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Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 2:01pm On Jul 12, 2017
fxuser:
Ucap
- long term trend slopes not aggressive like last year
- i get d buy and hold till dividend . . . umm


My view:
- Neutral
- lack explosive tendency, weekly RSI breaking down lower




Wicked people will drag this one below N2.80 in due course... grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 2:13pm On Jul 12, 2017
DeRuggedProf:


Wicked people will drag this one below N2.80 in due course... grin grin grin

lollz
d wicked plenty
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 2:15pm On Jul 12, 2017
Pennybank Race Update
Fidelity leading
Diamond chasing
Fcmb pushed to back


Dis:
we have since ported , we follow leaders wtout argument
loll
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 2:24pm On Jul 12, 2017
fxuser:
Ucap
- long term trend slopes not aggressive like last year
- i get d buy and hold till dividend . . . umm


My view:
- Neutral
- lack explosive tendency, weekly RSI breaking down lower


You are master of your emotion.
I envy you sir!
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 2:28pm On Jul 12, 2017
It is only towards to close of the day that you can truly decipher the depth of wickedness of Market Makers...

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 2:28pm On Jul 12, 2017
[quote author=pluto09 post=58383464][/quote]

still a full learner sir ! and still learning from you all !
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 2:29pm On Jul 12, 2017
stock with new 52 week lows

UPL #2.92k

stocks with new 52 week highs

cutix #2.25k

seplat #470.00k
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 2:31pm On Jul 12, 2017
DeRuggedProf:
It is only towards to close of the day that you can truly decipher the depth of wickedness of Market Makers...

they turn up at 2.20 to 2.30
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 2:32pm On Jul 12, 2017
BullBearMkt:
Patience is very boring, but rewarding
grin grin grin grin grin

Most times what we are actually buying and selling is patience, disguised as stocks... grin

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 2:32pm On Jul 12, 2017
DeRuggedProf:
It is only towards to close of the day that you can truly decipher the depth of wickedness of Market Makers...
them don tidy u? shocked
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:34pm On Jul 12, 2017
Intendy:
stock with new 52 week lows

UPL #2.92k

stocks with new 52 week highs

cutix #2.25k

seplat #4.70k
grin

Oga Intendy
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 2:39pm On Jul 12, 2017
Unintendic typo

grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 2:44pm On Jul 12, 2017
stokfrick:

them don tidy u? shocked

They used to.... grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 2:46pm On Jul 12, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 2:55pm On Jul 12, 2017
fxuser:


they turn up at 2.20 to 2.30


Yeah, they are the real undertakers.
Re: Nigerian Stock Exchange Market Pick Alerts by vivie01(f): 3:01pm On Jul 12, 2017
DeRuggedProf:
https://trwstockbrokers.files./2017/07/nse-price-list-for-july-12-2017.pdf

Thanks so much for this link. NSE site is just falling hand since morning.
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 4:46pm On Jul 12, 2017
OBAGADAFFI:
grin
Oga Intendy
Lol.I'm sorry sir
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 4:47pm On Jul 12, 2017
zendi:
Unintendic typo
grin grin
Very Unintendic sir
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 5:24pm On Jul 12, 2017
Intendy:


Lol.I'm sorry sir

I know it's typo.

But i wish that price is real.....
grin
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 5:51pm On Jul 12, 2017
OBAGADAFFI:


I know it's typo.

But i wish that price is real.....
grin

Fear no go let you touch am.
You go think say seplat don catch HIV. grin
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 7:10pm On Jul 12, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 7:33pm On Jul 12, 2017
The 14 Emotional Dangers For Traders:
Anger- Leads to revenge trading and trying to get even after a losing trade.

Fear- The inability to take an entry or hold a winner in a trend due to the fear of a loss after entry or a winning trade giving back profits.

Disgust- Can lead to loss of a traders confidence after disgust with your own lack of discipline or the market price action.

Happiness- Surprisingly happiness can lead to trading too big and taking on too many positions. This usually occurs after a big winning trade or a winning streak when euphoria starts interfering with a trading plan or trading system.

Sadness- Can lead to having difficulty taking the next trade entry or cutting a loss. This usually happens after a big loss, a string of losses, or a big drawdown in trading capital.

