Wazua
»
Investor
»
Stocks
»
Updates on the fantasy market
Rank: New-farer Joined: 8/19/2010 Posts: 49 Location: Nairobi
|
those who've traded at least once should be considered to be holding cash positions but as bss would say, joining the Fantasy market just to hold cash only is bs! haha
|
|
|
Rank: Member Joined: 5/29/2009 Posts: 49
|
@Wazua, kindly resolve this matter of those who have joined and are not involved in any trading. At the moment there are 39 such people. I also like the suggestion of charging interest to those in negative cash territory.
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
StatBoy wrote:@Wazua, kindly resolve this matter of those who have joined and are not involved in any trading. At the moment there are 39 such people. I also like the suggestion of charging interest to those in negative cash territory. There's nothing wrong with holding cash and thats why the option exists... Guys should Just make sure you beat the dudes holding cash so they can all be in last place Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Elder Joined: 11/7/2007 Posts: 2,182
|
holding cash beat any logic of market. LOVE WHAT YOU DO, DO WHAT YOU LOVE.
|
|
|
Rank: Member Joined: 1/15/2010 Posts: 625
|
guru267 wrote:StatBoy wrote:@Wazua, kindly resolve this matter of those who have joined and are not involved in any trading. At the moment there are 39 such people. I also like the suggestion of charging interest to those in negative cash territory. There's nothing wrong with holding cash and thats why the option exists... Guys should Just make sure you beat the dudes holding cash so they can all be in last place Those people holding cash should. be given an interest rate equivalent to the 1 year treasury bill. This is the amount of money they would get if they played it safe and avoided the stock market. It's very fair not to trade the money - it shows how sometimes it's better to hold cash than be in the stock market. So it's a good barometer. The people with less than 500k are learning a lesson.
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
kyt wrote:holding cash beat any logic of market. So you're trying to say you don't hold any cash?? Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Member Joined: 3/11/2009 Posts: 27
|
TO @ProverB, Surealligator, Bankelele, Kenmac, My2cents, MuchKnow:
Going by the very informative posts you guys put up, I am surprised to see you lagging in the fantasy market. Consider taking it more seriously as I know you belong in top 30 ;-)and I suspect in the real market you are doing good.
DISCLAIMER: I am in no way an expert, just pointing out an observation.
|
|
|
Rank: Elder Joined: 12/6/2008 Posts: 3,558
|
reiner wrote:TO @ProverB, Surealligator, Bankelele, Kenmac, My2cents, MuchKnow:
Going by the very informative posts you guys put up, I am surprised to see you lagging in the fantasy market. Consider taking it more seriously as I know you belong in top 30 ;-)and I suspect in the real market you are doing good.
DISCLAIMER: I am in no way an expert, just pointing out an observation.  I was hoping no one was watching, on a serious note the real market and this one are quite different, but i will try, keep watching. Meru Holiness
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
mv_ufanisi wrote:guru267 wrote:StatBoy wrote:@Wazua, kindly resolve this matter of those who have joined and are not involved in any trading. At the moment there are 39 such people. I also like the suggestion of charging interest to those in negative cash territory. There's nothing wrong with holding cash and thats why the option exists... Guys should Just make sure you beat the dudes holding cash so they can all be in last place Those people holding cash should. be given an interest rate equivalent to the 1 year treasury bill. This is the amount of money they would get if they played it safe and avoided the stock market. It's very fair not to trade the money - it shows how sometimes it's better to hold cash than be in the stock market. So it's a good barometer. The people with less than 500k are learning a lesson. So are you saying holding cash is The same as holding T bills?? Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
|
@Reiner are those your hero's? on the contrary most people who do well on the fantansy market do well in the real market...the volumes might not be the same but the margins are the same.
|
|
|
Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
|
Cash is a position and if yot cannt understand that please leave the fantasy market and the NSE as a whole for gud.for your own safety !!!! Hahaa!! What we shld b consernd w/ are those who wld b holding cash wen the bull swing is in full force . Thats bad and they shld b deleted . So 4 now let them plan their next step . Your future depends on your dreams so go to sleep !
