then wait some years for the items to go up in price. Sure you could sell some at double to ten times your purchase price, but waiting longer brings in larger profits. It's just that some people have an issue with the idea of waiting years for an investment to pay off. I say that that time is going to pass whether you make the purchase or not. Buy up and wait it out.

I buy 1000 shares a day at 15k. I sell between 50-60. I'm not sure of the stats, but I thought people chose 60 because most stocks get to 60.

I buy 1000 shares every day for 15nps. and I sell at 30. I'm just too impatient to wait till 60 :/

I buy between 15 and 17, whatever sock I have the least of. I sell about half of a stock when it reaches 60, than about another fourth when it reaches 65 to 70. With this strategy my port has grown to 415k shares. If you were to keep selling at only double the price, then your port won't grow over 200k shares. I doubt it would anyway. I'd suggest selling at 45 if you want np, but also want port growth.