Easy question for someone.....

wwatson1

wwatson1

I have two levels on my chart....one is margin 0 and the other is margin call level... will my trades be closed at the margin 0 line or the margin call line??
 
So what happens when my margin hits zero? I can’t open anymore positions? Also broker says stop out is 50%?!! Does that mean when my account balance is down 50% positions are automatically closed?!
 
wwatson1 said:
So what happens when my margin hits zero? I can’t open anymore positions? Also broker says stop out is 50%?!! Does that mean when my account balance is down 50% positions are automatically closed?!
More...
upload_2020-5-3_13-17-31.png

https://www.icalculator.info/terminology/maintenance-margin.html
 
It’s so confusing, think I’m just going to not let my account draw down less than 30% that way I should be well within limits
 
FXCM was 100% used to use Margin as a emergency SL, with enough of a position to keep the loss small, then trade smaller position.

ICMarkets it's 50% so much easier to get carried away and hold and blow 50%+ of the account.
 
Yea I use robofoex aswell and it’s easier as u can just use your entire balance but forex time is only 1:30 leverage and 50% stop out but it still can get very confusing when your holding a few positions
 
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