does anyone use stockmarket

[craigb]

anyone use stockmarket that can help me out :O ?

[Kittyn]

I do, although I can't say that I'm very good at it. basically, what I do is take about 5k when I feel like it and go buy 100 shares of stock that I like. usually, I buy stock that's closest to the 15NP trading price. then I check every day (sometimes twice a day). so far, nothing has gone high enough that has made me want to sell it. but the stock market is not a quick way to make NP. it takes a lot of patience!

[craigb]

mines wer going high , then dropping really low :(

[Kittyn]

mine too. I've invested almost 19k, but so far my shares are only worth 15k.

 

the Neodaq index (found by clicking on news/research in the stock market) can give you a pretty good idea of how your portfolio is going to look that day. granted, it's an average of ALL the stocks in the market, but still. anyway, just glance it over every day.

 

set a selling goal for yourself! currently, I'm holding all of my stock unless I can make at least a 1k profit from it.

[craigb]

chat in here btw , thats my other one your replying to also hehe

 

and i just sold mine because they were not going up at all , i made like 8k profit then it kept going down and down everyday :(

[flyingeevee]

It's good to buy 1,000 shares daily (I haven't used it in a while until I got some profit today) so you'll be investing15,000 nps whenever you buy 1,000 shares.

 

The best thing to do after buying is to play the waiting game. I usually wait until my stocks hit over +300% before selling. It's way more promising in my opinion to wait that long so you can get more out of your nps.

 

I haven't used the stock market in a while but I check daily on the current ones I have. One of my stocks reached over +300% today so from my 15,000 invested, I got 84,000=69,000 nps in profit!

 

If you don't have the avatar for the stock market, my advice is to try investing everyday until you get the avatar and then take a break (unless you want to keep going) and fer sure you'll have some mad profits :laughingsmiley:

 

The stock market takes a long while before any of those stocks reach up that high, but it's worth it.

[Kittyn]

It's good to buy 1,000 shares daily (I haven't used it in a while until I got some profit today) so you'll be investing15,000 nps whenever you buy 1,000 shares.

 

The best thing to do after buying is to play the waiting game. I usually wait until my stocks hit over +300% before selling. It's way more promising in my opinion to wait that long so you can get more out of your nps.

 

I haven't used the stock market in a while but I check daily on the current ones I have. One of my stocks reached over +300% today so from my 15,000 invested, I got 84,000=69,000 nps in profit!

 

If you don't the avatar for the stock market, my advice is to try investing everyday until you get the avatar and then take a break (unless you want to keep going) and fer sure you'll have some mad profits :laughingsmiley:

 

The stock market takes a long while before any of those stocks reach up that high, but it's worth it.

 

hmm, that sounds like a good idea. I may have to raise my selling goal... I'm still gonna only invest 5k at a time though, just because I've got several very expensive dreamie goals!

[Olivia_D]

I had a lot of questions about this too. Thanks for the good tips!

[craigb]

how much np use got :O ?

 

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[Iona]

It's good to buy 1,000 shares daily (I haven't used it in a while until I got some profit today) so you'll be investing15,000 nps whenever you buy 1,000 shares.

 

The best thing to do after buying is to play the waiting game. I usually wait until my stocks hit over +300% before selling. It's way more promising in my opinion to wait that long so you can get more out of your nps.

 

I do exactly the same thing.

 

--------

 

Today I sold 1000 SHRX shares for 63,000NPS. I'd bought them for 15,000NPS. So I made 48000NPS.

 

So far I've made around 500k profit from the stock market and have about 1.2mil invested in it.

 

The process involves a lot of waiting, but not a lot of effort, which is why it works for me :P

 

Oh and, never sell your shares at a loss. Wait until there's at least a little profit, it's worth it.

[craigb]

how long did u wait :O?

 

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[Iona]

I can't remember. I buy 1000 shares for 15000NPS almost every day.

It does take a lot of waiting, but when you have a lot of different shares, you have a lot of opportunities. I tend to just buy my shares then check if any of my previous shares have reached +300%. If they have, I sell them. If they haven't, I just leave and check again the next day.

[craigb]

might try it again :D

 

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[Iona]

Okay, best of luck :)

 

By the way your word count is a little short in a few of your posts. Try to make sure you have at least 7 words in each of them (forum rules).

[craigb]

thanks :D

 

and i didnt know it hadty be a certain amount :O

[Iona]

That's okay, just read the forum rules here:

http://www.tdnforums.com/index.php?/topic/6361-the-daily-neopets-forum-rules/

[craigb]

ok doky

 

thanks for showing me that :D

 

can you get banned if you keep posting less that 7 words :O?

[Iona]

It pretty much says on that rules page I showed you.

Like with any other rule, if you keep repeatedly breaking it knowingly, then there is a chance you could get banned.

But you're pretty new here so don't worry. Just try to keep to the rules in future and everything will be okay. :)

[craigb]

ok :D

 

thank you for the tips :D

 

long you being playing neopets for :O ?

[Iona]

No problem. :)

 

I've played on and off for 7+ years. Yourself?

[craigb]

thats long :O

 

and only like 3 weeks haha :P

[flyingeevee]

Every stock takes time before they go up that high. I think I've had that stock for months before it got to +300% lolz xD

 

Just as long as you don't mind waiting and remember, it's like a second bank so you're not losing any of those nps unless they go bankrupt (which is VERY VERY rare).

[craigb]

cool cool :D

 

i just bought 1000 stocks :D

 

hopefully a get a good profit :D

[Iona]

Good luck :)

 

Everything flyingeevee has said is good advice. You should note it down. :P

[FluffeeBunny]

While on the subject, does anyone know what times the stocks change prices? I know it happens more than once per 24 hours. Is there a set time like every 12 hours or can it randomly change every hour?