₦airaland Forum

Today we want to O open our eyes to weekly dividend paying stocks- XDTE, QDTE


I have requested for chaka to add the ticker, let us see if the will add it.

I will be expantiating on this further for our forum members and the generality latter.

BETTER US STOCK APP- CHAKA VS BAMBOO
CHAKA is best. Check my old post, I believe you will see the reason. Comparing chaka is like "E ma fiku we orun", the difference is clear. Major difference is commission, chaka is 1.5% in out and 1% to f you have transacted up to 50usd in a month.

Us my referee code and get one week mentorship from Target Technical Analysis,

[quote author=Ikaeniyan0 post=131848386]PLEASE NO LIGHT IN OSHODI AREA IN TOTAL FOR THE PAST 9 DAYS

TODAY'S MARKET NOT TOO BAD
We recovered some of our recent losses today. Today not a bad day (maybe because of the fact the we are testing another investment vehicle will not mention yet). if the stock market is dull, the other instrument we are involved in has movement nearly everyday and although is a difficult item to trade, but if one can be patient to trade on only few days when big money moves are involve, you may not even need to know anything (except technical analysis that will show you the major market directions for those days) and you will make money and the icing on the cake is that your profit is available for withdraw everyday with no extra charge.

Again, let us see what the market will do tommorrow with the NFP report due for 13.30WAT. First part is supporting rate cut, if tomorrow's report supports rate cut again, they we will see a fairly strong bullish market tommorrow.

KEEP THIS BEHIND YOUR Mind, Scammer are looking for popele to scam. NEVER LET ANYBODY OPEN ACCOUNT T ON YOUR BEHALF FOR STOCK TRADING
, ONLY OPEN ACCOUNTS WITH YOUR NAME AND BY YOURSELF ONLY, THE PROCESS IS SO SIMPLE (WILL I SAY IT IS AS SIMPLE AS OPENING ACCOUNT WITH A NIGERIAN STOCK BROKER, JUST TRY CHAKA AND SEE, AND ALL YOU NEED IS JUST NGN16, 000, SIXTEEN THOUSAND NAIRA ONLY TO START)

Wishing everybody safety in the market. Please be weary of scammers, your cash is your valuable asset, so guard it jealously.

yok:
I WANT TO TELL CHAKA TO ADD "BITO"- TODAY

Try it. You will see it is not in the platform.

Before close of market today, it may be added to the platform.

So let us see.

After the above request Chaka added the ticker-- see confirmation mail below

Geist:
Most of their exchange rate is cut throat. Their exchange rates are always higher than what's obtainable outside.

The rate is the parallel market rate or close to it plus the buy sell spread as appropriate. You should notice too that the rate will withdraw your money too is close to the rate you deposit.

We should be happy that this opportunity to invest in global stocks and earn in $ is opened to the general public. Before, it use to be big money who have the opportunity through the like of Citibank Nigeria, then the deposit required for an individual to have a dollar card use to be like NGN2m, but now with $20 you can have a dollar card and start transacting in USD.

Conclussion: if you want to invest via Nigeria APP use your Naira account/transfer, if you use your DOM ACCOUNT, you may end up paying too much charges than normal. And a time like this, when is easy to make profit in the market is the best to add more money to our accoubt if we have the funds.

We Have Assemble Some Defensive Stocks As We Prepare For Offensive
Dividend paying/stocks with sone fundamentals are good as defence against the bears.

THE PEOPLE RUNNING TROVE NEED TO LEARN HOW TO DO THINDS BETTER

The APP was down today, instead of mailing the clients they just posted this on Twitter?

Sorry I am noy Trove, but our stock pick of today is also on twitter }

THE PEOPLE RUNNING TROVE NEED TO LEARN HOW TO DO THINDS BETTER

The APP was down today, instead of mailing the clients they just posted this on Twitter?

Sorry I am noy Trove, but our stock pick of today is also on twitter

[quote author=therealMcCain post=127562322]hello guys,

Check some of my postings or by YOK or Yok2

If ant of them Chaka, Trove, Bamboo go burst, as long as that money has been used to buy stock, there is always a Custodian behind the local APPS (Custodian is drivewealth, drivewealth will just transfer your shares to another sub-broker, in effect Chaka, Trove, Vest are just sub-brokers) and even in case where there is no sub broker, once your money has been used to buy shares, SEC has your shares finally, and jus like buying Nigerian shares, SEC/NSE has final Custody of your shares not your stockbroker). So your money is safe as long as you did not invest in products that are directly from the Stockbrokers.

So quite safe, we have experienced passfolio going out of business, but our shares were transfered to a new stockbroker by drivewealth. So welcome join the party and I am sure you will be dancing AWILLO soon, if you stick to quality stocks and don't insist on buying penny stocks!!!

