How to safely invest outside Kenya || Stomzy Mwendwa

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The Wicked Edition with Dr. King'ori

The Wicked Edition with Dr. King'ori

Күн бұрын

Пікірлер: 303
@TheWickedEditionDrKingori
@TheWickedEditionDrKingori Ай бұрын
Wadau, Many thanks for the kind feedback and constructive engagement on this episode. Here the link Stomzy mentioned 👇🏾 etoro.tw/4dNqEpo. Our next episode iko na probably the most unique strategy ever used in real estate investment in Kenya. Coming up kesho, Monday 14th October 2024. Asanteni tena sana pia for the continued support 🫡 Dr. King’ori
@markmuteti9578
@markmuteti9578 Ай бұрын
@@TheWickedEditionDrKingori Wazi wazi bro keep serving them 🔥🔥🔥. Next tuletee Chairman wa Nabo capital
@beatricewairimu1867
@beatricewairimu1867 Ай бұрын
Yes! Great interview,but for the sake of those who r contemplating on his content don’t agree fastly , give us time to digest😂😂
@paulat8792
@paulat8792 Ай бұрын
@@TheWickedEditionDrKingori king'ori as much as we love this informative episode we also want the traditional wicked edition, yenye ulikua unachambua what has happened to our country that week....
@RetlawMedia1
@RetlawMedia1 Күн бұрын
Social media handles zake bro?
@hezekiahcharles6754
@hezekiahcharles6754 Ай бұрын
The really wealthy people, understand the eighth wonder of the world, COMPOUNDING.... A game of discipline, consistency and patience.... It gets to a certain threshold, and it works like a BEAST....
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
100%. Compounding with the law of large numbers is like pulling a rabbit out of a hat.
@ichooseviolence2532
@ichooseviolence2532 Ай бұрын
Tell us the threshold
@akiprop
@akiprop Ай бұрын
@@ichooseviolence2532 9 years my G, so start now.
@jameswanjohi2454
@jameswanjohi2454 Ай бұрын
Unfortunately this is just but a good quote.
@hezekiahcharles6754
@hezekiahcharles6754 Ай бұрын
@@jameswanjohi2454 Do your research and see why the baby boomers in America live from what they invested early in life. They have so much money in their old age that they won't finish it by the time they die... The big dawgs like Black rock and vanguard thrive on this principle...
@magdalenembithe6675
@magdalenembithe6675 Ай бұрын
the price will take the stairs while going up, but when its coming down it will use the lift... very relatable
@usajimary
@usajimary Ай бұрын
I know right 😂
@Kim_Moses
@Kim_Moses 11 күн бұрын
deja vu
@beatricewairimu1867
@beatricewairimu1867 Ай бұрын
Allow me to applaud you kingori for ur research skills!!👏🏼👏🏼👏🏼
@veronicahmuraguri2184
@veronicahmuraguri2184 Ай бұрын
Waoh .. this conversation is great. Building wealth is not for the lazy or dreamers. Most of us stopped learning after graduating. You have to fall in love with learning, be disciplined, consistent and patient. Thanks for this.
@mashine1904
@mashine1904 Ай бұрын
Do you know what 'Tech bro' means! I clicked this because I saw the thumbnail saying 'How tech bros make money' and I thought the guy is a software engineer☹☹
@kingjames5202
@kingjames5202 Ай бұрын
I think he's a devops engineer
@bathwater3730
@bathwater3730 27 күн бұрын
Hahaha that's what brought me here too
@warrenarnoldmusic
@warrenarnoldmusic 24 күн бұрын
​@@kingjames5202😂 really?!
@kingjames5202
@kingjames5202 24 күн бұрын
I think so😂
@Brat_Films
@Brat_Films 20 күн бұрын
Smaeeeee😂😂😂 ...youtube is sometimes a scam😂😂😂
@any_name_is_really_fine__
@any_name_is_really_fine__ 17 күн бұрын
As an investor in foreign markets (not day trader), this is the most solid advice out there
@MathuMindset
@MathuMindset Ай бұрын
Let me help Stomzy, I think what he meant was that when you put 200k in a brokerage firm you select the leverage it can be 1:1,10:1 or 100:1. Taking the example of 100:1 the brokerage firm would put you in a position where you can have high profits of the supposed 20 million but due to to the high leverage any fluctuation in price that sees a loss its your 200k thats on the line. So trading will stop when you lose 200k and thats your 200k so the brokerage firm hasnt lost any money.
@mwendwamusau
@mwendwamusau Ай бұрын
When the market goes against you on a trade you have leveraged, when the size of loss amounts to your entire personal capital, the trade closes so that all your capital is swallowed. The "house/brokerage" money that you borrowed doesn't get lost...the trade closes before and only you lose when all your money is used up in the loss. On the flip side, when you close on a profitable trade with such a high leverage, your gains are outsized compared to your actual trading capital. Day trading requires a trading system/philosophy that eliminates your greed and fear, so you let your winners ride and cut your losses early so you can live to keep playing the game.
