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Amitabha…Amen..

by Gav Leave a Comment

I received an email from one of my forex broker

Dear Client,Please be aware of the substantial volatility in the international markets today and manage your open positions accordingly. If you need assistance, please do not hesitate to call the Trade Desk.

Sincerely,

xxxxxxx

Here is the email from my Futures broker

Dear Sir/Madam

Investing in a Volatile Market

Please take note that the ongoing turmoil in the global financial markets creates a situation where your equity balance may be reduced substantially within a very short period of time.

We would like to strongly advise you to monitor your positions closely and voluntarily put in additional funds (cheques will only be considered received upon clearance) to prevent your equity balance from depleting below the margin requirements.

If you need any assistance please feel free to contact our dealing desk.

Thank you.

Risk Department.

All sounds the same tune. What they basically mean, is, take care of yourself. Enjoy, but DON’T lose your pant. Remember, it is always OK to stay away if you don’t know how to trade at the momement.

Filed Under: Trading Journal Tagged With: FX, Trading Journal

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My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

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