₦airaland Forum

Mcy56:
No mind them jorr, na so dem go dey disturb dreams anyhow.
On a serious note, I think he was right. You may try to average down so you can reduce your exposure in diamond.
The price you entered must have been the year high. In my opinion, it will take a long time for it to get there considering the bad news still surrounding the stock.
Even if the news are exaggerated, it couldn't have been so much far from the truth.
Wish you all the best.

That thing you are telling me to do If I go hook! You no go rest for my hand..

Mcy56:
My dear Prof, what do I know?
Mpeace wey I suppose copy notes on FA/TA from disappointed me. He no write the note, na oyel he just dey monitor upandan that time.
Na my bosses fit reply you on this one not me.
Thank you sir.

Each transaction on a stock should be viewed as a separate trade/investment and NOT a continuation of previous transactions on the same stock.

This will help you to keep a clear head and appreciate wrong entries and improve on cutting losses fast.

Mpeace:
He never sign ur form, yet you come be women leader? Classmte ur leg long oh. From today, I go start copy ur ansa again.

Who dash me that one? No put me for bigass trouble o.
Na yayira wan take over the position na, e just remain small make dem ordain her.

Yayira:
That thing you are telling me to do If I go hook! You no go rest for my hand..

Abeg oooo. I go just run away.
I mean, so you can sell your holdings in that stock at minimal loss and move on. That's just my angle but I think I was wrong.

DeRuggedProf:
Each transaction on a stock should be viewed as a separate trade/investment and NOT a continuation of previous transactions on the same stock. This will help you to keep a clear head and appreciate wrong entries and improve on cutting losses fast.

Okay sir..... learning.

Mcy56:
Abeg oooo. I go just run away.
I mean, so you can sell your holdings in that stock at minimal loss and move on. That's just my angle but I think I was wrong.

Hahahahaha
You are not wrong jare..
make we dey look sha

Yayira:
Hahahahaha You are not wrong jare.. make we dey look sha

I know the thought of that loss can devastate someone, its not easy but you'll just have to close eyes if needs be.
You will surely make it back somewhere else and be in massive profit at the right time.
I hope you understand my angle sha. Not saying you should necessarily sell at loss if you have the plan to hold on for longer period.
.... but stocks that have bad news surrounding them can keep one on his/her toes or make one loose rest of mind especially for non-long-termers/investors. it is well.

Mcy56:
Yes. That is the first step.
Register with Morgan Capital, they have the best and world class live trade platform. Have the lowest brokerage commission too.
You can download their user manual on their home page and read through to understand how the platform works once registered.
You can also ask questions here.
I dont know much about phone or infinix hot 5 but you should be able to trade if you have ipad or tablet.
Mercillicious once recommended Techno P9, I bought it and it works just fine.
However, there are more recent, better big phones that I believe can work perfectly fine with it too.... phone with 3G or 4G preferably.

At this juncture, I wish to invite my bosses and those that knows the phones that could work fine with itrade portal to help us out.

very detailed. God bless bro.

OBAGADAFFI:
See the way DIAMOND was rushed back to above N1 region.

Big lesson to Wema,UNITY and the under N1 gang of banks, you don't have to stay down forever .

If wema like make hin sleep there..ish

Wetin l know?

akinssan:
If wema like make hin sleep there..ish

Lol.

Recommendation on phones that can be used for itrade pleaseee, Morgan clients plenty here na. Make I start to dey call names? Ok.
- Manager, Iyanfoworogi filling station.......oga you know urself o.
- MD NB Plc.
- MD WizeOne FCMG Nig. Ltd
- Mpeace Oil & Gas Plc. .......
Abeg no mind me jare. I too dey play these days self and no be my fault, as the tishas no dey come to teash us, Wetin I for do..

Modified: Recommendation not needed again.

Mcy56:
Recommendation on phones that can be used for itrade pleaseee, Morgan clients plenty here na. Make I start to dey call names? Ok.
- Manager, Iyanfoworogi filling station.......oga you know urself o.
- MD NB Plc.
- MD WizeOne FCMG Nig. Ltd
- Mpeace Oil & Gas Plc. .......
Abeg no mind me jare. I too dey play these days self and no be my fault, as the tishas no dey come to teash us, Wetin I for do..

Women Leader . my 2 hands up.

tritritri:
Women Leader . my 2 hands up.

Dear GMD NB Plc, twale sir! I dey loyal.
....but no be me get that title, na my boss Yariya.

Yayira:
Fxuser and BBM please what’s TA saying about fcmb?
Entry price
Support
Resistant
Stop loss
Stop profit

...my sister, FCMB is crying for BUY BUY. But we need to buy like Smart Monies.

Technically, there is a weekly rejection candle at the 78.6% fib level with a gap up last week but ended up in the bear.
-Support is around 1.30 (A BUY)
-Within 1.51 to 1.29 are bright range to make small loss if the stock refuses to rally
-"My Stop Loss" will be below 0.68

Back to Diamond Bank - How I wish this is Engulfing Candle
Last 2 week candles look much more an engulfing candle, but for the little wick. If I were not in Diemond Bank stock, then technically what I will be looking at for are:
-Longer time support is now at 0.78 while 0.86 is the daily support (critical points)
-1.09 resistance is starring and needs BULL power to be overcome

PLAN YOUR TRADES AND TRADE YOUR PLANS

BullBearMkt:
...my sister, FCMB is crying for BUY BUY. But we need to buy like Smart Monies.

