₦airaland Forum

With the voice of Fabrizo Romano

"It'a here we go"

A car is an extension of your house and dwelling place.

You don't feel the need to dress because you still inside a comfort zone.

Not much but at least we made something while we wait for the next move.

harrykewell:
We are a leading inclusive finance institution in Nigeria with an ₦80 Billion balance sheet and a ₦60 Billion Gross Loan Portfolio across a robust network spanning 16 states. Our core earnings come from short-term micro and SME loans, which feature a monthly interest rate structure averaging 3.5%–4.5% for working capital and 4.5%–7.5% for asset loans. While we have no history of issuing commercial paper, our healthy credit quality is proven by a Portfolio at Risk (PAR 30 days) tightly managed at approximately 2%. Rather than investing excess cash in TBills or OMO, we rapidly deploy liquidity back into our high-yielding loan portfolio and local bank placements to power digital products like Jollof+, which captured ₦7.4 Billion in net savings. Our financial strength is backed by reputable domestic and global institutional partners like the Development Bank of Nigeria (DBN) and the International Finance Corporation (IFC), which can be easily verified on Google. I work directly at our Head Office and warmly invite you and your investors to visit us for a physical inspection to conduct your full due diligence . Our Annual report is online for you to download . I have sent you a pm sir

Your balance sheet and loans portfolio means nothing if I don't get detailed break down and the income statement as I requested to see how things adds up to your bottom line— Revenue, net income, impairment cost etc.

I won't let my investors risk their funds in your bank when your core earnings is from your business. Even Unilever with billions of excess cash still park those cash into interest earning securities and I still don't let my investors hold Unilever stock long term due to Nigeria unstable macros and how it affects FMCGS.


Secondly, you made mention of you guys deploying liquidity into bank placement to power your jollof+ plan — how is that different from the regular MMF these guys do here, I doubt if your bank will always get better overnight rate than some of these big MMF fund managers.

Even without going further I already deduced what I suspected from your response.

harrykewell:
The ₦2m NDIC limit is a fact, and more investors need to scrutinize financials exactly like you are doing.
I work with Baobab, and I highly encourage you to do your independent research. Here are a few quick facts to help:
1. Institutional Strength: Baobab is part of a global group. Our annual reports are fully public online, and we are audited by Big Four firms. You can easily inspect our balance sheet and interest expenses yourself.
2. Test the Waters: You dont have to lock your fund for a whole year. Jollof+ allows flexible tenors. you can test our liquidity and payout speed with a 1-month or 3-month fix first to minimize risk.
3. Open Invitation: I am completely available to answer any tough questions or provide data. If you are in Lagos, we can even meet in person at our Head Office on Ikorodu Road to walk through everything or call me or chat zero eight one four eight four six five two four seven
Take your time to do your findings, and let me know if you need any clarification!

since we don't have access to your income statement because your bank in not a plc.

Can you tell us the following?

1- what's you bank main source of earning? Interest earnings or core business earnings?

2- what interest rate averagely does your bank loan to creditors?

3- Has your bank ever issued commercial paper before? If so, when was the last time?

4- I wish I had I access to your loan books but I can't so — what is your bank impairment cost?

5- what securities does your bank invest excessive cash? Is it SDF, OMO, Bank placement, Tbills or state clearly where your bank invest.

6- Lastly, what was your bank revenue and net income for last year?


Well, I am obliged to ask these questions because I have my own investors I cater to — I do my due diligence when it comes to stocks and other investments, I take my time to study balance sheets, income statements and other fundamentals. So please do us the honor to explain.

DoctorShomo:
If you like spend 48 hours doing your analysis with Fibonacci series, Wyckloff, ElliottWave etc

All it takes is for that mad man in the White House to wake up on the wrong side of the bed and make one of his stupid comments and all your conclusions will go to hell and you will find yourself at the bottom of the lagoon!

Honestly, I am curious — not by your reply, but by the validation of "likes" to your reply, which is an indicator of mass appeal to ignorance. This is so disturbing and that's why religion sells in Nigeria because, you could be wrong but popular opinion and the hate for the other person (as a common enemy) will still means you are right.



Why?

You are clearly wrong but lots of people upvoted your posts because they are also ignorant to the fact and their dislikes for me.

I need to clarify that universal truth is not measured in mass appeal that is why cross examination happens in court before a judge passes judgement.

Anyways, the answer to your reply is:

1- Trump policies has been more pro-crypto down to the "genius act" signed a while back.

2- Trump rhetorics influences the st oc k market more than crypto market, (insider trading, poly market trades etc) so much so that Trump was willing to sell slots to investors willing get his announcement first on truthsocial before it will be publicized to the world.

3- And this is the most important one, please get this: No matter any policy that is meant to sway the market to the bearish regime — a quant trader who uses maths to carry out trades is usually not affected as much because, they don't stay long in a single trade and secondly, their exit plan is more important than entry point plan. Meaning, when the maths stops adding up they exit trade.


