3966
'Kunle Adeyeri
Nigeria as a hypothetical example, the dwindling revenue from crude oil has called for alternative revenue sources. Hence, there have been calls to look inwards into agriculture, solid minerals and tourism sectors as major earners to shore up the country's battered economy and plundered reserves. In view of this, the citizenry have been badly affected or worse off financially. People are looking towards diversifying their resources to bring more incomes. The question is what alternative?
The capital or stock market is nosediving daily leading to shed in ALSI and market capitalisation. Share or stocks are nearly worthless and investing in the capital market is yielding negative response. Yield or interest on deposits is not encouraging as rate has been maintained at 11 per cent by the apex bank.
Here, I will do a comparative analysis of returns on investments and point out the reasons why you should invest in forex trading in 2016 or acquire the sound knowledge to be a forex trader. Three investors A (Capital market), B ( Bank Fixed Deposit) and C (Forex Trading) with investment of N1m each in a year will be analysed.
Investor A with current dispensation and trend in the market may possibly have his investment at a loss of close to 50% of capital. Investor B will earn a yield of at least N110,000 or more if on compounded interest. Investor C can possibly earn a staggering yield of 10 per cent per month and 120 per cent per annum if well managed or traded with good risk and money management. Without an iota of doubt, all options are possible.
Investors A and B might not be in full control of their investments management or growth while Investor C is much more in control than A and B. All is needed is good technical knowhow of the market and strategic risk management.
This is the second time I am confidently saying it can be done and I can do it. Avail yourself the opportunity of well properly managed investment with fairly good returns. Also for new traders or those needing strategic trading styles, it is time to enrol for training. Forget the fear of losses and brace for the challenges of success.
Good omen for the year 2016! The first signal or market tips for the year for week Monday January 25th to Friday January 22nd, 2016 all made their TPs hundred per cent and some their EPs whereby entry levels have been advised at trader's discretion. It confirms the readiness I spoke about that you are in for a good year as a prospective investor and trainee with me. The signals for the next two trading weeks have many opportunities.
Training for readers or prospective trainees have been re-scheduled on demand to start by February 8, 2016. Online and classroom (weekdays and weekends) lectures are available. Visit www.kardsfx.com for details.
As you take a good investment decision. I wish you a Happy profitable 2016.
TRADING TIPS/SIGNALS FOR THE WEEK MONDAY FEBRUARY 8 – FRIDAY FEBRUARY 19 , 2016.
Entry Suggested Entry Price (SEP) and exit Take Profit/Stop Loss(TP/SL) could also be at trader's discretion. Entry (SEP) and exit (TP/SL) may also occur on or before or in-between the stipulated period. Money management strictly is advised.
EURUSD (BUY LIMIT): Suggested entry 1.1066 – 1.1153 [email protected][email protected] Expected pull back downward may occur before SEP.
USDCHF (SELL LIMIT): Suggested entry 0.9967 – 1.0000. [email protected][email protected] Expected pull back upward may occur before SEP.
GBPUSD (BUY LIMIT): Suggested entry 1.4450 -1.4490. [email protected][email protected] Expected pullback downward may occur before SEP.
AUDCAD (SELL LIMIT): Suggested entry 0.9860 – 0.9900. [email protected] Expected pullback upward may occur before SEP.
EURJPY (BUY LIMIT): Suggested entry 129.70 – 130.33. [email protected][email protected] pull back upward may occur before SEP.
EURAUD (BUY LIMIT): Suggested entry 1.5560 – 1.5600 [email protected][email protected] Expected pull back downward may occur before SEP.
Visit our website www.kardsfx.com or Ikeja office (2nd Floor. 67 ObafemiAwolowo Way. Opposite Olowu Bus Stop) for more assistance on your investment or account management, account opening and training . Terms and conditions apply. Training commences Monday February 8, 2016. Call 01-3429029, 08039391041, 08148405500 or send a mail for details to [email protected] or [email protected].
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