Technically, there is a weekly rejection candle at the 78.6% fib level with a gap up last week but ended up in the bear.
-Support is around 1.30 (A BUY)
-Within 1.51 to 1.29 are bright range to make small loss if the stock refuses to rally
-"My Stop Loss" will be below 0.68

Thanks for the analysis boss. . Was thinking it might still hit 1.38 like it did last tym..Any possibility on that ?

BullBearMkt:
...my sister, FCMB is crying for BUY BUY. But we need to buy like Smart Monies.

Technically, there is a weekly rejection candle at the 78.6% fib level with a gap up last week but ended up in the bear.
-Support is around 1.30 (A BUY)
-Within 1.51 to 1.29 are bright range to make small loss if the stock refuses to rally
-"My Stop Loss" will be below 0.68

Thanks boss..

Mcy56:
Well done sir. Nsempa is media and audit reports too ba.
The guy, edwardaigb narrowly escaped skye hammer just the very last day going by his posting here after skye died.
You think he was 100% serious that village people caused his not buying diamond?
If you got your hands burnt before, you'll be extra careful.
Not totally against your online villagers anyway but I think it has both its advantages and disadvantages.
I rest my case.

From my experience the hammer falls on banks not exactly at the time the media first reports bad news about the bank's wobbly financials. It happens much later when all the bad news seem to have subsided completely and the media has forgotten.

You will recall that Skye Bank palaver was first, albeit faintly reported about November 2016 and in 2018 when all somewhat appeared cool the hammer just fell. Same with Afribank, Spring Bank and Bank PHB.

Even if CBN hammer falls on Diamond Bank this Monday just ahead, what I put in at 66k on Thursday last week will not be enough to send me back to the village.

Yayira:
That thing you are telling me to do If I go hook! You no go rest for my hand..

Lol....

Below is not about any particular stock:

I prefer buying fresh soup at a reasonable price than buying sour soup cheaply, simply because I got free firewood and potash from a neighbour.....

If I am carrying contraband , I will always come down from a bus before every serious security check point, walk past the security check point and wait for the bus ahead. If the bus is not seized, I will re-enter. If the bus does not appear again, good luck to the driver....

DeRuggedProf:
Lol....

Below is not about any particular stock:

I prefer buying fresh soup at a reasonable price than buying sour soup cheaply, simply because I got free firewood and potash from a neighbour.....

If I am carrying contraband , I will always come down from a bus before every serious security check point, walk past the security check point and wait for the bus ahead. If the bus is not seized, I will re-enter. If the bus does not appear again, good luck to the driver....

prof,you've been to the street,lol.

https://www.google.com.ng/amp/s/www.vanguardngr.com/2018/07/senate-approves-n348bn-to-74-oil-marketers-for-outstanding-subsidy-claims/amp/
Some of the oil marketers and the amount approved for them include:Aiteo N4,988,199,360; Conoil N5,588,285,132; Forte Oil N15,480,445,907; Bovas N5,953,684,258; Capital Oil N8,339,052,402; Mobil N8,282,363,478; MRS Oil and Gas N20,948,270,002; Oando N14,972,585,600; Total N21,569,996,843, among others
https://www.nairaland.com/4893283/oil-marketers-get-n236bn-subsidy

Mpeace:
https://www.google.com.ng/amp/s/www.vanguardngr.com/2018/07/senate-approves-n348bn-to-74-oil-marketers-for-outstanding-subsidy-claims/amp/
Some of the oil marketers and the amount approved for them include:Aiteo N4,988,199,360; Conoil N5,588,285,132; Forte Oil N15,480,445,907; Bovas N5,953,684,258; Capital Oil N8,339,052,402; Mobil N8,282,363,478; MRS Oil and Gas N20,948,270,002; Oando N14,972,585,600; Total N21,569,996,843, among others
https://www.nairaland.com/4893283/oil-marketers-get-n236bn-subsidy

This is part of the reasons we have huge npls from the oil sector.

BullBearMkt:
Back to Diamond Bank - How I wish this is Engulfing Candle
Last 2 week candles look much more an engulfing candle, but for the little wick. If I were not in Diemond Bank stock, then technically what I will be looking at for are:
-Longer time support is now at 0.78 while 0.86 is the daily support (critical points)
-1.09 resistance is starring and needs BULL power to be overcome

PLAN YOUR TRADES AND TRADE YOUR PLANS

called BULLISH ONE WHITE SOLDIER
nice one

identify urself

BullBearMkt:
...my sister, FCMB is crying for BUY BUY. But we need to buy like Smart Monies.

Technically, there is a weekly rejection candle at the 78.6% fib level with a gap up last week but ended up in the bear.
-Support is around 1.30 (A BUY)
-Within 1.51 to 1.29 are bright range to make small loss if the stock refuses to rally
-"My Stop Loss" will be below 0.68

any opening > weekly rejection candle will make it an important fractal off a critical fib level ...

tritritri:
Thanks for the analysis boss. . Was thinking it might still hit 1.38 like it did last tym..Any possibility on that ?

...we are dealing with human emotions in financial market, so anything is possible - it may get to 1.38 or might not before another rally

Mcy56:
Well done sir. Nsempa is media and audit reports too ba.
The guy, edwardaigb narrowly escaped skye hammer just the very last day going by his posting here after skye died.
You think he was 100% serious that village people caused his not buying diamond?
If you got your hands burnt before, you'll be extra careful.
Not totally against your online villagers anyway but I think it has both its advantages and disadvantages.
I rest my case.

Happy Sunday, so true sold skye bank in the morning and it died in the evening same day.

fxuser:
identify urself

I no dey there - jijoist

edwardaigb:
Happy Sunday, so true sold skye bank in the morning and it died in the evening same day.

Happy Sunday bros. Happy Sunday everyone!

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