₦airaland Forum

Toluway:
Non of my bids was successful today because I put price limit. Must I always buy at open market price? Please House, enlighten me.

Methinks that fixing price limits for brokers is only useful for jijoing.
Why fix price limits when you were desperate to buy? It is like trying to bargain transport fare with drivers on a day passengers are very plenty and vehicles are extremely scarce. You'll sleep at the bus top.

These 3 have been running at the same pace for the past 6 months.

It's audited financial statement that will separate this their harmony.

Fbnh, Fcmb and Diamond.

Deadlytruth:
Methinks that fixing price limits for brokers is only useful for jijoing.
Why fix price limits when you were desperate to buy? It is like trying to bargain transport fare with drivers on a day passengers are very plenty and vehicles are extremely scarce. You'll sleep at the bus top.

Lol.. that's one way to look at it.

But the way bids and offers disappear in this our market, you have to be careful not to go and carry last.

Parisfran:
These 3 have been running at the same pace for the past 6 months.

It's audited financial statement that will separate this their harmony.

Fbnh, Fcmb and Diamond.

FCMB is being managed for purposes of badly needed equity capital. The problem here is they have picked on Diamond Bank as their support price; I. E. Our price must be higher than Diamond bank no matter what.

A lot of money is being pumped to get the stock to at least N5 and hold. FCMB will be among the last banks to release 2017 result while it perfects its share price spike . Enough said.

It was as if I was the one causing all these bear market since last week, because, the moment I sold off my my potfolio, all the stocks skyrocketed. I'm having a problem buying them back right now. Please house, pray for me.

Toluway:
It was as if I was the one causing all these bear market since last week, because, the moment I sold off my my potfolio, all the stocks skyrocketed. I'm having a problem buying them back right now. Please house, pray for me.

Are you related to any Peter?

Toluway:
It was as if I was the one causing all these bear market since last week, because, the moment I sold off my my potfolio, all the stocks skyrocketed. I'm having a problem buying them back right now. Please house, pray for me.

My brv i beg no kill me with laugh..Don't worry u'll be good ..Just watch out for undervalue stocks and buy in bits

Next week is another week , u can quietly pray for a mini -pull back ..U not the only one ,there are some folks out there as well

Don't feel bad

tiar:
FCMB is being managed for purposes of badly needed equity capital. The problem here is they have picked on Diamond Bank as their support price; I. E. Our price must be higher than Diamond bank no matter what.

A lot of money is being pumped to get the stock to at least N5 and hold. FCMB will be among the last banks to release 2017 result while it perfects its share price spike . Enough said.

It and FBNH are usually late because of holding company structure. But if you say it's for manipulation sake, I can't also argue.

Toluway:
It was as if I was the one causing all these bear market since last week, because, the moment I sold off my my potfolio, all the stocks skyrocketed. I'm having a problem buying them back right now. Please house, pray for me.

pray what?use ur head carry am.

Parisfran:
Lol.. that's one way to look at it.

But the way bids and offers disappear in the our market, you have to be careful not to go and carry last.

The experts of JIJO are at work....they read human psychology expertly. I think they opened the window today for some to escape but many refused. I may be wrong though....let's enjoy the weekend and look forward to Monday with belief that however it goes.....LIFE CONTINUES.

Stay safe

Toluway:
Non of my bids was successful today because I put price limit. Must I always buy at open market price? Please House, enlighten me.

I think its a case of knowing exactly when and how to use price limit.
Before using a limit price to key in ur trade, its very important u understand the trend, previous supply/demand dynamics, and the said select stock current opening price. ...this way, u would know what range of price to put ur fixed limit on, based on a 5-10% discount. (...going by the present NSE rule, different categories of coys can gain/lose btw a 5-10% trading band at different volume blocks in a given market day).
...I think the problem is with the fact that u probably entered ur limit entry price based on the choice stock previous closing price instead of their opening prices for the day.
To illustrate, Dangote Sugar closed at N22.01 yesterday but opened at N23.11 today.
...and so if u compute ur limit entry over yesterdays price, then ur buy mandate would simply amount to futility. (...unless of course in rare cases of cross deals).
This was simply why u could not buy DS at N20 (as u had initially told us here) even when the said stock was on full offer for the most part of today's market.
...because even a 10% discount from DS opening price of N23.11 would still be above ur limit price of N20.
This may also be why u could'nt buy ur other coys too. ...who knows.

Hope this helps u in ur limit entries going forward.

My 2 cents.

please is anyone here trading with binary options..
my 500k just got blocked

I laugh at myself. I'm still learning to use Morgan itrade platform. I mistakenly filled wapic at the 0.61 limit. Before I knew it the order was filled. I need to learn how to trade stocks succesfully online. Where do I start from please. It's just a tasere amount I'm using for now. @onegentleguy,currentprice,fxser......et al. Help o

Toluway:
It was as if I was the one causing all these bear market since last week, because, the moment I sold off my my potfolio, all the stocks skyrocketed. I'm having a problem buying them back right now. Please house, pray for me.

