₦airaland Forum

veecovee:
Let not this type of reaction weigh you down CP.

Keep voicing the truth.

No one can ever pls man.

chai! pastor on CP side for the first time in the history of this thread

today must be good friday

close my oil Trade at 300pips each

shop close

stcool:
Although you did not list the stocks... I know its clearly Zenith & GTB and when price breaks lower in the year...I will make reference to it.

no problem bro. instead of stoning just try and let go when u miss one opportunity cos another one go come.

i know u to be good trader long time ago when u trade forex, i use to follow u on your blog site. dont know what makes u become a stoner mkt eenh

anyway let me go close my oil trade at other thread make i carry my kaya close shop for the weekend.

hard work pay

stcool:
Stayed long on NSE not to be carried away by fallacy!

The once that hail you can help you push it...while we wait for them to crawl back into hiding when price reverses.

Anyways we saw N16 we shall still see N15 and below...hope you will defend it with TA.

Lol dont worry about that.

i have even post something related morning and i ask u to quote it when time come cos of u dont i will quote myself when time come

see the post below
vv
v

currentprice:
let me say this and u can quote for reference....

this mkt may fall later as pple yet to enter mkt praying for but some stock very likely will not fall reach their low prices we saw last two week before real BULL hit mkt. 3 days bonaza is finish

so act fast if you can at good price now

stcool:
Once you buy a stock you start disturbing the thread with graphs and constant update.

Don't confuse newbies to jump in , you have bought at at your presumed low price.

Allow us to rest! Same way your forced Caverton on them. What is the price today?

your stone small na. @ what price did i identified caventon on dis thread? @ less than 1.20 so how much is caverton today even with bears over the period caverton still selling above N2 today. i can tell u the stock fairprice still double the cp

for my recent buy u mention, i have been shouting for a while about 3 days bonaza before enter mkt. as bonaza sighted i posted on this thread day one of bonaza even advice ppe to buy zenith that day saying they cant see better price than the 16plus trading on that day.

bro be humble and learn to add more TA to ur strategy to avoid those mistake of buying WAPCO at 40 plus when fairprice pointed below 20

Zenith enter the cloud with good Pinbar... let wait and see how it end the Month

to some ppl zenith will start falling after the mark down of interim dividend. okay o

zenith seen at 18.50

ETI seen @ 7.50

etc

let me say this and u can quote for reference....

this mkt may fall later as pple yet to enter mkt praying for but some stock very likely will not fall reach their low prices we saw last two week before real BULL hit mkt. 3 days bonaza is finish

so act fast if you can at good price now

chloride6:
You are chasing the market..

You need to read about Nick Lesson..

When you hit better volatilty you will see this thing is really bad.

bro trust me, thatz not what i do. i just feel like reading more of what redsox11 post about trade averaging.

i copy the post from forexfactory

6 more trading days to end August. index may close green with Pinbar

cc oracle
cc Agba

currentprice:
sold oil with 100pips SL.
keeping eyes on today's high to jump out in case price move against me
this is 50/50 bull/bear chance. just want to go for SELL could jump out as soon as possible gain or loss
Fingers crossed

currentprice:
trade close with 60pips loss

currentprice:
back again to SELL oil with eyeing on the cycle high to close trade if price goes opposite
oyel may likely rain soon

currentprice:
the high has been taken out. so no trade again
back to the sideline
patient is the key

oyel finally rain after 3rd attempt

the nucca think she can deceive her master. i show her i am not here to be decived

rebekah2011:
Slow and steady is the journey to paradise.

thatz the way to go after end of her 3 days bonaza

_{^{let me run faster from stone}}

Averaging down is a strategy that is used to lower the average entry price of a trade, so it become in average better price.

