The Official Stock Market Board

[frescort]

I only have 1k of LDSC and BUZZ so I'm hoping that they can reach 60! Also I hope that DROO or YIPP can go to 15 because all the other ones at 15 I have 2k. If not I'll just buy one of those.

[~Xandria]

Buzz is at 59! I'm waiting it out. I also have only 1k of it. I think it will reach 60 sometime later today. I have 4k of LDSC so I'm crossing my fingers that it will skyrocket ten points today. I bought BB at 15 today and my port is looking great! I'm also quite close to the avatar.

Totals: 49,500 761,000 842,500 +10.71%

[frescort]

Sold BUZZ at 61, but it looks like now it's 59 so just wait and it'll be back up soon I bet!

[Rebecca~]

Sold BUZZ at 61, but it looks like now it's 59 so just wait and it'll be back up soon I bet!

Curses, missed it at 60. Hopefully it rises again before I leave for work!

[Finn the Human]

Curses, missed it at 60. Hopefully it rises again before I leave for work!

It was at 65 but then went back to 57.

[~Xandria]

Awh, not cool. Now it's at 52. :sad01_anim: Wish I would have caught it at 65! I'm keeping a close eye on it now.

[Finn the Human]

Awh, not cool. Now it's at 52. :sad01_anim: Wish I would have caught it at 65! I'm keeping a close eye on it now.

I hope it goes up. But this was like KBAT for me. I missed 60 and it kept on going down. Its at 48.

[Clumsy rockyroad1]

At least I was able to sell 2k for 60-something.

[Finn the Human]

At least I was able to sell 2k for 60-something.

Now I'm glad I sold at 59! If I didn't, I would have to sell at 40.

[KaylaTheHedgehog]

I've finally achieved all my current goals, so I'd like to try my hand at the Stock Market. I have over 1M in my bank account, plus I can generally earn 15K a day from dailies and games. I do have a couple of questions:

 

1) I know that I need to buy the max 1000 shares a day, but I'm not sure how I should spread that out? If, say, there's only one company at 15, do I need to buy all my stock from that, or just buy part of them and wait until later in the day to see if any other companies fall to 15?

2) What's a good number of stocks to buy from one company?

3) How should I decide how many shares to sell when a company reaches my sell point? Do I need to sell it all, or just half or a third of it?

4) Can I get away with not buying stock on the weekends? I'm usually busy Saturdays and Sundays, so does it matter if I only buy stock during the week?

[Rebecca~]

I've finally achieved all my current goals, so I'd like to try my hand at the Stock Market. I have over 1M in my bank account, plus I can generally earn 15K a day from dailies and games. I do have a couple of questions:

 

1) I know that I need to buy the max 1000 shares a day, but I'm not sure how I should spread that out? If, say, there's only one company at 15, do I need to buy all my stock from that, or just buy part of them and wait until later in the day to see if any other companies fall to 15?

2) What's a good number of stocks to buy from one company?

3) How should I decide how many shares to sell when a company reaches my sell point? Do I need to sell it all, or just half or a third of it?

4) Can I get away with not buying stock on the weekends? I'm usually busy Saturdays and Sundays, so does it matter if I only buy stock during the week?

1) I normally buy 1000 shares of whatever stock I have less of. I spread it out between numerous stocks at the beginning (500 shares of stock A, 250 of stock B, etc), but the uneven numbers annoy me now. I would just buy all your shares of the same one. If there aren't any stocks at 15, I wouldn't buy at all- check back later if you remember, but don't buy at 16 or more. Some people do, but I think that it's a bit of a waste.

2) It depends on the size of your portfolio. My total portfolio has 141,000 shares- so I'm willing to have 7000 shares (or more!) of each stock. Early on though, I wanted to diversify- if there was only one stock available, I would buy that. If there was a stock I DIDN'T already have shares of, I would be all over that one. Don't put all your eggs in one basket- try to get as many companies in your portfolio before expanding on the number of shares you have within each of those companies.