You be Jonah? Pray for you to buy them back so that the bears will resurface? You go park well first.

Was expecting Access bank report card today.

chunkuli:
uhmn...all Thomas weak

When drowning...you are go down and the waves throw you up.

Monday is 29th of January.

We shall remember this day.

ukay2:
Which broker you de use?

Meritrader.
I think it was because of the buy limit.

samzepaparazi:
The market crashers in transcorp didnt come out today.
Im highly confident of the bull next week as they allowed the price to breathe today.

See the volumes in the banks (diamond and Fcmb).

This na strong sales. Big money sales.

We shall see those swimming unclad

Deadlytruth:
Methinks that fixing price limits for brokers is only useful for jijoing.
Why fix price limits when you were desperate to buy? It is like trying to bargain transport fare with drivers on a day passengers are very plenty and vehicles are extremely scarce. You'll sleep at the bus top.

The deadly truth

Ogesab:
I laugh at myself. I'm still learning to use Morgan itrade platform. I mistakenly filled wapic at the 0.61 limit. Before I knew it the order was filled. I need to learn how to trade stocks succesfully online. Where do I start from please. It's just a tasere amount I'm using for now. @onegentleguy,currentprice,fxser......et al. Help o

I think there's a YouTube tutorial video on Morgan. ...someone did post it here in the past.
Just help urself my dear. ...Google is ur friend.
Just Google Morgancapital Nigeria i-trade platform or usage. ...then go to videos. ...that's if it does'nt bring it up at 1st search. ...but I believe it should.

Goodluck to u my dear !!

locodemy:
pray what?use ur head carry am.

Hard Boss

Parisfran:
These 3 have been running at the same pace for the past 6 months.

It's audited financial statement that will separate this their harmony.

Fbnh, Fcmb and Diamond.

No legend...soo which is which

tiar:
FCMB is being managed for purposes of badly needed equity capital. The problem here is they have picked on Diamond Bank as their support price; I. E. Our price must be higher than Diamond bank no matter what.

A lot of money is being pumped to get the stock to at least N5 and hold. FCMB will be among the last banks to release 2017 result while it perfects its share price spike . Enough said.

And after perfecting it and it finally releases the results...what happens

A vulture and its patience.

onegentleguy:
I think its a case of knowing exactly when and how to use price limit.
Before using a limit price to key in ur trade, its very important u understand the trend, previous supply/demand dynamics, and the said select stock current opening price. ...this way, u would know what range of price to put ur fixed limit on, based on a 5-10% discount. (...going by the present NSE rule, different categories of coys can gain/lose btw a 5-10% trading band at different volume blocks).
...I think the problem is with the fact that u probably entered ur limit entry prices based on ur choice stock previous closing price instead of their opening prices for the day.
To illustrate, Dangote Sugar closed at N22.01 yesterday but opened at N23.11 today.
...and so if u compute ur limit entry over yesterday price, then ur buy/sale order mandate would simply amount to futility. (...unless of course in rare cases of cross deals).
This was simply why u could not buy DF at N20 (as u had initially told us here) even when the said stock was on full offer for the most part of today's market.
...because even a 10% discount from DFs opening price of N23.11 would still be above ur limit price of N20.
This may also be why u could'nt buy ur other coys too. ...who knows.

Hope this helps u in ur limit entries going forward.

My 2 cents.

Yap. You're good

Good day house.
Please I need help to a few questions.
I do more of TBills, and about to divest to Stocks and MMF.
My risk appetite is a bit low since this fund is a family money which I had ran for 3years at minimum of 12% per annum.
Could holding good stocks for a few months give a 20% profit?
My target is keeping it at 20% per annum.
Is stocks the best for me, or MMFs?

RabbiDoracle:
See the volumes in the banks (diamond and Fcmb).

This na strong sales. Big money sales.

We shall see those swimming unclad

Bros check your candle

good day house.I am new on this platform.I would really love to invest, but I don't know what to invest in right now.Can anyone please give me useful insight on this?Be it shares ,tbills , mutual funds etc.I would really appreciate your contribution.I hear people are making profit in cryptocurrencies,how true is this?

Please Sir. Stick to what you have been good at. Stock market is volatile. Your motive is also suspect. You are looking for quick returns. Although it may come in quick succession but are you prepared if you lose your capital.

Dreamflyin:
Good day house.
Please I need help to a few questions.
I do more of TBills, and about to divest to Stocks and MMF.
My risk appetite is a bit low since this fund is a family money which I had ran for 3years at minimum of 12% per annum.
Could holding good stocks for a few months give a 20% profit?
My target is keeping it at 20% per annum.
Is stocks the best for me, or MMFs?

Toluway:
It was as if I was the one causing all these bear market since last week, because, the moment I sold off my my potfolio, all the stocks skyrocketed. I'm having a problem buying them back right now. Please house, pray for me.

I don't know if you are a beginner. Regardless you are learning valuable lessons that will be VERY HELPFUL to you in the years ahead. Take time to note what is happening to you and the emotions that drive your buy/sell actions.