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The first team consists of ggod and gijoe9 a couple of Canadian kids. We intend to restrict our trading. We have agreed to discuss all our trades except for a discretionary amount for each of us and will not buy without the agreement of the other. I am intending to use 40k of each currency to buy 4 income earning equities the positions will be 10k each +- 2% 5-7k will be for speculation 1k will be for speculation in options and 3-4k will be in cash for short term opportunities. We have already discussed some of our trades. Jeff will be using a similar strategy but will be much more diversified. He will be seeking value plays in blue chips he will also have some of his port in speculative plays. Jeff will not be using options.
You do not have to post your strategy here but feel free to do so if you like. We intend to maintain this game for at least one yr and probably more. If you do not trade in Canadian equities just ignoe that Currency and trade only in US$'s. I intend to post team standings in this forum.If you have trouble finding a team mate let me know and I will try to hook you up. Good luck to all,
Joe
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