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CircleOfWilis:
as a newbie I no come understand wetin I dey see ooo

Please tell us what you are seeing. Today is a baptism of fire. We either get out if we find it too hot or we wait till the following day to see what will happen. If situation has not cahnged for the better? We either accept the losses or we sell and keep the cash till things are better.

Hi guys, Am 30 percent down in Amazon, should i cut my loss or wait. Is it likely to get worse?

Topson88:
Hi guys, Am 30 percent down in Amazon, should i cut my loss or wait. Is it likely to get worse?

It is good that stock opened positive today.

The support is indicated below. You can be trailing the support if price continues to move up. But if it closes lower than yesterday's closing price again, then there is problem.

Enjoy your day.

Greetings house,
Please can I fund my Passfolio account through local bank transfer?

cc yok,OakPearl,benedictuyi

Plus10:
Greetings house,
Please can I fund my Passfolio account through local bank transfer?

cc yok,OakPearl,benedictuyi

Yes, you can.

Passfolio gives you a unique account number to fund your account. Just ensure you're funding it from your own account

WE NEED TO HEDGE SOME OF OUR POSITIONS VIA INVERSE ETF IF WE CANNOT SHORT

Was a little surprised to see the early positive movements reversing again. My consolation were DUST, TRIP, VIXY which I just bought towards the close yesterday for the purpose of hedging my position in Gold and Oil related stocks. Fear in the market is on and may even be higher tomorrow. I believe the 2nd FED speaker for the day must have pressed an adverse button. The earlier speaker BOSTIC is coming back again to speak close to market close, let us see if he will reduce the tension against the big fear for tomorrow. Good thing is that CPI is before market opening. So once digested, the week will be normal depending on how the CPI figure is perceived by the market.

On a serious note, we need to enter into one of these hedges, if we are interested in this market.

The problem with Inverse ETF is that we need to monitor it and sell when things comes back to normal, as it just a short term protection.

In the process of search I even came across HDGE , which will go up when the market is going on (we may ignore the lower volume here), if we feel the bears will continue, HDGE should be in our portfolio. It is available on Passfolio.

benedictuyi:

Yes, you can.

Passfolio gives you a unique account number to fund your account. Just ensure you're funding it from your own account

Ok thanks ,how long does it normally take for the fund to reflect in one's account?

Plus10:

Ok thanks ,how long does it normally take for the fund to reflect in one's account?

Almost immediately if you funding after 12noon on business days

benedictuyi:

Almost immediately if you funding after 12noon on business days

Ok,thanks .

TODAY IS POINTING TO A LIKELY RECOVERY DAY FOR SOME LOSSE WE HAVE SUFFERED
The premarket below is telling us that we should expect some bullish moves. Note that I have cut off the usual low price stocks that are always at the top and show us some stocks that has at least some quality.

No matter what the market does, I will always be mindful of "the black swan days" (a day the market will do the unthinkable", Therefore, I will likely have these inverse stocks as an hedge, but as emphasized, I will be going in and out of them from time time to time. Also, personally I will avoid shorting the S & P 500 related inverse as much as possible (these are strong stocks that have withstood market shocks for a long time).

Happy trading day to all. I am loyal to this constituency to the core. For Nigeria stocks for our members (sorry, they are paying money, among the stocks were buying at the moment: DANGSUGAR, I cannot give all away free). If you are interested you can join us, rate is very cheap, less than $4/month. It is not for everybody please, only those who want to avoid making losses can join.

WHY WE NEED A TRADING SIGNAL SERVICE- SERVICE GIVING US MARKET DIRECTION/BUY SELL IDEAS
A trading signal service is like a coach to a sportsmen. The Coach tells you without attaching any emotion, what you should do.

Due to my writongs everyday, I realize that most of my writings most of the time are correct as confirmed by the market in a few days. The record is there on Twitter for confirmation.

In line with the above, we need to have that hedging in our portfolio, the market is so unpredictable at the moment, this can make someone mad and make you doubt if you realy want to do this trading /investing. Of a thing. Like as at time of this writing, Commodities are down, stocks are down, blockchain tokens are down even Chinese stocks are down (YANG - China inverse is in the early morning gainer list).

I believe the earlier we get a trading signal service the better. It will be like a stitch in time that may safe 9 in the future. . Just make sure the service is cost effective, this will give you some overview of the market. I remember. In early days of the forum someone said he subscribed to Motely fool service, this is good. Just subscribe to one that can give you service commensurate with the cost involve. I am sure your portfolio balance will thank you for it.

Below are the premamarket figures as at time of this message, as usual, I have cut off the low priced stocks on top.

Wishing all a good trading day. Let us not give up, but we need to preserve our capital. It is not compulsory that we trade everyday. At a time like tjis we need to slow down, have some few days to think of how we can make things better.

Topson88:
Hi guys, Am 30 percent down in Amazon, should i cut my loss or wait. Is it likely to get worse?

Hello, this is my first post on this group. I know a little on stocks.

Just an advice for the future, you should place a stop loss on stocks you buy.
It saves you from losing so much.
I lost about 30 % too, early this year and wished I had learned to use that feature.

Sherlock5577:


Hello, this is my first post on this group. I know a little on stocks.

