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STOCK MARKET DISCUSSION V150
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junyin
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Aug 13 2018, 03:01 AM
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New Member
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Hey guys, I want to ask about t+3 contra gain+loss. So I am currently using cash upfront account. If I were to buy and sell within t+3, I would not have to pay the stamp duty, broker fees and clearing fees at the end of the day is it? I will just collect or lose the difference between the share price right?
Because only after t+3, my name will be listed on the shareholders list right?
And if what I said above is correct, then why do we need to pay for intraday since it is within t+3?
Intraday is buying and selling same counter regardless of the number of units right?
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junyin
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Aug 13 2018, 11:52 AM
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New Member
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Ohhhh, but I thought cash upfront only can buy using the amount of cash in our account? Because when I make a transaction, they will automatically make the changes in my account. And they will state there the trading limit.
So if it's not cash upfront account, it has to be share margin account to enjoy the benefits of t+3?
Is there a difference in fees if I make a transaction when the market opens or closes? Like before 9am and after 9am. Or this depends on my broker?
I did tried to find info on these, but it made me even more confused. 😣😣
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junyin
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Aug 27 2018, 04:51 PM
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New Member
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Intraday works on the same counter right? What if I have 1000 stocks of abc counter on day 1, then day 2 I buy 500 additional stocks then sell 800 on the same day. How will these be calculated then?
Why do some companies have long term net loss but their prices is still in a certain range? Isn't this safer since the prices will go up and down in that range?
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