I don't know how long you guys have been in the market, but in the past, when I was not exposed to (potential) margin calls, I would just completely ignore the market for a few months when it got crazy like this. Didn't want to stress about it every day, and you KNOW - absolutely - that it will come back, eventually.
This time, there is a possibility of a margin call. Only remote, because my leverage is only part margin loan, part secured loan. But a margin call destroys you, so I need to monitor the situation, and if necessary take whatever avoidance measures I can. As long as I avoid the margin call, I will have the assets in place to (eventually) recover.
Unfortunately, that does mean significant stress, which is unpleasant.
its not just you guys, page-4
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.56 |
Change
0.050(0.77%) |
Mkt cap ! $6.131B | |||
| Open | High | Low | Value | Volume |
| $6.51 | $6.59 | $6.49 | $8.348M | 1.273M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16304 | $6.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.56 | 2708 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |