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Initial Margin high compared to market value, why?
Nov 19, 2023 at 18:25
Member Since Nov 19, 2023
3 posts
I'm very new and reading everything I can, but I don't understand and can't find the information with a simple search regarding this.
I have a very small account that I started to play with as I'm learning. I thought I'd dip into the pool with a crypto. As I'm watching the chart I see the value at $43.97 and the Initial Margin at $45.87. Now as the day progresses I'm watching the chart and my position. My position says my open price is 45.87 and the current price is 44.06, but on the chart the price says 45.23 at the 1min interval.
Where does that difference come from and what is it? Is it different for each broker? On some symbols I looked at, it seemed very high compared to the current value and I wondered if the price could ever overcome the initial price.
I have a very small account that I started to play with as I'm learning. I thought I'd dip into the pool with a crypto. As I'm watching the chart I see the value at $43.97 and the Initial Margin at $45.87. Now as the day progresses I'm watching the chart and my position. My position says my open price is 45.87 and the current price is 44.06, but on the chart the price says 45.23 at the 1min interval.
Where does that difference come from and what is it? Is it different for each broker? On some symbols I looked at, it seemed very high compared to the current value and I wondered if the price could ever overcome the initial price.
Member Since Nov 11, 2022
4 posts
Nov 20, 2023 at 00:42
Member Since Nov 19, 2023
3 posts
jameshilliard1 posted:Thanks, but I'm not sure that is what it is.
The difference could be the chart showing the bid or the ask price. Some charts will let you display both. The current price often times is the difference between the bid and ask.
Hope that helps.
My current position is Price Open 45.87 Price Current 44.69 Profit -11.90. I would expect the difference to be -1.18. Also, the current price is 44.73 but on the chart, it says 45.89. Still not understanding.
Member Since Nov 11, 2022
4 posts
Member Since Nov 02, 2018
10 posts
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