Zagee:
50% profit in Mara. One month run.

yok:
MORAL LESSON OF AVOIDING NEWS TRADING - HAPPENS ON 11 JAN 2024

CPI dissapoints, bullish expectation will likely be muted for some few days.

Trading the news can make you lose your gain of one month in just one day. Thus, we can see what we will gain by just avoiding a big one day loss. For me personally the need to get out of the market before the big news is sinking into my consciousness little by little.

Obnoxious2001:


I have covered my face.
Please how do I learn/get involved

emmaodet:

Instead of being a day trader, why not long term investor

sharone21:
Hi. Anyone using dabafinance for stocks and reviews

sharone21:
Hi. Anyone using dabafinance for stocks and reviews

Davigle:
Hello sir @aremso, pls I would like to know your take on
WFRD

aremso:
@Davigle $WFRD has done 52wks low at $51 the stocks is great with nice revenue but I think you should be patient to see if it can pull back before you enter.


Your DD applies!

yok:
THE NIGERIA MARKET IS BOOMING
I am sure by now "shoemakers will be thinking of putting money in the Nigeria market". Market has risen to the level where professionals will be buying with care. So, if you are buying Nigeria stock, have a short time horizon in focus.

For me, for the fairly long term, global stocks are still the best. I will be buying Nigeria stocks from time to time, but not at this highly extreme prices. I will buy more on retracement

Goodluck to everybody.

yok:
GLOBAL MARKET STILL HOLD THE ACE NIGERIA RISING STOCK PRICES LACK LONG TERM FUNDAMENTALS

Our twitter page shows some funny solutions by the Government to solve problem of inflation and lack of foreign investors. The proposed solutions are funny and is showing us that we have people who have questionable academic qualifications (did they truly study to get their degrees?) .
Insights.


Okay, let us take problem of inflation as an example. We all knows the secondary school definition of inflation, too much money chasing fewer goods. Our Government solution ( is funny but that is what our Government has done) :reduce the access to cash for basic spending by the general public, by the time the general public do not have money in their pocket inflation will go (make cash unavailable, if people want to withdraw 100k,banks to give 10k,banks should not load money in ATM so that the public will have virtually no access to Cash). Result: inflation stays.

A better solution like what the US and Co has done, reduce Government spending, Open market operations etc. But the Government has failed to curtail the public sector spending (so maybe our policy makers only remember the definition of inflation that they learnt in secondary school " too much money chasing fewer goods", as the real solution which maybe is learnt at higher level is not remembered, so we should ask ourselves, can we trust that these people realy study basic economics for their various degrees?

We will look at the solution for attraction of foreign investors soon. You know they knew MSCI left Nigeria and they think MSCI is looking for Countries with booming stock market without considering risk? We in this forum and NSEMPA knows that MSCI people are pure professionals in their game and cannot be attracted by gimmicks, government give their cronies money to buy stocks from the market (do not be suprise if some of these Beta Edu/ palative money & Co were diverted through private pockets to pump us the stock market!!!).

Conclusion, we will only buy stocks with good fundamentals in the Nigeria market and we are thinking short term. Main action remains here, especially if we are interested in profiting from the Energy sector

Today, in global stock we are relaxing we know risk is fairly elevated, will take profit if necessary, real season for more aggressive investing will start tommorrow after the CPI report. We are looking to play on the bullish side as we know rate cut is real for the US.

yok:
MORAL LESSON OF AVOIDING NEWS TRADING - HAPPENS ON 11 JAN 2024

CPI dissapoints, bullish expectation will likely be muted for some few days.

Trading the news can make you lose your gain of one month in just one day. Thus, we can see what we will gain by just avoiding a big one day loss. For me personally the need to get out of the market before the big news is sinking into my consciousness little by little.