₦airaland Forum

WE NEED TO START TROLLING THESE OUR TRADING APPS
As we get better in this market. We need to start r trolling theses our APPS to ensure that if anything is going wrong we can know and call them to order.

For all of them I will like to see if they have a real office (not just an online office) and have real people there (not a bunch of interns) . This is where I am more comfortable with Chaka at least the founders have been in stock trading business in the local scene for a long time. For anybody that cares, you can trail whom one of the founders of Trove is, what was he doing before? However, with trove, once the shares you bought are are in your account, your main Stockbroker is Drivewealth, your shares are safe with them (I just reconfirmed yesterday and I again got confirmation with some of my monthly dividend landing in my account this morning). These APPs need to take us serious, we own our money, we can move our money to APPs or institutions that care and recognise us as a stakeholder in their business: if you have issues in any area that will affect us as Customers we need to be informed, guilty of this behaviour on my side are Trove (No.1) and Passfolio and when you as ask they just keep mum behaving like deaf and dump

I will continue on this later as we need to dispatch this morning report to subscribers. Today looks deceptive again thing will look bullish beforearket open, and the resume downtrend when market opens, so we have to be careful (for now the good trend is down). Any upmove today should be liken to "eating just one heavy mean cannot make a person fat" I hope we get my logic.

Also the stress test for these APPS will be resumed, and if any of them is doing smesme (sorry I cant remeber the Trurench for this, but means if they are behaving in an uncare attitude, I will inform the form).

Let us all have a good day. Our shares are safe as long as we have seen them in our portfolios, and we should do some due diligence on our brokers to reinforce our confidence. And we pray the likes of Robinhood, Welbull, Tiger, Etoro etc start accepting Nigeria or have a rep office in Nigeria. We just need some quality in service delivery. The opportunity for these brokers are there, and I am sure more peopela are waiting to trade us stocks.

DUMPED BBBY- I NOP DEY GO AGAIN - SWITCH TO TWM & TLRY
What happened today is why I tell people to at least have a system. If I give you list of stocks to buy, there are days that the market can change suddenly like today and this may invalidate some of the recommendations.

Nevertheless, we march on today. But we could not go full blast (in front of the bear!!!, so we kept some cash at hand.

The lesson I have learnt is that there are more traders in the market these days compared with those Warren Buffet days, so if you want to be Warren Buffet you may wish to wind back the hand of the clock.. And those that will see a stock going high and say can I still buy "Okay, you may buy, when the person that gave the signal is already preparing to cash out? Solution get a trading system. For those that contracted me and I gave them Youtube videos to watch for particular indicators so that at least they can have an introduction to what a simple trading system look like. These Youtube videos are just the begining, they are not the end; You still need a good trading system plus necessary websites to get reliable news and a mentor to show you some other necessary things. So continue to follow my postings.

THERE ARE DAYS YOU RESPECT THE MARKET- DO NOTHING
For today if we fail to see good opportunity, we will wait!!!

WITH BBBY I AM SINGING CARRY DE GO, CARRY DE GO DE GO
Bullish market is good, I am enjoying this ride. For those that bought higher, sorry Oooo :as soon as I reach 20 something, I can get down from the bus.

For today, Gold sector is a dangerous play, the small cap Chinese stocks are looking good. In this market we have to be nimble and avoid buying at extremely overbought positions, especially for the oil stocks (buy pullbacks only).

b]WITH BBBY I AM SINGING CARRY DE GO, CARRY DE GO DE GO[/b]
Bullish market is good, I am enjoying this ride. For those that bought higher, sorry Oooo :as soon as I reach 20 something, I can get down from the bus.

For today, Gold sector is a dangerous play, the small cap Chinese stocks are looking good. In this market we have to be nimble and avoid buying at extremely overbought positions, especially for the oil stocks (buy pullbacks only).

STOCK SIGNALS FOR 30 AUG 2022
Nigeria All Share Index still in a range, this market need a big catalyst. The bearish trend is becoming boring and gives a lot of concern. We should continue to exercise extreme caution at this stage. For stocks that are falling, getting a support that will hold immediately price hits that support may be a mirage.

