Wazua
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What was your worst mistake in trading.
Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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selling KQ tomorrow at KES 5.30 while I know it shall head to KES 24 or more by mid next year. prior to that selling scom at KES 4.5 a few years back and seeing it close at KES 16 today. that was a major goof
KQ ABP 4.26
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Rank: Member Joined: 3/15/2010 Posts: 391 Location: nairobie
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obiero wrote:selling KQ tomorrow at KES 5.30 while I know it shall head to KES 24 or more by mid next year. prior to that selling scom at KES 4.5 a few years back and seeing it close at KES 16 today. that was a major goof Enyewe sold scom at 3 bob still hurting todate
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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subaru wrote:obiero wrote:selling KQ tomorrow at KES 5.30 while I know it shall head to KES 24 or more by mid next year. prior to that selling scom at KES 4.5 a few years back and seeing it close at KES 16 today. that was a major goof Enyewe sold scom at 3 bob still hurting todate  Courtesy of @Hisa and @mwekezaji pessimism. Can't imagine safaricom at 4bob. Those guys always see stocks prices going downwards, year in year out, using their charts, tables and graphs. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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dunkang wrote:subaru wrote:obiero wrote:selling KQ tomorrow at KES 5.30 while I know it shall head to KES 24 or more by mid next year. prior to that selling scom at KES 4.5 a few years back and seeing it close at KES 16 today. that was a major goof Enyewe sold scom at 3 bob still hurting todate Courtesy of @Hisa and @mwekezaji pessimism. Can't imagine safaricom at 4bob. Those guys always see stocks prices going downwards, year in year out, using their charts, tables and graphs. especially @hisah.. i never read his posts when it touches on my portfolio
KQ ABP 4.26
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Rank: New-farer Joined: 11/3/2015 Posts: 45 Location: Mombatha
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I think everybody should have an investment strategy like @hisah and @mwekezaji and it doesn't need to work like 100 percent, for me I only invest in the nse during a bull run, like 2013/2014
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Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya
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Boris Boyka wrote:Othelo wrote:Pedes wrote:Mumias..bought it at @12. This counter itanipa diabetes.But as guys are saying patience  ..patience ..patience Was going through this thread, this has just made my dull day light up.... God forgive me but truth is, whenever i read this I just uncontrollably. Ksh6.3 billion loss....you should be heading out to buy more patience
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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On this blessed Sunday as you count losses, remember that you are not alone in the devastating 2015 bear slide 1. WALMART: Buffet USD 390M loss2. IBM: Buffet USD 500m loss3. TESCO: Buffet USD 750m loss4. Eight investors loose USD 166m at the NSE
KQ ABP 4.26
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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It would be so unfair if I also do not bare it a little. Dsl. Imagine. Sitting down to weather a stocks down turn and all you got to do is do calculations of moves and you can not do anything other than be a student of muandiwambeu's xyz Co. Ltd. That's how I emerged out of 2011 bear run. I really took so many chill pills and cold tuskers. I do blame myself because the signs where real but I acted late. Sold cmc at 20 from 11 and bugged my profit but not cash. At the date of placing order I heard a lady complain that a bank xxx was not honoring Dsl cheques. My heart skipped a beat. Not sure what to do I left for my weekend to plan my strategy. After further analysis, I realized so many of my holding counters were in sale position. So the plan was ready sell all my holdings and cash out of Dsl. Come the following week the market was in a hell of a slide. None of my sale went through despite having been on best salling price range. Revised prices down by 15% and sale failed altogether- that's called a bear run. Then the annoying news came knocking. What! Statutory management ASAP. No more selling no cashing out. Imagine a section of my fellow citizens would quarter me on site if I missed a step into their pockets ever again. I got a financial divorce faster faster for messing up someone's cash on casino like investment and chilling on their chums. Lessons were plenty. Never tried to figure out the numbers lost cause I would never touch a stock again. To that I still own a chuck of Mumias shares so transfered to ksl that will always keep me cautioned.  nose so ya faint hearted. ,Behold, a sower went forth to sow;....
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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It would be so unfair if I also do not bare it a little. Dsl. Imagine. Sitting down to weather a stocks down turn and all you got to do is do calculations of moves and you can not do anything other than be a student of muandiwambeu's xyz Co. Ltd. That's how I emerged out of 2011 bear run. I really took so many chill pills and cold tuskers. I do blame myself because the signs where real but I acted late. Sold cmc at 20 from 11 and bugged my profit but not cash. At the date of placing order I heard a lady complain that a bank xxx was not honoring Dsl cheques. My heart skipped a beat. Not sure what to do I left for my weekend to plan my strategy. After further analysis, I realized so many of my holding counters were in sale position. So the plan was ready sell all my holdings and cash out of Dsl. Come the following week the market was in a hell of a slide. None of my sale went through despite having been on best salling price range. Revised prices down by 15% and sale failed altogether- that's called a bear run. Then the annoying news came knocking. What! Statutory management ASAP. No more selling no cashing out. Imagine a section of my fellow citizens would quarter me on site if I missed a step into their pockets ever again. I got a financial divorce faster faster for messing up someone's cash on casino like investment and chilling on their chums. Lessons were plenty. Never tried to figure out the numbers lost cause I would never touch a stock again. To that I still own a chuck of Mumias shares so transfered to ksl that will always keep me cautioned. nse sio ya faint hearted.  ,Behold, a sower went forth to sow;....
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