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AwesomeJ's Posts

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Christianity EtcRe: Is Christianity The True Religion? Debate by awesomeJ(m): 8:00am On Apr 06
Seun:
The best evidence that Christianity is not true is the account of the resurrection of Jesus in the gospels. The accounts in Mathew, Mark, Luke and John are contradictory on basic facts. There is no way to construct a coherent account of the resurrection of Jesus that does't contradict one or more of the biblical accounts. See the contradictions below:

Who went to the tomb?
John: Mary Magdalene alone.
Matthew: Mary Magdalene and "the other Mary."
Mark: Mary Magdalene, Mary the mother of James, and Salome.
Luke: Mary Magdalene, Joanna, Mary the mother of James, and "other women."

Who was at the tomb when they arrived?
Matthew: One angel sitting on the stone outside.
Mark: One young man sitting inside on the right.
Luke: Two men in dazzling clothes standing inside.
John: Two angels sitting inside (but seen later, after Peter and John visit).

What did the women do afterward?
Mark: They fled and said nothing to anyone because they were afraid.
Matthew & Luke: They ran with joy to tell the disciples.

Where did Jesus first appear to the disciples?
Matthew & Mark: The disciples are told to go to Galilee, where they will see him.
Luke & John: Jesus appears to them immediately in Jerusalem.

If the supposed eye-witnesses of the most important event in Christianity couldn't agree on basic facts, their religion can't be true. Right?
You really should look up the meaning of contradictory. So if you had a 360 degree camera system, the fact that the 360 degree view shows a tree and a tank around your car whilst the rear camera only shows the tank is what your ignorant mind defines as contradictoryhuh

If John says Mary Magdalene saw Jesus, while Luke says Mary Magdalene and two other Mary saw Him, in what thwarted reasoning does that constitute a contradiction.

Is it my burn? You will have an entire eternity to learn these things in regrets, while the rest of us are cruising around distant planets and galxies. As if your choice to believe does any favours to any person. Good luck with your hope of escaping hell.
Nairaland GeneralRe: Nairalanders, Talk To Me About Nairaland by awesomeJ(m): 7:34pm On Apr 04
Hello Seun, could you make post quotes be references rather than copies

That way when a post is modified, the update is automatically pushed to all quotes of such posts without the quoters needing to modify their own quotes of said posts.

I'm sorry if it's a feature that's already been asked or even implemented, I didn't go through the many previous posts on the thread.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 12:12pm On Mar 31
yMcy56:
Abeg rest!
Is it because I said sorry to you?
When bear comes,.you'll still come and tell us about how you're making money trading daily.....
Those your activities, isn't it suspicious in the first place?
Abeg, no quote me again, I no get your time.
Allow make I see road jare, results are pouring in....
I'm not the source of your ignorance and confusion and I wish you keep wallowing in them for as long as you choose.


If failure is all you get from this market, I'm still not to blame. Just get more knowledge and experience and with time, you might have better results.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 11:02am On Mar 31
9am to 4pm should be sweet! grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 10:46am On Mar 31
yMcy56:
No vex Pastor.
If it's Agba I'd mentioned, no one will raise eyebrow....😊
Sure mention him with such if he's comfortable with it.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 9:58am On Mar 31
yMcy56:
Just pulling his legs...
Make una no dey take things too seriously...
Did anyone read the newsletter and what led to the sanction?
Pull my legs with something positive.

Do not associate me with anything questionable. I'm a pastor in the making.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 7:34am On Mar 31
yMcy56:
DISCIPLINARY ACTION AGAINST 5 LICENSED BROKERS
* AwesomeJ hope you're not one of those that caused issues for one of them. 🙊 lipsrsealed🥹

* We repeat: NGX is not kalokalo, baba Ijebu or Casino Place...... Manipulative Traders take note! They'll fish you out one day 😁

1. CSL Stockbrokers
2. Cowry Securities
3. Meristem Stockbrokers
4. SMADAC Securities
5. Associated Asset Managers

Penalty/Fine:
CSL: N91.2M shocked
Others: N50M 😳
You're very ignorant if you think trading is illegal in a stock market, or if you think the only way to succeed in it is via sharp practices.

If you have 1% knowledge, what you need to do is calm down and understand that there are people with 10000000% knowledge and they will definitely succeed in areas where you struggle.

What you should worry about is your constant request for people to drop insider information for you, that's what is illegal and I've warned you about it previously. Requesting for and using insider info is illegal and you should stop it.