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
100% correct Martin. That's the downside of leveraging. If used in a situation where you have odds stacked in your favor, you're for sure going to come out on top albeit you need to have a reliable source before the "herd" catches wind then you can exit a position. Personally, I have never been a fan of leveraging because I truly don't understand it 100%. If you have some pointers that would be great too.
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
@@mwendwamusau These are the exact rules that kinda set folks up to fail fast and also to get hooked. It's akin to betting on a gaming table or something of the same fashion. What do you think?
@mwendwamusau
@mwendwamusau Ай бұрын
@@thelifeofstomzyshow like I said in another comment, if you don't invest in a high demand, high value, it will be hard to even get started. Professional day trading is a skill like any other that you can get good at and make considerable cash from as you improve your craft and your trading system. I have experienced both humbling lessons and remarkable and consistent results in it for 2 years, but like everything else that is worth striving for, it doesn't get easier, you only get better. Plus to do this professionally, you need capital, whether yours or someone else's. And to be clear, day trading is NOT 🚫 investing. Investing is slow, methodical and boring...over a long period of time. What makes it a frustrating endeavour is having too little to invest...even when you've done your best to plan where every shilling goes. Hence my initial comments to solve an income problem...invest in skills that increase your value in the marketplace. You are your best bet.
@magdalenembithe6675
@magdalenembithe6675 Ай бұрын
you are right. i have personally tried forex trding. if you are doing it yourself lke i was, you can make 100k in a day and the vice versa is absof*ckinglutely very possible
@peterkiriba3505
@peterkiriba3505 Ай бұрын
I love how kingori!! Table the reality of investment's and being logical thinking!! Without following the philosophy of the so called investors 😅 kudos my G
@waihiga124
@waihiga124 25 күн бұрын
I encourage all listeners to consider the views shared here as someone's personal opinion and experience rather than gospel truth. Take them into consideration, explore further, and build your own understanding to guide your decisions and actions. Ignorance is more expensive than you realize.
@benjaminokeyoh5270
@benjaminokeyoh5270 Ай бұрын
Trading is just a technical science that is not for everyone.
@jesusfound8758
@jesusfound8758 Ай бұрын
Clarity on a complex issue & made simple too.Kingori you never let us down on your choice of guests.Very grateful about your guest's information too
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Glad I was of good service to you!
@TheWickedEditionDrKingori
@TheWickedEditionDrKingori Ай бұрын
This is high praise, ​⁠Charity. Asante sana for the feedback, and for sparing your time to watch our contenr🙏
@lilianwangari215
@lilianwangari215 Ай бұрын
King’ori usually asks questions from a practical pov! I am very invested. Was waiting for this episode.
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Thanks for taking the time to watch this Lilian. I hope I was of value to you.
@TheWickedEditionDrKingori
@TheWickedEditionDrKingori Ай бұрын
Asante sana for this kind comment, Lilian. 🙏
@mugock
@mugock Ай бұрын
Great insights. You need to tag the clueless CMA and NSE chiefs for them to learn a good one from this edition.
@malynsalazar-j6d
@malynsalazar-j6d Ай бұрын
Ray Dalio is the founder of Bridgewater Associates, Blackrock's founder is Larry Fink among other co-founders
@johngitahi3633
@johngitahi3633 Ай бұрын
Am good at investing with hand on deck in USA stock market. Only facing challenge in finding clients. Barrier of entry in this sector,most Kenyans don't comprehend I really do need help in this
@codeaperture
@codeaperture Ай бұрын
yep
@warrenarnoldmusic
@warrenarnoldmusic 24 күн бұрын
He said Ray was the owner of BlackRock 💀
@Brat_Films
@Brat_Films 20 күн бұрын
Hadi mimi nimeshangaa rada😂
@zachariahmalenya3815
@zachariahmalenya3815 Ай бұрын
Naskia kulia. Coz i have thought all options including doing cash crops, living within my means etc. Inflation is alwys on my neck. I still hope for the best
@TheWickedEditionDrKingori
@TheWickedEditionDrKingori Ай бұрын
Usiwai tense, Zacharia. We will get to the bottom of the system on this platform.
@zachariahmalenya3815
@zachariahmalenya3815 Ай бұрын
@@TheWickedEditionDrKingori 🙏🏿
@celestinas_world
@celestinas_world 10 күн бұрын
Hugs bro we are all here all of us
@moriamartinmariomuriira2644
@moriamartinmariomuriira2644 Ай бұрын
Hapo kwa compounding, for it to work sacrifice to have a higher percentage from your salary e.g if u pay zakayo 30% why on earth would pay yourself 20%? Secondly before your chose to invest you start by having a target n that determines the amount to invest. Thirdly for good results in compounding start with large sums n you can reduce your contributions as you go
@breakmeout4254
@breakmeout4254 Ай бұрын
After you mentioning him in Edwin's interview, I really looked forward to this.
@TheWickedEditionDrKingori
@TheWickedEditionDrKingori Ай бұрын
Asante sana for following up🥂
@annndegwa5997
@annndegwa5997 Ай бұрын
​@@TheWickedEditionDrKingori You can also consider bringing a person who have the idea of Network Marketing and how it works because it's complicated ju inakaanga tu scam 😅😅 I'm a big fan of your show and always like the flow of the conversation ❤
@kojwangdocumentary9976
@kojwangdocumentary9976 Ай бұрын
I've read books and listened to some of the best financial experts and I've realized i just become more lonely every single day I investigate finance 😢😢. Money is a very complex topic and is mostly revolved around personal philosophy.. There's no method that's 100% guaranteed to make you money.
