Rune Valentine Posted September 8, 2014 Posted September 8, 2014 I know there are loads of boards askign this, but I do need help picking my sell point. Right now I'm just building , and don't sell at all, but next year I was thinking of using http://www.neopets.com/~stepchild2 'Million a Month' method. But what would you recommend? By then ,my port will be at around 250-275k shares. I would like any sell point which gives the best profits, even if that spreads out over a year. I would like to carry on building as well, but maybe by about 100k shares a year. So I guess that's selling around 100-200k shares a year MAX. So summary: I don't want to sell more than 200k shares a year, A million NP a month would be great. What works for you? While it certainly is possible, the biggest question that method poses is if you will be able to sell off enough stocks that month to keep your self supporting port up and still earn a profit. It's not advisable to "just keep buying stocks" for one year, if you read through the 15/30 method, your port should be paying for itself. You can potentially earn 1mil a month - it's just not EVERY month that you will have something to sell. And you potentially lose out on a stock going up higher if you just aim to sell when you have some stocks that will earn you 1mil that month. It's certainly a good method to follow because you look at the NP you earn, and not the NP you can potentially earn, but for me it's a wasted chance ;) I like a little gamble and waiting. I'll average about 300k a month Net profit, every month, due to the size of my portfolio. I always have something to sell. If you're still building, aim for smaller profits each month and don't throw everything into the Market. You're eventually going to want to have some NP on hand. Avia loves Chias 1 Quote
Finn the Human Posted September 11, 2014 Author Posted September 11, 2014 hey guys! its been a few years since I was active here. bought CHPS today Quote
Rune Valentine Posted October 2, 2014 Posted October 2, 2014 COFL is up to 72 if you still have some left :) SSS is also on the rise (currently 42) Quote
jcpet Posted October 2, 2014 Posted October 2, 2014 COFL is up to 72 if you still have some left :) SSS is also on the rise (currently 42) Oh thanks! It finally hit 70. Sold all my COFL shares :) Quote
siniri Posted October 2, 2014 Posted October 2, 2014 I managed to sell my COFL at 73 today -- all 20k shares. Woohoo! Quote
Pix Posted October 3, 2014 Posted October 3, 2014 does anyone here just buy their stocks daily and never ever sell them unless on the off chance they skyrocket? thats what ive been doing for the last 2 years and i find it's a good way to save NP cause even tho stocks fluctuate they don't ever really crash.. tbh if i hadnt done this i would have spent soooo many more nps than i have now.. and maybe one day one of the stocks ive invested in will go crazy and i'll make a few mil :D Quote
is_love Posted October 3, 2014 Posted October 3, 2014 does anyone here just buy their stocks daily and never ever sell them unless on the off chance they skyrocket? thats what ive been doing for the last 2 years and i find it's a good way to save NP cause even tho stocks fluctuate they don't ever really crash.. tbh if i hadnt done this i would have spent soooo many more nps than i have now.. and maybe one day one of the stocks ive invested in will go crazy and i'll make a few mil :D I do this! I bought like 100 shares YEARS ago at 15np per share, went on hiatus, and came back to see it worth over 500 per share. Of course, I was an idiot and only bought 100 shares and not 1,000. But I keep stockpiling the cheap stocks every day, in hopes that one will jump up like that again. I actually just sold some for the first time, now that COFL has been valuable--with all the issues on the site recently I haven't been able to make NP, so I had to part with some stocks, haha. Quote
Rune Valentine Posted October 7, 2014 Posted October 7, 2014 Still have 17k of COFL currently at 90 - if it goes over 100 I'll be happy bear. *wiggle dance* Quote
Venus0523 Posted October 7, 2014 Posted October 7, 2014 Just found this board - Good advice you all have! I've just been buying at 15 and selling as soon as it hits 45....Thought I was doing pretty good, but I see you all have better methods and seem to be doing extremely well....Time to reevaluate :) Quote
Avia loves Chias Posted October 7, 2014 Posted October 7, 2014 what a surprise when i got up today. managed to sell off the last of my COFL shares at 88. edit: it just broke 90! at 91 now. Quote
siniri Posted January 20, 2015 Posted January 20, 2015 Wow, the age of the last post on this board shows how down the stock market has been lately... but today I sold all my shares of NAKR (25k) for 76 NP each. I still have 984.5k shares overall, so hopefully some other things will reach my sellpoint soon. I'm keeping an eye on STFP and UNIB. Quote
Delshnya Posted January 20, 2015 Posted January 20, 2015 I only have 1.000 of NAKR, and I thought of selling because it is 400% right now, but I feel curious about it's progress, I want to see if it goes up. Quote
fullonparanoid Posted January 20, 2015 Posted January 20, 2015 I have not yet decided if I am gonna start selling again or not. Last year I decided to ONLY buy. I am considering next to have a goal of 25K minimum shares in every stock (except for KSON and VPTS!!). It is hard to refrain from selling when stocks soar, though. I might fold on NAKR if it continues to rise (I folded, finally, on LUPE last year and made a TON of NPs) For now...I'm gonna watch and see. :P Quote
xkittyxxx Posted January 21, 2015 Posted January 21, 2015 I always sell when they go above 60 and only save 100 just so that I can watch how high they went up :) I am terribly indecisive so it takes the stress of that away if I set myself a goal that they have to hit ;) Quote
Steve Posted January 28, 2015 Posted January 28, 2015 NAKR is currently sitting at 97, really tempted to wait to see if it breaks 100 Quote
Finn the Human Posted January 29, 2015 Author Posted January 29, 2015 Just got back in to stocks today to see VPTS and KSON are still high :P Quote
Avia loves Chias Posted March 15, 2015 Posted March 15, 2015 ACFI is shooting up. up 6 points today and at 58 now. KAUF is also at 59. :O Quote
Queen Mickey Posted March 15, 2015 Posted March 15, 2015 I love stocks so much. <3 It is so exciting when you make a huge sell. I'm looking forward to the day when SWNC gets a turn - somehow my portfolio is very lopsided in favour of that stock. Quote
Avia loves Chias Posted March 16, 2015 Posted March 16, 2015 i have a lot of ACFI, but i only sell at 60, and unfortunately, it never rose past 58. :( guess it's more waiting for that one. Quote
Finn the Human Posted March 16, 2015 Author Posted March 16, 2015 My sell point is 90 right now since I dont need neopoints at the moment ^_^ Quote
Delshnya Posted March 18, 2015 Posted March 18, 2015 i have a lot of ACFI, but i only sell at 60, and unfortunately, it never rose past 58. :( guess it's more waiting for that one. Right now ACFI is at 60, in case you want to sell. For my part, I'll wait. I could certainly use the money.. but I'll try to restrain myself and wait. Quote
Avia loves Chias Posted March 19, 2015 Posted March 19, 2015 gaaah i missed it! thanks for the heads up though! Quote
jellysundae Posted March 19, 2015 Posted March 19, 2015 I'm hoping for some upward movement with my selection, CHIA is moving in the right direction; currently at 34, but that's the highest of all mine right now. Only 9/20 are showing green for me at the moment. Quote
Delshnya Posted March 21, 2015 Posted March 21, 2015 gaaah i missed it! thanks for the heads up though! KAUF reached the price of 60, in case you have that one and you are interested in selling. Quote
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