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 Rakuten Trade, A new online trading platform

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vergeofcollapse
post May 9 2020, 03:10 PM

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QUOTE(FWDtech @ May 5 2020, 11:10 PM)
Guys, does anyone have the same problem such as missing profits? For example, you multiply the quantity of stocks bought with the difference in the price of stock which you bought and then sold for a profit. Then you deduct all the relevant fees stated by Rakuten i.e the brokerage fee, stamp duty, clearing fee and ST. But still missing some funds. Why it is so?
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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.

vergeofcollapse
post May 9 2020, 03:18 PM

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QUOTE(Asus @ May 3 2020, 09:18 PM)
rakuten platform is the worst..order keyed in will get stuck with no acknowledgement more than 20mins this morning..prepare to get burn !!
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This issue has been persistently happened since the last month until 8th May (varied from 20min idle to 1hr+, huge dissapointment and really sucks compared to other platform).

On 8th May, suddenly all orders were able to instantly enter "Acknowledge" status instead of pending on "sent". I hope it will continue to get better from now onwards else I will make sure the social media receive this underperforming issue successfuly. A truly disgrace to their so-call malaysia #1 online-trading platform etc misleading adverts which clearly means "oh you can put your money in our trading platform but be prepared ALL your orders be stuck at "SENT" status which you are NOT able to correct it or place new orders because guess what? Coz your fund is stuck on the "sent" status, and your existing units that you planned to sell also stuck at the "sent" status. Oh btw, the price that you "PLANNED" to buy will not be the same and you WON'T have a chance to change it coz it will also stuck at "SENT" status for the remaining Gods know how long and be prepared for the so-call No1 platform to match your oder with whatever shit price that you will get within that timeframe, boo-yah and happy trading with us, suckers.

Let's see what will happen to the canggih platform on 11th May
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.
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
vergeofcollapse
post Jun 9 2020, 11:20 AM

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QUOTE(MuhdYusri @ Jun 8 2020, 10:24 PM)
New orders immediately acknowledged and can amend/cancel, only GTD and orders made before market open still stuck at new-amo status

Even M+ said it takes 1 month+ to apply now  doh.gif
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Same here, all GTD orders cannot be cancelled. Winning positions all getting haircut, POS rakuten
vergeofcollapse
post Jun 9 2020, 11:52 AM

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QUOTE(ZeroSOFInfinity @ Jun 8 2020, 11:50 PM)
"Order failed to sent to Exchange"?

Meaning? They didn't send any at all?
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I think they are processing with rerouting all pending orders to cancel/reject/exchange adapter not receving status. This is unbelievable
vergeofcollapse
post Jun 9 2020, 12:08 PM

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It has been resolved mostly all of the orders had been rejected. 3hrs 8min exactly like nivlanauk said *laughable platform*
vergeofcollapse
post Jun 9 2020, 12:08 PM

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It's like you are paying RM50 for cheap pros and don't expect AAA class BJ+HJ+tripple shot
vergeofcollapse
post Jul 20 2020, 11:37 AM

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How to become a millionaire?
Start by investing one billion into Rxxxxxx platform and trade for few days, viola!
vergeofcollapse
post Aug 5 2020, 11:15 PM

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If you want to become a billionaire, start to use R@k*a*ding*dong to trade when you have one trillion capital.
vergeofcollapse
post Sep 4 2020, 06:40 AM

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QUOTE(Donlate18 @ Sep 2 2020, 10:54 PM)
I’m having issue w Rakuten trade as well. In fact I suppose to rise the issue about inappropriate brokerage charge, now I’m facing with issue cannot trade this morning. Wdf!!! Not competitive. It make me wan to withdraw all my money back and switch to another broker
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It made you wanted to withdraw all your money back and switch to another broker?

Does that mean you will still stick to lalalen?

How brave.

I still hold on to my quote:
If you want to become a millionaire, just deposit one billion and start your trading with lalalen and your dream will come true
vergeofcollapse
post Sep 6 2020, 10:52 PM

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Sometimes when market go down alot the "pros" will pyscho him/her to speed up the account opening process so he/she can catch the falling knife and gobble up all those "low price, undervalue company for example glove counter Hartalafathamatha"

Buying is always not an issue in lalalen, the main problem is the selling part. However, if you are seeking for heart-breaking moment in million different ways without getting in love with a real human being, lalalen is always your first choice. Go for it! I say.
vergeofcollapse
post Sep 10 2020, 05:08 PM

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QUOTE(United Rulez @ Sep 9 2020, 06:11 PM)
2020-09-04  SUPERMX Buy 300 9.600

2020-09-08  SUPERMX Buy 400 8.580

2020-09-09  SUPERMX Sell 700 8.010

2020-09-09  SUPERMX Buy 400 7.880
Anyone knows why at the end of day 9-9-2020 my "avg acquisition price" suddenly changed to 8.603 ?

It was 7.880 throughout the day.
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Becoz you didn't wait for at least a day after you sold all 700 units at 8.010 today and then you proceeded to buy *new* 400 units at 7.880.

Hence the avg acquisition price take into account today's entry price as well.
9464/1100 = 8.603 (suppose to be 8.6036 but lalalen will round *down* instead of up to 8.603)
vergeofcollapse
post Oct 23 2020, 11:14 PM

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Regardless of many had left or not, the execution is still ridiculously slow compare to other trading platform using excelforce service. The only good thing about rakuten is the ability to place more than 5k lot and it will auto-split into 5k lot chunks. That is all it has.

 

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