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Re: Nigerian Stock Exchange Market Pick Alerts by davide470(m): 1:57pm On May 21, 2015
mercylicious:
What happens to ppl DT HV cash with Bgl?
Pray and Fast..
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 2:06pm On May 21, 2015
wats happen in d house.. so so quiet
Re: Nigerian Stock Exchange Market Pick Alerts by stockmetrics: 2:07pm On May 21, 2015
Princkez:
wats happen in d house.. so so quiet

stocks are taking a beating. JIJO is failing. sad embarassed

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by dasanchez1(m): 2:20pm On May 21, 2015
Youngzedd:


Just be reading everything that is been posted here.
My Ogas have already posted enough info.
thanks. I will surely do as you said.
Re: Nigerian Stock Exchange Market Pick Alerts by ifeykay(m): 2:49pm On May 21, 2015
stockmetrics:
The NEM and NASCON magics.

Experts here please help answer this question: How does NSE fix the last price of stocks? Or, better put, what qualifies a trade for last/closing price. Thanks

Any single trade of 50,000 units and above (for stocks priced N99 or less) results in a price change. If this happens to be the last trade price for that day it then becomes the closing price for that stock.

However, a stock priced more than N100 requires only 10,000 units of single trade to result into price change.

Hope this helps.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by teezpee: 2:54pm On May 21, 2015
Why then did Skye bank closed at 2.87 yesterday and opened at N2.73 today?
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:23pm On May 21, 2015
Mercy love, how market? I don tell u make u no dey enter stock wey don gain 20% in a week. U no go hear

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by paulcube: 3:29pm On May 21, 2015
Agbalowomeri:
Mercy love, how market? I don tell u make u no dey enter stock wey don gain 20% in a week. U no go hear

Skye is taking a breather.... it is still going up.
Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 3:31pm On May 21, 2015
Abeg who has the corporate action details for NEM, Fidson and C and I leasing?
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 3:40pm On May 21, 2015
paulcube:


Skye is taking a breather.... it is still going up.

Marked down for bonus. And still gained.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 4:05pm On May 21, 2015
rebekah2011:


Marked down for bonus. And still gained.

Confirmation bias?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by UD4040: 5:44pm On May 21, 2015
Guru's in d house- pls kindly help out with names of coys whose FYE is in june- thanks
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:58pm On May 21, 2015
This article is very important as the market is entering the transition phase of the year...

4 Trading Pitfalls to Avoid

It is important to recognize some of the common pitfalls of trading and the emotions—euphoria, fear, excitement, anger, greed—that underlie them.

Analysis Paralysis—Fear

There is a quest by many for that perfect trading strategy. That search can lead to numerous systems, rules, newsletters, software, and studies; some of which will contradict one another. This mass of information can paralyze you; there is just too much to consume. A successful trader will need to identify what resources fit best with their trading psychology. Knowledge may be power, but that does not mean that five, or fifty, trading systems are better than one. Find a system that makes sense to you and supports your trading objectives. Then, focus on setting reasonable expectations, managing risk, and evaluating your results. Make adjustments as you learn more over time about what works or doesn't work for you.

Chasing Big Wins—Euphoria/Greed

Some traders believe that making money calls for home run trades. Maybe they have a friend who bought something for $10 and sold it for $200. People love to talk about their home runs while not mentioning their strike outs. Trading is usually much more of a grind. Many seasoned traders look to hit singles and doubles vs. swinging for the fences. People can still long for the 'lottery trade' that will mean early retirement, but this is a trap. Things that position a trader for big wins may also expose them to big losses. It is far better to manage risk and try to keep losses small. One way to keep this big trade hunger in check is to decide how much is enough for profit and loss before a trade is placed.

Revenge Trading—Anger

Losing money hurts...badly. But, making it personal can be dangerous. Some traders who take a loss on a stock will want to get it back, as if that stock were a person who stole their money. Let it go! The stock did not intentionally act against you – you just had a losing trade. Revenge trading hurts the trader much more than the stock in question. You are likely better off with a fresh start trading a new stock than trying to get even on a stock you just misread once. Don't make it personal.

