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Posted By Topic: question on contra       - Views: 247
Bet2Win$$$ 		17-Jan 2017 Tuesday 6:07 PM (2649 days ago)               #1
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  		Hi guys, i would like to ask a question regarding contra.

lets say i buy share A @ 2.00 and the settlement date is 16 Jan
then i sell the share A @ 1.97 at 16 Jan.

So i made a loss of 3 cents. Do i need to pay it on 16 Jan or i need to wait for the new settlement date ?








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ferari 		17-Jan 2017 Tuesday 9:11 PM (2648 days ago)            #2
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  		quote originally posted by Bet2Win$$$:
Hi guys, i would like to ask a question regarding contra.
lets say i buy share A @ 2.00 and the settlement date is 16 Jan
then i sell the share A @ 1.97 at 16 Jan. So i made a loss of 3 cents. Do i need to pay it on 16 Jan or i need to wait for the new settlement date ?



U sell u loss u pay, that all, where got new settlement date for u?



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justin11sg 		18-Jan 2017 Wednesday 3:18 AM (2648 days ago)            #3
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  		Fierce. Dun touch contra la. My friend bankrupt becos of contra. Best is monthly average dollar costing. No horse run. Take care. 




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justin11sg 		18-Jan 2017 Wednesday 3:21 AM (2648 days ago)            #4
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  		quote originally posted by Bet2Win$$$:
Hi guys, i would like to ask a question regarding contra.

lets say i buy share A @ 2.00 and the settlement date is 16 Jan
then i sell the share A @ 1.97 at 16 Jan.

So i made a loss of 3 cents. Do i need to pay it on 16 Jan or i need to wait for the new settlement date ?


Usually is 1 week. 
 




Best Regards,

JIA


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Team Ranked: #49 - Team Score (Top 50 Members): AB$ 1,693,125 Total Members: 44
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Bet2Win$$$ 		19-Jan 2017 Thursday 10:04 PM (2646 days ago)            #5
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  		quote originally posted by justin11sg:
Usually is 1 week. 
 

yeah thanks for ur info and thanks for your advice!








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ferari 		21-Feb 2017 Tuesday 12:53 PM (2614 days ago)            #6
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