Stock market system...

The neopian stock market is amazingly predictable in a macro level.

I wrote an article back for issue 161 about certain strategies, and automating them would make my life so much easier.

Here's how it works:

Simply a set of buy-low-sell-high things. Buy at 15, sell higher than 15 (my target was 30)

Every day I would buy one 1000 share lot of whatever stock was at 15np.
Whenever a stock hit 30NP or more, I would ONLY SELL 1000 shares of that stock, reinvest 15,000 in a low priced stock, and pocket the profits.


A nice program to have is one that replicates that strategy as much as possible. It could be tied into other money-making programs so that the users have a better place to keep their money. (Definitely not the bank!!!)

 

Basically what I learned from my economics class years ago is that the best moment to buy a stock is when the amount of profit that its making raises, and the best moment to sell it it's when the amount of profit it's making is dropping (just before it's starting to decrease)

Neopets stock market doesn't differ so much from the normal stock market. By calculating those values you should be able to gain some profit.

There's also a lot of information about neopets stock market on this site:
http://www.neodaq.com/

 

:lol: You dont have to know anything about economics to play the neopian stock market! :lol:
For instance, in real life if tons of shares are bought at once the price of the stock rises. Not true on neopets

A program that did this for you is a little crazy if you ask me, because you would pretty much have to keep it running all the time meaning that you couldnt browse neopets.

 

Couldn't browse neopets? Says who? I am able to browse neopets with an ab running full time, what makes this any different?

 

Well it increases your chance of being frozen, think about it, you are refreshing within a certain time limit every time and at the same time you are browsing elsewhere on the site.
I suppose if its a risk your willing to take, go for it
Personally, I like my account too much

 

Nowadays almost every browser can use tabs. Why couldn't you load 2 pages within the same time?

Besides, the neodaq site I gave provides info about the neopets stock market too. You can base your program on that site as well.

 

Regardless of browsing and all that, you can only buy 1000 stock per day, what is the point in a program dedicated purely for that?
It takes what? Less tahn a minute to do yourself, and less than 30 seconds to check every half hour to see if that stock has risen to above 30!
And if you have just bought that stock, its not going to rise above 30 for at least a few hours yet.

This feature would be better added to one of the already existing daily do-ers.
Simply click and it buys the first stock it comes across that is at 15, and you do the non-arduos task of checking what its at in 4-5 hours time.

 

You make plenty of valid points, and for a basic "mutual fund" investment thing that makes perfect sense. However, that's not quite what I had in mind.

Back in one of my older accounts before I took my 2 year hiatus from neopets, I owned roughly 100,000 shares at any one time, and keeping track of how much of each I had was incredibly difficult. ( I wasn't up for excel spreadsheets, and a good version of filemaker wasn't invented yet)\

I had a small program which a friend wrote for me, which took the stocks, analyzed past price changes, and made its next buying decision based on how much of a stock I already had, and what part of a market cycle it was in.

The Neopian stock market moves cyclically. An individual stock starts out low, rises to a high, and falls back to the low. the point of this program--should anyone wanna help me with this--is to determine what stage of the cycle a stock is in.

 

i use the stock market a lot and a program that would automatically buy and sell stocks for you would be great because somedays i forget or dont get around to buying stocks.

... if someone were to make it they should be able to input what they wanted their selling rate to be .... i prefer 60 instead of 30

 

Sounds like a great idea. I would buy one of those programs if it were made too.

 

i would also have to agree with those saying this is a waste.
maybe its good to add to a daily doer: buy a stock at 15 (or if none are at 15, lowest at the time), sell anything above 30 (or whatever you choose).
But not having time to buy a stock one day would most likely mean not having time to open up your daily doer.
and i dont really think there are exact trends to look at, its all random if you ask me. its all about risks, buy something that is rising and hope it keeps rising, sell it if it stops.

 

adding stock market to the daily doer would be a great idea.. but sometimes there are no stocks at 15 so it would have to buy something like at 16 or 17..

but if it were on a daily doer that would be great

 

I also agree with the idea since the stock market gets me alot of NP. But i also think the daily doers should have a plugin feature where you can load new dailies like a stock buyer

 

Unless you are using multiple accounts then there is no reason to make one. Someone's prefernces can be different then others. The best idea to decided when to sell would be to make an excel spreadsheet of your stocks and any other info you would use in your decsions

 

I know its grave digging but i really would like someone to make a program that buys stocks that are at 15 or 16... that would be really nice....