₦airaland Forum

Agbalowomeri:
Chai I don't even know how to spell nsacon

lollxxx

Yayira:
FBNH is one stock to stay clear from. The stock is full of Al Pasinos, acting Scarface, scaring the sh*t out of me. Can’t wait to get out of this highly sentimental stock.
Imagine doing abracadabra with 307 million units offer!

lolll ..

#KeepCalm

fxuser:
FBN
- one 307 million offer sitting at 12.40
lollz .. MMM about to pick that up

its showing on investment one but not on morgan . .
umm .. na wa

mendes911:
You need to discount MMM activities. Same MMM played a role in GTB and Zenith.

FBN
- one 307 million offer sitting at 12.40
lollz .. MMM about to pick that up

Wapco
- support is intact
- building up . . nicely

#JustObserving

Willie2015:
Sold my holdings at N26 today with reasonable margin

cool
double digit growth y/y on all lines . Long term holders like dis type of hold

mendes911:
FX,

Correct me if am wrong. Anyone that sells today will not qualify for the dividend, right? Close of register is 9-15th abi?

yes sir !

Japaul
- fresh gap up ...
- its not everyday u see this , #chai

mendes911:
This one will do full offer today. Guys are not willing to go for the dividend.

UCap

- price marked down for dividend
- divided newbie buyers beware

FlourMill
- once u break ur 52 week high , possibilities open up

FBN
- strong finish yesterday , closing on full bid
- shud break back above N12 early

FBNH

- shaking off the sellers

mendes911:
FXUser,

Please, what sayest thy chart on Zenith?

- very weak short tern posture (same wt UBA , Access , GTB )
- RSi making lower highs on short term time frame (hrly , daily and even weekly)
- N32 resistance remains intact gidigba
(- for those who like breakout... a close above N32 on d weekly is consideration time , else just watch d drama )
- over 6bln traded in d last 5 days and its even struggling to hold N30 #yimu
- prev daily low this yr was 28.50 , closing low was 29.20 (shud find good support here)
- too much drama in range bound / support entry trades mkt

Kemi22:
What is going on with Unilever

doing what others hv done before

big banks
- weak short term posture

Ucap

- closure : 9 - 15 March

#reminder

currentprice:
me self don't understand if na nse OR LSE
Lol unic @ 140% movement

very wide day range
day low 0.18
day high 0.47
total trade value under N3m

the market below 50 kobo is a welcomed development
its d retail day traders dream world

'' When you cling to a certain trade outcome, as though everything depended on it, you are setting yourself up for misery. ''

- @yvanbyeajee


#NoteToSelf

Jejebaba:
Guys, information reaching me has it that, CBN is really grilling banks to take more provisioning for loans in their account. Results might be rejected and my prayer is that, any results rejected should not leak to the masses before resubmitted else yawa go gas oo on such banking stocks. As it is now, i have started reducing my exposure to banking stocks drastically.

more volatility

fxuser:
Earnings season shud come and be going !
#HolidayMood

i think pre- earnings fuels more volatility , while volatility fuels more uncertainty . .

#EmbraceUncertainty

Fidelity
- still perambulating ard n3

Earnings season shud come and be going !


#HolidayMood

Reminders

1.Wealthy traders are patient with winning trades and are enormously impatient with losing trades
2.They realize that making money is more important that being right
3.They look at charts as a picture of where traders are lining up to buy or sell
4.Before they enter any trade they know exactly where they will exit for either a gain or a loss
5.They approach trade number 5 with the same mindset they did on the trade 4 previous losing trades
6.They use "naked" charts and focus on zones
7.They realized a long time ago that being uncomfortable trading is OK
8.The markets are their workplace. They are a participant, not an on-looker.
9.They stopped trying to pick tops and bottoms.
10.They stopped thinking about the market being "cheap" or "expensive"
11.They are willing to change sides if the market tells them to do so
12.They trade aggressively when trading well and modestly when they are not
13.They realize the market will be open again tomorrow
14.They never add to a losing trade... EVER
15.Cash is the goal, but never the measure of success
16.They read about mobs and riots
17.They provide liquidity to the markets while watching price and volume
18.They have a way to gauge fear, greed and speed of the markets: Tick charts 233, 612
19.They practice reading the right side of the chart, not the left
20.Every wealthy trader has an "edge" they can explain to their mothers
21.Their position size is calculated exactly on risk tollerance
22.Profit targets are based on average range or something objective
23.One or two trades a month make their month
24.Confident decision makers in the face of imconplete information
25.A losing trade does not mean they are a loser
26.They buy higher highs and sell lower lows
27.Their business isn't trading, it's finding the right trades
28.They write down or record every trade, price, thoughts, news, attitude
29.Their conviction on an active trade remains unless something major changes
30.A winning trade does not result in taking on extra risk the next trade
31.They trade the reaction, not the news

+++

Dis:
All work in progress for me

FO
- breaking down
- may soon test below N40

rationalmind:
Buyers who bought at that region trying to breakeven. I think this is the whole psychology behind support and resistance.

yes boss
- late comers are filled with pain and regret when mkt pulls back from their entry level oh
- they take it very personal ohhh and just want to get out at break even even if it takes forever lol
- one of the many things one has to unlearn

wanaj0:
Will start selling to rebalance my portfolio. It is now constituting almost 20% of my portfolio which is unacceptable.

too much money ! no crash am ohh
lollx

DangFlour
- also testing above 16.50 (been a while )
- more bids moving above N16 levels
- umm

DOLLARTEX:
the annoying thing is the speed with which fidelity was moving back up from 2.7.it got to 3 and started dancing again.

over 40m traded
its not easy to shake out all the buyers who bought the top

Krisuba:
Nothing is breaking out joor. All NSE products now are just crawling up and down.

without institutional buying power , na so e go be for a while !
Retail money cant move d whole mkt
patience

fxuser:
Flourmill
- getting ready to break out ! !
- umm

breaking 34
been long in d waiting for holders here !

Flourmill
- getting ready to break out ! !
- umm

2zona:
Busy with what abeg, mopping or dumping? Make i know what to do oo as i don jump in at 2.77 last week.

just hold and let d drama unfold