₦airaland Forum

wiconse:
because d trades he took were profitable that is why you are sounding like a novice.
if reverse was the case, what are you going to say?

I returned over 1,200% on an account last year. It was a very tiny account (just $500).

There is a time to trade "beastly" and there also is a time to trade like a perfect gentleman trader.

When he gets into the Prop trading circle, he will become gentlemanly.

This is the time to break free of the shackles limiting him and keeping him trading such small sized accounts. I can tell you with all confidence, NOR BE CLEAR EYES DEM TAKE DEY BREAK FREE!!!

walexy100:
Within 24 hours, triple actually.

Good job bro! Remove your initial deposit from what you have made then begin to play with the "Broker's money"

Do not give much attention to those saying that you are gambling.

There is a time for every trader to BUILD his capital base. Once this is achieved, you can then pay Proprietary trading firms and get a decent sized account (from about $25,000). With these firms, the risk management is a bit stricter (not more than 5% draw down intra - day).

Keep building your capital base. When you get the equivalent of N50,000 (fifty thousand Naira), send me a message and I will direct you to a Prop firm that will give you $25,000.

You will get 50% of whatever net profit you make trading with this firm.

All the best!

Stay focused!!!

saxy4c:
He obviously hasn't been dealt an equal amount of what he gives and this definitely has to end now. If @Optimisticgondy is serious to repatriate his funds. My offer is still on the table. Let me follow this up and you'd be coming back here in just a few short weeks to be at the top of this. Don't fall for any further shifts typical of dirty con men. If that money isn't in your hands by February 28th then I'm just as equally nefarious.

You make empty boasts boy!

I really wish the guy would give you the opportunity.

Donvic4u:
Pls privately discuss it with him and tel us the conclusion...

He brought the matter here. Don't you think we should also resolve it in the same place?

It is just an offer. He might reject it.

Optimisticgondy:
and any day, any time, you will ever remain a greedy fraudster and trickster in my book. I have never in my life burnt an account within 2 days. You called yourself a professional trader, only for you to burn a #200k account within 2 days cos of your greed. I asked you not to risk above 5% on a trade, and you breached the agreement. I can still sue your ass any day, any time. Our chats and record of our phone conversations are still on my phone

Let me make you a deal . . .

You will get N50,000 (fifty thousand Naira) in the first week of April and another fifty thousand in the first week of May.

This makes a total of N100,000 and covers half of the amount lost under my management. You will bear the remaining part of the loss.

Deal?

Optimisticgondy:
Stop quoting me, guy. And stop giving flimsy excuse that you would not pay me cos I called you out. How many have you paid from those you crashed their accounts before mine? Just say you have no money to pay. You usually visit ecurrencies exchange thread and when have you seen anyone refused to pay money owed cos he was called out? In fact, it even makes them to pay back as quick as possible to redeem their images.

Internet never forgets...it might not be today, ok?

I am sorry if it hurts you but I have dropped all considerations of paying you back.

saxy4c:
Trade up 43 pips so far 1.2R

Kindly tell us about your USDJPY sell trade

@saxy4c,

how is the fisherman project going?

I hope they are making all the 3R, 6R, 20R that you've been posting here?

saxy4c:
1454A13JAN20: You responded to my entry with your trade running at 109.84 saying it was the right time to enter.VAP said so.

1649A14JAN20: 26Hrs after that, you quote my post again after posting my sell at 110, telling me I should buy till 110.15 to 110.40 [i.e risking almost 200pips from the next support for just 15 to 40pips abi?]VAP said so.
1707A14JAN20: Just within an hour of that post, you invalidate your supposedly buy advice and now tell me to sell right where I started my position all along.VAP said so again.

My brother rid your mind of crap. Na so English hard reach?

The buy recommendation until 110.15 - 110.4X region still stands.

When I wrote "any sell from this (110.11) level or slightly higher should be just fine" it was in reference to the 110.11 level which VAP already pointed out as resistance for January 14, 2020.

Rid your mind of all the nonesense you have stored up therein. Me nor get any wahala with you.

beejaay:
That's a strong descending flag with a strong pressure towards the bottom on the hourly tf and 4hr tf is exhausted... If am to trade, it will be sell towards 200ema first to see price reaction...

Just an observation not a trade call

200 period moving average often times will show the fair price. The only challenge will now be on which time frame should one look to see the most appropriate level?

Yesterday, USDJPY already showed us VAP resistance around 110.11 handle.

Price WILL ALWAYS come back to "walk in the tracks" created by VAP (or vice - versa).

Any sell from this level or slightly higher should do just fine.

