naturalflow:
OK,money don finish and we still get so many lows ahead.This time you go sell your trouser take do average down.

...Mogbe ooo. I swear I laff so tey trouser almost comot 4 my y.ansh!. Abegii leave us, nah today. Is it your average down

DrAwo:


Used the Polaris Bank account today and it was smooth and hitch-free...

Thanks, DrAwo!

naturalflow:
OK,money don finish and we still get so many lows ahead.This time you go sell your trouser take do average down.

Abi oooo as shirt don tear tear finish na to comot trouser sell take average down

DIVIDEND HUNTERS TAKE NOTE!

DIVIDEND HUNTERS rightnow

BARGAIN HUNTERS rightnow

RabbiDoracle:


Game is to mark FUGAZ closely.

Oga Emma, I am off the 1 week hook

Greetings to all the ogas. Make una chop kolanut!

Oga Wanaj, shigidi, bigjay, jamace,...I dey see una. Been reading as a guest.

Following CP, 333, BBM, FX, DRP and others. Una dey try. Keep it up.

My korokoro eyes done dey follow you.
You know your onions!
Weldone Sir!

rebekah2011:
Oga Onifa, but meffy can get inspired with actions like this. He knows the banks that are good and bad. Should we get worried that dividend in 2021 may be very thin or non-existent?

I expect earnings to be negatively affected but the strong ones among the banks wiil do well relatively.
The effect of the corona virus and low oil price will impact the banks and the country for a long time.

We are lagging behind in testing people, there are a number of them waiting to be tested and as more people are getting tested, the number of confirmed cases is expected to spike.
The initial 2week lockdown might likely be extended as that is our safest route.
We have no capacity to manage an epidemic situation, will can only hope for success in containment.

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/29549_OMOLUABI_MORTGAGE_BANK_PLC_FINANCIAL_STATEMENTS_APRIL_2020.pdf
So this is where Morgan Capital is keeping their funds.

Mehn how this you do this great research and greater discovery?
I am ready to learn O

RabbiDoracle:


All of you were laughing at me at the other forum when I told you it will fall to 136 and you said you love torn shirts. Oya, see am na.

Which other forum o. Carry the boys along, sir.

seyisanya:
Has anyone funded their Morgan Capital account this week? Did you pay into their Polaris or Zenith account?

Thanks.

I have always bused POLARIS and no issues.

RabbiDoracle:



Christmas came so early for us with cash.

So we will wait knowing that we bought at 50 to 70% discount from the highs.

Breweries was like 85% to 90% discount.

If rapture comes, we go with our stocks

Are breweries still a good buy? I can see an earlier post showing them at average of -90% from ATH which makes them enticing.

I expect a boom after this shutdown of bars and joints.

1kinggy:


Are breweries still a good buy? I can see an earlier post showing them at average of -90% from ATH which makes them enticing.

I expect a boom after this shutdown of bars and joints.

Are you thinking that people's habits have changed with the lock-down? NB trucks are still active, align....

Cc: VCV....

RabbiDoracle:



Christmas came so early for us with cash.

So we will wait knowing that we bought at 50 to 70% discount from the highs.

Breweries was like 85% to 90% discount.

If rapture comes, we go with our stocks

Why joke with holy stuffs?

BTW which and which stocks can survive the looming inflation?

Enyinne:
I have learned from this explaination, today I was able to execute myself a buy order .it feels good to take charge........
Meanwhile I saw fill or kill ,abeg can u explain further on this so we can keep learning from ur wealth of experience.thanks dear

Good you can trade by yourself now. Everyone using Morgan should learn to execute trades by themselves.

I think you should not use "fill or kill" cos it will keep your buy or sell order locked for many days until it's filled or executed.
Disadvantage includes inability to cancel it or modify the price, even if you see the price coming crashing down or skyrocketing.

Just to chip this in, Morgan Capital already set the defaults to "Day" and "Limit", no need to visit those columns again (except you want to buy at market price), all you do is to enter your quantity, the coy ticker and set the price to your desired target.
Hope this helps.

Cc: ositadima1

locodemy:


@15 I did jijo 3times for Wapco.

That time oga coolcash was hoping to sell at 30.

This life na teacher

My emotion betrayed me!

RabbiDoracle:


Heat wan finish you abi?

Relax. The end is near.

Don't be like tortoise that was locked up inside latrine for a long time but he did not complain. Only for him to start shouting that the smell of faeces has finished him when he saw that people were coming to bring him out from the latrine.

You are not only a smart investor but good psychologist with soothing and nerve-relaxing words... keep it up bro.

Thanks dear , I will try again tomorrow with shikini amount and see how it goes . I’m glad am making progress .

Mcy56:

Good you can trade by yourself now. Everyone using Morgan should learn to execute trades by themselves.

I think you should not use "fill or kill" cos it will keep your buy or sell order locked for many days until it's filled or executed.
Disadvantage includes inability to cancel it or modify the price, even if you see the price coming crashing down or skyrocketing.

Just to chip this in, Morgan Capital already set the defaults to "Day" and "Limit", no need to visit those columns again (except you want to buy at market price), all you do is to enter your quantity and set the price to your desired target.
Hope this helps.

Cc: ositadima1

Coolcash1:


My emotion betrayed me!

How Sir....

