Mcy56:

Wetin you see o. You come talk like say na dating thread we dey.

Na after trading activities...

It was a beautiful Friday night.

DOLLARTEX:
at 16 what was I doing self? https://www.zerohedge.com/news/2018-08-17/how-hell-did-teenager-hack-apples-secured-servers

If you grew up in the village, it is a different ball game entirely o unlike you lagosians.

swilo:
Na after trading activities... It was a beautiful Friday night.

Think say you dey refer to the 'f' monikers here as males na. You may be right, you may be wrong but since our motive here na to trade, even hermaphrodites or she-male self dey go market. Let's just catch the fun that comes with it. Lobatan.

swilo:


.

Oga MPeace, market for fall press you o.

E done fall press me already. I entered zenith and transcorp and came out with sharp hair cuts and serious carving.

swilo:




If you grew up in the village, it is a different ball game entirely o unlike you lagosians.

lol,things are fast changing o,village na city now ooo.

Mcy56:

Think say you dey refer to the 'f' monikers here as males na. You may be right, you may be wrong but since our motive here na to trade, even hermaphrodites or she-male self dey go market. Let's just catch the fun that comes with it. Lobatan.

You nor sound like male na

4601CE:
You nor sound like male na

Lol. Any which way my bros. No be gender I follow come here. Me just dey catch my fun ni jare.

Mcy56:

Lol. Any which way my bros. No be gender I follow come here. Me just dey catch my fun ni jare.

currentprice:
today na chart day.

mkt still very bearish, any little rally will be shorted by those looking to jaaa with little loss

...as I mentioned also in my post, the general trend is still bearish, but what I'm after is a "pullback" trades just as identified by CP. It is a short term trade, risky and basically not for everyone

BullBearMkt:

...as I mentioned also in my post, the general trend is still bearish, but what I'm after is a "pullback" trades just as identified by CP. It is a short term trade, risky and basically not for everyone

Back dey pain me. I no fit run

Agbalowomeri:
Back dey pain me. I no fit run

Its barely a month you travelled and those village girls don finish your back. This smells like "Benin" girls.

There are some grossly undervalued stocks always waiting for good buy.. be conscious of the market rhythms. Spot value, buy value.. take gains, cut loss..Simple..

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NSE Finally Delists Paints and Coatings Manufacturers Nigeria
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THE BUFFET ANALOGY... CULLED FROM CNBC

Warren Buffett says index funds make the best retirement sense 'practically all the time'
Trent Gillies | @trentCNBC
Published 9:01 AM ET Sun, 14 May 2017
CNBC.com
PLAY VIDEO
On the Money 1
If you're looking for a simple plan to build your retirement savings, one of the world's most successful stock market investors has some clear advice.

"Consistently buy an S&P 500 low-cost index fund," Warren Buffett told CNBC's On The Money in an interview recently. "I think it's the thing that makes the most sense practically all of the time."

And he suggests staying the course, despite market fluctuations. "Keep buying it through thick and thin, and especially through thin," the chairman and CEO of Berkshire Hathaway said with a laugh.

On Friday, stocks dipped on mixed economic data and poor results from major retailers. Buffett suggested investors should take gloomy news with a grain of salt, however.

"The temptation when you see bad headlines in newspapers is to say, well, maybe I should skip a year or something. Just keep buying," he said. "American business is going to do fine over time, so you know the investment universe is going to do very well."

As proof of the record of long term growth, the "Oracle of Omaha" remarked that the Dow Jones Industrial Average "went from 66 to 11,497 in one century," recalling the index's exact close at the end of 1999.

"And since that century has ended it's more or less doubled again," Buffett added. Last week, the Dow closed just shy of 21,000.

Don't be a stock picker
Warren Buffett
David A. Grogan | CNBC
Warren Buffett
The question remains, which shares should investors buy exactly? Buffett says an index fund is a way to avoid the risk of picking individual stocks.

"The trick is not to pick the right company, the trick is to essentially buy all the big companies through the S&P 500 and to do it consistently and to do it in a very, very low cost way," he added.

Buffett points to the fee savings built into low-cost index funds. The largest such S&P 500 fund, Vanguard's 500 Index Fund, boasts expense ratios of less than a percentage point.

"Costs really matter in investments," said Buffett, who in the past has taken aim at costly funds. "If returns are going to be seven or eight percent and you're paying one percent for fees that makes an enormous difference in how much money you're going to have in retirement."