We have no pick for the day, no stock has any outstanding quality of showing an uptrend at the moment.

*STOCKS WITH STABLE PRICES*:FCMB, DANGSUG,........ , FBNH, xxxxxx, xxxx XXXX,.........

Scanning the market this morning, so many stocks are still showing tendency to go down further. Thus, I can see why the forum is quiet and I can feel for those who have suffered losses in this market. This is a period we have to endure!!!

CAN SOMEBODY CONFIRM THE PRICE FOR DENISON (DNN) ON TROVE?
The we should check the price on yahoo.com.

Attched is what I am seeing on my platform just as at tome of this post. Did the platform send message of experiencing problem?

Correct postion should show stock gained over 10% just now!!!

Just like my Ghanian friend will say, for these platforms that misbehave, we should "advice ourself". All these mushroom brokers better merge and become one entity, all the 3 as one entity will still be small, but at least the service should improve. The good thing is that your shares are held with a major broker "drivewealth or on the exchange". I will not say much again.

This platform can make us miss opportunities, if I want to buy this stock now, will my order ever be executed? The people should respond. At least I saw Passfolio responded to some issues recently?

CAN SOMEBODY CONFIRM THE PRICE FOR DENISON (DNN) ON TROVE?
The we should check the price on yahoo.com.

Attched is what I am seeing on my platform just as at tome of this post. Did the platform send message of experiencing problem?

Correct postion should show stock gained over 10% just now!!!

WE NEED TO TAKE OUR TRADING TO THE NEXT LEVEL
Trading is like a business. We need to spend money to get our tools and time. If we do not have the time, we should get stock picks from a good source.

After so much review, and going through some list of stocks over the weekend, our Nigeria based app can be classed as 2nd class, but it as as if this is the best they can be for now. So I am loading my Trove account with small cash (they said the minimum you need to trade is just like NGN7000 (Seven Thousand Naira only), I agree with them. So for low profile trading, Nigeria app are okay (they score 35% over 100%, the other deficiency you as a trader will make it up, for example I will confirm correct real time prices on Passfolio while Iam trading a stock on Trove or Chaka, that is just it no story and no sobbing), and when we become big we know where to go. If it is before we will be writing to to them add this stock, add that stock. But for now, whatever, they have we trade, we know rgeot category?

Let us just accept them as necessary evil and in the light of patriotism. If they improve fine, if not let them continue. But they cannot slow down our effort to improve on our trading and making our accounts bigger

JACKSON HOLE? AFTER POWEL DELIVERY JACKSON HOLE OPENED UP AND SWALLOW THE BULLS
we are hedging our portfolio by betting on the sell side. Our pick is BITI. If not on your platform please DM me and I tell you where to get it. Energy stocks are getting hot again, this time they may have taken some energy dribk, so we expect them to run for a few days.

*STOCK SIGNALS FOR 29 AUG 2022 (NIGERIA PLUS GLOBAL PICKS) .*
Nigeria All Share Index will likely continue in range trading with only small price movement. Sentiment is telling us that the small up move will still be maintained expecially with oil price rising this morning (Saudis planning how to use the windfall from recent rising oil price and ensure it is not wasted , but for Nigeria, did we see any windfall!!!).

The bulk of the stocks in the market are in the stable/ waiting zone, so some are likely to see small recovery as usual.

Our stock pick for today is *XXXX*for Nigeria side (close above XXXX is another area for us to accumulate small quantity again).

*STOCKS WITH STABLE PRICES*:FCMB, NAHCO, XXXX , XXXX at a demand zone, may see small bounce), GLAXO, XXXX (likely to see some stability at current zone), XXXX, BUAFOOD(I may softpedal on a stock like this, may not be popular with the big funds, less than 5yrs in the

*WAIT NOT YET IN BUYING ZONE* :XXXX, NB (watch, in demand area may experience a bounce), XXXX, REDSTAR, XXXX (may buy small quantity around XXXX to Bleep fairy strong support points), ........

