Hi All,
I Apologies if this has been asked before but does IG close out all your positions when collectively all your losses for all your positions breach 50% of your margin? As an example lets say I have twopositions open with initial capital of $4,000 (Margin close at $2000):
Position 1 - Margin of $2000 with a loss of $1,500
Position 2 - Margin of $2000 with a loss of $501
My question comes in two parts:
1) Will both positions be closed out because my loss and automatic close out has breached at $2000 or;
2) Will it close out the largest loss amount which is position 1 and leave position 2 open?
If option 1 is the answer is there a way to change the settings to option 2?
Thank you
I hope this is clear and i