RabbiDoracle:


Instead of correcting the guy, you dey throw Olumo rock at him.

@rationalmind, it is :

(21k - 65k)/ 65k = ~68% fall and not the 209% fall you wrote.

Wanted to argue but remembered the Kobo naira argument with mcy56 so I decided to go back to the basics and realised you were right.

Apparently, I've been mixing this up for a very long time. Thanks jare

RabbiDoracle:


Why?

That is when money will be made. You go sell your house and key into a good company and you will be warming up to go into retirement early.

Money will have to be lost before its made

rationalmind:


Wanted to argue but remembered the Kobo naira argument with mcy56 so I decided to go back to the basics and realised you were right.

Apparently, I've been mixing this up for a very long time. Thanks jare

Oga no worry we dey in the same category
Na old age and too many things to think about; one day I was trying to spell 'nonsense' I gave up after three attempts. Mi o le wa ku

Agbalowomeri:


Of course two weeks bull don do

One week is more than enough self. For this Buhari's government.

rationalmind:


Wanted to argue but remembered the Kobo naira argument with mcy56 so I decided to go back to the basics and realised you were right.

Apparently, I've been mixing this up for a very long time. Thanks jare

A RATIONALmind taking refuge in IRRATIONALITY for so long?
This is the way Peter calculates his gains on NSE, why expose him?

Agbalowomeri:


Oga no worry we dey in the same category
Na old age and too many things to think about; one day I was trying to spell 'nonsense' I gave up after three attempts. Mi o le wa ku

brandable:

Sir, does it means that long term investing no longer works/advisable. Am reading an investment book that was recommended here "101 investment lesson from the wizards of wall street, and most of the wall street wizards advice that investor invest for long term.

How long is long term? This can be eternity.

My dear, do anything im stock market that increases your networth.

You need to be patient with this market especially in buying. Buying determines the size of your gain and the margin of safety you will have enjoy.

I see no reason holding a stock that you saw giving you 400 to 600% gain and you say you want a ten bagger! This is where one needs to control that GREED.

Once I am satisfied with the level of my appreciation in the market, I don pass my Kaya to another person make e help me carry small. I jaaaaaaaaaaa with my money.

Long term is good but know when to exit.

Agbalowomeri:


Oga no worry we dey in the same category
Na old age and too many things to think about; one day I was trying to spell 'nonsense' I gave up after three attempts. Mi o le wa ku

...Mí ò lé párà mí...

Na álùbariká matter most

fxuser:


i'm tilted towards ur thinking also
a nice bounce before bearish continuation
wud be nice to be very wrong here

This market behaves like the militants abroad. Once they blast an area, people will rush in to help the injured. As more people enter, they will blast another one. More casualties & fatalities.

If you want to JIJO, your eyes should be on the second blast.

IchimokuPilot:


A RATIONALmind taking refuge in IRRATIONALITY for so long?
This is the way Peter calculates his gains on NSE, why expose him?

My brother, the thing don mess my spread sheet up anyhow, I just dey dash companies percentage increase/decrease anyhow

Had to do some quick calculations and thank goodness, not much damage was done to my stock valuation.

RabbiDoracle:


How long is long term? This can be eternity.

My dear, do anything im stock market that increases your networth.

You need to be patient with this market especially in buying. Buying determines the size of your gain and the margin of safety you will have enjoy.

I see no reason holding a stock that you saw giving you 400 to 600% gain and you say you want a ten bagger! This is where one needs to control that GREED.

Once I am satisfied with the level of my appreciation in the market, I don pass my Kaya to another person make e help me carry small. I jaaaaaaaaaaa with my money.

Long term is good but know when to exit.

Nice one sir. Long term in NSE means always watch your "BACK" and review your investment often and often to make a correction of jaaaaaaaaaaaa when needed

rationalmind:


Wanted to argue but remembered the Kobo naira argument with mcy56 so I decided to go back to the basics and realised you were right.

Apparently, I've been mixing this up for a very long time. Thanks jare

It was the reverse you did that gave you 209%.

That is for the index to rise back to 65k from 21k, it will need to be 209% increase.

RabbiDoracle:


It was the reverse you did that gave you 209%.

That is for the index to rise back to 65k from 21k, it will need to be 209% increase.

