Stock Watch [Disclaimer: "by non-registered amateurs"]

[Hamster]

Can someone explain to me how this works?

Tawana

Last Traded PriceR 2.32
You're selling @ the BidR 2.32
You're buying @ the OfferR 2.70

So current trading price is R2.32 but you can only buy at R2.70, I really don't know how these things work.

/waits for Swa

That's EasyEquities doing funky math and bulk buying. If you want absolute control over how much you are buying at you need to use another and possibly more expensive platform that supports limit orders. If you want the exact details of how they calculate it it'll be on their site most likely.

 

[dj2381]

/waits for Swa

That's EasyEquities doing funky math and bulk buying. If you want absolute control over how much you are buying at you need to use another and possibly more expensive platform that supports limit orders. If you want the exact details of how they calculate it it'll be on their site most likely.

It dropped 12% so was hoping to get in there, but not at peak price.

 

[JStrike]

Your reason being (other than the name and the "iminent demise" of Deutsche Bank)? It's less diverse and you don't even know what the TER is yet so it could end being as expensive as DBXUS.

They have a slightly better tech focus.

 

[Alton Turner Blackwood]

Can someone explain to me how this works?

Tawana

Last Traded PriceR 2.32
You're selling @ the BidR 2.32
You're buying @ the OfferR 2.70

So current trading price is R2.32 but you can only buy at R2.70, I really don't know how these things work.

Let me see if I can find my post

 

[Hamster]

They have a slightly better tech focus.

Fair enough, if that is an important factor for you. I see it's roughly 20% vs 9% for tech. DBXWD seems more evenly spread out across all the sectors though.

 

[Alton Turner Blackwood]

Can someone explain to me how this works?

Tawana

Last Traded PriceR 2.32
You're selling @ the BidR 2.32
You're buying @ the OfferR 2.70

So current trading price is R2.32 but you can only buy at R2.70, I really don't know how these things work.

No sweat! I suspect us who also use more advanced platform have access to more information. EE just shows you the basics.

To further explain View attachment 415877

The BID price is is the price that a buyer is willing to pay for the share, while the OFFER price is the price that a seller will sell his share at. If you look at the "Bid&Offer" tab you will see that its like a tug of war, with one guy begging "Please sell it to me at 29c", then the two guys who are selling go: "Voetsek, we want 60c!"

The one trade where someone was willing to sell his share at 29c can be seen on the "Last 30 trades" tab, you'll see there is one trade for yesterday at 29c.

...

 

[Shirou]

I guess DBXWD is for long term investment.. as I have been with them on my Demo account for more than a month now.. still yet to see it in the green.

 

[dj2381]

...

Thanks, so let's say the share price stays at R2.70 for an extended period of time, would that mean getting a selling price closer to R2.70?

 

[Alton Turner Blackwood]

Thanks, so let's say the share price stays at R2.70 for an extended period of time, would that mean getting a selling price closer to R2.70?

Hang on.

The share price (or last traded price) is always the last price that somebody paid for the share.

When you sell, the price that you sell at depends on the closest price to yours which a buyer will pay. In your case there's nobody who would buy from you for more than 232.

On the other hand if you were to want to buy, no seller wants to sell for less than 270. So if some of the traders get impatient they might revise their offers and might bring it down to 240.

Those values aren't thumbsucked, they come from the JSE and its values that people actually value the share at.

 

[dj2381]

Hang on.

The share price (or last traded price) is always the last price that somebody paid for the share.

When you sell, the price that you sell at depends on the closest price to yours which a buyer will pay. In your case there's nobody who would buy from you for more than 232.

On the other hand if you were to want to buy, no seller wants to sell for less than 270. So if some of the traders get impatient they might revise their offers and might bring it down to 240.

Those values aren't thumbsucked, they come from the JSE and its values that people actually value the share at.

Okay that makes sense, thanks for the info, btw what kind of platforms would you use to get more direct control? just for interest sake?

 

[Alton Turner Blackwood]

Okay that makes sense, thanks for the info, btw what kind of platforms would you use to get more direct control? just for interest sake?

I use Standard Bank Online Share Trading (OST) and EE.

I use OST to monitor prices and how the buyers weigh up against the sellers, check volumes, daily highs/lows, top gainers and losers etc. I use EE just for excecuting the actual trades

 

[AirWolf]

But it recovered quickly due to Zuma

He has to... ummm... protect his interests...

 

[ActivateD]

Tawana is ****ing awesome. I am up 203%

I am up 340% my best stock I have ever brought. I wish I had brought more

 

[The_Mowgs]

I am up 340% my best stock I have ever brought. I wish I had brought more

Naice!!!

 

[Bundu]

Can someone explain to me how this works?

Tawana

Last Traded PriceR 2.32
You're selling @ the BidR 2.32
You're buying @ the OfferR 2.70

So current trading price is R2.32 but you can only buy at R2.70, I really don't know how these things work.

you have to remember that it's a market with buyers and sellers - each buyer puts in an offer at a certain price and so does each seller.

The buyers offer, will always be less than the sellers offer, or the transaction will take place.

So in your case, there were buyers for R2.32 and sellers for R2.70 - If you wanted to buy and be assured to get your shares, you would have to pay R2.70, or wait for a new seller at a lower price

edit: and that's why I hate illiquid shares, as the gap between buyers and sellers, is often quite large, because there are so few people transacting in those shares

 

[Thor]

I would disagree and go with CSP500

I would not, simply because of how this graph makes me feel.

https://platinumwealth.co.za/forum/Thread-Stock-Watch-Thread?pid=2846#pid2846

 

[Thor]

thank you!

with regards to rebalancing. what is your feeling on that?

(i own portions of STXIND , DBXJP , DBXUS which has under performed. NFEMOM looks really tempting - auto investing of dividends is really a winner




i waved goodbye to my darling AXL today - she dried my appetite completely

Replacing admittedly is something I don't have a set procedure with yet. For instance I want to buy nfemom as well, but I told myself I won't sell STXIND until 7000, so not very scientific in all honesty.

 

[Thor]

...

Tapatalk must allow rep

 

[Swa]

SOL :wtf:

 

[Swa]

Can someone explain to me how this works?

Tawana

Last Traded PriceR 2.32
You're selling @ the BidR 2.32
You're buying @ the OfferR 2.70

So current trading price is R2.32 but you can only buy at R2.70, I really don't know how these things work.

To expand on what YingYang said, a last traded and selling price of R2.32 means that someone sold shares at the price someone was willing to pay instead of putting in their own offer to purchase. This is often a problem with illiquid shares. Without enough shares trading there is a large standoff between what buyers are willing to pay and sellers are willing to sell at so you see the price going back and forth between the two. This is why EE isn't a particularly good place for such shares. On another platform you could put in your own offer to buy or sell at say R2.50 and it will be the first to execute if nobody beats you.