swilo:


Derugged,

I was just about to post this (I quoted you so I can extend my greetings):

Remember, TA based trades are short term, in case the trade goes sour, do remember to cut the losses and move on to identify another opportunity... Infinitisi zerodha series

Some people place trades based on TA, follow the trade with FA while forgetting there was an initial TA setup (this is where hope usually takes charge) and exit the market based on GA.

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'' Some people place trades based on TA, follow the trade with FA while forgetting there was an initial TA setup (this is where hope usually takes charge) and exit the market based on GA. ''

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arrgh dis . . #HopeVille #WishfulThinking


My special greetings to Derugged.

sellydion:


Jejebaba, This could not be the whole story now, I bought at N10 too. Average down to N7.5k, I was heavy buyer then. Having more than a million units. I collected dividend of more than N1m in the course of these years. I rode the draw-down till I got to 15% negative of which I sold,to quickly join Dangote Flour which I view cheap during this bull 2018, I got more unit in the process. I rode dangote till 17 naira. I eventually sold between 16 and 17. See my dear, different ways to profit in the market. In bear market do your due diligence and buy very low. Sell when the company become overvalue. W. Buffets do sell over valued companies. He was only patience during the period the under value company stays under.

Comparing Dollar to Naira will not work. Do your biz in Dollars earn in Dollar. Do your biz in Naira earn in Naira QED

fxuser:



'' Never overtake a long truck at a sharp bend to avoid head on collision. '' lol Prof

- can relate to this as a biker . . . but if one is caught in such a situation , avoid all 8 survival reactions (SR's by keith code)
quote ''
1. rolling off the gas
2. Tightening on the bars
3. Narrowed and frantically hunting field of view
4. fixed attention (on something)
5. Steering in the direction of the fixed attention
6. No steering (frozen) or ineffective (not quick enough or too early) steering
7. Braking errors (both over-and under-braking)
end quote '' from Twist of a Wrist

- umm can be applied to trading

#DontPanic #Riskmgt

Infinitisi:
So you are a biker

Nice one. Hope to join you guys soon.

DeRuggedProf:
Some people want to do a dirty thing in Access soon.
Having only a little over 64k sold since morning gives them away....
TA guys, intervene to give members direction.

NB: I have no position here and also not on my watch list. Just curiosity from experience.

fxuser:
Oando
- BB squeeze

DeRuggedProf:
NASCON

fxuser:



- price is breaking below the 200dma for the 1st time in over 2 yrs ! !
- also unable to hold above the 10wk ma (50dma)

DeRuggedProf:



Fowler has finally sent his guys here?
I am leaving to the sidelines first. I am an old man, I can not stand a stronger tide.
My stop loss has been activated. No waiting, no rationalizations, no reference to FA, no looking for the last released results, no searching for newspaper articles to prove myself right, no,no, no...not even NO.

Jejebabaa:
I laughed in Chinese when people compared some quotes written by an American who invests purely on USA stocks and applied such quote to Nigerian stocks who happens to be an emerging market with currency risks despite the same Warren Buffet warning investors about investing in Emerging markets. If your portfolio/stock is down by 50%, u will need 100% gain to break even and not to even talk of back to profit.
It's best to run first and ask questions later if a war is coming.

Chibuking81:

No recommendation will come from me in the remaining part of this year, about 105 days to go. From next year during bonanza period, recommendation will start, based on the stocks 2017 final year result, with 2018 q1, q2 and q3 result.
Then political atmosphere will be at degree 99, with tension in all camp, then the principle of be greedy when others are fearful will be apply.

DeRuggedProf:
Some people want to do a dirty thing in Access soon.
Having only a little over 64k sold since morning gives them away....
TA guys, intervene to give members direction.

NB: I have no position here and also not on my watch list. Just curiosity from experience.

Mpeace:
Classmate, u never say yes or no on oluchi issue. But wait make I check, the last exam wey we write, I copy all ur ansa including ur name sef.

Mcy56:

Make you go check whether na me be Oluchi of Morgan or not.

fxuser:
Oando
- BB squeeze

Mpeace:
Abeg fx which one be bb.

Agbalowomeri:


Bumbum squeez

Yayira:


Jejebaba you did not tell us what happened after the 50% decline in both stocks and .. i feel leaving this comment like this teaches nothing.
Tell us how you handled the situation..
Did you sell ?
Did you hold ?
What is long term to you? Cause 2 to me Qualified as long term.. I’ve been here only for 9 months tho.
If you don’t buy a stock in a bear market when should you buy ? Bull market ?

Mpeace:
whether na u be capital.

Mpeace:
Abeg fx which one be bb.

OBAGADAFFI:
bollinger band

Mcy56:

Meaning?