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Quite true. It’s always a personal preference towards an investment philosophy. There’s nothing truly like a one size fits all approach. I wish you all the best in your journey.
@kojwangdocumentary9976
@kojwangdocumentary9976 Ай бұрын
@@thelifeofstomzyshow thank you
@AnziaSammy
@AnziaSammy Ай бұрын
Please read "the psychology of money" it will help you appreciate your theory, and it is true money is not fixed but keeps changing in different sectors.
@Novan-brautHazard
@Novan-brautHazard Ай бұрын
Majority of the ultra wealthy have their wealth tied up in stock, Real estate and other assets. Their values have grown exponentially, add that with the loophole of avoiding taxes especially capital gains, you have the gap between the rich and the poor widening everyday. Thanks for this episode, though late, helps a lot.
@blacksnowmartin
@blacksnowmartin Ай бұрын
Kind of speakers we want!!!!!!!!!!!!!!!!!!!!
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Happy to share more!
@AstridKey
@AstridKey Ай бұрын
real, value... atuletee mascientist wa Africa pia... ma founders pia
@KINGSOLVER-md4di
@KINGSOLVER-md4di Ай бұрын
Great knowledge from Stomzy. But he is wrong when he says nobody can day trade consistently.
@GlobalisVisio
@GlobalisVisio Ай бұрын
It's true. I have been trading for 3.5 Yrs now. With time you only get better. But still there are minimal losses.
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Great feedback Kingsolver, however I didn't say nobody. I said 9/10 folks will lose money consistently. If you look at past 10-K filings from Goldman Sachs, they even had losing days but compared to 300 or so days, it was 5 - 10. That's huge. I'd like to find out from you if you have information or if you also day trade and make money consistently at such a clip. If so, that's amazing and hats off to you.
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
@@GlobalisVisio That makes you part of the small successful club of 1/10'ers. Kudos to you!
@KINGSOLVER-md4di
@KINGSOLVER-md4di Ай бұрын
@@thelifeofstomzyshow Noted Stomzy. Yes I am a day trader for 2 yrs now.
@Aly-be6rf
@Aly-be6rf Ай бұрын
I agree with you on this. Long timeframe is the deal. Most day traders end in losses. I have tried it​@@thelifeofstomzyshow
@johngitahi3633
@johngitahi3633 Ай бұрын
Am good at investing with hand on deck in USA stock market. Only facing challenge in finding clients. Barrier of entry in this sector,most Kenyans don't comprehend I really do need help in this
@aleksmurithi1458
@aleksmurithi1458 Ай бұрын
Ideally the broker is supposed to make money out of the spread or commisions when you are trading. When you loose money it goes to the market (i.e for STP/ECN non dealing brokers) for dealing desk brokers, your statement could be right. In some cases even the STP/ECN brokers will hedge traders positions inhouse since they know majority of retail traders loose money. You have to be smart and disciplined to make money in trading. Would love to be a guest on this show to share my experience. Good episode though!
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Quick question for you @aleksmurithi1458. WHO is the market in your opinion? Would love to know. When we talk about someone wiping out their position, who determines the other side of the coin i.e. the winner?
@aleksmurithi1458
@aleksmurithi1458 Ай бұрын
@@thelifeofstomzyshow the market involves different financial players. In this case retail traders, hedge funds & liquidity providers aka the market makers. Every trade you take as a retail trader, lets assume a buy, there is someone else taking an opposite side which is a sell. Now these buys and sells are facilitated by the broker but passed on to a large pool of trades which is offered by the liquidity providers. It is this liquidity that faciliatates the demand and supply, hence the price movement.
@Aly-be6rf
@Aly-be6rf Ай бұрын
​@@thelifeofstomzyshowsomeone must lose money for others to gain it.
@kennedyotieno8167
@kennedyotieno8167 Ай бұрын
Thanks for this.....have been waiting for such an episode
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Thanks for waiting on it. I hope I was of clause to you here.
@AstridKey
@AstridKey Ай бұрын
36:51 How do you go back to something that has eating a fortune from you as a campus student? The ANSWER IS "GRIT" Good now please bring founders of various companies in Africa. Would recommend this podcast too: The Diary of a CEO by Steven Bartlett.
@AstridKey
@AstridKey Ай бұрын
Please work on the audio
@Tepkeny
@Tepkeny Ай бұрын
Was waiting for this episode!!
@martinmugambi3751
@martinmugambi3751 Ай бұрын
Kingori, that ka last statement that the link will be down at the description is always a scam😅. But i appreciate the knowledge, thanks for always enlightening us
@celestinas_world
@celestinas_world 10 күн бұрын
But why not promote others😢
@kevinkago6496
@kevinkago6496 Ай бұрын
Hapo kwa leverage, if you put in 200k and open a 20 million position, once you loose 80% OF your original position you get stopped out. That is to say if you loose 180k your postion gets closed and you are left with 20k in your acc that how the brokerage protects themselves
@pedacatechnologies3396
@pedacatechnologies3396 29 күн бұрын
True. The leverage is a double edged sword. It also amplifies your loss the same way it does to your profit.
