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Technical Analysis 101 : NSE - Eliminate Guesswork when trading shares
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Aguytrying wrote:maka wrote:snipermnoma wrote:sparkly wrote:hisah wrote:hisah wrote:sparkly wrote:Aguytrying wrote: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 Bought some 6,000 of Kengen at 5.5 - 6.00. Intend to add more at that range next week. Playing the weekly hammer candle? Kool. May swing to 7 - 7.50 level. But I'm mean with cash this time. Still out of NSE as I focus on global markets. Btw also have a look at BBK on the weekly hammer candle. @sparkly, the rally has played out nicely  Now approaching resistance zones. Get ready to pull the sell trigger. I see a trade at 6.85/=. Supply is flooding in. I am watching keenly if demand will rise to match the supply Indeed, watch for the demand so as to decide on the next move whether to hold or sell. missed this one...crap to hesitant...5.85 to 6.58 would give you 13.45% net I would sell and wait for the next ride...NBK @ 16 pre results then off load later on at around 19 or 21 if you are too ambitious.... Greed and fear. Fearing to buy when price is low, not wanting to sell when making profit, holding out for higher returns (greed). That's why trading is soo hard the emotions John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Spikes wrote:Aguytrying wrote:maka wrote:snipermnoma wrote:sparkly wrote:hisah wrote:hisah wrote:sparkly wrote:Aguytrying wrote: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 Bought some 6,000 of Kengen at 5.5 - 6.00. Intend to add more at that range next week. Playing the weekly hammer candle? Kool. May swing to 7 - 7.50 level. But I'm mean with cash this time. Still out of NSE as I focus on global markets. Btw also have a look at BBK on the weekly hammer candle. @sparkly, the rally has played out nicely Now approaching resistance zones. Get ready to pull the sell trigger. I see a trade at 6.85/=. Supply is flooding in. I am watching keenly if demand will rise to match the supply Indeed, watch for the demand so as to decide on the next move whether to hold or sell. missed this one...crap to hesitant...5.85 to 6.58 would give you 13.45% net I would sell and wait for the next ride...NBK @ 16 pre results then off load later on at around 19 or 21 if you are too ambitious.... Greed and fear. Fearing to buy when price is low, not wanting to sell when making profit, holding out for higher returns (greed). That's why trading is soo hard the emotions Greeeeeeeed is the driving force of Securities Exchange. 6.95 Prints. Sellers coming out in numbers to entice the buyers. Buyers hesitant at 7.00 and above. Support held at 6.00 and volumes have been very vibrant since the third week of January. $$$$$$ Life is short. Live passionately.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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sparkly wrote:Spikes wrote:Aguytrying wrote:maka wrote:snipermnoma wrote:sparkly wrote:hisah wrote:hisah wrote:sparkly wrote:Aguytrying wrote: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 Bought some 6,000 of Kengen at 5.5 - 6.00. Intend to add more at that range next week. Playing the weekly hammer candle? Kool. May swing to 7 - 7.50 level. But I'm mean with cash this time. Still out of NSE as I focus on global markets. Btw also have a look at BBK on the weekly hammer candle. @sparkly, the rally has played out nicely Now approaching resistance zones. Get ready to pull the sell trigger. I see a trade at 6.85/=. Supply is flooding in. I am watching keenly if demand will rise to match the supply Indeed, watch for the demand so as to decide on the next move whether to hold or sell. missed this one...crap to hesitant...5.85 to 6.58 would give you 13.45% net I would sell and wait for the next ride...NBK @ 16 pre results then off load later on at around 19 or 21 if you are too ambitious.... Greed and fear. Fearing to buy when price is low, not wanting to sell when making profit, holding out for higher returns (greed). That's why trading is soo hard the emotions Greeeeeeeed is the driving force of Securities Exchange. 6.95 Prints. Sellers coming out in numbers to entice the buyers. Buyers hesitant at 7.00 and above. Support held at 6.00 and volumes have been very vibrant since the third week of January. $$$$$$ Good play, What's the magic right's price? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: User Joined: 1/20/2014 Posts: 3,528
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ADSS still strong .... Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Elder Joined: 6/23/2009 Posts: 13,532 Location: nairobi
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Here we go
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: 6/23/2009 Posts: 13,532 Location: nairobi
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VituVingiSana wrote:You do realize all this is 20/20 in hindsight.
That said, I applaud your call/advise to sell (not buy) safaricom.
I am a fundamental guy & I will not dip into safaricom unless it is 5/- or lower! 7 years ago, the wazua master of disguise was saying that SCOM at KES 5 was too expensive
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: 18,118 Location: Nairobi
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obiero wrote:VituVingiSana wrote:You do realize all this is 20/20 in hindsight.
That said, I applaud your call/advise to sell (not buy) safaricom.
I am a fundamental guy & I will not dip into safaricom unless it is 5/- or lower! 7 years ago, the wazua master of disguise was saying that SCOM at KES 5 was too expensive Yes! An error I made BUT it is better not to make a gain than lose money by buying a piece of crap. Do I regret it? Yes. Do I obsess over it? No. Example: I made an "Opportunity Loss" by not buying Safcom at 5/- or 10/- or even 15/-. I did not lose real money. Plus I made money by reinvesting in other shares [though not as much as I would have had I bought Safaricom]. Even Warren Buffett said he should have bought Microsoft shares back in the day. BTW, he and Bill Gates are good friends! I made a REAL loss by buying KQ at various prices [but I sold out at 13-14 in 2012]. I was lucky when I reinvested the proceeds into much bette firms/counters. Warren Buffett's 2 rules: 1) Do not lose money. 2) See Rule #1. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 8/27/2015 Posts: 138 Location: Harare
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obiero wrote:VituVingiSana wrote:You do realize all this is 20/20 in hindsight.
That said, I applaud your call/advise to sell (not buy) safaricom.
I am a fundamental guy & I will not dip into safaricom unless it is 5/- or lower! 7 years ago, the wazua master of disguise was saying that SCOM at KES 5 was too expensive Even Buffet missed Google https://www.bloomberg.co...e-blew-it-missing-googleInvestment philosophy development in progress...
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Rank: Elder Joined: 6/23/2009 Posts: 13,532 Location: nairobi
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alotoftalk wrote:obiero wrote:[quote=VituVingiSana]You do realize all this is 20/20 in hindsight.
That said, I applaud your call/advise to sell (not buy) safaricom.
I am a fundamental guy & I will not dip into safaricom unless it is 5/- or lower! 7 years ago, the wazua master of disguise was saying that SCOM at KES 5 was too expensive Even Buffet missed Google https://www.bloomberg.co...-blew-it-missing-google[/quote] It happens.. But at least Buffet is back to airlines
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: 18,118 Location: Nairobi
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obiero wrote:alotoftalk wrote:obiero wrote:[quote=VituVingiSana]You do realize all this is 20/20 in hindsight.
That said, I applaud your call/advise to sell (not buy) safaricom.
I am a fundamental guy & I will not dip into safaricom unless it is 5/- or lower! 7 years ago, the wazua master of disguise was saying that SCOM at KES 5 was too expensive Even Buffet missed Google https://www.bloomberg.co...-blew-it-missing-google[/quote] It happens.. But at least Buffet is back to airlines Only when the airlines started making money... not when they were losing money! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Technical Analysis 101 : NSE - Eliminate Guesswork when trading shares
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