Minecraft Name:Thecreator767
Suggestion: Reduce cooldown time for selling stocks from 24 hours to 2-4 hours
Reason: It cuts into many investors' strategies to have to wait 24 hours to sell a stock. A LOT can change in 24 hours and this 24 hour period just adds a luck factor. Sometimes, I'm close to making a lot of profit before the 24 hours is up, but suddenly, when the stock is up to sell, the price suddenly drops causing a loss.
Any Other Information:
I don't see any reason why it should be so long. We have a 15 minute delay in price updates, but it doesn't make any sense to me to have to hold onto a possibly volatile stock for at least 24 hours.
Link To This Plugin: I assume it's an easy fix considering I've seen people toss around numbers about suggested cooldown.
Edit: Also, the exchange is only open for 6.25 hours on the game :p Do we really have to have a cooldown almost 4 times longer?
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Thecreator767 BuilderBuilder ⛰️ Ex-President ⚒️⚒️
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It is a game and I personally think 24 hours is a fair amount of time.
I believe that if it was set to 2 hours, you will still find yourself with the chance of the price suddenly dropping just before you selling causing a loss.
Finally, as this is a game, may I suggest you look at this as a long term aspect and that it may be wise to stay away from volatile stocks?
There are thousands of sites available to play day trader on.-
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Thecreator767 BuilderBuilder ⛰️ Ex-President ⚒️⚒️
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