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 Rakuten Trade, A new online trading platform

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FWDtech P
post May 9 2020, 05:23 PM

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QUOTE(vergeofcollapse @ May 9 2020, 03:10 PM)
Example:
On Tuesday, you bought 100 unit of RM1.00 stock, that's RM100. You sold at RM1.05, so you made RM105-RM100 = RM5
Then you decided to buy again at RM1.10, 100 units. And then proceeded to sell at RM1.15, so you made RM115-RM110 = RM5
So you thougt to yourself, hey I just made RM10, not bad

However, since you did this within single trading day, herein "intraday",
so the total bought price will become (100unit xRM1.00  + 100 unit x RM1.10) = RM210/200 = RM1.05

and the total sell price will become (100unit xRM1.10 + 100 unitsxRM1.15) = RM225/200 = RM1.125

So your total gain = 100unit x (RM1.125-RM1.05) = RM7.5

The above example excludes the transaction fee which I don't include here to avoid confusion. But you get the whole picture. You can repeat the buy/sell as many times you want to by using intraday-trading, however the realized profit will still base on the total buy/sell price.
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The problem is not at all related to this explanation. I am very well-versed on the stock market. Thank for you for trying to clarify things though thumbsup.gif
solstice818
post May 9 2020, 05:52 PM

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QUOTE(FWDtech @ May 9 2020, 05:23 PM)
The problem is not at all related to this explanation. I am very well-versed on the stock market. Thank for you for trying to clarify things though thumbsup.gif
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Then, have you found your answer?
Banana95
post May 9 2020, 06:53 PM

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Hi all,

I have encountered some problem confused.gif during deposit transaction. Due to certain reason, I have used a 3rd party account to deposit money into the rakuten cash upfront account.
But then the transaction was failed with the reason "Transaction from 3rd party account".

However, the money in my bank has been deducted? ANY IDEA how to solve this?

Thank you.

Morales
post May 9 2020, 07:04 PM

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QUOTE(Banana95 @ May 9 2020, 06:53 PM)
Hi all,

I have encountered some problem  :confused: during deposit transaction. Due to certain reason, I have used a 3rd party account to deposit money into the rakuten cash upfront account.
But then the transaction was failed with the reason "Transaction from 3rd party account".

However, the money in my bank has been deducted? ANY IDEA how to solve this?

Thank you.
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You cannot use other invidual bank account other than yours. If the bank account you use to deposit is a 3rd party account, go send an email to their customer service staff.
_kilakila_
post May 10 2020, 11:34 PM

JUST DO IT!
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Im currently using Maybank CDS account to trade but the problem is it takes almost 4-5 days to withdraw money after i sell off. Wanna ask all sifu here is all the trading house the same? any platform can get money faster after sell off shares? is rakuten trade good ? sorry if this question has been answered before...
vergeofcollapse
post May 10 2020, 11:49 PM

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QUOTE(_kilakila_ @ May 10 2020, 11:34 AM)
Im currently using Maybank CDS account to trade but the problem is it takes almost 4-5 days to withdraw money after i sell off. Wanna ask all sifu here is all the trading house the same? any platform can get money faster after sell off shares? is rakuten trade good ? sorry if this question has been answered before...
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Tuesday sell off, wait for two days. Friday morning you can withdraw any amount out which you have sold on Tuesday.
_kilakila_
post May 10 2020, 11:58 PM

JUST DO IT!
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From: Kuala Lumpur

QUOTE(vergeofcollapse @ May 10 2020, 11:49 PM)
Tuesday sell off, wait for two days. Friday morning you can withdraw any amount out which you have sold on Tuesday.
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thanks for your reply!! smile.gif smile.gif
NextDoorMan
post May 11 2020, 07:53 PM

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Hi! I am holding Maybank stocks, but I still dont see any email regarding the dividends. How long do they take?
potatoes
post May 12 2020, 03:28 PM

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QUOTE(NextDoorMan @ May 11 2020, 07:53 PM)
Hi! I am holding Maybank stocks, but I still dont see any email regarding the dividends. How long do they take?
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They have credited today. Go check your account and see.
krizalid88_real
post May 13 2020, 04:19 PM

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rakuten website down since 4pm today.. fuuuuuu
vergeofcollapse
post May 13 2020, 04:39 PM

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QUOTE(krizalid88_real @ May 13 2020, 04:19 AM)
rakuten website down since 4pm today.. fuuuuuu
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Indeed, entering flipping table mode
TruboXL
post May 13 2020, 07:05 PM

Keep on keeping on! 👍
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fuuu i thought i am the one crazy too

webpage not responding

app also lag
krizalid88_real
post May 13 2020, 07:21 PM

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QUOTE(TruboXL @ May 13 2020, 07:05 PM)
fuuu i thought i am the one crazy too

webpage not responding

app also lag
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website not responding around 4pm where during that time i'm struggling with my HLT price which suddenly jumping down from 0.6+ to 0.4+ cry.gif cry.gif
abcn1n
post May 13 2020, 07:58 PM

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QUOTE(krizalid88_real @ May 13 2020, 07:21 PM)
website not responding around 4pm where during that time i'm struggling with my HLT price which suddenly jumping down from 0.6+ to 0.4+  cry.gif  cry.gif
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Was looking at HLT too but didn't enter as saw it too late
DjKenji
post May 14 2020, 03:22 PM

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sever down = = 320pm
United Rulez
post May 14 2020, 03:23 PM

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Today again....anyone else having problems? Wtf rclxub.gif

This post has been edited by United Rulez: May 14 2020, 03:24 PM
Nyckl3z
post May 14 2020, 03:31 PM

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What a sucks platform Rakuten Trade? Lag like hell.
annoymous1234
post May 14 2020, 03:45 PM

Look at all my stars!!
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Server issue is it? App always error. Cheap brokerage fees but service sucks.
jetjet92
post May 14 2020, 03:58 PM

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server down cant go in zzzzz this is matter of life and death wtf rakuten
Asus
post May 14 2020, 04:07 PM

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can we report them to any authorities? who should bear the losses when we cant even enter into our account

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