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DeeNise (113435624) wrote:Ok all, I did some research and I found a little bit of info that might help. Of course since this is not a real stock market it won't be as reliable but I found some things that might hold true in "Our Yo Stock World" minus the stuff that was irrelevant like buyers and stock charts because as Jess says it's just a program and us buying has no relevance on the stock. Anywho. Let me know if it works for you. I'm going to try what it suggests. Good Luck all!
Know when to buy.
1.Buying at the right time is essential to successful investing.
2.Don't buy everything at once. If the market takes a downturn right after you buy, you could lose most of your investment. Instead, spread out your initial investment over several months to minimize the risk each time you buy.
3.Check to see if the stock trend is rising. This means that the price has been increasing steadily. Look for stocks that are increasing but not necessarily rapidly. Stocks will only go so high, so if a price is climbing rapidly, there's a good chance that it will level off or drop soon.
4.Find the moving average of the stock. The moving average is the average price of a stock over time. Ideally this average would be increasing and the listed price would be above this average.
Avoid volatile stocks. If the price jumps too much, and there are a lot of spikes in the chart, the stock is probably too unstable to safely invest in.