wazua Sun, Mar 22, 2026
Welcome Guest Search | Active Topics | Log In

372 Pages«<345346347348349>»
Elliott Wave Analysis Of The NSE 20
slick
#3461 Posted : Thursday, May 14, 2020 2:02:14 PM
Rank: Member

Joined: 6/1/2017
Posts: 288
mnandii wrote:
Hehehehe

My people on the NSE, are you seeing what Bitcoin is doing?



Kenyan markets are too slow and one has to wait a looooong time to make decent gains.

Offshore markets especially cryptos and US stock market are highly volatile and make big moves and if you understand the dynamics and shenanigans of Wall Street and make short term leveraged trades,one can make a lot of $$$$$$ Laughing out loudly Laughing out loudly Laughing out loudly in a very short time.
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
slick
#3462 Posted : Thursday, May 14, 2020 2:29:08 PM
Rank: Member

Joined: 6/1/2017
Posts: 288
slick wrote:
mnandii wrote:
Hehehehe

My people on the NSE, are you seeing what Bitcoin is doing?



Kenyan markets are too slow and one has to wait a looooong time to make decent gains.

Offshore markets especially cryptos and US stock market are highly volatile and make big moves and if you understand the dynamics and shenanigans of Wall Street and make short term leveraged trades,one can make a lot of $$$$$$ Laughing out loudly Laughing out loudly Laughing out loudly in a very short time.


Though Kenyan markets are more honest with little leverage,no central bank money printing schemes and no theatrics which is good for a healthy market.Western markets are an entirely different beast altogether with leveraged derivative instruments,central banks money printing pumping up markets with cheap money and lots of drama with highly competitive Wall Street banks and hedge funds feverishly competing against each other and swindling retail investors all the time thus causing epic bubbles that crash so violently as recently witnessed in March 2020 and during the 1929 crash,dotcom and real estate crash.Once one understands the madness and melodrama of Wall Street one can make lots of money if you know how the Wall Street game is played.

One has to watch the movies "The Big Short","Margin Call","The Wolf of Wall Street" and Michael Douglas "Wall Street" movie sequels to know what Wall Street is really about where bulls make money,bears make money and pigs (retail investors) get slaughtered.
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
slick
#3463 Posted : Thursday, May 14, 2020 3:28:49 PM
Rank: Member

Joined: 6/1/2017
Posts: 288
mnandii wrote:
Defaults already?! So soon!

Schemes shouldn’t defer interest payments

Quote:
It is granted that desperate times call for desperate measures. Clearly, the coronavirus pandemic is causing the government to look for money even from the most unexpected corners.

Who would imagine that the government would as a survival tactic contemplate deferring payment of interest on government paper? Indeed, a deferral of payments of maturing Treasury bills and bonds as is being contemplated amounts to declaration of a default on domestic debt.

Have we thought of the wave of uncertainty that would ensue if we jeopardised the risk- free status of government paper?


link


Its better and more honest for Kenyan government to default on treasuries than have Opus Dei create new KES and buy government bonds and finance interest payments like in the devloped world.What madness that in the first world central banks are buying their own government bonds,corporate bonds and even stocks with newly printed currency.In the Eurozone and Japan,its governments getting paid to issue negative yielding bonds instead of the normal reverse ie governments pay interest on bonds they issue which is ridiculous but nearly 1/3 of the global government bond market operates this way

Look at the craziness in Germany.







Kenyan government would love issuing negative yielding bonds where investors pay GoK for the privilege of buying their bonds.Laughing out loudly Laughing out loudly Laughing out loudly


Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
mnandii
#3464 Posted : Saturday, May 16, 2020 9:22:32 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3465 Posted : Saturday, May 16, 2020 6:29:40 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3466 Posted : Saturday, May 16, 2020 6:34:20 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
slick wrote:
mnandii wrote:
Hehehehe

My people on the NSE, are you seeing what Bitcoin is doing?



