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Nairaland Forum / Nairaland / General / Investment / Us Stocks Pick Alert (657955 Views)
MTN Shares Pick Alert / My Stock Plays in US Stocks Market / Buying US Stocks From Nigeria (2) (3) (4)
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Re: Us Stocks Pick Alert by OakPearl(m): 10:35pm On Aug 12, 2020 |
Jotrade: Sounds very sweet. But the hard work was in the waiting. One full month of patience for a swing trade is not easy I can tell, with the various uncertainties from US/Chinese tension to the vagaries of the market. In the end, we don't trade stocks, we trade patience! More wins bro. 3 Likes |
Re: Us Stocks Pick Alert by Jotrade: 11:02pm On Aug 12, 2020 |
OakPearl:Thanks |
Re: Us Stocks Pick Alert by abraolas1: 12:01am On Aug 13, 2020 |
3 Likes |
Re: Us Stocks Pick Alert by ebuka1997: 12:03am On Aug 13, 2020 |
Skymoore1004: You can sell half and rebuy more after the stock split. It’ll be about $300 then I think 1 Like |
Re: Us Stocks Pick Alert by afroxyz: 12:25am On Aug 13, 2020 |
Skymoore1004: Why not hold till battery day first. |
Re: Us Stocks Pick Alert by Skymoore1004: 12:27am On Aug 13, 2020 |
22nd September is far o. I would sell & buy in dip before then ![]() afroxyz: |
Re: Us Stocks Pick Alert by Jotrade: 12:32am On Aug 13, 2020 |
Books that I read every yrs 1 Rich Dad Poor Dad 2 The start up of you 3 Unshakeable 4 Millionaire Next Door 5 The Power of Habit 1 Like
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Re: Us Stocks Pick Alert by OvaSabi1(f): 12:05pm On Aug 13, 2020 |
Skymoore1004: Nobody talks about their losses. 6 Likes |
Re: Us Stocks Pick Alert by Skymoore1004: 12:38pm On Aug 13, 2020 |
lol, true! OvaSabi1: 1 Like |
Re: Us Stocks Pick Alert by InaNla(f): 1:35pm On Aug 13, 2020 |
OvaSabi1: My sister, e get as e be oooo. We are only talking of gains, maybe the loss is even higher in some instances.... ![]() 2 Likes |
Re: Us Stocks Pick Alert by Nobody: 1:58pm On Aug 13, 2020 |
Managed loses are part of a good trading strategy. Risk parameters should be around 1 for 2. U exit at 1 if trade goes bad, exit at 2 if trade goes well. Your trades become more predictable, key thing is knowing the true support and buying as closely as possible to that price. Finally don't be greedy. 2 Likes |
Re: Us Stocks Pick Alert by Nobody: 2:00pm On Aug 13, 2020 |
OvaSabi1: Talking about losses will discourage new investors |
Re: Us Stocks Pick Alert by InaNla(f): 2:28pm On Aug 13, 2020 |
Ehuatamuigunisi: Haaaa, is full disclosure not necessary? If people come here and see gain, gain, gains & 'gains' they will think all trading is indeed about gains and no loss. ![]() loss dey oooo 7 Likes |
Re: Us Stocks Pick Alert by OvaSabi1(f): 3:11pm On Aug 13, 2020 |
InaNla: Exactly. It's not discouragement, it's reality. There are some days your losses will exceed your gains. There are some years that you will make nothing. This is even for investors who are supposed to have it better. Day traders experience more losses and their eyes dey see pepper. But when they strike gold, their harvests are bountiful. The best thing to invest in is yourself. Find different hustles and multiple streams of income and then contribute into stocks with strong fundamentals. That is what the rich do. They're off playing golf somewhere and only look at their portfolio like twice a day. That was how they started because it is a habit you need to have early. I have attached a screenshot showing the average returns of the S&P 500 over more than 1 decade. There are some years that your returns are negative. Few people have been able to outperform the s&p 500. The s&p 500 are 500 of the largest companies in the U.S. Cc Ehuatamuigunisi 2 Likes
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Re: Us Stocks Pick Alert by OakPearl(m): 3:20pm On Aug 13, 2020 |
Jotrade: Books no. 1 and 4 moulded my early investment acumen, changing my teenage life for ever! 3 Likes |
Re: Us Stocks Pick Alert by Nobody: 3:24pm On Aug 13, 2020 |
OvaSabi1: This was tested and proven wrong. |
Re: Us Stocks Pick Alert by OvaSabi1(f): 3:27pm On Aug 13, 2020 |
Nigsrdumb: What was tested and how was it proven wrong? |
Re: Us Stocks Pick Alert by Nobody: 3:33pm On Aug 13, 2020 |
OvaSabi1: I have voo , so I can see the returns is not on par with selecting stocks. Here's an example of a trade i took. It happened within 20 minutes, which returned 13 %. Now lets assume i lose 2 trades out of every 5 , I'm still going to stack up better returns especially if the bad trades are properly managed. Cutting losses quickly . Then there's a compounding effect, that you get which you wouldn't have if you're just holding stocks for longer periods.
