and it is now apparant that at whatever your margin useage is at
THAT is what you can expect to earn in 21 days in NJ.
so the more lots you get the better return you will get on your account because you are using more of your available balance (margin) securing more lots. but the more you use the higher your risk, in the event of another run down. So I cancelled all pending longs going down. Once you are above 10% you can be ok. But it is sure not ok to buy more longs almost recklessly when your margin useage is above the ideal range of 2-5%
Now all my profit is stuck in there earning interest! ARG!
Quote:
Originally Posted by HAUGHT007
Ha, I'm in the same boat as you RRRAM. Left for an hour and come back to find all kinds of orders filled. Think I'll hold on for a while till some of them hit their TP's. I'm at about 13% margin. Looking pretty oversold on the 4 hr, 1 hr, and 15 min TF's. Ready for a big leg up!!  |