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Stokfrick's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 10:16pm On Nov 17, 2016
currentprice:
bro. any update on this post. it will help others planning to open acct with leadcap
After much phone calls and frustrations by leadcapital,
I was able to get it. I have never seen such wickedness!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 5:23pm On Nov 15, 2016
angelo82:
You can only withdraw by sending them mail about your request.
Bro I did exactly so yesterday! Now I see reason y many brokers come under suspension by sec every now and then! If they are left they will treat investors any how they like! angry
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 4:21pm On Nov 15, 2016
angelo82:
Why the question?
They have refused to obey my cash withdrawal mandate.
Even after repeatedly mailing and calling them, all they keep saying is technical issue. That is not a genuine reason at all!
This is d 2nd time I am experiencing this with them. I am no longer comfortable with this.
I should be able to have my money any time I want it!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 3:53pm On Nov 15, 2016
Pls is any body experiencing difficulties withdrawing his money from LeadCapital?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 2:05am On Nov 15, 2016
Is CSL stockbrockers realtime?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 11:29pm On Nov 06, 2016
[quote author=Intendy post=50822828]anybody who as money there should seek SEC connection to bring it out.

this non access to your fund is very surprising like Mpeace said.

too bad for their clients with cash and tanking portfolio[/qu

Thank God I was fast enough to pull out my cash, as if I new!
I just have stocks left which in reality is in custody of cscs.
This has taught me two things:
To go for institutional stock brokers and
To use direct cash settlement system!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 5:42pm On Nov 03, 2016
binaflexia:
So tomorrow is judgement day for Morgan.
Bros just forget about any hopes concerning dis morgan and start planning on how to move your stocks. If there's any hope u would have seen signs by now. I tell u, nothing will come out it. D deed has already been done!
Av been there b4. NSE and most brokers don't give a dam about investors
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 5:18pm On Nov 03, 2016
Chibuking81:
I use Csl stockbroker, and they charge around 1.45% for buying & 1.55% for selling. In total 3% for both buying and selling.
Csl stockbroker is also into real time online trade.

Morgan charge arround 0.65% & 0.85% for both buying and selling, in total 1.5% for both buying and selling.

SUS stockbrokers charges me around 1.2% for buying & 1.3% for sell, in total 2.5%, that was about 10 years ago, I still have some stock with them, but I don't know about their current charges.
Oge chibuking, pls does CSL use the same platform like MorganCapital
And how much is their minimum amount for opening?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 3:13pm On Nov 03, 2016
ihedioramma:
They are very good .
Which stockbroker do you use?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 12:18pm On Nov 03, 2016
Pls is anybody using TRW stockbroker to know how good they are?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 12:17pm On Nov 03, 2016
Pls anybody know how good TRW stockbroker is?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 8:29am On Nov 03, 2016
PETERiCHY:
FOOD FOR THOUGHT

You Left Home To Hustle , Mama Prayed For You.. You Started Hustling, Mama Was Still Praying for You.. You Don't Even Call Mama But She Was Still Praying For you, Hoping for the Best For You. Now You Made It, You Have Forgotten About Mama. You Bought An iPhone For a Girl Who wasn't Present In Your Hustling Days.. Mama Still Uses an Old Phone With Rubber band Holding The Case Tight Together. You Go and See Mama With your Luxurious Car and Give Mama Only #5000 . Mama Was Still Praying For you. But You Always Take your Girl for Shopping Every Month. Mama Is still Wearing The old Clothes Your Dad Bought For Her Years Ago. With all These Mama Was Still Praying For You. Mama Calls You everyday But You Don't pick Up, You Tell Your friends Mama Worries Alot. God is Watching But Mama is Still Praying For You. Now Mama Is No More, Mama Died Of Hunger and Stress, Things Became worse For you Co's ALL Your Well Being was Because of Mama's Prayer for you everyday. Now Your Girl has left you Co's you broke now. My Guy, Don't Wait for Anybody To advice you, After Reading this, Just Change Your attitude Towards Mama. Take very good care of her and Be Wise. Co's Even If Mama Cry Because of you, It's a curse. #BeWise #LearnLife #TruthHurt
Oboy na your mama b that? huh
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 1:37am On Nov 03, 2016
valacious:
Can someone please enlighten the house on the simplest process of transferring your stock from one stockbroking house to another, at least for those tired with Morgan and incurring losses on their portfólio.
Hmm just pray its not classified as dead firm by friday otherwise, we wouldn't be talking about being tired rather, we'll b talking about how many months we will have to wait for our stocks to be transferred!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 7:55pm On Nov 02, 2016
angelo82:
Enough about Lead Capital,they follow standard rules which means your trade will settle first before payment unlike some brokers where you can get your money same day for a token fee.
U misunderstood me. I paid into their account to fund my trading account.
After acknowledging receipt, they are yet to fund it.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 7:03pm On Nov 02, 2016
This lead capital is too sluggish in crediting payment into account, have anyone noticed that
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick:
bigass:
What happened in MorganCapital that resulted in this was really bad. The hard stand of NSE shows that you don't rubbish, stockbroking must comply with the rules. Unfortunately Any time a stock broker is suspended it's their customers that suffer.
Hope it has nothing to do with their charges.
However, no matter what d broker's offence is NSE has no right whatsoever ever to take any decision that will infringe on the ability of the innocent investor to have access to his/her funds or stocks. Meaning that on the nse, one can wake up anyday and find out that access to their funds/ stocks have been blocked(even if the stocks can be transferred to another broker- an even more difficult process when d old firm is dead)
Such impunity is even more worse than whatever sin of Morgan!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 11:42pm On Nov 01, 2016
For God's sake, is this how the NSE wants to boost investors confidence in the NSE?
How on earth could they be so heartless to tie down peoples money?are investors the cause of Morgan's problem? This method is just too bad!
It must be changed!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 4:18pm On Nov 01, 2016
bigass:
For all Morgan Capital clients like me should know these