|
|
|
Rank: Member Joined: 3/11/2009 Posts: 27
|
the deal wrote:@Reiner are those your hero's? on the contrary most people who do well on the fantansy market do well in the real market...the volumes might not be the same but the margins are the same. @ the deal, the apostrophe in 'hero's' is completely unnecessary, heroes is the correct word ;-)Like I said, just pointing out an observation, nothing about heroes. And I disagree, I think some people are very good in the real market but do not take the fantasey market seriously and that is why they are not doing as well.You obviously take it quite seriously, and you are doing quite well. Mukiha and CNN are also edging up, that is good because they belong at the top. I have never seen a post from Kingfisher in the Investor section, yet he is doing good. These are just my observations ;-)
|
|
|
Rank: Veteran Joined: 8/16/2009 Posts: 994
|
mv_ufanisi wrote:guru267 wrote:StatBoy wrote:@Wazua, kindly resolve this matter of those who have joined and are not involved in any trading. At the moment there are 39 such people. I also like the suggestion of charging interest to those in negative cash territory. There's nothing wrong with holding cash and thats why the option exists... Guys should Just make sure you beat the dudes holding cash so they can all be in last place Those people holding cash should. be given an interest rate equivalent to the 1 year treasury bill. This is the amount of money they would get if they played it safe and avoided the stock market. It's very fair not to trade the money - it shows how sometimes it's better to hold cash than be in the stock market. So it's a good barometer. The people with less than 500k are learning a lesson. If you are #90 and you gain only Ksh1 you move a fuc....g 36pts thanks to the dudes and dudettes holding cash On serious note its seems Stanchart is doing stocksmaster some good, he has dethroned me this time  Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
qw25041985 wrote:Cash is a position and if yot cannt understand that please leave the fantasy market and the NSE as a whole for gud.for your own safety !!!! Hahaa!!
What we shld b consernd w/ are those who wld b holding cash wen the bull swing is in full force . Thats bad and they shld b deleted . So 4 now let them plan their next step . how is holding cash under your mattress an investment? These guys are not even earning a risk free return. Life is short. Live passionately.
|
|
|
Rank: Veteran Joined: 8/16/2009 Posts: 994
|
sparkly wrote:qw25041985 wrote:Cash is a position and if yot cannt understand that please leave the fantasy market and the NSE as a whole for gud.for your own safety !!!! Hahaa!!
What we shld b consernd w/ are those who wld b holding cash wen the bull swing is in full force . Thats bad and they shld b deleted . So 4 now let them plan their next step . how is holding cash under your mattress an investment? These guys are not even earning a risk free return. They are keeping their positions at least they are not bottoming the list. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
|
|
|
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
|
HAHAHAHA Maybe guys holding cash are waiting for KK @ 8bob...MSC @10bob...KCB@17bob...maybe their waiting for a margin of safety...between Cash is a great asset to anyone's portifolio how r you going to cost average if you dont have CASH...
|
|
|
Rank: Veteran Joined: 1/7/2010 Posts: 1,279 Location: nbi
|
To use a Railaism, holding cash in the fantasy game is like Iniesta watching the game from the his warm subs-bench. ABK The Governor of Nyeri - 2017
|
|
|
Rank: New-farer Joined: 8/19/2010 Posts: 49 Location: Nairobi
|
Its a market yet we have career window shoppers. how is digging a hole in the shamba and putting cash there an investment if you not talking about manure!
|
|
|
Rank: Member Joined: 7/24/2010 Posts: 238 Location: nairobi
|
The fact is a person holding his cash and waiting for an opportunity is better than one in a business of making losses.To me am learning and accepting defeat honorably. Thanks wazua, its very well executed.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi
|
Even Warren Buffett held onto lots of cash for ages in 2006-8... then when the time was ripe... he pounced! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Wazua
»
Investor
»
Stocks
»
Updates on the fantasy market
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|