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Old 04-02-2007, 08:35 AM
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rhodytrader rhodytrader is offline
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Quote:
Originally Posted by anzsai View Post
Does that mean the margin we used is some sort of a mutual deal between us and the broker?Like if I want to begin this particular trade then just put forward a certain amount of money to the broker just to have access to the trade?
That's pretty much exactly it. The margin has nothing at all to do with your profits on a trade. It is strictly a security deposit so your broker doesn't have to cover any losses you might make on a position.
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