Quote:
Originally Posted by Almedin
No selling
Yup and Doing the opposite.
Quote:
Originally Posted by Johnny Upton
Just a rough guess but in best case scenario he was forced to sell about 25% of his shares, but given how insane the margin availability appeared to be in that account it could be worse.
Typically you can use margin for 50% of a stock purchase, the numbers he was posting made it look like he was getting margin of 2-1, not sure how that is even legal, I am hoping I (or he) just mis-understood the specific numbers he was posting.
No. Did the opposite.
In RH, i buy whatever they allow me to buy until I can’t. I hv had 3 margin calls over the Holidays where I hv had to either sell or deposit more. All 3 times I hv chose to deposit. Each one anywhere from $1-$2k for a total of $3,700.
Where did this $3,700 come from? Grinding the pokerz. All my winnings that I can spare have been going directly towards NIO leaving me always short on my liferoll.
Quote:
Originally Posted by LiveActionPro
Update ?
Currently about $800 as a #liferoll and been scraping by. Doing my best not to pull from RH. Not sure how this will work out.
We are in the 20,000 share club :/ and it hasn’t been pretty. At one point we were down to $27,000.
On Cmas Eve nonetheless. Merry Cmas me? No worries, it’s all gd. Go for it while we’re living. Can’t when we gone. With market sentiment, I wdnt b surprised if it gets back to $27k. If it does, we buy, we buy.
Last edited by ButterflySymmetry; 01-10-2019 at 08:13 PM.