What do you thing will happen when we get a lose greater than the deposit. Do we have the option to wait till the market bounces back?
By the way is such a situation possible???
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What do you thing will happen when we get a lose greater than the deposit. Do we have the option to wait till the market bounces back?
By the way is such a situation possible???
Logically such situation can come. I heard that whatever we deposited in the account only we will lose. There wont be a situation in which we owe broker money. It is after all too risky. Moreover most of us trade with unverified account. There is no way the brokers are going to get back their money.
Practically i don't think it can happen to anybody. Because as soon as your available margin becomes less than the required margin you get a margin call and all your open orders are closed by the broker. So you can not loose the amount greater than you deposited.
If you had few profitable trades before a loosing order then it may be possible.
Thanks a lot for that reply i was really worried of such a situation. I was determined not to trade until i get an answer for that. I started trading only because i thought that its safe and will lose only my deposit.
Balance = deposit
Equity = balance + bonus(it may 30% or another)
So possible to lose that more than deposit.
It is not good sign.
This forum income will add as a bonus not balance. Have profit for add in balance. If you experience about lose grater than deposit. Please take it as a learn . And learn more for not return this position. It can good experience if can control by Forex education power.
There is no way to lose more then you deposit. That is why there is a margin call which will close all your positions when your equity is 0$.
That's why we are very greatfull for this forum which gives us bonus money to trade. We are stil learning and we don't have to make deposit with out own money.
good luck