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Kougami

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Thread created on Wed Oct 16, 2013 13:27:34
Last replied to on Wed Oct 16, 2013 23:47:26
I've always tried to make money on the stock market, but I always end up losing it. Any tips on making money on the stock market would be greatly appreciated.

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Xemeh

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Posted on Wed Oct 16, 2013 15:11:02
I know everyone says it but, buy low sell high.

Make sure to check the forecast and the graphs.. Compare. Stocks are all about risk. Sometimes you get lucky and sometimes you could lose everything.

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Penicillin

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Posted on Wed Oct 16, 2013 15:14:22
First buy benefit blocks of PRN, LSC, SYM and FHC when they are near their lows on the charts. Then max out your bank. Then consider speculating in the market.

Last Edited: Wed Oct 16, 2013 20:15:58
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ICEMAN00723

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Posted on Wed Oct 16, 2013 19:24:06
if starting out i would bank all cash until 2bil then only buy what stocks u want for dividends... stocks can take up to 3-6 months to produce a profit... thats if u can sell them when they get up... it takes around 7 days to sell stocks on most... so even if they go up 50% within a few days they may drop lower than what u paid by the time they sell... CNC and WLT are the 2 worst stocks to make profits on as they raise and drop so fast...

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kpcslor

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Posted on Wed Oct 16, 2013 20:21:09
Patience, patience, patience

Wait to buy when it's about to bottom out and put it up for sale when it's going up. You have to constantly check on your stocks and pull them if the price dips again. A lot of times you are stuck doing what I call a long hold where you have to keep it for months before you can make a profit.

All that being said I gave up stock trading and went back to item trading. I just buy stock blocks for the benefits now days.

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dunmugmeh

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Posted on Wed Oct 16, 2013 20:43:48
If you buy a stock when its low or really really low if you forget about it for a few months you can nearly double your money when you sell. I have done that on a lot of occassions. Buying and selling stocks daily is risky because they can fluctuate up and down for no obvious reason.



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Ohadik

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Posted on Wed Oct 16, 2013 22:15:39
If you are losing money on the stock market, you are clearly doing it wrong...

You buy low, sell high, you don't even put shares up for sale if the value is less than you paid for them.

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YoungVolcano

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Posted on Wed Oct 16, 2013 23:47:26
I would first look at your capital, bare in mind you need to have substantial sums of money to significantly profit by buying low and selling high as the price per share is the most important value, when that increases the more shares you have the bigger the profit, however obviously entering in with the ~80m for PRN whatever the change is the profit/loss is minimal.

Secondly stocks are all about timing; knowing when to sell and when to hold. basically as previously stated you shouldn't even consider putting your stocks for sale unless you are going to turn some profit. It is however human nature to want their money no, basically taking a loss just to liquidate their assets for whatever reason - so make sure you aren't using all your money, if that money needs to sit their for a month or longer who cares because it shouldn't be crucial to your play.

Thirdly if you sit on a stock that pays dividend it should be impossible not to turn a profit! For example PRN is currently fluctuating within $1 per share which is negligible, yet you are making ~1.5m a week.. Basically you don't have to buy low or sell high you just have to sit and wait because in some situations the money you initially invested will be almost identical to the price you sell it at, yet through collecting the dividend you can turn a huge profit!

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