Enyinne:
Thanks dear , I will try again tomorrow with shikini amount and see how it goes . I’m glad am making progress .

That is good....

Just buy good stocks at this depressed prices....but no buy shells...so that you won't be shell-holders

1kinggy:


Are breweries still a good buy? I can see an earlier post showing them at average of -90% from ATH which makes them enticing.

I expect a boom after this shutdown of bars and joints.

I don't think that industry is advisable until after PMB administration.

DeRuggedProf:



Are you thinking that people's habits have changed with the lock-down? NB trucks are still active, align....

Cc: VCV....

This your cc fit cause kasala o. Anyways, thanks.

1kinggy:


I have always bused POLARIS and no issues.

Thanks, sir.

Hello intellectuals, please i'm a newbie who can lecture me on how to start trading. trust me i will learn fast. thank you.

DrAwo:


Used the Polaris Bank account today and it was smooth and hitch-free...

Please does Morgan Capital have an official application?

Also, is the CSCS number obtained from Chaka valid for Morgan Capital account?

kintus:


Please does Morgan Capital have an official application?

Also, is the CSCS number obtained from Chaka valid for Morgan Capital account?

I think their web portal is more robust.

So far the CHN is in your name, you can reuse it with ant stockbroker. CSCS will be happy to know exactly which shares you hold.

Mcy56:

Good you can trade by yourself now. Everyone using Morgan should learn to execute trades by themselves.

I think you should not use "fill or kill" cos it will keep your buy or sell order locked for many days until it's filled or executed.
Disadvantage includes inability to cancel it or modify the price, even if you see the price come crashing down or skyrocketing.

Just to chip this in, Morgan Capital already set the defaults to "Day" and "Limit", no need to visit those columns again (except you want to buy at market price), all you do is to enter your quantity and set the price to your desired target.
Hope this helps.

Cc: ositadima1

1st let me commend ur effort in always trying to lend a helping hand to the newbies in our midst.
...Ur doing a nice job. Pls keep it up !!

However, ur description with the part in bold fits a different kind of mandate called; GOOD TILL CANCELLED(GTC) order or where the timeframe is definite, a GOOD TILL DAY(GTD) order.
...the former runs indefinitely but can be called-off in between, while the latter runs within a one day timeframe but can not be called off.

The term FILL OR KILL(FOK) defines an order that must execute the moment it was made or it automatically cancels.
...put differently, a FOK mandate signals an order to instantly execute a trade(whether buy or sell) immediately or otherwise, cancel it.
In retrospect, u are instructing the system to either execute the order NOW(the fill part) or LEAVE IT(the kill part)
It can also be referred to as a FILL OR CANCEL order(they are one and same)
By convention, a FOK mandate is usually a limit order.

...a brief;

Assuming the trade book of DANGOTE SUGAR is; highest bid price @ N9, and lowest offer price @ N9.30 in a given market day.
Now let's say that u hold 10,000 unit of DS and after estimating ur BEP, u intend to sell for no less than N9.15.
But since N9 is the best/highest bid at the time, u can either use a normal limit order @ N9.15 or utilize the fill or kill order.
Where u use a FOK order, the mandate will only execute if there was a price equivalent waiting order(a buy, in this case) to match it up, otherwise the order will automatically cancel.
...the same principle also applies when u are buying.

One of the hurdle with using a FOK order is that the order volume must be filled completely at the instance of trade.
...there are NO partial executions.
The interpretation of this is that even where there is an equivalent price match-up, the volume of the existing or waiting order must be greater than or equal to the volume of a fill or kill order, otherwise the order will NOT execute.
With the illustration above; where there is a match-up, the vol must be >/= that ur 10,000 unit at the point of execution(the mement u click; fill or kill), otherwise the order will NOT pull through.

One of the key advantage of using a FOK order though is that its a handy/useful tool for what I call "investigative trading" and "sniper trading"(the 2 parts in intalics is a clue to both)
Those who employ the thing about inquisition and tactics to trading and investing will know what am talking about.
There are also 2 other key tools though.

Hope its clearer now.

Selah

Perculiar:
Hello intellectuals, please i'm a newbie who can lecture me on how to start trading. trust me i will learn fast. thank you.

I will watch out for you and be of help. Do you have funds to trade now? Do you already have a brokerage account?

Feel free to ask any questions. Our madam @Mcy56 is always of help to newbies here. I will be happy to compliment her efforts.

RabbiDoracle:


But it got to a 52 weeks low of 10.70, didn't you sell your house then?

You see wetin Saudi dey do for oil market? Trump is planning Saudi oil tariff for Friday meeting with oil company CEOs. Brace up for crude oil @ $9 per barrel

RabbiDoracle:


All of you were laughing at me at the other forum when I told you it will fall to 136 and you said you love torn shirts. Oya, see am na.

I Dey wait the stock for 100 Naira and below lol

Godisfaithful:



You see wetin Saudi dey do for oil market? Trump is planning Saudi oil tariff for Friday meeting with oil company CEOs. Brace up for crude oil @ $9 per barrel

We are waiting Sir.

Let us see how far the digging goes...

Godisfaithful:


I Dey wait the stock for 100 Naira and below lol

Ten ten percent gain will be pouring in.

I want to believe that yesterday was the last decapitation.

Goodluck guys.