JayExperts:


No wahala.....I say make I follow person wey know road. Thanks

KenBen217:
However I need to know from experienced investors,what do you look out for when investing in stocks because I know this is not guess work nor is it entirely luck. How do you source information? What statistics do you look out for and where? Thanks in advance

Coolcash1:
I know we have a lot of newbies joining the forum now to trade in US stock market and it cannot be overemphasized, the need to always go extra mile before investing in any stocks. Same goes for the useless reddit stock alert disguised under fighting HFs (hedge funds) in shorting under performing stocks. People should not blindly follow alerts or stock picks or copy trading thinking they could make fast money from it because more often than not it always end in premium tears! The truth is, 99% of the time, the person/analyst giving the alert has already taken position in the stock and needs to push the price up.

So that people don't get me wrong and those who have taken it upon themselves as a service to this forum by posting stock alerts don't get discouraged, their selfless spirit is appreciated but there is need for users of such information to carry out due diligence on their own before committing your hard earned funds.

Where you are deficient in skill and knowledge to carryout such exercise, follow the steps below;

1. Is the stock trending or consolidating?
2. What is causing the stock to behave or move in such manner?
3. Look for news catalysts; launching of new products, FDA approval, strategic alliances (GSAT and Qualcomm) etc
4. Find out the nature and performance of the company's product?
5. Is it a single or multiple product company?
6. Does the product give the company competitive edge over its competitors?
7. Is the company growing demand for its product or shrinking.
8. Is there any government policy which may likely impact or boost revenue performance of the company
9. Is revenue growing or declining? If declining, ask why?
10. Is operating income (profit before tax) growing at expected rate?
11. If the company is at development stage (most bio-tech companies fall under this category), what is their cash burn rate?
12. Check the liquidity condition. What is the size of cash at bank? Is receivable decreasing or increasing viz-a-viz short term payable. How is operating cashflow utilized.
13. Does the company have debt in their capital structure or solely equity financed? Note that too much debt exposes shareholders to huge financial risk?
14. Is the debt performing or not.
15. Look out for any going concern threat e.g hertz cab, AMC, etc
16. Insider trading
17. Resignation or employment of key management staff e.g. managing director, chief finance officer etc
18... Any other relevant information.

My one cent.

Coolcash1:
For good US stock picks; day trading or swing trading follow @meProf on twitter.

studentofTruth:


There's something I find difficult when trying to trade stocks using technical analysis: having to go through thousands of stock charts looking for the ones that have the pattern that qualifies as a trade setup.

Are there technical screeners that can do the job?

seyisanya:
The stock lost 27.59% in just one trading day! Never follow the hype, buy a fundamentally sound stock at a discount entry price and sleep well at night

I recently added $BABA, $TCEHY, $PDD and $JD to my portfolio at just a few cents above their 52-week low. Yes, they're Chinese stocks, and I'm aware of what I've gone into. I'm not even going to look at the price charts until 5 to 10 years from now!

lafuria1:
Stock buying
See, I'm tired!

Given what happened in March, my strategy to is to buy dip small small till it reverse itself, this is the reason I was spending 50 dollars for those wondering. I won't put 300 dollars at once and start bitting finger

Willie2015:


No investor is infallible..
Includin Cathie Wood ...and Warren Buffet...

Skymoore1004:
lol $100? Not gonna happen man

afroxyz:


I don't think its a good time. All those stocks are taking a trashing as inflation heats up.

Iyamilele:


Please is this a good time to buy TESLA?

Arizona042:
. Abeg those that trade crypto, how do you make cash widthrawals and deposits? I just discovered that I can no longer widthraw or make cash deposit in my Luno wallet due to the CBN directive.

highcurrent:
That guy that sold everything to invest in Doge, someone should please check on him.

Crypto requires the strong hearted.

posty56:
trove does but you need to have upto $25,000 before you can , i ask one of their staff.

emmanuelewumi:
What are the secrets behind the sustainability and growth of Okomu Oil.

That is one of the stocks that have grown wealth for investors in the last 20 years.

N10 million invested in 2000 is now worth N450 million in 2021

IyaTola:
A day trader may lose a month's profit in a week.

Only a very little percentage of crypto day traders are making it big.

emmanuelike:
Who has used questtrade here?

I'm currently looking for a platform where I can trade options. I sent them an email. They accept Nigerians. But they want me to pay 245 canadian dollar for ID attestation.

Has anyone done this before?

webizone:
Guys, which stockbrokers allow me to trade on margin? Because I am tired of only 1% ~0.5% per day while I pay 1% commission.

Coolcash1:


Should FUGAZ, Dancement and MTN decide to delist, NSE will be carcass.

maishai:
Why should one invest in something other than banks on the nse

Anytime I look away from banks my heart bleeds.....

Without banks, investing in the nse is utter waste as the minimum to recoup ones investment is a minimum of 20 years