@Inhomenursingservices
@Inhomenursingservices 13 күн бұрын
That’s why you are advised to think long term where you can wait for it to go back up to make your profit. Study the market and avoid buying when the prices are high.
@tmbiti
@tmbiti 24 күн бұрын
Lemme help you with the leverage explanation. 200k lev 20m then open a position, you win the leverage becomes a multiplier, if you lose the loss starts with your principal up to may be 90% of it before you get a margin call. The house always wins 😅 hope it makes sense
@BiftuStudios
@BiftuStudios 23 күн бұрын
Naah, lemmi take my time and appreciate the production side of the channel. It has been excellent lately especially with skin tone and lighting. There might be a bit of sharpness/texture on the skin but everything is on A level
@gregoryonyango8231
@gregoryonyango8231 Ай бұрын
Amazing interview with great insight
@collinsmurithi7393
@collinsmurithi7393 7 күн бұрын
if you just invest in index fund you will make money i think ive heard warren buffet say that
@AlgoCoder
@AlgoCoder Ай бұрын
Good luck, newbies, in understanding this...hii iko verry Technical
@paulnyagini
@paulnyagini Ай бұрын
😂😂😂😂 what an amateur trader.
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Thanks for the feedback. In a future episode we'll try to water it down. Too much jargon adds no value imho.
@samuelmutero8734
@samuelmutero8734 Ай бұрын
kings you need to bring onboard (ken,tarus lawi and caleb )one of the gigantic kenyan traders and founders of financial hub..
@muhiacity6274
@muhiacity6274 Ай бұрын
pia rafus kamau,
@samuelnjuguna4634
@samuelnjuguna4634 20 күн бұрын
I Samuel will prove mwendwa wrong about "Day trading is wasting time" part
@Inhomenursingservices
@Inhomenursingservices 13 күн бұрын
It’s not if you have good strategies and minimize Tamaa. I know traders who trade options for 15-30 min and get out having made their kill.
@celestinas_world
@celestinas_world 10 күн бұрын
Come dimistfy all this
@MoneyWeaver44
@MoneyWeaver44 Ай бұрын
To All the young people, i hope you heard...Compound Interest
@johnkush920
@johnkush920 Ай бұрын
What do you think of the Ndovu investment platform? Coz they have the S&P 500 coz I am a beginner
@Moneyweaver8
@Moneyweaver8 Ай бұрын
​@johnkush920 as beginner, we have what is called Fractional Shares...you are to start small then grow to a better capital that you can now invest in Whole Shares
@jamesmbogo9588
@jamesmbogo9588 Ай бұрын
@@johnkush920 Compound interest and 30 year period yet Stomzy is young and making money come on !!!!!
@carlwambu
@carlwambu 23 күн бұрын
@@johnkush920waiting for this response
@xtinctstyle
@xtinctstyle 28 күн бұрын
At 1:21:30 about whether babies keep people poor, I think Reproduction is just a different economy all together that should not be equated with money. If you invest properly in kids, then your benefits are that you may generate a wealth that can keep you comfortable all the days of your life on earth. It's like planting trees that take 10 to 20 yrs to grow just to get the benefits. Also consider the joy, satisfaction and legacy that is attached in having kids. Having kids will cost you just the same as putting in investment capital over time expecting a certain value after a certain period of time.
@two3fourblock653
@two3fourblock653 Ай бұрын
such a smart interview about stocks
@Moneyweaver8
@Moneyweaver8 Ай бұрын
Guys, lets remember that the Speaker was very clear, Stock and ETF investing is AMONG the investment vehicles you can use. Most importantly that Stocks and etfs is a compounding game. If this doesn't work for you there are sooooo many other avenues in the Global Financial Markets
@Moneyweaver8
@Moneyweaver8 Ай бұрын
Also, nothing is a guarantee. I mean, so of you guys went to school for decades, and still the job is NOT available, but you still gambled😅
@MoneyWeaver44
@MoneyWeaver44 Ай бұрын
Best way is to Practice with Fractional Shares for a start, grow then move to the Big Table with Like $50,000
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
100% agree with you MoneyWeaver. Fractional shares have been a game changer for folks starting out to get exposure and have their money work for them.
@lordofshorts777
@lordofshorts777 Ай бұрын
Which platform for fractional shares?
@celestinas_world
@celestinas_world 10 күн бұрын
Please share
@prepmyfinancials
@prepmyfinancials Ай бұрын
Indices are the way🎉 27:15
@Levismutethia
@Levismutethia Ай бұрын
Hello, I am trying to learn indices and I could appreciate guidance.