Just an advice for the future, you should place a stop loss on stocks you buy.
It saves you from losing so much.
I lost about 30 % too, early this year and wished I had learned to use that feature.

That feature is not on basic Passfolio application......

CircleOfWilis:
That feature is not on basic Passfolio application......

it is available on passfolio. However, it does not work for fractional shares.
You will need to own complete shares

yok:
WHY WE NEED A TRADING SIGNAL SERVICE- SERVICE GIVING US MARKET DIRECTION/BUY SELL IDEAS
A trading signal service is like a coach to a sportsmen. The Coach tells you without attaching any emotion, what you should do.

Due to my writongs everyday, I realize that most of my writings most of the time are correct as confirmed by the market in a few days. The record is there on Twitter for confirmation.

In line with the above, we need to have that hedging in our portfolio, the market is so unpredictable at the moment, this can make someone mad and make you doubt if you realy want to do this trading /investing. Of a thing. Like as at time of this writing, Commodities are down, stocks are down, blockchain tokens are down even Chinese stocks are down (YANG - China inverse is in the early morning gainer list).

I believe the earlier we get a trading signal service the better. It will be like a stitch in time that may safe 9 in the future. . Just make sure the service is cost effective, this will give you some overview of the market. I remember. In early days of the forum someone said he subscribed to Motely fool service, this is good. Just subscribe to one that can give you service commensurate with the cost involve. I am sure your portfolio balance will thank you for it.

Below are the premamarket figures as at time of this message, as usual, I have cut off the low priced stocks on top.

Wishing all a good trading day. Let us not give up, but we need to preserve our capital. It is not compulsory that we trade everyday. At a time like tjis we need to slow down, have some few days to think of how we can make things better.

Boss,please what time does the US stock open for trade in Nigeria,can it be traded at any time?

Plus10:

Boss,please what time does the US stock open for trade in Nigeria,can it be traded at any time?

MARKET OPENING TIME IS [b]2 30PM TO 9PM NIGERIA TIME. [/b]When there is day time saving around September it will change to 3.30 to 10pm, and the revert back to 2 30 to 9pn arounf April.

You can only trade during the market opening hours. Generally it is better to trade when most traders are active as there is more volume and you get good fills.

yok:


MARKET OPENING TIME IS [b]2 30PM TO 9PM NIGERIA TIME. [/b]When there is day time saving around September it will change to 3.30 to 10pm, and the revert back to 2 30 to 9pn arounf April.

You can only trade during the market opening hours. Generally it is better to trade when most traders are active as there is more volume and you get good fills.

Thanks,I appreciate!

CircleOfWilis:
That feature is not on basic Passfolio application......

Oh, that's sad. I totally understand.

WHAT WILL THE MARKET DO TODAY?
Good news!. Market likely to make some recoveries. Blockchain stock/tokens are looking fantastic.

As usual below are some figures after market closure yesterday (which will still hold as at this morning.

Let us still thread softly, the bull may not be fully back. Also remember that FED person speaking again at 7pm Nigeria time. We hope this FED speaker will not come and spoil the market! There is no way any FED speech will shake the market again, as the fear has been somehow priced into the prices at the moment.

Have a green day and let us stay on the side of caution.

yok:
WHAT WILL THE MARKET DO TODAY?
Good news!. Market likely to make some recoveries. Blockchain stock/tokens are looking fantastic.

As usual below are some figures after market closure yesterday (which will still hold as at this morning.

Let us still thread softly, the bull may not be fully back. Also remember that FED person speaking again at 7pm Nigeria time. We hope this FED speaker will not come and spoil the market! There is no way any FED speech will shake the market again, as the fear has been somehow priced into the prices at the moment.

Have a green day and let us stay on the side of caution.

No news will change the direction market but only shake it for few minutes , so if u are sure if ur direction , I don't think u should fear of any speech and moreover, all the stocks are on a falling wedge , don't try catch the falling knife for now, my cent though and for only that have hears alone, wonderful weekend guyz

Please how can I fund my trading212 account since they are no longer accepting Nigerian cards.

Thinkthegame:
Please how can I fund my trading212 account since they are no longer accepting Nigerian cards.

Just forget about it

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.

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.

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.

TODAY EVERYTHING IN THE MARKET IS UPSIDE DOWN
Today the inverse ETFs seems to be in control of the market. But they are a difficult animal to trade. To trade them effectively, you need to catch them at the top or at the bottom.

Nevertheless, tommorow is another day?

Diversification will make us last in this market, despite the strong performance of Energy stocks, many of them were hit by the bearish arrows.

hello is this still available

Moscodee1990:
We are hiring flexible people aged 22-55. All you need is to work online anytime, anywhere to earn and withdraw extra income a daily . Kindly join us on WhatsApp to know how to apply
+23481 6613 5201

benedictuyi:

Yes, you can.

Passfolio gives you a unique account number to fund your account. Just ensure you're funding it from your own account

Is Passfollio a stock broker that one can use to buy foreign stocks?

yok:


MARKET OPENING TIME IS [b]2 30PM TO 9PM NIGERIA TIME. [/b]When there is day time saving around September it will change to 3.30 to 10pm, and the revert back to 2 30 to 9pn arounf April.

You can only trade during the market opening hours. Generally it is better to trade when most traders are active as there is more volume and you get good fills.

Thanks for the information.