₦airaland Forum

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

RabbiDoracle:
Game don come, you come begin dey set trap.

People didn't buy Zenith at 16, but are rushing to buy it at 17.55

currentprice:
checking my bedsheet, those who are waiting to buy zenith, now is the time.

[b]
^{_{we might not see it better than this 16.90}}

Cc aremso & co

patience is the watch word true true for NSE but over patient some times can make someone miss juicy price

since we cant determine button price of any stock but there are some stock junction one can not be patient further after considering so many factors.

apart from what i notice to be juice price fundamentally to buy. i posted what i read on other forum about dividend just to open some pple eyes " for you to receive ALERT of N500k y/y u only need to invest less than N3" om Zenith. . how much do u think is needed to build house that will give u 500k rent pa

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

Trade close with 60pips loss

currentprice:
i want to SELL oyel any moment from now with SL at today's high. any opinion or who with me on this

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

i want to SELL oyel any moment from now with SL at today's high. any opinion or who with me on this

Infinitisi:
Zenith Oil Exploration Company seriously digging for oil.

currentprice:
the 3 days bonanza trigger on d stock today. fear no more the end is here.

always good to target 2nd day of bonanza but those who loaded today cos of 2morrow fear will smile soon

let me run away faster for stones

hmmm can we say Zenith has bottom out.@ d 16 plus? anyway Mr time will tell

let me run go and SELL my oil jeje at d other side before stones rain

This Bears eeenh

Agbalowomeri:
Yariya still dey peep

yeriya ke. na 333 decided to follow yariya way o

333 is nobody above