₦airaland Forum

I believe most people have been dumped on at some point in time, caution is the word but at the same time, there will always be that info that will lead to a stock bull, i'm sure those who bought at 40 + have made decent return, while we are busy hiding money under the pillow expecting the next season to cherry pick stocks, some people have sighted a potential and are already cashing out. Which ever way we learn from experience, you can never argue with a crowd movement.

mendes911:
Experience is the best teacher. Might be better for him to experience what it's like to get dumped on. That way he will learn going forward.

rebekah2011:
If they fail to put money down. Then I think heads should roll both in NSE and SEC.

Why will heads roll? Transaction declined ko ni?

When AD said he was interested in a cement company in SA, wetin happen? The stock powered up. And later he said he was no longer interested. Opari.

I feel you bros!!!

currentprice:
i will never advice you to buy what i can't buy. stay away in lost making japaul for now even if it move to N2 don't worry yourself. capital preservation is the key

when it is time to buy japual even at N5 i will buy... but not for me now

RabbiDoracle:
My Oga, let them announce first and let someone carry our Kaya for us.
Let putting down the money be another issue.
Na the announcement be the koko.

Loco cant see losses again in this market. Gain upon gain is my portion. How many times will I be deceived?

Dwizeone:
I believe most people have been dumped on at some point in time, caution is the word but at the same time, there will always be that info that will lead to a stock bull, i'm sure those who bought at 40 + have made decent return, while we are busy hiding money under the pillow expecting the next season to cherry pick stocks, some people have sighted a potential and are already cashing out. Which ever way we learn from experience, you can never argue with a crowd movement.

Strategies differ. Follow your strategy.

locodemy:
Loco cant see losses again in this market.
Gain upon gain is my portion.
How many times will I be deceived?

Your money will not disappear if it is left with the broker or your account.

Me, I get serious back ache and so I leave the door early before dem break my back for me.

I can't rush like the agile young men here.

onegentleguy:
Some word of advise;
...for if u are yet to board the CAVERTON AIRLINE, this is a unique opportunity for u to do so now !!
U can always thank me later.

However, due delligence is still advised.

Discl: I am on board the airline, but I also have a return ticket so as to behold the result.

#BELIEVE
#ANDKEEPBELIEVING

Currentprice.

fxuser:
Reminders

1.Wealthy traders are patient with winning trades and are enormously impatient with losing trades
2.They realize that making money is more important that being right
3.They look at charts as a picture of where traders are lining up to buy or sell
4.Before they enter any trade they know exactly where they will exit for either a gain or a loss
5.They approach trade number 5 with the same mindset they did on the trade 4 previous losing trades
6.They use "naked" charts and focus on zones
7.They realized a long time ago that being uncomfortable trading is OK
8.The markets are their workplace. They are a participant, not an on-looker.
9.They stopped trying to pick tops and bottoms.
10.They stopped thinking about the market being "cheap" or "expensive"
11.They are willing to change sides if the market tells them to do so
12.They trade aggressively when trading well and modestly when they are not
13.They realize the market will be open again tomorrow
14.They never add to a losing trade... EVER
15.Cash is the goal, but never the measure of success
16.They read about mobs and riots
17.They provide liquidity to the markets while watching price and volume
18.They have a way to gauge fear, greed and speed of the markets: Tick charts 233, 612
19.They practice reading the right side of the chart, not the left
20.Every wealthy trader has an "edge" they can explain to their mothers
21.Their position size is calculated exactly on risk tollerance
22.Profit targets are based on average range or something objective
23.One or two trades a month make their month
24.Confident decision makers in the face of imconplete information
25.A losing trade does not mean they are a loser
26.They buy higher highs and sell lower lows
27.Their business isn't trading, it's finding the right trades
28.They write down or record every trade, price, thoughts, news, attitude
29.Their conviction on an active trade remains unless something major changes
30.A winning trade does not result in taking on extra risk the next trade
31.They trade the reaction, not the news

+++

Dis:
All work in progress for me

This is superb my fxuser. ...I particularly like the No 2 remark.

...and If I were to add a Nos 32 remark, it would be;
They never forget to monitor closely the many investment moves of peterichy, so as to know when to sell or buy.

Wicked

onegentleguy:
This is superb my fxuser. ...I particularly like the No 2 remark.

...and If I were to add Nos 32 remark, it would be;
They never forget to monitor closely any stock that peterichy holds, so as to know when to buy or sell.

leo1234:
Currentprice.

last time I checked, it was @ N2.90. ...up by a little over 9% from yesterdays close of N2.67
...however, that was over an hour ago so I wouildn't know the current price right now.

onegentleguy:
last time I checked, it was @ N2.90. ...up by a little over 9% from yesterdays close of N2.67
...however, that was over an hour ago so I wouildn't know the current price right now.

I wanted to invest in that stock last month but Morgan gave me a warning about their listing when I clicked buy.

