Hello Pro traders,
I have a question about the Monday opening in which the price is opened far apart from the previous week's closing.
Suppose, you have a position which was not closed at the end of Friday.
At the next week's opening, the price is much different from the last week's closing price.
In that case, you could be in a huge winning/losing position.
If the direction is opposite, you could lose more than you have deposited.
In this case, does your account become negative?
I can assume that if you are winning, your account gets high, but I do not know how it works if the direction is not with you.
Thank you so much pro traders, and I look forward to your wise reply!!
AB