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Cost effective and passive. Best way to make yourself some good money without any active labor and you get to own the best performing companies
@clintonstety6793
@clintonstety6793 Ай бұрын
Leo me ndo wakwanza tebu mlike
@markmuteti9578
@markmuteti9578 Ай бұрын
Standard Chartered bank can help you invest in offshore assets be it bonds,shares etc...,
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
They sure can. Make sure you check their fees and all associated costs to weigh their options
@markmuteti9578
@markmuteti9578 Ай бұрын
The only app that I know that one can buy offshore shares, ETFs etc is Interactive brokers.
@josiahkuria3796
@josiahkuria3796 Ай бұрын
Until people open their eyes and realize fx is a knowledge investment that takes 4yrs of data collection,psychology strategy engineering and personal change to make money ….they will ALWAYS say trading doesnt work coz walishindwa kujishinda wao wenyewe
@FestusJoseph-v5y
@FestusJoseph-v5y Ай бұрын
Absolutely, well put!! I have experience in this, it is the real deal!!
@pedacatechnologies3396
@pedacatechnologies3396 29 күн бұрын
Correct! Once you get the skill you can make money consistently even as a day trader.
@MoneyWeaver44
@MoneyWeaver44 Ай бұрын
For Beginners, Leverage NEEDS TO BE WELL UNDERSTOOD before you touch it, otherwise you BURN!
@magdalenembithe6675
@magdalenembithe6675 Ай бұрын
you are right. i have personally tried forex trding. if you are doing it yourself lke i was, you can make 100k in a day and the vice versa is absof*ckinglutely very possible
@VictoriousCyber
@VictoriousCyber Ай бұрын
King tumia microphone achana na lappele bwana. Sisi hatuna shida na noise kidogo, we want the voice...
@giddyakali27
@giddyakali27 Ай бұрын
Doctor King'ori wants to move his life in a small way. He does not need to move the market. Move your life bwana😂
@stellarombe9614
@stellarombe9614 Ай бұрын
I just say this its good to jave a family you can manage otherwise you will make money but die very sad person with no one to share your wealth with.
@Caren_Korir
@Caren_Korir 5 күн бұрын
" a platform for example the one that I used" which one?
@officialcharleskariuki
@officialcharleskariuki 9 күн бұрын
KES 4,000 based on the USD FX rate then, it was equivalent to USD 200. Assuming they saved what you stated KES 500/month= USD 25 then over the 33 years (1991 -2024) the investment would be USD 77,233.2. This is before factoring in inflation. In the 90s inflation was through the roof e.g. in 1991- 20%, 1992- 27%, 1993-45%, 1994-20% (Goldenberg era) from 1997-2012 an average of 10%, then from 2012 on average single digit trending from 5% to 9%. Inflation can wipe out investments easily. One has to be extremely wise. If you are 40 now and hope to retire when 65. Assuming your monthly bills now are KES 150,000, you will need KES 600,000 if not more then to sustain the same lifestyle as now.
@davismichubu3357
@davismichubu3357 Ай бұрын
was the show about Tech or Forex?😅
@mattn_kk
@mattn_kk Ай бұрын
Ray Dalio's story is very insightful.
@joshuamutunga9045
@joshuamutunga9045 Ай бұрын
Knowledge is the solution
@Borinitrades
@Borinitrades Ай бұрын
Watu wa stocks waachane na daytrading😅😅
@anthonykahuga2372
@anthonykahuga2372 Ай бұрын
forex and stock are the same. Experience and strategy matter to make profit.
@mwendwamusau
@mwendwamusau Ай бұрын
They have a lot of similarities, but they're different in that stocks have inherent value, meaning that there's actually a company creating real life value behind the stock whereas forex is speculation on price movement of fiat currency pairs
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
@@mwendwamusau Couldn't have said it better. Betting on fiat is a hard ask for anyone who doesn't have in-depth market information with a bias towards policies that shape currency fluctuations. The small pip changes are owned by algos. I'm yet to see someone beat that regularly.
@georgehudson4961
@georgehudson4961 Ай бұрын
Well said😊​@@mwendwamusau
@clemarkstheone.
@clemarkstheone. Ай бұрын
Increase volume to your videos.
@victorphillips3018
@victorphillips3018 Ай бұрын
Some things he gets wrong here. The financial markets don't run on the forces of demand and supply, so there's no such horseshit as a tug-of-war between buyers and sellers. They're absolutely manipulated algorithmically. For example, just take a look at what happens during red folder news events like CPI, FOMC, NFP...or in a classic SHTF scenario where a major bank collapses or a new pandemic is declared. See what happens on lower timeframes that high-frequency trading algorithms also book orders on? Also, he explains the whole concept of leverage inadequately. Strictly speaking, it's never a loan. Just some sort of performance bond to allow you to control a larger position. No new money is ever created in these markets, remember.
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Victor you contradict yourself slightly here. What is a bond anyway if not a debt instrument? Fact is you’re 100% right that it’s humans(retail investors and traders) vs computers. I thought I mentioned that. When it comes to demand and supply i firmly support that case because what is a market if it isn’t demanded by these forces? That would be something totally different. The algos you speak of work on the same principle because the game has its rules. Quick question for you, when you’re also purchasing or selling assets, are you not acting on the same principles as well? The concept of leverage spoken here was watered down for any lay to get to understand how it works. But you have a better grasp of the basics so let’s work with yours then.
