@kizee: Easier said than done!

The NSE is largely dependent on foreigners due to its strategic positioning as the biggest bourse in E.A and has been one of the best performers in Africa and internationally.

IMHO it is better to buy stock that has made new highs with a corresponding 50%-100% increase in volumes rather than buying low and waiting as the latter is as test of human patience which most of us are poor in.
Be quick to take losses and slow to take profits,protect your capital by all means.You can suffer repeated losses but they are minor and when you get a right move it more than compensates.
6/10 is all takes to remain in the game.
But there are many factors to also consider before carelessly jumping in.

I am waiting for ridicule from cost averaging heroes and "Gurus" of the stock market

yep...I rarely trade for that reason unless I am convinced of +20% gains,around 4 to 5 times a year.I always ignore minor movements and focus on the long trends.I have averaged 17% growth in the last two years after commissions,13% short of my target.I have already made 44% this year,in Jan alone.But my buy and hold investments are still underwater(-33%) so I ain't smiling as yet.I hope to enter into speculation seriously.See you guyz at the top.

Interesting to see the debate on TA with a focus on Safaricom 5 years ago!

@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB