yMcy56:

Thanks a lot for your contribution.
This is what I'd expected but no, some of them won't talk but would only be waiting at the blame corner......some for don dey talk say new monkey don reach town self.

Like earlier mentioned, it's a potential good stock to keep eye on........amd like you said, the company truly worths more for what they do.
The death of the founder was a major setback but the company is waking up and trying to see how to revive the the company and set it on profitable track.

Some are buying into the future of the company.
Anyone not disposed to penny stocks should stay away. E go be for everyone's eyes.

Very well said!

yMcy56:
FPI's STAKE IN NGX NOW AT 23.74%


OMATEK
* A penny stock with future prospect and hidden potentials
* Free from receivership
* The only computer manufacturing coy listed in the ICT/Technology section of NGX
* Stands to benefit from the FG's renewable energy plan as a listed company
* Has standard Solar System facility in place
* Temidayo Seriki as chairman and another active CEO in place
* Status changed from delisting to "Restructuring"
" Plans to raise fresh Capital in market with Unissued share Capital of around 4B
* Possibility of bonus issue
*
https://leadership.ng/nigeria-signs-historic-solar-plant-deal/
https://www.google.com/amp/s/guardian.ng/technology/omatek-free-from-receivership-plans-fresh-investments/amp
https://omatek.ng/omatek-ventures-gets-fgs-backing-to-boost-productivity/

* No be say I dey market this stock o......you know say na how we dey bring out this hidden values, infos and checks be this. At the right time it will respond.
* The Mutual Benefits some are now seen have been sighted and posted here last year, before now; So also some few others...

This is very good.

Their 5 year financials are still very disturbing though....

Many of us trading and/or investing here have probably made more money than the company in the last 5 years....

Can the current leadership recover....

For what they do, the company truly should be worth a lot more than what we are seeing but........

I'm just highlighting what is visible on the surface, not recommending or advising in any manner!! Anyone reading please DYOR!!

Piroty:


I do understand your point very much,yes many prop firms have failed and all that and yes they do profit from inexperienced traders but do you blame the prop firm or the trader. Prop firm give you unlimited time to pass a chanllenge and you want to use 1 day to do so, after loosing you turn around and blame the firm's dd rule and all that. Truth is prop firms will come and some will go but they are here to stay. Some will stay for long,some are basically here to scam too so it's a dicy situation. I use prop firms and i actually advice experienced traders to do same.

That's fine.

I remember when BSC was new and every crypto trader was launching their own token daily across the globe. People were rushing in and of course getting rug pulled. Till it all went burst. Same with wonder banks! There are so many other examples.

The online prop space is a bubble and it will burst eventually like all get rich quick schemes and/or ponzis. Remember this conversation when that happens.

Piroty:


You are actually right for most of your write up except for the online prop firm thing. I actually would advice you read very well on how they operate and why it's actually difficult to pass their challenges and use that so called "500k to get 10m"

So what i wrote is not about the difficulty of passing their challenges. The challenge being difficult or not is irrelevant to my points. My write up is for inexperienced traders to understand that online prop firms are more or less a ponzi scheme! The online prop business model is a scam. Just like a typical ponzi scheme were those who get in first always cash out, online prop firms pay out profitable traders from funds of the sale of challenges. Thats their real business, selling challenges. They don't fund anyone and they don't copy any trades. There is no real actual capital anyone is trading, its all simulated or demo if you like. New traders need to understand this. It is deceitful and unsustainable and you cannot build a trading career based on online prop firms. Ask any forex trader who has been trading for at least 15 years!

My advice to any Naija trader interested in online props would be make sure you get the challenge free!! Don't use your money to buy one, instead fund your own account, trade patiently and see the power of compounding.

Many people are not willing to put in the time to learn to trade. People will see your life and ask what do you do, they hear trading and say please teach me thinking they can learn everything in 2 weeks!! Its like telling a doctor to teach you how to be a doctor, its ridiculous!

100% of traders want to become millionaires but no one wants to plan, follow rules, trade, win, lose every day for 5-7 years.

Traders fail because they don't finish getting the knowledge, they have no patience, they want to get rich quick, they can't control their emotions, they can't stick to one strategy, they can't ignore the noise, they are always following someone. Mediocrity is not for trading!

Low capital isn't really a problem for a patient trader, compounding has serious power!! If you can't think in probabilities and don't understand risk managment, it doesn't matter how much capital you have you will still lose it eventually. 80% of traders lose because they focus on going from 0 to 100. 20% win because they focus on going from 0 to 10, then 10 to 20, then 20 to 30 until they get to 100.

