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Updates on the fantasy market
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qw25041985
#91 Posted : Thursday, September 16, 2010 1:11:18 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
Cash is a position and if yot cannt understand that please leave the fantasy market and the NSE as a whole for gud.for your own safety !!!! Hahaa!!
What we shld b consernd w/ are those who wld b holding cash wen the bull swing is in full force . Thats bad and they shld b deleted . So 4 now let them plan their next step .
Your future depends on your dreams so go to sleep !
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reiner
#92 Posted : Thursday, September 16, 2010 1:36:03 PM
Rank: Member

Joined: 3/11/2009
Posts: 27
the deal wrote:
@Reiner are those your hero's? on the contrary most people who do well on the fantansy market do well in the real market...the volumes might not be the same but the margins are the same.


@ the deal, the apostrophe in 'hero's' is completely unnecessary, heroes is the correct word ;-)Like I said, just pointing out an observation, nothing about heroes.
And I disagree, I think some people are very good in the real market but do not take the fantasey market seriously and that is why they are not doing as well.You obviously take it quite seriously, and you are doing quite well.

Mukiha and CNN are also edging up, that is good because they belong at the top. I have never seen a post from Kingfisher in the Investor section, yet he is doing good.

These are just my observations ;-)
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Gatheuzi
#93 Posted : Thursday, September 16, 2010 1:53:58 PM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
mv_ufanisi wrote:
guru267 wrote:
StatBoy wrote:
@Wazua, kindly resolve this matter of those who have joined and are not involved in any trading. At the moment there are 39 such people. I also like the suggestion of charging interest to those in negative cash territory.

There's nothing wrong with holding cash and thats why the option exists... Guys should Just make sure you beat the dudes holding cash so they can all be in last place


Those people holding cash should. be given an interest rate equivalent to the 1 year treasury bill. This is the amount of money they would get if they played it safe and avoided the stock market.

It's very fair not to trade the money - it shows how sometimes it's better to hold cash than be in the stock market. So it's a good barometer. The people with less than 500k are learning a lesson.


If you are #90 and you gain only Ksh1 you move a fuc....g 36pts thanks to the dudes and dudettes holding cash Laughing out loudly Laughing out loudly

On serious note its seems Stanchart is doing stocksmaster some good, he has dethroned me this time Applause Applause
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.
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sparkly
#94 Posted : Thursday, September 16, 2010 2:13:27 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
qw25041985 wrote:
Cash is a position and if yot cannt understand that please leave the fantasy market and the NSE as a whole for gud.for your own safety !!!! Hahaa!!
What we shld b consernd w/ are those who wld b holding cash wen the bull swing is in full force . Thats bad and they shld b deleted . So 4 now let them plan their next step .

how is holding cash under your mattress an investment? These guys are not even earning a risk free return.
Life is short. Live passionately.
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Gatheuzi
#95 Posted : Thursday, September 16, 2010 2:19:02 PM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
sparkly wrote:
qw25041985 wrote:
Cash is a position and if yot cannt understand that please leave the fantasy market and the NSE as a whole for gud.for your own safety !!!! Hahaa!!
What we shld b consernd w/ are those who wld b holding cash wen the bull swing is in full force . Thats bad and they shld b deleted . So 4 now let them plan their next step .

how is holding cash under your mattress an investment? These guys are not even earning a risk free return.


They are keeping their positions at least they are not bottoming the list.
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.
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the deal
#96 Posted : Thursday, September 16, 2010 2:27:13 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
HAHAHAHA Maybe guys holding cash are waiting for KK @ 8bob...MSC @10bob...KCB@17bob...maybe their waiting for a margin of safety...between Cash is a great asset to anyone's portifolio how r you going to cost average if you dont have CASH...
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Wa_ithaka
#97 Posted : Thursday, September 16, 2010 3:32:54 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
To use a Railaism, holding cash in the fantasy game is like Iniesta watching the game from the his warm subs-bench.

ABK
The Governor of Nyeri - 2017
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bss
#98 Posted : Thursday, September 16, 2010 4:37:36 PM
Rank: New-farer

Joined: 8/19/2010
Posts: 49
Location: Nairobi
Its a market yet we have career window shoppers. how is digging a hole in the shamba and putting cash there an investment if you not talking about manure!
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innovator
#99 Posted : Thursday, September 16, 2010 10:48:26 PM
Rank: Member

Joined: 7/24/2010
Posts: 239
Location: nairobi
The fact is a person holding his cash and waiting for an opportunity is better than one in a business of making losses.To me am learning and accepting defeat honorably. Thanks wazua, its very well executed.
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VituVingiSana
#100 Posted : Thursday, September 16, 2010 11:00:30 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Even Warren Buffett held onto lots of cash for ages in 2006-8... then when the time was ripe... he pounced!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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