Unfortunately it doesn't work like that ... if you don't have the equity to match the market as the unit price drops it basically takes all your money and then kicks you out
"but, but.... it'll recover" said every gormless gambler who lost everything they had whilst maintaining firm belief that the rally would happen very soon
Like i said, if you don't have the equity in your trading account to match the margin as the price drops and you hadn't been smart and set a "stop loss", it takes all your money and kicks you out of the position.
I'm taking the hit as a learning experience, I watch those videos "5 most common trading mistakes" and I'm seeing that that's what I did. I think in future I'll keep my margin around 10-15%
Edited by RenascentMisanthropy, 14 November 2017 - 05:32 PM.