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Search: Posts Made By: dragon80

Forum: Commodities

December 7th, 2014, 04:38 AM

Replies: 18

Help: Unusual case: Silver negative balance

Views: 4,656

Posted By dragon80

I would like to thank those who replied. I...

I would like to thank those who replied. I already gain some perspective about my situation.

So now, suppose you bought a house for $500k and the bank loaned you 80% of the money. Then suddenly...

Forum: Commodities

December 4th, 2014, 04:20 AM

Replies: 18

Help: Unusual case: Silver negative balance

Views: 4,656

Posted By dragon80

Actually I have been trading futures contract for...

Actually I have been trading futures contract for four years, although I can't claim that I'm an expert (and this case has clearly proven that I'm not), but I'm not a novice either. I know stop loss...

Forum: Commodities

December 4th, 2014, 12:23 AM

Replies: 18

Help: Unusual case: Silver negative balance

Views: 4,656

Posted By dragon80

No, that's not what happened. I did NOT have any...

No, that's not what happened. I did NOT have any stop loss order. The broker did the transaction on my behalf, without prior instruction, without seeking authorization, and without even informing me...

Forum: Commodities

December 3rd, 2014, 06:12 PM

Replies: 18

Help: Unusual case: Silver negative balance

Views: 4,656

Posted By dragon80

Two contracts only. The initial entry price...

Two contracts only.

The initial entry price was ~ $15.5. And when it was liquidated, it was $1 lower, at $14.5. But it was recently rolled over from December contract to March contract at $16.5.

Forum: Commodities

December 3rd, 2014, 05:25 PM

Replies: 18

Help: Unusual case: Silver negative balance

Views: 4,656

Posted By dragon80

sam028: No, it wasn't margin call. The broker is...

sam028: No, it wasn't margin call. The broker is Phillips.

Profiler: Thanks for the insight about the standard clause. So in short, they can protect themselves without client's authorization and...

Forum: Commodities

December 3rd, 2014, 05:29 AM

Replies: 18

Help: Unusual case: Silver negative balance

Views: 4,656

Posted By dragon80

Help: Unusual case: Silver negative balance

Hi all,

Would like to ask for your opinion.
I've been trading silver futures for 4 years and have never been in such situation.
On Dec 1st, silver dipped but managed to bounce back strongly,...

Showing results 1 to 6 of 6

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

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Unrealistic rules and requirements
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