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Us Stocks Pick Alert - Investment (221) - Nairaland

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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 Tobex4realTobex234(m): 4:55pm On Jan 14, 2021
bastardson:
Wow, this is a real issue... Also, does Passfolio have as many stocks as T212.. I am trying to complete my registration process with T212.. Trying to be careful.

What if I open a Dorm account? And I load from there, will I also be paid into the Dorm account?

I don't know anything about Passfolio.

To answer your 2nd question, if you open a dorm account and you fund via transfer, they will pay your deposit back to the dorm account but I haven't tried this before. Because even though I have done deposit via bank transfer, T212 doesn't allow me choose where I want to withdraw to, they always just send to my Nigerian card by default.

My advice is that never be tempted to use a Nigerian card on T212, stick to dorm transfers. Also find out the fees associated with dorm transfers. Do enough research before making final decisions.

1 Like

Re: Us Stocks Pick Alert by 1stbest(m): 4:56pm On Jan 14, 2021
Olaa123:
@Ina nla...did you end up selling ETSY
I'm so glad I was patient
can you send me Etsy invitation Link ,

1 Like

Re: Us Stocks Pick Alert by Phraences: 4:59pm On Jan 14, 2021
bastardson:
Have you tried it before? Tobex stated that we should always recommend what we have used before.. If we also decide to use Bater? Which exchange rate does bater use at paying back?

I have not used it to fund. But i just got it now and i was able to add it successfully to my Gpay so i know i will be able to fund with it.

As for withdrawal, since it is a dollar card, Trading 212 should transfer dollars then withdrawal on the Barter App would be done at their exchange rate. Deposit on Barter right now is at $1/N475 and withdrawal is at N465.50/$1.

I have not intiated a withdrawal for now.

Update

Barter does not work for Trading 212

2 Likes

Re: Us Stocks Pick Alert by Phraences: 5:01pm On Jan 14, 2021
Tobex4realTobex234:


I don't know anything about Passfolio.

To answer your 2nd question, if you open a dorm account and you fund via transfer, they will pay your deposit back to the dorm account but I haven't tried this before. Because even though I have done deposit via bank transfer, T212 doesn't allow me choose where I want to withdraw to, they always just send to my Nigerian card by default.

My advice is that never be tempted to use a Nigerian card on T212, stick to dorm transfers. Also find out the fees associated with dorm transfers. Do enough research before making final decisions.

Na wa o. Imagine funding with 470 and withdrawing at 380. Maybe you should send them a mail that you want withdrawals transferred to your dollar account.

2 Likes

Re: Us Stocks Pick Alert by Phraences: 5:03pm On Jan 14, 2021
See what i got on Trading212 website.

"In case you have deposited a considerable amount of funds with card A and a lesser amount with card B, the withdrawn amount will be refunded with priority to card A"

2 Likes 1 Share

Re: Us Stocks Pick Alert by Phraences: 5:06pm On Jan 14, 2021
Tobex4realTobex234:


Lol how is this different from what I had already said. Please note that a USD card issued to you by Access Bank or any Nigerian bank doesn't qualify. Only US cards issued by US banks get that luxury of getting USD back into their card.

As per Barter, I haven't tried that yet and do not know how it works.

Please let's only advise ourselves here based on real experiences not assumptions. Na something wey I don do wey wipe away my stocks profit so. And mind you that only my non-Nigerian USD card received actual USD. Prove me wrong that your Nigerian USD card received actual USD Ma?

Please those who have done withdrawals with Trading 212 should add their experiences here.

2 Likes

Re: Us Stocks Pick Alert by Dtarmon(m): 5:07pm On Jan 14, 2021
missed the entry, now at 14.96
InaNla:
Macerich (NYSE: MAC) - $13.09

Am entering the above trade today. DD advised.

1 Like

Re: Us Stocks Pick Alert by 1kinggy(m): 5:09pm On Jan 14, 2021
bastardson:
I am getting tired of Bamboo, you will make a purchase when the price is low, they wouldnt activate it. Price goes high, boom, the make d purchase.

I bought 10 units of a particular share yesterday, despite the fact that i over credited the account including their commission so that it will still be exactly 10 units,..

By the time dey effected it, the number of units dropped to 8.. It's really painful

DON'T BUY AT MARKET QUOTE. use limit for all your orders.

8 Likes

Re: Us Stocks Pick Alert by Phraences: 5:24pm On Jan 14, 2021
Tobex4realTobex234:


Lol how is this different from what I had already said. Please note that a USD card issued to you by Access Bank or any Nigerian bank doesn't qualify. Only US cards issued by US banks get that luxury of getting USD back into their card.

As per Barter, I haven't tried that yet and do not know how it works.

Please let's only advise ourselves here based on real experiences not assumptions. Na something wey I don do wey wipe away my stocks profit so. And mind you that only my non-Nigerian USD card received actual USD. Prove me wrong that your Nigerian USD card received actual USD Ma?

