Wazua
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Trading by instinct
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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That gut feeling, that silent advisor. It tells you buy X. You buy, or you ignore, or your conscious mind kicks in and convinces you otherwise. Either way the price movement very shortly afterwards vindicate you. I have obliged my gut feelings to make some good deals. I have also hesitated and lost on some good deals with money at hand. I hesitated get into msc @ 3.20, to add on Nic @ 29, kkzi @32, to buy kenol @48. I have resolved to pay more attention to my instincts. Life is short. Live passionately.
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Rank: Member Joined: 12/3/2008 Posts: 113
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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There is a book called Blink... Nice read... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:There is a book called Blink... Nice read... author? Life is short. Live passionately.
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Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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@Sparkly, Blink:The power of thinking without thinking by Malcolm Gladwell.You might also want to read,'What the dog saw" by the same dude.....very interesting reads. Nothing great was ever achieved without enthusiasm.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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sparkly wrote:VituVingiSana wrote:There is a book called Blink... Nice read... author? Kwani... google isnt working? Malcolm Gladwell... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 5/31/2008 Posts: 1,076
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Instincts can also lead you down the garden path. Very unchartered way to go. Dunia ni msongamano..
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Rank: Veteran Joined: 7/24/2008 Posts: 781
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Unless you have developed what is called "ticker sense" a sort of 6th sense that warns the very experienced speculators about impending danger,thats the easiest way to part with your money. There is no substitute for research,intelligent reasoning and nerves of steel. The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:There is a book called Blink... Nice read... author? Kwani... google isnt working? Malcolm Gladwell... looked at the reviews. Looks like a very interesting read. Not able to hit the e-book with the PST though. Anyone with the e.book? Life is short. Live passionately.
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Rank: Member Joined: 9/22/2008 Posts: 79
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Anyone one with the e-book please send it over to me via this email jameskagira@gmail.com
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Rank: New-farer Joined: 1/20/2010 Posts: 2 Location: nairobi
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qiute true....hesitated gtn safcom @ 2.40 with cash at hand,2-3wks later awaz lyk WTF....beta blv in em ...lesson learnt
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Rank: Member Joined: 2/22/2010 Posts: 510 Location: De egg
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Always listen to that inner voice  Peace be with you
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Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
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i happen to bear this gift that sparkly refers to.. remember KCB @17, HFCK @16, BoK @19, SCOM @2.90, COOP @6
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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obiero wrote:i happen to bear this gift that sparkly refers to.. remember KCB @17, HFCK @16, BoK @19, SCOM @2.90, COOP @6 Usisahau KQ...  http://www.businessdaily...2/-/145esfi/-/index.htmlGreedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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obiero wrote:i happen to bear this gift that sparkly refers to.. remember KCB @17, HFCK @16, BoK @19, SCOM @2.90, COOP @6 obiero on Wednesday, November 14, 2012 5:37:14 PM wrote: @guru called KCB guru267= Monday, September 20, 2010 7:40:32 AM wrote:Sabina wrote:Gentlemen & Ladies some ideas from you is KCB abuy ,sell or Hold? Its a buy below 19. The diamond, you disembarked too fast/early tho you called it "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
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VituVingiSana wrote:[quote=obiero]i happen to bear this gift that sparkly refers to.. remember KCB @17, HFCK @16, BoK @19, SCOM @2.90, COOP @6 Usisahau KQ... http://www.businessdaily.../-/145esfi/-/index.html[/quote] KQ sisemi kitu sasa hivi
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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@All the inner voice tells me that Kenya re will outperform the market. Life is short. Live passionately.
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Rank: New-farer Joined: 3/1/2014 Posts: 82
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When stuck between two decisions, flip a coin and when its in midair, deep down, you'll want a certain outcome and listen to that voice. “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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Rank: Veteran Joined: 8/16/2009 Posts: 994
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sparkly wrote:@All the inner voice tells me that Kenya re will outperform the market. Tell them again. This is not just abt instincts but also fundamentally sound. Once this bus leaves the stage, there will be no time to bargain. 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.
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Rank: Hello Joined: 10/15/2014 Posts: 1
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instincts are so correct, only actions are limited. i remembr exactly on 28/09/2014 i applied for 200 kenya orchads shares but th broker was wondering wat i was thinkng on such an equity, today th shares is at sh135! barely less than 2 months. we! fo th ist time i know what is 'smilling all th way to th bank' All through time people have basically acted & reacted the same way in the market as a result of fear, greed, ignorance & hope. That is why numerical formations & patterns recur on a costant basis.
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Trading by instinct
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