Intraday margin call? - futures io
futures io futures trading



Intraday margin call?


Discussion in Traders Hideout

Updated by jonc
      Top Posters
    1. looks_one jonc with 2 posts (0 thanks)
    2. looks_two cory with 1 posts (0 thanks)
    3. looks_3 Big Mike with 1 posts (0 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
    1. trending_up 4,702 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 4 replies
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

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

 
Search this Thread
 

Intraday margin call?

(login for full post details)
  #1 (permalink)
australia
 
Experience: Beginner
Platform: NinjaTrader
Trading: -
 
Posts: 303 since Sep 2010
Thanks: 123 given, 138 received

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

Can you help answer these questions
from other members on futures io?
Degiro Negative Balance Advice
Traders Hideout
Macros for flatten and reverse
TradeStation
3x Fangdango
Traders Hideout
Thinkscript for scanning in Option Hacker
ThinkOrSwim
QDEL
Stocks and ETFs
 
Best Threads (Most Thanked)
in the last 7 days on futures io
VWAP for stock index futures trading?
48 thanks
Coronavirus COVID-19
18 thanks
VWAP oscillator for NT8
15 thanks
Battlestations: Show us your trading desks!
12 thanks
Opinion on iron condor strategy
8 thanks
 
(login for full post details)
  #3 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,057 since Jun 2009
Thanks: 31,658 given, 95,055 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

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #4 (permalink)
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
 
cory's Avatar
 
Posts: 6,000 since Jun 2009
Thanks: 831 given, 7,836 received


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
 
(login for full post details)
  #5 (permalink)
australia
 
Experience: Beginner
Platform: NinjaTrader
Trading: -
 
Posts: 303 since Sep 2010
Thanks: 123 given, 138 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?

Reply With Quote


futures io Trading Community Traders Hideout > Intraday margin call?


September 29, 2010


Upcoming Webinars and Events
 

An Afternoon With futures io member TropicalTrader

Elite only
     



Copyright © 2020 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