See this. I got it from Trading212 site as well.

"Note 2: If the deposits were mainly issued via bank transfers, and you'd prefer to have the funds allocated back to the same account, then please do not hesitate to reach us. Our team will review each inquiry, and a fair outcome will be provided**."

1 Like

Re: Us Stocks Pick Alert by Oyindamolah: 5:35pm On Jan 14, 2021
Hello Guys,
If you are using Wire Transfer to send money to your US broker, you need to be aware of this. I use ChoiceTrade broker and regularly wire dollars to fund my account.
But last week, in a bid to catch up with some stock, I did two wire transfers within two days because I was unable to buy enough dollars the first day.
So I got mail from my broker (ChoiceTrade) asking questions and in addition asking for confirmation letter from my bank which took some days.
But they finally released my money into my account today after nearly one week of writing and getting bank confirmation letter to them.
Lesson: Wire Transfer is heavily monitored in the US, hence not permitted to send or receive multiple transactions within days. Always send one wire transfer at a time regardless of the amount, else it could be termed money laundering.
I have learnt my lesson though in a hard way with lots headache and prayer.
Just tot to share my recent experience and for others to learn.

Copied

10 Likes 3 Shares

Re: Us Stocks Pick Alert by sonnie10: 5:39pm On Jan 14, 2021
WOOF IPO today

2 Likes

Re: Us Stocks Pick Alert by Olaa123: 5:45pm On Jan 14, 2021
1stbest:
can you send me Etsy invitation Link ,
I don't understand you

1 Like

Re: Us Stocks Pick Alert by InaNla(f): 5:49pm On Jan 14, 2021
obajoey:
Pls madam, I am trying to register on T212 but I don't have a tax id, pls how do I go about this? Can I just put any number?

NA - Not Applicable

Enter the above - NA

2 Likes

Re: Us Stocks Pick Alert by obajoey(m): 6:39pm On Jan 14, 2021
InaNla:


NA - Not Applicable

Enter the above - NA
Thank you

1 Like

Re: Us Stocks Pick Alert by InaNla(f): 7:41pm On Jan 14, 2021
GM.

PT $53.60

DD Advised

3 Likes

Re: Us Stocks Pick Alert by Penboy: 8:38pm On Jan 14, 2021
InaNla:


I use iOS...

I have GPay also on laptop...

But pay directly with my card with my phone without gpay or Applepay

Mad o.
Same Visa that I have. Chai inside life.

I use firstbank.. What about you?!

I'm thinking of contacting my banks customer service.

1 Like

Re: Us Stocks Pick Alert by Penboy: 8:41pm On Jan 14, 2021
Phraences:


See this. I got it from Trading212 site as well.

"Note 2: If the deposits were mainly issued via bank transfers, and you'd prefer to have the funds allocated back to the same account, then please do not hesitate to reach us. Our team will review each inquiry, and a fair outcome will be provided**."

Please can you guide me how to do a bank transfer to T212?!

1 Like

Re: Us Stocks Pick Alert by AIT1(m): 8:52pm On Jan 14, 2021
Phraences:


I have not used it to fund. But i just got it now and i was able to add it successfully to my Gpay so i know i will be able to fund with it.

As for withdrawal, since it is a dollar card, Trading 212 should transfer dollars then withdrawal on the Barter App would be done at their exchange rate. Deposit on Barter right now is at $1/N475 and withdrawal is at N465.50/$1.

I have not intiated a withdrawal for now.

Update

Barter does not work for Trading 212



Hi boss, which US stocks would you advice me to buy at this period?

Thanks Sir.

2 Likes

Re: Us Stocks Pick Alert by 1kinggy(m): 9:22pm On Jan 14, 2021
InaNla:
GM.

PT $53.60

DD Advised

this dude was 46 some days back. Looks like they are now joining the EV price rally.

1 Like

Re: Us Stocks Pick Alert by yom2(m): 9:24pm On Jan 14, 2021
Biotechs requires more research and patience. When it goes right always turn out a bigger blow out. Recent case is lexicon but I jumped out too early cos of past experience

3 Likes

Re: Us Stocks Pick Alert by jkcarz: 10:04pm On Jan 14, 2021
Hello guys?

Been feeling bad since yesterday. Held unto Gamestop for 6 months awaiting a short squeeze. Entered at $6, sold at $10, re-entered at $13 two months ago, sold three days ago at $18.11 and boom the squeeze started after selling. Currently at $40 in just 2 days and it has been hell for me because I missed out!

Any advice?

4 Likes

Re: Us Stocks Pick Alert by InaNla(f): 10:37pm On Jan 14, 2021
Penboy:


Mad o.
Same Visa that I have. Chai inside life.

I use firstbank.. What about you?!

I'm thinking of contacting my banks customer service.


