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Contest - BALLZTRADER Discussion
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Member Since Feb 13, 2011 7 posts
managedfx
Mar 16 2011 at 22:52
The market has known for months that there were some massive option-related stop-losses below the previous lows at 79.75 and unfortunately those losses were triggered at the most illiquid time of the day, NY close/Sydney open. The market probably moved 3 times more than would have been the case were both Europe and NY in full flow.
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Member Since Feb 25, 2010 95 posts
Clearpaper
Mar 16 2011 at 23:59
A little scary how you would now owe the broker $129,247.31. One would think a margin call would be initiated regardless of a gap down.
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Member Since Feb 16, 2011 2 posts
andiforexone
Mar 17 2011 at 00:29
wowwwwwww....
one day in top and one day buttom keep spirit |
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Member Since Feb 17, 2011 12 posts
Nathan L (jimmyneutron88)
Mar 17 2011 at 02:44
don't know what buttom means but yes, unlucky
Gotta make that cash money bitchez |
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Member Since Feb 16, 2011 2 posts
andiforexone
Mar 17 2011 at 03:07
jimmyneutron88 posted: don't know what buttom means but yes, unlucky sorry I mean bottom 
keep spirit |
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Member Since Feb 17, 2011 12 posts
Nathan L (jimmyneutron88)
Mar 17 2011 at 04:13
ah hah. of course. Eh, bringing me that much closer to No. 1, just need a few more people to off themselves in the top 20.. Hmmm
Gotta make that cash money bitchez |
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Member Since Nov 02, 2009 49 posts
Tony Manso (amelabs)
Mar 17 2011 at 05:25
What gap? This dude lost his money fair and square. That's what you get when you have 5 open trades of 1000 lots each and get a margin call. I guess the stopout level must be 100% or even more.
Clearpaper posted: A little scary how you would now owe the broker $129,247.31. One would think a margin call would be initiated regardless of a gap down. www.Forex-Cashflow-System.com |
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Member Since May 08, 2010 8 posts
RahmanSL
Mar 17 2011 at 09:09
'...ah hah. of course. Eh, bringing me that much closer to No. 1, just need a few more people to off themselves in the top 20.. Hmmm...'
Weeelllll, I just need 869 competitors to screwed up BAD to make me number 1 : ) |
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Member Since Mar 07, 2010 56 posts
aj90151
Mar 17 2011 at 09:41
RahmanSL posted:
Weeelllll, I just need 869 competitors to screwed up BAD to make me number 1 : ) 
... |
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Member Since Feb 25, 2010 95 posts
Clearpaper
Mar 17 2011 at 10:01
amelabs posted: What gap? This dude lost his money fair and square. That's what you get when you have 5 open trades of 1000 lots each and get a margin call. I guess the stopout level must be 100% or even more. Clearpaper posted: A little scary how you would now owe the broker $129,247.31. One would think a margin call would be initiated regardless of a gap down. I'm not stating that the loss was unfair. And it was likely there was no stoploss set. The only way you can end up with a negative balance is that there was no price available at the point when the margin call had to be activated, i.e. gap. |
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