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Reply #1: Just think of all the margin calls that occurred today
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Cali_Democrat
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Thu May-06-10 07:34 PM
Response to Original message |
1. Just think of all the margin calls that occurred today |
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Edited on Thu May-06-10 07:37 PM by Cali_Democrat
Positions liquidated when the Dow Jones was down 1000 points then they see the Dow climb back up big time but they can't participate because their positions were liquidated!
It's a deadly game and not for the faint of heart. I always trade on cash and never use margin.
I'm sure many active traders went broke in mere seconds.
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