₦airaland Forum

MARKET CAN BE A NO NONSENSE TEACHER
Today,without being told, we just need to escape with some of our profitable trades that are in profit, but chart pattern has become bearish. From now till middle of next week, market may not be easy to predict

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENTS 24 OCTOBER 2024

TECH STOCKS ARE BACK. The only magic I have is the system from " trading plan blueprint "

See my trades/dividends for Monday below. We bought blockhain ticker BITO yesterday and I am sure the stock will gain today.

Today, we are expecting a bullish day.

Without mentorship (forget getting a good mentor if you cannot make a little monetary sacrifice for training materials)

OLD FISH ADVISE TO THE YOUNG
Always eat at the bottom as the fisherman's net is always at the top? What this is telling us is that we should avoid the pump and dump stocks. I am always feeling bad when I see stocks that were Stars before now marked with liquidated sign, example VBIV. Seeing this makes me more brutal with taking profits and I am happy with our current screener that eliminates these type of stocks that are likely to enter liquidation.

So, if you are not a full time trader and cannot pay for a subscription based trading platform, better avoid penny stocks, no matter what you made in one day a day will come when you will loose more than 50% of your money and may not be able to trade again (this is one of the reason, you do not see many people here always, especially when the market is slowing down, like we will see on blockchain stocks on the next 2or 3 days)

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENTS 24 OCTOBER 2024
I love this market. Market is recovering today.

Investing in dividend stocks that one can hold for long terms looks interesting. I do not need to worry much about keeping my accounts active. Dividends provides the cashflows.

Wishing everybody the best. I am looking to enter Gold stocks and if blockchain stocks retrace, I will shout Hallelujah and buy more at support.

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENTS 23 OCTOBER 2024
In the medium timeframe mining sector is looking good and China is likely to perform this time around. Caucus members will see list of performing industries from our current website of reference.
I pity those that are late to this forum, just like the way people missed opening account with foreign brokers when you could have done so with NGN15,000 so are people going to see some stocks at extreme high prices latter (this may not be applicable to penny stocks).

For those asking how to fund Tradezero account, please talk to your bankers or email tradezero. By the way, for those who want to start trading with tradezero, how did you arrive at that company as the brokers for you? There is an issue with the broker which may not favor those with small accounts , so double check before sending your money to tradezero (it is a good broker have everything, gives you cheap loan to trade, allow shorting etc, but if you are not fairly big financially we wish you good luck with the broker)

Happy investing to all.

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENTS 21 OCTOBER 2024
Nuclear stocks should be on our watchlist, for blockchain, we may be a little late if we have not buy, buying now is risky and we should know our gains may be limited, before the next pullback. Gold, Reits, Blockchain, Tech should be winners in the Medium timeframe and we may add Chinese stocks too. Specific tickets has been mentioned for our caucus members in today's message.

Alaska90:
The link is giving error ...page is not found

If you type it right should be as shown below. I have just tried it and it work

WANT TO KNOW HOW TO USE BARCHART WEBSITE TO GET LIST OF STOCKS YOU CAN BUY WHEN THE MARKET OPENS ON MONDAY?

Then watch this video below. Change the "dot' to normal ".". If there is any issue let me know. This is just an extract from the book "trading plan blueprint ", a very cheap manual that will put money in your pocket.

You only change the dot after tinyurl, the other one after barchart should be left intact.

https://tinyurl dot com/usingbarchatdotcom

Watch this video and thank me later, but better than you will be joining our caucus group so that we can continue giving profitable trading ideas.

Thanking every contributor to this forum, especially our GO (Oakpeal) for making us have the whole world opened to us to look for profitable opportunities

HOW TO GROW YOUR ACCOUNT WHEN YOUR BROKER CHARGES UP TO 1% COMMISSION PER TRADE PART 1- To Be Continued latter
For Nigeria based platforms, the phone best commission rate you can get is 1% and this is from Chaka, other Nigeria platform charges higher. But this should not be a deterrent if we want to start investing in the US stock market. One thing I love about Chaka is that you can buy stock even if you have 0.20 dollar in your account, buy you need $10 initial deposit.
1) start with dividend paying stocks, as a newbie you may not last in the market of you start with penny stocks. If you buy QDTE on coming Monday, by Friday you will start receiving dividend and this dividend will be paid every week. This is an easy way of compounding your account

2) Since commission for in and out trade will be about 3%, you need to take high probability trade that will give you at least 4% gain minimum. For now you can look at Chinese/Uranium stocks. I will mention one NXE (still have room to go, you should give room for gyration of about 30%),

To get gist like this and more, you can join our caucus group, all that is needed is just a small token, which you will recover in no time based on the trading ideas we will be fishing out to you ever trading day.

