Dukascopy
 
  
Wiki JStore Search Login

Attention! Read the forum rules carefully before posting a topic.

    Try to find an answer in Wiki before asking a question.
    Submit programming questions in this forum only.
    Off topics are strictly forbidden.

Any topics which do not satisfy these rules will be deleted.

Post new topic Reply to topic    Pages: [ 1 ] Print view  
Demo created new short that I did not?
Phoenix
 Post subject: Demo created new short that I did not? Post rating: 0   New post Posted: Sat 18 Sep, 2010, 05:07 

User rating: -
Hi, On the Web Demo, this morning before I logged out I took a screen shot so I know what I did and this afternoon when I logged back in there was a short for 4.35mil USD which I did not place. Here are the two screenshots. Any thoughts?

Below when I logged out
Image





and when I logged back in
Image
 
API Support
 Post subject: Re: Demo created new short that I did not? Post rating: 0   New post Posted: Mon 20 Sep, 2010, 07:41 
User avatar

User rating: ∞
Joined: Fri 31 Aug, 2007, 09:17
Posts: 6139
https://www.dukascopy.com/swiss/english/forex/forex_trading_accounts/margin/

Over-the-weekend leverage

Maximum available leverage for the weekends and other market closure days is typically set to 1:30. The purpose of this policy is to mitigate risks caused by potential price gaps during market closure, which may seriously threaten invested funds.
Standard algorithm: Over-the-weekend trading conditions are effective starting 5 hours before each market closure (weekend, holidays, etc) until re-opening of the market. For usual Friday night closure, over-the-weekend conditions would become effective at 18:00 [GMT]. As a result of leverage contraction, the use of leverage can increase if the account has exposure. Regardless of the over-the-weekend margin conditions, the general execution mechanisms of the margin call and margin cut remain the same. That is, if the amount of equity on the account is not sufficient to support existing positions with a leverage of 1:30, the margin cut procedure will be applied to the account (see paragraph Margin Call and Margin Cut).

DEMO2GEDIK 17.09.2010 18:00:06 49889440 SELL 4.350 mil. USD/CAD OPEN 10310671 MC
 
Guest
 Post subject: Re: Demo created new short that I did not? Post rating: 0   New post Posted: Mon 20 Sep, 2010, 21:21 

User rating: -
Thank you for that explanation! That really puts a hole through my strategy though as if I go long more
than 5 days, I need to have enough equity to cover my leverage at 30:1 in case of a fall and not 100:1.

Oh well, back to the drawing board!
 
Guest
 Post subject: Re: Demo created new short that I did not? Post rating: 0   New post Posted: Fri 24 Sep, 2010, 01:22 

User rating: -
I did not want to create a new thread, but could you help me out with your use of leverage forumula?

On your "Use of leverage" indicator, you have

Use of leverage = (used free trading line/ total free trading line)*100

On your website example, could you tell me what the Use of Leverage would be
if P/L is +10,000 and if it is -10,000?

I just want to make sure if a pair falls against me that I fully understand the equation.

Thanks kindly!
 
API Support
 Post subject: Re: Demo created new short that I did not? Post rating: 0   New post Posted: Tue 28 Sep, 2010, 14:01 
User avatar

User rating: ∞
Joined: Fri 31 Aug, 2007, 09:17
Posts: 6139
Plese take a look at https://www.dukascopy.com/swiss/english/forex/forex_trading_accounts/margin/
 
Post new topic Reply to topic      Pages: [ 1 ]  
Display posts from previous:   Sort by    

Jump to:  

  © 1998-2025 Dukascopy® Bank SA
On-line Currency forex trading with Swiss Forex Broker - ECN Forex Brokerage,
Managed Forex Accounts, introducing forex brokers, Currency Forex Data Feed and News
Currency Forex Trading Platform provided on-line by Dukascopy.com