Wazua
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DAILY COUNTERS BRIEFINGS
Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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Guys, just incase you dont see my lines here dont be surprised. Im about to report back to work, so, less storos, less tradings...of course I will be popping in ile ya kupitia...happy trading...miss u...
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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lovely2010 wrote:Made good money today with kengen, bought several times @ 14.10 to 14.30 sold @ 15.50, nic bought @ 46 and 44 sold @ 48.25 KCB I added some more @ 23.00 hoping they will be settled by monday so I can sell @ not less than 25...I think that was all for today... Stop lying!.KCB @23,has not traded there this week.
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Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi
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@lovely, if i'm to understand you, you buy a couple of a company's share in batches at different prices on different days then sell after settlement buying some more of the same on the same day of settlement and assume that you have sold the same batch? If i'm right i still see you making losses coz for one to make profits you first have to cover commissions which totals to more than 4.2%and thus one has to sell when the share is up by more than 5% which is still marginally low if you don't deal with volumes notwithstanding administrative costs. In our market only speculative shares (OCH, Neveready, Sameer, Sasini e.t.c) go up by more than 5% during times when there is no material info out there while the others only rally on material info.(Simply they correlate to the index movement based on market factors like inflation, political risk, international commodity prices e.t.c). If i do my simple risk assessment and probability of a share like KCB or NIC gaining or losing more than 5% within a normal CDSC settlement period which is T+4, i find the whole process making no sense at all. '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: 8/17/2010 Posts: 116
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cnn wrote:lovely2010 wrote:Made good money today with kengen, bought several times @ 14.10 to 14.30 sold @ 15.50, nic bought @ 46 and 44 sold @ 48.25 KCB I added some more @ 23.00 hoping they will be settled by monday so I can sell @ not less than 25...I think that was all for today... Stop lying!.KCB @23,has not traded there this week. I think he is talking about odd lot.
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Rank: Member Joined: 1/31/2007 Posts: 304
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KIRTI wrote:cnn wrote:lovely2010 wrote:Made good money today with kengen, bought several times @ 14.10 to 14.30 sold @ 15.50, nic bought @ 46 and 44 sold @ 48.25 KCB I added some more @ 23.00 hoping they will be settled by monday so I can sell @ not less than 25...I think that was all for today... Stop lying!.KCB @23,has not traded there this week. I think he is talking about odd lot. Her purchase prices for KCB,NIC,Kengen dont make sense.the shares simply did not trade at those prices today according to the NSE daily price list... If she is talking of odd lots, she should come out clear... Which would then raise a very interesting question.. how can one know of, and purchase the odd lots on offer???
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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Guys, Im really sorry I cant come out clear. I've also learnt someone is trading my way, and he/she is giving me a challenge....I just wanted people to know that there is money in stocks if you have ur own formula of trading. Please dont crucify me...I beg.
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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@ lovely . stop making a fool of yourself. as a newbie you shld take the back seat and learn from veterans like @ hisah and @ mwanahisah ( makes you wonder if these two are related lol.) you are giving very very very many conflicting stories....please dnt ruin your good name here...
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Don't call lovely2010 names simply because you don't understand her. ecstacy, Stealth and Genghis Khan have understood her 'system'. GOD BLESS YOUR LIFE
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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youcan'tstopusnow wrote:Don't call lovely2010 names simply because you don't understand her. ecstacy, Stealth and Genghis Khan have understood her 'system'. OMG you are making my evening. . what system is this she's using....buying a stock and making 20 bob in profit and calling it a close call..?????W.T.F the market is in a slump and she manages to make all these "profits" how ?????...i amnt hattin but things DONOT add up her....
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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lovely2010 wrote:youcan'tstopusnow wrote:lovely, NIC at 49. Moved too soon? Got it again today @ 46 but there were some weird activities, had to get out fast, made kitu 20bob only...atleast it was not a loss...good consolation.... what the f is this ??????? @lovely let me put you on the spot have you calculated the 5% commision . lol.... yani i dnt get it. buying stocks like sukuma wiki in a bear market and still makin "profits". definitely you are cheating !!!!!!!!!!!!!!!! how about next time you post your trades when you buy and also when you sell..
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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youcan'tstopusnow wrote:Don't call lovely2010 names simply because you don't understand her. ecstacy, Stealth and Genghis Khan have understood her 'system'. Thanks for ur support. @qw25......If I dare post my statement here...everything will be too clear.
