Question
Good day Mr. Ambrose,
Thanks for the information you give regularly with adequate technical analysis. I have ploughed my fund to stock when prices were high just before the free fall. To sell is suicidal. How do I position myself for 2017?

Answer
Sorry for the experience, but it’s part of your learning curve. The market has changed since the incumbent management of the Nigerian Stock Exchange came on board with a lot of transformation agenda that has repositioned it in the global market by making it accessible from anywhere in the world through technology, more transparent and effective in information dissemination. This has given investors access to real time market information to all stakeholders, rather than the previous situation when some stakeholders had access to price sensitive information that were abused at the expense of others to manipulate price a lot of times.
In Investdata we believe in do-it-yourself through regular trainings to know what to do with your hard earn money when investing or trading in equity at any given, instead of relying on someone else. What this means is that you have an idea of what you want and can offer a second opinion on events that determine price, instead of having no idea and putting your fortune in the hands of one person.
Also, the stock market is not always about win-win, but let your winning positions be more than the loss and this is achievable through knowledge, which our home study on comprehensive investing and trading strategies will reveal to you and help you boost equity investment decision and returns .
Also we believe in effective combination of technical and fundamental analysis when taking investment decision.
To reposition your investment or portfolio for 2017, you need to first reconstruct the portfolio to know the stocks to sell, thereby cutting your loss if the upside potential is slim, to buy into stocks with high upside potentials due to the strong fundamentals, expected dividend at the coming earnings season.
The time to be in the market is now. The strategy is to buy in stages due to up and down movement of price at this period to position for the expected full year results of companies with December year-end.
This is a major earnings season due to the high number of companies expected to release their full year score-cards before March 31, 2017 and to announce the reward plan to investors by way of cash dividend payout and, or scrip bonus (shares).
When a company surprises its investors with strong numbers and juicy dividend payout, the market’s reaction would be to reward such by a price rally in appreciation. This suggests that you should know and be in the good stocks before the results hit the market.