Stockmarket. Is my percent going to change?

[horrors_spawn]

Ok. I've had a stock for a while now. I think almost a month and it has never gone up above one percent increase. Its always decreasing. Will it go up?

[DM was on fire!]

I think that's the Neopian stock market is the same as the real life stock market. It probably will, but it'll just take some time.

But, I've never gambled with the stock market, so I don't know.

[kuroro]

I have been on it for a few months (I think about some more then two), buying every day. And yes, stocks go up and down all the time. I bought 1000 shares every day (at 15-16 Np). Not all my stocks rose, some did, those I sold. For the others, wait, wait, it's all about patience.

You can look at Neodaq.com, they have rated stocks there, based on its history.

[WockyChocky]

I think that's the Neopian stock market is the same as the real life stock market. It probably will, but it'll just take some time.

But, I've never gambled with the stock market, so I don't know.

Wait! The Neopian stock market is nothing at all like the real-life stock market.

Every day, buy 1000 shares of a stock at 15 or 16 nps. Diversify! For the first 2 months, sell all shares that reach 45 nps. Then raise your sell price to 60.

I pocketed 3,800,000 in the 5 months I've been doing this. 1.2M was just for February. I've got 2M+ in portfolio, waiting to grow.

Just remember, 90% of the stocks go low, then high, then low again. Don't mess with the ultra-high priced stocks, that is TNT taunting you.

Go to http://www.neodaq.com if you want details, details, details. You will also love their excel sheet to track your stocks!

[shapu]

Stock tip number 1: Never buy stocks above 20 np.
Stock tip number 2: Be patient. The odds of losing money over the long run if you just hold your stocks are very, very low.
Stock tip number 3: Never buy stocks above 20 np.

[gabriellaeve]

Huh Just wanted to say thanks for the reminder - I went and checked my stocks (I sold a LOT a few months back, so I only have 4 that I was holding on to) Anyway, 1 of them had gone up 440% - so with some patience you can hit the jackpot with these things -

For comparisons sake the other 3 were all so low (like below 8/share) that they're useless - but I'll just let them be and see if they recover...

[Moonlight Flower]

Some won't move for a while, then they'll skyrocket.

I had 3000 shares in LUPE for a year or so.. finally got sick of it being low and sold for minimal profit...

three months later, it was past the 100 range

Guess who was wishing she had waited?

[luv2lindy77]

Some of my stocks will sit at rock-bottom for a few months, then they'll jump up high and I'll sell them. My rule is that I buy at 15 NP and try to buy daily. I check the stocks every half-hour. I sell when I've at least doubled my money, and sometimes I wait longer until they've gone up higher.

Most of the time, my overall percentage is in the negative, but that's because I sell anything that gets up high and I'm left with mostly stuff that's low-priced. It's normal to be in the negative. Don't worry about it. The stocks will eventually go back up. The stock market just takes time and patience.

[bean_jean]

stocks are easy money but take a lot of time. I follow the neodaq.com program and buy a thousand shares daily at 15-17 per share. I used to use a sell point of 60 and liked my profits. Now I use a sell point of 90. Sales are much less frequent but they are huge when they happen. My portfolio is much larger and there is a lot of stock between 60 and 90. If I had a neo-emergency and needed big money in a hurry I could drop my sale point back to 60 and have cash.

[digitel_anime_fan_20]

Like someone above said, DIVERSIFY. You'll want to have some of a stock when it goes up, yes? Then you better have as many differant ones as possible!
http://www.neopets.com/stockmarket.phtm ... rgain=true
That has a list of all of the cheapest stocks. Buy 1k of whatever is at 15 np every day. Use neodaq(someone posted the link) to figure out if its a good idea first though. I tend to avoid anything below a "B".

If you have a small bank acount, your sell point should be low-prehaps 30. Once your bank account/portofolio is larger, aim for a higher sell point-say 60. Once your really up there, 90 is perfectally acceptible.

NEVER sell for a loss! There's no benifit! The stocks arn't going anywhere, so you might as well keep them there.

[stampsyne]

I think the only rules of thumb is never invest in stocks unless you can stand to have the money sit, and NEVER sell for less than what you bought. Eventually it will go up.

Moonlight Flower: I am SO sorry for you. Lupe was over 500 points around christmas this year

[Mongrel]

The hard part is having patience, and a good pool of NP to start with, but 9 times out of 10 your stock will turn a profit(I think there have been like 9 stocks that ever went bankrupt, the rest rise and fall in cycles). One time when I desperately wanted to buy something, I sold all my stocks that were 16 and above--hey, I turned a profit on all of them.

[hakuryu_86]

og course, not forgetting those really really rare cases where the company goes bankrupt and *poof* there goes your cash

Guess who had that happen to him

[Asparagus Queen]

As everyone else said, http://www.neodaq.com Also, the Stock Benefit Guild is my guild, is affiliated with neodaq. http://www.neopets.com/guilds/guild.phtml?id=507904 Check out today's stock advice, a member named Bear did today's, and it's a riot!

Buy low, sell high, have patience. Never sell for less than you paid. Sometimes stocks don't reach your sell point for months, or even a year. Others hop up to good sell points regularly. I don't even look at the stocks unless they're at 15-17 or over 60. If they're not in one of those two ranges, I just ignore them.

[Moonlight Flower]

I think the only rules of thumb is never invest in stocks unless you can stand to have the money sit, and NEVER sell for less than what you bought. Eventually it will go up.

Moonlight Flower: I am SO sorry for you. Lupe was over 500 points around christmas this year

I know, I sold it for very low in like.. what was it..? Early last fall or so? ;.;


I generally play enough games to buy my full 1000 stocks a day, and buy at 15-16 and sell at 30+. Then re-invest that money. I'm in no hurry, really.. XD