








| HoC Stock Market Guide | ![]() |
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#1 (permalink) |
![]() Not In It
Tournaments Won: 4 |
This is just a short guide to Halownage's Stock Market. Please, by all means do not take this to heart with the real stock market. Myself and anyone else here at HoC is not responsible for your money. The stock market is basically something that is used to represent publically traded companies. All of these companies are not owned by 1 person specifically but by a large amount of people who buy the companies 'stocks' or shares. Shares are the representation of ownership in a business. For example, If I bought 1 share of Disney, I would actually be a part owner of Disney! Now I don't have all the power to go firing all of my employees and making the parks free, but I do have a small say in what happens in the business. Anyways, people can buy shares from companies through others that are selling their shares. And by selling those shares, the people make profits. With the HoC stock market, you can invest your credits into real life businesses. You just need a business's Stock Market symbol that you enter into the database and it'll bring up it's current buying price and trend. If the trend is red and negative, the stock has been down lately and it will show by how much percent and how many points. Occasionally when stocks get so low and cheap, the company will go out of business completely, so beware. However if the trend is positive and green it means that the business has been flourishing lately and there will be alot of other investors interested. One of the main uses of the stock market is to gain money, and the most basic method of that is this: Buy low, sell high. Buy shares at low prices and sell them when/if a business grows when the stock prices are expensive. That right there is the main philosophy of trading stocks. If you're willing to take a risk and make a bundle, or lose a bundle you should take a look into the HoC stock market. It's a great way to make strategic money. Quick Tips: 1. Buy low, sell high 2. Give your stocks time to grow and lull, don't sell instantly. 3. Be prepared for the worst at ALL times. 4. Let your portfolio grow. Buy multiple shares in your company for bigger pay offs. 5. Diversify! Sometimes your favorite companies don't do well, and it's a necessity to have invested in other companies to back up debt. Questions/Corrections? ![]() |
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| Last edited by F1rsTxLas7 : 08-29-2007 at 12:11 AM. | |
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#2 (permalink) |
![]() OG Triple OG
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Very good write up. Don't try to fool the system and buy a large quantity of really cheap stocks. Chances are that if they are cheap when you are buying them that they won't rise to much. There are exceptions to that, but the tell tale quote does apply here. "It takes money to make money." Unless of course you were lucky and had some stocks in flags before 9/11...=/ ![]() ![]() ![]() I ♥ Legendz |
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#3 (permalink) | |
![]() Site Admin
Ms Pacman Champion! |
Quote:
No man can wear one face to himself and another to the multitude without finally getting bewildered as to which may be true. -Hawthorne Death is the permanent termination of the biological functions that define living organisms. |
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| Last edited by Vorlx : 08-29-2007 at 01:58 AM. | ||
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#4 (permalink) |
![]() HoC Regulars
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hmmmm, I knew a bit about the stock market in general but this helped a small bit with my understanding in general I get the feeling it'll take alot of negative experiences with this stock market feature before anything good comes out of it for me |
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#5 (permalink) |
![]() Has slept with Hell Freak
Tournaments Won: 1 |
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