I just got a margin call from my broker, for the second time! I’m thinking now if it’s really that b

Discussion in 'Forex' started by Saivarshinee, Jan 8, 2021.

  1. Regulated brokers are no doubt important!
     
    #61     Feb 12, 2021
  2. tedmos38

    tedmos38

    Yes that is how it works, which broker are you using?
     
    #62     Feb 12, 2021
  3. If I was to get a margin call I would stop trading. I would just take it as a sign of lack of skills on my part and just leave the game.
     
    #63     Feb 12, 2021
  4. outhoe

    outhoe

    Quitting is never a solution Paul! One should just see it as a signal to make your trading plan, and particularly your risk management plan more fool proof.
     
    #64     Feb 14, 2021
  5. I know how demoralizing it can be! When I experienced it I took a sabbatical from trading for a year and started fresh with a new strategy and with new brokers. Thank goodness I am safe with fxview and IG as of now :)
     
    #65     Feb 15, 2021
  6. outhoe

    outhoe

    Good going bro!
     
    #66     Feb 15, 2021
  7. senumouv

    senumouv

    These margin calls can really suck I know, but don’t worry. Losses and profit are part of a traders life.
     
    #67     Feb 16, 2021
  8. Margin call is a worrisome position but I think there has been some negligence on your part. Don’t mind but I think you did some leverage trades which resulted in this situation. Not a good place to be mate!
     
    #68     Feb 16, 2021
  9. I think more important is to reconsider your strategy from this point. The brokers which you are using also matters. Use brokers that are flexible and allow hedging. IG, fxview and CMC Markets are three that I have used and I know are good with different strategies.
     
    #69     Feb 17, 2021
  10. One call does not mean it is the end of your trading days. Don’t worry everything will be alright I must say just have the will power.
     
    #70     Feb 17, 2021