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What was your worst mistake in trading.
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Mukiri
#81 Posted : Tuesday, July 08, 2014 12:21:05 AM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
littledove wrote:
left cfc at 110, housing finance at 33, and panafr at 105 and joined jubilee ins, kenol and kplc. the gains at jubilee are swallowed by kplc loss, u cant imagine how i feel when i look at the prices

You are not alone... Exited HF and Equity for KP. Lesson=Even Wazua noisemakers get it wrong.

Proverbs 19:21
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Kastone
#82 Posted : Tuesday, July 08, 2014 9:50:54 AM
Rank: New-farer

Joined: 3/1/2014
Posts: 82
Bought mumias at 4.5 on hopes of play to recovery.
Lesson learnt, wait for something proven on a company and not just based on promises
“The beauty of success is that it doesn’t matter how many times you have failed, you only have to be right once and then everyone can tell you how lucky you are.” - Mark Cuban
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Boris Boyka
#83 Posted : Saturday, July 12, 2014 12:30:49 AM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
I bought MSC @ 4.50 my teacher's strong recommendation; ulcers I sold @ 3.50, strive to be better than your teacher who may not be at per with current matters, I spread the loss into my 3 other stocks I had one of them KQ & left Unga nyinyi manajua what is. I should have heed to nearly all wazuans call or better still put the money in www.winda.co.ke so that if it fails I blame the investor not myself. Fearful when others are greedy must apply to co. whose fundamentals are good!! Haha hehe @obiero Hiyo ni sales nipewe commission yangu ASAP
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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  | | Edit by user: Saturday, July 12, 2014 12:34 AM | Reason: Not specified
gatoho
#84 Posted : Saturday, July 12, 2014 7:21:56 AM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
akowally wrote:
Mine seems to be this safaricom share. Kwani when will it fika the 12 bob I was waiting for.

Romans 8:28 (New International Version)
More Than Conquerors
And we know that in all things God works for the good of those who love him,who have been called according to his purpose.

Foresight..
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gatoho
#85 Posted : Saturday, July 12, 2014 7:23:40 AM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
mukiha wrote:
Bought 5,000 Kenya Finance shares when the price dropped from 18 to 12. But the bigger mistake was to convince two of my friends to invest in the same stock. Less than a year later,the bank collapsed!

My friends still remained,one eventually agreed to marry me!

So the mistake was marrying her? Jk
Foresight..
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kiash
#86 Posted : Saturday, July 12, 2014 11:34:38 AM
Rank: Veteran

Joined: 4/27/2010
Posts: 951
Location: Nyumbani
Mine was to miss out on Equity IPO, i delayed sending the chumes back then. Then i watched the shares panda mpaka split. I got in after split, but wish i sent the monies during the IPO. I saw the same for EACBLS when they fikad sijui 600 and split, i got in and bought @ 50 thinking it was going to rally again we all know where it is right now. Been trying to buy at current price hoping to recoup when they go up kidogo.
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mwenza
#87 Posted : Saturday, July 12, 2014 11:47:50 AM
Rank: Elder

Joined: 4/22/2009
Posts: 2,863
kiash wrote:
Mine was to miss out on Equity IPO, i delayed sending the chumes back then. Then i watched the shares panda mpaka split. I got in after split, but wish i sent the monies during the IPO. I saw the same for EACBLS when they fikad sijui 600 and split, i got in and bought @ 50 thinking it was going to rally again we all know where it is right now. Been trying to buy at current price hoping to recoup when they go up kidogo.


Equity Bank hit the market via introduction not IPO!
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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obiero
#88 Posted : Sunday, July 13, 2014 1:34:33 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,220
Location: nairobi
Boris Boyka wrote:
I bought MSC @ 4.50 my teacher's strong recommendation; ulcers I sold @ 3.50, strive to be better than your teacher who may not be at per with current matters, I spread the loss into my 3 other stocks I had one of them KQ & left Unga nyinyi manajua what is. I should have heed to nearly all wazuans call or better still put the money in www.winda.co.ke so that if it fails I blame the investor not myself. Fearful when others are greedy must apply to co. whose fundamentals are good!! Haha hehe @obiero Hiyo ni sales nipewe commission yangu ASAP

Thanks for the shout out. 57 members and growing.. Promise more regular updates, going forward

KQ ABP 4.26
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Kastone
#89 Posted : Monday, July 14, 2014 2:02:43 PM
Rank: New-farer

Joined: 3/1/2014
Posts: 82
There's one thing about getting caught up in the moment and making rush decisions and then your broker fuels it.
Lesson learned; To know what not to invest in is as equally important. Glad not to have boarded the KQ bus
“The beauty of success is that it doesn’t matter how many times you have failed, you only have to be right once and then everyone can tell you how lucky you are.” - Mark Cuban
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wannaberich
#90 Posted : Monday, July 14, 2014 4:12:36 PM
Rank: Member

Joined: 4/24/2014
Posts: 159
Location: Nairobi
Worst mistakes i ever made in the NSE

1.Bought safcom during the IPO at 5 bob. sold at 2bob. look at it now at 12 smthng

2.Britam (britak) during ipo at 9 bob sold at 6/- its now at 21

3. WORST DECISION EVER buying Mumias at 3.75 and still holding on to it as it plummets to the ground. Im thinking i should bail at 2.7/- or i should follow the lessons i learnt the hard way ie. NEVER SELL AT A LOSS

Note to self.
Money comes and goes. When you have it enjoy it.
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  | | Edit by user: Monday, July 14, 2014 4:22 PM | Reason: Not specified
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