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Nigerian Stock Exchange Market Pick Alerts - Investment (2366) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 9:34am On Jun 09, 2017
DeRuggedProf:


Words on marble!
Growing with a well balanced and diversified portfolio is the best.
Wherever bulls follow, we trap them.
I still refuse to be bullish on NO GO AREAS even if they over run a cheetah.
Liquidity is key. I no longer swim naked (WITHIUT A TRAILING STOP) again, in case the swimming pool dries up suddenly without notice.
I prefer springing from a rock base than taking off on quicksand.... grin
I acquired an Emotionometer since the bulls took hold of the market.... grin

Profff
soo '' Wherever bulls follow, we trap them.'' GBAM loll
please send me one '' Emotionometer '' i beg
Anytime i get excited . i shut down , head to d gym or cinema.
No room for emotions i beg !


#StayObjective #StayWithTheTrend

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by BMZK: 9:35am On Jun 09, 2017
Chibuking81:
Please did anyone of us here who placed buying order yesterday through morgan capital stockbroker received alert?

They ask us to send our buy and sell mandate yesterday through our email, I sent mine and I believe many others do so, if truly they did not use our money to buy for themselves to make their own gain and return back our money when they sell, at least one person would have testify that they bought some certain stock for him/her yesterday.

I am yet to receive the contract purchase note email of the transactions i did on Wednesday the last day the portal was up. It will be a miracle for them to treat the manual offline deals of yesterday.
Re: Nigerian Stock Exchange Market Pick Alerts by bigtt76(f): 9:36am On Jun 09, 2017
CSL that I've been begging them to open an account for me and they're not minding me sef angry Very poor customer service experience on their side.


Chibuking81:

If so CSL stockbrokers are far better than them.

Morgan charge about .65% for buying and .85 for sell total = 1.5%

CSL STOCKBROKERS charges about 1.45% for buying and 1.55 for sell, total 3%
And they are highly reliable valuable than most stockbrokers they are subsidiary of FCMB and has the same office with the bank. They are also into real time online trading.
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 9:45am On Jun 09, 2017
BullBearMkt:
My People! It is very sad what clients of Morgan Capital Group has been experiencing since yesterday. I can understand why we have many complains on this platform. However, this does not call for tagging the company with "bad names". Without able to substantiate your claim, it is unethical to call the showdown of their login system - manipulative. We should be guided accordingly.
Let everyone angered by this unfortunate incident lodge his or her complain with the company and also with the regulatory body.
grin grin grin grin grin
I strongly believe that they use our money and shut us out from gaining access to our account, bro BullBearMkt infact this act is manipulation senior brother.
Ok you suggest we complain to them, the reply they will give, will be that of covering up their act.
I believe that they see and listen to our complains here.
They should better do something, before something will do them.
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 9:49am On Jun 09, 2017
Offensive & Defensive Tips

- Your entry signals are your offense
- Your trailing stops for winning trades are your defense for not losing your open profits.
- Letting a winner run is your offense, cutting your loser short is your defense.
- Buying a monster stock is an offensive move, planning on how you will exit with your profits is your defensive move.
- Identifying a trend is your offensive play while creating a trading plan on how to trade it is your defensive play.
- Your choice on what to trade is playing offense, choosing your position size is playing defense.
- Your watch list is playing offense choosing how much capital to risk on any one trade is playing defense.

In trading your wins are not permanent and your profits can be taken back, when you score you have to next ensure that you are not scored on. The goal of keeping your hard earned profits has to be far above the desire for making quick money with big risks.

link
http://www.newtraderu.com/2016/04/07/offensive-defensive-trading/

#NoteToSelf

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 9:58am On Jun 09, 2017
Chibuking81:

I strongly believe that they use our money and shut us out from gaining access to our account, bro BullBearMkt infact this act is manipulation senior brother.
Ok you suggest we complain to them, the reply they will give, will be that of covering up their act.
I believe that they see and listen to our complains here.
They should better do something, before something will do them.
...just thinking loud, if you strongly believe your money is being used for illicit trading, will calling them names on this platform change things in the future? I will rather first report them them to NSE and if nothing is done, take them to court to claim damages. If 1 person cannot, we can group ourselves together and take them to court, if there is any evidence.

