No more 0.1% fee - Page 2 | Stock Market | TORN
No more 0.1% fee
    • L0KEY [2654912]
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    Posted on 11:16:40 - 15/05/21 (1 year ago)
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    Ok I agree its all the timing of when you sell but some of the other changes they have made make it difficult to sell and make profit mainly the one about the prices now updating every minute so if your 1 second late you could end up waiting another couple of hours or even days to not only make profit but cover the fees well I understand the old system was to long but this new system almost demand you be on the stock market page 24/7
    Last edited by L0KEY on 11:23:51 - 15/05/21
    • Sidgar [1828507]
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    Posted on 11:50:12 - 15/05/21 (1 year ago)
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    If it were up to me, I'd make it a 1% fee if the stocks haven't been held for at least a month. So 0.1% at anytime with instant sell is great.

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    Posted on 05:36:40 - 17/05/21 (1 year ago)
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    Stock fees paid
    Current,$778,547,735

    The stock fees are fair, hasn't bothered me at all. If you notice them then you're doing stocks wrong!

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    Posted on 17:53:47 - 19/05/21 (1 year ago)
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    Diking [1951369]

    This isn’t about raw amounts, this is about percent. If you withdraw a big amount your fee will be big. Whether you invest 100m or 100b your fee is the same. Just because you make poor investments and lose money doesn’t mean the fee is bad. All it takes is a 0.2% increase and you double your fee amount. That’s tiny. If your stock increases by 1% then you’ve made 10x the fee.

    Halyang007 [1867864]

    Yes, it's not about the raw amounts, and it's about the %. '

    The point I'm (and the OP) is trying to make is that this 0.1% is very high and should be lower to 0.01% or be totally removed.

    You make the above statement like it's very easy to make a 0.2% increase/profits in every investment a player makes. If you do, please dm me, I'll be happy to pay you 0.1% fee on all ur stock tips as long as you can guarantee me a 0.3% profit on every investement.
    If Ched changed it to 0.01%, people would probably still bitch about that percentage.

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    Posted on 19:43:03 - 20/05/21 (1 year ago)
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    Its literally nothing 

    I just looked at my modest stonkz portfolio which i bought at the start of stonkz 3.0. Its between 6-20% up most of them higher than 10% up ..

    Just dont look to buy and sell the same stonkz in the same day. Given time they will go up a nice chunk.

    You could still trade them in the same day with the stonkz tax i suppose. But you are just making extra work for yourself.

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    Posted on 01:40:10 - 25/05/21 (1 year ago)
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    Sidgar [1828507]

    If it were up to me, I'd make it a 1% fee if the stocks haven't been held for at least a month. So 0.1% at anytime with instant sell is great.
    Or 10% if not held for a week, 1% if not held for a month, and 0.1% onwards.
    • Amrak_Dezark [2189876]
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    Posted on 03:37:35 - 25/05/21 (1 year ago)
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    Diking [1951369]

    This isn’t about raw amounts, this is about percent. If you withdraw a big amount your fee will be big. Whether you invest 100m or 100b your fee is the same. Just because you make poor investments and lose money doesn’t mean the fee is bad. All it takes is a 0.2% increase and you double your fee amount. That’s tiny. If your stock increases by 1% then you’ve made 10x the fee.

    Halyang007 [1867864]

    Yes, it's not about the raw amounts, and it's about the %. '

    The point I'm (and the OP) is trying to make is that this 0.1% is very high and should be lower to 0.01% or be totally removed.

    You make the above statement like it's very easy to make a 0.2% increase/profits in every investment a player makes. If you do, please dm me, I'll be happy to pay you 0.1% fee on all ur stock tips as long as you can guarantee me a 0.3% profit on every investement.
    I mean it isnt that hard, and if you cant handle a 0.1% then dont play the stocks. Yes some are going to fall that's the risk of stocks... I was brand new to stocks in 3.0 and have had very good success even with this 0.1% tax.
    • Halyang007 [1867864]
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    Posted on 09:19:12 - 25/05/21 (1 year ago)
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    Diking [1951369]

    This isn’t about raw amounts, this is about percent. If you withdraw a big amount your fee will be big. Whether you invest 100m or 100b your fee is the same. Just because you make poor investments and lose money doesn’t mean the fee is bad. All it takes is a 0.2% increase and you double your fee amount. That’s tiny. If your stock increases by 1% then you’ve made 10x the fee.

