dummydumpty Posted April 21, 2013 Share Posted April 21, 2013 TPEG is at 61! I'm just going to sell rather than wait, wahhh. Quote Link to comment Share on other sites More sharing options...
gpssaylost Posted April 21, 2013 Share Posted April 21, 2013 I can't believe I found the answer I was going to ask on the last page of this thread. Thanks Sinri. I have a pretty high amount of stock because my sell point is normally 100. So I have a quantity of 1,274,000 stocks. (beating out mraedis =P) I was thinking of selling all the positive ones and just collecting the interest on them instead and was wondering was it worth it. But after seeing your math I think I'll keep my np in stocks. Quote Link to comment Share on other sites More sharing options...
Rebecca~ Posted April 21, 2013 Share Posted April 21, 2013 TPEG is at 61! I'm just going to sell rather than wait, wahhh. Back down to 58. Curses! Well, maybe it'll skyrocket soon, and I'll be glad I missed out on selling it. -cough- Quote Link to comment Share on other sites More sharing options...
Clumsy rockyroad1 Posted April 22, 2013 Share Posted April 22, 2013 Missed TPEG! Anyway, I sold 3k KBAT at 45. 4k left. Quote Link to comment Share on other sites More sharing options...
fairy_smile Posted April 22, 2013 Share Posted April 22, 2013 (edited) What do you guys think of UNIB? It was 200 recently (although not for long) and is now at one of the lowest points I've seen it at (and according to the http://www.neodaq.com/charts/graph.php?ticker=UNIB graph). I only started trading recently, mind (this month :P). EDIT: Obviously not for long-term trading strategies since it could crash at any point, just for a bit of fun and profit. Long-term, I figured my best bet would be to buy at 15-20 and wait for however long it takes to get several hundred % +. Edited April 22, 2013 by fairy_smile Quote Link to comment Share on other sites More sharing options...
siniri Posted April 22, 2013 Share Posted April 22, 2013 fairy_smile, I made that mistake with POWR -- it was at a record low, so I bought 1k. And then I bought another k. And it never rose. And I rode it all the way down. And years later, it's still not risen. Had I caught it on one of the earlier times when it had come down and then rebounded, I'd have been fine. But it's risky. I had the NP to spare and nothing I was burning to spend them on, but I haven't been willing to risk that kind of loss again. Consider it a gamble -- like spinning the Wheel of Extravagance or betting on Food Club without calculating arbitrage. To give you an idea of how much it can burn, here's my bottom line: Totals: 683,500 16,648,500 12,714,500 -23.63% And here's how much those POWR losses contribute to that overall loss: 52,000 7,117,000 312,000 -95.62% Note that I bought 52 times as I rode it down. Also note that my portfolio would be +3M instead of -4M were it not for POWR. I'm a little embarrassed to share that, but if it can spare someone else the loss, it's worth the embarrassment. If you're going to gamble on the market like this, have some rules to minimize your losses: 1) Only use money you don't mind losing* 2) Have a bottom sellpoint so if you caught it on a plummet, you can minimize your loss (*so the amount you're willing to lose should be the amount you spend minus this sellpoint, plus a buffer depending on how often you check on stocks). 3) Have a top sellpoint (to cash in while you can, so you don't go past the next crest and lose all your winnings) -- this can be either a flat NP value, or you can have a rule (e.g., I sometimes use a rule that once it loses 10% from its peak, I sell all I have left, so that I catch it near the peak -- sometimes it jumps back up beyond that peak, so I lose out on additional profit, but that's rarer than if I had a 5% rule. Of course, by not having a 5% rule, I sell at a slightly lower price when there are no extra peaks -- but since stocks do fluctuate, I found 5% to not be very good at capturing the "true" peak. You could probably pick a better % sell rule based on Neodaq data; mine was empirically derived.) fairy_smile 1 Quote Link to comment Share on other sites More sharing options...
jcpet Posted April 22, 2013 Share Posted April 22, 2013 Noooo, missed EEEEE and TPEG. Haven't been checking the stock market as often as I'd like to lately. TNPT is also at 58 right now. Hopefully it will hit 60 soon! My port is looking good though :) Totals: 86,000 1,290,000 1,761,000 +36.51% Quote Link to comment Share on other sites More sharing options...
Rebecca~ Posted April 22, 2013 Share Posted April 22, 2013 KBAT has also jumped right up- it's up 13 points, sitting at 53 right now. -crosses fingers- Quote Link to comment Share on other sites More sharing options...