That is why we continue to make "noise" in this country and nothing seem to change.
grin grin grin grin grin

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 10:02am On Jun 09, 2017
Chibuking81:

I strongly believe that they use our money and shut us out from gaining access to our account, bro BullBearMkt infact this act is manipulation senior brother.
Ok you suggest we complain to them, the reply they will give, will be that of covering up their act.
I believe that they see and listen to our complains here.
They should better do something, before something will do them.

I hope you don't concoct theories like this against people in real life grin It is a grave sin against God.....to make false accusations which you can't prove. Always give a benefit of doubt. What if you are wrong? You would have succeeded in unjustly tarnishing the image of your victim. False accusations,bearing false witnesses,spreading evil about an individual.......God hates passionately.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by holm: 10:08am On Jun 09, 2017
BullBearMkt:

...just thinking loud, if you strongly believe your money is being used for illicit trading, will calling them names on this platform change things in the future? I will rather first report them them to NSE and if nothing is done, take them to court to claim damages. If 1 person cannot, we can group ourselves together and take them to court, if there is any evidence.

That is why we continue to make "noise" in this country and nothing seem to change.
grin grin grin grin grin

Clients and Customers can be sued alike. We need to be careful not to grab "(legal) loss" from the position of strength. embarassed embarassed

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by larush: 10:10am On Jun 09, 2017
Chibuking81:

I strongly believe that they use our money and shut us out from gaining access to our account, bro BullBearMkt infact this act is manipulation senior brother.
Ok you suggest we complain to them, the reply they will give, will be that of covering up their act.
I believe that they see and listen to our complains here.
They should better do something, before something will do them.

This is most unfair and you know it. It is impossible for any stockbroking firm to use clients' money to trade themselves without NSE not getting to know and the consequences are dire. Its' called co-mingling. Even though i agree that they have a very weak communication system, you cannot accuse them of fraud just for the sake of it.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by gambei: 10:10am On Jun 09, 2017
BullBearMkt:

...just thinking loud, if you strongly believe your money is being used for illicit trading, will calling them names on this platform change things in the future? I will rather first report them them to NSE and if nothing is done, take them to court to claim damages. If 1 person cannot, we can group ourselves together and take them to court, if there is any evidence.

That is why we continue to make "noise" in this country and nothing seem to change.
grin grin grin grin grin
Manonamission:


I hope you don't concoct theories like this against people in real life grin It is a grave sin against God.....to make false accusations which you can't prove. Always give a benefit of doubt. What if you are wrong? You would have succeeded in unjustly tarnishing the image of your victim. False accusations,bearing false witnesses,spreading evil about an individual.......God hates passionately.
You guys are strongly defensive of morgan capital. are you in any way affiliated? Let my man vent...false or otherwise. conspiracy theories are allowed ... there is no smoke without fire.. this is nigeria

8 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by holm: 10:11am On Jun 09, 2017
Manonamission:


I hope you don't concoct theories like this against people in real life grin It is a grave sin against God.....to make false accusations which you can't prove. Always give a benefit of doubt. What if you are wrong? You would have succeeded in unjustly tarnishing the image of your victim. False accusations,bearing false witnesses,spreading evil about an individual.......God hates passionately.

Valid position here. Our almighty banks, sometimes experience glitches and tell customers, system down. We don't say, our money is being used for FX related tradings etc.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:12am On Jun 09, 2017
fxuser:
Offensive & Defensive Tips

- Your entry signals are your offense
- Your trailing stops for winning trades are your defense for not losing your open profits.
- Letting a winner run is your offense, cutting your loser short is your defense.
- Buying a monster stock is an offensive move, planning on how you will exit with your profits is your defensive move.
- Identifying a trend is your offensive play while creating a trading plan on how to trade it is your defensive play.
- Your choice on what to trade is playing offense, choosing your position size is playing defense.
- Your watch list is playing offense choosing how much capital to risk on any one trade is playing defense.

In trading your wins are not permanent and your profits can be taken back, when you score you have to next ensure that you are not scored on. The goal of keeping your hard earned profits has to be far above the desire for making quick money with big risks.

link
http://www.newtraderu.com/2016/04/07/offensive-defensive-trading/

#NoteToSelf

Very instructive.

