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Submitted by Tyler
Unlike most games, restocking has a motto. Its motto is buy low sell high. This is the motto of several thousand neopian millionaires. The stock market isnt for the impacient though. So bare with us. Follow this guide and youll be right there with them!
Step 1. The location
There are several places to find the SM we will call it from now on.
First you can google it.(takes longer)
Second you can go to the games room and find it.
third you can go get to it from a dailies page.
last you can go here http://www.neopets.com/stockmarket.phtml.
Step 2. Finding a stock.
You may think, I have to spend 10 minutes waiting for the loop to go around to find the right price. Well, your right. You do have to wait a little bit, but for what youll make, it is worth it! Always remember to buy low, and sell high. Buy at 15 to 17. Do not buy higher, and espeacially dont buy the high priced stocks. They can go down a lot. People say you cant lose money here. Well you can if you do that.
Step 3. Losing money?
There are only two ways to lose money, so do not do them. Buying way high. Like dont buy powr, theres days where its at 3000, and then theres days when its at 30. Buying high? Not so much. The other way is if a stock crashes. I dont think you need to worry though. It happens rarely. Every few years. So dont stress over that one.
Step 4. Research
Just go to the link on the SM page. It can really help, or it can be a waste of time. You decide!
Step 5. Message board
If you go to the SM message board, you might find good tips, and links to go to. This is like research. Not necassary, but can be helpful.
Step 6. Reselling
Reselling varies on the person. One person my sell at 300, some people my sell at 30. The person who sells at 30, is the person that wants money now. The person who sells at 300 is the person who is patient, and is willing to wait to get more money. I personally wait until my stocks go up 200. You build a big portfolio this way.
Extra tips
- Start soon, dont wait for it, buy those stocks now.
- Try to always buy 1,000 shares a day.
- If you’re not sure if you want to sell your full stock, only sell half of it. This can still be profitable.
- Wait for your stocks. Let them wait on you.
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Neopets Stock Market Guides
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