IF I HAVE MY WAY, I WANT TO MOVE ALL MY ACCOUNTS TO ZERO COMMISSION BROKER
Having a broker with zero commission makes trading fun. I can do with small gains.

With our Nigerian platforms, the commissions are high (but they are justified due to the operating environment and probably fewer Customer base), imaging the likes of Tradezero that can attract Customers in Brazil, India etc. I am sure the likes of Chaka, Trove will find it difficult to attract Customers that are not of Nigeria origin!!!

Today is another good day in the market.

If you are good in fundamentals and do not know technicals, you may not do well in this market. Why, you are in competition with others that are mostly using technical analysis or a mix of both technical analysis and fundamentals. The solution is that by fire by force yoo need technical analysis.

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 18 OCTOBER 2024

We can say buying Chinese stocks today is buying pullback, so we should go for the top of the pack (list for subscribers only). For example, Gold, REITS, Blockchain, Tech should be winners in the Medium timeframe and we may add Chinese stocks too.

Happy Friday to all and very cool weekend.

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 17 OCTOBER 2024
International market is fairly stable, both commodities and stocks are still bullish medium timeframe. But note that there can be volatility as Consumer sales data will be released/employment related data.

This is the place to be to make money (but it is gradual), The nuclear industry sector is among the best place to be in the medium timeframe. Also, it seems AI noise is back again. On nuclear stock to buy, it look like any of them should be okay, but in our caucus we mentioned one, which was chosen on the basis of our technical indicator (it has lower risk compared with others), at lease that is what our chart says.

Wishing all profitable investing.

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 16 OCTOBER 2024
Things are still tight in the market, going for strong stock is vital, plus some touch of fundamental analysis (just basic economics, the technical should still be our guide for entry), for example, Gold, Reits, Blockchain, Tech should be winners in the Medium timeframe and we may add Chinese stocks too.

Out recommended stock today is ZIM

MONEY247:
For day trading....
Would be shorting Walt Disney
And Google stocks.....

When you see ideas from faces that are not frequent here, please check their post and see where their area of concentration is. You take ideas like this at your own peril

MONEY247:
For day trading....
Would be shorting Walt Disney
And Google stocks.....

How!!! Please let us stop jokes here. Ideas like this looks absurd!!!

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 15 OCTOBER 2024

For the US market it seems tech has taken over the leadership with strong trend, favouring the semiconductor industry among others.
,

Our stock for the day is any strong stock in the semiconductor/related industry:

HAVING A BROKER WITH ZERO COMMISSION RATE IS FANTASTIC
Whoever started zero commission deserves a Nobel Prize award. It is a good weapon to making us profitable. In our caucus we shared something, nothing new, we are acting on one of me last posts, we ported to Bitcoin side, financial stocks are still good. There is a cheap Brazilian stock that Buffet is involved,that stock should be in our watchlist!!!

WE NEED TO KNOW HOW TO MANAGE THE FISH WE ARE GIVEN- ASSUMING WE WERE GIVEN FISH
I am a little worried of recommending trades!!! Why this?

The reason for this is that once you are in a trade (whether recommended for you, or your own idea; you need an indicator that will tell you when the idea will not work or when you should go for a better opportunity. For example, I recommended (I even bought the ETF) NUGT [/b]. However, I sold the ETF and moved to a blockchain stock in our watchlist. Equally for keen follower here our [b]GO (Oakpeal) recommended RUN, I bought it and I made my small profit and exit on the 3rd day.

Solution here is that we need to have indicator that resonate with our personality, but this involves many trials of various indicators. Even with indicators things may still be difficult (we are like sportsmen, we must have a coach or mentor). The market is ruthless, for example despite the recent gains in Chinese stocks, those that bought at high prices are still in big losing positions, so that should be a practical lesson that we should take small losses, I have taken too losses recently, buy because they were small, I cannot even remember I suffered ant loss as my overall portfolio is still better.

Look for more insights on our practical trading experience, we trade with our money at Target Technical Analysis and buy most of what we recommend, so if our recommendations are not working, we know and we will work at getting better. Our caucus members knows that this day our messages are short, but final result is better than when we write long messages

wishing everybody happy weekend (I have not look at our trading account for today, why, our portfolios are safe and nothing to worry about and come Monday we will do the needful, either to sell or buy). For example on Monday, the stimulus package from China will give more clarity (fear here is that that plan is just too much and people are afraid if the Government can really implement it, it is like too good to be true, to put money in every Citizen's pocket, tell the bank to give loan to people to buy shares, Government to give loans to stockbrokers/Investment Funds to buy stocks, soft loan for businesses? Let see what Chinese stock will do on Monday, will Government proceed as planned of they will step back on the initial plan that got the world to start rushing to China?

