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What was your worst mistake in trading.
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obiero
#71 Posted : Friday, July 04, 2014 9:38:54 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,220
Location: nairobi
Magnate wrote:
speculated in KQ after a positive H1 turnaround results..then came the FY. simply the bird has refused to fly.This has given me the shave of the year

surely this cannot be your worst mistake.. at how much did you purchase and at what price is it now trading

KQ ABP 4.26
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Magnate
#72 Posted : Friday, July 04, 2014 10:28:30 PM
Rank: Member

Joined: 11/1/2013
Posts: 257
obiero wrote:
Magnate wrote:
speculated in KQ after a positive H1 turnaround results..then came the FY. simply the bird has refused to fly.This has given me the shave of the year

surely this cannot be your worst mistake.. at how much did you purchase and at what price is it now trading


i bought KQ at 11.9 ,recently got impatient as i am expecting movements in HFCK,ICDC, sold at 10.5,got a shave of approx 12% my worst sale for the year, returned to HFCK at 41 with the proceedings
For KQ i have just stepped aside al be back later.
No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
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  | | Edit by user: Friday, July 04, 2014 10:31 PM | Reason: Not specified
Boris Boyka
#73 Posted : Friday, July 04, 2014 10:50:51 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
Magnate wrote:
obiero wrote:
Magnate wrote:
speculated in KQ after a positive H1 turnaround results..then came the FY. simply the bird has refused to fly.This has given me the shave of the year

surely this cannot be your worst mistake.. at how much did you purchase and at what price is it now trading


i bought KQ at 11.9 ,recently got impatient as i am expecting movements in HFCK,ICDC, sold at 10.5,got a shave of approx 12% my worst sale for the year, returned to HFCK at 41 with the proceedings
For KQ i have just stepped aside al be back later.

@magnate it's your worst True but comparing it with other worst trading mistakes of 30% - 90% shaving of wazuans yours isn't worth a mention. ever heard of "if you go to hospital sick you find other patients unapona na kurudi nyumbani bila kuona daktari"
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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  | | Edit by user: Saturday, July 05, 2014 7:31 AM | Reason: Not specified
Wondergirl
#74 Posted : Saturday, July 05, 2014 9:55:05 PM
Rank: Member

Joined: 9/12/2009
Posts: 312
jawgey wrote:
Wondergirl wrote:
jawgey wrote:
Jumped greedily into carbacid immediately after split and bonus @57bob.. I've seen it drop to 27bob.

All is not lost but I should have waited.

You shall not walk alone in this. Me too, my broker made the mistake of buying for me ex rights and before the rights we uploaded.....


I however do have great confidence in the company's performance so I've been accumulating more at lower prices..

Please tell me more,I intend to offload my HFCK shares once I can attain 50, I need convincing that averaging down Carbacid is not throwing good money after bad money.
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jawgey
#75 Posted : Sunday, July 06, 2014 8:19:04 PM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
Wondergirl wrote:
jawgey wrote:
Wondergirl wrote:
jawgey wrote:
Jumped greedily into carbacid immediately after split and bonus @57bob.. I've seen it drop to 27bob.

All is not lost but I should have waited.

You shall not walk alone in this. Me too, my broker made the mistake of buying for me ex rights and before the rights we uploaded.....


I however do have great confidence in the company's performance so I've been accumulating more at lower prices..

Please tell me more,I intend to offload my HFCK shares once I can attain 50, I need convincing that averaging down Carbacid is not throwing good money after bad money.


Good returns in terms of div although this year's interim was lower compared to last year attributed to lower sales in south Africa. Going forward the demand for carbon dioxide is still high.. other companies eg. bidco wants to start a soft drink company. Bottom line it's a good company with no envisaged threat to performance. Hope that convinces you @wondergirl
Seeing is believing
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Boris Boyka
#76 Posted : Sunday, July 06, 2014 8:43:25 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
This thread reads " your worst mistake in trading" now you ppl have hijacked it to "is carbacid a good pick now" or blah blah. washana na iyo mistakes ziingie!!!
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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jawgey
#77 Posted : Sunday, July 06, 2014 8:59:35 PM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
Boris Boyka wrote:
This thread reads " your worst mistake in trading" now you ppl have hijacked it to "is carbacid a good pick now" or blah blah. washana na iyo mistakes ziingie!!!


pole for digressing but 'side notes' ni muhimu pia .. it's everybody's aim to avoid mistakes and it also follows that everybody who makes a mistake endeavours to avoid repeating it.
Anyway back to the worst/hilarious mistakes! smile
Seeing is believing
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Wondergirl
#78 Posted : Monday, July 07, 2014 10:38:07 AM
Rank: Member

Joined: 9/12/2009
Posts: 312
Boris Boyka wrote:
This thread reads " your worst mistake in trading" now you ppl have hijacked it to "is carbacid a good pick now" or blah blah. washana na iyo mistakes ziingie!!!

hehe @ Boris, in the earlier times of SK, we allowed digressing, in fact we had a name for it , we called is thread mutation... its a perfectly accepted phenomena as we quest for knowledge. That is how we learn. You should open one thread in Life section on allowing gays in P.C.E.A church, and see how it turned out to be a debate on Christinity Versus Islam.smile
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littledove
#79 Posted : Monday, July 07, 2014 10:52:08 AM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
Boris Boyka wrote:
This thread reads " your worst mistake in trading" now you ppl have hijacked it to "is carbacid a good pick now" or blah blah. washana na iyo mistakes ziingie!!!

smile carbacid people are very aggressive, i made mistake on it with small amount courtesy of ''carbacid set for come back'' the starter of that thread owe me something
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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SittingPretty
#80 Posted : Monday, July 07, 2014 6:42:36 PM
Rank: Member

Joined: 2/16/2013
Posts: 123
Location: MSA
littledove wrote:
Boris Boyka wrote:
This thread reads " your worst mistake in trading" now you ppl have hijacked it to "is carbacid a good pick now" or blah blah. washana na iyo mistakes ziingie!!!

smile carbacid people are very aggressive, i made mistake on it with small amount courtesy of ''carbacid set for come back'' the starter of that thread owe me something

@littledove that rings familiar. I also did a hop skip with carbacid and left a bad test in the mouth. KK and Kengen have forced me to be an "investor".
But I think if you loss more than a third on a stock, you are trapped for the long haul. The rest will just be consolation stories.
Timely advice is as lovely as golden apples in a silver basket. Proverbs 25:11
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