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| Margin cut |
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Kirilla
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| Post subject: Margin cut |
Post rating: 0
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Posted: Fri 03 Feb, 2012, 21:57
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User rating: 0
Joined: Thu 19 May, 2011, 11:48
Posts: 26
Location: Hungary, Budapest
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Dear Support,
Does margin cut mean automatic disqualification?
Regards,
Kirilla
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Fraqtal
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| Post subject: Re: Margin cut |
Post rating: 0
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Posted: Fri 03 Feb, 2012, 22:08
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User rating: -
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No it does not mean your out just means that all your open trades got closed, duka reduce their margin on a Friday which means if you are trying to run some highly leveraged positions you will be closed out of them. They use to hedge the positions but people got annoyed they were put into diametrically opposite trades so now its just, bang your out. Its a really pisser but just be aware of it and you can get through it.
Good luck
Mike aka Fractal
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Contest Support
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| Post subject: Re: Margin cut |
Post rating: 0
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Posted: Mon 06 Feb, 2012, 09:08
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User rating: 8
Joined: Wed 21 Apr, 2010, 10:42
Posts: 1167
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Kirilla
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| Post subject: Re: Margin cut |
Post rating: 0
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Posted: Mon 06 Feb, 2012, 09:57
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User rating: 0
Joined: Thu 19 May, 2011, 11:48
Posts: 26
Location: Hungary, Budapest
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Thank you Support, Fractal!
I know about Dukas margin policy, I just wanted to know is margin cut means disqualification in Trader Contest or not. I couldn't close my position last friday, because of I wasn't near my desktop, I had only mobile device.
Regards,
Kirilla
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