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Oct 23 2012 02:35am
I only started trading with stocks a couple of weeks ago and already double'd my NP (granted I had less than 500k but still) I wish I knew about this when I first started playing 9 years ago :lol:

Also when do you guys buy/sell? I buy for 15-16 and sell every time they reached +100% or more and started going down again
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Quote (SCXiao @ Oct 23 2012 01:35am)
I only started trading with stocks a couple of weeks ago and already double'd my NP (granted I had less than 500k but still) I wish I knew about this when I first started playing 9 years ago :lol:

Also when do you guys buy/sell? I buy for 15-16 and sell every time they reached +100% or more and started going down again


Hello and welcome to stocks!

You should only buy when stocks are 15-16 and sell only at a profit.
Depending on how rich you are, you may want to sell at a different point.

Generally, people tend to sell around the 60 mark since it gives the most profit per time invested.
Richer and more patient folks may wait until 80, some even till 100!

Personally, I wait until stocks are at 300+ since I'm rich enough to sustain myself and patient enough to reap massive profits.

I have a stock market guide stickied so check it out if you have further questions.
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Sad to see Neopets get bumped to a subsub forum, but not surprised. Took me a minute to find it on the list.
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