siniri Posted April 22, 2013 Share Posted April 22, 2013 I've created new sellpoints for myself, choosing a point that each stock has reached ~3 times in the past 11 years (or since it came down from being a high-flying stock -- KSON, UNIB, and VPTS are current high flyers, and thus have no data -- and since I have none of those, I don't need a sellpoint for them). Since it took a bit of time, I figured I'd share in case anyone else is interested in maximizing stock market gains. You'll end up with a lot more NP in the stock market, but you'll sell for much greater profit (and do better than you would have in the bank, based on my calculations on the last page): AAVL 80, ACFI 65, BB 75, BOTT 70, BUZZ 67, CHIA 64, CHPS 62, COFL 70, CYBU 80, DROO 64, EEEEE 75, FAER 62, FISH 100, HELT 75, HUW 84, KAUF 74, KBAT 70, KSON X, LDSC 74, LUPE 67, MPC 80, MYNC 120, NAKR 75, NATN 87, PDSS 76, PEOP 75, POWR 77, SHRX 78, SKBD 240, SKEI 69, SMUG 78, SSS 120, STFP 90, SWNC 72, TAG 79, TNAH 80, TNPT 72, TPEG 77, TPP 79, TSRC 80, UNIB X, VPTS X, YIPP 100 Note the lowest sellpoint is 62, so you only need to consult the chart if a particular stock gets above 60, and so it shouldn't take that much extra work vs. auto-selling at 60. If I had a way to predict which stock would become the next "high-flyer," I'd obviously just buy a ton of that, but alas, I don't. Rebecca~ and Crystalline 2 Quote Link to comment Share on other sites More sharing options...
Rebecca~ Posted April 23, 2013 Share Posted April 23, 2013 KBAT has hit 60, for anyone wanting to sell! :D Quote Link to comment Share on other sites More sharing options...
kidsdsman Posted April 23, 2013 Share Posted April 23, 2013 I am hoping to get in the stock market soon. I need at least 30,000 neopoints. Quote Link to comment Share on other sites More sharing options...
dummydumpty Posted April 23, 2013 Share Posted April 23, 2013 Gah I missed KBAT at 60... I'm going to wait.... D: I hope it goes back up. TNPT is at 52...! Quote Link to comment Share on other sites More sharing options...
~Xandria Posted April 23, 2013 Share Posted April 23, 2013 TNPT was at 60 for a split 30 mins yesterday. I sold off all 8k of my shares! :D Still holding out on KBAT, I have 8k of those as well. :) Quote Link to comment Share on other sites More sharing options...
jcpet Posted April 23, 2013 Share Posted April 23, 2013 KBAT is at 68!!! Time to sell :D or hold out if you think it's gonna skyrocket :P Quote Link to comment Share on other sites More sharing options...
Finn the Human Posted April 23, 2013 Author Share Posted April 23, 2013 Sold K-Bat. And I'm using my stock market boon to help me buy at 10. Quote Link to comment Share on other sites More sharing options...
Rebecca~ Posted April 23, 2013 Share Posted April 23, 2013 Summary : You had 309766 NP. After 8 successful transactions, you have 877746. Wow, am I ever glad I didn't sell last night when it was at 60- Just sold at 71. :) Quote Link to comment Share on other sites More sharing options...
siniri Posted April 23, 2013 Share Posted April 23, 2013 Yay, KBAT is past my new sellpoint of 70! Now do I sell it all? Or save some since it's rising? I can probably check it every half hour for the next few hours (if I remember to). I think I'll sell 1/4 for now and see what it does; I have 23k shares. Summary : You had 61596 NP. After 5 successful transactions, you have 416576. Quote Link to comment Share on other sites More sharing options...
dummydumpty Posted April 24, 2013 Share Posted April 24, 2013 Summary : You had 69349 NP. After 7 successful transactions, you have 552329. I just sold all my KBAT. I'll just kick myself if it goes up, haha. Quote Link to comment Share on other sites More sharing options...
Rebecca~ Posted April 24, 2013 Share Posted April 24, 2013 EEEEE is sitting at 61 right now, everyone! :) Quote Link to comment Share on other sites More sharing options...
Clumsy rockyroad1 Posted April 24, 2013 Share Posted April 24, 2013 Sold 4k of KBAT at 71. None left. Watching COFL at 58. My port has shrunk 10k in the past week. Can I stop selling? NO! Quote Link to comment Share on other sites More sharing options...
Rune Valentine Posted April 24, 2013 Share Posted April 24, 2013 Fun times, I think I sold 5k stocks so far of COFL and KBAT. Still sitting on 17k each to see if they shoot up some more :) PEOP is up to 53 again, we'll see where it decides to go next! Quote Link to comment Share on other sites More sharing options...
Clumsy rockyroad1 Posted April 24, 2013 Share Posted April 24, 2013 Sold 4k of COFL at 60. Only 1k left. Edit: Then sold 2k KAUF at 45. 10k shares sold for 614000 NP today. Sellpoint today: 61.4 Quote Link to comment Share on other sites More sharing options...
Rebecca~ Posted April 25, 2013 Share Posted April 25, 2013 COFL just hit 60! I think I'm going to hold onto my 7k shares for a little while and see what it does... :D Quote Link to comment Share on other sites More sharing options...
Rune Valentine Posted April 25, 2013 Share Posted April 25, 2013 KBAT up to 79, COFL at 64. Summary : You had 6875 NP. After 4 successful transactions, you have 292855. Sold 2k of each, still holding on to 15k shares each. Waiting for them to rise even more :D Quote Link to comment Share on other sites More sharing options...
siniri Posted April 25, 2013 Share Posted April 25, 2013 KBAT is up to 84. COFL holding steady at 64. TNPT down to 50. I'm holding off on selling KBAT until it starts to fall again. Quote Link to comment Share on other sites More sharing options...
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