Neo Stock Market Guide

[l_royalty_l]

Welcome to the World of the Stock Market

Most people do not take full advantage of the stock market. Whether it be because they dont have the necessary amount of NPs to invest in order to see a big enough return, or they just can't spare the time needed to let their investments grow.
If you want to be successful in the Stock Market, I would recommend that you have AT LEST 100k that you will not be needing anytime soon. Once you invest, you need to leave your money there for the long haul, trust me....your patience will be rewarded and you will become a multi-millionaire in no time.

The main idea behind becoming rich in the stock market is:
Buy Low - Sell High

There is no way to track what "Low" and "High" are one Neo though. So, I would recommend that before you buy a stock, look it up on Neodaq.info. This site tracks the stocks as they update (every 30 mins).
Knowing a stocks history can help you better predict its future.

Tips For Buying

When you are ready to start buying stocks, there are a few tips you may want to keep in mind:

-Buy stocks that are around the 15-20Nps range. These stocks are cheaper and are your best bet if you are looking to make a long term investment
-Diversify the stocks that you own. A diverse portfolio allows for you to make NPs if one stock goes up while another goes down. You dont want to put all your NPs in one stock and hope for the best
-Buy at least 500 shares of stock during each transaction. You are only allowed to purchse 1000 shares per day, but for each transaction, there is going to be a fee. Minimize the fee you have to pay by buying in bulk

Tips for Selling

When you are ready to sell your stocks, consider the following:

-NEVER sell at a loss. If your stock is lower than the initial purchase price, just wait. Dont sell...no matter how tempted you are. The stock will go back up with time and you will be back into a profitable range
-Set a goal for your stocks. By setting goals as to where you want your stocks to be when you sell, you discipline yourself to be a careful investor. A good goal would be to buy at 15-20 NPs and sell at 30-40NPs

Stock Market Lingo

Ticker
Ticker Symbols are groups of two to four letters which represent the abbreviation or acronym of a certain company.


Company
This column states the whole company name (what the Ticker Symbols mean).


Volume
This is the number of shares that have been bought and sold so far in a single day. This number can be used to tell which stocks are more favorable among other neopets users.


Open
This shows the opening price of the stock, or simply how much the stocks cost at the start of midnight NST.


Curr
This shows the current price of a particular stock. This changes every 30 minutes, and is essential in making decisions when investing. Through this, you can keep track on how the prices of stocks increase or decrease.


Change
This shows the percentage of the company's loss or gain in a day. It is generally better to buy stocks that have negative percentage (decrease in price), because there's a high probability that its price will increase again later on, so you can sell them for higher price.




Good Luck, and Happy Investing!!
-Andrew

[Drakonid]

My tips:
Buy at 15-17
Check everyday...
Sell at 50-60
Every some time, some stocks get to >100, so it's just patience...

[Neo Gamer]

yeah, i usually always buy at 15-17.
most spare cash i have goes towards it.

Atm, 1.7mil has been spent on Stocks, im tryin to wait for a big rise in some, that are recommended to inflate

Already have the avatar too which is good =D !!

Still got 20mil in the bank so its all good if it goes south.

Nice Guide btw Royalty, Thumb's Up All The Way Mate (Y) *cheer's*

[IABB]

dude you dont need a guide for this crap. buy shit, wait, if it goes over 200% sell it, if not just let it die, no skill needed.

[l_royalty_l]

dude you dont need a guide for this crap. buy shit, wait, if it goes over 200% sell it, if not just let it die, no skill needed.

Alright, well I know there were people who were asking just the other day how to make nps legitly.

If somebody doesnt know about the stock market, than I think my guide would help them out. I dont really wanna hear you bashing it because you find it unnecessary. If you are not going to use it, then thats fine, it wont bother me.

Why dont you write a guide than that you think might be helpful. Dont need your input. Thanks

[pringles]

just be patiemt

[pringles]

patient not patiemt sorry

[Confide]

I've never known how to use the stock market, I usually just braught tons on mules and left it for a while, came back to it hoping that it made some profit.

[offtopic]There is an Edit button Menlohahay. Use it next time instead of double posting.[/offtopic]

[ccgamer]

I have 100k in the stocks, but no money whatsoever in the bank

[bsbear]

i never knew about the stocks untill i read this... thanks.