Wazua
»
Investor
»
Stocks
»
PLAYING THE MARKET-A NEW YEAR RESOLUTION
Rank: Veteran Joined: 7/24/2008 Posts: 781
|
It is evident we've lost stockmaster for good.I hope he logs in with a different name(mwanahisa)!! 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.
|
|
|
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
|
@ all stockmaster made over 50% on mumias alone...he is the reason why you guys post your transactions here...before him nobody had the audacity to do that...instead of saying he is gone for good give the guy a round of applause...
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
@Stockmaster where are you? Your character is now under the wazua microscope. A (wo)man's true xter shows under pressure. Will you come out and say 'i would rather die than resign' or 'i am sorry to all those who i have disappointed.' ... Lol I hope you are not waiting to emerge, tooting your horn 'i told you so' when saf makes 20%. people are quietly making +200% in agrics! Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
the deal wrote:...instead of saying he is gone for good give the guy a round of applause... @thedeal we did, remember...its the silence thats too much now. He/she promised to update us, am still amazed by the initial bravery Life is short. Live passionately.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
|
Why are you on @stockmaster case? He made the choices... He is already 30-40% up in 3 months... Just wait... I held onto WTK for ages (have not sold yet)... but I am happy! And I expect super profits as well for 2010 Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Veteran Joined: 8/16/2009 Posts: 994
|
Iam sure there are some who invested following stockmaster's model. Sorry but you are now on your own. 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.
|
|
|
Rank: Member Joined: 12/3/2008 Posts: 113
|
NBK here come.its about to shoot no one is selling anyone saw the demand but no supply from wednesday to friday.
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
sparkly wrote:@Stockmaster where are you? Lol I hope you are not waiting to emerge, tooting your horn 'i told you so' when saf makes 20%. people are quietly making +200% in agrics! @sparkly @stockmaster's strategy was purely speculation oriented... it doesnt really matter if others are making 200% in agrics( this is not a true statement as of NSE close on friday) but it all depends on investors goals.... i admit safcom has really underperformed the market this year so far but it can very easily meet @stockmaster goals especially running towards results.... Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
|
people... @stocksmaster has 9 more months... So why are you clamoring for his head when speculation can go either way... And I think he will do better than most of us by 31 Dec 2010 Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
@guru267 didn't mean to sound critical, just expressing many followers' frustration at being left hanging. Can't remember another thread i have followed more religiously. And of course am curious to see if his method can beat the market. Life is short. Live passionately.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
|
@sparkly - Well... unless he finds a new buy why wud he sell at a loss? I think he is waiting for safcom results... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
VituVingiSana wrote:@sparkly - Well... unless he finds a new buy why wud he sell at a loss?
I think he is waiting for safcom results... . i know i'm definately waiting for the results before my next move with my remaining holdings in this counter Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
DAMN!!! my broker told me this morning to expect a fall a big fall Access Kenya this morning since they had received a large number of market price sell orders yesterday... i think investors are way too tired of its sticky price and underperfomance... Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Member Joined: 9/26/2006 Posts: 410 Location: CENTRAL PROVINCE
|
I have been away for about five weeks on my other passion which is trading in medicaments (am a Pharmacist). I usually take short breaks from shares trading to ensure that am not totally consumed by the adrenaline rush that characterises speculation.
I believe that as a speculator, it is important to periodically take your eyes from the ball (NSE). This affords one an opportunity to return to the market and view it with some degree of freshness. It buffers me from the dangerous habit of being too attached to the game (some at Wazua call it being married to shares).
A thin line exists between speculation and gambling. Too much focus/attachment to the market and a speculator easily becomes a gambler.
Now, back to my Portfolio:
CURRENT POSITION:
120,000 SAFCOM SHARES @ KSH 5.50 = KSH 660,000
Less 2% (Transaction cost on disposal)=KSH 13,200
Recoverable Value of Safcom shares = KSH 646,800
ADD Cash in Hand = KSH 122,430
Total Value of cash & shares = Ksh 769,230
From my initial investment of Ksh 527,850 ; I am still up about 46%.
I will be evaluating the market this weekend for a possible activity next week.
Although Safaricom has not appreciated in the six to seven weeks I have held it, am happy it has preserved my capital (We seem to forget that a share can swing in either direction).
Happy hunting.
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
Welcome back @stocks'makmende' we missed you Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
|
@ stocks master is a pharmacist....guys with economics can u please stand up...this guy is beating u guys at ur own game....@ sparkly ati stocks makmende...lol.
|
|
|
Rank: Veteran Joined: 7/24/2008 Posts: 781
|
He's back!!! Your break made you miss Agriculturals,you would have been untouchable by now.I think its necessary to always follow what the market is doing...focus on a group of stocks which seem to have potential/activity.its been my observation that stocks which break their resistance levels move higher and higher..print the charts draw trendlines,mark the pivotal/resistance points,observe for the classical patterns,note the volumes,moving day averages and macro-indicators and make commitments according to your convictions..if your right you make money....and there can be no money sweeter than that of successful trades that you've discovered on your own...two and half years down the line and I am seriously addicted to this game...though the experiences with brokers/criminals is nothing to be cherished,utakufa mapema from undue stress...and I am thinking of sticking to a buy and hold fundamentally based policy to have peace in my life. 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.
|
|
|
Rank: Veteran Joined: 6/17/2009 Posts: 1,619
|
@stocksmaster,we share a profession.I could me intrested in how you are playing the other line,i am in retail.Meanwhile i wait to see the next move you make.
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
the deal wrote:@ stocks master is a pharmacist....guys with economics can u please stand up...this guy is beating u guys at ur own game.... @the deal ati which economists is he beating?? Definately not me... Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
the deal wrote:@ stocks master is a pharmacist....guys with economics can u please stand up...this guy is beating u guys at ur own game....@ sparkly ati stocks makmende...lol. @the deal stocks'makmende' amerudi he he he Life is short. Live passionately.
|
|
|
Wazua
»
Investor
»
Stocks
»
PLAYING THE MARKET-A NEW YEAR RESOLUTION
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|