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Short Term Trading
guru267
#11 Posted : Friday, June 07, 2013 12:26:13 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
JBauer... Your approach to the NSE will leave you weeping sooo hard you will wish you were back on 24 season 9!!!
Mark 12:29
Deuteronomy 4:16
WAGUMA
#12 Posted : Friday, June 07, 2013 12:34:14 PM
Rank: Member

Joined: 7/11/2008
Posts: 21
Buy into the blue chip counters...eabl,nmg etc they make the margins u want on almost a daily basis or buy the likes of kcb,scan group etc.Mcs is a dying horse,wachana nayo
freiks
#13 Posted : Friday, June 07, 2013 12:35:00 PM
Rank: Veteran

Joined: 6/8/2010
Posts: 1,734
jerry wrote:
guru267 wrote:
JBauer wrote:
If you were given Sh.1000000 to invest in stocks and sell once there is a small margin, maybe from Sh.2 to Sh.4 onwards. Which counter would you buy and why?


@JBauer you could try getting into BAT at 550 and selling at 552 or 554... That would be perfect for an investor like you!!! Drool

For once @guru267 seems to be kidding with a soon to be newbie!. @JBauer; Calculate your gains/losses in percentages. Sell or buy orders attractive 2.1% (1.82% for sums of more than 100k) on both sides. Don't forget 2/= stamp duty for every 10k worth of order. Transanction fees, EFT, MPESA,Phone calls , email/SMSs, RTGS... Go for the PAKA!!!

PAKA would be the best. WHY!!!! volumes
Life is an endless adventure
SittingPretty
#14 Posted : Friday, June 07, 2013 3:36:11 PM
Rank: Member

Joined: 2/16/2013
Posts: 123
Location: MSA

Play with CIC,Safcom or Britam.These are very good for traders.But know when to buy and sell

You will need to read and understand Volume spread analysis
[/quote]

Can I get that from my broker. have tried setting up from scratch, and its sure a hassle even for two counters!
Timely advice is as lovely as golden apples in a silver basket. Proverbs 25:11
The optimist
#15 Posted : Friday, June 07, 2013 3:45:05 PM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
guru267 wrote:
JBauer... Your approach to the NSE will leave you weeping sooo hard you will wish you were back on 24 season 9!!!
Laughing out loudly Laughing out loudly Laughing out loudly Nice one.
Angelica _ann
#16 Posted : Friday, June 07, 2013 5:34:29 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Don't try, you will have heart attack for nothing.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Metasploit
#17 Posted : Friday, June 07, 2013 6:35:46 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Hope may be the most dangerous of all human emotions when it comes to trading

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
maka
#18 Posted : Friday, June 07, 2013 9:53:17 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Angelica _ann wrote:
Don't try, you will have heart attack for nothing.

NEVER...
possunt quia posse videntur
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