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hello:)

Discussion in 'Beginners Bootcamp' started by swingfiddle, Aug 17, 2010.

  1. swingfiddle

    swingfiddle Private

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    i am very new to all this and it starts to get very interesting as i am reading all day trying to understand what is going on:)

    i am very happy i found this place searcing information about forex

    i have downloaded an mt4 platform(is it good one??)and practising with virtual money

    there are 2 topics i havent cleared yet...

    1)regarding trading news:if the broker freeze an order before news does this order must be a pending one?what if i buy and sell manually at those moments?

    2)for example my account looks like this now (i bought 0.1 lot with 1:100 leverage)

    equity 2974$ margin 128$ free margin 2846$

    if i start to loose when i get a margin call?
     
  2. Stony

    Stony Sergeant

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    1. What do you mean by "freezing an order"? If you mean the execution of an order, "freezing"= non-execution can happen during news times or any period with rapid price changes (or if the broker is a crook). It does not matter if the order is a pending one or a market order.

    2. In your example you could lose up to the amount of the free margin. Margin call would occur when only 128 $ are left.
     
  3. swingfiddle

    swingfiddle Private

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    thanks thats clear now:)
     

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