₦airaland Forum

Please I need lecture on buying on breakouts /average up strategy.

When and how to use it?

Boss I'm rolling on the floor laughing.

emmanuelewumi:
How is this related to what we do here. You can create a thread for this or share it on the digital agriculture thread ..


People need to learn how to be responsible.

Still on the ongoing discussion raised by Dr Awo, Please do well to watch on YouTube,

'5 Triggers for Re-evaluating Investments' by Phil Town.

... There are many people in the market who know everything about price but know absolutely nothing about value...

DrAwo:
I recommend the book "Rule 1" by Phil Town...

It covers in details the subjects of what to buy, when to buy, when to sell etc...

Thank me later...

I love people who dare and unapologetic about it....theirs is the kingdom of profit you have said it all, you must know what you are doing.
Here's my advice
1. If the amount you are staking is less than 1M, then it doesn't worth it.
1M will give you 20k approx. @4% ninu nkan oni nkan it's not bad. (pardon me I don't know mathematics)
2. Let it be at the back of your mind that there's no winner forever, 1 loss might wipe away all the profits you made in past 6 winning runs which nullifies your efforts. So try to be more skillful at it to minimise your chance of losing.
3. Always embrace counter arguments. There might be something they are seeing through instincts and experience which you are not seeing. But in the end, make sure your final decision is what you can defend.
4. Lastly, that kind of Jijo will make you money, which is fine. Building generational wealth by compounding is super fine. Investing shouldn't resemble a rat race or job. No offence please.

phoinix:
I am sharing wisdom for free. Free stuff is always disregarded.

If this bros could just help us move Japaul to d North so that people trapped in that lion's den could escape. celebrate your little wins jare.

Thank you all for the knowledge you are pouring into us and showing direction during this 'blood bath at lobster Close' everywhere is red

Du what?! What's happening there?

Gopulence:
Hello house,

I have been trying to buy stocks of 'Dufil prima foods' Plc, can someone please help.

Thank you.

Thanks for your analysis. Especially second paragraph.

ositadima1:
it appears that zone A-B (Support) and zone C-D (Resistance) are in play. If I am correct FBNH will be bouncing between this zones in the short term, with A-B ranging between 4.9 and 5, while C-D ranging between 5.25 and 5.7 .

The implications are that for a short term JIJO trader an entry at 5 would be ideal, stop-loss set at 4.65 (risk/reward ratio: 2:1) and take profit at 5.7 (15% profit). Already, one bus has left the park at swing point PSPL. Will it head to its destination or retrace to pick more passengers?

Notes: I came up with this support/resistance by anchoring to relatively significant price bars. A an D because those bars had volume expansion, C and D because the bar had a wider price spread as well as a high relative trade volume.

Some guys will argue that if price breaks 5.7 it will continue its up trend, well not necessarily. If price breaks 5.7 with less volume, 5.7 will be retested later and then give the guy who exited with profits a chance to re-enter again at a good price.

It seems FUGAZ sent many people on sabbatical leave

RabbiDoracle:
Just got released after a ban for explaining the meaning of a banking acronym (fugaz). I think the owners of this site needs to overhaul their system. Many members were banned for trying to explain something.

OGG was even banned yesterday for replying to Fxuser post.

Finally, they have released me after trying to explain to someone the meaning of FUGAZ.


Sir Peter, I know you are being cautious to give detailed analysis so that someone will not come after making investment blunder and start saying "nigbati"

I just want to plead with you the professionals, try to explain to us.
1. What you see
2. The implications
3. Suggested actions.
Then advise that we should do further research to avoid tales by the moon light.

Believe me, to raise it in the first place, you have done well. I think BBM also mentioned it in the YT video.
Thank you our gurus. You are great torch for the blind like me

#myopinion

PETERiCHY:
On July 31st 2017
ALL SHARE INDEX
closed 35,847 Basis point

Come July 31st 2020
HISTORY is about to REPEAT itself

BARGAIN HUNTERS ARE YOU READY

*ThE OcToPuS*

At 6 minutes before 2, president was not on seat

BrandAlliances:
Everyone has secrets. It’s just a matter of finding out what they are.

Good morning great people. To whom it may concern.