@philipmwangi5270
@philipmwangi5270 Ай бұрын
So when i did my calculations, the future value of your monthly investment of $150 for 30 years, with an annual return of 10%, would be approximately $341,899. Assuming after adjusting for 3% inflation every 10 years, the inflation-adjusted value would be around $312,886.
@Aj.-
@Aj.- Ай бұрын
At around 15-17 minutes, I would like to comment. In trading, a small amount of money alone isn't sufficient; you need a broker to interact with the market. The broker provides leverage on your capital, enabling you to trade. For example, leverage ratios like 1:500, 1:1000, or 1:3000 mean that if you have $10, the broker multiplies your funds according to the leverage you choose. What generates profit in trading is the lot size and the number of pips that the market moves, not exactly how Dr. King'ori described it.
@carlwambu
@carlwambu 23 күн бұрын
Nikujie lessons wapi
@SemiAnon
@SemiAnon 16 күн бұрын
35:22 POINT OF CORRECTION: In Trading, IF you're using Margins/Leverage/Borrowed Funds, The House/Platform Always LIQUIDATES Your Position if Your Loss is equivalent to your cash. i.e If You have 1000KES, and use 10x leverage, You will be given an extra 9000KES to make a total of 10,000KES. IF Your Loss nears 1000KES, e.g 990KES loss, Your position will be Liquidated/Sold off at MARKET Price in order for the HOUSE/PLATFORM/LENDER to recover their 9000KES along with the small lending fee.
@mercyokado9037
@mercyokado9037 26 күн бұрын
Day trading works well... have one pair and trade your plan with realistic targets. Knowing when not to trade is key in day trading
@tobbiechels3641
@tobbiechels3641 19 күн бұрын
Thats a nice topic but ive been wondering have you come across someone called Kajuju the great
@susankariuki449
@susankariuki449 13 күн бұрын
@@tobbiechels3641 who Iz that?
@dankips9721
@dankips9721 27 күн бұрын
I like this guy already how can I reach him
@isyouseriousrightnow
@isyouseriousrightnow 22 күн бұрын
the long game needs a full proof plan cause there is no guarantee that you being 40 will get to see the return on your investment at 70. You need a realistic plan that can help build wealth quick and easy.
@Adrian-oq7em
@Adrian-oq7em Ай бұрын
You Stormzy, Have you got any insights on crypto?
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
What’s up Adrian. I really don’t have much info on crypto assets. I don’t own any.
@Jeffrey23464
@Jeffrey23464 Ай бұрын
does he mention the platform that he uses
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
I use Etoro
@harrisonmarex
@harrisonmarex Ай бұрын
Nilichoma 12k during my first day of trading in 2012, that also happened to be my last day
@judywangari392
@judywangari392 Ай бұрын
😂😂
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Tough lesson apo Harrison. Inaitwa kulipia tuition fees. Pole sana
@DeepDiveBible
@DeepDiveBible Ай бұрын
Am a trader and loses are part of the game if you trade with 100% winrate it will crush you ,,you shouldn't have given up i lost mutiple times during my first months bt i decided to learn first and understand the market today its my full time job
@walternyabaro6602
@walternyabaro6602 Ай бұрын
Ungebuy kabitcoin utulie
@BettKimtai
@BettKimtai Ай бұрын
🤣😆🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
@anthonykahuga2372
@anthonykahuga2372 Ай бұрын
Forex is real but many people dont have the strategy. People have also lost in stocks it all boils down to what's your strength. Imagine buying stock at 25 so that you can sell when you are 75 yes LOL.
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Absolutely. It's a personal decision and strategy. There's truly no investment philosophy that can be universal to everyone. We each have our own risk appetite and goals for the money so if Forex makes sense for someone and you have the strategy, by all means go out there and crush the market.
@jamesmbogo9588
@jamesmbogo9588 Ай бұрын
You'll probably never make money 😂😂😂 and will live being poor
@jamesmbogo9588
@jamesmbogo9588 Ай бұрын
That is if one decides to compound ............... izi statistics zao hazimake sense
@harunsimon6357
@harunsimon6357 Ай бұрын
Stomzy thank you for your time and sharing your Ideas/views on trading, however I feel your making trading look so so hard....I wonder how this interview will motivate an aspiring trader honestly.... A beginner there in mathare.....feels like the interview was being addressed to the high income earners in Kenya only and possible to them..... you've made trading look impossible and very hard....Your well versed but the approach you have into trading and how you explain,is complicated.
@Jeffrey23464
@Jeffrey23464 Ай бұрын
it is hard. only 5% of traders make money
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Hey Harun. My apologies if I made it look difficult. However I was just sharing my thoughts on a subject that I’m quite concerned about since the agenda is quite popular. Not saying that it’s impossible to be a successful day trader but the amount of odds stacked against you is extremely tough. If it was an easy undertaking almost everyone would do it. I’d say learn what you can and what works for you go for it. I’m a long term view kind of guy so it’s investing and holding forever.
