PharmAlfred:
We seem to have more guests than viewing this thread than actual members.

PharmAlfred:
Nobody wants to talk today abi there is no market ni?

currentprice:
EKUUU mkt o

ekuu zenith result this week o

DOLLARTEX:
somebody that I can beat,I don't pray for help from God.

DOLLARTEX:
OK,I am aluta defending champion!we are going to displace badmus at that no1 spot!

PharmAlfred:
Nobody wants to talk today abi there is no market ni?

meshpips:


Regardless of it being a demo account and one in which the trader might need to increase his risk so as to outperform others, you should look very carefully at the parameters in summary :
Profit factor
Absolute draw down
Recovery factor
Win rate etc

Also kindly note the huge advantage of the leveraged nature of the currency market once the trader has precision.

The past winner of the stock trial did about 104% profit.

I have so far done over 1300% profit and the one month duration is not over yet.

I hope you now understand my sore distaste for an unleveraged asset class?

You guys should please stop pretending to be blind and say the truth unabashedly.

chillykelly86:

http://www.nse.com.ng/Financial_NewsDocs/27366_ZENITH_BANK_PLC_CORPORATE_ACTIONS_AUGUST_2019.pdf

Agbalowomeri:


Especially the witches

Witches:


Watch what you say.We are Here .

Agbalowomeri:


Especially the witches

RabbiDoracle:


Market is recovering.

So people wey dey inside bus dey read newspaper. When they get to Ore, they will talk as they eat.

For now face ya front

Valueinvestor:
30k for zenith as expected, uba never announce sef the thing don dey pick race.

RabbiDoracle:


Market is recovering.

So people wey dey inside bus dey read newspaper. When they get to Ore, they will talk as they eat.

For now face ya front

Valueinvestor:
30k for zenith as expected, uba never announce sef the thing don dey pick race.

Krisuba:



Kai. They should please borrow usain bolt shoe so DAT they can run faster!!

onegentleguy:
@ Sir meshpips, reading thru ur posts here, I see why u have been criticized for what could've been helpful inputs.
The problem isn't that u don't talk sense. ...it is that ur talking seems to be chiefly defined by the one motive of wanting to make money off members.
Of course u can make money by getting acquainted with someone u meet here or anywhere else, but it has to come naturally, after building a reputation for competence and efficiency and a good foundation of trust in between.
2 of the persons I manage their portfolio are members here.

A persons VISION might be good, but once it is driven by personal motive and smeared with suspicion, their MISSION loses value and eventually dies in time.
When u pursue EXCELLENCE, success will almost always naturally follow. But 1st u need to be selfless to achieve that. ...and if u truly wish for that, then u urgently need to retrace ur steps.
It would also be nice if u'll learn to properly sieve ur post to exclude certain clauses that could paint u in bad light, before putting them up here.

There are lots of persons who have contributed a lot to this platform. Perhaps even much more than u can ever imagine.
The things u've put up here aren't entirely new. Take my word for it; there are folks here that are more than well rounded in them.
This platform is full of very smart fellows who are distinctive in various professional facet of life, so it'd be out of place for one to assume that u need them less than they need u.
The reason for the seeming attack on ur person by some fellows here is because ur pathways seems to distract from the real aim of this forum. ...we are all here to help each other.
I sense u may not really have bad intentions. Unfortunately though, ur actions and inactions have painted u that light. ...that is what u need to change.
Of course, u can keep up with ur contributions, but change ur pathways.
How? Just rework ur mindset on why u are here, and be SINCERE at doing that.

Just a candid piece of advise my dear.

Regards.

onegentleguy:


Let me try to help;

By my definition, the volume weighted average/adjusted price(WVAP for short) of a stock is an entry-exit trading tool used to estimate the average price of a stock, when benchmarked against its total trading volume.
The idea is to relate the average price of a coy over its cumulative volume but within an adjusted timeframe, with a view to spoting the best entry/exit target.
While it is not an end result in isolation, it can be a helpful tool, particularly for traders.(intraday trading)

One of the greatest advantage of using the VWAP is that it helps u know if ur overpaying or underpaying for a coy/asset.
Apart from given u a clue with when to buy/sell a coy, it can also help indicate the bearish or bullish stance of a coy, its sectoral view and by extension the mkt at large.
I also think its a much better technical tool to predict price direction than MA(moving averages)

Mathematically, VWAP= (Tp + V)/Cv
Where Tp is the typical price of a coy in a given trade day = mean/average of(day high + day low + closing price).
V= volume, while Cv= cumulative volume.

