13 replies to this topic

[GothicxToy]

I've heard a few people got rich doing/using the neopets stock market system.
I've never really looked into it but I was curious about it.
Does anyone know of a good guide to the stocks on neopets, or is there one posted on here already?

[cokiwah]

Buy 1000 of the same stock at 15-16 NP everyday. Sell when you think you've made a decent profit.

I just leave them there hoping one of them will some day go to a million NP.

[123321232122]

Buy 1k stocks at 15 everyday and sell once they reach 75.

[cokiwah]

But honestly, don't think too much about stocks! It's not the best way to make money since you're limited to 1000 shares a day.

[necospes]

I don't even bother with stocks anymore. It's really not worth my effort haha.

[GothicxToy]

lol i rely on the wheel of slime, fashion fever, pyramids auto, cliffhanger auto, and NP generator to make my usual 30-50k a day XD

[Pavement]

As your portfolio gets better, try to get as many different stocks as you can (if possible, don't get the same company more than once). Also, don't sell everything at once when the stock reaches 200%. Depending on how much you have in it, sell anywhere from 1/3 to 1/2 of what you've bought.

[likerobots]

i've gotten at least 5mill from stocks, yes, they take a long time, but they're SO much better than leaving your neopoints to rot in the bank.
Buy your stocks at 15np. but 1000 shares each day of a few different shares.
right now i have around 23k of 15 differennt shares (5m invested in stocks)
you usually have to wait months before theres a change, but when there is, it's a good idea to sell a third at a timee.
EG. SKBD rises to 60 one day
- sell 5k out of total 15 shares
Next day SKBD is at 85
- sell 5k of total 10 shares
third day, SKBD drops to 40
- hold on to the last few shares

in this case, SKBD would "peak" at around 85np / share
i think the stock market is quite profitable if you spend the 2 seconds to buy 1k of shares each day. Unlike real stocks you can't predict and trends, so you never know when stocks will rise / fall. it's all luck with this game

[Kyouma]

Doing this depends on how much money you have.
It'd be best if you bought stock EVERY day if you want the best chance of making money off this thing, so i'd suggest you have a reserve fund of like 300-500k before you want to start.
Bear in mind, this is also a VERY slow way of making money. I wouldn't expect any profit from this for at least 3 months, which is a very optimistic estimate.

[RWS]

It is all about luck and patience. Just buy 15k worth of stock every day and wait for the numbers to go up. Stocks rarely tank to zero so you don't really lose money - it could just take a long time before you make any profit.

[Epidote]

i've gotten at least 5mill from stocks, yes, they take a long time, but they're SO much better than leaving your neopoints to rot in the bank.

I agree that if theyre going to sit in the bank anyway, might as well invest them in stocks.

And what everyone else has been saying, hold on to them for a while. You'll make as much as your willing to be patient for.

[historic]

I just got the avatar and never go there anymore.. I think that it don't worth haha

[Waser Lave]

Unlike real stocks you can't predict and trends, so you never know when stocks will rise / fall.

Or can you?

[Kyouma]

Or can you?

My future dream job XD

No wait, the grammar threw me off. I want to be a broker.

Edited by Kyouma, 07 August 2011 - 07:34 AM.