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Daily Market Watch Is it worth the trouble ?
Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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Aguytrying wrote:I wont lie i love it!! It really helps to take advantage of those one time, and learn trends of a stock. For example. I've been following dtk since it crossed 135, and just watching the demand and supply dynamics is so interesting. Especially watching higher supply being taken out day in day out. are seeing it hitting resistance at 150
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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Aguytrying wrote:I wont lie i love it!! It really helps to take advantage of those one time, and learn trends of a stock. For example. I've been following dtk since it crossed 135, and just watching the demand and supply dynamics is so interesting. Especially watching higher supply being taken out day in day out. are seeing it hitting resistance at 150
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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young wrote:Just a thought, even if you speculate , does it worth the efforts to watch or monitor the market every hour , every day ?
True. if nse however allowed day trading,plus offered a futures market .. then it would apply. The worst part is the CDSC bit of transaction..you have to wait 4 days to sell a buy stock..thus watching market within the three days just serves to highten your emotions..and you have to wait atleast a day for cash from a sell to transact! That is if the broker is not too inept to have to quickly remove cash from your account and write you a cheque..which you have to get the receptionist to unearth from a pile for you to return cash back to your account!!!! NKT!! kuna broker wengine fogothari totally!!! Anyway..the future beckons..an advanced bourse..enabling you trade at a click of a mouse in the comfort of your home!..get rid of brokers..intro shorting... I just pray i'll still be this young when it happens!!  ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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Rank: Elder Joined: 6/20/2007 Posts: 2,074 Location: Lagos, Nigeria
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@ProverB, Permit me to digrace, is it true that you are @Jammo ? The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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young wrote:@ProverB,
Permit me to digrace, is it true that you are @Jammo ? yes i am. why do you ask? ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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Rank: Elder Joined: 6/20/2007 Posts: 2,074 Location: Lagos, Nigeria
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@ProverB, Thanks for your frankness I asked because your style of writing clearly resembles that of @Jammo. I believe there is no point changing names, even me @young change name today in Wazua people that know my style can easily identify me. I believe you should take back Jammo, as for speculators, your threads were spot on. It was only unfortunate that the world economic meltdown changed everything which was not anybody's making. I still remember your predictions of Mumias at 3 bob, the difference is time, those that bought and held on to it in 2008 could have been smiling now at Circa 10 bob. Nobody is perfect in this game of stock investment. The best stock analyst can err. In soccer the best football striker can miss a penalty, but the footballer is still the best ! Best regards @Jammo and have a wonderful week end. The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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young wrote:@ProverB,
Thanks for your frankness
I asked because your style of writing clearly resembles that of @Jammo. I believe there is no point changing names, even me @young change name today in Wazua people that know my style can easily identify me.
I believe you should take back Jammo, as for speculators, your threads were spot on. It was only unfortunate that the world economic meltdown changed everything which was not anybody's making.
I still remember your predictions of Mumias at 3 bob, the difference is time, those that bought and held on to it in 2008 could have been smiling now at Circa 10 bob.
Nobody is perfect in this game of stock investment. The best stock analyst can err. In soccer the best football striker can miss a penalty, but the footballer is still the best !
Best regards @Jammo and have a wonderful week end. Teheheheh but mumias did do 3bob didn't it?? ..though i got it at 4 going up! I still do speculate..only portfolio grew bigger..interests spread further than stock market..plus long lull in market dampens the spirit of a young man.. just pursued different interests.. ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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bartum wrote:Aguytrying wrote:I wont lie i love it!! It really helps to take advantage of those one time, and learn trends of a stock. For example. I've been following dtk since it crossed 135, and just watching the demand and supply dynamics is so interesting. Especially watching higher supply being taken out day in day out. are seeing it hitting resistance at 150 eerm....im not sure, but i dont think so. I think the current momentum will culminate into a full blown rally, to 160 range. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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i used to do it in my early NSE days but now nope...if u watch the market everyday you are more likely to sell at a loss or sell a stock with megre gains.i spot a stock i like i buy it and put a time frame to it i.e KQ 1 Year, Jub 2 Years, KCB 1 Year...Safcom negligible..lol
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Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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