NEODAQ - Click! The game screen pops up. Hmm, what to choose? Puzzles or Action?
Maybe Luck & Chance would be a good idea to do now. You scroll down a bit.
Battledome! How about knocking the socks off of Punchbag Bob now? You have been
wanting that trophy for a while now just never had the time (5000 HP to knock
down to 0!)...
Oh! Beauty contest! You've been meaning to enter your cute Baby Aisha in the
contest and hopefully score a gold trophy at least in the Aisha division.
Decisions, decisions! What to choose? So many choices of things to do!
Finally deciding to close your eyes and swish around your mouse a bit and click
and that's where your final destination would be before logging off for the
day. A second later a new screen shows up and you're at...
The stock market?
Who ever goes there? The stock market is made for old people that are trying
to bring the real world into Neopia! Or is it...?
Well you did promise yourself that wherever you clicked it would be the place
you stayed at until you had to log out. So you decide to venture in and buy
a few stocks here or there. First, you would go to the Stock Tips Message Board
for a little help.
Help! I'm new to the stock market and I need a few explanations to it! you
type in big bold letters, hoping to catch the attention of nice people that
know the stock market like the back of their hand.
Unfortunately, at that hour, there is no one willing to help. All you get are
a few messages that say "oh you stupid n00b, learn it yourself!" That
is a very common reply to a message asking for help with stocks. Most people,
unfortunately, do not have enough time or patience to explain it all. You either
get the n00b message or the "buy low, sell high!" message. Which isn't
much help either.
If you want to discover the complete NP making way of the stock market, you're
in luck. I have compiled a list of steps to do when you first arrive at the
scene of the stock market.
Step One: Check out the prices per share of each stock
You check out the prices of the stocks right here. To find the histories of
each stock and get a little background on them you can go to Neodaq.com, which
is highly suggested, but not completely necessary.
Step Two: Buy a cheap stock
It is suggested to buy a cheap stock, around 15-17 NP per share. (Neopets made
a rule that the lowest amount of neopoints per share is 15 NP for you to buy
a stock). You have a limit of 1000 shares to be bought per day, so take care
to choose wisely. Also, if you have checked neodaq.com you can look at a history
chart to see if the stock is on it's way down or up. If you chose smartly, you
will be picking one on the way up. If you didn't know that it was on its way
down, DO NOT WORRY. Every stock eventually goes back up.
Step Three: Check your portfolio regularly
Make sure you check your portfolio (which is located here) often. At least once
a day. If possible, a few times a day with plenty of time between each check-up.
It is important to track your stocks success or downfalls every day or so.
Step Four: Sell when the time is right
If the stock price per share has risen to the point where you are making a profit
you like, then you can go SELL. Some people prefer to wait until it reaches
it's high (you can find that on Neodaq.com as well) and then sell but if you
are satisfied with the profit you have made then go right ahead and sell.
THEN, REPEAT.
I personally have made over 150,000 neopoints from the stock market, PLUS some
of my stocks are below the price that I bought them for (slowly rising) and
I do not expect to make much neopoints yet, but as time goes on and my techniques
slowly get better and sharper, I expect to make mucho dinero off of this stock
market.
And I conclude my little stock market bit with a few last tips:
Do not hesitate to go to the Stock Tips board and ask about a certain stock.
There will usually be stock market GENIUSES (much more experienced and smarter
than me) hanging around there that are most of the time willing to answer your
questions. There will always be the rude person that calls you a "silly
n00b" (a n00b is a newbie) but do not be discouraged by nasty folk, they
are probably just bored.
Next, if your stock is below the price you bought then do not go hysterical
or anything. Just wait it out and it will rise after you hang on a bit.
Third, before you go off and beg people to buy a stock so that the price value
will rise, you should know that Neopets has made that random. This is not completely
like the REAL WORLD stock market. It does not matter how many people own shares
in a particular stock-it doesn't affect it. That is a common mistake many people
make!
And lastly, the most important thing to remember (or at least one of them)
about the Stock Market is that it is a WAITING GAME. It's not a get-rich-quick
solution to your NP problems. If you want to hurry up and earn neopoints, the
stock market isn't the best idea. Playing every game in the games area will
most definitely earn you much neopoints. The stock market, however, is for the
patient person who is willing to wait to earn thousands of NP in profit. ;)
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