Kenyan markets are too slow and one has to wait a looooong time to make decent gains.

Offshore markets especially cryptos and US stock market are highly volatile and make big moves and if you understand the dynamics and shenanigans of Wall Street and make short term leveraged trades,one can make a lot of $$$$$$ Laughing out loudly Laughing out loudly Laughing out loudly in a very short time.

Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
VituVingiSana
#3467 Posted : Sunday, May 17, 2020 3:32:28 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
slick wrote:
mnandii wrote:
Hehehehe

My people on the NSE, are you seeing what Bitcoin is doing?



Kenyan markets are too slow and one has to wait a looooong time to make decent gains.

Offshore markets especially cryptos and US stock market are highly volatile and make big moves and if you understand the dynamics and shenanigans of Wall Street and make short term leveraged trades,one can make a lot of $$$$$$ Laughing out loudly Laughing out loudly Laughing out loudly in a very short time.
Can't these trades go either way?
Lose $$$$$$ in a very short time.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
babashuge
#3468 Posted : Monday, May 18, 2020 8:35:16 AM
Rank: New-farer

Joined: 1/4/2019
Posts: 69
Location: Nairobi
slick wrote:
mnandii wrote:
Hehehehe

My people on the NSE, are you seeing what Bitcoin is doing?



Kenyan markets are too slow and one has to wait a looooong time to make decent gains.

Offshore markets especially cryptos and US stock market are highly volatile and make big moves and if you understand the dynamics and shenanigans of Wall Street and make short term leveraged trades,one can make a lot of $$$$$$ Laughing out loudly Laughing out loudly Laughing out loudly in a very short time.


Trading in not for the weak or those busy with other things, plus i don't think my heart can handle such volatility over the long run, let enjoy the African marathon pace(INEOS) for years instead of short extreme sprints...
slick
#3469 Posted : Monday, May 18, 2020 9:11:49 AM
Rank: Member

Joined: 6/1/2017
Posts: 288
VituVingiSana wrote:
slick wrote:
mnandii wrote:
Hehehehe

My people on the NSE, are you seeing what Bitcoin is doing?



Kenyan markets are too slow and one has to wait a looooong time to make decent gains.

Offshore markets especially cryptos and US stock market are highly volatile and make big moves and if you understand the dynamics and shenanigans of Wall Street and make short term leveraged trades,one can make a lot of $$$$$$ Laughing out loudly Laughing out loudly Laughing out loudly in a very short time.
Can't these trades go either way?
Lose $$$$$$ in a very short time.


Yes.The trades can also go against you very quickly.The trick is to stay disciplined.Take small position sizes,respect your stop loss and profit targets and long term you shall be profitable.Problem is that most beginner traders have the illusion of making a quick buck and take big position sizes and hold onto losing trades waiting for a turnaround.As they say 90% of traders lose 90% of their trading account in first 90 days.They go all in on one trade or even 30-50% on a trade and if they lose on this they blow up their account.Never take a trade position that's above 5% of your overall trading portfolio.If a trade hits your stop loss get out no matter what and lets say make a rule that if a trade goes down 20% get out.Sure some hit your stop then bounce back and if you keep refusing to get out of your stop loss position you will lose large in one trade.Losses are part of the cost of business of trading.

The current volatile US markets are offering superb opportunities to make profits.NSE is kind of dead right now and is too slow to make any decent gains in the short term.

Anyway only 10% of traders are consistently profitable and its not a game for the faint hearted but if you understand the Wall Street game of pump and dumps and market manipulation plus stay disciplined one can make a good living
Strategy is do both investing in the long term and short term trades for daily income.
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
mnandii
#3470 Posted : Tuesday, May 19, 2020 6:49:17 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


Diamond Trust Bank appears set to fall much further. Sub 50.00s on the cards.
If however it rises above 89.10 then I will re-assess. This however is a remote possibility
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
372 Pages«<345346347348349>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.