₦airaland Forum

Jideams:
Need to check the actual entry price, think it was 36 dollars or there about as i am 30% up on the last 4 weeks. The vertical green line shows my entry date

Cool returns; that's a sweet trade! Any rationale behind buying the name?

YerYer:
Sold some bitcoin to LadyF and co last night.


● Another $8,500 available @ 530/$ last

● Selling $500 above

● Contact in signature

All sold to Aleairhub, Hazzantazzan & co. Thanks

AleAirHub:
333
Code

Seen

Sold some bitcoin to LadyF and co last night.


● Another $8,500 available @ 530/$ last

● Selling $500 above

● Contact in signature

Sold some bitcoin to LadyF and co last night.


● Another $8,500 available @ 530/$ last

● Selling $500 above

● Contact in signature

$3000 bitcoin available for sale.

Rate 530/$. Last

See contact in signature

$3000 bitcoin available for sale.

Rate 530/$. Last

See contact in signature

Jideams:
Hi All,

Been a while posting articles on stocks but i recently discovered a book " how i made 2million dollars on the stock market". This was interesting reading and i discovered the box principle implemented by the trader to calm his nerves in the market. Please see attached a copy of the implementation of the box technique on one of my positions.

I need to see how this would go a long way in decision making on buy and sell. Please read the book, it makes an interesting reading

Will check out the book. What is your entry price for this stock, is it $31.61?

Jideams:
Good job man... do not underestimate the drive it takes to learn something on your own and commit your funds to it. I did some learning back in the days when i just started but never invested real money into it.

The plan is to first start by using options as an insurance policy for my stocks at a volatile period. Take for instance i have 100 units of stock "A" at 10 dollars each (total of 1000 dollars). when the stock is about to declare their earnings, ideally what i do it to reduce my exposure buy 75% and then buy back the stock if it swings on the up side. With option all i have to do is buy a "put" option (one contract = 100 units of stocks @ the money) this should not cost me more than 100 dollars approx. so if the price of the stock falls, my put option will make me money and i will quickly sell all may stocks and make what ever i have lost on the put option.

Once i have a good feel for this, then we will start off with normal options.

Exactly, it's like an insurance policy for your stocks. I just find it interesting and how cheap it is to buy contracts, but the amount of money you could make or lose is astronomical. I will download the cisco webex like you suggested so we can live chat.

So yesterday, i took a really big risk in structuring a 'risk reversal' in a stock I've known for a while. I will post more on this later when I'm free.

Jideams:
Yeyer

I once got myself burnt using options and would like to work with someone confident of the trade. Can we organise a session via a video conference to discuss this? surly we can use webex or skype and have 3 people join the session. Zpixel you could also use the opportunity to profile your day trading strategy, not sure what your internet connection is like in Nigeria.

In any case, we will have to sync due to the time diff in the US.

I'm definitely cool with this, we can learn a lot from each other. Just let me know when it can fit in with your schedule. I'm usually available in the morning, from 8am ET, I think we are 6hrs behind you guys.
In regards to options, I'm really just testing it out, not too confident as I have some trades that ended up in a loss, but I feel like I learn as I go. I took a cheap online course on options trading, though I didn't finish the course, it did help me get started at least.

$2000 BTC available for sale,

See contact in signature.

$2000 BTC available for sale.

See contact in signature.

$1000 BTC for sale,

Call, text or whatsapp contact in signature.

Additional $1,024 btc sold to tolutweety. Really cool guy.

More loading soon.

tolutweety:
333

Seen

$4000 btc for sale.

Call, text whatsapp contact in signature

Most sold to Tolutweety

$4000 btc for sale.

Call, text whatsapp contact in signature

$1500 btc for sale.

Call, text whatsapp contact in signature

$1500 btc for sale.

Call, text whatsapp contact in signature.

zenus:
Still available?

$700 yes

YerYer:
$1500 BTC for sale.

Call, whatsapp or text contact in signature.

Sold to tooltip and oedinred.

$700 remaining

$1500 BTC for sale.

Call, whatsapp or text contact in signature.

$1500 BTC for sale.

Call, whatsapp or text contact in signature.

