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ojazy		#11 Posted : Saturday, April 23, 2011 10:46:03 AM
Rank: New-farer Joined: 4/23/2011 Posts: 21 Location: Mombasa		sparkly wrote: @ojazy chances that you will only pick winning stocks, and not the losing ones are very slim. Add trading costs that are based on the whole transaction, not your profit! ahaa!that i get sparky,but its all a risky venture isn't it? Whether im in it short term or long term.so how would you go about it? My strategy as a begginer would be to buy stocks that have good speculative hype and wait on them to soar in price,sell when i feel it cant rise any more and showing signs of declining,to lock down my profits(trading costs taken into account)..and id sell those stocks that dont live up to their speculative hype once they fall by kedo 2percent cutting my losses....what say you?
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ojazy		#12 Posted : Saturday, April 23, 2011 10:50:26 AM
Rank: New-farer Joined: 4/23/2011 Posts: 21 Location: Mombasa		jerry wrote: ojazy wrote: jerry wrote: Advise, advice? Whichever the case, start with faNtaSEy market. this isn't grammar school,is it Jerry?...that said,im already doing fantacy market,i wouldn't dive into the market bila research,so this is my research.i appreciate the ADVICE...could you ADVISE ,me some more? >>settlement of trades normally take 4/5 days(see cdsckenya.com). So you may not buy and sell same in a day. i might be wrong,but i read someuwhere that it takes a day now?(24hrs)..i think it was on the cfc online share trading platform?
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lovely2010		#13 Posted : Saturday, April 23, 2011 10:59:56 AM
Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi		ojazy wrote: jerry wrote: ojazy wrote: jerry wrote: Advise, advice? Whichever the case, start with faNtaSEy market. this isn't grammar school,is it Jerry?...that said,im already doing fantacy market,i wouldn't dive into the market bila research,so this is my research.i appreciate the ADVICE...could you ADVISE ,me some more? >>settlement of trades normally take 4/5 days(see cdsckenya.com). So you may not buy and sell same in a day. i might be wrong,but i read someuwhere that it takes a day now?(24hrs)..i think it was on the cfc online share trading platform? That was about getting your money after selling shares it was not about settlement period. Settlement period is still 4 days I think...although there is a way you can escape settlement period but I will rather not raise that issue again. Just do the right thing.
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ojazy		#14 Posted : Saturday, April 23, 2011 11:11:17 AM
Rank: New-farer Joined: 4/23/2011 Posts: 21 Location: Mombasa		lovely2010 wrote: ojazy wrote: jerry wrote: ojazy wrote: jerry wrote: Advise, advice? Whichever the case, start with faNtaSEy market. this isn't grammar school,is it Jerry?...that said,im already doing fantacy market,i wouldn't dive into the market bila research,so this is my research.i appreciate the ADVICE...could you ADVISE ,me some more? >>settlement of trades normally take 4/5 days(see cdsckenya.com). So you may not buy and sell same in a day. i might be wrong,but i read someuwhere that it takes a day now?(24hrs)..i think it was on the cfc online share trading platform? That was about getting your money after selling shares it was not about settlement period. Settlement period is still 4 days I think...although there is a way you can escape settlement period but I will rather not raise that issue again. Just do the right thing. I understand jerry. So say i buy stocks 2day,i cant sell until 5 days elapses?
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lovely2010		#15 Posted : Saturday, April 23, 2011 11:15:02 AM
Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi		That is very true...
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ojazy		#16 Posted : Saturday, April 23, 2011 11:19:16 AM
Rank: New-farer Joined: 4/23/2011 Posts: 21 Location: Mombasa		lovely2010 wrote: That is very true... what is lovely?
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lovely2010		#17 Posted : Saturday, April 23, 2011 11:28:13 AM
Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi		:- ojazy wrote: lovely2010 wrote: That is very true... what is lovely?
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jerry		#18 Posted : Saturday, April 23, 2011 11:52:23 AM
Rank: Elder Joined: 9/29/2006 Posts: 2,570		lovely2010 wrote: :- ojazy wrote: lovely2010 wrote: That is very true... what is lovely? @Ojazy, did u mean 'What is true?' The opposite of courage is not cowardice, it's conformity.
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ojazy		#19 Posted : Saturday, April 23, 2011 11:59:25 AM
Rank: New-farer Joined: 4/23/2011 Posts: 21 Location: Mombasa		jerry wrote: lovely2010 wrote: :- ojazy wrote: lovely2010 wrote: That is very true... what is lovely? @Ojazy, did u mean 'What is true?' yes i did...what is true?
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lovely2010		#20 Posted : Saturday, April 23, 2011 12:09:34 PM
Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi		ojazy wrote: jerry wrote: lovely2010 wrote: :- ojazy wrote: lovely2010 wrote: That is very true... what is lovely? @Ojazy, did u mean 'What is true?' yes i did...what is true? Hii imekuwa kitabu cha amezidi...I meant its true it takes 4 days for settlement to take place
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