Intraday margin call? - Beginners and Introductions | futures io social day trading
futures io futures trading


Intraday margin call?
Updated: Views / Replies:3,586 / 4
Created: by jonc Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Intraday margin call?

  #1 (permalink)
Elite Member
australia
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: -
 
Posts: 300 since Sep 2010
Thanks: 123 given, 137 received

Intraday margin call?

I have a question about margin for intraday trading. Is it possible to get a margin call for intraday trading or get close out by your brokerage if your losses limit a certain limit within the day? Or they will just let it run and close your position at the end of the day if it is still not closed by yourself?

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,353 given, 83,234 received



jonc View Post
I have a question about margins for intraday trading. Is it possible to get a margin call for intraday trading or get close out by your brokerage if your losses limit a certain limit with the day? Or they will just let it run and close your position at the end of the day?

It is real time, any time of day. Most brokerages that are discussed here on the forum will close your position instantaneously as your margin is exhausted. If you are a "big client" of a big firm, like you call in your million dollar orders by phone, etc, then some of these firms will give you a call before liquidating your position to give you a chance to deposit more funds.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #4 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,220 since Jun 2009
Thanks: 628 given, 6,317 received
Forum Reputation: Legendary


jonc View Post
I have a question about margin for intraday trading. Is it possible to get a margin call for intraday trading or get close out by your brokerage if your losses limit a certain limit within the day? Or they will just let it run and close your position at the end of the day if it is still not closed by yourself?

it goes like this
cell phone rings...
you: hello
broker: hi, your balance shows a negative number what are you going to do about it
you: lets me think about it
broker: ok but dont be too long
you: ok close it and tell me how much I have to wire in
broker: (lower his voice) ...
you: what!

Reply With Quote
 
  #5 (permalink)
Elite Member
australia
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: -
 
Posts: 300 since Sep 2010
Thanks: 123 given, 137 received

Thanks guys for the answers.

Another question, am I right to understand if I have an open winning position and an open losing position, my account balance will be the net of the two positions?

So as long as my profit from one position is large enough to net off my losing position, the brokerage will not liquidate my losing position?


Last edited by jonc; September 29th, 2010 at 11:30 PM.
Reply With Quote

Reply



futures io > > > > Intraday margin call?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Margin requirement changes Big Mike Reviews of Brokers and Data Feeds 20 September 24th, 2011 02:48 AM
Question on Margin Requirements eroc23 Beginners and Introductions 7 July 20th, 2011 01:28 PM
symbols and margin johni MultiCharts 1 July 9th, 2011 04:45 PM
Indicator - Remove Right Margin bluemele Traders Hideout 19 January 26th, 2011 11:19 AM
Drawing In Margin zeller4 NinjaTrader Programming 2 July 7th, 2009 12:24 AM


All times are GMT -4. The time now is 05:51 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-15 in 0.10 seconds with 19 queries on phoenix via your IP 54.145.16.43