₦airaland Forum

chimex38:
He trades daily.
E.g 5m @3%= 150000
another 4m @ 5%=12000
Another 1m @ 9%= 90,000.
If you keep at this daily, you may also encounter losses or traps in some stocks on the index.
But net gain by month-end should far exceed the losses and brokerage fees if you are quite good at it like he does.

you could also leave your losses(traps) as paper loss until it breaks even or bull surfaces.(essentially making 100% gains).


Liquidity and right stocks picks is the issue in a bear market, but if you keep your quantities low and have knowledge of the stocks in question, you can reduce the rate you get trapped.(skill involved).

In a bull market as we have currently, liquidity isn't much an issue. One could even trade 10million luckily @8-10%=800k- 1million
(bullish and very liquid stocks).

wx9Z:
I built NGX Pulse - free real-time stock terminal for Nigerian investors.

✅ Live prices for 150+ NGX stocks
✅ Real-time ASI tracking
✅ Sector performance
✅ FX rates

No signup required. 100% free.

Try it: http://ngxpulse.ng

Would love your feedback! 🇳🇬

awesomeJ:
My highest single day NGX earnings so far:

- N2.66m
- comes to about $2000 for 5 hours of work
-comes to around $1m annualized pre tax earnings.
- over 3 years of minimum wage in a single day
- gotten with a portfolio below N50m
- about 56% are already realized

- more than my monthly earnings in October and November last year when market was slow

- more than my earnings for the whole of Q1 2025

God is awesome 😎

essentialone:
Here are the Total Shareholders Equity of the 20 Insurance stocks ahead of their recapitalisation deadline:

1. Lasaco - 21 Billion Naira
2. MBenefit - 69 Billion Naira
3. Regalins - 15 Billion Naira
4. Royalex - 7 Billion Naira
5. Veritas Kapital - 22 Billion Naira
6. Aiico Insurance - 95 Billion Naira
7. Conhallplc - 42 Billion Naira
8. Cornerstone - 47 Billion Naira
9. Custodian - 221 Billion Naira
10. Fortis - 10 Billion Naira
11. Guinea Insurance - 6 Billion Naira
12. IEI - 9 Billion Naira
13. LinkAssure - 47 Billion Naira
14. Mansard - 61 Billion Naira
15. NEM - 85 Billion Naira
16. Prestige - 20 Billion Naira
17. Sovereign Trust - 16 Billion Naira
18. Sunu - 15 Billion Naira
19. Universal Insurance - 19 Billion Naira
20. Wapic Coronation - 48 Billion Naira

The recapitalisation deadline is July 2026, and some insurers are already taking steps to meet the new minimum capital requirements.

How correct?

wx9Z:
I built NGX Pulse - free real-time stock terminal for Nigerian investors.

✅ Live prices for 150+ NGX stocks
✅ Real-time ASI tracking
✅ Sector performance
✅ FX rates

No signup required. 100% free.

Try it: http://ngxpulse.ng

Would love your feedback! 🇳🇬

chimex38:
He trades daily.
E.g 5m @3%= 150000
another 4m @ 5%=12000
Another 1m @ 9%= 90,000.
If you keep at this daily, you may also encounter losses or traps in some stocks on the index.
But net gain by month-end should far exceed the losses and brokerage fees if you are quite good at it like he does.

you could also leave your losses(traps) as paper loss until it breaks even or bull surfaces.(essentially making 100% gains).


Liquidity and right stocks picks is the issue in a bear market, but if you keep your quantities low and have knowledge of the stocks in question, you can reduce the rate you get trapped.(skill involved).

In a bull market as we have currently, liquidity isn't much an issue. One could even trade 10million luckily @8-10%=800k- 1million
(bullish and very liquid stocks).

aj8:
Sounds like…..


