Page 1 of 1
buying and selling.
Posted: Mon Aug 15, 2022 5:16 am
by Bubblegun
So I have two questions.
1) Is there a way to automatically set a price and sell something on Rakuten?
2) when we buy and sell, which price is actually used? the price I clicked the buy at? or is it when the transaction is completed by Rakuten?
I've been quite happy with the recent bumps due to the recent bill on climate change, and I wondered if there was a floor I could automatically sell at.
Thank you in advance guys.
Re: buying and selling.
Posted: Mon Aug 15, 2022 5:59 am
by adamu
Re: buying and selling.
Posted: Mon Aug 15, 2022 6:18 am
by Bubblegun
Well, exactly that, but I just wondered what the answers were.
Rule 9 and 10. I have always liked.
I'm now in year 30 at this.
The above question also applies to the S&P 500 emaxi funds. Does the price apply on the purchase click or when Rakuten go through their process?
Re: buying and selling.
Posted: Mon Aug 15, 2022 6:52 am
by mighty58
Not specific to any brokerage, but generally speaking (and assuming you're talking about stocks here), there's the 成行 or the 指値 method of buying/selling. With sashine, the latter, you can set the price you want to buy or sell at. You can usually set a sashine buy/sell order to be valid for an extended period of time (say, a month or 90 days) if you want, and it should "automatically" trigger the order if your price is hit.
Re: buying and selling.
Posted: Mon Aug 15, 2022 10:14 am
by adamu
Yes, in general terms it's the difference between a limit order and a market order, and the concepts apply to other countries, not just Japan.
https://www.investopedia.com/ask/answer ... -order.asp
As mighty58 said, in Japan it depends whether you choose market (成行) or limit (指値).
For funds, you get the price the fund was at on the contract date (約定日), which is usually a few days after placing the order. So you basically can't time the market with funds, at least in denominations of less than a week.
Re: buying and selling.
Posted: Mon Aug 15, 2022 10:49 am
by Bubblegun
adamu wrote: ↑Mon Aug 15, 2022 10:14 am
Yes, in general terms it's the difference between a limit order and a market order, and the concepts apply to other countries, not just Japan.
https://www.investopedia.com/ask/answer ... -order.asp
As mighty58 said, in Japan it depends whether you choose market (成行) or limit (指値).
For funds, you get the price the fund was at on the contract date (約定日), which is usually a few days after placing the order. So you basically can't time the market with funds, at least in denominations of less than a week.
Excellent. That's great to know.