Am new here.. Please I would like to know how I can use Morgan Capital online platform to trade.

bigtt76:
How were you able to place sale order for a stock on two different brokers platform? Please teach me abeg :-
*

Thanks for this invaluable information. Many investors like me are not aware of dz hidden information that we can have more than 2 brokers.
No more dealing with all the egomaniac securities company like ARM, dy prefer waiting for foreign investors and overlook tiny portfolios.
It was stated under the FAQs o Morgan capital site dt we can use same clearing no and open a new one.
I pray Morgan sustains the tempo.
In few years,i see dm going. Places.
I v requested for an account opening already.
No more being taken for granted by common and proud companies dt always Post negative return on investors funds under d guise of global recession.

The Nigerian All Share Index fell for the second straight day on Thursday to 1.6%. The stock market snapped a 5 day losing streak on Tuesday after shedding a thumping 2.6%. Nairametrics had published an article a day earlier listing out possible events that could bring back the bears. It appears though that one or more of these events are already spooking investors.

Why the market is falling

Drop in Oil price – Crude oil prices fell to their lowest in 7 months on Tuesday as traders fear an increase in supplies around the world. Crude Oil Brent price fell to $45.62. It fell further on Thursday to about $44.82. The recently signed 2017 Budget included a crude oil price benchmark of $44.5 an increase from the $42.5 oil price benchmark submitted by the presidency. Investors have one eye on these prices and worry that it could drop further as Nigeria and Libya ramp up their crude oil output. OPEC struck a deal to cut output effective next month but excluded Nigeria and Libya from cuts. A further drop in price could negatively impact on the country’s revenue projections for 2017.

External reserves – Nigeria’s recent external reserve position is also thought to have spooked some investors. Our reserves have fallen from about $30.9 billion in May 2017 to just above $30.2 billion as at June 21, 2017. A further drop in the external reserve position could trigger another round of depreciation of the Naira. Some analysts also opine that this may have contributed to the increase in OMO auctions embarked upon by the CBN. The CBN has been mopping up liquidity in the financial system believing that the fewer naira we have chasing dollars the better it is for our exchange rate management.

Etisalat – The latest exit of Etisalat UAE due to its failure to meet the obligations of a $1.2 billion loan deal may have also spooked investors. The 13 banks listed as obligors are some of Nigeria’s largest banks. Shares of GTB, Zenith, Access Bank all fell on Thursday.


Nigeria’s external debt profile – Investors are also somewhat spooked by the rising debt profile in Nigeria. The Federal Government has steadily increased local borrowings since 2015 owing the banking sector a combined N4.6 trillion. It also owes the Central Bank of Nigeria another N6.5 trillion. According to the DMO, Nigeria’s external loans were $13.8 billion as at March 31, 2017. In fact, in dollar terms Nigeria’s total public debt is estimated at about $62.8 billion.

While some of these concerns are valid, it may not at this stage materially cause a capital market crash, such as the one witnessed between 2014 – 2016. However, we still maintain that if a combination of the events listed in our Tuesday article does occur, we may be in for another long bearish run.

bigtt76:
How were you able to place sale order for a stock on two different brokers platform? Please teach me abeg

I think it is not that he placed order on the same stock he has with INVESTMENT ONE on Morgan platform
But
Maybe he has certain quanty of same stoch with both brokers and he placed order to sale both
I may be wrong ooo, Ukay2 nobeso?

soloniger:
I think it is not that he placed order on the same stock he has with INVESTMENT ONE on Morgan platform
But
Maybe he has certain quanty of same stoch with both brokers and he placed order to sale both
I may be wrong ooo, Ukay2 nobeso?

Your quite very Right

I use ARM though and no issues whatsoever except that they delay in executing a buy request sometimes.

Connection2017:

Thanks for this invaluable information. Many investors like me are not aware of dz hidden information that we can have more than 2 brokers.
No more dealing with all the egomaniac securities company like ARM, dy prefer waiting for foreign investors and overlook tiny portfolios.
It was stated under the FAQs o Morgan capital site dt we can use same clearing no and open a new one.
I pray Morgan sustains the tempo.
In few years,i see dm going. Places.
I v requested for an account opening already.
No more being taken for granted by common and proud companies dt always Post negative return on investors funds under d guise of global recession.

lancee:



Its possible sir , na just over 60m Naira if am correct @ 6.08

People dey handle money here ooo.... Over sixty million na just you use qualify am..... Evans friends dey watch una sha

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/18510_CONOIL_PLC_-_Q1_MARCH_2017_FINANCIAL_STATEMENTS_JUNE_2017.pdf

CURRENTPRICE always on point!

Connection2017:

Thanks for this invaluable information. Many investors like me are not aware of dz hidden information that we can have more than 2 brokers.
No more dealing with all the egomaniac securities company like ARM, dy prefer waiting for foreign investors and overlook tiny portfolios.
It was stated under the FAQs o Morgan capital site dt we can use same clearing no and open a new one.
I pray Morgan sustains the tempo.
In few years,i see dm going. Places.
I v requested for an account opening already.
No more being taken for granted by common and proud companies dt always Post negative return on investors funds under d guise of global recession.

Please what is your issue with ARM Securities as I want to open an account with them.

BullBearMkt:

...correct. Over 25% of Impulse wave 3 has already been reversed

.

Thank you chief

i am trying to keep my eyes on the macro so as to use it as the northern star for the micro

thank you once again

ihedioramma:
But is it working well now? .

CSCS didn't send me any text for all the transactions I carried out since last Friday.