As a programer, after 3 yrs experience in automating trading and testing...
I have come into conclusion that,
averaging down is profitable strategy!
but, with the
following condistions:
1. set 1st trade with 20% of regular lot size, SL and TP levels.
2. if trade goes agains you, set 2nd trade with 30% of regular lot size, cause the stoploss is closer
3. if trade goes agains you, set 3rd trade with 50% of regular lot size, cause the stoploss is closer
4. Set Same SL/TP : all trades have same stoploss, take profit levels like 1st trade

you can use buy limit or sell limit after 1st trade.
Advantages compared to 3 trades * 33% of regular lot size in same price:
1. %DD is reduced.
2. total profit is bigger. (backtesting proof)
3. Average Pips per trade is bigger.

redsox11:
I'll start averaging in on GJ if price re-test today's high, around 130.69. SL 30pips.
I'll short it around there.

Trade averaging, say I'm prepare to risk 3%($100) on a trade, instead of entering one big lot size, I won't, I'll spread it out. That's the basic idea.

You can act on it by using attacking sequence or recovery. Entering more trades when price is going in your favor (attack sequence) or against you.

BUT FIRST, know what you're prepare to risk before averaging.


LOL

Thank bro

below is from other forum on averaging. dont know if it work just check what u mean after reading your post

vvv
vv
v

ekuu zenith bank at 18 today o

redsox11:
I'll show live example of using trade averaging.

You can use it however you like , but i like to use it
when i see a 150-200 pips strong move on GJ, GU and GA

So if you see 150-200pips move on any of those pairs, let me know
I'll run a live xamples how to get some pips outta the move.

Stress free.

bro is it when the 150 - 200 pips in positive or negative

Mpeace:
So you think this forum has the ability to "drag down" a stock. OK oh. Ayam learning everyday.

i day surprise to read such from someone like chibuk o

RealityShot:
Please what is the fair price for FBNH and FLMILLS
Thank you

stock are below their fairprice as pple said already. i know u are just looking for the one selling with best discount

anyway from my bedsheet FBNH fairprice is N9 , FLOURMIL is N10 base on Q2 and Q1 respectively

mind u things may change for the best or worse from d remain quarterly report of the year.

i notice flourmil cash is improving.... it a plus and if they can maintain or add more positive effort to this Q1 report thru out d year then we are looking at N40 fairprice by next year F/S

for FBNH though they have same PE with zenith but the ROE and solvency ratio too low compare with zenith but if everything comes out well without much impairment report at year end we are looking at N18 fairprice

na my own opinion price may not even near those prices,, Mkt opinion differ.

EKUU MKT O

Ooba:
Please can someone explain


What the hello is this.

They cant even play with this GY.

Lol... na so the GJ use to be bro. but dont worry it will FALL but set ur target sha

currentprice:
back again to SELL oil with eyeing on the cycle high to close trade if price goes opposite

oyel may likely rain soon

the high has been taken out. so no trade again

back to the sideline

patient is the key

back again to SELL oil with eyeing on the cycle high to close trade if price goes opposite

oyel may likely rain soon

obumnaeke:
That's how the script always goes,

sorry bro.

na so bro. better to closed as quick as possible the trade one is not comfortable with before the loss go large. atleast u can always come back

Then u will use it to make this in the present of Trump na

veecovee:
Abeg wet in u fit say about jaiz?

Witches go fit explain it better to u. CP no nothing about jazz

RabbiDoracle:
Try read what Marc Faber said about EMs.

Na so dem go advertise after dem don buy finish so that their other Foreign brothers go come join.

By then we go dey house dey watch them for TV.

me and my household don day watch tv laugh already the movie go get part 2 , 3

very soon i go buy BELL and popcorn come mkt

OBAGADAFFI:
They bottom-out

some still over valued o but they may fake rising follow other stock sha

veecovee:
... sold a shop those days for stocks and today another man is collecting rent of my shop. ... still regrating.

this pastor self

Ooba:
Lion heart

Lol.. the Sell came massively after i close my trade

veecovee:
How many houses don burn for ur village since them born u?

Lol...

what is the price of NESTLE during that your mention crash year and what is the price today

dont forget to add dividend till date join

veecovee:
I understand you though, but don't compare landed properties with stock.

Many sold their houses for stocks those days before the last market crash.

And meanwhile, they are still seeing their house stand and making money slow steady for another man,
while they are now HYPERTENSION patience.

who tell u say house no day catch fire