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.

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.

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?

OBAGADAFFI:


Ok just placsed a buy limit other in FIDELITY @NGN 1.14.

The order is currently executing.

OBAGADAFFI:


I entered some as limit and some as market.

But I will try what you suggested

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 , Dunlop , Japul
Your orders might not be executed within two years

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)

currentprice:


after your DD pls let know which is better

Thanks

currentprice:


brov, have you registered with both and trade

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!

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?

stokfrick:
Pls what qualifies a stock to be a high price stock or a low price stock and what is the minimum number of units for price movement in each case?

kolaish:
You are right. Morgan laid a legacy for others to follow (itrade) in terms of commision. I wish they rectify their problem on time.

OBAGADAFFI:


Something like this.

https://leadtraderng.com/index.php?page=guest.ResearchOverview

angelo82:


Brokers commission is 0.75%.

angelo82:


You can cancel immediately but sometimes it takes 2mins.But customer care is good also they always respond to your email.

angelo82:


Yes.

lafencer:


no bro. different platforms

angelo82:


I did too but the datas are not live.

Youngzedd:


Ask CBN Governor and Minister of Finance.

Economy di tight guys don hide

currentprice:
@ mercy

I can tell there is a block of 10k out of the 222,119 unit traded today.

FO is one of the stock you need to hold a long spoon to eat with the big boys on nse

mercylicious:

Its possible DT no single trade of 10,000 units occurred to change/ move d price to d trading price on d floor.

By this I mean, if d stock price is 137, if there is a bid of 9000 units @130 it will fly if there is an equivalent offer. Bt for the price to move from 137 to 130 on the price list, a block trade of 10k units must be traded for a large cap stock eg fo or a block sale of 50k units for small caps stocks eg fcmb

This point / rule I raised here is very important if u want to be good in maniputing stock prices. U can do it if u own substantial units of a stock and also have d muscle to buy. You can push d price up or down. Not only mm can do it

mercylicious:

Its possible DT no single trade of 10,000 units occurred to change/ move d price to d trading price on d floor.

By this I mean, if d stock price is 137, if there is a bid of 9000 units @130 it will fly if there is an equivalent offer. Bt for the price to move from 137 to 130 on the price list, a block trade of 10k units must be traded for a large cap stock eg fo or a block sale of 50k units for small caps stocks eg fcmb

This point / rule I raised here is very important if u want to be good in maniputing stock prices. U can do it if u own substantial units of a stock and also have d muscle to buy. You can push d price up or down. Not only mm can do it