Jan 25 (Lagos) - Easykobo member with alias "IBRAHIM" finished as second runner up in the recently concluded vision 2020 stock trials part 1. This was an almost 6 month competition which ended on Jan 2 2020.
Ibrahim managed to get a return of more than 100% in such a bearish environment so we got in touch with him to find out how he did it.
How did you find out about easykobo ?
Am a beginner investor, a friend of mine introduce me to the game, he advice me on stock to buy and when to sell, and tell me reason why am buying the stock.
What stocks did you pick to get that kind of return on investment?
stock select to win are agleventis , cornerstone, the version is very good because it very simple for beginners like us to use.
What do you think about the Nigerian economy?
I believe the Nigeria economy will better with the signing of budget by the president
Now lets take a look at his trades and how exactly he achieved that kind of ROI in this bearish environment.
| Stock |
Type |
No. of units |
Price |
UAC-PROP |
BUY |
2,500,000
|
1.18
|
AGLEVENT |
BUY |
373,000,000 |
0.26 |
UAC-PROP |
SELL |
2,500,000 |
1.28 |
AGLEVENT |
SELL |
373,000,000 |
0.5 |
CORNERST |
BUY |
45,000,000 |
0.38 |
CORNERST |
BUY |
400,000,000 |
0.38 |
CORNERST |
BUY |
40,000,000 |
0.38 |
CORNERST |
BUY |
12,000,000 |
0.38 |
JAIZBANK |
BUY |
1,400,000 |
0.62 |
CORNERST |
SELL |
497,000,000 |
0.45 |
As we can see above he stuck to 2-3 stocks which were all kobo stocks. He recorded major gains in stocks of ag leventis and cornerstone Insurance stocks. We applaud his achievement to pick this stocks at the right time just before they started moving up.
The volumes traded are obviously way higher than what happens on the floor of the exchange but this result shows you what is possible if you trade smart. You percentage increase will still remain same if someone managed this is real life trading. After all stock-trials is a game so you walk away with what you learn and then try to use it to earn in real life trading and investing.
There we have it, IBRAHIM - he is one of the best traders in Nigeria and probably a hidden gem. We want to wish him all the best in future and hope he can take his trading game to the next level and become a professional trader because those are some skills right there. We want you to know that your skill is special and don't stop no matter what happens. One day top stockbroking firms in Nigeria and Africa are going to look for you.