Stock market, anyone wanna help me?
Mon Jul 26, 2004 6:41 am
can you tell me how the stock market works? like, which stocks should i buy, when etc...
i always seem to loose money
i always seem to loose money
Mon Jul 26, 2004 6:52 am
I don't think there is any real way that they work... Lots of people say that you should just spend 15k a day, on a stock which is at 15 (so 1000 stocks), and then wait until it goes up to 30 on the Neodaq...
Its very boring and takes along time, I kinda aviod it after wasting 30k on Boda and then them going bankrupt after :
Its very boring and takes along time, I kinda aviod it after wasting 30k on Boda and then them going bankrupt after :
Mon Jul 26, 2004 6:52 am
I haven't actually done much experiementing on the Neopian Stockmarket so I can't really tell you what to buy and when.
I will however tell you that no matter what price you purchase a stock for don't sell it until its a) higher or b) equal in price and you desperately need it or c) somebody who has advanced knowledge knows of and tells you of a future crash or something of the like. If you do this you guarantee that you don't make a loss! Any decrease is known as a "paper-loss" and only becomes an actual loss when you go and sell the stocks. This is because the prices are always changing and more often than not the price will rise again
Messing around with the stock-market has become a lot more difficult since they upped the lower np limit to 15
I will however tell you that no matter what price you purchase a stock for don't sell it until its a) higher or b) equal in price and you desperately need it or c) somebody who has advanced knowledge knows of and tells you of a future crash or something of the like. If you do this you guarantee that you don't make a loss! Any decrease is known as a "paper-loss" and only becomes an actual loss when you go and sell the stocks. This is because the prices are always changing and more often than not the price will rise again
Messing around with the stock-market has become a lot more difficult since they upped the lower np limit to 15
Mon Jul 26, 2004 6:54 am
i dont use the stock market i'm afraid. they need to actually link it to whats going on in the site before i'll consider it. at the moments there's no skill invoved, it's all luck.
Mon Jul 26, 2004 6:58 am
r4che1 wrote:at the moments there's no skill invoved, it's all luck.
Or patience! Except for a few stocks that have crashed to 0 as long as you wait long enough it usually starts increasing again. I'd like to know the actual internal workings (how they decide on crashes, price increases/decreases, does it work the same as in real life?) before I seriously, seriously take up trying to play the market.
Having said that you may find something that may be of use here:
http://www.neodaq.com/
Mon Jul 26, 2004 7:01 am
bleh, so confusing, i bought some stock for 25k, i hope they will rise now!!!
Mon Jul 26, 2004 2:08 pm
Actually, I wish I'd read this topic earlier -
Always buy stocks that are between 15 and 20 np per share, and buy 500 to a thousand shares of it.
Don't panic when the price falls, because it always will, and never sell until your value is doubled. So if you bought stocks at 25 np per share, then you'd have to wait until it reaches 50 np per share.
Also, don't be afraid to wait - the neopian stockmarket is, really, just a waiting game.
For more info, there's a website on the market: http://www.neodaq.com
Always buy stocks that are between 15 and 20 np per share, and buy 500 to a thousand shares of it.
Don't panic when the price falls, because it always will, and never sell until your value is doubled. So if you bought stocks at 25 np per share, then you'd have to wait until it reaches 50 np per share.
Also, don't be afraid to wait - the neopian stockmarket is, really, just a waiting game.
For more info, there's a website on the market: http://www.neodaq.com
Mon Jul 26, 2004 2:30 pm
untouchable dragon wrote:bleh, so confusing, i bought some stock for 25k, i hope they will rise now!!!
WoW, I never played that game, And I think I should try.
But I have to say that im scared to loose all my np's!
LoL!
Mon Jul 26, 2004 2:46 pm
I'm not sure how true this is, but my friend said NATN will never go bankrupt. So it should be a good stock to invest in. Good luck in your investments 
Tue Jul 27, 2004 4:20 am
i heard from quite afew ppl that is is better to buy some that has dropped.. it will have more chances of it goin up.. haha i have no idea how the stock market works tho, and how the shares go up... anyone willing to share?
Tue Jul 27, 2004 4:30 am
Stock values are determined by a complex set of algorithms that do a lot of randomizing of the up-and-downiness of stocks. It's not really man-controlled except for bankruptcies, which pretty much have to be. Volume of trading has nothing to do with value that I know of.
However, one thing that seems to always hold true is that once a stock gets a higher value (above 75 or so) the fluctuations in its value are greater in terms of actual points. It's not uncommon to see stocks with values over 100 swing 20 points or more in a day, whereas lower-value stocks are lucky to move 5 points.
However, one thing that seems to always hold true is that once a stock gets a higher value (above 75 or so) the fluctuations in its value are greater in terms of actual points. It's not uncommon to see stocks with values over 100 swing 20 points or more in a day, whereas lower-value stocks are lucky to move 5 points.