!!!!!!! Oh man, this is getting sad. It's like watching a newb trader who has risked his entire account on one position and now the position is going against him and he is like a deer in the headlights, he can't take the loss and just get out, and then the stock comes back to the point where he could have a reasonable loss and still he refuses to get out, and then the stock goes against him again and his broker closes the position... This guy just does not know when he's getting his ass kicked and keeps posting/trading even though he should just shut it down. Makes you realize how retail newbs like zorro1/akeyla lose their entire account on one trade and then come on here whining and asking if they should sue their broker to get their money back. Sad...
He wasn't on my side you stupid piece of crap. Not only are you dumb, have no life but can't understand the English language.
Are you suggesting that it's the brokers responsibility to babysit the client's positions? If that's the case, it's a bizarre idea. If I'm misunderstanding you, I apologize in advance.------------->>>>> Oh no, I'm suggesting the broker should have protected their <b>Own</b> interests by liquidating the position before the close. This position never should have made it to the next day.
I didn't say they should have gotten you flat, they should have gotten you down to 2x, or whatever their overnight margin limits are. It just so happened that in my case I was planning on getting flat anyway but the broker too me down to 2x in the final 15 min's.
You obviously do have problems with comprehension as I was only trying to point out that next time you could avoid such problems by thinking ahead. Is it that the only response you could be looking for is "yes, that motherfriggin broker!! you definitely have a case, I would never accept a loss if it was not mine" , is that it? This same friend refered to in the previous post calls me during the trading day with the market plummeting, asking me if this company that is up three on the day is a good buy. He then goes on to say about some contract and catalyst bullshit yada yada yada, until I cut him off and say I am going to short it. He then gets upset saying I am only trying to make him feel bad and that "I know everything, and everyone else is always wrong". No, it is just that the odds are stacked in my favor for that particular trade and really has nothing to do with the particular company, just the companies time and place in an overvalued marketplace. Like you my friend has no rules. but nothing we do has no rules. Rules are also not made up in individual circumstance(you do not reinvent how to make money in the markets). If you read any damn trading publication they are almost verbatim, all of them. there is a reason for this. Risk management can also be found in these books. Have you read any books when you first started trading?
Look, you don't know all the facts surrounding this situation. So stop making these dogmatic and pedantic statements.
LOL, welcome to ET Sarah. I bet you're sorry you signed up. You give someone good advice and you get called, "stupid." ET at its finest......