No allow Pa Ewumi vex o

Godisfaithful:



Nice one sir. Long term in NSE means always watch your "BACK" and review your investment often and often to make a correction of jaaaaaaaaaaaa when needed

Chai market don humble men. Even see our own Myjoy the apostle of buy buy buy

Agbalowomeri:


Chai market don humble men. Even see our own Myjoy the apostle of buy buy buy

I never preached mattress investment in NSE...make money and dont be greedy. Jaaaaaaaaaaaaaaa when the call arise and follow the humble path

fxuser:


i'm tilted towards ur thinking also
a nice bounce before bearish continuation
wud be nice to be very wrong here

RabbiDoracle is not a fan of the Japanese....
Light and Darkness meet only in a vacuum....

rationalmind:


My brother, the thing don mess my spread sheet up anyhow, I just dey dash companies percentage increase/decrease anyhow

Had to do some quick calculations and thank goodness, not much damage was done to my stock valuation.

Godisfaithful:



I never preached mattress investment in NSE...make money and dont be greedy. Jaaaaaaaaaaaaaaa when the call arise and follow the humble path

I have since realised that, if I sold after every 10% increase or loss, I stand to make more gains than losses.

To sell after the 10% self na the problem, I start looking at the possibility of 20 or 30 and sometimes, the stock reverses and I'm scrambling for safety

IchimokuPilot:


RabbiDoracle is not a fan of the Japanese....
Light and Darkness meet only in a vacuum....

There are point where TA and FA meets.

Where TA charts show continued sell, the FA guy will snap it up from them and the chart changes again.

The FA will hit big and wait while the TA will bring in the momentum/randomised movement.

rationalmind:


I have since realised that, if I sold after every 10% increase or loss, I stand to make more gains than losses.

To sell after the 10% self na the problem, I start looking at the possibility of 20 or 30 and sometimes, the stock reverses and I'm scrambling for safety

Me I no get the skill to target 10%

Agbalowomeri:


Me I no get the skill to target 10%

You na bulleye man na.

Hammer and go home.

See as Chibuking just keep quiet since 11am. This market has a way of humbling people shaaa.

RabbiDoracle:


It was the reverse you did that gave you 209%.

That is for the index to rise back to 65k from 21k, it will need to be 209% increase.

Exactly

mendes911:

See as Chibuking just keep quiet since 11am. This market has a way of humbling people shaaa.

He will resume in another three weeks

rationalmind:


I have since realised that, if I sold after every 10% increase or loss, I stand to make more gains than losses.

To sell after the 10% self na the problem, I start looking at the possibility of 20 or 30 and sometimes, the stock reverses and I'm scrambling for safety

I can infer something about RabbiDoracle, he reads his blood pressure, that adrenalin rush.
If you master your own body system, trading will be fun.
Moments of great pleasure are often the deadliest.
Once he starts feeling so impressed with his portfolio, he Jaaaaaaaassss...
I have personally noticed that the day I feel so good about my portfolio, the next day it starts wobbling.
I do keep hope alive until I am sent back to nursery 1....

Countdown end of my financial year

RabbiDoracle:


There are point where TA and FA meets.

Where TA charts show continued sell, the FA guy will snap it up from them and the chart changes again.

The FA will hit big and wait while the TA will bring in the momentum/randomised movement.

Lovely!
Makes a lot of sense.

Agbalowomeri:
Countdown end of my financial year

Before countdown, make sure Peter is not in any of your stocks. Else, you go count down enter another financial year and result go still hang with CBN or NAICOM (as the case may be).

Agbalowomeri:


He will resume in another three weeks

This your 3 weeks self, na 100% you dey find again? Grave robber.

Agbalowomeri:


Me I no get the skill to target 10%

Chairman, your own skill na 100%

There was a time I noticed DS was always trading around 21 when the market opens and touches 22 levels before close of trade at least three times in a week.

I started thinking of buying and selling everyday at 2% gain excluding charges. If I can get it right 5 times, and in less than two weeks, I would have hit my 10% target.

It was the mental and physical stress that put me off.

mendes911:


Before countdown, make sure Peter is not in any of your stocks. Else, you go count down enter another financial year and result go still hang with CBN or NAICOM (as the case may be).

IchimokuPilot:



I can infer something about RabbiDoracle, he reads his blood pressure, that adrenalin rush.
If you master your own body system, trading will be fun.
Moments of great pleasure are often the deadliest.
Once he starts feeling so impressed with his portfolio, he Jaaaaaaaassss...
I have personally noticed that the day I feel so good about my portfolio, the next day it starts wobbling.
I do keep hope alive until I am sent back to nursery 1....

Trying not to enjoy all the flesh off a well seasoned fish will save you the headache of swallowing those tiny pin bones.

If e hook for your throat, you go vomit join all the flesh already consumed trying to get that pin bone out!