So after highlighting all these, your likers to you earlier post should see more reasons to hate this but burn slow to their bone crushing ignorance.

Beeron:
BT C has missed me and I have missed it too.

I have just been focusing more on altcoin for quite a while now.

Let's pivot to bt c for now as we continue this ongoing trade.

Bt c is a here we go.

LincolnOnyeabor:
The way some of us sound so sureee about these things like though we have any clairvoyant spirit or truth orb to see the future.

Anything can and will happen.

hmmmm

How do I begin this to not sound like condescending .... like I know it all, so these petty trolls in the thread who subtly throw shade at me not feel offended and at the same time, I hate sharing good tips here to benefit them because nothing gladdens them because it didn't come from them, they will still hate on me. Again, nothing incentivize me to post good tips here but anyway na them Sabi.

My answer to this your question:

The reason why some people sound so sure is because of a particular pattern(s) they track but you neglect when you do your own analysis and behind those patterns are a great deal of mathematics. So when you can solve the maths, you will be damn sure of a move. But sadly, most guys I see only track patterns and never crunch numbers.

That simple difference is the difference between a professional Quant on wall Street and the everyday amateur that track charts.

So, personally, what I do is when I see a pattern, I will narrow it down and crunch numbers to ensure that pattern isn't a false signal and guess what? With even all these crunching numbers crap I am typing, some trade still go badly but the odds are in your favour most times.


So now we get to the part of why pattern and numbers to make us so sure?

It's simple

The algorithm on that trade computer calculate trades with numbers but you trade with expectation, fear, greed and other emotions. Numerology and emotions can never mix just like water and oil.


Since you were born, you have been operating on emotion operating system but suddenly you trying to trade on a system that that is number calculation algorithm. Your emotions will always betray you because you live and survive on emotions.

But quants traders will kill emotions and switch to mathematics and logic mode to trade and make profit, that is why even bots do a good job at trading sometimes than human only if that bot is programmed accurately.


So do you now understand why some people brag about their proficiency in trading?

BT C has missed me and I have missed it too.

I have just been focusing more on altcoin for quite a while now.

Let's pivot to bt c for now as we continue this ongoing trade.

He not only committed treason, he has lost his freedom and peace of mind for life especially when the Spetsnaz force of the Russian armed forces gets to him when they finally capture Kiev.

His only hope is to d i e in his sleep.

The man who kept Nigeria together in it's fragile moments.

I have been so busy that I couldn't even make out time to post.

I have about 10 trades opened, 9 short positions and 1 long.

These two are the ones doing the highest numbers for now.

If I have time, I will post the others.

Beeron:
situation report; we just got to 101% now.

We just hit 121%

To those that entered this trade as at when I began to update my gains. You should be up atleast 50%

Congratulations on your win eventhough pride won't allow you come out here to admit it. Carry on winning, it's my service to humanity.

Dave50:
Okay noted...but I made my analysis using the Monthly timeframe.
The daily timeframe screenshot I posted was to show a supposed precise top created where many retail traders were trapped on longs.
I analyse my trades in two time frame pairs.
From your explanation you use smaller time timeframes thats okay but that doesn't mean higher timeframe entries don't work .... because I am more of a swing or position trader, and I don't do spot.
I analyse
Monthly with Daily.
Weekly with 4hr
Daily with 1Hr.
And I don't go any lower.
My trading strategy is centered on CRT (Candle range theory)

As long as that your strategy works well for you.

Keep doing your good work sir

Beeron:
woke up to 93%

situation report; we just got to 101% now.

Dave50:
Is Bitcoin crashing to 63k
Time will tell.

Good morning sir,

Let me correct one mistake you making and it is that same mistake ilegend fell into.

1 day time trame and longer duration is a trap because the real move happens long before it is registered and summarized on the 1 day time frame.

Liquidity sweep, fake break out, Accumulation, Distribution etc all those market events happen in quick successions, now trying to catch them in one day time frame would always seem too late.

Keep in mind that volitility is the nature of the market and volitility is how money is being made in the market — if you smoothen it out, how then do you want to make money?

When you trading spot, the only thing you need is patience because the market will come around to hit your target but when you trade futures — you need to embrace volitility and trade it, go with the tides of the ocean otherwise, the whales will eat you up.

Fine — your 1 day technical analysis indicates beeTC will drop, fine. How do you make money with that information?

That's where the real work begins because lots of people are making crazy amount of money using that same information by trading lesser time frame.

Now how did ilegend fall for it?

His boxnalysis pattern could have been right over the course of time but there is a problem he failed to admit which is volitility. He tried to smoothen out volitility over that long duration which gave him confidence, but that confidence is a mirage especially when volitility happens in full force and change the character of the market. This was what happened to ilegend boxnalysis.

Boxnalysis from over the years told him, market will be bearish but volitility showned up suddenly and boom! People took long positions and made money, now even if the market goes back bearish, atleast volitility has taught ilegend a lesson because that is what he has tried to smoothen out in the course of his technical analysis. Big mistake.

