₦airaland Forum

KarlTom:
This your post reminds me of the fellow that likes to "jump out of the plane" ...

C'est moi!

I jumped out of Oando plane ooo. See im life now.


Let it drop below 7.07 before I go buy am again. If not, safe flight ooo

essentialone:
C'est moi!

I jumped out of Oando plane ooo. See im life now.


Let it drop below 7.07 before I go buy am again. If not, safe flight ooo

SonofElElyonRet:
I still dey learn work from you o. Other stocks have done me well... thank God... I didn't lose selling transcorp at N1 but imagine still holding 2.5m units now.... anyway other opportunities will come

If you are still lamenting sale of 2.5m units of transcorp at N1, what should loco that sold 10m units at N1 do? You win some and you lose some.

Godisfaithful:
Someone that failed in stock market wouldn’t be controlling 3 businesses and partnering others as well.


I don’t know how my opinion make you bitter? Anyway, I will be here to remind you that $1 is on his way to N3,000. The difference is you don’t know what I know. Peace

It's well

Godisfaithful:
Someone that failed in stock market wouldn’t be controlling 3 businesses and partnering others as well.


I don’t know how my opinion make you bitter? Anyway, I will be here to remind you that $1 is on his way to N3,000. The difference is you don’t know what I know. Peace

The joke is on u.Nobi only three business na I million. Remind us you moniker before for this market that starts with M..And how you failed. The same way you will fail in the dollar speculation and change moniker for bet naija

SonofElElyonRet:
I still dey learn work from you o. Other stocks have done me well... thank God... I didn't lose selling transcorp at N1 but imagine still holding 2.5m units now.... anyway other opportunities will come

Chai. You would hve been counting like 35million from 2.5mil naira. Stock markets are like that. You gain some...

Streetinvestor2:
The joke is on u.Nobi only three business na I million. Remind us you moniker before for this market that starts with M..And how you failed. The same way you will fail in the dollar speculation and change moniker for bet naija

Alright sir if that will make you happy…

Boshins:
Pls guys...I want to move my accts from my broking house to another...pls which do you recommend and the process....thanks in advance...

It depends on your reason for wanting to leave the present... Try MERITRADE...

Someone here will attend to you when he sees this message

Mpeace:
Chai. You would hve been counting like 35million from 2.5mil naira. Stock markets are like that. You gain some...

We move

Godisfaithful:
What about those doing it and buying what you bought in stock market sir?

Quite a number of us are doing that

No matter how cheap the house or apartment, never live too close to a petrol pipeline. It is a bomb waiting to explode. Relate it to your stocks portfolio.

Streetinvestor2:
The joke is on u.Nobi only three business na I million. Remind us you moniker before for this market that starts with M..And how you failed. The same way you will fail in the dollar speculation and change moniker for bet naija

Your stone dey hit person for forehead.
Haba

megawealth01:
It depends on your reason for wanting to leave the present... Try MERITRADE...

Someone here will attend to you when he sees this message

ok thank you

Godisfaithful:
Someone that failed in stock market wouldn’t be controlling 3 businesses and partnering others as well.


I don’t know how my opinion make you bitter? Anyway, I will be here to remind you that[b] $1 is on his way to N3,000[/b]. The difference is you don’t know what I know. Peace

This $ thing and high interest rate is raising some bears in the market. I pray for a speedy resolution to the current challenges of insecurity Nigeria is facing. That this N3,000 will not happen this decade if it will ever happen. I pray the N3,000 is averted by the Grace of God. The dislocation will be too much.

Boshins:
Pls guys...I want to move my accts from my broking house to another...pls which do you recommend and the process....thanks in advance...

Go and try Morgan Capital Securities Limited
Seems people have been complaining about Meritrade here.
Send me PM so I can give you someone's number who is knowledgeable in that area and can assist you.
You go treat am well after everything is sorted ooo, no be only thank you he go chop.

essentialone:
No matter how cheap the house or apartment, never live too close to a petrol pipeline. It is a bomb waiting to explode. Relate it to your stocks portfolio.

Seems you have left OANDO?

BabsO2:
This $ thing and high interest rate is raising some bears in the market. I pray for a speedy resolution to the current challenges of insecurity Nigeria is facing. That this N3,000 will not happen this decade if it will ever happen. I pray the N3,000 is averted by the Grace of God. This dislocation will be too much.

N3,000 will come and nothing will happen. The same way we cross $1/N1,500+…Nigerians have a way of moving on and adjusting to poverty and bad economic policies…

We can’t pray our way out of this mess. The reality is not matching. Do you know how many companies are about to leave Nigeria presently? Anyway make I keep quiet. When the news hit, you will remember…As Nigerians do say, it is well!!!

*edited*

yMcy56:
*edited*

We read it already

Boshins:
Pls guys...I want to move my accts from my broking house to another...pls which do you recommend and the process....thanks in advance...

