@sparkly

True but unfortunately, that is not how the crowd behaves! Benjamin Graham, Peter Lynch and Warren Buffet learned this long time ago. They made money due to crowd (human) behaviour.

Eeeeh @ecstacy, surely missed.
I don't really think it's the SK/Wazua switch though; last I saw of her was on 31-Mar-10 backing...Kenol, HFCK. And definitely against RAO...

No no @ecstacy, if you still visit Wazua you need to say something. This thing of running away from home; it's like a family

Not selling Equity at Ksh320. Its taking a lot of time to get back there.

VVS, still waiting for the AGM? Please run like the wind and never look back. Did just that last week and the money went somewhere nice

proverb u have made soo many mistakes. u make me feel good about my faults. they pale soo much in comparison to urs.

Komera, true that. When I first started trading, i nearly halved my portfolio from silly trades. But I have since learnt patience and the mistakes I made have made me a more astute investor

youcan'tstopusnow, exitting a stock also has been a major challenge, think i hold stocks too much than i should, What i wanna train myself, especially with our own ka fantasy market here is to have an exit strategy. Maybe exit after a 15% increase or after getting my portion of dividends. Am still new in trading, with less than 2 years experience so am learning a lot. Wazua is a good learning place.

I have had more blots than smarts at the NSE and sometimes when the market is low and my moods low, i ask myself why i am still at the NSE. BUT wazurians have collectively helped me decrease my mistakes and increase my smarts so there may yet be golden days for me in stocks.

My worst mistake is tying up a huge fortune in Uchumi. Actually i ordered 10,000 shares at 15 months before uchumi went under and coz i had money in my account after some good returns from selling KQ the broker bought me 30,000 shares which he later said was a mistake. BUT since the stocks then were in a bull ... more so uchumi helped by Merali which reached 21 or thereabouts i never corrected the mistake by selling so still 30K shares are held up in Uchumi. Anyone with an idea when they'll be back trading?

My three involve KQ and Mumias that's why i settled on them in the fantasy market:

In 2005 i bought KQ for 24 bob and it went all the way past 78 where i sold. At the same time i bought Mumias at 11.90 and sold it off at 32 making quite some. I believe this is the money still held up in Uchumi ... ha ha!

Cicero, there is nothing foolish about holding Kenya-Re. Its day haiko mbali. I will be getting rid of my AK shares hivi karibuni, leaving me with a nice lean portfolio full of 'winners'. I will never hold more than 5 stocks at a time. In fact I'm working on a 3-stock portfolio

We are on about the same strategy. At the beginning of the year I had 8 counters and the first thing I did was to half that number. I am thinking of dropping one more by Oct and leave just 3. This way you are able to monitor the performance more closely. Just look at Stocksmaster and you will know what I am talking about.