41 replies to this topic

[jcrdude]

Quick guide to stocks:

1. Go to the buy stocks page (bargain page would be best)
http://www.neopets.c...st&bargain=true

2. The lowest price at which you can buy stocks is 15NPs and a maximum of 1,000 shares per day.
Just buy up the cheap stocks. You'll see why eventually.

3. The stocks fluctuate either +1, +0, or -1 every 30 minutes.
This is solely for informational purposes.

4. Many people set a "sell point" in their head... usually 30 NPs (100% profit), 45 NPs (200% Profit), or 60 NPs (300% profit).
You just check back daily to see if a stock has reached its sell point.

5. Your sell point will depend on your patience and desired profit.

If you feel like selling more often, but at a lower profit, go for 30 NPs (Profit: 1,500 NPs per 1,000 shares sold)

If you feel like selling moderately often, but at a medium profit, go for 45 NPs (Profit: 3,000 NPs per 1,000 shares sold)

If you feel like selling infrequently, but at a high profit, go for 60+ NPs (Profit: 4,500+ NPs per 1,000 shares sold)

[kiddX]

Looking at neodaq, there are some stocks that go up into the 100+ range quite often.

PS Take a look at POWR. Man that one was a moneymaker. You could have bought it at 15 and sold it at 750.

[jcrdude]

P.S.

kiddX and unworthy, I just made your guides look like shit :3

[Kaloriephobia]

okay,that maens is buy stocks for 15 np and 100 per day,right?!
and then i have to wait until they are worth 50% or more (like i want to have it)
than sell it and buy more and new ones?

that means (cause you say it can be take months or years till they are worth enough) that buying stocks is not a way to make quick np...
but it means also,that i can make high profit, by getting more and more stocks and wait a long time...

hm..i have so think about it f i want to do this or if this is too long for me

thanks for explaining kiddX
uh thanks jcrboy! thats a very good guid, im going to use it

Edited by Kaloriephobia, 02 May 2010 - 10:31 PM.

[RKO]

buy 1000 shares of any company at 15 daily, sell once that company reaches 60. 300% profit. you go from investing 15k to getting back 60k, every day. Its oh so worth it.

[Daryl]

Not all stocks goes up to 60+..
i have stocked up at least half the variety of stocks available.. only two stocks went to 60+

[SmAsHeR]

It doesn't happen all the time for many stocks to reach 60 otherwise it would be too easy to make nps. It's something that takes time and patience.

[manophear]

but if you have the patience, you make a damn fine amount of money

especially if a stock goes over 100

[Jenken]

Hmm, this makes me want to try my luck at the stock market. Thanks for tips

[Warriors]

stock market is easy..just try not to sell that often..I use it a lot..I have..rather Had over 1.2M shares in stocks..As long as you don't keep out taking NP you will make a ton of NP off stocks..I would say at least let it hit 60 before cashing out.

[Ambition]

You can't really lose money anyway. Just don't sell until its profitable. Stocks haven't went bankrupt in years.

[ThaMan]

You dont really need luck for the stock market. Just invest and wait. Patience is more key than luck

[GreenScissors]

The stocks change value at XX:28 and XX:58 in case you're trying to track the change. Meaning at the 28 minutes mark and 58 minute mark of every hour

[SmAsHeR]

Hmm, this makes me want to try my luck at the stock market. Thanks for tips

Luck has nothing to do with it, its all about how long you are willing to wait, and how much you want to make.

[Gen]

You can also be more patient and wait until you have 1 mil nps in stocks so you can get that avatar lol. I'm doing this.

[Ambition]

You can also be more patient and wait until you have 1 mil nps in stocks so you can get that avatar lol. I'm doing this.

You can rush that avatar by buying the most expensive stock over and over.

[generalgsus]

You can rush that avatar by buying the most expensive stock over and over.

Well you could, but why would you do such a thing? It'd only way shorten your profits and cost you a lot more money than if you had just bought 15np stocks, 1000 stocks per day steadily. Patience is a good thing ;p