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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erifloss wrote:@lovely, if i'm to understand you, you buy a couple of a company's share in batches at different prices on different days then sell after settlement buying some more of the same on the same day of settlement and assume that you have sold the same batch? If i'm right i still see you making losses coz for one to make profits you first have to cover commissions which totals to more than 4.2%and thus one has to sell when the share is up by more than 5% which is still marginally low if you don't deal with volumes notwithstanding administrative costs. In our market only speculative shares (OCH, Neveready, Sameer, Sasini e.t.c) go up by more than 5% during times when there is no material info out there while the others only rally on material info.(Simply they correlate to the index movement based on market factors like inflation, political risk, international commodity prices e.t.c). If i do my simple risk assessment and probability of a share like KCB or NIC gaining or losing more than 5% within a normal CDSC settlement period which is T+4, i find the whole process making no sense at all. Before I buy and sell I minus the 4.2 but my broker takes 3.8 instead. The difference is my profit. When I buy I already know I'll sell @ what price hence my calculations are always right.
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Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
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The market, unlike God, does not forgive those who know not what they do. stick to your system that works by ur standards. Izi njaro za lovely ni mwenda. As long as napata pesa monthly, let me continue buying my value stocks and hold, never did fancy frequent trading.
calling a frequent trader an investor is like calling a person who has frequent one night stands a romantic.
NB: no way directed to lovely or any other day trades, just a line from the Oracle himsetlf. All the best.
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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I think we should just stick to what works for us. If you make money daily or after 10 years, so be it. This issue is heating up.
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Rank: Member Joined: 12/15/2010 Posts: 162
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moneydust wrote:KIRTI wrote:cnn wrote:lovely2010 wrote:Made good money today with kengen, bought several times @ 14.10 to 14.30 sold @ 15.50, nic bought @ 46 and 44 sold @ 48.25 KCB I added some more @ 23.00 hoping they will be settled by monday so I can sell @ not less than 25...I think that was all for today... Stop lying!.KCB @23,has not traded there this week. I think he is talking about odd lot. Her purchase prices for KCB,NIC,Kengen dont make sense.the shares simply did not trade at those prices today according to the NSE daily price list... If she is talking of odd lots, she should come out clear... Which would then raise a very interesting question.. how can one know of, and purchase the odd lots on offer??? @lovely2010, pls address how you are able to buy shares at prices that did not appear on the board today. like KCB at 23
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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lovely2010 wrote:Guys, just incase you dont see my lines here dont be surprised. Im about to report back to work, so, less storos, less tradings...of course I will be popping in ile ya kupitia...happy trading...miss u... Elvis has left the building...LOL! See U around sweetheart & TC. P.S: Contract a PR agent..this is getting outta hand..
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Rank: Member Joined: 6/7/2009 Posts: 18
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He / She is still in yester year no wonder the name 2010
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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Now this @lovely chic has wazua on fire.. it very clear she's a newbie and i dnt know what a newbie shld be doing buying stocks like bread and milk.. anyway @lovely thank for the laughter while it lasted.trust me we wld like you to do it all-over again !!!!!!!!!!!!
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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QW25071985 wrote:Now this @lovely chic has wazua on fire.. it very clear she's a newbie and i dnt know what a newbie shld be doing buying stocks like bread and milk.. anyway @lovely thank for the laughter while it lasted.trust me we wld like you to do it all-over again !!!!!!!!!!!! Sweetheart, this is my 5th year in stock market, and if I showed you my statement...you would be amazed, especially the most recent tradings and maybe you wouldn't mind I take control of your tradings....just saying...
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Rank: Member Joined: 8/5/2010 Posts: 335 Location: Nairobi
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lovely2010 wrote:Guys, Im really sorry I cant come out clear. I've also learnt someone is trading my way, and he/she is giving me a challenge....I just wanted people to know that there is money in stocks if you have ur own formula of trading. Please dont crucify me...I beg. Can't or won't? I thought you've been trying to explain all along... is it a secret strategy now? I'm getting confused. In theory what you are saying is possible. The big question is whether we can get such spreads (5% to 10%) within a trading day CONSISTENTLY ENOUGH to have it as a trading strategy. You also need to spend a lot of time following activity & you need luck to actually get your order executed at the right price. "I'd rather be lucky than clever... every time!" - ME "The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN "Space we can recover... time never!" - NAPOLEON BONAPARTE
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