*STOCKS IN DOWNTREND* :ACCESS, XXXXX, BUACEM, XXXX, XXXX (look for support, Bleep)..........

*STOCKS RETRACING FROM RECENT HIGH* : AIRTEL, VITAFOAM. ZENITH

For global market, inflation and energy shortage has now taken the central stage (seems US us yet to conquer, the rising oil price, to the extent that Country is now telling the oil companies to start limiting export!!!), the effect of this is that inflation may still have some time to run: the best reprieve may only come if Russia and Ukraine stop the war (we fold our arms). So here oil is up, Gold down and market likely to open bearish.

Happy new week to all.

WHERE ARE THE OWNERS OF THIS HOUSE
Although I am a part owner too!!!

WHAT DID WE BUY TODAY
Return of our capital is more important than return on our capital. This is a trade that aligns with fundamentals and technical screening. URA

THERE IS EASY MONEY IN THE MARKET TODAY
please if you are not trading, sit down and look at the charts an average trade today should vomit cash, you may want to posh aside Oli and gas today and don't face the funds by going directly on the indices (Jackson hole is friday use guerilla trading system, check my 2 last posts for focus industries).

Thanks.

OUR STARTEGY IS 1ST TO REDUCE OUR RISK TO ENSURE LONGEVITY IN THIS MARKET!!!
One of our picks for today is "GNK", strong support plus bearish divergence (telling us move yo the upside will come soon).

TARGET STOCK SIGNALS FOR 24 AUG 2022_ THIS IS EXTRACT OF OUR MESSAGE TO OUR SUBSCRIBERS TODAY
The all share index still tilts more to the selling side, more stocks are showing some big seller showing up or some people just want to get out of the market. Thus we still need caution in our buys, not a time to take high risk.

STOCKS WITH STABLE PRICES : XXXX , DANGCEM (temp support @ 243), XXXX............

WAIT : ACCESS, XXXXX, CUSTODIAN, CONOIL, XXXX, OANDO (showing lower low), XXXX,..........

STOCKS RETRACING FROM RECENT HIGH : BUAFOOD, CADBURY, XXXXXX, XXXX , XXXX , XXXXX (big seller around),...........

STOCKS IN DOWNTREND : XXXX , AFRIPRUD, AIRTEL, FLOUR MILLS (big seller around), XXXXX, XXXXXX, NASCON (big seller around)..........

The Global market still grappling with issue of inflation and recession. US market as this morning looking not too bearish as market awaits FED Chairman opinion on rate cut opinion

TARGET STOCK SIGNALS FOR 24 AUG 2022_ THIS IS EXTRACT OF OUR MESSAGE TO OUR SUBSCRIBERS TODAY
The all share index still tilts more to the selling side, more stocks are showing some big seller showing up or some people just want to get out of the market. Thus we still need cation in our buys, bit a time to take high risk.

STOCKS WITH STABLE PRICES : XXXX , DANGCEM (temp support @ 243), XXXX............

WAIT : ACCESS, XXXXX, CUSTODIAN, CONOIL, XXXX, OANDO (showing lower low), XXXX,..........

STOCKS RETRACING FROM RECENT HIGH : BUAFOOD, CADBURY, XXXXXX, XXXX , XXXX , XXXXX (big seller around),...........

STOCKS IN DOWNTREND : XXXX , AFRIPRUD, AIRTEL, FLOUR MILLS (big seller around), XXXXX, XXXXXX, NASCON (big seller around)..........

The Global market still grappling with issue of inflation and recession. US market as this morning looking not too bearish as market awaits FED Chairman opinion on rate cut opinion

[quote author=miss20 post=116000025]Good evening Everyone.
Please I don’t know what’s going on with Passfolio, my stock portfolio was above 900k now it’s saying my money is N1214.36
_______________________________________________
Try the web version. Actually Passfolio has been giving some challenges (on the trading plaform, there seems to be some issues they need to attend to) recently, but their response has always been to get an up to date APP, I have found the web version to be better than the APP.