He added that investors can keep more of their retirement savings by cutting investment costs, by reducing management fees or commissions charged by financial advisors.

"Just remember, the person you're talking to, your fees are their income," the billionaire said.

"And it leaves your pocket and goes to them and you'd better get something for it. And you really don't get it in investment management," he said. "The record shows that the unmanaged index fund is going to do quite well over time and active investment as a group can't beat it."

Most employer-run 401(k) retirement plans offer multiple mutual funds with different assets strategies, but Buffett warned against going with those options, saying "you'll do very well with an S&P index."

He added: "And don't let them talk to you about other index funds…and say you know, you have to have foreign or maybe you can pick a better industry. You'll almost always find it comes with bigger fees."

He conceded that luck can play a role. "Sure, some are going to have better than average just but the fact that if you flip a coin, some are going to call heads and some are going to call tails. And one or the other will be right at that time."

Still, the Oracle of Omaha warned that "you do not want to ever get the impression that you can pick stocks" and that "can enable you to have an edge. It just doesn't work that way."

jideflash:
There are some grossly undervalued stocks always waiting for good buy.. be conscious of the market rhythms. Spot value, buy value.. take gains, cut loss..Simple..

Bro, there are sometimes you'd think u have spotted value and when the price takes a plunge after you've bought, you go back to your analysis only to realise that what you saw was not value but an apparition... This is my present case with portfolio loss of 18% but pulling the plug is out of the question. The longer the market stays down, the more opportunity it gives me to reduce the loss by averaging down gradually. I only go for fundamentally sound stocks.

Happy Sunday folks,

For all the trades I used stop loss, I broke even or took 5% shaving.
For the trades I didn't use stop loss, I lost at least 20-28%.
For some trades, I carry the stock wherever I go so I can sell to any willing buyer along the street since people have refused to bid for the stocks on NSE.

#TIMETOHAVESENSE.

Godlylifeoneart:
THE BUFFET ANALOGY... CULLED FROM CNBC

Warren Buffett says index funds make the best retirement sense 'practically all the time'
Trent Gillies | @trentCNBC
Published 9:01 AM ET Sun, 14 May 2017
CNBC.com
PLAY VIDEO
On the Money 1
If you're looking for a simple plan to build your retirement savings, one of the world's most successful stock market investors has some clear advice.

"Consistently buy an S&P 500 low-cost index fund," Warren Buffett told CNBC's On The Money in an interview recently. "I think it's the thing that makes the most sense practically all of the time."

And he suggests staying the course, despite market fluctuations. "Keep buying it through thick and thin, and especially through thin," the chairman and CEO of Berkshire Hathaway said with a laugh.

On Friday, stocks dipped on mixed economic data and poor results from major retailers. Buffett suggested investors should take gloomy news with a grain of salt, however.

"The temptation when you see bad headlines in newspapers is to say, well, maybe I should skip a year or something. Just keep buying," he said. "American business is going to do fine over time, so you know the investment universe is going to do very well."

As proof of the record of long term growth, the "Oracle of Omaha" remarked that the Dow Jones Industrial Average "went from 66 to 11,497 in one century," recalling the index's exact close at the end of 1999.

"And since that century has ended it's more or less doubled again," Buffett added. Last week, the Dow closed just shy of 21,000.

Don't be a stock picker
Warren Buffett
David A. Grogan | CNBC
Warren Buffett
The question remains, which shares should investors buy exactly? Buffett says an index fund is a way to avoid the risk of picking individual stocks.

"The trick is not to pick the right company, the trick is to essentially buy all the big companies through the S&P 500 and to do it consistently and to do it in a very, very low cost way," he added.

Buffett points to the fee savings built into low-cost index funds. The largest such S&P 500 fund, Vanguard's 500 Index Fund, boasts expense ratios of less than a percentage point.

"Costs really matter in investments," said Buffett, who in the past has taken aim at costly funds. "If returns are going to be seven or eight percent and you're paying one percent for fees that makes an enormous difference in how much money you're going to have in retirement."

He added that investors can keep more of their retirement savings by cutting investment costs, by reducing management fees or commissions charged by financial advisors.

"Just remember, the person you're talking to, your fees are their income," the billionaire said.

"And it leaves your pocket and goes to them and you'd better get something for it. And you really don't get it in investment management," he said. "The record shows that the unmanaged index fund is going to do quite well over time and active investment as a group can't beat it."

Most employer-run 401(k) retirement plans offer multiple mutual funds with different assets strategies, but Buffett warned against going with those options, saying "you'll do very well with an S&P index."

