₦airaland Forum

THIS TRADING IS SERIOUS BUSINESS
If we have a serious business, we need to give it all it takes.

We cannot afford detractions. We need full concentration. Just because of worry over the fact that I have to take some small losses, I was disorganized. However, I have gotten over this and immediately I can see myself flowing with the market at the moment. However, my recovery could not have been possible without a good trading system.

Today we took some trades, which I can call textbook pattern, it was perfect execution. Thanks to out trading plan blueprint. Again, this is why I tell people, you need a trading system, we can give you the best stocks (yes be assured we would, as our stock undergo a lot of screening), but without a system of your own, knowing a good entry time may be a problem. I was a subscriber to barchart.com service at one time, but all the signals sent to me, I ended up messing them up as by the time I received them, the entry points are no more on my chart? But now, I know better that when I get signals I will pick the best out of them with my system even when market condition changes at time of execution.

Leu us stay safe in this turbulence market. Also, LEARN TO PLAY ON THE INVERSE SIDE, i[b]. e do some Shorting[/b]. you can short with inverse ETF even with your NGN7000 equivalent (let us be using Naira as much as possible so that people will not thing we are using dollars, this is a coded message, we don't want to attract attention, realy we are trading with Naira!!! )

FOMC SEEMS TO HAVE GIVEN OUT ANOTHER INVITATION CARD TO THE BEAR - LET US SEE AS THE SITUATION UNFOLDS
I am not a friend of a bear market, it is a very painful period.

However, I wonder the people that are always trading in front of these big reports and earnings: doing this is like gambling!!! Better to wait till results/Reports are out and then we dance along with the rhythm of the market.

I can see that following along with the trend is good. It can enable us do proper swing trading. Now our strategy will tilt more to taking fewer trades plus incorporating more fundatals into our picks as every penny is becoming more valuable if we reside where we need to do some currency conversion to fund our accounts.

So, let us be careful during the bearish times, definitely some bullish time will show up again. Moral lesson for today is "trade with the trend", as retail traders attempt to pick bottoms will lead us to buying bad stocks most of the time, example is today, if it was my old self I would have bought TELL, but no, I want the big money to push stock into a trend, then I can join later. Also, I was not prepared for any market action until this Fed debacle is over. It is as if buying a blochain token at the moment is a taboo, nobody said do not buy, but seeing your account in red everyday is enough red-light. I am still monitoring the dividend paying stocks that have fallen heavily too, but their situation seems not to be improving (but we scan them everyday to see when they will wake up again).

FOMC SEEMS TO HAVE GIVEN OUT ANOTHER INVITATION CARD TO THE BEAR - LET US SEE AS THE SITUATION UNFOLDS
I am not a friend of a bear market, it is a very painful period.

However, I wonder the people that are always trading in front of these big reports and earnings: doing this is like gambling!!! Better to wait till results/Reports are out and then we dance along with the rhythm of the market.

I can see that following along with the trend is good. It can enable us do proper swing trading. Now our strategy will tilt more to taking fewer trades plus incorporating more fundatals into our picks as every penny is becoming more valuable if we reside where we need to do some currency conversion to fund our accounts.

So, let us be careful during the bearish times, definitely some bullish time will show up again. Moral lesson for today is "trade with the trend", as retail traders attempt to pick bottoms will lead us to buying bad stocks most of the time, example is today, if it was my old self I would have bought TELL, but no, I want the big money to push stock into a trend, then I can join later. Also, I was not prepared for any market action until this Fed debacle is over. It is as if buying a blochain token at the moment is a taboo, nobody said do not buy, but seeing your account in red everyday is enough red-light. I am still monitoring the dividend paying stocks that have fallen heavily too, but their situation seems not to be improving (but we scan them everyday to see when they will wake up again).

ONE TRUTH I HAVE LEARNT FROM THIS MARKET
. 1 We should endeavor to buy whole units of shares if we can afford it. Reasons:

-you can manage your trade better with stops or limit orders to exit
- the second reason will not be given as this is a public forum. But I will give it like this, gives you more freedom to............. I know the initiated one's can complete it for me. What did we buy today? Sorry, I will disclose tommorrow evening or on our twitter page. Our members need to buy before the public? Yes, I have no apology for this.

Good night everybody. Tommorrow, if TELL will tell me any bearish story, I will kick it out. This TELL better tell us the truth we want to hear!!! BULLIIIIIISHHHH, any other thing will be bullshit

TODAY LOOK LIKE A GENERAL PROFIT TAKING DAY IN THE MARKET
Big confusion in the market. Look like a profit taking day!!!