@celestinas_world
@celestinas_world 10 күн бұрын
​@@thelifeofstomzyshowDo you mind giving lesssons to amateurs.. kindly
@SAMUELKAMAU-e5q
@SAMUELKAMAU-e5q Ай бұрын
1.link ya stormzy iko wapi , 2. alafu kuna ile swali ya biz inaweza kumakia profit ya 50k profit make sure ku uliza in the next interviews we need an answer on that
@emmanuelmaina
@emmanuelmaina Ай бұрын
Hio haina jibu..enda kwa comments ya io clip hakuna jibu😅
@nyariarosteve1454
@nyariarosteve1454 Ай бұрын
Fellas yiu should reas about the turtle traders, richard d wyckoff, Jesse Livermore and the likes
@gideonmsanifu7586
@gideonmsanifu7586 Ай бұрын
On the inflation argument. Kingori, kuna kitu unasahau. The income itaongezeka according to inflation too. So installment zake ataincrease
@kelvinmurimi8185
@kelvinmurimi8185 Ай бұрын
Income doesn't necessarily increase with rising inflation.
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Correct! Commensurate to inflation. Punch ya leo haina purchasing power kama punch ya 1991.
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
@@kelvinmurimi8185 Interesting point. Isn't it absurd how some careers still have outdated incomes vis-a-vis the times we live in. Yet folks are expected to make due and live.
@gideonmsanifu7586
@gideonmsanifu7586 Ай бұрын
@@thelifeofstomzyshow like the 4000, guy in 1971, maybe if that time 4000 was a the price of the skill he provided to his employer (salary) It would be illogical for him to sell his skill for 4000 today. If 4000 in 1971, is 100,000 today, then I believe his salary must have increased. If not, he died of poverty and our analysis doesn't matter. In other news, I tried Etoro, it said that it is not available in our region.
@gideonmsanifu7586
@gideonmsanifu7586 Ай бұрын
@@kelvinmurimi8185 if it doesn't in a long period. You cannot survive. If a doctor was paid 5000 in 1970, show me any doctor you will pay that money today.
@GideonMuchiri
@GideonMuchiri Ай бұрын
So according to this expert the only way to invest is to let money sit untouched for 30 years ?
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Ideally forever. But 30 should be your minimum to help you retire for example but in the long run you want to win in the game by letting compounding do it's magic for you. At the end of the day it's always based on your needs and risk appetite.
@gideonmuchina9242
@gideonmuchina9242 12 күн бұрын
To be honest huyu jamaa hajui trading forex n nn Maybe stock
@Godsown-2
@Godsown-2 Ай бұрын
Thanks very informative!
@TheWickedEditionDrKingori
@TheWickedEditionDrKingori Ай бұрын
God’s Own, thank you for the kind feedback🙏
@benjaminokeyoh5270
@benjaminokeyoh5270 Ай бұрын
My only advice to your viewers is that they should invest in trading knowledge.
@VirtualAntony
@VirtualAntony Ай бұрын
23:50 😂Nimeona Bwana King'ori ameskuma kitabu na akasema 'Let's talk right now..." nikajua it's about to go down(Kevin Hart's voice)😂😂 Note taking and calculations aside, now let's "chemsha ubongo".
@donpapi90
@donpapi90 22 күн бұрын
what happened to sound ??
@ERIC-rt4zm
@ERIC-rt4zm Ай бұрын
Na next time pia sisi tunataka kuona screen
@herbertkinyua55
@herbertkinyua55 Ай бұрын
Point of correction: Warren Buffett started buying $AAPL stock in 2016, not in 2005 as he previously stated.
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Great catch. In the heat of the moment I blurbed a non-existent fact. Too many dates and years to remember. My bad. 🤦‍♂
@RE_Ark_shon
@RE_Ark_shon Ай бұрын
Shika NSE enda cheza nayo??!!!
@bryanotinga2786
@bryanotinga2786 Ай бұрын
@Stormzy Which platform do you use to get insider information.
@SuperBayara
@SuperBayara Ай бұрын
It's not really "insider information" per se. It's just seeing where the money's going. He's definitely talking about the Chicago mercantile exchange. Insider information is like getting infor that Apple is about to launch an affordable version of the iPhone. At that point nobody knows, so you get to purchase a ton of shares before this news comes out
@johngitahi3633
@johngitahi3633 Ай бұрын
Am good at investing with hand on deck in USA stock market. Only facing challenge in finding clients. Barrier of entry in this sector,most Kenyans don't comprehend I really do need help in this
@TintTv.
@TintTv. Ай бұрын
Tech bro's we meet here
@travisnillerke3842
@travisnillerke3842 Ай бұрын
Lemme help Stormzy understand that "To make money you've to take a risk, to keep money that's when you don't take a risk" if you play safe you won't generate generational type of wealth. Risk=Rich...
@kamahuha
@kamahuha Ай бұрын
Totally dangerous way of thinking.
@travisnillerke3842
@travisnillerke3842 Ай бұрын
@@kamahuha Having a working strategy, a solid plan, luck and enough experience regardless you're losing or winning as long as you are risking with what you can afford to loose is way better. Imagine playing it too safe + for too long then one day you wake up and the market crashed and you lost alot/all of all your money. Stock market is too volatile. Day trading by confluencing technical, fundamental and sentimental analysis increase chances of winning streaks thus more returns on initial capital.