FOR FUNDING OF OUR ACCOUNTS LET US TAKE THE SIMPLE WAY

For chaka, just send the Naira value you want to fund to Chaka, you can see their exchange rate first. So simple.

To avoid complication, you do not need a Dom account.

Same applies to TROVE.

But, if you know you can afford more than $1000 equivalent, then you can use the likes of tradezero. com. For tradezero, your Dom account may be useful, send a message to tradezero.com. Get the details for how to do wire transfer, then inform your bank and they will do it. The charge will be like NGN21,OOO equivalent . Then you know you have to start Taking things serious duw to the amount involved.

Today we continue our Awillo dance, market still good!!!!

SOMEBODY JUST DELETED AN IMPORTANT INFORMATION THAT SHOULD HAVE BENEFITED EVERYBODY HERE?

No problem. I am enjoying this market and dancing SKELEWU. I will disclose Gold stock that pays 12% dividend. But sorry not in Trove and Chaka, maybe other foreign brokers will have it. Look forward to the the name of the stock, which is also an ETF. I want to go and dance small SKELEWU

US STOCK INVESTING IS FOR LONG TERM BENEFIT
Looking at the level of fraud prevalent in Nigeria (if you invest in a Nigeria entity or scheme, the risk is just too high), the US stock market is relatively safe as once you buy the stock (I only know of entities connected with drivewealth), your investment is directly with the US entity (NVDA, AMZN, TSLA,, ET etc)..

These days, I am so comfortable having my money in US stocks compared with other alternatives. For example look at a stock like ACHR, JOBY see the quality of the major corporate shareholders (awesome). For a time like this, with oil stock: EC, PBR, ET are good. There is no strong entity in oil production quoted in Nigeria with only SEPLAT as alternative. Unfortunately, SEPLAT is not comparable to the medium size oil stocks in the US market. So if I am looking for investment I a real oil stock, I have no option, but to proceed to the us market

CATCHING SOME SECTOR MOVES T INFANCY IS ALWAYS A GOOD TRADE
Gold stocks are looking good, but we should go for good quality only. Example is DRD

FOR TODAY LET US WAIT TILL POWEL FINISH SPEAKING BEFORE WE BUY ANYTHING
If we want to buy stock today we should wait till after 5pm Nigerian time.as Jackson Hole is serious matter.

Better to be in cash, and 8f we want to buy, we should focus on quality stocks that are at strong support. In the interim we can find such stocks in tech/oil stocks. We should avoid chinese and Finance stocks temporarily

WE ARE LIKELY TO SEE THE MOTHER BULL TODAY, YESTERDAY WAS FOR BABY BULL - MOSRKY IN TECH STOCKS
Technology stocks still look best at a time like this. Yesterday we bought SMCI, other we could have bought are: AEHR,NVDA etc

Buying TSLA, AAPL, NVDA, SMCI will give you rest of mind and in 5yrs your money may double. But buying the likes of TLRY, GRRR(I call this gra gra stock, most penny stocks are gra gra stock), in five years you are likely to be in loss of about 90% of your investment. If you think this is a lie, please try it. GRA GRA stock are for paper hands (fast traders) and well equipped, they can afford 2k subscription for trading platforms on monthly basis.

And to buy NVDA, you can start with 900 Naira as shown below.

Our indicators are so good, they tell us what to buy (that is why we cannot be quiet, when others are running away from the market). We are here to stay. This forum is here to stay.

Shout out to our GO, we wish OAKPEARL well where ever he is, GOD will continue to bless him. We will keep this forum running, God helping us.

ONE STOCK JUST MADE A "GENERATIONAL LOW" - IT HAS BOTTOM OUT

Our indicator is telling us that this stock is at a very low price and has no option but to move up.

See the stock here:
https://mobile.twitter.com/kelanio2002

CHAKA'S COMMISSION. LOOKS FAIR
With the trades we took today, our commission rate for this month is now 1%. Looks quite reasonable.

With volatility so high today. We ha e started porting to low risk stocks. Today we bought a stock in the steel industry. The sweet 0art is that we bought at a strong support.

Bitcoin stocks, although in uptrend, the risk is now higher. We will be waiting to enter them back at strong supports.

CHRISTMASS IS HAPPENING HERE
Just got a huge dividend from ZIM. Yesterday it was 30% gain from Yamana/PASS.

This market is sweet. Our sector analysis and stock to buy in the sector as at today has been published for members.

If this post is deleted. No problem. I have nothing to lose. Nigeria market is below.

MARKET IS BACK TO BEARISH MODE
What do we do? We should put our stops in place and if we are taken out, fine. Also if we are stopped out, we should take time to review why we were wrong, what can we learn from the trade, have we overlooked ant of our trading rules? etc . For us our TNA (RUSSEL ETF) trade seems to be in serious trouble, started the day at 0.00 level. We have no fear, we have our stop in place at a point where if we list we would still have money to trade at a later date.

Happy weekend to all

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.