- We have to allow the bulls run on our stocks and not on our emotions... grin
Re: Nigerian Stock Exchange Market Pick Alerts by holm: 10:13am On Jun 09, 2017
gambei:

You guys are strongly defensive of morgan capital. are you in any way affiliated? Let my man vent...false or otherwise. conspiracy theories are allowed ... there is no smoke without fire.. this is nigeria

You want them condemned for unverified claims. There are regulators that are waiting to investigate your claims and get you judgement. That is where to start from, not Nairaland.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 10:13am On Jun 09, 2017
OPEN BIDS -

FORTE
FBHN
DIAMOND
DANFLOUR

MAYBAKER
TRASCORP

Why is Skye Bank Opening on bid

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:13am On Jun 09, 2017
ACCESS comfortably sitting above N10
Re: Nigerian Stock Exchange Market Pick Alerts by Thunderlicious: 10:14am On Jun 09, 2017
Zhirinovsky:
What will it take to trade trade directly on the nse bypassing all these brokers?

You need to be a broker in order to bypass brokers and trade directly grin
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 10:16am On Jun 09, 2017
debeey87:


Which broker is this?

TRW Stockbrokers Ltd
Re: Nigerian Stock Exchange Market Pick Alerts by larush: 10:16am On Jun 09, 2017
gambei:

You guys are strongly defensive of morgan capital. are you in any way affiliated? Let my man vent...false or otherwise. conspiracy theories are allowed ... there is no smoke without fire.. this is nigeria

And you wonder why Nigeria is in a state of comatose, people just chill in the corner of their homes and contort obvious lies and fallacies to destroy others and you wonder why God is not answering your prayers. If you have any suspicion please report to the NSE and if you have any facts on wrong doing just spill it here. Its not fair my brother. Look we are all not happy with MorganCapital.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ExLaidback: 10:17am On Jun 09, 2017
Those of you defending Morgan Capital it is clear you've never really traded with them OR at least you're not doing so significantly right now.

The only reason why I'm still with them is their highly responsive platform - not even their yeye low charges. I left them briefly last year (during their suspension) and joined Meristem who by the way have way better customer service, but I had to go back due to the un-responsive and seemingly delayed nature of Meritrade.

No amount of accusation is too much for them because their sins are too many. I'm an IT person, so let me assure you that their excuse of technical glitch is hogwash. Only a very un-serious, and I mean very very un-serious private financial enterprise will suffer a technical glitch lasting days - especially at a time like this - escept of course they know something we don't. Even Nairaland I'm sure we can easily count how many times in a year it goes down.

If it's not their mails bouncing back, it's them not updating the account statements on time or making posting errors on account statements or refusing to pick calls, or refusing to effect cash withdrawals in a timely manner etc etc.

No one has been able to point me in the direction of another broker with a platform as responsive, interactive and real time as itrade. That's the only reason I'm still with them.

Anyway if by start of trade today they are not up, I'm withdrawing the cash I have there this morning and transferring it to another broker, I ain't missing this bull, rain or shine.

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:17am On Jun 09, 2017
Penny banks open higher along wt transcorp
#bullishness continues

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Zhirinovsky: 10:21am On Jun 09, 2017
What does it take to be a broker?
Thunderlicious:


You need to be a broker in order to bypass brokers and trade directly grin
Re: Nigerian Stock Exchange Market Pick Alerts by PharmAlfred: 10:22am On Jun 09, 2017
Guys pls kindly keep us posted with events in the market. Morgan Capital is so unreliable.

What is the current stand of Dangflour, Diamond, FBN, Transcorp, Conoil, FO

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by feelaaG: 10:22am On Jun 09, 2017
fxuser:
Penny banks open higher along wt transcorp
#bullishness continues

This whole bullishness don dey fear me self.... cheesy

anyway any 100% return must be sold! cool
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 10:22am On Jun 09, 2017
holm:


Valid position here. Our almighty banks, sometimes experience glitches and tell customers, system down. We don't say, our money is being used for FX related tradings etc.

Your head is there grin

System collapse happen every now and then. From NEPA, GSM, Banks, to the Internet. It's not an uncommon issue. Meristem had theirs a few days ago but were efficient enough to restore service asap.

Make una vent anger but don't propound theories that can't be substantiated. Even the human justice system will consider a thief caught in the act innocent until proven otherwise in the court of law. grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Thunderlicious: 10:24am On Jun 09, 2017
ukay2:
Anybody that has access to Morgan capital security management should advise them to open tomorrow morning for us to have access to our account balance or for withdrawal of my funds if they are not trading.....otherwise they will know some people are TROUBLE MAKERS. ..,.I will ensure I take it up with them to a LOGICAL Conclusion with SEC or to Supreme Court. ..This is very UNPROFESSIONAL

Let's join hands together and stop Morgan from these nonse attitudes. Let those that are affected send an email of SEC. They are very effective and will do something about this asap. I am sending my complaint to SEC right away.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ExLaidback: 10:25am On Jun 09, 2017
Look at now trading has started and those of us in Morgan are spectators while others make money yet their excuse for being down is very flimsy. More so they are not picking calls else I can easily withdraw some cash, credit another of my brokers and get into some trades.