    Halyang007 [1867864]

    Yes, it's not about the raw amounts, and it's about the %. '

    The point I'm (and the OP) is trying to make is that this 0.1% is very high and should be lower to 0.01% or be totally removed.

    You make the above statement like it's very easy to make a 0.2% increase/profits in every investment a player makes. If you do, please dm me, I'll be happy to pay you 0.1% fee on all ur stock tips as long as you can guarantee me a 0.3% profit on every investement.

    Amrak_Dezark [2189876]

    I mean it isnt that hard, and if you cant handle a 0.1% then dont play the stocks. Yes some are going to fall that's the risk of stocks... I was brand new to stocks in 3.0 and have had very good success even with this 0.1% tax.
    Ched himself said that the 0.1% tax was so that people don't store money in stocks. It was not for the purpose to "deter" people from playing stocks which is what is happening here. 

    Anyways, if you are doing very well, please dm me :)
    • Amrak_Dezark [2189876]
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    Posted on 01:12:44 - 26/05/21 (1 year ago)
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    Diking [1951369]

    This isn’t about raw amounts, this is about percent. If you withdraw a big amount your fee will be big. Whether you invest 100m or 100b your fee is the same. Just because you make poor investments and lose money doesn’t mean the fee is bad. All it takes is a 0.2% increase and you double your fee amount. That’s tiny. If your stock increases by 1% then you’ve made 10x the fee.

    Halyang007 [1867864]

    Yes, it's not about the raw amounts, and it's about the %. '

    The point I'm (and the OP) is trying to make is that this 0.1% is very high and should be lower to 0.01% or be totally removed.

    You make the above statement like it's very easy to make a 0.2% increase/profits in every investment a player makes. If you do, please dm me, I'll be happy to pay you 0.1% fee on all ur stock tips as long as you can guarantee me a 0.3% profit on every investement.

    Amrak_Dezark [2189876]

    I mean it isnt that hard, and if you cant handle a 0.1% then dont play the stocks. Yes some are going to fall that's the risk of stocks... I was brand new to stocks in 3.0 and have had very good success even with this 0.1% tax.

    Halyang007 [1867864]

    Ched himself said that the 0.1% tax was so that people don't store money in stocks. It was not for the purpose to "deter" people from playing stocks which is what is happening here.

    Anyways, if you are doing very well, please dm me :)
    You can still make good profits I make around 1% a day on average which may  not be insane but I like it.
    • Pistachio [1595823]
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    Posted on 22:38:51 - 28/05/21 (1 year ago)
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    Diking [1951369]

    This isn’t about raw amounts, this is about percent. If you withdraw a big amount your fee will be big. Whether you invest 100m or 100b your fee is the same. Just because you make poor investments and lose money doesn’t mean the fee is bad. All it takes is a 0.2% increase and you double your fee amount. That’s tiny. If your stock increases by 1% then you’ve made 10x the fee.

    Halyang007 [1867864]

    Yes, it's not about the raw amounts, and it's about the %. '

    The point I'm (and the OP) is trying to make is that this 0.1% is very high and should be lower to 0.01% or be totally removed.

    You make the above statement like it's very easy to make a 0.2% increase/profits in every investment a player makes. If you do, please dm me, I'll be happy to pay you 0.1% fee on all ur stock tips as long as you can guarantee me a 0.3% profit on every investement.

    Amrak_Dezark [2189876]

    I mean it isnt that hard, and if you cant handle a 0.1% then dont play the stocks. Yes some are going to fall that's the risk of stocks... I was brand new to stocks in 3.0 and have had very good success even with this 0.1% tax.

    Halyang007 [1867864]

    Ched himself said that the 0.1% tax was so that people don't store money in stocks. It was not for the purpose to "deter" people from playing stocks which is what is happening here.