Oil prices have hit a very rough patch, once again, down just over 20 percent since January.
Oversupply has caused a global glut relapse, with various regional markets swamped with crude oil, ranging from the Atlantic Basin to the North Sea to Singapore.
The market is so oversupplied and worried about this condition persisting that it is ignoring, almost completely, the red hot geopolitical situation in the Middle East.

http://www.cnbc.com/2017/06/22/oil-prices-could-drop-into-the-30s-kilduff-commentary.html

If you are able to recoup 50% of your capital pull it and run as fast as your legs can carry you because some stocks will still lose over 90% in value.

The pumping era is gone we are now in dumping era.

In addition Oil is fast heading to sub $30 per barrel don't say you were not warned.

*ThE OcToPuS*

PETERiCHY:
Oil prices have hit a very rough patch, once again, down just over 20 percent since January.
Oversupply has caused a global glut relapse, with various regional markets swamped with crude oil, ranging from the Atlantic Basin to the North Sea to Singapore.
The market is so oversupplied and worried about this condition persisting that it is ignoring, almost completely, the red hot geopolitical situation in the Middle East.

http://www.cnbc.com/2017/06/22/oil-prices-could-drop-into-the-30s-kilduff-commentary.html

If you are able to recoup 50% of your capital pull it and run as fast as your legs can carry you because some stocks will still lose over 90% in value.

The pumping era is gone we are now in dumping era.

In addition Oil is fast heading to sub $30 per barrel don't say you were not

*ThE OcToPuS*

When the lion roars, it is intended to frighten the feeble hearted so as to devour innocent creatures

NSE should have developed shorting of stocks by now.
This country is so outdated!

Anyone with Premkt outlook

Zhirinovsky:
NSE should have developed shorting of stocks by now.
This country is so outdated!

WTF. Really ? I will stick to american stocks

I am beginning to wonder why those by the name peter talk more than they can handle. It reminds me of Ayodele Peter fayose and our peterichy . can they just shut up for once and be reasonable? Peterichy u have never made any reasonable contributions here since I joined this forum. All you do is put fear in the mind of innocent investors . have u of sat down to think that there are other good ways to persuade people to listen to u and also calm their nerves from panicking ?you are doing more harm than good to some of the people who listens to you . you were there lazying about ,talking about the stock market downturns and the bull took u unawares. I beg make u dey give yourself sense. People like us will never listen to u even if what u are saying it true cos you don't know how to talk. So if u have children this is how u yell at them always? I pity you

PETERiCHY:
Oil prices have hit a very rough patch, once again, down just over 20 percent since January.
Oversupply has caused a global glut relapse, with various regional markets swamped with crude oil, ranging from the Atlantic Basin to the North Sea to Singapore.
The market is so oversupplied and worried about this condition persisting that it is ignoring, almost completely, the red hot geopolitical situation in the Middle East.

http://www.cnbc.com/2017/06/22/oil-prices-could-drop-into-the-30s-kilduff-commentary.html

If you are able to recoup 50% of your capital pull it and run as fast as your legs can carry you because some stocks will still lose over 90% in value.

The pumping era is gone we are now in dumping era.

In addition Oil is fast heading to sub $30 per barrel don't say you were not warned.

*ThE OcToPuS*

Oil futures still going strong....

https://www.bloomberg.com/energy

Dumexoga:
I am beginning to wonder why those by the name peter talk more than they can handle. It reminds me of Ayodele Peter fayose and our peterichy . can they just shut up for once and be reasonable? Peterichy u have never made any reasonable contributions here since I joined this forum. All you do is put fear in the mind of innocent investors . have u of sat down to think that there are other good ways to persuade people to listen to u and also calm their nerves from panicking ?you are doing more harm than good to some of the people who listens to you . you were there lazying about ,talking about the stock market downturns and the bull took u unawares. I beg make u dey give yourself sense. People like us will never listen to u even if what u are saying it true cos you don't know how to talk. So if u have children this is how u yell at them always? I pity you

On point sir

Na so we see am o.
The most painful is that NSE stocks are more southbound than northbound. The ratio is more than 4:1

wickyyolo:


WTF. Really ? I will stick to american stocks

Pull back continues
Fear is far more powerful than greed , prices fall faster than they rise .
We have to be patient with the bearish pull back and let dem do their work so we can get good entries.
This is just week 1 bearish pull back.

@Fxuser thanks for the livestock head up

fxuser:
Pull back continues
Fear is far more powerful than greed , prices fall faster than they rise .
We have to be patient with the bearish pull back and let dem do their work so we can get good entries.
This is just week 1 bearish pull back.

My brother abeg in the midst of this blood bath, which stock I fit buy now?

Do you think it is late to enter Neimeth bus?
Should I wait a bit to join UBA train?

Livestock
- further brk out
- prices opening higher

Dis:
taking some profit

Week1?

fxuser:
Pull back continues
Fear is far more powerful than greed , prices fall faster than they rise .
We have to be patient with the bearish pull back and let dem do their work so we can get good entries.
This is just week 1 bearish pull back.

woodcook:


My brother abeg in the midst of this blood bath, which stock I fit buy now?

Do you think it is late to enter Neimeth bus?
Should I wait a bit to join UBA train?

Neimeth
- my problem is the liquidity behaviour
- total volume traded weekly and monthly is very low
- be mindful of position sizing

When exiting a position, do so gradually inorder not to scare the market.

Zhirinovsky:
When exiting a position, do so gradually inorder not to scare the market.

it depends on how large your position is

woodcook:


My brother abeg in the midst of this blood bath, which stock I fit buy now?

Do you think it is late to enter Neimeth bus?
Should I wait a bit to join UBA train?

- most prices opened lower than yesterday close ! #very bearish sign
- let d bleeding take its full course , so we get good entry prices
- patience

Birds of same feather flocks together, from the look of things it's likely that MAY and BAKER, FIDSON & NEIMETH will converge at some point in time.