So try the web version, I believe it will show the normal figure you are expecting.

MARKET WAS A LITTLE BIT CHALLENGING TODAY
Market was mixed today with a lot of confusion as to if bulls or bears are in control. Considering the fact that we do not want to gamble, today we held on to our cash. Our focus will be on Solar, Uranium, Biotechs and China.

Tommorrow is another day!!! He who fights and run away lives to fight another day

FOR THIS MORNING MARKET IS IN FAIRLY GOOD MOOD
Just looking at the market this morning, the meme stock plays may be back again.

Although I am yet to scan with our software, BBBY is now on our radar. Some fairly good quality low priced stocks are among early gainers.

If I am able to post later today, I will let the forum know what stock we will buy. We may exit our Gold short today with some profits either with stop or just sell to look for better opportunities.

We need to be more serious with our trading and think of how to build up our portfolio with stocks that pay dividends or are likely not to fall heavily when the [b][/b]market turns negative.

MARKET COMMENT 23 AUG 2022
Below is extract of our report to our members this morning. The report is to be considered in conjunction with our profit forcasts, temporary support levels and projected high and low prices.. We are happy that many investors, corporate entities are using our report (the price is so Cheap and you can beat other to the cheese of market profitability.

Market cyclical bear pattern in play. There is too much selling into support level by the smart MONEY. Today we show our expected low/high for today and the week for FBNH. Market bearish trend likely to continu.as stocks retracing are too many.

STOCKS WITH STABLE PRICES : WAPCO. Xxxx (we can buy small qty around Bleep), XXXXX (can buy small qty around Bleep), XXXX (not good for buying if above Bleep),............

WAIT: CONOIL, XXXX, Bleep , Bleep,............

STOCKS RETRACING IN PRICE: AIRTEL, XXXX, XXXXXX, ETI. XXXXX, ........ ,

[i]STOCKS IN DOWNTREND: [/i]ACCESS, XXXXX, NPFMCR, XXXXXX, XXXXX, .......... ,

If you are not using our reports, you are missing opportunities to either make money or prevent yourself from suffering losses in the market. And like we always emphasized, this report is for our usage first, so the less people that have it. the better for our members and really we want to ensure that it does not circulate too much

F[b]UNDED MY CHAKA WALLET FOR TRADING PENNY/LOW PRICED STOCKS TRADING[/b]
Looking at how the money was calculated from the local wallet to global wallet figures, I was scared, we need to be serious. If we are able to make money here and then withdraw to our local wallet, it will make some sense.

For those who are looking for free ideas, there is a limit to what can be free, it cost money to get a good trading software, plus constant internet connection and the fact that we can make money with our system makes selling of our system a secondary consideration. The subscription service we are doing is even at a promo price.

Nobody likes a bearish market, but there must be a buyer for every selling.

Today we are pitching our tent on the bearish side, on our radar are the likes of TWM, TZA

STOP LOSING MONEY IN THE MARKET, JOIN OUR STOCK SIGNAL SERVICE AND GET SIGNALS FOR : GLOBAL STOCKS, NIGERIA STOCKS AND BLOCKCHAIN PRODUCTS ETC. SEND "SIGNAL" TO WHATSAPP +2348023054935

SOME PEOPLE DO NOT SWEAT IN THE MARKET!!!
Members of our group do not swaet in the market. For those who says the market is not bearish, no problem. All that I know was that we sold INTBREW over NGN10, for those who are still holding INTBREW bought around NGN8 or above, is the market bullish or bearish?

For September earnings, our members already have some blueprint to work with. Below are some of the figures. If you like to have this plus some of our forecast, for tommorow we will distribute the expected high and low prices for the week (our members knows what to do with the figures as a guide to determining the expected weakness of the market).

To get our periodic profit and price forecast, text "SIGNAL" to whatsapp no. +2348023064935. You can also ask for clarification if necessary.

ThiagoKid:
Does VGSH has any future, anyone?