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Re: Us Stocks Pick Alert by YerYer: 3:40pm On Aug 13, 2020 |
Ehuatamuigunisi: Not necessarily. I talk about my loses sometimes because it's part of investing. The truth is, we have been in a bull market for so many years that the gains outweigh the losses. Moreover, paper loss isn't a loss until you sell. So on days when the market is down, your portfolio will be down, but if you don't sell at that point, its not a loss and the market should rebound. I usually post some of my initial purchases here for transparency, its easier to track that way. Posting losses is also important so new investors don't think stock investing is an easy money making scheme with no risks. I've posted a few screenshot showing posts I made about my losses, there are even more posts than these 4 Likes
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Re: Us Stocks Pick Alert by InaNla(f): 3:50pm On Aug 13, 2020 |
YerYer: Great boss, You have done well. Always looking forward to you guys recommendations etc. |
Re: Us Stocks Pick Alert by Jotrade: 6:11pm On Aug 13, 2020 |
My current swing position are PENN, CAT, FLSR, and FCX. |
Re: Us Stocks Pick Alert by Cara12(f): 7:00pm On Aug 13, 2020 |
This thread has been nothing but educative and inspiring. Kudos to the contributors! Please I need the help of those using trading 212. My account just got activated and I want to fund it via gpay. After inputting my card details in google pay website, I'ld be told that I entered incorrect card details. I've tried countless times all to no avail. Please can somebody suggest the way forward? I'm using Ecobank card... ![]() 1 Like |
Re: Us Stocks Pick Alert by Skymoore1004: 8:57pm On Aug 13, 2020 |
It’s a general problem my dear, not about the bank card you’re using. Nigeria has put a restriction on most of the naira debit cards as directed by CBN. Just keep trying, else you’d have to do bank transfer via Dom account (which is another stress). Cara12: |
Re: Us Stocks Pick Alert by Jotrade: 4:03am On Aug 14, 2020 |
OakPearl:No 4 is my favorite |
Re: Us Stocks Pick Alert by Cara12(f): 10:45am On Aug 14, 2020 |
[color=#006600][/color] Skymoore1004: Alright, thanks a lot. I was thinking d restriction only limits one's spending per month. I'ld keep trying anyways....though it's frustrating |
Re: Us Stocks Pick Alert by nna777: 11:47am On Aug 14, 2020 |
drskyfly007: I hope you bought on Wednesday because this thing is going to fly today. Already up premarket. British govt just signed a supply deal with them. |
Re: Us Stocks Pick Alert by drskyfly007(m): 12:34pm On Aug 14, 2020 |
nna777:unfortunately I didn't..but am buying once market opens... |
Re: Us Stocks Pick Alert by Skymoore1004: 12:41pm On Aug 14, 2020 |
Risky... drskyfly007: |
Re: Us Stocks Pick Alert by 4Play(m): 12:51pm On Aug 14, 2020 |
OvaSabi1: As YerYer pointed out, in this up trending market, most people should be able to make money. There are a couple of problems - one specific to traders here and a more general issue. Many here seem to trade the extremely volatile stocks promoted by the Naija fintech apps. I suspect those trading these stocks experience more frequent losses than would be the case if you're trading higher quality, but less volatile, stocks. The second more general, and most important, problem is the long run return on stock investments by retail investors is poor relative to the broad index (e.g S&P 500) returns. This is why I have suggested indexes! In an up trending market, most of us are "gurus". But since we're all, I presume, relatively young and hope to successfully invest for decades, we need to invest (form good investment habits) in a way that will allow us thrive over 10/20/30 years. This is where I fear these overly rose-tinted posts about short-term wins can damage investors' ability to last the distance. People will increasingly be lured into putting their savings into this 5g or EV stock or the other high-tech name and find themselves trapped without warning. It may take months or years but it will eventually happen when we least expect it. 3 Likes |
Re: Us Stocks Pick Alert by OvaSabi1(f): 1:12pm On Aug 14, 2020 |
4Play: Spot on. Everyone is a genius in a bull market. From my little experience, I've been able to identify the big players and what I use to measure their performance is how much they lose when the market is down, relative to how much the s&p 500, dow, Nasdaq, etc are losing. For example, if the dow is down by 0.5% for this month and my portfolio is down by 20%, that means that I need to restructure my portfolio. I want to get to the stage where I check my online brokerage account just 2 times a day. Trump could tweet something silly from his toilet seat at midnight and the covid stock you expected to make returns from has nosedived before the market opens. I value my peace of mind and although this wasn't how I started, I am beginning to anchor my portfolio with bond ETFs and mid cap value stocks. From many indications, we may be experiencing a bubble at the moment and someone needs to be ready. I also need to divert my energy towards other little little projects that I have. 2 Likes |
Re: Us Stocks Pick Alert by Jayjaycee18: 1:23pm On Aug 14, 2020 |
Glad to be back here. Was restricted by the anti-spam bot from posting since the last few days and had to maintain a "siddon look" posture. |
Re: Us Stocks Pick Alert by drskyfly007(m): 1:26pm On Aug 14, 2020 |
Skymoore1004:and volatile |
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