Are anyones stocks doing terrible? I have invested 211,000nps in it and if I sold now I would lose 58,000. The only stocks I have that aren't negative are +6.67% and 0.0% :-/
The key is: Never sell. Buy them at 15 or 16 per share and just wait until they have doubled in price. unless u picked crappy stocks, almost all stocks will eventually hit 30+... and even the crappy ones will sell for 15 each at some point in the future. They key is never sell in the red.NEVER.
Adam is right, never sell at a loss, its a big NONO. Always wait for a profit or if you wish to sell out, wait for it to go back to what you bought at.
you have to be patient and wait it out for it to go up again if you are negative in the stock and then sell for profit
mmm I rememberd when I first played the stock market. I bought like 100 shares of somthing and then sold it 30 min. later at a loss. You do need to be patient, I like to diversity my stocks so I have a little bit of everything. Also I buy the maxium shares a day which is 1K and I make sure It only costs me 15k-16k so then you can sell them at like 30ish. but I also like to wait till it gets a little higher maybe like 70 depends on how much I have invested in it. TSRC i think it is I sold 3k of it just before at 90ish and have 250 of it left incase it tops 100. Good Luck. Im sure there are guides you could also find on it also.
Just so you all know: I am not new to the Stock Market. I am just posting this because I haven't sold a stock in at least a month.
I'm going through exactly the same thing. I'm not new to the stock market but I sold all of my stocks off like 3 weeks ago to buy something, luckily all at a profit or at least equal to what i paid. But i've bought 1000 stocks every day since and only one is atm +6.67%, everything else is either the same or has gone down. 2 different stocks are down to -56.25%.
My sell point is 45+ and I sold a couple stocks last week. There was even one stock that went up 25 points. Sure the stock market was crazy easy when they allowed you to buy at 1, now you just have to be patient because it may takes months for the stock to reach 45+ or 60+... but it will.
i leaving some stocks for monthly and see how it work as i seldom play neopets already but hey it not as easy earn moneys thru stock now!
Yep. Had quite a lot of experience with stocks over the years. Only invested in the "safe" ones though. Every once in a while I'd sell some of my shares and made pretty easy cash. You have to be patient though, very patient in fact.
How is that more likely to get you profit? You should buy 1000 shares/day, be patient, and diversify. That way, you're more likely to have at least some stock in those that go up. You also won't get screwed over with bankrupted stocks. (although that almost never happens)
You may get a greater profit at one time, but if you sell all of your stocks at the same selling point, you won't make any less of a profit whether you diversify or not.
Still, if you have enough money and you do nothing with it, i'd recommend multiple stocks. Its not like youre doing anything with the money you have in the bank anyways
That's exactly what he's saying. Another benefit of diversifying that I forgot to mention is that it's much easier to buy shares at good prices (15-18) if you diversify.
whe ni buy stocks its the first one that i see thats 15 lol... thats all if i have 0 of then or 37lk of them dont matter.. dont matter as long as you always get you 1000 per day rest is luck of what stock goes up
Dont play the stockmarket if your not patient... like me. Ive read guides about it though, and they all say you should buy stocks at 15-17 and sell when they double. And never sell for a loss...
yea its all about patience, right now my stocks are at like -10% and i have quite a bit of them..but eventually every now and then i see one of them hit 30-40 so i sell then
ive got something like 250k in stocks all bought at 15 and right now im almost out of red im like -5% atm for my overall DX ive got the money to waste so i dont mind it rotting there for a few weeks...or months (or years)