QUOTE(bmwcaddy @ Jul 25 2019, 04:16 PM)
you mean why the price adjustment?all stocks are like that. The price is automatically adjusted on ex-date.
STOCK MARKET DISCUSSION V150
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Jul 27 2019, 09:59 PM
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1,917 posts Joined: Sep 2012 |
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Jul 29 2019, 09:47 AM
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1,744 posts Joined: Nov 2007 |
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Jul 29 2019, 09:56 AM
Show posts by this member only | IPv6 | Post
#2163
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4,082 posts Joined: Apr 2006 |
Just a thought, is it wise to use another trading account to make some quick profits when the share prices drop?
I have 2 accounts and 1 account is not used. For example, airasia dropped a lot today and there's nothing much I can do besides average down with my main account. On the other hand, i was thinking about using the other account for quick profits. Any thoughts/advise? |
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Jul 29 2019, 10:03 AM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(silverwave @ Jul 29 2019, 09:56 AM) Just a thought, is it wise to use another trading account to make some quick profits when the share prices drop? LOL, 2 account 3 account 4 account, money also come from same pocket.I have 2 accounts and 1 account is not used. For example, airasia dropped a lot today and there's nothing much I can do besides average down with my main account. On the other hand, i was thinking about using the other account for quick profits. Any thoughts/advise? There is no different in your net position, whether you buy from 1st ac or second ac. |
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Jul 29 2019, 10:21 AM
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36 posts Joined: May 2014 |
Want to ask, if i buy stocks AA with contra account, will i still get the deviden? For AA, when will the dividen come in?
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Jul 29 2019, 10:43 AM
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637 posts Joined: Nov 2018 From: Taman Sri Muda |
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Jul 29 2019, 11:40 AM
Show posts by this member only | IPv6 | Post
#2167
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4,082 posts Joined: Apr 2006 |
QUOTE(cherroy @ Jul 29 2019, 10:03 AM) LOL, 2 account 3 account 4 account, money also come from same pocket. Lol, of course same pocket. What i meant was if i have 5 lots at RM3, i will need to pump quite a lot to average it down based on the latest price (Rm2).There is no different in your net position, whether you buy from 1st ac or second ac. Instead, with a fresh account, i can buy at Rm2 and perhaps sell it off at Rm2.20. Quicker to make small profits, that's all. |
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Jul 29 2019, 12:04 PM
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4,498 posts Joined: Mar 2014 |
QUOTE(silverwave @ Jul 29 2019, 11:40 AM) Lol, of course same pocket. What i meant was if i have 5 lots at RM3, i will need to pump quite a lot to average it down based on the latest price (Rm2). Same money, no difference. U can have as many accounts as u like, u r not getting any richer. Instead, with a fresh account, i can buy at Rm2 and perhaps sell it off at Rm2.20. Quicker to make small profits, that's all. But I guess if it makes u feel better then why not...haha This post has been edited by Cubalagi: Jul 29 2019, 12:05 PM |
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Jul 29 2019, 12:07 PM
Show posts by this member only | IPv6 | Post
#2169
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2,093 posts Joined: Apr 2005 |
QUOTE(silverwave @ Jul 29 2019, 11:40 AM) Lol, of course same pocket. What i meant was if i have 5 lots at RM3, i will need to pump quite a lot to average it down based on the latest price (Rm2). Short the position. Instead, with a fresh account, i can buy at Rm2 and perhaps sell it off at Rm2.20. Quicker to make small profits, that's all. Sell now and buy back lower. Rinse and repeat until back to parity? |
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Jul 29 2019, 02:32 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(silverwave @ Jul 29 2019, 11:40 AM) Lol, of course same pocket. What i meant was if i have 5 lots at RM3, i will need to pump quite a lot to average it down based on the latest price (Rm2). Previously, you had 5 lots at Rm3.Instead, with a fresh account, i can buy at Rm2 and perhaps sell it off at Rm2.20. Quicker to make small profits, that's all. Now buy new fresh batch at Rm2.00 and sell at Rm2.20, you don't make a profit? Must use fresh account to buy, only consider profit? This kind of math is beyond my understanding... Also, you need to take in account of the previous bought Rm3.00, should be adjusted to Rm2.10 due to special dividend ex. Stock market is about making money only, not about find a way of inventive "syiok sendiri" figure. Can just treat it a different batch, ABC-batch1 or 2 in excel, if really want to. |
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Jul 29 2019, 02:44 PM
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4,154 posts Joined: May 2005 |
QUOTE(cherroy @ Jul 29 2019, 02:32 PM) Previously, you had 5 lots at Rm3. LOL! Exactly what I thought Now buy new fresh batch at Rm2.00 and sell at Rm2.20, you don't make a profit? Must use fresh account to buy, only consider profit? This kind of math is beyond my understanding... Also, you need to take in account of the previous bought Rm3.00, should be adjusted to Rm2.10 due to special dividend ex. Stock market is about making money only, not about find a way of inventive "syiok sendiri" figure. Can just treat it a different batch, ABC-batch1 or 2 in excel, if really want to. The logic really take my breath away. |
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Jul 29 2019, 03:26 PM
Show posts by this member only | IPv6 | Post
#2172
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4,082 posts Joined: Apr 2006 |
QUOTE(cherroy @ Jul 29 2019, 02:32 PM) Previously, you had 5 lots at Rm3. Now i get what you mean, regardless of which account. Didn't see it that way earlier because i usually sell the whole lot one time so my mind was stuck with the final average down number vs current price Now buy new fresh batch at Rm2.00 and sell at Rm2.20, you don't make a profit? Must use fresh account to buy, only consider profit? This kind of math is beyond my understanding... Also, you need to take in account of the previous bought Rm3.00, should be adjusted to Rm2.10 due to special dividend ex. Stock market is about making money only, not about find a way of inventive "syiok sendiri" figure. Can just treat it a different batch, ABC-batch1 or 2 in excel, if really want to. |
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Jul 29 2019, 03:37 PM
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1,444 posts Joined: Aug 2014 |
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Jul 31 2019, 03:57 PM
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3,812 posts Joined: Apr 2009 From: West Malaysia |
nobody discuss about:
RHB Bank share trade suspended on an asset disposal announcement? https://www.theedgemarkets.com/article/rhb-...al-announcement |
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Jul 31 2019, 11:31 PM
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4,498 posts Joined: Mar 2014 |
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Aug 1 2019, 09:34 AM
Show posts by this member only | IPv6 | Post
#2176
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513 posts Joined: Dec 2006 |
With September interim dividend incoming for many stocks, any recommendations?
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Aug 2 2019, 01:30 PM
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4,498 posts Joined: Mar 2014 |
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Aug 2 2019, 04:49 PM
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1,917 posts Joined: Sep 2012 |
Japan and South Korea trade war: any opportunity here?
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Aug 2 2019, 10:38 PM
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5,752 posts Joined: Jan 2012 |
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Aug 3 2019, 01:04 AM
Show posts by this member only | IPv6 | Post
#2180
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