Surprise- Many times a surprise can lead to making decisions based on emotions and abandoning a trading plan when the unexpected happens.

Neutrality- Trading is a lot of work and only passion and energy can move you toward doing the required homework that leads to eventual success. You need the energy of passion to keep your focus and do the work, apathy is not going to cut in with trading.

Anxiety- Can lead to exhaustion due to excessive stress. Confidence in yourself and your system will help overcome internal anxiety.

Love- If you truly love trading the markets then only time separates you from success. If you love trading for the wrong reasons it can be destructive. Like trying to get rich quick.

Depression- Leads to abandoning your trading. You can come back from a financial loss but you can’t come back from emotional ruin.

Contempt- Having contempt for the markets or other traders will result in bias and bad decision making.

Pride- Leads to trading too big, not cutting losses fast enough, and wanting to be right and prove something more than being a rational trader with a plan.

Shame- Makes it difficult to talk to others about your trading and look at your account capital due to your bad decisions.

Envy- Envy leads to external focus instead of the internal focus needed to trade successfully.


Link:
http://www.newtraderu.com/2017/04/11/dangers-emotional-trading/

#KeepCalm

6 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 7:45pm On Jul 12, 2017
zendi:


Fear no go let you touch am.
You go think say seplat don catch HIV. grin

grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by flexshop(m): 7:59pm On Jul 12, 2017
I dey wait ucap

This people wey dey correct am to load plenty, I never know where dem go drop am reach. I don free funds they wait till the price bottom wey go satisfy them reach, I go jump in

I no get strength fight the ogas at the top
grin grin grin grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ekele99(m): 8:02pm On Jul 12, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 8:44pm On Jul 12, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 8:59pm On Jul 12, 2017
Intendy:
http://www.prudential.co.uk/news/news-releases/2017/12-07-2017a

Great news for Zenith Life.

Is Zenith Life a subsidiary of Zenith bank .
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:48pm On Jul 12, 2017
TA
- a Macd cross over above d zero line is much stronger than a crossover below d zero line (see banks charts)
- a +ve / -ve div on d weekly may take longer than u expect to materialise.
- a +ve / -ve div on d daily esp at extremes shud not be ignored
- hammer / inverted hammer on d weekly chart is much stronger than d daily
- a gap up in price on d weekly is a strong bullish indicator and vice versa
- wen d macd line are hugging each other, means low volatility , watch for breakouts or breakdown
- a weekly RSI break above oversold region is explosive, stocks tend to break prev highs when in this region (hold tightly)
- prices tend to behave differently when above long term moving avg than wen below (don't treat d same way)
- and be be lo


Note:
TA cant predict prices ohh . they only try to paint <PAST> prices & volume relationships in different** ways to reflect the mass psychology of market participants #imo

Dis:
i remain a full learner oh.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:49pm On Jul 12, 2017
OBAGADAFFI:


Great news for Zenith Life.

Is Zenith Life a subsidiary of Zenith bank .

umm
nice
Re: Nigerian Stock Exchange Market Pick Alerts by Infinitisi(m): 10:57pm On Jul 12, 2017
fxuser:
TA
- a Macd cross over above d zero line is much stronger than a crossover below d zero line (see banks charts)
- a +ve / -ve div on d weekly may take longer than u expect to materialise.
- a +ve / -ve div on d daily esp at extremes shud not be ignored
- hammer / inverted hammer on d weekly chart is much stronger than d daily
- a gap up in price on d weekly is a strong bullish indicator and vice versa
- wen d macd line are hugging each other, means low volatility , watch for breakouts or breakdown
- a weekly RSI break above oversold region is explosive, stocks tend to break prev highs when in this region (hold tightly)
- prices tend to behave differently when above long term moving avg than wen below (don't treat d same way)
- and be be lo


Note:
TA cant predict prices ohh . they only try to paint <PAST> prices & volume relationships in different** ways to reflect the mass psychology of market participants #imo

Dis:
i remain a full learner oh.

Hi fxuser what period moving average do you use for your weekly charts?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:06pm On Jul 12, 2017
Infinitisi:


Hi fxuser what period moving average do you use for your weekly charts?

Same with the daily
- 50 , 20 , 10
(- but i chk to see where d 200 is on d daily )

2 Likes 2 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 11:41pm On Jul 12, 2017

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