1 million neopoints a month

[SnowWolf75]

What's the secret for all you stock market people? I mean, other than the "buy low, sell high" strategy.

I've adopted the strategy of _only_ buying at 15 beacuase it's all up from there. The minimum I sell at is 60, but I only sell enough to buy another 1000 shares at 15 from another stock. This way I can milk a high running stock (like POWR or HELT) for a long time - I've increased the overall value of my portfolio by easily 500K (over the last month) by doing this.

Basically, for me, it's a waiting game instead of instant gratification.

[shapu]

What's the secret for all you stock market people? I mean, other than the "buy low, sell high" strategy.

That's pretty much the long and the short of it. Buy stocks at 15-18, and just be patient. Diversify your account, always try to have as many different shares on hand as possible. Buy in thousands.

Sell when your stock reaches double (or triple, if you're patient) its buy price, but don't sell all of your shares - maybe 2/3. Hold on to your final shares in the event the stock continues upwards.

Never sell at a loss. That's just dumb. There's no fee for keeping stocks in your portfolio, so you might as well hang on to them.

I can't restock. I don't know when the places restock their shops. Does anyone know of a restock guide to help with this? I'm always paranoid of buying because I think I might get something worthless.

The restocking begins at the zero second mark, and shops restock in bunches, with the higher-numbered shops (for example, food is shop number one, chocolate is 14, and qasalan scrolls is 92) restocking later. Usually the restocking process is complete by about 18 seconds.

I have one tab open to food shop at all times, and use that as my indicator - if that's started to restock, then I go to the shops i'm really interested in.

[Susannahmio]

I usually make 150k + a day from restocking but it took me a long time to perfect the skill. I don't get a lot of unbuyables but thats ok

[bgryph]

Another "secret" of the Stock Market is that you have to sink quite a few NP into it before you start to make money, which I think is what discourages a lot of people. They buy stocks for a week, don't earn anything, then decide it's not for them. Stock market is a long-term investment. For the first few months of buying 1000 shares a day, it really feels like you're throwing your NP into a black hole.

They'll all come out of the black hole eventually and they'll bring their friends, but it's easy to get discouraged in the meantime. :-)

I didn't really think about it at the time because I was stretching myself to make 15k a day playing games while I built up my portfolio, but 15k a day for 2 months is 900k, and it takes longer than that to build up a decent portfolio. I was getting VERY discouraged before I finally started earning NP.

There are other ways of building a portfolio that take less money at the onset (like starting with a low selling point and using the profit to buy more stocks -- my selling point was 50 while I was portfolio-building) but it takes longer to build up the portfolio in that case.

[nstarz]

What's the secret for all you stock market people? I mean, other than the "buy low, sell high" strategy.

All the above advices are good

Shhh, don't tell anyone, but here are my secrets...

1) I use neodaq.xlsto track my stocks.
2) I now follow the new report cardto pick better stocks.
3) There are charts you can look at to see where stocks has been in the past years.
Shhh..

[Asparagus Queen]

*cough* hate to tell you this nstarz, but those are my secrets too.

[theonlysaneone]

I know this may sound weird, but my main source of income is random events I get while playing Neoquest II. I'm in the middle of Evil difficulty right now, and so far, I've gotten two pieces of a treasure map, a Koi Transmog, a few codestones, and more. The prizes don't hurt, either.

[zorg]

I managed 1 million in one weekend once, a kind of compettition in a guild was in at the time to see who could get the most (suprisingly, I didn't win ).

Really, if you restock at the really empty places (ie pizza is a good example) and do that for say, an hour, if you picked the right things you can make a good 50 - 100k a day. (A big shop would be needed though).

But yeah, 1 million a month isn't really too much effort, but you get kinda bored of it after a while...

Oh - and stocks are PURE EVIL. I invested 150,000np in BODA once, i kept on investing because someone quoted how much tehy had made. 2 days later, BODA crashed and went bankrupt :'(

[Chakra_]

Effort. It's all about Effort.

More Effort = More Results/Money

Restock - Very good way. Depending on items you get from it. Some items can earn you a few hundreds on a purchase and some can roll in thousands and even millions. [Esp Some Medicine] Imagine you restock a Battle Duck at the shop...

Stocks - I do it often. Everyday, you invest almost 15k. However, at end of the month, if the stock goes up by A BIT. You reap in almost a 100% - 300% Profit. Imagine if you bought 3000 stocks. 45k In. 300% Back. 135k in you pocket.

Luck - Imagine if you walk around and get a free Royal Paintbrush? Free Money. Imagine if you got lucky with a Snow Faerie Quest or won at the Tombola. Money too. Random Events reap good benefits too.

Games - I can earn 20k easily daily. Usually i am lazy and get like 10k. Anyone can do it

Shop - Resell items is a good way to earn money. Buy cheap sell expensive.

Clearing Stuff - The person you claim may have cleared his SDB full of retired items. That would bring about A LOT of money.

It's quite easy you see.

Games - 12k
Stock - 150k
Shop - 3k [Around There]
Restock - 500k - 2m [Maybe More Or Less]
Luck - 50k - 250k [Depends On Your Luck]

Feel like got something missing but ah well.
There you go 3m already in a month. It ain that hard

[zorg]

Luck - Imagine if you walk around and get a free Royal Paintbrush? Free Money. Imagine if you got lucky with a Snow Faerie Quest or won at the Tombola. Money too. Random Events reap good benefits too.

Snow Faerie quests, well any of the auto quests can really make a great profit if you stick to some guidelines (I normally max out at 5k snow faeire, 3k edna, 1k esophagor and 4k chef). Those can make ALOT if your lucky. (and stick at it)

[WockyChocky]

Oh - and stocks are PURE EVIL. I invested 150,000np in BODA once, i kept on investing because someone quoted how much tehy had made. 2 days later, BODA crashed and went bankrupt :'(

That sounds like "buy high, sell low". Neostocks are not at all like real stocks - you don't get a 1985 MSFT that just keeps growing. neostocks go up, then they go down. Buy them as cheap as you can get them, wait it out, then sell them. Use some of the profit to buy the stocks that are currenty low.

Now here's a question: For neostocks, is past performance an indicator of future performance? Are there certain stocks that reliably cycle low-high faster than others? Do some stocks have preditable high (or low)?

[Officer 1BDI]

For all the restockers: is there a list of "prized" items you should keep your eye out for in the shops. Most of the stuff I manage to grab turns out to be worth less on the wizard than what I spent to get it, and things are bought way too fast for me to check beforehand....

[WockyChocky]

Yeah, watch for neggs in the food shop! (dont waste your time)

The cheaters always get the really prized good things from the shops, so look for semi-prized items. check neoitems.net for all sorts of list of items/rarity.

I've had decent results restocking with the shop wiz. Find an item with an average low price of about 10K. You can usually find someone selling it for about 9K. Buy it, then you can sell it quickly for 10K.

[shapu]

For all the restockers: is there a list of "prized" items you should keep your eye out for in the shops. Most of the stuff I manage to grab turns out to be worth less on the wizard than what I spent to get it, and things are bought way too fast for me to check beforehand....

There's a lot of research that has to go into learning to restock before you actually start restocking. You have to find a shop, and just learn what restocks there - then watch a few restocks, and price what appears on the shop wiz. You'll learn pretty quick what is worth money and what isn't.

Find a shop to practice in, first, so that you can learn how to go through the physical part of restocking (click, pay, picture). I recommend the book store.

[chan58ca]

Thanks for all for your questions and answers, just browsing this topic I have had some of my questions answered and have gained a load of advice on these topics!! Thanks a bunch!!!