₦airaland Forum

Nigerians are more concerned about removing useless tinibu asorock.. incompetent tinibu

tinibu is terrible

Seems like Zedcrest n paramount have same stocks they trade in.. buh they won't just say it.

Una wan vote for ds incompetent fomer minister of power n darkness wey dey always use powerbank.. Brace up for d worst just like his useless tinubu master

Iamblessed8888:
+0.05 gain on paramount.

Too much red such that any Gains looking strange now.😂😂😂😂😂

O.05 gain is it for eba.. well.. it's well

U escaped d glorious hellhole.. congrats

I knew tinibu was useless buh never expected this level of incompetence,, nonchalant, ignorant n useless stance.. wat a waste of a ruler

Nigerians see ur cursed rulers,

Beeron:
After the emotional investors are done selling and after the early investors are done taking profit then a new rally will begin. The only problem is, no one can predict the actual date.


Edited to add:

If you really don't want to stay on the sideline, you should pick stocks that don't move ASI, that way you can still make money trading regardless of ASI bearish regime.

Dat actual date should be close oo. Or is it wen wen portfolio is redder than red ahhhh

Beeron:
Good morning everyone.

Here is an update regarding your investment in Equity mutual funds.

Some of you might have been experiencing red days lately — the reason is simple, people are now taking profit en mass, So ASI has reached it's peak for now.


Two things might likely happen starting next week:

1 — Green arrow, means a long consolidation starting next week, basically, it means some days your will see profit and some days loss but not huge profit and the loss days will always cancel profits until ASI finds new support and begin a new rally.


2 — Red arrow, means ASI will just suddenly dip, meaning more red days due to institutional money leaving the market. When that happens, other retail investors will also be trimming their profit making ASI go further down until it finds a new support and begins a new rally.


So now what do you do and why am I writing this?

CSblackpink usually talk about top up during red days, Wise idea— but you have to be strategic about doing it, I see people doing it before now, I knew it was too early to do it, but It's not a bad thing, this is why I didn't say anything about it. Sometimes when you top up too early, that money too will also dip, so you will have to continue to buy the dip as it further dips. Not every one can always afford that.


Now what I recommend is simple — Now that it's profit taking season, Also take your profit and move it to mutual fund investment. After ASI has found support to begin a new rally, then you can withdraw your money from mutual fund and buy the new dip. I will also let you all know then when it's safe to buy but it's usually difficult to know when there is long consolidation going on.

But then again, for investors that can afford to keep buying the dip, please continue, because that's another smart strategy because eventually you will regain your losses when ASI begins a new rally.

In summary, this is time for profit taking, take profit, hold It and buy more units after profit taking season is over.

I am in a rush typing this because I need to go for my early morning jug now, when I come back I will answer any question if you have any.

Boss wen does.the market rally back

D dip season is here already here.. zedcrest n paramount wetin dey happen..

Beeron:
lol, don't get scared. That's why it's called investment. Every loss is a paper loss until you withdraw your money to physical cash.

ASI ran up too high and too fast, so it only trying to correct itself before things gets back to normal.

The market operate in a zig zag pattern and that's how money is made.

I understand. Buh nobody likes losses.. I'm an aggressive short term investor.

Beeron:
it hasn't even started sef.

So na to withdraw or hold.. cos I can't keep watchin my portfolio reduce..
Zedcrest n paramount n Cs beware.

Beeron:
In my opinion about TA and FA debate. TA wins 70% of the time?

Why?

The simple truth is regardless of how solid the FA is, right; the market is still a bubble at the end of the day, even the economy is a bubble in itself, the struggle of not making that bubble burst is why government issues Tbill, Bond and OMO and buy them back. Now the day government fails to pay back or buy back, the bubble will burst, MMF will fail, bond will fail, Tbills will fail, omo will fail. Economy collapse.

Same with trading stocks using FA — again — No matter how solid FA is, the players in the market will ensure a bubble build because if a bubble don't build no one will take profit and no one will buy the stock in the first place. That's why TA comes in.

Now with TA, I can calmly sit in front of my computer and see the irrational buyers, the rational buyer, the noise and the quietness in the market as well as the opportunity and when to enter and leave, even if I don't know what the company is manufacturing, the fact that I can tell the best time to buy thier stock, make money and dump it is such a powerful flex because, in the long run, you will beat the market, compound your money faster and avoid crash in the event that that bad news hit the company and everyone are dumping their stock.

TA wins any day but it's hard to master TA however, FA is out there in the open for easy accessibility but TA takes time and experience to learn and master. But once you have good grasp of it, even in your 70s and 80s, you will still be trading stocks and continue to beat the market, no retirement.

Is d dip still dipping pls..

CSblackpink:
How are you, bro? How is your trading going? I don comot Naija equity and am now fully into foreign stocks.

Weldone sirr.. hw profitable is itt over there

auschris:
Appears worse than March

I buy dip n it's still dipping.. it's very deep oo

Omo yakubu no let person say much much oo. Its been downhill returns

Wikes fall is near..

Chucks13:
So Obj, Gej and Buhari should not develop DNA investigation when they are in power but only Tinubu should do it ba?

Ur useless mind hv been enslaved by ethnic n religious sentiments.. I can't help u.

Crossblueart:
Zedcrest+114%
Cardinal Stone +61.15%

Wen yakubu hit ur potforlio fess everywhere go blurrr

Dramadiddy:
114%+

Hmmm.. he should understand d ytd figures oo.

Fingerprints, saliva, hairs, etc n many DNA materials that can be used to trace d killers buh we in nigeria,, a backward nation ruled by incompetent braindead old grand fathers like tinibu refusing to develop..

We mk billions buh tinibu borrows more trillions in loans.. useless ruler. Prepare ur handover notes

Lai mohamd told us that they hv defeated bhts since.. useless pple

Dramadiddy:
I think it is yakubu month o, we will use dividends to cushion the effects sha

Any dividends on equity??

Iamblessed8888:
😂😂😂 we will see green today dont worry

Hopefully.. Yakubu ahbeggg

Bushrat pls

Zedcrest, Paramount, Cardinalstone n others,, we need gains this week oo
Don't play with our hard-earned money pls

All terrorists are Muslims

Must u eat meat.. una neva see anything.. tinibu is a useless failure

Dey should cum n stay in borno gwoza or marte axis.. dem tink say na playy

Useless oldman. Corrupt n worst ruler in Africa n nigeria. We detest u so much oldman

Special adviser on homeland for war exactly..
Solve a problem n Create other problems