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Advice please?

Started by McCandless [1868253] on in Stock Market.

5 replies · 122 views · thread synced · 8 days ago · View on torn.com
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kyle8048 [488020] ×1 McCandless [1868253] ×1

McCandless [1868253]

Hello,

Can someone explain how you make money on the stock market? I've not a clue!

The only way I know of is by having the benefits, but you need to have enough money to buy the sufficient amount of stock, and even then, it may take a while to make your money back.

If anyone could offer advice I'd be grateful for your time and help, thanks.
Hopslam [795412]

Well you can buy any amount of shares you can afford.

Yes the benefit blocks add an additional benefit to owning stock, but yes you will need to buy a certain number of shares to obtain the benefit.

But outside of the benefit blocks, the premise is simple. You buy shares of stock. If you buy the shares at $100 a share and then you hold onto the stock for x amount of time. You make money by later selling the stock at a higher price that what you purchased it. So sell that stock when it's above $100 a share and waaalaaaa you've made money on the stock market.
McCandless [1868253]

Hey,

Thanks for that. How would I know if stock is going to go up in price though? It may decrease for all i know. is there a technique for this?
kyle8048 [488020]
IamNumberFour [1868253]Hey,

Thanks for that. How would I know if stock is going to go up in price though? It may decrease for all i know. is there a technique for this?
yes, it just takes familiarising yourself with the market. There is no guarantee of profit. Just play the percentage game.

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