Absolutely! I'm not in for a stock marriage that won't produce baby. Apart from Christ, immediate family and Chelsea , I don't usually follow blindly. So once a company is playing ludo with my financial destiny (intentionally or through negligence), I move! Zero emotion!

emmanuelewumi:
As long as the business is well managed, fundamentals are solid, earnings are growing and it is appropriately priced, anything short of this is to sell and reinvest in well managed and growing businesses, selling at a discount

Thanks sir. I'm in the long term journey with you. So I'm following your posts.

emmanuelewumi:
Those who bought First Bank, Guinness, Nigeria Brewery are okay.

1000 units of first bank bought at N3500 in 1993 grew to 56,000 units due to bonuses
The bonus history of Nigeria brewery is far better than Nestle over the years.


Nothing much about Union Bank, if the dividends earned over the years were diversified and reinvested the Investor should be okay.

I just shared this to let people know that after having about 6 months to 12 months living expenses in money market funds, excess funds should be Invested in a business, FG Bond, stock market, real estate , Eurobond etc. If not the money will lose its value.

Always good to invest and make sure the Investments generate income and cash flow

Try Morgan capital.
1. Download their form on http://www.morgancapitalgroup.com/ , fill it, scan it back to them with your � /International passport, photograph, utility bill. 2. Scan it back to them. Wait for about 72hrs working days (usually lesser), 3. fund your account (mind you, 5,050 will be held in your account as balance). 4. Start enjoying good service and low charges on buying and selling.
Refer to our madam for more explanation @Mcy

olayinmol:
Good morning Great minds,
I will love to know the best online trading platform with low brokerage fee and procedure for registration.

Thanks

Prof. Night of a thousand laugh series go make u more money I swear. I wonder where you always get your pictures. I will pretend I didn't see the lady in picture cos of pastor VV

DeRuggedProf:
Jijo team no dey gather fats oo.
They burn all the fats jumping from SUV to car to bus to train to Okada until they end up trekking home...

Then it means you are not familiar with fadeyi oloro. He used to kill dead person again if the deceased tried to rise again... Team JP na joke I dey o.

meine:
Weldone Mcy, dont mind them bad belle people......They dont know that What is Dead Can never be dead again.

Boss, should I go and price 2021 range, directly from the company? With your signature on it.

emmanuelewumi:
The lockdown is real. Thank God for expected dividends from Lafarge, Dangote cement, Seplat, Carverton, May and Baker, Julius Berger, Niger Delta Exploration, Friesland Wamco, Stanbic IBTC, Airtel Africa, Nigeria Brewery, Cadbury, Berger paints, Nestle etc for the month of June.

Why did you say that?

Deeonepy101:
Something is happening with dangote sugar

Prof, we share same rule. For Dokpesi, I held two grudges against him. Many houses were destroyed in our area in 1994 because of him. 2. He swallowed my money through IPO. So we no dey gree. those stocks were learning curves for me. Thank God we no look like the problem we went through. With prolific strikers on this platform, we will all be alright.

DeRuggedProf:



I vowed NEVER to trade an individual like Japaul and Daar again.

Even if I see Daar's report showing 100B profit before it is released, I WILL NOT BUY.
Reason: Can't look for a black cat in thick darkness.

I don't have A SINGLE UNIT OF JAPAUL and will NEVER buy any.
It's in my black book with some other stocks.
I trade stocks that if something suddenly happens to me, my family can have the time to process what is left...

For these kind of stocks, they stand no chance...

NB: I am not discouraging anybody, just revealing one of my trading rules..

Story that touches heart.
Valentine's day 2008. Just got my school fees, called my analog broker. He said Paulo was a good bae at #15.55 and me too mugu bought it.
Feb 18, 2010. In disbelief, Paulo don become #1. 24. The look on my face that day was worse than the one I had when Yakubu lost a clean goal. From that day, anything Paul is offside for me. Maybe Mcy can convince me. But I'll equalise against Paul one day.

Mcy56:
Japaulians Una well done oo.
I wasn't chanced to post that anyone interested should pick some units when there were still offers.
Picked some units at 22kobo, let's ride it to 30kobo first bus stop, then 35kobo 2nd bus stop....... Then....then.....we see how the bus schedule the journey......

Chams' driver is already on the way......we don't know the first bus-stop yet......we're watching.....

Yes boss

RabbiDoracle:
Good to know the thebargainhunte, osita, rich estate, meshpips are chess players.

Maybe oneday we will meet online on chess.com and play one another.

Sir, experienced black player won't play anyhow. No matter how what the white rook does, the aim of the black is to execute these moves. Once the rooks, one rook will stand between the white king and the breakaway pawn. Checkmate might be delayed but surely it's Black's game.

ositadima1:
It is like u are still learning the game, I have played this game for years, on PC, android and physically.

