draft trading rules:
1. The first buy into a counter will not be charged a transaction fee (IPO stype). Subsequent transactions will be charged 2.1% standard

2. Buy orders will be executed AFTER sell orders
3. Once a sell order has been executed, the proceeds are immediately available for further trading (buys), technically meaning switching of counters is allowed. However, when switching, both the buy and sell will be charged the transaction fee . . .
4. Whenever orders are placed, the transactions will be executed at next available closing prices (BEFORE NEXT OPENING OF MARKETS)and confirmed on the thread
5. Reports will be reported either weekly (Friday closing) or in between when there are exciting developments (buys, sells, splits, dividends, etc)
6. Strategy will be measured on the 3 metrics:
a. Costs incurred when trading
b. Losses on individual counters
b. Book profits - (valuations will NOT be charged a 2.1% fee)

Happy trading

@y, i have to do it last minute - whats the use of being an African if i cannot?

My picks: EB/0; KK/0; CFCS/0; KPLC/0; KenRe/5000

wooi i just poked the phoenix's in the eye....

stat, I had picked both equity and bbk but i decide to abandon equity for more bbk. But in real life I have equity and not bbk. Plus i think equity's fantastic results were already anticipated by everyone when they announced their Q1 results. I think the BIG RALLY will come next year when they announce their full year results and not by 19th October(when this competition ends) Barclays meanwhile is trading at a lower p.e. and at 70 is still cheap in my opinion. Otherwise, I can't wait for Monday. I see you chose Equity but didn't put an order through. So you're expecting it to trade lower than it is during the 3 months? Interesting.

@vvs will take Olympia , Everready , and Unga. Lol. Lol. And those givin their posts late ar copying.....and No consultin the Supremo himself Aly khan . 'Thank goodness ' his email address isnt workin.