He added: "And don't let them talk to you about other index funds…and say you know, you have to have foreign or maybe you can pick a better industry. You'll almost always find it comes with bigger fees."

He conceded that luck can play a role. "Sure, some are going to have better than average just but the fact that if you flip a coin, some are going to call heads and some are going to call tails. And one or the other will be right at that time."

Still, the Oracle of Omaha warned that "you do not want to ever get the impression that you can pick stocks" and that "can enable you to have an edge. It just doesn't work that way."

Not for the experienced players

swilo:
Happy Sunday folks, For all the trades I used stop loss, I broke even or took 5% shaving.
For the trades I didn't use stop loss, I lost at least 20-28%.
For some trades, I carry the stock wherever I go so I can sell to any willing buyer along the street since people have refused to bid for the stocks on NSE.

Happy Sunday people!

mendes911:
Its barely a month you travelled and those village girls don finish your back. This smells like "Benin" girls.

mendes911:


Agba, we have had enough charts (TA) today from you, BBM and CP. Kindly look at that your Jazz and tell us what you see.

Pluto will come later and make his own controbution based on FA.

I beg, let them continue with the TA, I am learning fast. lol

fxuser:


every now & then we get a big drawn down dat causes regret and humbles us back to keep been a student of d market. I know dis too well and i really mismanaged some trades and my execution was poor. The result for me was mental stress , poor sleep, moody and beating myself up mentally because i knew better but executed poorly

For me:
- d problem was , i broke all my rules and d trade size was big
- i refused to accept i was wrong , (wishful thinking is d chartist nightmare lol)
- secondly i realised i still had loss bias issues , d pain of 2m loss was greater than d joy** of a n10 mln win (as examples)
- the above is a very poor state of mind , im learning to detach emotions from wins or loss and just stick to rules and risk mgt
- mark douglas vids helped on our belief systems work against our trading and hw they can cause self sabotaging beliefs
- trading composure website helped on hw to meditate and keep a positive state of mind
- Just let it go gradually , detach from d pain , stop thinking about wat else u cud hv done with d money, guard ur mind from negativity
- STOP looking at the P&L . . write everything dat u did wrong on dat trade and wat u want to do next
- u'll be fine bro , opportunities are laying up gradually , we need to be in prepared mentally over the next few weeks and months
- take time off .. remember all d good things . it going to be great


#bless

Good one but my fear is that the guy might not be a trader in the actual sense.

Agbalowomeri:
Seeing a future resistance if it breaks the cloud

This one na real stuff Agba. I will prefer you do more of this than your usual go away and come back in December

Hey guys, please i need help.

I recently signed up to a stockbroker, on signing in to their online platform. I noticed that i have UBN shares as part of my portfolio.

I thought i only had gt shares and NAL Bank as thats what my parents told me about.

Please how do i go about collecting my outstanding dividends, i do not have a share certificate or stock number for the UBN shares as my parents bought it so many years ago.

Greatkhad:
Hey guys, please i need help.

I recently signed up to a stockbroker, on signing in to their online platform. I noticed that i have UBN shares as part of my portfolio.

I thought i only had gt shares and NAL Bank as thats what my parents told me about.

Please how do i go about collecting my outstanding dividends, i do not have a share certificate or stock number for the UBN shares as my parents bought it so many years ago.

If you are in lagos, simply go to GTL Registrars Murtala Mohammed way Yaba with your ID and all the problems will be solved.

pluto09:




This one na real stuff Agba. I will prefer you do more of this than your usual go away and come back in December

Na borrow I borrow am o
The owner don collect am back

The one I own na come back in december

Agbalowomeri:


Na borrow I borrow am o
The owner don collect am back

The one I own na come back in december

Abeg na who be this? Na pix wey I snap for village. As I no sabi ur face na him I say make I ask

Mpeace:

Abeg na who be this? Na pix wey I snap for village. As I no sabi ur face na him I say make I ask

No be Loco be this?

But u sabi wetin u go find with me na, no be bottle

Agbalowomeri:

No be Loco be this?
But u sabi wetin u go find with me na, no be bottle

Hyness

rationalmind:


Hyness

No spoil my runs o; I am still trying to appease the gods

Agbalowomeri:
No be Loco be this?
But u sabi wetin u go find with me na, no be bottle

I laugh out loud at "No be Loco be this?"
Na loco teeth don brown and comot finish from alcohol consumption like this?
Loco, no dey drink again o........ but Loco no dey village na