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Posted by Nnamdi Okoli on July 11, 2008 at 09:28:39:

To make it in the Nigerian stock market, the most important thing you need is accurate information and the more the better.
You can make gains with a lot of information such as news, govt policies, national budgets, company forecasts, global market trends. There are many factors that can affect the market prices of stocks which can eith be internal or external factors. Internal factors can be buying and selling trends, availability of funds for trading by firms, external factors can be foreign and local news, govt plans, people's reaction and pressure groups, inflation e.t.c.
You may not and may not need to have all the availabel information but you coould optimize your profits by using the little information you have to trade effectively by introducing sufficient capital, timeliness, and minimizing risks. The Nigerian stock market is getting bigger and more profitable but it is also getting more and more influenced by global trends which increases the risks. It is only a wise investor that would know when to say yes and no.

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