₦airaland Forum

emmanuelewumi:
Person wey dey find margin loan to trade stocks but no want make stockbrokers out a restriction on his stockbroking.

Na that kain person go wan drop the document of his house.

Me I no dey accept house document sef, you fit go report to the land registry that you house document was stolen. So you better involve a lawyer and a property professional if you want to accept house document as a collateral security

You don't understand what I meant by restriction.

What you described where you can trade and withdraw as long as your balance is above 200% of the facility, that's not restriction.

Restriction would be placing lien on my portfolio altogether.

Then those who don't do that charge high brokerage which is a bigger restriction.

I never said setting a balance threshold while I can trade freely above the threshold and with low fees, I never said that's a restriction, you assumed it.

emmanuelewumi:
You can have your Hedge Fund, your friends and family who believe in you can subscribe to it. You have your Memorandum of Understanding but you can't market the product to the public

Yes. Just not scalable. We need to develop depth in this market.

Streetinvestor2:
If it is not equity fund so what will it be called. Abi you prefer zo call it equity investment.
Or you have plans to invest beyond stock if u get such fund in future and approval

I replied to you o. I don't know why Seun's not banned me.

I mentioned words like Cassablanca, T-bills and 70%. I no know which one vex am.

leo1234:
Others are seeing red, you are seeing green



Please give us tips 🙏

😁😁😁

When others see 1354% in stocks like NCR.

I hardly see 5% o.

So let everyone stock to what works.

emmanuelewumi:
Unfortunately there is no license for a Hedge Fund in Nigeria.

You can't have a Hedge Fund in Nigeria, but subscribers to the fund must understand the risks involved and the fund is not regulated by SEC

Imagine.
How can an entire country not have hedge fund license.

Thank God I'm still young sha.

I will still enjoy maturity in this market before I retire.

At least 10 years after Agba has retired to the beach.

emmanuelewumi:
Just that the custodians of the fund are the fund Trustees, the fund managers only invest the funds

You're talking more about asset managers.

My product requires a hedge fund license.

Typically, I won't be allowed to have clients below a certain amount in net worth. Only HNIs, but I'm not exactly sure what the sec regulations on those are.

My guess is that they'll be boring, given that the entire market sef is still boring.

So many instruments still missing.

Imagine if Agba could buy options and finally short his GTCO, would he be doing boring fix deposits.


Those guys on customs Street are just sitting in suits and A. C being comfortable with a market of 230 million people doing just $10m per day.

When we should be doing up to $1bn daily if market was deep and advanced enough.

It's only to be celebrating boring T+2.

Something that's mostly just updating one line of code , changing compliance rules and updating cron jobs.

Is that why we are here

emmanuelewumi:
In short you are doing a balanced fund, with a mixture of equities, fixed income and money market.


[b]We do margin lending in Nigeria for traders and investors, [/b]but their is no fund approved by SEC that does margin trading

It exists is different from it being prevalent.

How many brokers do you know offer it in this market without any restrictions on your Portfolio.


I've been asking Morgan for it since 2021, their excuse is that the SEC suspended it.

Talk to a bank, they start looking like stock trading is like forex that nobody understands.


The fact that you get it doesn't mean it's prevalent o.

emmanuelewumi:
So are the underlying assets in this fund you are planning to have?


Are you sure he can't meet up with these requirements?

These requirements are even easier than for a microfinance bank.

If that's all it took, I could get the license in 3 years or less.


But AI is probably hallucinating rubbish, so I'd rather expect something tougher.

emmanuelewumi:
So are the underlying assets in this fund you are planning to have?

Still doesn't make it an equity fund.

You do mutual funds so you should know this.

There are bond funds that have equity exposure, there are balanced funds , there are Guaranteed income funds.

Then there are equity funds.


Maybe our market will finally wake up/advance to a level where you can just walk up to a bank, the SEC or the exchange and have them create a non existent investment product just for your own strategy.


Like how credit default swaps were created for that Doctor by Goldman simply cos he asked for it.

But here we are still not even able to do something as basic as margin lending.

If you build the product exclusively for HNIs it becomes easier to scale the approval hurdle with SEC @SonofElelyonRet

SonofElElyonRet:
SEC would never approve it.

I suspect that hurdle.

You are simply playing the odds

You're simply assuming on what you don't understand.

emmanuelewumi:
Nothing like a guaranteed monthly return on an equity fund, you can have a minimum annual return

I didn't say equity fund now did I?

You assumed.

NSEstudent:
I see.

Must be a tedious stuff to do.

Some people can drive with their eyes closed, others can't even hold a steering wheel steadily.


I exert less effort in a week than it takes the average lagosian to commute to work in a day.

ositadima1:
I already have something similar, though with a lot of checks. It trades a maximum of 10 stocks and rebalances every month. It’s up 35%, even though I started just three months ago. I’m currently testing it with ₦3 million. That said, I know it’s probably just riding the good times we’re in.

Good for you.
Keep refining.
If it's blessed, you will start seeing it as completely risk free.


Also since it was green in November, it might be better than you think.
There aren't many months that are worse than November 2025 over the past 5 years.

ositadima1:
It’s not an explanation; it’s a guess. That’s how I would trade the market, but it’s high risk and can give back all the profits, and more, if it gets out of control. I don’t think there’s any magic in all this.

