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Fantasy Market Game
youcan'tstopusnow
#41 Posted : Wednesday, August 04, 2010 12:55:06 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
hmsbarman wrote:
@2012, I know all that process! But the wazuan market is better, no brokers headache, the commission charged is fair furthermore the deals are executed within 24hrs. You know what I mean.

hmsbarman, kwani what pecentage of your purchase/sell order are you charged by your broker? I thought the Fantasy Market charged the standard 2.1 percent commision
GOD BLESS YOUR LIFE
youcan'tstopusnow
#42 Posted : Wednesday, August 04, 2010 5:10:32 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
guru, I've noticed I'm only Ksh. 160/= behind you in the fantasy market. Nakuja!
GOD BLESS YOUR LIFE
guru267
#43 Posted : Wednesday, August 04, 2010 5:14:27 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
youcan'tstopusnow wrote:
guru, I've noticed I'm only Ksh. 160/= behind you in the fantasy market. Nakuja!

Patience... Did you notice that i'm holding the most cash?? When i invest that money you'll be choking on my dust
Mark 12:29
Deuteronomy 4:16
qw25041985
#44 Posted : Wednesday, August 04, 2010 5:20:29 PM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
Guru.Are u preparin 4 a bear market ?! Hahaha. Or u ar waitin 4 the referendum results ?! Its a big yes vote bythaway !
Your future depends on your dreams so go to sleep !
youcan'tstopusnow
#45 Posted : Wednesday, August 04, 2010 5:29:06 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
guru267 wrote:
youcan'tstopusnow wrote:
guru, I've noticed I'm only Ksh. 160/= behind you in the fantasy market. Nakuja!

Patience... Did you notice that i'm holding the most cash?? When i invest that money you'll be choking on my dust

BRING IT ON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! By the way, there are guys who have barely touched their money. I believe these are the Prophets of Doom...
GOD BLESS YOUR LIFE
guru267
#46 Posted : Wednesday, August 04, 2010 5:29:43 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
qw25041985 wrote:
Guru.Are u preparin 4 a bear market ?! Hahaha. Or u ar waitin 4 the referendum results ?! Its a big yes vote bythaway !

I'm being patient but it is clear that its a YES win
Mark 12:29
Deuteronomy 4:16
youcan'tstopusnow
#47 Posted : Thursday, August 05, 2010 11:35:44 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
guru, who is choking on whose dust now? haha!
GOD BLESS YOUR LIFE
youcan'tstopusnow
#48 Posted : Thursday, August 05, 2010 11:40:33 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
We have a new leader and he is sniffing the 600K mark
GOD BLESS YOUR LIFE
tkzee
#49 Posted : Thursday, August 05, 2010 11:41:55 AM
Rank: Member


Joined: 7/13/2010
Posts: 160
Location: rift Valley-Naks
The fantasy market is not affected by supply of shares?and the T+3 days settlement?
''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
youcan'tstopusnow
#50 Posted : Thursday, August 05, 2010 11:44:18 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
tkzee wrote:
The fantasy market is not affected by supply of shares?and the T+3 days settlement?

tkzee, it would be impossible for Wazua to create such a market
GOD BLESS YOUR LIFE
tkzee
#51 Posted : Thursday, August 05, 2010 11:53:11 AM
Rank: Member


Joined: 7/13/2010
Posts: 160
Location: rift Valley-Naks
@you cant,it will be quite hard to make a loss.all in all its very interesting.
''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
Gatheuzi
#52 Posted : Thursday, August 05, 2010 12:47:50 PM
Rank: Veteran


Joined: 8/16/2009
Posts: 994
youcan'tstopusnow wrote:
guru267 wrote:
youcan'tstopusnow wrote:
guru, I've noticed I'm only Ksh. 160/= behind you in the fantasy market. Nakuja!

Patience... Did you notice that i'm holding the most cash?? When i invest that money you'll be choking on my dust

BRING IT ON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! By the way, there are guys who have barely touched their money. I believe these are the Prophets of Doom...


I spent all my cash and got an overdraftLaughing out loudly Laughing out loudly

It seems QW also joined the game - you know which page to look for him.

@ wazua - can we have positions listed against the name? This way we don't have to manually count to determine the ranking.
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.
Blackout
#53 Posted : Thursday, August 05, 2010 1:30:16 PM
Rank: New-farer


Joined: 7/20/2010
Posts: 81
Location: humu nchini
How did the debate turn to Muganda?

hiiii Muganda...si ingekuwa Mkenya...alkin mimi naona ni ile ya clay court...na ile magazine yao na gava spokesman....hiyo magazine inaitwa
suwan
#54 Posted : Thursday, August 05, 2010 1:51:37 PM
Rank: Member


Joined: 11/18/2009
Posts: 176
Am I daft or what? I dont seem to understand this game...what is that negative cash
Someone elaborate
suwan
#55 Posted : Thursday, August 05, 2010 2:03:58 PM
Rank: Member


Joined: 11/18/2009
Posts: 176
while at it...please explain to me the buying process
Gatheuzi
#56 Posted : Thursday, August 05, 2010 3:15:17 PM
Rank: Veteran


Joined: 8/16/2009
Posts: 994
@suwan,

Negative cash is when your orders are in excess of available funds. Your portfolio is adjusted by the same amount.

To buy you just register with your username and password, then place order.
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.
wazua
#57 Posted : Thursday, August 05, 2010 3:27:17 PM
Rank: Administration


Joined: 11/19/2009
Posts: 679
Dear @suwan,

Fantasy is a online simulation of the NSE. All members are alloted same amount of initial funds which they use to model buy/sell on counters on the NSE.

To Join:
1. Simply click on http://www.wazua.co.ke/investor...tasy.aspx]Fantasy Market and click Join Now

To make your first purchase:
2. Go to the My Portfolio option from the Fantasy Market screen
3. Simply select the Make Order option to pick a counter and your quantity. You only have Kes 500,000 to spend.
4. Please select the Rules option to further understand criteria considered in making an order

Fantasy matches your order to the market and allots you the shares requested. Every day, on live basis, a valuation of your portfolio is done to determine your position.

Fantasy deducts 2% commission on every trade while also allowing you to use your full cash balance. So if you bought shares worth the full Kes 500,000 in one transaction, your account would show a -ve cash value equal to the commission. This would be netted off when you execute the next trade.

Welcome to Wazua.
guru267
#58 Posted : Thursday, August 05, 2010 4:31:48 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
youcan'tstopusnow wrote:
guru, who is choking on whose dust now? haha!

Every dog has its day.... I'm not far behind..
Mark 12:29
Deuteronomy 4:16
qw25041985
#59 Posted : Thursday, August 05, 2010 5:08:52 PM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
@guru. Strickly speaking u cannt call urself a dog . A bitch wld b mo' appropriate. . A bitch is a female dog . No pun intended . Eheheh.
Your future depends on your dreams so go to sleep !
sheep
#60 Posted : Thursday, August 05, 2010 5:25:45 PM
Rank: Veteran


Joined: 7/24/2008
Posts: 781
what a shame...big egos never make money in the market.
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.
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