3) I guess that depends on how much you need the NP/how big of a gambler you are. I personally sell all of my shares when I reach my sell point. But since my sell point is relatively high (60), stocks don't get that high very often. I make a nice profit (300%!), and I am happy with that. Would I be annoyed with myself if it later skyrocketed? Yeah, but at least I didn't keep all of my stocks and then have it go back down to 15. You can sell however little or much of what you have, so you can decide on a case-by-case basis. If you're getting close to being able to afford one of your goals, you may decide to sell everything at your sell point just so you can get there. Otherwise you may just sell half, and wait and see what happens. Whatever you decide to do is fine though. There is no wrong way to play the stock market (aside from selling your stocks at a loss, haha).

4) That's totally fine. Your porfolio won't expand as fast as other peoples, but it won't kill you or anything. :)

 

Hopefully that all makes sense. Please, let me know if I worded something awkwardly and you don't understand. :D

[Clumsy rockyroad1]

1) I normally buy 1000 shares of whatever stock I have less of. I spread it out between numerous stocks at the beginning (500 shares of stock A, 250 of stock B, etc), but the uneven numbers annoy me now. I would just buy all your shares of the same one. If there aren't any stocks at 15, I wouldn't buy at all- check back later if you remember, but don't buy at 16 or more. Some people do, but I think that it's a bit of a waste.

2) It depends on the size of your portfolio. My total portfolio has 141,000 shares- so I'm willing to have 7000 shares (or more!) of each stock. Early on though, I wanted to diversify- if there was only one stock available, I would buy that. If there was a stock I DIDN'T already have shares of, I would be all over that one. Don't put all your eggs in one basket- try to get as many companies in your portfolio before expanding on the number of shares you have within each of those companies.

3) I guess that depends on how much you need the NP/how big of a gambler you are. I personally sell all of my shares when I reach my sell point. But since my sell point is relatively high (60), stocks don't get that high very often. I make a nice profit (300%!), and I am happy with that. Would I be annoyed with myself if it later skyrocketed? Yeah, but at least I didn't keep all of my stocks and then have it go back down to 15. You can sell however little or much of what you have, so you can decide on a case-by-case basis. If you're getting close to being able to afford one of your goals, you may decide to sell everything at your sell point just so you can get there. Otherwise you may just sell half, and wait and see what happens. Whatever you decide to do is fine though. There is no wrong way to play the stock market (aside from selling your stocks at a loss, haha).

4) That's totally fine. Your porfolio won't expand as fast as other peoples, but it won't kill you or anything. :)

 

Hopefully that all makes sense. Please, let me know if I worded something awkwardly and you don't understand. :D

 

 

Buying at 16 isn't a waste. It's better to have 1000 NP less profit when the stock goes up than having 1000 less shares to sell when it goes up.

[~Xandria]

I wish I could like the comment above me, but I ran out of likes for the day.

Anyways, I agree. Sometimes I even buy at 17 and I don't see how it's a waste at all. For me it's much easier to diversify that way. I usually only buy a stock at 16/17 when it has an A or B rating on neodaq though.

[Clumsy rockyroad1]

Very true. Quote from Neodaq:

 

1 - Choose a price you are willing to pay, and try to stick to it. - The usual price investors look for is between 15 and 17 neopoints a share. Since Neopets only allows you to buy stocks from 15 nps and up, you should realize that buying a stock at that price (THE lowest allowed) is your best bet for a maximum return on your investment. This does NOT mean that you HAVE to buy in this range...it is just a safer way to make the most of your neopoints. I did say "try to stick to it", not "this is the only way, so you'd better stick to it".

[Finn the Human]

1) I normally buy 1000 shares of whatever stock I have less of. I spread it out between numerous stocks at the beginning (500 shares of stock A, 250 of stock B, etc), but the uneven numbers annoy me now. I would just buy all your shares of the same one. If there aren't any stocks at 15, I wouldn't buy at all- check back later if you remember, but don't buy at 16 or more. Some people do, but I think that it's a bit of a waste.