I use 'The FirstBank Visa Debit Multi-Currency card'.

https://www.firstbanknigeria.com/personal-banking/cards/debit-cards/visa-debit-multi-currency/

1 Like

Re: Us Stocks Pick Alert by InaNla(f): 10:53pm On Jan 14, 2021
jkcarz:
Hello guys?

Been feeling bad since yesterday. Held unto Gamestop for 6 months awaiting a short squeeze. Entered at $6, sold at $10, re-entered at $13 two months ago, sold three days ago at $18.11 and boom the squeeze started after selling. Currently at $40 in just 2 days and it has been hell for me because I missed out!

Any advice?


My small understanding of the market so far...

1. Be sure of your fundamentals and what stock you have purchased. If DD was duly done. HANG-ON.
2. PATIENCE is NEDED. I have made a vow never to sell for a loss unless where there are other QUICK win and no cash.
3. Considering penny stock, honestly it's better to take your small profits and never look back, not minding whatever becomes what you left behind. Remember Lot's wife. tongue

Happy investing...

14 Likes 4 Shares

Re: Us Stocks Pick Alert by jkcarz: 11:03pm On Jan 14, 2021
Thanks boss!

Lol @ Lots wife

InaNla:



My small understanding of the market so far...

1. Be sure of your fundamentals and what stock you have purchased. If DD was duly done. HANG-ON.
2. PATIENCE is NEDED. I have made a vow never to sell for a loss unless where there are other QUICK win and no cash.
3. Considering penny stock, honestly it's better to take your small profits and never look back, not minding whatever becomes what you left behind. Remember Lot's wife. tongue

Happy investing...

1 Like

Re: Us Stocks Pick Alert by InaNla(f): 11:11pm On Jan 14, 2021
Guys,

Today's recommendations from The Motley Fool. One of my paid stock advisor.

COUP
FVRR
ZM

Not a recommendation to buy oooo. Do your own DD...

7 Likes

Re: Us Stocks Pick Alert by OakPearl(m): 8:31am On Jan 15, 2021
jkcarz:
Hello guys?

Been feeling bad since yesterday. Held unto Gamestop for 6 months awaiting a short squeeze. Entered at $6, sold at $10, re-entered at $13 two months ago, sold three days ago at $18.11 and boom the squeeze started after selling. Currently at $40 in just 2 days and it has been hell for me because I missed out!

Any advice?

This happens to every one in the market at some point or the other in our trading history.

Snap out from feeling bad, and be proud of yourself that you did a good job identifying the value in this stock ahead of time. That means you can repeat this skill in another stock if you settle down and follow the same process you employed.

You could have also sold at a loss. Therefore, be comforted with the fact that this cannot be more painful than the pain of a loss.

Receive it as a lesson, dust yourself, and move on with the wisdom from this trade that in the end, we are all trading patience, not stocks.

I hope this lifts the spirit.

19 Likes

Re: Us Stocks Pick Alert by OgogoroFreak(m): 8:48am On Jan 15, 2021
InaNla:


I use iOS...

I have GPay also on laptop...

But pay directly with my card with my phone without gpay or Applepay
Can I use UBA Africard? What is the downside of using such card?

1 Like

Re: Us Stocks Pick Alert by UncleSnr(m): 8:51am On Jan 15, 2021
samuelson06:


Do you know if they can charge the card in naira where the marketplace currency is in naira without going to the dollar and then back to naira?
They should. It is a Nigerian card and not dollar.

1 Like

Re: Us Stocks Pick Alert by Tobex4realTobex234(m): 9:49am On Jan 15, 2021
Phraences:


See this. I got it from Trading212 site as well.

"Note 2: If the deposits were mainly issued via bank transfers, and you'd prefer to have the funds allocated back to the same account, then please do not hesitate to reach us. Our team will review each inquiry, and a fair outcome will be provided**."

Thanks a lot for this man. Will send them an email now. I would be very glad if they can do this, I've stopped funding my T212 because of the forced naira card issue.

1 Like

Re: Us Stocks Pick Alert by Tobex4realTobex234(m): 9:52am On Jan 15, 2021
InaNla:
Guys,

Today's recommendations from The Motley Fool. One of my paid stock advisor.

COUP
FVRR
ZM

Not a recommendation to buy oooo. Do your own DD...

Really, they still think ZOOM is a buy?

1 Like

Re: Us Stocks Pick Alert by InaNla(f): 10:28am On Jan 15, 2021
Tobex4realTobex234:


Really, they still think ZOOM is a buy?


Get on the ZM train NOW! Past days have seen more than 7% price appreciation. Don’t forget, 52 week high was $588.84.

Lots of positive news lately...


As usual DD advised! tongue

1 Like

Re: Us Stocks Pick Alert by InaNla(f): 10:32am On Jan 15, 2021
OgogoroFreak:
Can I use UBA Africard? What is the downside of using such card?


Since this is NGN dominated card, if allowed by UBA, maximum USD transaction would be $100 per month.

1 Like

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