I just went to put on a trade and asked in passing how many margin calls they were making. Reply "we are very very busy right now".
Lesson number one: Dont be overconfident
Lesson Number two: Dont overgear
Lesson Number Three: Never add to a losing trade
All about money management.
The bulls are sure feeling the pain right now, and maybe more to come.
Ugh Oh...margin calls!
Started by
Tor
, Aug 15 2007 06:43 AM
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#1
Posted 15 August 2007 - 06:43 AM
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.