Forced-selling doesn’t kill investors. Investors who go max on margin buying kill themselves.
Why blame the system when the rules and conditions are there for all to see before they signed up?
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Whodunit
Forced-selling doesn’t kill investors. Investors who go max on margin buying kill themselves. Why blame the system when the rules an...
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1 comment:
Traders who used leverage know the risks.The Sunday when crude oil opened down 10 bucks,that is 10,000 bucks per futures contract.The Usd/Yen at one point was down more than 400 pips.That is 4k per contract.Many traders were jumping with joy,while many were wailing like babies outside the bars and pubs.Many had their accounts minus,completely wipe out.Not to forget the next day margin calls and lawyer letters demanding payment.In this net sum zero game there is always a winner to a loser.Plus an extra winner.Bankruptcy lawyers are also laughing all the way to the bank.
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