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 11 OCTOBER 2024
We just need to have some positions in commodities, METALS,OIL are up.

The market is relatively calm. Our stock need to have some defensive quality. Chinese stocks are still in play. We bought NUGT yesterday

Industry wise, the banking stocks are doing well

Next week, we will give a website where 20% of the technical analysis has been done for you. We will share the site with picks, plus our own selection after modifying with our own internal indicator. First for our caucus members and later for everybody (sorry for this, it is the sponsorship by the Caucus that is making us to still be relevant and useful, therefore we must satisfy our Caucus members first,but everybody is invited )

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 10 OCTOBER 2024
Today the Chinese stocks are making a comeback, regional banks are equally good.

This is the forum to be. I have abandoned other websites for this place, there is money here.

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 9 OCTOBER 2024

This is part of what we shared in our cause today.

Market in quiet mode, for Chinese stock we wait till late Friday for probably pullback to buy against Monday, when stimulus package implementation dates would have been announced. So today we are looking to take profit. For our investment in HUYA, once market opens, we can sell if we want to $1 dividend per share is in our pocket by then (today is exdiv date).

Generally today will open low, but later in the day, market will likely become more positive. Reason is the expected FOMC meeting minutes.

We added a new information section exposing new websites we can use for stock research. Our website for today is sent below

Our website of reference today (shows stocks and ETF paying dividend on particular dates) is: https://snowball-we/ex-dividend-calendar/us-div-etfs.

If we do not want to pay for Knowledge, market will take more money than what we will pay to acquire knowledge. If this is not true, just ask yourself where are the people that started this forum with us?

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 8 OCTOBER 2024

Today Chinese stocks want to take some rest.

THIS PLACE IS COOL
Market is making us to smile, sorry for those that do not understand how to get stimulus package from here. So like Aki and Pawpaw have pack their load to get and get stilmulus from China, their dressing showed how Nigeria is treating common man at the moment!!! (Sorry I will remove be the picture later, it is possible bad, after stimulus, from China trip will check how they will look)

We are optimistic about China, the Government there is putting money in everybody's pocket.

So like it use to happen on Nairaland, you if I see any stock, recommendation, I will say "let me go and check something". Just like the stock posted by my go, ALTM, I have check something there, it has some China connection (China consumes most natural resources, as so the stock should be good).

And for our forum, we are bullish about one stock that sound like "SUYA", that is what I just added to my position today.This stock is real SUYA and it like the paragraph above we have checked and confirm that it has Chinese connection.

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 7 OCTOBER 2024
Today many dead stocks (like PHUN, etc) are about to resurrect. This is good for the penny stock lovers and will probably extend to the general market, maybe blockchain stock inclusive.

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 4 OCTOBER 2024
Labour report is likely to be below or just meeting the consensus figure. This will translate to more rate cut expectations.

Our focus is back to Chinese stocks and we expect a bullish day.

Megapower:
No, this not what I am asking about
I can see these information when I login into my account
In Naija brokerage website you can see lists of offer vs bid in real time and values of each bid and offer
That’s what I am asking
Thanks

Google level 2 quotes and DOM (depth of market) quotes. See if you are able to get what you want. I know this is available. If you were not able to get it, then I will check "trading plan blueprint" and post the site

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 3 OCTOBER 2024
Market May Retrace Today
Medium term, uptrend holds, so we should just remain in our trades, except when our stop takes us out.
Some important labour reports are due in the market, but it is a case of head or tail, the bulls are winning (labour report is bad, Fed will do more rate cut, labour report is good economy is improving: seems like some confusion is here!!!)

CHINESE STOCK HAVE STARTED PRE-MARKET
Below is a sample, for us this is a low quality stock (we will never recommend this to our caucus members, you can buy at your own risk). So if low quality is moving what will the real stocks do.

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 2 OCTOBER 2024
Today will be a day Chinese stock will some dumbfounding move in the market. So, if you are not in already, you may need to wait for pullback, as 20% may be common gain in may of the stocks. But we have one stock that has not joined the rally, but will join soon (our caucus has the ticked),

Oil will have a good day too: [b]HESM [/b]is a good candidate here.

Happy day to all.

Market Retracing
Let us keep our calm. As at the time of writing some stocks are recovering,we should let our stop loss do it job.

For our caucus members, that our Chinese stock is still okay. Remember part of our target is to collect that dividend, around 20% yield. So nothing to lose. We can still add more to this particular stock.