Othelo wrote:mibbz wrote:Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB
Currently doing this specifically on ADSS. But requires daily following to establish points of exhaustions at both ends. Then also make exit point which you MUST leave regardless to avoid greed.
Maintain your initial capital and dont reinvest gains out of the speculation trades - use this for other serious investments.
Stop loss - 15%.
I just have a simple question, how much percentage growth did you (and other speculators) make last year by using this method?
This need of constant activity in the market comes at a great price.
Speculating is one step forward and two step back. MOST success is in a rising bull market.
Bear market? Mutachomeka sana
The investor's chief problem - and even his worst enemy - is likely to be himself