Profanello
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Do you first close unopened orders after margin call?
in New Client Trading Questions
Posted · Edited by Profanello
Hi
I haven't been able to find any information on this so here are my questions:
When you start closing positions after a margin call when equity drops below 50% of margin requirements:
- Do you first close limit orders that haven't been opened yet rather than open positions?
- Do you close order by order or all positions at once?
So my example is, I'm nearing 50% but have a number of limit orders that haven't been triggered/opened yet. Without those I have plenty of equity left for my live trades.
Thanks