Smart trading on the other hand is not only legal but something the people at the exchange will celebrate us for when the time is right.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 8:54pm On Mar 28
aj8:
AwesomeJ, thanks for sharing. I commend your investment courage.
Would you most kindly please with respect to your shared statement, kindly clarify the following:

1. Is your referenced sales revenue the same as the sum of stocks that were “sales” made from the total transactions of 1.65 billion and the rest purchases?
2. Were the transaction fees the same in sales as in purchases?
3. Please explain the terms spot P & L, unrealized, and realized P&L

Can I assume that profits were recognized only on attaining on average, the quoted margins above transaction fees?

I would appreciate your further feedback. Thank you for your attention, sir.
Good evening sir.

1. Yes sir. N831m sales and N815m purchases (reinvestment for the purpose of tax 😁) for total N1.65bn trades

2. The transactions fees are set to a total of 2.3% round trip. Buy side is about 0.9175% statutorily, sell is 1.2175% for a total of 2.135%, this 2.135% is what I add to whatever my entry price is to get my BEP. I add another 0.165% to cover the cost of X-Alert as well as the little markup on the selling prices. (I added an asterisk with a corresponding footnote on that line in the cost break down) I spoke about how getting an exact percentage can be tough especially with X-Alert. So I use 2.3% for now. I might refine the calculation whenever I'm in the mood to code again, but for now 2.3% works just fine.

1. Spot are gains that I made from positions that I entered and exited within the reporting period. If it's a weekly report for instance, my spot gains are gains I made from positions I opened that week and exited that same week. It's my favorite

2. Realized gains are from positions I exited in the review period, but opened prior to that period

3. Unrealized gains (paper profit) are gains from positions I opened in the period but am yet to exit. They're my least favorite.


In Q4'25, I had negative realized gains, cos I had to exit some positions at a loss in November.


I'm glad you're paying attention to my small report.

I hope I was able to provide the answers you wanted.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 7:46pm On Mar 28
Teenaira:
This is not only beautiful, it is a great achievement. Both the brokers and banks will definitely be happy with you. You are indeed a big oga. I will like to learn from you. Congratulations on this achievement.
Thank you sir/ma 😁
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 7:14pm On Mar 28
isaacosas01:
I understand you can’t share proprietary knowledge publicly. I pray you keep winning.
You inspire me to take the NGX seriously, your numbers are unreal! Well-done!

On market outlook, March was flat, what do you think Q2 on the NGX will bring?
March has historically been one of my slowest months.

I expected it.

I think barring any new listings, and barring recovery on AIRTELAFRI, the index will do
185 - 225k
Or more narrowly 190 - 210.

We can still trade the swings. 😁

Long termers may find the quarter boring.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 4:17pm On Mar 28
isaacosas01:
What strategy are you using please. Let learn from it.
It's proprietary, it's spiritual too.

The evidence that it works can be seen from my posts here like mentioning the thresholds the index will cross per time, saying japaual won't hit #5 when some people thought there was $21bn gold worth that would push it to #1000,and recently stating that PRESCO would close on full bid this past Monday. I said that the Friday before.


If you can be right about most of these projections, it's only natural for your results to reflect your accuracy.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 3:37pm On Mar 28
@HeisinMe, it looks like you edited your post to mention the specific figures you're not clear about.


11m is value of equity(stocks alone) held in January.

21m is the portfolio value( 11m stocks + 10m cash)

Usually 10-70% of my portfolio is held in cash. It has to be that way for every trader.


I hope this is clear now.

I also think the reports labels them distinctly??
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 3:34pm On Mar 28
HesInMe:
No offence, but the big changes in your starting and ending equity balances make this report a little suspicious o.

I'm not questioning your legitimacy. But the beginning and ending balances are usually the surest numbers: You get them from trading account statement balances; they're not calculated like trading volumes are.

Maybe check again?
I don't get what you mean?

Could you point out the figures you're not clear with?

I think your questions are asked in good faith, so we're good, and I'd be happy to clarify.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 12:48pm On Mar 28
ositadima1:
Ok nah, kwantinue. You nah big genius.
You're right.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 12:38pm On Mar 28
ositadima1:
That edge will be quickly eroded once others catch on to what you’re doing (Have been eating from it too in the last few months). This strategy won’t last long if you keep exposing it, buying from impatient sellers and flipping for small profits. You should already be planning your next strategy, because at this rate, you’ll soon be sharing those returns with a wave of new entrants, some of whom may be even smarter and more resourceful than you. You dey make money, enjoy your money na, make the thing no cast. angry undecided
You mean your own strategy will soon casthuh


You don't have any clue on what I do so why not speak just on the one you understand.


When you say a strategy will cast, it's only your own strategy that will experience that cos that's the only one you know.


This is an upgrade though from when you thought it was all false or that it could only work in a bull market.