Now, I am trying to correct your 1 day time frame mistake, so imagine ilegend who tracks pattern using years.

So you understand my point now abi I should just mind my business?

Beeron:
seems we beginning to gain momentum now. 74%

woke up to 93%

If you new in lagos regardless of where you find yourself and whatever situation — acknowledge senior people in the area by greeting and hailing and don't tell anyone you are new to Lagos.

Naturally, people will perceive you as an introvert who mind their business but the moment you open your mouth and let them know you are new, you have given yourself away to be outsmarted or outdone.

That greetings and hailing part is necessary because one day, you will need thier help.

Beeron:
Update to this slow trade. We now at 63%

seems we beginning to gain momentum now. 74%

Beeron:
It's slow but we would see how far we can get before I get busy and call it quit.

Update to this slow trade. We now at 63%

It's slow but we would see how far we can get before I get busy and call it quit.

Usdtstaking:
I thought I was the only one that thinks using some leverage like x1 x2 x5 is mental torture. Supposing the poster @Beeron enter the trade with let's say $100 and use leverage of x2, for him/her to get 135.55% profit, it means the coin has to pump/dump more 50% of his/her entry price. For me, that is really torture.

But again, everyone has his/her trading strategy. No strategy is perfect. Just trade in a way that helps you sleep at night with absolutely peace of mind.

In crypto trading, it is not how fast you make the money but how long you stay in the game.

Trust me sir.

With this mentality of yours .... You won't last long at the gambling table.

My trade strategy is embedded in the song "GAMBLER" by Kenny Rogers.

Listen to the song word for word and read the lyrics on google and realize that as a gamber, the best you can hope for is to d i e in your sleep.

OgogoroFreak:
Is there incentive in posting the result of only your successful trades?

I dedicate the track "Opon Apala Ti Sun" to you by Ishola Musiliu.

Clemss88:
when you guys want to enter you wount post the entry , it's when it's showing gain you will start disturbing our peace with screenshots

stop being entitled sir.

There is no incentive to share entry price here. I post for you to see the result of my work. Not to feed you fish.

Lou Tzu said "flee from desire, you will realize the mystery; caught in desire, you will see only the manifestation yet mystery and manifestation arise from the same source."

iLegendd:
Boxnalysis has never failed since 2009 and hasn't failed yet.

I just read a few of the people that quoted me and I could see the celebration that Boxnalysis has failed.

No, it hasn't.

Everyone feels it'll fail this year, but nah. I have been busy with life. My shorts are on. One got liquidated and it's part of the game.


Boxnalysis is still valid even though 3 weekly candles closed above the upper green channel.

When the devastating capitulation dump will happen, I hope you guys longing the market will bear the loss in peace.

See you in few weeks.

stop your condescending proverbial creek dude.

Eventhough it's hard for your followers to admit and call you out on your bull crap.

The fact of the matter is — your boxnalysis failed woefully but your followers wouldn't understand because — as someone like myself who spends time tracking patterns on technical analysis and like other most professional traders will notice too — If a strategy fails, there is usually a backup strategy ready to cover up the lapses and that is holding out for long (long term trade), well, even a spoilt clock is usually correct 2 times in a day so basically, at some point, the market will come back to hit your target but you must have lost fees holding the trade for that long. Not to mention that you admit some of your positions was liquidated.


Now holding a trade for long is no strategy because a beginner taking their first trade can do that if they are patient enough. So you see, your strategy failed woefully but you slyly masking it to be still efficient eventhough you have indirectly switched to be a long term investor which is not a strategy but a back up hahahahahahahshah.

So sad because your followers will not understand this but only real traders who track patterns would understand it.


The condescending part was where you said — people who long will get burnt .... Like as if, you didn't get liquidated In this rally. See how contradictory you sound.

Benalfa:
noticed you don't drop the trade before going in chief.

No sir,

No incentive to do that at all.

Good time management is what i see here eventhough it's risky.

Mechanic does his job on the move, saves him time to get another customer.

Driver continues with business to get money from passengers to pay mechanic.

Passengers are being transported to their respective destinations with no delay whatsoever.

This cycle ensures the flow of money without delay and no excuse of the bus is faulty.

Beeron:
Just got to 101%

Just got to 135%

Beeron:
And so, I took another one yesterday eventhough I was busy.

Currently doing 51%, I will see how long I can hold out before I get really busy again.

Just got to 101%

Alexas58:
Been scalping and shorting the market slowly
Still yet to recover from my losses

Note: what I’m trading is futures and it’s prop firm

Nice one sir,

By my calculation, sir you were too early to take short position on BCH, investors haven't fully made up their mind to dump yet.

However if you wait a little longer — from now till midnight, they will give up hope and then, your BCH trade will begin to yield result.

If I have time, I might short this same BCH to see how much I can get from it.

Beeron:
And so, I took another one yesterday eventhough I was busy.

Currently doing 51%, I will see how long I can hold out before I get really busy again.

Update on this, we now doing 94%