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US Crude Trade not cut


mann17

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Dear IG Community,

 

I had a 100 size short trade on yesterday for US Crude. Upon executing the trade I had £60,000 in the account and £30,000 was used for margin..

The trade went against me and I lost £51,000 in that trade.

Shouldn't IG automatically cut the trade at a £30,000 loss?

 

Please share your thoughts?...

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