The stock market allows you to buy shares in a company in hopes that they go up in value so you can sell them for more then you paid thereby making neopoints. Here is a guide if your interested in learning more.
The best thing to do is to buy 1,000 shares of a 15 NP stock everyday and wait until the price goes up to the high 30s/40s, and sell for a profit. If you keep doing this, you'll gradually make millions.
I wait til 60 to sell. Set your own sell point. It's pretty easy- buy 1k of stocks at 15-17nps everyday, wait til one of your stocks reach your sell point, and sell. Once you get experienced, you can use strategies- hyperstocking or diversifying; selling half at sell point 1, half at sell point 2, and rest at sell point 3;etc. When you need charts or information on a stock, look to Neodaq.com. Check out the Stocks Reportcard and the Stock Charts > Thumbnail Links.
the more of each stock you buy the bigger the profit you will get but then again your stocks can plummet at any moment
Its actually kind-of a risk. You can only buy 1000 stocks a day, but you can split it up into different "companies" (You can put 200 in one company, 300 in the other etc.) The price of a stock can go up and down. So lets say you buy 1000 stocks from a company for 17 neopoints each (would cost 17,000) then later on in the day the price changes to 21 neopoints per stock, you would make profit because you bought 1000 stocks for 17,000 neopoints (17 neopoints per stock), then the price of each stock raised to 21 neopoints, which is 21,000 neopoints (so you made 6 neopoints profit on each stock you have!) ALSO, You can SELL stocks anytime of the day you want! for more info go to: http://neopets.com/help_search.phtml?help_id=7
Buy anything that is available at 15NP per share, buy 1000. Then just wait for it to rise and sell it, at least 30NP or higher.
Well, you can buy them at any time too. Note that the stocks change at every :28 and :58 minutes past the hour, though not all stocks change. So if a certain stock you want to buy isn't at the price you like, you can wait til it changes and hope it's gone down. Not all stocks are the same; some do better or worse than others. Some reach 70 or higher frequently, while others never go past 20. Like I said, check Neodaq.com for each stock's history, rating, high, etc. However, stocks are unpredictable. It could rise over 20 points in a day(I've seen it happen) or stay at the same price for a long time. NEVER sell at a loss. Stocks will ALWAYS go back up, even if they're at 6nps a share, they'll rise again eventually. The only reason they wouldn't is if they go bankrupt. Bankruptcy is when a stock price hits 0- that stock is bankrupt and will enver rise again. It's dead. Don't get worried- the chances of a stock going bankrupt are EXTREMELY low, so low that you don't need to worry about it at all. A stock hasn't gone bankrupt in years. A lot of new stock players get worried that they made a bad purchase and sell their stocks too soon, but DON'T. If it's not at the price you want it to be, don't sell. Nothing bad will happen- all you happen to do is wait for that stock to reach your price, whether it'll skyrocket right up, or take a deep plunge before rising. That was my quick newbie's guide to the stockmarket. If you have any questions, feel free to PM me or post them here.
I agree, this is my main source of income. I've made ~3 million from stocks in the past two months. They're really worth it, if you're patient you WILL make money.
So true- It's a hundred times better to put your money in the stock market, rather than leaving it sitting in the bank.