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re: trading in high volatility - worse case scenario, page-8

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mistyrains

36,517 Posts.

1

07/10/14

00:07

Post #: 14083228
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Originally posted by find8 ↑

Thanks, James! I just noticed your post.

From what you're saying, the ultimate risk is account closure.
So, if the trader's forex account has an equity of $10,000 - the trader risks losing this $10,000 in the worst case scenario - the blackest of black swan melt downs - that goes against the trader's positions.

But, given the leverage (and despite the trader's best efforts to set reasonably tight stops) - can the risk extend beyond that $10,000 equity ... i.e., can the trader lose their house and everything else they own, for instance (in the bleakest scenario)?

I don't mean to scare anyone.

I also have another question.... regarding trading performance.
I'll start another thread.

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find8,

I am puzzled by the line of your questioning. Why don't you call up a few forex brokers and ask them your question, you will have the answer from the horse's mouth.
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