You always try to explain something you're completely clueless about.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 12:26pm On Mar 28
HesInMe:
Kudos. This is a bit of an unconventional way to represent the top line of a proprietary trading business. If you could explain: What does "Gross Profit" here mean, and how did you estimate it?
Great questions.

As for the top line, Total volume traded is more important than just sales in this business, maybe you do not agree.

As for the gross profit. I was already thinking it was too vague in the report while i went to my barber's this morning.

I'm back now, and i've updated the code to add more context.



Gross profit = Total sales - value of stocks held at start - value of stocks purchased + value of stocks held at end.

see:

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 10:54am On Mar 28
SonofElElyonRet:
Na full end of year result be dis o. Even quoted companies will be jealous
😁😁😁
Full year target is N50bn volume at 2-5% net margins.

Usually over 80% of the gains are realized at any point in time, the unrealized portion is always below 20%. I'm particular about that. 😁
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 10:21am On Mar 28
PassiveInvestor:
When you’re ready sa ready to open “Awesomej School of Market Charm” or take on a protégé, abeg no forget me o. I don book my spot since 😄

Sha remember to teach me first when you’re ready o!
Okay sir 😁
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 9:50am On Mar 28
Q1 2025, I started with a N2m portfolio, and then took loans at up to 156%, now i reject loan offers, I even reject money from friends at 0% cost grin grin grin

God is awesome!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 9:44am On Mar 28
Guys, I have some preliminary Q1 numbers for my trading, they're pretty compared to last quarter.

N1.65bn with 2.16% net margins traded compared to N669m at 1.32

the quarter still does have 2 more days sha, but i just finished vibe coding this income statement feature so I'm happy to share.

Full quarter volume will be above N1.7b with earnings likely to top N37m

I paid N1.3m for just stamp duties alone grin grin grin

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 11:37am On Mar 24
Yay!!!!! one of my faves, AIRTELAFRI is finally being revived. grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 7:29pm On Mar 18
jckgroup1:
NGX introduces futures, guess it should interest you.

NGX30U6 futures
PensionU6 futures.
Wow...
Thank you.
I'll read up on it.

I should also start planning a new brokerage account, cos the current ones I use don't even allow trades on the DEBT board.

Thanks again. cool
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 12:07pm On Mar 18
Xidget:
If it closes at 1710 today, next week, you can get it within that range grin
If it closes at 1710 today, next week it will be on FULL BID.

It will close above 1800 today though.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 12:41pm On Mar 16
Index above 200k cool cool

I got the call wrong this time, but it doesn't matter, since we're all making money still.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 2:30pm On Mar 04
crownprince2017:
Where is awesomej, it been quite a while here...
I'm revising my volume target for 2026 to N50bn with 2-5% net margins.

Since that figure is higher that the revenue made by most NGX companies, I'm realizing that my activities are becoming more significant in the market, so I can no longer make as much comments as before grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 2:27pm On Mar 04
PETERiCHY:
He mostly profits from the market, when market is trading sideways
When the market is open!!!! Always! grin grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 3:31pm On Feb 27
Agbalowomeri:
Lol how many times you wan buy and sell ETI grin
As many times as it oscillates na.

As long as we're not doing fixed deposit.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 2:13pm On Feb 27
Market set for 4 consecutive red close.

First weekly red since January.

The pullback was necessary.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 10:00am On Feb 27
Agbalowomeri:
Cheap commission comes at a cost
Not necessarily.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 3:50am On Feb 27
4willer:
The experience with Morgan Capital has not been very palatable. Shares of subscribers missing from their portal is not a good experience.

Phone calls (not picked up) and emails have not been working...neither were emails to CSCS.

So sad.
.
The shares aren't on their portal so they can't be missing there from.

The shares are in your CSCS account.

Sometimes their trading system fails to capture every trade in the market, thereby causing a disparity between what's shown in your portfolio balance and what's actually in your CSCS account.


Whenever this happens(since last July), I raise them an email, I know for a fact that Atlass does a complete reupload for the entire session thereby correcting for all other customers as well, I haven't noticed if Morgan does it system wide too or just localize the fix to my account, but they do fix for me whenever it happens.


I have a system that tracks my portfolio valuation down to the last kobo, so if anything is amiss, it's easy and fast for me to spot and escalate.


Try to get your CSCS statement.

If you can't get it via email, you can subscribe to CSCS online access to give you direct access.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 6:24pm On Feb 26
Agbalowomeri:
grin grin grin
I dey collect babes o
Make your babe no near me
Okay sir 😁
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 4:38pm On Feb 26
Agbalowomeri:
A new born baby will confidently put hand in fire grin grin grin
If the new born baby can dictate the enthalpy of the fire, he will make a sweet toy of it 😁😁

When market is too high, you turn it down a bit, later you raise it back up, and life is just sweet.

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