I have used more than a dozen brokers. Some of them handle margin calls when the Equity <= 5%, 10%, 25%, 50% and 100% of the margin used per trade. Some other brokers permit the Equity to go as low as 1% of the whole account!.
I prefer the latter for some scalping trades and a 100% Maintenance Margin requirement for some trades that forcibly requires discipline. But the funny thing is that, i have always been doing extremely well only with 100% MM for an MC. All other cases tempt me to stay in the open position and as we know that the market does not favor the word "Hope".
But i would love to have a 1% MM for MC so that it`s very flexible and i simply have to calculate how much margin is required to open 0.01 lot and multiply it with how many lots i intend to trade and then multiply it with the percentage i like to set my MC at... This is almost like a Mental Stop-Loss.
So, what would you like to have as the most comfortable Maintenance Margin for a Margin Call? Feel Free to post your opinion and project your ideas!.
I prefer the latter for some scalping trades and a 100% Maintenance Margin requirement for some trades that forcibly requires discipline. But the funny thing is that, i have always been doing extremely well only with 100% MM for an MC. All other cases tempt me to stay in the open position and as we know that the market does not favor the word "Hope".
But i would love to have a 1% MM for MC so that it`s very flexible and i simply have to calculate how much margin is required to open 0.01 lot and multiply it with how many lots i intend to trade and then multiply it with the percentage i like to set my MC at... This is almost like a Mental Stop-Loss.
So, what would you like to have as the most comfortable Maintenance Margin for a Margin Call? Feel Free to post your opinion and project your ideas!.
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