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 Rakuten Trade, A new online trading platform

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Matatai
post Nov 7 2023, 03:46 PM

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I a newbie just started using Rakuten.

How do we find the ex dividend date on rakuten app?

Or do we need to go online via browser to check?

What wolud happen If I hold until the date and the prices drop ?
Matatai
post Nov 8 2023, 08:57 AM

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QUOTE(xander2k8 @ Nov 7 2023, 11:44 PM)
You need to find under the stocks details in announcements

If you hold until the date and the price drop πŸ€¦β€β™€οΈ then you are on paper loss until sell it and realised the loss itself
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So It's not just buy and hold until the date and get dividend?

I need to sell it before tge prices drops?
Matatai
post Nov 8 2023, 11:47 AM

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QUOTE(thecurious @ Nov 8 2023, 09:26 AM)
You sound confused.
Maybe go read up on market value, unrealised gain/loss and realised gain/loss.
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I am....

1 guy say just buy and get dividend quarter/yearly

1 guy say buy need to fast fast sell....

I'm so not ready for this...

Thanks for replying to me tho
Matatai
post Nov 8 2023, 12:41 PM

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QUOTE(xander2k8 @ Nov 8 2023, 12:30 PM)
Price changes daily during market hours πŸ€¦β€β™€οΈ so don’t think you buy and stuck at the same price as it is like not buying Mcdonalds set meal πŸ€¦β€β™€οΈ

You are confused because buying is one thing πŸ€¦β€β™€οΈ dividends is another thing
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I thought if buy then keep can get dividend every now and then

That was naive on my side

Still learning....thanks for your insight bro
Matatai
post Nov 28 2023, 05:09 PM

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Let's say if I sell, how long do I need to wait for it to be reflected on my account?
Matatai
post Nov 28 2023, 06:39 PM

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QUOTE(xander2k8 @ Nov 28 2023, 05:37 PM)
Instantly πŸ€¦β€β™€οΈ unless you do withdrawal then wait for a few business days
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So I just sold some, you know just testing

And my dumbass don't know where to check it because the withdrawal availability still not updated....

This post has been edited by Matatai: Nov 28 2023, 06:39 PM
Matatai
post Nov 28 2023, 06:48 PM

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QUOTE(xander2k8 @ Nov 28 2023, 06:42 PM)
Check under my account as it should be there instantly after the sell order has been executed

Withdrawal availability will be there as well as it will show you how much are you able to withdraw minus rm10
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I'll check again tomorrow because it doesn't seem to be updated yet

Thanks bro
Matatai
post Nov 28 2023, 06:54 PM

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QUOTE(xander2k8 @ Nov 28 2023, 06:49 PM)
Bursa is it? Might be slight delay as well
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Yup...bursa...



This post has been edited by Matatai: Nov 28 2023, 06:55 PM
Matatai
post Nov 29 2023, 02:27 PM

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QUOTE(heaming @ Nov 27 2023, 03:34 PM)
Sold contra counter on 22 Nov 2023 and until today 27 Nov 2023, money still not deposited to my contra account and statements not provided for my transactions since 21 Nov 2023.
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You got the money yet bro?
Matatai
post Nov 29 2023, 02:31 PM

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Damn is this rakuten scam or what?

Not only not deposit yet but Even erased my trade history.....
Matatai
post Nov 29 2023, 06:58 PM

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QUOTE(Cubalagi @ Nov 29 2023, 06:38 PM)
Bursa is T+2 settlement.

If sell on 28th, cash should come in on 30th, tomorrow.
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Why did they erased my trade history tho?

Is it the same with everybody?
Matatai
post Nov 30 2023, 08:31 PM

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QUOTE(xander2k8 @ Nov 30 2023, 05:01 PM)
Not erased πŸ€¦β€β™€οΈ you need to use the refine button to check back πŸ€¦β€β™€οΈ and it is only to view back last 1 year trade history
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It was erased

I already email their CS....
They say there is problem whatnot and will fix it by next week
Matatai
post Nov 30 2023, 08:33 PM

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QUOTE(xander2k8 @ Nov 30 2023, 05:02 PM)
Not scam πŸ€¦β€β™€οΈ otherwise why do you think are able to get SC approval

Stop using the app as very confusing for you and use the web version to check instead πŸ€¦β€β™€οΈ
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Yeah....I'm gonna try use the site from now on

This post has been edited by Matatai: Nov 30 2023, 08:34 PM
Matatai
post Mar 10 2024, 01:18 PM

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What stocks should I buy?

Any recommendations from otai?
Matatai
post Mar 11 2024, 11:23 AM

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Is there other platforms than rakuten that is good and easy to use?

 

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