    Anyways, if you are doing very well, please dm me :)

    Amrak_Dezark [2189876]

    You can still make good profits I make around 1% a day on average which may not be insane but I like it.
    before i made two really bad calls i was making about 1% a day too. yesterday I made 3%
    • Amrak_Dezark [2189876]
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    Posted on 00:05:47 - 29/05/21 (1 year ago)
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    Diking [1951369]

    This isn’t about raw amounts, this is about percent. If you withdraw a big amount your fee will be big. Whether you invest 100m or 100b your fee is the same. Just because you make poor investments and lose money doesn’t mean the fee is bad. All it takes is a 0.2% increase and you double your fee amount. That’s tiny. If your stock increases by 1% then you’ve made 10x the fee.

    Halyang007 [1867864]

    Yes, it's not about the raw amounts, and it's about the %. '

    The point I'm (and the OP) is trying to make is that this 0.1% is very high and should be lower to 0.01% or be totally removed.

    You make the above statement like it's very easy to make a 0.2% increase/profits in every investment a player makes. If you do, please dm me, I'll be happy to pay you 0.1% fee on all ur stock tips as long as you can guarantee me a 0.3% profit on every investement.

    Amrak_Dezark [2189876]

    I mean it isnt that hard, and if you cant handle a 0.1% then dont play the stocks. Yes some are going to fall that's the risk of stocks... I was brand new to stocks in 3.0 and have had very good success even with this 0.1% tax.

    Halyang007 [1867864]

    Ched himself said that the 0.1% tax was so that people don't store money in stocks. It was not for the purpose to "deter" people from playing stocks which is what is happening here.

    Anyways, if you are doing very well, please dm me :)

    Amrak_Dezark [2189876]

    You can still make good profits I make around 1% a day on average which may not be insane but I like it.

    Pistachio [1595823]

    before i made two really bad calls i was making about 1% a day too. yesterday I made 3%
    Yeah it's always a gamble but I feel like an average of around 1% a day is obtainable.
    • Pistachio [1595823]
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    Posted on 11:04:50 - 29/05/21 (1 year ago)
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    Halyang007 [1867864]

    Yes, it's not about the raw amounts, and it's about the %. '

    The point I'm (and the OP) is trying to make is that this 0.1% is very high and should be lower to 0.01% or be totally removed.

    You make the above statement like it's very easy to make a 0.2% increase/profits in every investment a player makes. If you do, please dm me, I'll be happy to pay you 0.1% fee on all ur stock tips as long as you can guarantee me a 0.3% profit on every investement.

    Amrak_Dezark [2189876]

    I mean it isnt that hard, and if you cant handle a 0.1% then dont play the stocks. Yes some are going to fall that's the risk of stocks... I was brand new to stocks in 3.0 and have had very good success even with this 0.1% tax.

    Halyang007 [1867864]

    Ched himself said that the 0.1% tax was so that people don't store money in stocks. It was not for the purpose to "deter" people from playing stocks which is what is happening here.

    Anyways, if you are doing very well, please dm me :)

    Amrak_Dezark [2189876]

    You can still make good profits I make around 1% a day on average which may not be insane but I like it.

    Pistachio [1595823]

    before i made two really bad calls i was making about 1% a day too. yesterday I made 3%

    Amrak_Dezark [2189876]

    Yeah it's always a gamble but I feel like an average of around 1% a day is obtainable.
    Agreed, I had to do 2 weeks in mcs to make a profit but eventually returned 5%. I just made 5% in 2 days, it averages out
    • Fatbears [2197270]
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    Posted on 15:16:17 - 29/05/21 (1 year ago)
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    Uhh I'm managing 1%-2.4% on my sales.  I've taken one significant loss because I got greedy.

    Maybe learn to pick your stocks better.
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    Posted on 08:03:24 - 05/06/21 (1 year ago)
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    Day trading is like gambling. Stocks should be played for the long-term. If youre stocks are crashing then welcome to the world of day trading. This happened to millions of people in the last two recessions. Like everyone else says, It ssounds like to me you are investing every dollar you have into stocks in hopes of making a quick buck and when it stagnates or falls and you need cash youre mad.