We need to be conservative with our money in a day like this.

benedictuyi:
What are the aforementioned stocks

Check our twitter page. We have disclosed the name of one of them there. Second one is SOXS, this second one is on the risky side at the moment, but we will let our stop loss do its job, we are not jumping out!!!

StephenAtir:
.
I day find ansa to ds question. Even mtnn

_________________________________-______-
GO back to some previous post around 23 August, theses are the likekely support prices for major stocks. And sorry that you don't have the figures, some people are working with this blue print!!!!

SOMEONE WILL BE VISITING THE OFFICE OF NIGERIA GLOBAL STOCK TRADING APPS IN SHETIMA STYLE AS SHOWN BELOW
Market is not too bad, our pick today is ABCL.

Our Nigeria APP need to be serious, no wonder they are adversibg for people to come and open account with NGN7000. Even for this 7000, if I hold my money and I want to give you NGN7K, but will not be able to trade, it is better for me to turn back, then go and look for 100k and patronize a better firm. An average person will not even invest 7k in Nigeria stocks?

These APPS as matter of urgency need to consolidate to one bigger outfit (I don't know their number, but 10 of them combined may not likely measure up to 10% of Passfolio!!!

So if one of the MDs hear that there is a visitor at the reception, he better peep 1st before coming out

YOU NEED EXPERIENCE IN THIS MARKET- KNOWING WHAT SOME STOCKS CAN DO IS VITAL
After some years in this market, I have now accepted the fact that I will avoid stocks that are in overbought zone no matter the attraction.

Another area of confusion. Is the need to hold a stocks for ever probably for dividend? This one is a big problem, all stocks should be bought for purpose of selling at an higher price (see as some dividend stocks will fall heavily and you are looking, this lead to another problem of buying stock with an amount lower than $60, the commission 0.5 or $1 make selling stocks bought with less than $60 look unreasonable as the commission. Will eat into the coast to about 10% in some cases) . These are problem areas for which on individual basis we should continue to find a way to sort out?

Wishing all happy weekend and we should trade making protection of our capital number one priority, so that we can still be in the market for long. If you are able to endure, profit will come.

DAY OF THE BLACK SWAN IN THE MARKET TODAY
FED dropped a Bomb and the market scattered, NASDAQ suffered one of the biggest loss today, no sector is spared.

For those that exvaped tge bullet today, better to cash out as by Monday we will know that the Proverb that says "thunder does not strike in the same spot" is true.

Do you still want to trade this market without any guidance or relying on YouTube videos, okay, you account will tell you the result.

We are on our trading table monitoring the Chinese stocks and BBBY

TODAY IS THE DAY OF THE BLACK SWAN IN THE MARKET
FED Chairman dropped a bomb in the market. Led to a day of a big loss in the market.

For those that escape the bullet today? Better cash out, as by Monday we may know that the Proverb that says "thunder does not strike in the same place twice is true".

THE BULLS WANT TO SHOW US THEIR STRENGHT TODAY- THEY DON'T WANT TO MIND WHAT POWEL HAS FOR TOMMORROW
All the big names have their names showing up as pre market gainers!!! Is the bull back, not yet, just want to test their strength to show us they are still alive

No story today. the market bulls will tell us the story. Our picks for today ARKG.

Our screeners are beign updated everyday, therefore expect better performance from our picks. We will continue to give our free picks so visit here and our twitter page and make some money from our picks. if we give 1 out of about 10 picks to the public we still have 10, the full list is usefull just in Case as we are about to place the order we perceive something bearish (we want to start making money from day 1 of trade as much as possible) on one of the picks the we go for another one.

Happy trading to all.

20 JUNE IS HOLIDAY- NO TRADING IN US MARKET
Our comments are still valid they are applicable to 21 JUNE 2021.
Blockchain and futures sto traded today and offer insight as to what we should expect tommorrow?

ANOTHER CHINA DAY AND LIKELY RECOVERY DAY
Premarket is telling us that this is a likely recovery day with VIX down and dollar lindex slightly down too. Oil stocks made attempt to recover immediately after market on Friday, but seems may likely start the week Ina bearish mode. However, there is no doubt that peoe want to buy the deep. The risk with oil is that US legislators are planning a coup to weaken the I fluence of speculators or big funds who are mostly responsible for creating high price in a situation like the Ukraine Russia war crises (we would see as this unfolds) . The expected US legislation may not have immediate effect but in the medium term, it will likely have effect of bring oil/gas prices down, so you see why we need to sell/ buy from time to time.