2) It depends on the size of your portfolio. My total portfolio has 141,000 shares- so I'm willing to have 7000 shares (or more!) of each stock. Early on though, I wanted to diversify- if there was only one stock available, I would buy that. If there was a stock I DIDN'T already have shares of, I would be all over that one. Don't put all your eggs in one basket- try to get as many companies in your portfolio before expanding on the number of shares you have within each of those companies.

3) I guess that depends on how much you need the NP/how big of a gambler you are. I personally sell all of my shares when I reach my sell point. But since my sell point is relatively high (60), stocks don't get that high very often. I make a nice profit (300%!), and I am happy with that. Would I be annoyed with myself if it later skyrocketed? Yeah, but at least I didn't keep all of my stocks and then have it go back down to 15. You can sell however little or much of what you have, so you can decide on a case-by-case basis. If you're getting close to being able to afford one of your goals, you may decide to sell everything at your sell point just so you can get there. Otherwise you may just sell half, and wait and see what happens. Whatever you decide to do is fine though. There is no wrong way to play the stock market (aside from selling your stocks at a loss, haha).

4) That's totally fine. Your porfolio won't expand as fast as other peoples, but it won't kill you or anything. :)

 

Hopefully that all makes sense. Please, let me know if I worded something awkwardly and you don't understand. :D

Well, sometimes I find it no a waste because if your sell point is 60 and don't buy at 16 you are still missing out on 44k. I agree I would try to buy at 15 but if I see TNPT at 16, I am buying it.

[Rebecca~]

Eh. I still prefer not to buy at 16 or 17. Like I said, it is a personal preference. I usually check my portfolio numerous times a day, so I can go back at buy one that ends up at 15.

[KaylaTheHedgehog]

So, if when I check the market, if there's only one at 15, just buy all 1000 shares from that, and check again the next day, pretty much and only spread out the 1000 shares a day if there's more than one company at 15? Or 500 from one company at 15 in the morning and another 500 at night?

 

That would make it less of a headache to remember to check more than once or twice a day.

[~Xandria]

So, if when I check the market, if there's only one at 15, just buy all 1000 shares from that, and check again the next day, pretty much and only spread out the 1000 shares a day if there's more than one company at 15? Or 500 from one company at 15 in the morning and another 500 at night?

 

That would make it less of a headache to remember to check more than once or twice a day.

Pretty much. You can do it whichever way you prefer but I like to buy all of my 1000 shares from one company. Just because I hate going back and I think my port is diversified enough. As long as you buy from a different company everyday (until you have lots) it truly doesn't matter. Even when I first started I didn't split up my stocks, too much of a headache for me.

[KaylaTheHedgehog]

Okay. Thanks for the tip, everyone.

[~Xandria]

No problem! UNIB is at 51 everyone :) Keep an eye on it. ;)

[Finn the Human]

I bought 1000 of MYNC today. I have enough KBAT. I am watching UNIB and POWR. BOTT and SWNC seems almost in the watching area.

[~Xandria]

I bought 1000 KBAT. Need to stock back up. It feels like I haven't sold a stock in foreverrrrrr. D:

[-Ryan]

UNIB is at 47. I have 7k shares of it, so hopefully it'll hurry up and hit 60.

Bought 1000 MYNC earlier.

[Finn the Human]

I bought 1000 KBAT. Need to stock back up. It feels like I haven't sold a stock in foreverrrrrr. D:

I have way too much KBAT. I wish we could trade stocks.

[frescort]

Finally was able to get EEEEE @15!

 

Stocks I need: BUZZ, CYBU, HELT, KSON, MPC, and VPTS. The list has gotten smaller! I used to have BUZZ but I sold it, and I can't recall if HELT has ever been in the selling range.