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Trading Centum
drake
#1 Posted : Wednesday, November 04, 2009 10:02:00 AM
Rank: Member

Joined: 8/8/2009
Posts: 170
@ 12:57:12



total demand
106,800
41,100
total supply





Best ask: 10.80

Now,

Borrowing at the overdraft rate: ~13.9% (www.centralbank.go.ke)

With,

Time stop: 45 days


10.80*e^13.9%*45/360 = 10.99 (before transactions costs)

Mwenye macho haambiwi tazama



















It often happens that a TRADER carries out a deep and complicated calculation,but fails to spot something elementary right at the first move!
kiriita
#2 Posted : Wednesday, November 04, 2009 11:23:00 AM
Rank: Member

Joined: 4/20/2008
Posts: 437
I have eyes [& specs] but financially illiterate.

So,@ Drake,if you could be so kind as to put that in English ...
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