Saying we should not complain on this thread when it is about issues relating to a broker is a very funny statement to make.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 10:25am On Jun 09, 2017
I can see stockbrokers talking and defending themselves.
Remember, there is God.
If you that is backing them have your money traped with them in this bullish period, I know you would have not been back them.
In develop countries one can easily sue them for waist of opportunies.
Re: Nigerian Stock Exchange Market Pick Alerts by gambei: 10:26am On Jun 09, 2017
larush:


And you wonder why Nigeria is in a state of comatose, people just chill in the corner of their homes and contort obvious lies and fallacies to destroy others and you wonder why God is not answering your prayers. If you have any suspicion please report to the NSE and if you have any facts on wrong doing just spill it here. Its not fair my brother. Look we are all not happy with MorganCapital.
holm:


You want them condemned for unverified claims. There are regulators that are waiting to investigate your claims and get you judgement. That is where to start from, not Nairaland.

Have you not been in a bank where the most irate customer gets attended to just because of his behaviour? Again this is Nigeria. Rants have their effects. Nobody likes controversy. And again my man is just alleging, it's not like he swore with a bible
Re: Nigerian Stock Exchange Market Pick Alerts by evilspirit: 10:26am On Jun 09, 2017
ExLaidback:
Look at now trading has started and those of us in Morgan are spectators while others make money yet their excuse for being down is very flimsy. More so they are not picking calls else I can easily withdraw some cash, credit another of my brokers and get into some trades.

Saying we should not complain on this thread when it is about issues relating to a broker is a very funny statement to make.


Morgan? they wont even process your withdrawal
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 10:27am On Jun 09, 2017
I can see stockbrokers talking and defending themselves.
Remember, there is God.
If you that is backing them have your money traped with them in this bullish period, I know you would have not been backing them.
In developed countries one can easily sue them for waste of opportunities.
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 10:30am On Jun 09, 2017
PharmAlfred:
Guys pls kindly keep us posted with events in the market. Morgan Capital is so unreliable.

What is the current stand of Dangflour, Diamond, FBN, Transcorp, Conoil, FO


Danflour- 1.72 million units on bid @N5.40 while offer is 758,396 units at average of 5.59
Diamond - 4.353million units on bid at best price of 1.41 while offer is 854,581 at minimum offer price of N1.49
FO is on bid
COnoil is on offer.
FBNH 13.26m on bid at highest price of N6.97 while offer is 11.865M units at minimum price of 6.99
Transcorp is on bid...Price is N1.52

7 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by taiwobaloo2002: 10:31am On Jun 09, 2017
Very reasonable critique of MorganCapital, i spoke with an insider and he informed me that the problem is from their host, i can't confirm that but if that's true i do not expect them to come out and say that.

My brother 0.25% is not a "yeye" low charges. They are a brave stockbroking firm but they need to get thier acts together. It could be dangerous for them.


ExLaidback:
Those of you defending Morgan Capital it is clear you've never really traded with them OR at least you're not doing so significantly right now.

The only reason why I'm still with them is their highly responsive platform - not even their yeye low charges. I left them briefly last year (during their suspension) and joined Meristem who by the way have way better customer service, but I had to go back due to the un-responsive and seemingly delayed nature of Meritrade.

No amount of accusation is too much for them because their sins are too many. I'm an IT person, so let me assure you that their excuse of technical glitch is hogwash. Only a very un-serious, and I mean very very un-serious private financial enterprise will suffer a technical glitch lasting days - especially at a time like this - escept of course they know something we don't. Even Nairaland I'm sure we can easily count how many times in a year it goes down.

If it's not their mails bouncing back, it's them not updating the account statements on time or making posting errors on account statements or refusing to pick calls, or refusing to effect cash withdrawals in a timely manner etc etc.

No one has been able to point me in the direction of another broker with a platform as responsive, interactive and real time as itrade. That's the only reason I'm still with them.

Anyway if by start of trade today they are not up, I'm withdrawing the cash I have there this morning and transferring it to another broker, I ain't missing this bull, rain or shine.

2 Likes

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