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DAILY COUNTERS BRIEFINGS
Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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I was thinking, maybe we should start confessing the counters we have made money with or planning to make money in the shortest period of time on a daily basis: The main objective is to make people more active in trading, I think it will be fun. Below are mine for today:
Bought kengen today @ 13.75 sold it today @ 15.05 and 15 respectively
KCB bought it @ 22.5 today planning to sell it kesho @25
Nic bought @ 43.5 sold @ 47 today
Kenya re bought @ 9.30 yesterday, just remembered I forgot to sell it today!!!!
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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@Lovely you bought Kenya Re yesterday?On a Sunday?And sure u r telling us the truth? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi
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lovely2010 wrote:I was thinking, maybe we should start confessing the counters we have made money with or planning to make money in the shortest period of time on a daily basis: The main objective is to make people more active in trading, I think it will be fun. Below are mine for today:
Bought kengen today @ 13.75 sold it today @ 15.05 and 15 respectively
KCB bought it @ 22.5 today planning to sell it kesho @25
Nic bought @ 43.5 sold @ 47 today
Kenya re bought @ 9.30 yesterday, just remembered I forgot to sell it today!!!!
Kwani which market are you in? Buying and selling the same day? Kwani the Trading cycle doesn't touch you and i thought or rather i know that the prompt board was scrapped from the NSE! The spreads you are showing are very funny coz for example Kengen's low was 14.85 & had a high of 15.45!  'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Rank: New-farer Joined: 7/6/2010 Posts: 25
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@Lovely, the NSE prices indicate the lowest price of Kenya-Re for the day (last week on Friday) was k.sh 9.90 with a total of 20,600 shares traded. Was your purchase price of k.sh 9.30 from odd volumes or is the NSE price list wrong?
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Rank: Member Joined: 12/15/2010 Posts: 162
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lovely2010 wrote:KCB bought it @ 22.5 today planning to sell it kesho @25
Kenya re bought @ 9.30 yesterday, just remembered I forgot to sell it today!!!!
Which board are u utilizing to be able to sell at T+1. I use the normal board and the settlement period is T+4
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Lek wrote:@Lovely, the NSE prices indicate the lowest price of Kenya-Re for the day (last week on Friday) was k.sh 9.90 with a total of 20,600 shares traded. Was your purchase price of k.sh 9.30 from odd volumes or is the NSE price list wrong? @Lek, ama Wreck! Yesterday was a sunday. This is just an extension of fools day(yesterday of trading being 1st April). The opposite of courage is not cowardice, it's conformity.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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I think lovely has just made mistakes. Remove 'today' or 'yesterday' and insert 'a few weeks ago'. lovely2010, I thought you would sell NIC at 50? What made you move earlier? GOD BLESS YOUR LIFE
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Rank: Member Joined: 12/11/2006 Posts: 884
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Thats must be inthe fantasy stock market “Invest in yourself. Your career is the engine of your wealth.”
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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erifloss wrote:lovely2010 wrote:I was thinking, maybe we should start confessing the counters we have made money with or planning to make money in the shortest period of time on a daily basis: The main objective is to make people more active in trading, I think it will be fun. Below are mine for today:
Bought kengen today @ 13.75 sold it today @ 15.05 and 15 respectively
KCB bought it @ 22.5 today planning to sell it kesho @25
Nic bought @ 43.5 sold @ 47 today
Kenya re bought @ 9.30 yesterday, just remembered I forgot to sell it today!!!!
Kwani which market are you in? Buying and selling the same day? Kwani the Trading cycle doesn't touch you and i thought or rather i know that the prompt board was scrapped from the NSE! The spreads you are showing are very funny coz for example Kengen's low was 14.85 & had a high of 15.45! I swear to one God, I trade on daily basis, its a formula that I use, I believe everbody has something that works for them...and mine I can buy and sell one counter on the same day, I can even redo it over and over again. I eat, sleep, dream the market...thats how I come up with ideas everyday....
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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youcan'tstopusnow wrote:I think lovely has just made mistakes. Remove 'today' or 'yesterday' and insert 'a few weeks ago'.
lovely2010, I thought you would sell NIC at 50? What made you move earlier? I thought I would see some excitement today, but no...and it scares me coz they are closing books on 7th april, if Im not wrong.
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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Buying and selling costs. As long as your gains are less than 8%, you are making serious moolah - for your broker. The 8% is made up of i) risk free rate (3%) + ii) buying commission (2%) + iii) selling commission (2%). Ignore time factor.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Hii ni maneno gani? What happened to settlement cycles? Please advice @ lovely2010
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Anyhu..this isn't my thread. Long artist.
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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Gordon Gekko wrote:Buying and selling costs. As long as your gains are less than 8%, you are making serious moolah - for your broker. The 8% is made up of i) risk free rate (3%) + ii) buying commission (2%) + iii) selling commission (2%). Ignore time factor. I always do my maths for buying and selling...I do make good money, am happy....
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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Cde Monomotapa wrote:Hii ni maneno gani? What happened to settlement cycles? Please advice @ lovely2010 I normally have shares that I bought before just incase, I also maintain 2 cds accounts, it can be a bit tricky...so I play around with the old and new sometimes, and besides, since there are many counters to play with, the settlement cycle wraps automatically...
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Rank: Elder Joined: 2/26/2008 Posts: 4,449
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Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi
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I have more than 2 cds accounts for strategy purposes & i still don't understand @lovely.. 'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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It is ok if you dont believe me, even prophets were treated as fake, but whats important is that is working for me and I just needed your views or more ideas.
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