Don't rely on any of these Brokers.Hakuna Good or Bad Brokers..They r all the same... This money is urs and it's u and u alone who'll be responsible if it grows or deminishes in value.U r in the diaspora and must be having libraries around you, nenda ukasome Mamaa for a week or so on how trades are done and all that surrounds Stock Markets.Then get back to Wazua and read all comments from Gurus here alafu make a move..Polepooooole don't b in a hurry ..This Market is here to stay....and as someone said here ....Opportunities are like Buses moja ikienda another one is on the way comming....Take ur time.. Ati a broker to guide you . Na iyo pesa kama ni nyingi si we join hands and do some construction work back home All teh Best.

Guys, I was not suggesting that a broker be used as a guide. However, a good broker counts too. Fast execution of an order at/close to your order price reduces the emotional burden while trading. Nobody can ignore that.
About the broker recommending a trade, this is your choice and @gems situation was different since she was relying on D&BS ADVICE WHICH WAS COMPLETELY FLAWED.

Appreciate your advise too. I will read more on this but since i cant trade from here or so i hear, i need someone to do it for me. I am not investing all in stocks, I have ventured into real estate/construction and the good and faithful guys back home have taken 150, 000 so far from me and i cant get approvals for drawings. I guess if they don't approve, i cant built and its very frustrating. Lands gave me the run arounds when i was in Kenya and 4 weeks flew by without ever getting much accomplished. I don't know if we all go through this many challenges but i have gotten my share of them, i wished they would ease up some.

@Kizee i totally disagree with you if you average your accounts are much easier to manage and if you treat each buy as a different position in your books it still doesnt change the fact that you are AVEREAGING....

@gems choosing whether to average or to sell is all dependent on the fundamentals... if the price is falling because the companies fundamentals become negative then by all means sell...

but if the price is being brought down by things like market worries, profit taking and foreign outflows then thats your opportunity to buy good companies at bargain prices by all means average...

i give KCB a "screaming sell" recommendation due to little possibility of capital gains

@gems, recognition of your disease is the first step to your cure. congrats for asking for help.

Every investor knows that you should buy when the market/ share is low and sell when it is high.

However, no one knows the high nor the low - not even your broker, investment advisors, centum (look for their 2009 accounts), cfc stanbic holdings(they got really burn't last year).

Most wazuans got burn't in the 2008-9 bear (ask them).

unfortunately you entered the market at the peak, when it looked like the only direction for stocks would be up up up (as @qw says).

You were probably influenced by family, colleagues and friends who could not stop talking about how much they had made.

Right now you are in the thick of it. You must stop relying on your broker and friends for advice. Take it as serious business.

BTW KCB, SAFCOM and Access are not very bad investments. I would say your broker advised you well.

I agree on most of the posts above.

Before you take any step on your position, get yourself a copy of the "intelligent investor" and read it twice.

Post your email and i will send you the e-book free of charge.