Over-Trading—Euphoria/Greed

Being serious about trading doesn't mean you have to trade every day. In fact, being serious about trading can mean frequent "no trading days". People who think they need to trade daily will often lower their standards, chase the market, force trades, or some combination of all three. Review your trade history. More activity does not necessarily result in more success. Ask yourself the following: Does this trade fit my rules? Does it make sense with my other positions? Am I uncomfortable doing nothing? Am I trading just for the excitement?

Conclusion

It is common for every trader to see in themselves some of the characteristics highlighted in this article; we are all human. The key to overcoming them is to be aware of the role they play in your trading and to keep them from hurting your trading portfolio.


Source: Charles Schwab

4 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Yem0350: 6:09pm On May 21, 2015
AG LEVENTIS. I am coming for you with full force.
Re: Nigerian Stock Exchange Market Pick Alerts by passwelle: 6:09pm On May 21, 2015
UD4040:
Guru's in d house- pls kindly help out with names of coys whose FYE is in june- thanks
There you go:
http://www.nse.com.ng/Issuers-section/corporate-disclosures/regulatory-filing-calendar
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:20pm On May 21, 2015
Marked down? Where did you get this information from?

rebekah2011:


Marked down for bonus. And still gained.
Re: Nigerian Stock Exchange Market Pick Alerts by chillykelly86(m): 7:42pm On May 21, 2015
Born2berich:
For those that are yet to enter oando, now will be a good time.

Oga mi, is there reason for me to increase my holding here? 16% of my portfolio is Oando and about 30% cash now.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 7:55pm On May 21, 2015
ihedioramma:
have you sell your eterna oil? myjoy08,chibuking81 is eterna oil good to buy now and why yes or know?.

where is my Webster's English dictionary smiley

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 8:20pm On May 21, 2015
bigjay01:

where is my Webster's English dictionary smiley
Unnecessary

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by chillykelly86(m): 8:24pm On May 21, 2015
feelamong:
Abeg who has the corporate action details for NEM, Fidson and C and I leasing?

These stocks... smiley
Re: Nigerian Stock Exchange Market Pick Alerts by MoxyzFM(m): 8:30pm On May 21, 2015
Re: Nigerian Stock Exchange Market Pick Alerts by soloniger(m): 8:32pm On May 21, 2015
bigjay01:


where is my Webster's English dictionary smiley
they used to speak in parables
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:08pm On May 21, 2015
iyamucrystal:
Make your winning sure,this is a screenshot of our midweek fixed matches, get subscribed and get fixed matches from crystal ventures Nigeria.to subscribe, contact our agent on 08136171479

Photoshop...otherwise prove me wrong.... shocked undecided smiley
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:15pm On May 21, 2015
Guys, cut the crap! Except you want me to correct yours.

soloniger:
they used to speak in parables

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:59pm On May 21, 2015
Agbalowomeri:
Mercy love, how market? I don tell u make u no dey enter stock wey don gain 20% in a week. U no go hear

grin
My dear, sometimes u just gamble when u have made recent hit.
Thursday and Friday are generally bearish though.

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 7:31am On May 22, 2015
mercylicious:


grin
My dear, sometimes u just gamble when u have made recent hit.
Thursday and Friday are generally bearish though.

Na so o! arent we all doing some sort of gambling in this stock market? grin tongue

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 7:46am On May 22, 2015
feelamong:


Na so o! arent we all doing some sort of gambling in this stock market? grin tongue
brother good day, give me your number i want to talk to you one on one.
Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 8:54am On May 22, 2015
ihedioramma:
brother good day, give me your number i want to talk to you one on one.

just PM make we yarn..
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:21am On May 22, 2015
feelamong:


just PM make we yarn..

Abeg, make d yarn bring better money.
grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:26am On May 22, 2015
How market?
Nem at 96k
Choi!
Re: Nigerian Stock Exchange Market Pick Alerts by Moneysage: 11:06am On May 22, 2015
mercylicious:

grin My dear, sometimes u just gamble when u have made recent hit. Thursday and Friday are generally bearish though.
L*** nwatiti grin

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