Which is why you can't replicate it. Cos you assume what's not.

It would be 200% in 5 years.

Sophisticated investors like Agba that made over 500% in the past 5 years would not find it attractive.

Those who held dollars and made 300% in the past 5 years might consider it given that the likelihood of another 300% (naira at 6k by 2030) is low

Then the vast majority of people doing 18% p.a or 90% will probably take it. Especially when fixed income yields crash to single digits.

ositadima1:
He probably buys all the liquid, high-cap stocks and then hopes that, on average, the winners will balance out the losers. Over the last one or two years, that would have been profitable. When the market starts correcting, we’ll see how it goes on average, lol.

You do realize that you don't have to give an explanation to something you have no idea about right??


Maybe it's better you go back to believing the numbers aren't real 😁😁

SonofElElyonRet:
You can't be serious about guaranteeing returns

Why not?

It would be a win win.

If I know I can make 300% in one year, even if the next 2 years are 0%.

I can easily pay 40% for 3 years and still have another 180% for myself.

The thing about the guaranteed 40% is that they won't get anything above that too in years when the average investor makes over 100%.

So it's 40% no more, no less, regardless of market conditions.

Streetinvestor2:
OK I get the game
You try to win more.
Do you see yourself taking the kind of risk you do on some trades if your fund is in billions.
Or you become more selective on stocks u buy to mitigate any south movement in a day
Like I did with insurance stocks. I through in 2.or 3 million in some but cannot put 20 or 30 million in those particular stocks

The idea is to grow with the market.

5 years ago, the market used to do N200bn a month, I would celebrate N20m per month then.

Now the market has grown 5x to about N1trn monthly, I've grown 15x to about N300m monthly.

N1bn is something today's market can easily absorb.

With N1bn, the only thing is that I may end up doing just N3bn in monthly trades (3x turnover) compared to over 7x turnover I currently do.


Also the only risk in my trades is risk of trading low volumes (like trading less than N5m) in an entire day. even that just only translates to small profits not losses. Thank God.

Streetinvestor2:
OK I forgot u are using your own fund and not stockbroker fund or margin facility. So your broker is exempted from any kind of risk.

The broker willing to give margin facility insists on 1% brokerage fees.

Let them keep their margin facility if I have to be paying extra N1.5m in trading fees per month.

NSEstudent:
Did you subscribe to the expensive NGX api, or how do you feed data to your tool?

No.

I input manually.

For context, at that start of this year, all I had was N2m in my portfolio whereas at the same time I owed N7m to banks and friends.

I basically had -N5m net.

I had to borrow at up to 156% annualized cos for me, I must trade in every market session, even if I have to borrow expensive money trade.


So while it's been a good year, it wasn't a year in which I could have afforded to pay for expensive APIs.

Losses are absorbed by more profits.

Only a few days are red. Less than 5% of days.

I can't remember the last time I had a red week.

The longer the time frame the less the probability of a loss.

@streetinvestor2

Streetinvestor2:
At what point do u withdraw profit. And what happens the day u make loss too.
That means ur daily trading is bases on TA tool u use.I am wondering how u decide what u buy in a day and equally sell.
Let say transcorp hotel if you sold today and made gain what happens if you don't ever see it on the price u sold to buy again. And now happens to buy it higher. Will you still consider the first transaction a gain

When I need money na.
Like today I sent in a withdrawal request for 200k, when I saw the market was better than I expected, I changed it to 500k, but my brokers only heard go, they didn't hear come again.

They only processed the 200k.


What do I buy, what do I sell? That's for me to know.

Agbalowomeri:
As long as you no make the kind of losses that I made in my journey

I won't na.
Since I'm not following in your footsteps 😁

Agbalowomeri:
Omo you dey trade with 16Billions
When you are big you are large

By November 2026 when you exit your fixed deposit, I should have exceeded 10% of your portfolio size, despite the fact that you probably started while I was still in college 😁

stokfrick:
What stock gave you this ROI

It wasn't a stock.
It was the market.

I trade the broad market.

About 0.1% of all trades.

I also shattered my 2% margin ceiling.

Net margin for the session was 3.67%

My most profitable session per hour:

Comes out to N612k in 2 hours.
That's $211 per hour after tax

equivalent to over $300 per hour gross.

Agbalowomeri:
Na like this Ololo take start o

Seeking SEC approval??

Anyways, like you, people should gather ample knowledge and understanding about products they choose to invest in, and no one should invest in products that aren't regulated.

ositadima1:
So my guy, you suppose open trade fund make we wey be NSEMPA gamblers and traders follow dey enjoy as you dey crack market so. No dey chop alone ooo 😂.

With time.
In a few years.
If I get SEC approval, I'll open a fund that pays a fixed monthly, quarterly or annual returns to holders.

Could be 3% per month, 10% per quarter or 40% p.a guaranteed.


I'm already running the experiment with facilities priced at up to 193% p.a, and so far it's been smooth.

ositadima1:
Teach me work, Baba number 2. How many million enter this time? Make we follow you dey chop nah 😂.

I'm waiting for brokers to upload trades.