ZIM is our stock pick for today.

Wishing all happy trading week.

WHERE SI OAKPEAL- COME AND SEE VERU PERFORMING WONDER
Hi Oakpeal,

Please we need more picks like VERU, we have now calebrated our indicators to catch a VERU early. But what prevented me fro buying VERU is the fact that we have a number of biotech stocks in our portfolio, seems these biotechs (GRTS, VBIV etc) are coming up again. Definitely this was a fantastick pick.

Wishing everybody another Green day. There seems to be some confusion among the FED, while some are saying hike rates heavily, others are saying no. Thus today, the market seems to have advised itself and decided to move UP, looking at the short term.

I LOVE THE QUALITY OF TODAY'S LIKELY GAINERS
Although bulls are not yet back, but the quality of today's likely gainers will exite most traders: TSLA, MSFT, BHP, BP, BABA, JD etc.

So let us enjoy this bullish day. But we need to get a good signal service that will tell us what the market will likely do even before the open. We are trading against professionals, so we need to have like a coach which is part of what a signal service does.

Wishing everybody, happy trading day.

IS TODAY A GOOD OR BAD DAY
On my side, not a bad day. And I know depending on our portfolio, it can be a good or bad day. For those in VERU, the stock still looks okay, made a gain of about 9% today before retracing back.

Overall I will rate as a fairly good day. Tommorow will be another testing period for the market with 4 Fed representatives speaking 8.00, 9.15, 14.00 and 18.45 EST. Nothing new is expected, it is all about inflation and rates. Also, we should be happy that 2 of them will speak before market opens. so market will react fast enough for us to know what big money will do, 60 minutes after the speach is okay to detect the unbiased thought of the market on any announcement.

For whoever is interested, our daily stock picks on the local market, it is now available (you see a post of what we have bought/recommended to our paying subscribers some 3 days in the past): https://mobile.twitter.com/kelanio2002. For example, one of the stocks we would be buying tommorrow has already been released this afternoon. The local market has been fair, offers some diversification from the Global stocks.

Happy investing to all.

LET US KEEP THE FORUM BUBBLING AGAIN
Please let us keep posting our ideas.

You as an individual posting your idea will serve as a reminder to what we have to follow up. For example the VERU question yesterday made me to check VERU which I have been trying to follow up. I comment that person.

Unfortunately as I was busy with other scans I missed HYMC (available in passfolio, gained 32% pre market, this is a Gold mining company which has been bought buy the popular AMC, the theater company, no problem other opportunities will show up).

Below are some pre market movers as at this morning)

BEST wishes to all

MARKET AT STANDSTILL PRIOR TO FOMC REPORT
Did anyone observed that the oil stocks started moving up just about the time FOMC report was about to be made public? This is telling us that the big money already have an idea that the FOMC report will likely favour the commodities, but they still wait and not front run the report, this is an important lesson we have to learn to wait (it is retail traders that would be playing the earnings release game, normal rule of investment is don't trade Close to or on earnings date).

However, as we are not big money, we need to wait for the market to digest the report. This may take the next one hour!!!

Multiplier7:
Can someone use his or her dollar account to deposit or withdraw from any of the investment platforms?

_____________________

It is possible,

but you need to still confirm at support (

I have been using Naira). The best app that is easy to register on is PASSFOLIO. This is the link to the app. Passfolio is the best as you pay no commission and the Trading plaform display correct prices that will enable you manage your P&L without too much worry (some APPs don't display correct prices until you click the ticker symbol, this is a serious matter) . One of the problems with the commission paying APPs is that regular trading leads to accumulated commission eating off your Fund little by little. This is the link to support at passfolio (you will get a response) :[url]support@passfolio.com[/url]

Remember to use the link in our profile to register so that you can get the welcome gift from passfolio.

3 MAY 2022_ BOUGHT SWN & RRC
Market not bad. We bought the above.

Let us see how thing will play out in the next 2 days. Bought stocks were bought as a result of being in the best performing sector for the day, plus the fact that they are involved in Natural Gas

The good thing about the indicators used is that we don't need to think much, our software does the selection/thinking, the only thing we have to do is to check some basic fundamentals that the risk in those stocks are minimal.