    Youre doing bad business.

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    Posted on 13:51:47 - 05/06/21 (1 year ago)
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    oh come on! 0,1% is nothing.
    If you are scalping then of course 0,1% seems big.if you sell 5b worth of stocks then you will pay 5m for it and if you only made 7m of profit after 3 min you bought it then you earnt 2m in 3min...but still, 0,1% is a lot in this case. but if you wait for a month and your stock is 6b worth, theny 6m is nothing compared to 994m you got into a pocket.
    • Ata [2507441]
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    Posted on 07:00:58 - 06/06/21 (1 year ago)
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    L0KEY [2654912]

    This post goes out to Cherburn and all of the staff who thought it would be a good idea to make everyone's life a living hell by adding another piece of stress with the 0.1% fee for selling stocks you have successfully made it impossible to go anywhere in a lifetime now not only do you have to wait to be in the profits range but you also have to wait 1 million times longer to make sure your profits cover the fee all the while while still keeping prices on everything else jacked up

    This will lead to loss of players in the game because there is no progression within a reasonable time frame which ultimately will lead to the games downfall

    Let me know what you think about this current system.
    Living hell? Million times? 

    Are you sure you're talking about 0.1% or are just extrapolating some RL issues? Get well, dude!
    • Prokiller786 [1960101]
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    Posted on 16:08:24 - 07/06/21 (1 year ago)
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    5amuel [867675]

    Stock fees paid
    Current,$778,547,735

    The stock fees are fair, hasn't bothered me at all. If you notice them then you're doing stocks wrong!
    Hey how do you get record or profit/loss made and fees.
    • Prokiller786 [1960101]
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    Posted on 16:10:09 - 07/06/21 (1 year ago)
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    L0KEY [2654912]

    This post goes out to Cherburn and all of the staff who thought it would be a good idea to make everyone's life a living hell by adding another piece of stress with the 0.1% fee for selling stocks you have successfully made it impossible to go anywhere in a lifetime now not only do you have to wait to be in the profits range but you also have to wait 1 million times longer to make sure your profits cover the fee all the while while still keeping prices on everything else jacked up

    This will lead to loss of players in the game because there is no progression within a reasonable time frame which ultimately will lead to the games downfall

    Let me know what you think about this current system.

    MadarameIkkaku [2203165]

    .1% is a unnoticeable difference you drama queen

    Halyang007 [1867864]

    It's very noticable, See post above.

    CCarroll [2362546]

    You must be doing it wrong brother

    Guys how do we get those record of stock profits/losses and fees?
    • CCarroll [2362546]
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    Posted on 21:59:10 - 07/06/21 (1 year ago)
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    L0KEY [2654912]

    This post goes out to Cherburn and all of the staff who thought it would be a good idea to make everyone's life a living hell by adding another piece of stress with the 0.1% fee for selling stocks you have successfully made it impossible to go anywhere in a lifetime now not only do you have to wait to be in the profits range but you also have to wait 1 million times longer to make sure your profits cover the fee all the while while still keeping prices on everything else jacked up

    This will lead to loss of players in the game because there is no progression within a reasonable time frame which ultimately will lead to the games downfall

    Let me know what you think about this current system.

    MadarameIkkaku [2203165]

    .1% is a unnoticeable difference you drama queen

    Halyang007 [1867864]

    It's very noticable, See post above.

    CCarroll [2362546]

    You must be doing it wrong brother

    Prokiller786 [1960101]

    Guys how do we get those record of stock profits/losses and fees?
    If you go into you personal stats it’s under  the investments section

    • Brakier [2095393]
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    Posted on 06:28:03 - 16/06/21 (1 year ago)
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    0.1% is always the same, dosent matter if you play with 1000 dollars or 100 bilion dollars. you should always go for the % profit margin, not  the value amount.

    would i liek removal of the 0.1%, sure, i would get more money that way, but i dont really care much, i just sell at 0.1% more profit each time and its coverd.

    4e480d2c-f63e-7757-2095393.png

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