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Short Term Trading
JBauer
#1 Posted : Thursday, June 06, 2013 3:22:16 PM
Rank: Hello


Joined: 6/6/2013
Posts: 4
If you were given Sh.1000000 to invest in stocks and sell once there is a small margin, maybe from Sh.2 to Sh.4 onwards. Which counter would you buy and why?
sky5
#2 Posted : Thursday, June 06, 2013 3:26:23 PM
Rank: Member


Joined: 5/7/2010
Posts: 282
Location: Nairobi
How much loss (risk) can you stomach? The higher the risk, the higher the gain. So, what's your risk appetite?
guru267
#3 Posted : Thursday, June 06, 2013 4:21:41 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
JBauer wrote:
If you were given Sh.1000000 to invest in stocks and sell once there is a small margin, maybe from Sh.2 to Sh.4 onwards. Which counter would you buy and why?


@JBauer you could try getting into BAT at 550 and selling at 552 or 554... That would be perfect for an investor like you!!! Drool
Mark 12:29
Deuteronomy 4:16
gatoho
#4 Posted : Thursday, June 06, 2013 4:24:25 PM
Rank: Member


Joined: 1/1/2010
Posts: 511
Location: kandara, Murang'a
sky5 wrote:
How much loss (risk) can you stomach? The higher the risk, the higher the gain. So, what's your risk appetite?


from the sound of it, its someone else's money and his are the gains only.. I would really go for it
Foresight..
VituVingiSana
#5 Posted : Thursday, June 06, 2013 6:11:31 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,126
Location: Nairobi
guru267 wrote:
JBauer wrote:
If you were given Sh.1000000 to invest in stocks and sell once there is a small margin, maybe from Sh.2 to Sh.4 onwards. Which counter would you buy and why?


@JBauer you could try getting into BAT at 550 and selling at 552 or 554... That would be perfect for an investor like you!!! Drool
Commissions?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mwekez@ji
#6 Posted : Thursday, June 06, 2013 6:13:10 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
guru267 wrote:
JBauer wrote:
If you were given Sh.1000000 to invest in stocks and sell once there is a small margin, maybe from Sh.2 to Sh.4 onwards. Which counter would you buy and why?


@JBauer you could try getting into BAT at 550 and selling at 552 or 554... That would be perfect for an investor like you!!! Drool


Laughing out loudly Laughing out loudly Laughing out loudly nice one @guru
jerry
#7 Posted : Thursday, June 06, 2013 6:27:30 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
guru267 wrote:
JBauer wrote:
If you were given Sh.1000000 to invest in stocks and sell once there is a small margin, maybe from Sh.2 to Sh.4 onwards. Which counter would you buy and why?


@JBauer you could try getting into BAT at 550 and selling at 552 or 554... That would be perfect for an investor like you!!! Drool

For once @guru267 seems to be kidding with a soon to be newbie!. @JBauer; Calculate your gains/losses in percentages. Sell or buy orders attractive 2.1% (1.82% for sums of more than 100k) on both sides. Don't forget 2/= stamp duty for every 10k worth of order. Transanction fees, EFT, MPESA,Phone calls , email/SMSs, RTGS... Go for the PAKA!!!
The opposite of courage is not cowardice, it's conformity.
JBauer
#8 Posted : Friday, June 07, 2013 10:48:26 AM
Rank: Hello


Joined: 6/6/2013
Posts: 4
Am thinking I need a counter below 10 for volumes , that way, the small margins will be very profitable
mwekez@ji
#9 Posted : Friday, June 07, 2013 11:19:35 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
JBauer wrote:
Am thinking I need a counter below 10 for volumes , that way, the small margins will be very profitable


Laughing out loudly pick Paka, Olympia, Mumias, Express. All are below 5
Metasploit
#10 Posted : Friday, June 07, 2013 11:31:27 AM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
JBauer wrote:
Am thinking I need a counter below 10 for volumes , that way, the small margins will be very profitable


Play with CIC,Safcom or Britam.These are very good for traders.But know when to buy and sell

You will need to read and understand Volume spread analysis

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
guru267
#11 Posted : Friday, June 07, 2013 12:26:13 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
JBauer... Your approach to the NSE will leave you weeping sooo hard you will wish you were back on 24 season 9!!!
Mark 12:29
Deuteronomy 4:16
WAGUMA
#12 Posted : Friday, June 07, 2013 12:34:14 PM
Rank: Member


Joined: 7/11/2008
Posts: 21
Buy into the blue chip counters...eabl,nmg etc they make the margins u want on almost a daily basis or buy the likes of kcb,scan group etc.Mcs is a dying horse,wachana nayo
freiks
#13 Posted : Friday, June 07, 2013 12:35:00 PM
Rank: Veteran


Joined: 6/8/2010
Posts: 1,729
jerry wrote:
guru267 wrote:
JBauer wrote:
If you were given Sh.1000000 to invest in stocks and sell once there is a small margin, maybe from Sh.2 to Sh.4 onwards. Which counter would you buy and why?


@JBauer you could try getting into BAT at 550 and selling at 552 or 554... That would be perfect for an investor like you!!! Drool

For once @guru267 seems to be kidding with a soon to be newbie!. @JBauer; Calculate your gains/losses in percentages. Sell or buy orders attractive 2.1% (1.82% for sums of more than 100k) on both sides. Don't forget 2/= stamp duty for every 10k worth of order. Transanction fees, EFT, MPESA,Phone calls , email/SMSs, RTGS... Go for the PAKA!!!

PAKA would be the best. WHY!!!! volumes
Life is an endless adventure
SittingPretty
#14 Posted : Friday, June 07, 2013 3:36:11 PM
Rank: Member


Joined: 2/16/2013
Posts: 123
Location: MSA

Play with CIC,Safcom or Britam.These are very good for traders.But know when to buy and sell

You will need to read and understand Volume spread analysis
[/quote]

Can I get that from my broker. have tried setting up from scratch, and its sure a hassle even for two counters!
Timely advice is as lovely as golden apples in a silver basket. Proverbs 25:11
The optimist
#15 Posted : Friday, June 07, 2013 3:45:05 PM
Rank: Member


Joined: 6/14/2010
Posts: 521
Location: Nairobi
guru267 wrote:
JBauer... Your approach to the NSE will leave you weeping sooo hard you will wish you were back on 24 season 9!!!
Laughing out loudly Laughing out loudly Laughing out loudly Nice one.
[url=https://www.facebook.com/AdeptTranport]Adept Tranport Services[/url]
Angelica _ann
#16 Posted : Friday, June 07, 2013 5:34:29 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
Don't try, you will have heart attack for nothing.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Metasploit
#17 Posted : Friday, June 07, 2013 6:35:46 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
[url=http://http://deronwagner.hubpages.com/hub/stock-trading-psychology]Hope may be the most dangerous of all human emotions when it comes to trading[/url]

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
maka
#18 Posted : Friday, June 07, 2013 9:53:17 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Angelica _ann wrote:
Don't try, you will have heart attack for nothing.

NEVER...
possunt quia posse videntur
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