The get rich quick mindset is a serious problem and that's why online prop firms are making money from inexperienced and ignorant traders. No online prop firm ever funds anyone and they never will. Real prop firms don't look for traders online and you can't pay to join them or trade their capital. But traders want to be rich in 1-3 months so they waste all their funds on prop firm challenges. They never bother to think, if both the challenge and simulated funded account are demo, how can demo generate payouts? How can you earn real money from metatrader demo? There are enough movies and tv series on trading that give an idea of how actual prop firms operate in the real world. If you watch Billions for example on Showmax, it gives an idea of how traders get to trade funds for a company and its definitely not by paying to sign up or winning giveaway. Can you give a naija bank N500k in order to trade their N50m? Can you use a bicycle to collect N10m from a bank? Real prop firms hire traders many times fresh from school and train them then pay salaries. Anyways common sense will never be commonly available!

There are perhaps 4 trading stages if you learn right, each stage comes with emotional rollercoasters (it is not for the weak):
1) Analysing charts - this is where you find your edge and choose your pair.
2) Executing trades - this is where you learn patience and learn to follow your rules. This is where you understand trading psychology!
3) Compounding money - this is where you learn how to lose and how to think in probabilities. 1 trade is meaningless! 10 trades are meaningless! 100 trades is learning! 1000 trades thats becoming a trader! You understand RR.
4) Freedom - you have given 10,000 + hours and 10,000 trades. You know risk managment like your palm! You have only 1 pair, 1 edge and/or pattern, you trade only 1 session.
There is so much more though....

Any new trader that can't go through the entire Babypips curriculum is probably not ready for trading.

Trading is probably the most difficult thing a person can try to master but it is the best and most rewarding business in the world! If you can give it 5-7 years, your older self will thank you!

ojeysky:
Intbrew has refused to move

I feel like this on CAP as well, been stuck in the range for some time.

megawealth01:
My people in DAAR... HOW DEY DEY GO? We are officially on how many percent from #0.22?

I was on this as well from 0.22, out now and pleased!

Diyke4rich:
Thank you transcorp for 580%, running to 1000%

Well done! You've got some real diamond hands!

DrAkpa:


25-30percent profit is my time horizon. Already achieved that with UBA but still waiting for zenith bank which is at 9percent as I didn't enter on time. I will wait till January to offload as that's when dividends and quarter results would be declared. I have always been a long term investor with nsl brokers since 2005, but opened another account with chapelhill to enable me monitor my stock in real-time online and trade short term

This is very good. You know what you want and you have a target, so stick with it.

All the best!

DrAkpa:


Pls Should I sell my UBA and zenith, or should I keep holding?

The decision to sell or hold should be based on your own time horizon and what you had planned to achieve at the time of purchase and/or investing. If you don't have any target in mind or don't know your time horizon, then you need to get some more investing knowledge or just invest with the help of an advisor or stockbroker. 


As an example, you may be investing for the short term but the advice you're reading online may be from someone investing for the long term. You need to know you and what you want before getting in!


It is neither advisable nor sustainable to make decisions about your funds based on the targets and views of people online. 


I say these with all the best intentions!

Karsun24:
Good evening boss, how can I claim my share coz I am confused

The giveaway has closed.

philest222:
I am unable to sign up since few days ago bro.... please how did you do it?

Click the Google icon to signup with your gmail instead of trying to signup by filling in your details.

This is still available for traders who need capital, theres no time limit on the challenge. No need to rush!

I hope this helps a good trader out there! Please help a trader with the info if you don't need it. It expires on the 12th of December.

Note: Just click on the Google icon to signup with your gmail, its faster.
[b][/b]

Claim yours now – visit the website: https://app.alphacapitalgroup.uk/login, sign up, and head to the 'Profile' section and select 'Verification', complete the KYC form via Sumsub, once successfully verified, click the ‘Claim account’ button and check your registered email for account credentials 📈

*T&Cs
- Limited to one per person any user or individual found to be claiming multiple accounts will have their accounts closed immediately
- No Martingale - please read our FAQs
- Max lot cap on funded account of 2.5 lots for a $5k account
- Max daily loss of 5% calculated at daily starting balance
- Max loss 10% $500
- EA enabled on all phase 1 accounts please refer to FAQ in regards to EA usage

A good forex trader without capital can do alot with this! Please pass it on.

yMcy56:

Recent events has overtaking this in my opinion......
It resumed at day's high in market....1.68...few offers on ground now.....

* You asked if it's good for pick?
It pulled back to 1.31 last week, you for don ask this question then.....
* Providus is merging or buying high stake in UNITY, we dont know the price yet but if you're a risk taker you csn buy some, watch out for bargain entry and buy some...

Agreed. Article on Unity seems doa...

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