It has a future, but immediately it is likely to retrace.
I

Vectorr01:
Hey everyone, anyone with an idea of a very good trading volume screener. I have been looking for in a while to no avail.

Please I will appreciate recommendations.

One of the best volume indicators is OBV.

Everyone one can learn about important sentiment indicators on our book. And if you buy the book you gae an explanatory video plus access to ask us for trading opinion fir 2 weeks free.

Vectorr01:
Hey everyone, anyone with an idea of a very good trading volume screener. I have been looking for in a while to no avail.

Please I will appreciate recommendations.

One of the best volume indicators is OBV.

THIS MARKET IS UNDULLY RISKY AT THE MOMENT
This market want us to be very serious. As there are a lot of losses today, we need to keep our stops every tight. For our JDST position we will move up our stop to lock in some profits.

Again I will emphasis that trying to trade this market without a subscription service is dangerous. Don't us a toy gun to fight at the war front?

WHILE PEOPLE ARE SWEATING WAITING FOR THE SUPPORT OF THE FALLING PRICES- SOME PEOPLE ALREADY HAVE THE BLUEPRINT IN THEIR HAND
For our members these are some of the support levels we are looking at. We don't want to be sweating in the market everyday or risk our funds unecessarily.

Save yourself from the sweat/high blood pressure, get the full list of the likely support for some of theses stocks plus the updates and some other useful daily trading ideas.

TRADING IS LIKE A SPIRITUAL THING- IF YOU ARE DISCOMNNECTED YOU CANNOT TRADE WELL

Somehow got shaken by the missed opportunities (Passfolio made trading below $5 stocks a no go area) and my small losses recently.

However, today I have gotten over it and I bought[b] JDST[/b] today. We see how this will go. For me this is a high conviction trade.

Also, we have no option but to step up, so in line with this my minimum trade is now such that the minimum commission on passfolio will only be 1%. Trading smaller amounts will be moved to the plan B platforms. For these plan B platforms, we may still be able to manually monitor our portfolios on them as long as we have maybe just 5 stocks, or use them for buy and hold (buy and old will only pay us if we can get in at a market bottom, this is a difficult thing?)

Wishing all happy trading day today and for the rest of the week.

WE NEED TO LEARN TO PLAY LIKE THE BIG MONEY
An important rule of the game is keeping our losses small, thinking that every trade must end green is a recipe for disaster.

Okay let us see an example, if your old trade has lost like 80% (just like it is happening now in some stocks) , now your stock gains 40% today, you will be shocked that your cumulative loss will still be around 60% (once you have a loss above 30%, subsequent gain to recover become nearly unachievable or will take too long).

Best loss is around 8%, then our worst loss should be limited to 20 to 30%), I closed a trade yesterday for 12% loss and may still close more any moment from now (painful, but I am happy that aI have avoided big damage to my account). If we know we want to last long in this game, expecially in our part of the world when base currency for global trading is becoming more valuable everyday. losses above 20% should be avoided by all means we can achieve this by: avoid chasing stocks higher, starting thinking of exit when you see 8% 10% 12% 15% 20% losses, market has given you the opportunity to see that that your trade is a failed one: I equally use this to take profits if I see my highest profit % going down 5% 8% 10% I don't need an oracle to tell me that it is time to take my profit and excape.

Avoid big risk, if you have missed recent big gains do not worry, more opportunities will come. Actually I have missed some big gains in low cap stocks due to the new penal commission rate on Passfolio for stocks below $5, now I have no option but to come back to Trove or chaka (just to trade penny stocks Below $5, chosing between these 2 (plan B platforms for me is not easy, but Trove seems to have more penny stocks than chaka, at least my target stock is on Trove but not in chake, so will fund Trove account just for this reason).

So in trading like politics or business no permanent enemy or permanent friend.

I LIKE THE VIBE HAPPENING HERE
The market is showing some industries as easy to trade. Fir example the monkeypox plus sporadic Covid affecting prominent US figure is a catalyst.

Many stocks in the above sector will show up. For example for Marijuana, risk in buying CRON at the moment is small.