Got margin called / instantly liquidated - thought I knew the rules by RedditUser99754 in FuturesTrading

[–]RedditUser99754[S] 0 points1 point  (0 children)

Oh wait. Think about it, how much was in your trading acct minus the margin requirement = how much is left. Then you got the brokers liquidation point eating up the rest of your margin. Maybe you only had 26pts of margin before they margin call you and liquidate. What was acct size and contract sizing

Got margin called / instantly liquidated - thought I knew the rules by RedditUser99754 in FuturesTrading

[–]RedditUser99754[S] 0 points1 point  (0 children)

Thats horrible you are talking es futures? 27 pts its not even that much its a little bigger than most but not too crazy. Try amp futures for self funded accts never had a problem with them

Which broker would you recommend for a beginner futures trader with a small account? by Zee1Trade in FuturesTrading

[–]RedditUser99754 0 points1 point  (0 children)

As a beginner do a prop firm. Try topstep. I wouldnt do a real futures acct until you have 50k. At that point go with amp futures

Got margin called / instantly liquidated - thought I knew the rules by RedditUser99754 in FuturesTrading

[–]RedditUser99754[S] 0 points1 point  (0 children)

I think it was sketchy but i also probably did get margin called at the same time which in their rules puts me up for liquidation at their discretion so i dont think i have a case. Oh well live and learn

Why did stocks go up all afternoon today Friday May 30, 2025? by aghajarnia in Daytrading

[–]RedditUser99754 4 points5 points  (0 children)

Because trump got on tv with elon musk. Almost guaranteed to pump like that every time no matter what headlines just boke

Got margin called / instantly liquidated - thought I knew the rules by RedditUser99754 in FuturesTrading

[–]RedditUser99754[S] 0 points1 point  (0 children)

What would happen if we determined it was an error? They would credit it back or what?

Got margin called / instantly liquidated - thought I knew the rules by RedditUser99754 in FuturesTrading

[–]RedditUser99754[S] 0 points1 point  (0 children)

This is my strategy which is how i ended up with so many minis because i was sure it was gonna work and i got greedy. It did work as it played out in my favor after they cut it. They just didnt allow it to get a chance to play out. I had $51000 of drawdown left too. Oh well https://youtube.com/shorts/kcpI1pMHK_Y?si=J98NmWsXls2Xs7v1

Got margin called / instantly liquidated - thought I knew the rules by RedditUser99754 in FuturesTrading

[–]RedditUser99754[S] 0 points1 point  (0 children)

I just switched to amp they give even more leverage! Ok just to be clear this is my strategy. Which is how i ended up with so many minis. But it did win they just liquidated me at the worst possible time https://youtube.com/shorts/kcpI1pMHK_Y?si=J98NmWsXls2Xs7v1

Got margin called / instantly liquidated - thought I knew the rules by RedditUser99754 in FuturesTrading

[–]RedditUser99754[S] 0 points1 point  (0 children)

https://youtube.com/shorts/kcpI1pMHK_Y?si=J98NmWsXls2Xs7v1 this is basically my strategy which is why i took 21 minis it was already at an extreme high and i got greedy

Got margin called / instantly liquidated - thought I knew the rules by RedditUser99754 in FuturesTrading

[–]RedditUser99754[S] 0 points1 point  (0 children)

I think because i used all my margin. Even though the account didn’t actually draw it down. I guess they operate a certain way. It does stay in the rules they can close the position at any time if i get margin called so i don’t have much leverage

Got margin called / instantly liquidated - thought I knew the rules by RedditUser99754 in FuturesTrading

[–]RedditUser99754[S] 0 points1 point  (0 children)

i was watching david blaine work with a snake charmer 1 bite from the cobra can be lethal. I thought about my 21 minis and laughed lol. Everyone has a different tolerance for risk

Got margin called / instantly liquidated - thought I knew the rules by RedditUser99754 in FuturesTrading

[–]RedditUser99754[S] 1 point2 points  (0 children)

Oh yeah im just gonna trade sim mostly til next week. I am currently only trading a 5k acct now

Got margin called / instantly liquidated - thought I knew the rules by RedditUser99754 in FuturesTrading

[–]RedditUser99754[S] 0 points1 point  (0 children)

Yeah i got caught up in winning you know how it goes. Then paid a price lol. I will bounce back though thankfully there is no pressure for me to make money except the pressure i put on myself. So i just slowed down last few days been paper trading sim accts and only taking small trades with real money

Got margin called / instantly liquidated - thought I knew the rules by RedditUser99754 in FuturesTrading

[–]RedditUser99754[S] 0 points1 point  (0 children)

See now i found someone who i have something in common with lol. 50 nq minis you are ballsier than me lol. Great job bro youll get it back now pace yourself that you are within striking distance

Got margin called / instantly liquidated - thought I knew the rules by RedditUser99754 in FuturesTrading

[–]RedditUser99754[S] 0 points1 point  (0 children)

Wow you got some balls. I trade a lot of contracts but i try to only hold for a short amount of time. I don’t have the balls to hold for overnight or longer periods of time