“Goes fishing Monday to Friday. Like 10 lines all in the stream. Whatever tugs at the line he hauls in. Pulls in all the lines at the close of the day and goes home to prepare for the next day”


The lines could be e.g 10 million, 1 million, 100,000, or anything. Requires a lot of discipline to pull all the lines in at the end of the day. Not a strategy for just anyone. Luckily on NGX no loss ( line) can exceed 10%. Maybe awesomeJ would throw more light on his strategy. Main issue...how to pick the daily winners.

aj8:
Sounds like…..


“Goes fishing Monday to Friday. Like 10 lines all in the stream. Whatever tugs at the line he hauls in. Pulls in all the lines at the close of the day and goes home to prepare for the next day”


The lines could be e.g 10 million, 1 million, 100,000, or anything. Requires a lot of discipline to pull all the lines in at the end of the day. Not a strategy for just anyone. Luckily on NGX no loss ( line) can exceed 10%. Maybe awesomeJ would throw more light on his strategy. Main issue...how to pick the daily winners.

HesInMe:
The ideal customer for a stockbroker. And for us NGXGROUP shareholders. Trading fees raining like water.

Zeewirld:
Some of these insurance companies can conveniently buy over some of our Commercial banks

Audacius:
Apparently still under construction. Well done. We need the Nigerian version of the Bloomberg, MSN Money sites. Kudos to NSEMPA, Stockbubbles, NGXForum. This NGX sky is big enough for you all to fly. I personally need a replacement for Yochaa's watchlist feature which does not go beyond 26 stocks.

Don't paywall it yet o.

ProphetUtuocha:
Forget all the noise
And, never forget that which was revealed:
Access
Uba
Oando
Those who aligned will rejoice in due season

wx9Z:
I built NGX Pulse - free real-time stock terminal for Nigerian investors.

✅ Live prices for 150+ NGX stocks
✅ Real-time ASI tracking
✅ Sector performance
✅ FX rates

No signup required. 100% free.

Try it: http://ngxpulse.ng

Would love your feedback! 🇳🇬

Zeewirld:
Some of these insurance companies can conveniently buy over some of our Commercial banks

Agbalowomeri:
I see Oando @20

Any takers?

ppogba:
For more jokes text ZEEWIRLD to 419 using any network provider.

chimex38:
He trades daily.
E.g 5m @3%= 150000
another 4m @ 5%=12000
Another 1m @ 9%= 90,000.
If you keep at this daily, you may also encounter losses or traps in some stocks on the index.
But net gain by month-end should far exceed the losses and brokerage fees if you are quite good at it like he does.

you could also leave your losses(traps) as paper loss until it breaks even or bull surfaces.(essentially making 100% gains).


Liquidity and right stocks picks is the issue in a bear market, but if you keep your quantities low and have knowledge of the stocks in question, you can reduce the rate you get trapped.(skill involved).

In a bull market as we have currently, liquidity isn't much an issue. One could even trade 10million luckily @8-10%=800k- 1million
(bullish and very liquid stocks).

Coolcash1:
RT Briscoe it’s being a sweet ride.

Coolcash1:
RT Briscoe it’s being a sweet ride.

mikeapollo:
Patience and long term focus is very key in this stocks market game.
I bought some 3million units of that RT Briscoe at about 0.60k and sold off around 0.80k. Now it is almost N15! Unbelievable!

Kaczynski:
Nigerians and free things

pluto09:
If you believe someone could be doing what you highlighted above on the NSE and would be making the kind of money he claimed to be making then I have a monkey to sell to you.

pluto09:
If you believe someone could be doing what you highlighted above on the NSE and would be making the kind of money he claimed to be making then I have a monkey to sell to you.

Kaczynski:
Nigerians and free things

chimex38:
There could be more to it.
Might not be as literal as I know and presented it.


Hedge funds that bulls even during bear in-well established markets already exists.

What I am skeptical is long-term sustainability not possibility.


I am sure if you also lived in early 20th century and being sold the "monkey idea" of the possibility of a flying object(Airplane ✈), even when gliding objects far superior to kites already exists.
You would probably be among those who would still call it outrightly a "Monkey" project without consideration.

jckgroup1:
Regalins is out too