IF YOU ARE A NEWBIE- JUST READ WHAT THE REGULAR PEOPLE HAVE BEEN POSTING OR GO AND LEARN ABOUT TRADING INDICATORS ON YOUTUBE

The above is the initial advice I can give. You just need to have some idea. Because if we give you a trading idea, you may not know when to buy or which of the ideas are good.

Whatever is your experience, you can come back to tell us.

Wishing you good luck.

Also you can visit our Twitter page on daily basis to see some ideas, but you need to know when to sell, even if you have a buy signal.

CHINESE STOCKS ARE BACK TODAY- ENERGY MATERIALD BACK TOO

Our stock for today is MRO (Marathon Oil).

If you see big gains in Chinese stocks today, don't worry; it is expected.

See some premarket figures below top domibated by Chinese stocks!!!

That is good. You can email support at passfolio.com for the accounts details or send me a DM/ whatsapp message and I will forward the account details to you. For some reason we have to be discreet with some details for a reason.

TRADING/INVESTING IS NOT AN EASY GAME- BUT WE MUST MOVE ON
Again, just like the Nigeria side, Global stocks for leading sectors of Energy and basic materials opened on a fearful note without any justification. But good thing is that respected the reality on ground and started becoming postive later.

We need to be careful, by ensuring some diversification in this market. Also, to think we can play the market without any trading or subscription to a good service is like a joke. It is like being penny wise pound foolish. Also after subscribing to the services, we need to have a system too to use the signal ideas correctly.

I just look at what we go through and still yet, we are still doing our best to improve. Like we trade only stocks in the best sectors using the weekly permance table, look at some fundamentals (this is how we believe a stock like PAA is likely to beat earnings (PAA has no problem, most oil stocks that miss analysts expectations were never purnised. Save for losing some points for those that trade the news, the stocks recovered the following day or 2 example was Halliburton or BKR, I cannot remember the name specifically).

Wishing all the best.

LIKELY GAINERS/SOME PREMARKET FIGURES FOR 28 APRIL


Facebook, BTU etc are among stocks that have booked some gains premarket.

Let us see how far the market can make some recovery!!!

I DON'T KNOW WHAT IMF REPORT SAID
Whatever IMF must have said seems not to be favorable for this market?

Time to escape with some available profits and wait on the sideline.

It is essential we know when to sell and stay out of the market.

WE CONTINUE TO MONITOR MSCI AS A MIRROR FOR WHAT THE FOREIGN PORTFOLIO INVESTORS ARE DOING
For now, as at Thursday this week, nothing yet. But some movement may happen soon, we continue to follow up.

As usual the gist goes to our members 1st. For now, market is not too bad, but most trading is concentrated on few stocks.

Wishing everybody the best.

TROVE SEEMS TO BE CARRYING OUT SOME MODIFICATION/REPAR ON THEIR PLATFORM
The platform for some few days continue to display figures that are different from the market price when you are just viewing your total portfolio, until you click the particular stock the correct figure will not be displayed.

I think it is better for Trove/Chaka to get the type of software that Passfolio is using? Just the same way most Nigerian Stockbrokers are using similar platform, like Morgan and United Capital have similar software.

It is bad that the platform did not even bother to inform the Customers? This people need to take this business more serious, the business has potentials for the future!!!

MARKET NOT LOOKING INTERESTING TODAY
Today is a day to relax and just watch our postions. If we are in any oil/Gold stock, our worries should be minimal. Around 4pm WAT, IMF person will be speaking, let us see how the market will react thereafter.

Despite the apprehension in the market, Chinese stocks looks stable (but as usual, very risky plays).

Nothing to buy today, we go back to the drawing board..

WHAT ARE WE BUYING OVER THE WEEKEND
Having a trading system is good. We looked at the Marijuana stocks yesterday at our entry period, unfortunately we did not buy as most were in overbought zone. reviewing the Senate approval in the coming week that is expected, we want to wait for next 2 weeks before looking at this industry again, there is likely to be a gap up against early next week, what may happen thereafter is unknown (may start falling again), buying now is like playing the news which can be dangerous.

Today we bought SKLUSD, already our in/out commission is covered.

MARKET IS TOUGH- SOLD SOLANA
Will continue watching the market over the weekend. Will likely make a move for Monday.

How I wish I had a system like what we are using now, a long time ago. No problem we continue. Shipping stocks are coming up, we will follow up.

Happy weekend to all. This time has been a busy time for us. We are just focus on this global stocks, as there is money here, especially if we catch the trend early. If we are in MLPs, we should hold, they should be moving with the US promise to sell more Gas to Europe?