USDJPY

Clues . . .

saxy4c:
USDJPY is giving another sell opportunity at 110 SL 110.40
TP 5R

Buy until 110.15 - 110.4X region before attempting a sell

VAP is over extended to the down side.

infofirst:
Most of us are not trading any way, we are gambling. We are gambler in fx uniform or Armed robber in fx uniform. Majority of those that failed in fx end up in sport betting, their supposed destination industry. And until we learn and adjust.
We all wanted to turn $100 to $10,000 in one year. That is only possible in casino or gambling.

Impossible is nothing!!!

Maybe I should take up the challenge just for the fun of it.

infofirst:
@donvic4u and the boss mi I was referring to is not same as @optimisticgondy. It's another one.
Its @ejosh4 I usually mistaken for @optimisticgondy.
Sorry abt that wrong mention @ejosh4.
So @meshpips you still remember your Maga handle sef. No mind my comedy o.
Hope your money mgt is much better now. Wish you the best.

Optimisticgondy and I used to be friends, he choose to handle the matter the way he did.

He is not a "maga" and we could have worked out a repayment if only he allowed things go in that direction.

I guess he felt that an attempt to malign my persona is far better than getting his money back.

He already stated clearly that he has chosen to count it as HIS own loss.

Things like these do happen and could have been resolved if only he steered it in that direction.

But I can't blame him for his choices.

It is all far behind me now.

I truly really would have considered paying him back in FULL but what repair can he do to the maligned persona?

So, it is no longer a consideration in my books.

The case is in the past!

infofirst:
@donvic4u.
I am sorry for your account that was recklessly wiped out the other time by my boss mi. Hope you are stronger and better trading on your own now.
@ejosh4, this one go vex my boss now o. Hope you have overcome the[b] VAP experience[/b] too. Be strong boss mi.

Is he the same person as @optimisticgondy?

Seems y'all are hooked on this VAP thingy. Dare to be different - CREATE!!!

Donvic4u:


Biko how will we d newbies learn without charts..

Who be newbie? A whole DON like you?

This guy is a Don, him nor be newbie o!

This man can trade your recommendation and make more profit than you using your own recommendation.

I hail you sir!

saxy4c:
Gold CAN NOT be going up and USDJPY taking same direction. My inexperience says so. Hold your USDJPY sells and let the market respect structure. I don talk am.

There is a TIME to enter!!!

GBPUSD

Expecting a pull back to the VAP.

leo1234:
When will GTB get to 19 naira?

If you live long enough, you will see it happen in your own time.

I laugh at the ignorance on display here by many investors. Una never know wetin e mean for the swing low of any financial instrument to be taken out.

You guys are in for a rude shock! Many of y'all still come taunting me, asking when GTBank will hit 19.

Pretty soon we all will be alright.

My advice: be smart! Every other stock I picked worked out well right? So in all seriousness you think GTBank's recommendation will fail?

Sincerely, y'all don't know who you are up against!

Cadillac15:
Sorry to quote you sir. But i just wanted you to know I dont read your posts.
Once i see your name, i scroll very fast to the next person.
Have a blessed day ahead.

When I see my fans, I can recognize 'em a thousand miles away.

I love you!

emmanuelewumi:
Unfortunately we don't trade currencies and commodities. We have threads for commodity and currency (forex ) traders

If you don't trade stocks, you have no business advising people on this forum.

Same attitude that made many miss out on the many recommendations I gave last year.

History certainly does repeat itself.

Happy Sunday everyone!

emmanuelewumi:
Anybody who does not have a stock broking account have no business advising anyone here, we should preach what we practice.

Talking about practising what we preach sir,
I have NEVER had a role as an Engineer aince I graduated. I traded currencies full time for over eleven years.

How about that for some dose of conviction?

emmanuelewumi:
Anybody who does not have a stock broking account have no business advising anyone here, we should preach what we practice.

I trade CURRENCIES and COMMODITIES.

I have stated time and again that I do not trade stocks because the NSE is unleveraged and for now, I do not have an account large enough to earn me decent profit.

Again I ask the simple question, when I put theOHLC price plus volume on an excel sheet and run my analysis, will my result not be accurate because I do not trade stocks?

Some arguments na wah sha. Me don know tey tey say @NorthEastern dey mentally challenged but for others, please do not shock me abeg una hear?

All the recommendations I gave last year worked very well yet I don't trade stocks. Isn't @meshpips such an awesome stunning wonder?

Northeastern:
Irrespective of what will happen, Dangcem below 200 is a good bargain. Unless you are looking for 200% like Agba. By the time Alhaji is through with his plans, the stock will lead in capital gains.

The great Achebe, “Eneke the bird says that since men have learned to shoot without missing, he has learned to fly without perching.” The forbes billionaires have devised permanent means of boosting their wealth without worrying about what retail and foreign holders will do.