I would've given a rough computation of the VWAP for FCMB today, but i'll leave that for Sir meshpips to highlight. ...since he has a great and more effective tool(matastocks) for it.


NOTE: Even with all its merits, the VWAP or any other similar trading tool should never be used in isolation.
Why?
By default, the VWAP usually resets back to 'nautral' with the opening of each trading day. ...so what(according to vwap) may have been a fantastic entry/exit today could turn out to be a lousy one tomorrow. Especially if the said security is fundamentally unhealthy or if there is a significant news that can impact the price either negatively or otherwise.
So it's ALWAYS best to season ones investment STRATEGY with the RIGHT MIX of a combination of diverse effective technical and fundamental analytical tools.

Salah.

RabbiDoracle:


It is a very easy exercise that you even do when you buy stocks.

Onegentleguy was the first to reply him on the price adjusted volume modelling and even said that the model can't be used in isolation(a limitation).

Even most of use that use FA can't use just one metric(PE) without combining it with lots of other parameters.

At least this can put the issue of his 'almighty formula' to rest knowing that we know what he knows but na money we all just dey find.

onegentleguy:




@ Sir Oracle, I believe u have done enough justice to this meshpips guy.
Some of us know more than enough of these things. ...and I did highlight that while advising him in the 1st post above. It's rather unfortunate that he is yet to change his pathways.

While I wouldn't say that he lacks the basic knowledge of the statistical application of price modelling with the valuing of an asset, I would say that he seems not to understand that even the best modelling is only but an extrapolation which relies on a FORECAST or projection.
...and if that is the case, it would be tomfoolery to adjude such estimate or any forecast for that matter(including the so-called VWAP modelling), as a CERTAINTY !! Some of us had to learn this the hard way.
Infact with the stock market, the only certainty with attempting to forecast/project with certainty, is that of an event whose probability of rate of success drifts closer to zero as the key tool or variant considered reduces, but never gets to 1 even with the best combination of tools/variants.
The interpretation of this is that with valuing any given asset, the probability of success can ONLY be INCLUSIVE but not DEFINITE !!

I have always said that NO one tool(FA, TA, SA...) should be used in isolation. Even with each tool, it makes sense to combine several variants as a COLLECTIVE to achieve optimum result !!(note the use of the phrase; optimum result... and not certainty)

Unless u are some sought of semi-god or maybe 'the man who sees tomorrow', NO one method of pricing/valuing an asset defines a CERTAINTY.
There are 3 points to note here;

1) Every FA is the plausibility of weighing in on the inherent VALUE of an asset by looking out for a safety margin that's good enough to impact positively on its price after adjusting for risk.

2) Every TA is basically a probability ratio of whether(given past events), the share price of an asset is likely to rise or fall over a given timeframe.

3) While every SA is the degree or extent to which the FA and TA valuation of an asset can DRIVE its price in line with economic realities and market trend at the time.

Over time, I have learnt that all 3 input must work as a collective if one desires to WIN more and lose less in the stock market.
It's very Important to understand how to strike a proper balance between the 3 of Fundamental, Technical and Sentiment analysis.
In principle, Fundamental Analysis gives u KNOWLEDGE to the WHAT, Technical Analysis gives u DISCERNMENT on the WHEN while the market sentiment at the time gives a SMART investor the clue on HOW to go about it.
Of paramount Importance is the 1st, because it tells u WHAT to BUY.
...remember; u need to know WHAT to buy before ever u can even consider the WHEN and HOW to go about it.
That was why our dear meshpips couldn't get it right on UACN with his price projection model.(also see the 'note' with the 2nd post above)
The KEY lies in equipping oneself with the words in between... KNOWLEDGE, DISCERNMENT and SMARTNESS.
...once u can do this, u are on ur way to becoming a WINING INVESTOR !!
Worthy of mention is the nugget;

"If u want to KNOW if u can SUCCEED in the stock market, then 1st find out where u fall in between SMART, INTELLIGENT and DISCERNING.
...but remember that the market has been CONFIGURED to have and work with all 3 attribute as a collective."
~Sinclair

The degree to which the 3 method used is able to accurately utilize these inputs, determines how successful one can be with them.

@meshpips, I think it would nice if u could start combining several key tools/variants while attempting to value an asset. ...and even nicer if u could hasten to the advise in the 1st post above. Again, it will do u a whole lot of good !!

Regards.