Trading highlights

Hi guys
To add on the the post by nikki earlier, I would like to highlight some of the guidelines that our prof has already uploaded that maybe we should take special note of.

The group will need to maintain a weekly journal essay at the end of every week. The essay need only be about 100 words each week journaling the rationale of the week’s buy/sell/hold strategy. All these weekly journal essays will be consolidated into a 900 word essay and be included in the Chapter 5.

So I guess this means that when we buy/sell during each week, we'll have to keep a short description of the rationale for each transaction.


Trading Rules
1. Trading only from 9-5 on weekdays.
2. Transaction cost per trade is CHARGED. The transaction cost includes:
i) 0.275 percent brokerage fees. If this amount is less than $25, then $25 would be charged.
ii) 0.04 percent clearing fees. If this amount is more than $600, then $600 would be charged.
iii) 0.0075 percent SGX access fees.
3. $1,250 penalty per trading day if closing cash balance > 20% of the book value
Made this table:
4. Trading is in round lots--> by the thousands. 1000,2000,3000...