Meritrade still the best i can recommend for now,
visit meritrade.com

megawealth01:
Seems you have left OANDO?

Mega lefting

Nairalander640:
Meritrade still the best i can recommend for now,
visit meritrade.com

Hmmm

Quick question guys, who sets the prices in the online platforms, sometimes it can be frustrating when you want to set a limit order at a certain price and you get the message "price is out of range". Is there a time when the prices are opened up and set daily, what determines the tradeable range? Sometimes, i feel that there's a racket in the process......

Acceptable Price range is +10%/-10% of daily opening price.

In this case, its 0.73 to 0.89...

PuristForest:
Quick question guys, who sets the prices in the online platforms, sometimes it can be frustrating when you want to set a limit order at a certain price and you get the message "price is out of range". Is there a time when the prices are opened up and set daily, what determines the tradeable range? Sometimes, i feel that there's a racket in the process......

PuristForest:
Quick question guys, who sets the prices in the online platforms, sometimes it can be frustrating when you want to set a limit order at a certain price and you get the message "price is out of range". Is there a time when the prices are opened up and set daily, what determines the tradeable range? Sometimes, i feel that there's a racket in the process......

I think normally it is supposed to be +/-10% of opening price

yMcy56:
Go and try Morgan Capital Securities Limited
Seems people have been complaining about Meritrade here.
Send me PM so I can give you someone's number who is knowledgeable in that area and can assist you.
You go treat am well after everything is sorted ooo, no be only thank you he go chop.

Meritrade is very okay, they can be a bit slow with responding to email communication but they do.
Regarding the interfaces, both platforms have their strengths and weaknesses, the new Meritrade interface is very simple to use and more userfriendly for the most part, beginners will find this quite intuitive to get around. MorganCapital is more robust but less user friendly, you have to dig in and read the help material to find things as you go along, however, it has more advanced features including the ability to see live trades and a robust reporting functionality which enables you to see the summarized market data and all your portfolio and financials... for me thats what sets it apart from meritrade. Finally, Morgancapital is abit effective with email coms, they try to get back to you within a few hours. If i were to choose one, i 'd actually go meritrade!
Update 9-13-24: Further update to this , i personnaly prefer Meritrade to MorganCapital, one thing that i find very useful in MEritrade which i have not been able to adequately replicate in MC is to set a limit trade for days ahead, i find it more efficient in Meritrade than in MC. I can set a trade and leave it for 7 days for instance...this is very good because it enables you to hunt for the best price once you have done your analysis. What i mean is that if you do your analysis and you have a limit price, you can set it up in MT for 7 days...whenever i do this in MC, i find that it does not allow it overnight.

KarlTom:
Acceptable Price range is +10%/-10% of daily opening price.

In this case, its 0.73 to 0.89...

Thanks! Okay, so the price range is firm for the day and does not change until the next day when the range is determined again by the same calucation. Essentially, what's the reason, is it to prevent price movements above 10% on the daily?

Exactly!

PuristForest:
Thanks! Okay, so the price range is firm for the day and does not change until the next day when the range is determined again by the same calucation. Essentially, what's the reason, is it to prevent price movements above 10% on the daily?

Maybe no one has notice Meyer trying to do 100% from #3+ it was last week.

The bull will still circulate to all sectors just as it's quietly doing at the paint company now.

The brewery stocks are seriously battered.
I am much bullish on the brewery sector.

Waiting for accumulations and breakout at due time

Godisfaithful:
N3,000 will come and nothing will happen. The same way we cross $1/N1,500+…Nigerians have a way of moving on and adjusting to poverty and bad economic policies…

We can’t pray our way out of this mess. The reality is not matching. Do you know how many companies are about to leave Nigeria presently? Anyway make I keep quiet. When the news hit, you will remember…As Nigerians do say, it is well!!!

Why stop at 3,000? When the currency reaches 3,000 to the dollar, what then - won't it just continue to 5,000, and after that, 10,000?

Buying dollars is just a temporary solution that will hasten the day of reckoning.

What happens when you can't leave your home because the streets have turned into gang-controlled zones where your dollars provide no safety?

Kidnappings are already on the rise; soon nobody will be safe unless they can pay for escorts.

Purchasing foreign currency offers fleeting respite but does not address the root causes of economic instability. Without meaningful reforms, the crisis will only worsen no matter how many dollars one accumulates. The focus must shift to long-term solutions before lawlessness and violence become insurmountable.

essentialone:
Mega lefting

Well

OANDO is a heavy risky gamble... Sha don't sell off... Keep small just for record purposes

lasisi:
If you are still lamenting sale of 2.5m units of transcorp at N1, what should loco that sold 10m units at N1 do? You win some and you lose some.

That one gidi gan o