Wednesday, January 2, 2008

Margin Call Today

Well, it had to happen. After I was forced to make a withdrawal from my account due to the fact I was surprised that someone had given me an NSF check. There simply wasn't much capital left.

This means that any sudden moves, as happened today, would cause my account to run out of cash. Well, it did.

It's not fun, but at least at this point we are talking about a very small amount of cash. So, though I was considering myself a microtrader, I now am forced to consider myself a nanotrader.

We'll see if I can manage to crawl back out of the depths and get my feet under me again. Wish me luck!

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