Rabiu has led the way, Alhaji is following him.

And @NorthEastern makes a lame attempt towards giving a trade recommendation.

This is sure gonna be a good year.

Northeastern:
You are being selective, what about FO and GTB? Why did you not call CCNN that has returned over 100%.

Just another word of promise, GTBank will certainly hit 19 NGN

With all certainty I say this.

As for FO, I gave necessary preconditions to those that I had on the whatsApp Group I created.

The condition was breached and I asked them to exist the position.

emmanuelewumi:
Nobody stops you from sharing your knowledge, we are here to cross fertilise ideas and learn from each other, but I am sure nobody on this platform will pay you a Kobo to learn any trade secrets from you.

Share your knowledge and give reasons behind your stock picks.

Have a blessed 2020

Sir, even those that contacted me privately can bear witness that everything I shared with them was completely free of charge.

I have also tried to share the reason behind my stock picks but it seems too modern for mentally challenged people of whom NorthEastern is chief.

I am yet to see him make an accurate trade call here.

Northeastern:
Scammer in chief!

You only came here to project your pecuniary interest and we gave you an uppercut. You are not missed in any way as there are veterans here to share insights. You are being selective, what about FO and GTB? Why did you not call CCNN that has returned over 100%.

One thing is sure, you will not get a dime from anyone here. The forex that you have been trading for over a decade, your only trophy is blowing 200k in one breadth and returning 5k to the owner.

NorthEastern! NorthEastern!! NorthEastern!!! How many times I call you?

Those posts were recalled to show that I actually came on here to offer value to everyone.

I always say that time tells the whole story.

A great many things we all could have done together.

Well, the past year is gone and a new one has come.

Let's be a bit more accommodating to new people on this thread.

Happy Sunday everyone!

meshpips:
WAPCO

volume done so far this year is the highest seen since year 2008

We have so far seen two months close bullish (June and July)

meaning price closed HIGHER than it opened for these months

The HIGH for year 2019 has been breached to the UPSIDE

This therefore is positive proof that we are about starting a new impulsive wave (movement) to the upside

Last two weeks closed with a bearish body, somewhat marking the end of this prime bullish segment

Outlook:

I expect a retrace to at least 12.30 or slightly lower
current price is 14.00
[b]
Recommendation: [/b]BUY between 12.30 -10.70 region and hold until 54.95

Trade recommendation for WAPCO

meshpips:
. . .

There is a stock that has done 2 consecutive bullish months and has exceeded its volume high for the past ten years. This same stock has taken out the previous 2019 high. Isn't that information people could make a lot of money from?

Instead una carry dey tell me say I nor sabi.

Anyways, I'm not the way many of you see me.

At this point, I noticed WAPCO. The words in bold are in reference to WAPCO.

People here were still too busy with name calling.

meshpips:
Bottom Fishing For Stocks Using Simple Maths - The Importance of A Datum (Reference Point)

In my last post, I explained how we can compute the 52-week average price using the closing price and an excel sheet. It is important to state that there are many other methods of obtaining an average price over the same 52-week period some of which are:

1. The typical price = (High + Low + Close)/3

2. The weighted close price = (High + Low+ Close + Close)/4

3. The Median price = (High + Low)/2 etc

All the above mentioned methods are ways of obtaining a measure of central tendency (remember mean, median, mode form elementary mathematics?). Now from this central value acting as a datum (reference point), we can now begin to say how CHEAP or EXPENSIVE a stock is. Remember, it is all done with reference to a datum.

A "tall" man in China just might not appear to be so tall if he stands amidst a team of professional basketball players in America. So the question then arises: "how tall is tall?" Is there a minimum requisite height to be attained before one can be called "tall"? If a 5 feet 4 inch 'tall' man stands next to a 4 feet 3 inch tall midget, the 5 feet 4 inched person is undeniably "taller" than the midget or would we have put it in a more appropriate context by saying the midget is "shorter" than the man. Because in my honest opinion, 5 feet 4 inches doesn't qualify to be referred to as "tall".

Same way, in the markets, the terms "overbought" or "oversold" can only be used with reference to a particular look-back period. For instance, I can say that stock XYZ is underpriced for the next 14 weeks . Yet this same stock might be over-priced for the current day.

I'm trying to make us see the importance of a datum or reference point when doing our math-work for a stock.

I will pause at this point and wait for feedback. I need to be sure that a few on this thread are finding the information useful and would love me to continue. I don't want to get myself into a monologue that is in actual fact irritating to members of the thread. So I will guage the "acceptance" of what I am sharing by the feedback (quality and quantity) I get before knowing whether to continue or just keep quiet.

The ball is in your court now!

Here I tried sharing a bit of useful education which would be beneficial to investors that want to pick from the bottom.