First, it is not black turn to play, you can see that black king just moved from file 7 to file 6 (g5 to f4).

Secondly, black rook on file 5 cannot kill pawn on file 4 without losing that rook, that pawn is protected by white king. That is why black needs to move that rook down to pursue king from that row 3, then after that the other rook will be able to take pawn on file 2.

But, because it is white to play, white would move white rook on file 6 and chase your black king from that file, if black plays anyhow, then the other white rook will be brought into play to finish off the game.

In short, white has a better chance here.

I can port this position to droidfish and play it out for you.

I don't think white could avert the fast approaching disaster. You can only delay it. If you're white, keep checking black king and advance your pawn. But even kasparov, Bobby fischer won't be able to win with white in this scenario.

thebargainhunte:
Oya na, those that can predict stock market make una help me predict my next move.

I like it when intelligent people differ. A dummy could pick a life/portfolio saving messages. Challenge accepted on his behalf

RabbiDoracle:
My concern is that your system doesn't make you money. Your system should make you money whether leveraged or unleaverage. But you will say you don't trade NSE because it isn't leveraged.

A challenge :

State the price of

GTB
Zenith..... This you said 11.90 first, then 9+ later.
UBA
Access
FCMB
Fidelity
FBN

And state the timeframe for the decline.

I will give differing prices and state timeframe. Then we will revisit after the stated period.

Ase o. (To the prayers) Ese oga wa, thanks.

RabbiDoracle:
So long as you bought around Mid-March 2020, just forget your login details

Except if there is a major global issue.

The only global issue we see now is the recession which had already been factored into the fall in February - March 2020. And there has been palliatives to ameliorate the impact on people around the world.

Now with companies/countries opening up, economic numbers that will be reported in May for most countries will be better than those reported in March and April (these months were the height of the lockdown). So this will even give more buy signal to investors.

The euphoria has not started o. When e start, you will feel it. Right now people are still confused if market will rise further or fall again. And like play like play, it is just going up jejely

Those who sold out of fear are kicking themselves as they see price inch higher and higher. May it not be your case!

Great Rabbi, kini ifa nwi on the matter? Your opinion. It won't be used against you as purchase alert

RabbiDoracle:
Wicked canon shot at Meshpips.

Good advice

Mcy56:
Had to come back cos of newbies.....if you didn't key-in to some of these stocks when some of the bosses were shouting buy buy, then be careful how you chase Molue......

Don't be carried away with emotions. If you miss one bus, join another that's yet to leave car park or warming up to take off, if you can't see desired one to join, wait for pullbacks.

If market goes up it comes down, and if it comes down it goes up again.......and the cycle continues.......don't come and complain here that anybody made you to buy at high price oooo.....I don talk my own. Make Una take care.

It's a cool stuff except for the fact that we need establishment of businesses to beat down unemployment rate and grow economy right to the grassroot.

RabbiDoracle:
That is why I so much like this portfolio investing. Carry my portmanteau of Internet modem, laptop, small foldable chair, jotter, a pen and calculator.

No office, no employee, no headache.

That's a good idea sir. I also think, to make it a (win-win),
1. Convert their non working days to their annual paid vacation but must be paid for.
2.if there's no enough cash to pay, let them take half month salary while the remaining be converted to unpaid leave.
3. If the situation still persist, let some of them multi task while others take unpaid vacation but please do not lay off. To have unpaid leave is better than termination.

Lastly, it's a crazy year but communication is key. The way you communicate it to them will determine if there would be pity towards your business or not...there's a way you can tell people to go to hell and they would be looking forward to go with joy. Communicate it right and let them know their job is secured.

RabbiDoracle:
He can explain to the workers that he is taking up loans to ensure that his employees don't suffer. But it will be repayable once they start work. But reducing payment is better than not paying at all.

He will do a gradual deduction (spread over some months) from their salaries once they all resume normal operations.

Thanks sis. I finally got this from playstore. It can be used for determining average up and average down. Newbies can download one or both apps. Just type stock average calculator on playstore.

Mcy56:
You're welcome.
Try and apply the % and come up with the units needed to average down using the prices.
Check that out for fxuser too.

Thanks Mcy for being accurate about the page.

Jejebabaa:
Hmmmmmmmn, it's well.
% needed to breakeven from a loss. I cant remember the book I made the screenshot from, else I would have reference the source.