NSE suspension was to protect your investments So no trading while there's management issue.
Morgan Capital Bank account is currently frozen so Morgan Capital cannot run away with your money.
So the new way to protect investors investment is to bar them from having access to their stocks, while they sit down and watch their money go down angry
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 5:00pm On Oct 28, 2016
OBAGADAFFI:
[/b]


From my experience, if you place a buy limit order on stock, it won't be executed until he stock gets to your limit price.

e.g if Oando currently trading for N5, and you place your buy limit order @N4.80, your orders won't be implemented until the gets to N4.80.
Have u used Itrade platform b4?
I don't think u have, cos u would have understood where I am coming from!
I am not talking of when your order gets executed. What I am talking about is the time it takes for it to appear in the bid or ask window of the platform, immediately after clicking the submit button! Because it has to appear in the bid window first b4 u start waiting for the market to get to ur price.
That of itrade appears instantly, immediately after clicking submit!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 3:14pm On Oct 28, 2016
OBAGADAFFI:
I can't see it on the BID window yet.

Though i noticed some BIDs with more orders.

My question is, since the BID is lower than the current price, with it appear on as BIDs NSE system immediately?
Exactly my point!
U wouldn't see your bid or sell order in the respective bid or sell window until 10 or more mins after u click submit! And if it does not appear on the bid window, it annot be executed! This is my problem with lead trader. With this kind of system you just stay and watch, while others with instant execution platform get their orders filled in and executed fast!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 2:35pm On Oct 28, 2016
OBAGADAFFI:
Ok just placsed a buy limit other in FIDELITY @NGN 1.14.

The order is currently executing.
My point is did u check how long it took from when u submitted it to when it appeared on d bid window of the research overview?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 1:32pm On Oct 28, 2016
OBAGADAFFI:
I entered some as limit and some as market.

But I will try what you suggested
Sir pls, I will appreciate if u can try it now and give feed back. Tnx
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 1:22pm On Oct 28, 2016
OBAGADAFFI:
Well, I have been trading with lead for six years, and 80% of my orders are executed within +/-2 mins.
Any delay More than 30mins is usually due to the bid/ offers on the stock.

If you're buying stock with full like CONOIL(Aug/sep preriod) your order might not be executed in two days.

If selling stocks like, starcoms grin, Dunlop grin, Japul grin
Your orders might not be executed within two years grin
The orders u r talking about, do u enter them as limit orders or market orders?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 1:09pm On Oct 28, 2016
Godisfaithful:
Sir, try https://www.mytradebook.com/index.php?page=guest.OpenAccount

by Greenwich Stockbrokers. I think they charge 0.75% for online trading (You have to do it by yourself...lol)
Sir does Greenwich use itrade?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 1:01pm On Oct 28, 2016
[quote author=OBAGADAFFI post=50577119]Well, I have been trading with lead for six years, and 80% of my orders are executed within +/-2 mins.
Any delay More than 30mins is usually due to the bid/ offers on the stock.

If you're buying stock with full like CONOIL(Aug/sep preriod) your order might not be executed in two days.

If selling stocks like, starcoms grin, Dunlop grin, Japul grin
Your orders might not be executed within two years grin

[

Sir, pls enter a buy order of any active stock, with any amount u like at a safe price distant from the highest bid price and check if it will appear instantly on the bid window or even within 2 mins from the time of entry.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 12:24pm On Oct 28, 2016
currentprice:
after your DD pls let know which is better

Thanks
There's a problem here! Leadtrader? No way! Not even for a medium to long term investor. Instant entry/exit of an order is very key!
The best 4 a trader would have been meristem or any broker with an itrade platform but their charges 4%(total buy and sell charges) are too high for jijo or short termers!
Pls if any of u know any broker using Itrade platform with low charges pls let us know!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 12:01pm On Oct 28, 2016
currentprice:
brov, have you registered with both and trade
Yes, I have all platforms and just conducted a thorough check by trading with each platform and conducting buy/sell/cancell / limit/market orders!
U can try it if u doubt me!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 11:47am On Oct 28, 2016
stokfrick:
Guys have u noticed that when you enter a limit/market order trade on lead trader, it takes up to not less than 10mins for your order to appear in the
Buy and sell order window on other fast real time platforms like the I trade platform. Meaning that leadtrader platform is not capable of real time instant execution on buy or sell orders.
And this is not good at all for a smart active trader cos it will always lead to loosing golden opportunities!
But I also noticed that that of meritrade is instant execution
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 11:42am On Oct 28, 2016
Guys have u noticed that when you enter a limit/market order trade on lead trader, it takes up to not less than 10mins for your order to appear in the
Buy and sell order window on other fast real time platforms like the I trade platform. Meaning that leadtrader platform is not capable of real time instant execution on buy or sell orders.
And this is not good at all for a smart active trader cos it will always lead to loosing golden opportunities!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 10:54am On Oct 28, 2016
stokfrick:
For those who use lead trader, pls how do u cancel your order instantly in case of a mistake in entering a buy or sell order?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 10:39am On Oct 28, 2016
For those who use lead trader, pls how do u cancel your order instantly in case of a mistake in entering a buy or sell order?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 5:40am On Oct 28, 2016
[quote author=soloniger post=50560998][/quote
]

Which of them have cheaper total charges for buy and sell

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