@danielkinyua8524
@danielkinyua8524 26 күн бұрын
That is why traders should look into prop firms and tell them to reduce leverage. Play the long game and target 10-15%. Ama vipi Stormzy
@content_ai_
@content_ai_ Ай бұрын
6:35 Ray dalio isn't the founder of blackrock. Its bridgewaters..anyways...continue
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Thanks for catching that. I keep mixing up the two. Appreciate you catching me on a BS moment. All the same, Principles is a great book by Ray and one that I'd recommend to anyone checking out his work.
@mose26
@mose26 Ай бұрын
Twitter isn't publicly traded as well, Elon took it private when he bought it.
@mose26
@mose26 Ай бұрын
Goldman reserves portfolio management to VP's and exec's, not even senior associates level alone junior's. But yeah, VP's do manage portfolios of $10m on average.
@content_ai_
@content_ai_ Ай бұрын
@thelifeofstomzyshow @thelifeofstomzyshow hey man! I'm a developer and I have this idea of building a tool for investment analysis, just like portfolio analyser (check the website) for people to set their investment goals and even plan for their retirement. But in this case it will be for east african stocks and bonds. I'm looking for a marketing partner who will connect with people.
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
@@mose26 Mose I beg to differ, I work with Goldman on a day to day basis and I can tell you for a fact junior traders fresh off school on their trading desk portfolios get started with $10M. Execs and VPs handle M&As, IPOs etc. I’m yet to see VPs handle trading desk work when they’re bigger fish to fry
@simonkagwe5632
@simonkagwe5632 28 күн бұрын
The audio needs a little improvement.
@stephenworesha2513
@stephenworesha2513 23 күн бұрын
7:35 "A bull market inamaanisha theres no money, business is low" 😂😂😂 Dr. King'ori Chill😂
@celestinas_world
@celestinas_world 10 күн бұрын
Bullish and bearish he means
@morrismari9454
@morrismari9454 Ай бұрын
I don't think the gentleman has traded before. Brokers make commissions when you lose or profit.
@neptunelyx3839
@neptunelyx3839 19 күн бұрын
Not all. 2types of brokers A book and B book brokers. A book brokers when you trade if you buy they sell, meaning you win they loose and vice versa. They have huge spreads also. No commission for them. B book brokers they put your order directly on the market. They charge commissions and low spreads. Learn before Earn
@AndrewKithex
@AndrewKithex Ай бұрын
@kingori 2m for a 2000 teacher is enough for buying a plot and setting a poultry farm.
@SuperNyax
@SuperNyax 22 күн бұрын
You can put a trail stop order on your day trading. That means you won’t loose much money while trading and the stop loss follows the chart up. The speaker is knowledgeable but seems like he gave up too soon. I day trade and average 5 percent a day. Easy money.
@fashiontrendske7948
@fashiontrendske7948 Ай бұрын
Good vybz, but sound 😢
@NDUNGUDAVIDICTstudent
@NDUNGUDAVIDICTstudent Ай бұрын
people still think markets move due to buying and selling pressure?
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
Honest question? What moves markets in your own opinion and experience?
@NDUNGUDAVIDICTstudent
@NDUNGUDAVIDICTstudent Ай бұрын
@@thelifeofstomzyshow Algorithm is what drives the Financial markets, and it is based on Time and Price.
@edmwangi6959
@edmwangi6959 Ай бұрын
​@@NDUNGUDAVIDICTstudent ICT would laugh out loud to this guy
@NDUNGUDAVIDICTstudent
@NDUNGUDAVIDICTstudent Ай бұрын
@@edmwangi6959 Manze , actually is logical, Nothing is Random.
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
@@NDUNGUDAVIDICTstudentfollow up question. So in an instance where The Fed makes an announcement to hike or cut rates, the algorithms decide which side the market moves because of time and price. If so then would you accurately predict which side a market Brent Crude will go at 7:00PM EAT when the price is for example $70 a barrel?
@lethalstreak
@lethalstreak Ай бұрын
1 usd in 1991 was 25 kenyan shillings. Therefore she would have been investing $20 instead of $3 in the example. Can someone recalculate in the comments please and we see how much she would have had in 30 years?
@TraderKibet
@TraderKibet Ай бұрын
hiyo link ya jamaa wetu iko wapi 😂😂
@bmkpeter6773
@bmkpeter6773 Ай бұрын
Great info but He is wrong when he says you cannot make money consistently day trading
@thelifeofstomzyshow
@thelifeofstomzyshow Ай бұрын
You got any data to back up your fact Peter? I'd like to educate myself even further.
@celestinas_world
@celestinas_world 10 күн бұрын
He made it clear, you need info
@timonwasilwa8365
@timonwasilwa8365 26 күн бұрын
Sasa mnataka zakayo aingilie huku tena. 😢
@GlitchGangKE
@GlitchGangKE Ай бұрын
Who is a tech bro btw?
@benjaminokeyoh5270
@benjaminokeyoh5270 Ай бұрын
What you are saying is not what moves the market bro. However, you know something
@celestinas_world
@celestinas_world 10 күн бұрын
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