So few months ago, I said I will be diving into trading derivatives also known as options. Well, thus far I've focused on strikes several months away Take for example this bullish WFM put spread I bought back in September. Whole Foods Market (WFM) is known for selling organic foods in the US, UK & Canada. I bought 10 put contracts and sold 10 put contracts. If you look at the structure of this trade, you will know it's a bullish spread. Not to bore anyone with the boring terms and details of options, basically the higher the stock price of WFM goes, the more money I will make because this is a bullish trade. I could easily have sold just the in-the-money puts but to limit risks, I also bought the out-of-the money put as a hedge should in case the stock price goes lower for whatever reason I wouldn't suffer a huge loss. So if I were to close out this trade right now instead of waiting till the January 20, 2017 expiration date, I would've made $980 ($1338 - $358). Quite frankly I believe WFM's stock price will only go higher from here as more active managers rebalance their portfolios, nonetheless even if it goes lower, worst that could happen will be i don't lose or make a dime based on the strike prices.

Will initiate a small stake in Kraft-heinz KHC around $80.8 if it hits that price. This consumer staple name has been beaten way too much, and I expect it to be oversold in coming weeks which will provide for more attractive entry points. Trying not to rely heavily on just techs and biotechs anymore as I'm an overall longterm investor.

zPixel:
I never have plans to fund the account so no need for any bank transactions... I guess i've to pay for TC2000

Oh okay, I see what you mean, you guys are the technical gurus, I'm yet to get the full hang of it.

Man ever since Trump became the president-elect my tech stocks have been crashing hard. The so-called FANG (Facebook, Apple, Netflix & Google) stocks have been crashing hard and I'm heavily vested in those names particularly Facebook and Google. Lost 5k from those names alone since Trump. What has saved me are the financial stocks I bought post brexit as well as biotechs and oil pipeline stocks that I own; they've starved off the massive let out from the tech names. In the two financial stocks i own SNV & Citi, I'm up 35% and 23% post Brexit.

The market doesn't make any sense sometimes. When Trump won the election, I assumed gold stocks will skyrocket and make all time highs; well they did but briefly; they have since crashed over 20% since then. The dollar made all time highs today and there's a renewed confidence in the US economy hence the underperformance of gold and other metals. I will use this opportunity to bulk up the gold stock I follow AUY; its currently down over 20% my initial entry point. I will also sell 30 shares of SNV as profit taking even though it has the potential to hit $45 per share or a 15% gain in a short while, no need to be greedy.

zPixel:
Hello guys

I need someone in the US that can help me with opening an account with ThinkorSwim. I can pay you for your time. (it won't cost you anything to open the account)

https://www.thinkorswim.com/

If only it was that easy. You will need a social security number to open aTOS account from the US. That's how the government makes sure it gets its tax cut from any profits you make. Plus, how would anyone justify the funds coming into the account if it's not from a bank in the person's name?

Old news. How many times will these oganigwe mammary glands grace front page? I can bet my last 50naira, this same topic made front page news 3 weeks ago or there about.

What a wild wild swing. Talk about being caught off guard, voted for Hilary and she still lost, man it hurts like I lost a family member. But it's time to move on... I'm just shocked by the wild swings in the market overnight. Why do people always overreact and panic sell?? This is the same thing that happened during Brexit and I was fortunate to buy some cheap financial stocks, wasn't so fortunate this time around though. Didn't set any GTC buy orders, but I did buy more biotech stocks last week when the sector got spooked by polls indicating a Clinton win. Today, biotech, financial, oil and gold stocks are blasting off. While that's welcomed news, I still believe the market will be a rollercoaster ride from here.
Trump is an unstable man, I can totally see him sending tweets in the middle of the night about companies or sectors he wants to rain in.

PreyingMantis:
Hillary Clinton as expected, roundly trounced Donald Trump in the South-Waste, Nut-East and Nut-West of Nigeria.

Afonja, How market?

Be mute, the racist rednecks came out in full force to vote for their icon. It's all good though, the white population is slowly dwindling while the Hispanic population is growing at an exponential rate. This might as well be one of the few times a Republican will win the office, by 2050 whites will no longer be the majority demography in America.

Hold on to your btc for a lil while, it looks like this mad man might win the presidency. There will be a flight to safety in gold and bitcoin. Already the Mexican peso has fallen, many Mexicans would rather buy gold or bitcoin to ward off currency depreciation an economic uncertainties. The US stock market is tanking as well, if the current projections by CNN holds, expect bitcoin to hit $780 this week it's already shot up $14 in the past hour. Still hopeful the mad man doesn't win.

ArabMopol:
. typical AFONJA spewing trash after enjoying free amala and ewedu from mama bolo buka

Please who is this retard?