Earnings season shud come and be going !


#HolidayMood

Fidelity
- still perambulating ard n3

fxuser:
Earnings season shud come and be going !
#HolidayMood

i think pre- earnings fuels more volatility , while volatility fuels more uncertainty . .

#EmbraceUncertainty

Guys, information reaching me has it that, CBN is really grilling banks to take more provisioning for loans in their account. Results might be rejected and my prayer is that, any results rejected should not leak to the masses before resubmitted else yawa go gas oo on such banking stocks. As it is now, i have started reducing my exposure to banking stocks drastically.

rebekah2011:
If they fail to put money down. Then I think heads should roll both in NSE and SEC.

Why? MOU can break down!

RabbiDoracle:
My Oga, let them announce first and let someone carry our Kaya for us.

Let putting down the money be another issue.

Na the announcement be the koko.

Wicked somebody.You know the announcements by OandO including refinery?

Jejebaba:
Guys, information reaching me has it that, CBN is really grilling banks to take more provisioning for loans in their account. Results might be rejected and my prayer is that, any results rejected should not leak to the masses before resubmitted else yawa go gas oo on such banking stocks. As it is now, i have started reducing my exposure to banking stocks drastically.

more volatility

wanaj0:
Why? MOU can break down!

Also it's doubtful if there's anything NSE/SEC can do or investigate until some interested party reports an infringement or violation

I wonder how much the Elephant provisons go be. We have seen 119b, 226b, maybe this year will be 500b.

Jejebaba:
Guys, information reaching me has it that, CBN is really grilling banks to take more provisioning for loans in their account. Results might be rejected and my prayer is that, any results rejected should not leak to the masses before resubmitted else yawa go gas oo on such banking stocks. As it is now, i have started reducing my exposure to banking stocks drastically.

Jejebaba:
Guys, information reaching me has it that, CBN is really grilling banks to take more provisioning for loans in their account. Results might be rejected and my prayer is that, any results rejected should not leak to the masses before resubmitted else yawa go gas oo on such banking stocks. As it is now, i have started reducing my exposure to banking stocks drastically.

FBNH will go back to N3.50 then....

They say binding agreement. It must not break down ooooo

wanaj0:
Why? MOU can break down!

fxuser:
more volatility

More of a volcanic meltdown.....

So FLOURMILLS closed at N36 today.
...Thats a nearly N6 gain since the REVELATION for folks to immediately 'Flour their Mills and join the United Army of Complete Nollywood !!

There's surely more to come from MR TIME. ...for his idea is to carry us along until we get near the 49th avenue, then a break before heading swiftly to the 60th boulevard.
Yes there might be a few obstacles on the way (from the class of men with the itchy fingers to sell). ...but with the REVELATION, we shall continue to move forward !! ...for no one can 'fight with Mr TIME'

#BELIEVE
#ANDKEEPBELIVING

NOTE: DD still always advised pls.

Jejebaba:
Guys, information reaching me has it that, CBN is really grilling banks to take more provisioning for loans in their account. Results might be rejected and my prayer is that, any results rejected should not leak to the masses before resubmitted else yawa go gas oo on such banking stocks. As it is now, i have started reducing my exposure to banking stocks drastically.

Hmmm...we need to stop drinking "ngwo" because "nkwu" is coming.

RabbiDoracle:
Hmmm...we need to stop drinking "ngwo" because "nkwu" is coming.

...This really cracked me up !!
Boss u can not kill me in this forum.

RabbiDoracle:
Hmmm...we need to stop drinking "ngwo" because "nkwu" is coming.

He is an inside na. Give him his respect.

Jejebaba:
Guys, information reaching me has it that, CBN is really grilling banks to take more provisioning for loans in their account. Results might be rejected and my prayer is that, any results rejected should not leak to the masses before resubmitted else yawa go gas oo on such banking stocks. As it is now, i have started reducing my exposure to banking stocks drastically.

There is nothing new here. Some banks results were rejected last year for representation to the CBN.

pluto09:
There is nothing new here. Some banks results were rejected last year for representation to the CBN.

That's why I am surprised. It is standard practice. Insurance companies are WORSE!

Bianco1:
Also it's doubtful if there's anything NSE/SEC can do or investigate until some interested party reports an infringement or violation

Nothing anybody can do. There was an expression of interest and people are free to change their mind. I doubt Milost will bring that amount of money to Nigeria within such a short time frame. The valuation put on those companies make me even more suspicious.

pluto09:
There is nothing new here. Some banks results were rejected last year for representation to the CBN.

You are right boss. A friend in fidelity told me CBN asked his team to take 1B naira provision in the oil and gas accounts he was managing. Na this one make my liver cut ooo. The guy had to dispose most of his banking stocks to key into Tbills until clarity is seen.

NB: I am not asking anyone to sell or buy any banking stocks ooo, i just thought of sharing what i heard from him here.