Quote:
Originally Posted by sha
Here is the current status of my account:
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Your account is in margin call ( 1 ) of $ 436.45 as of 12/20/2007
Ending Balance 5,241.59
Unrealized PL -3,236.08
Liquidation Value 2,005.51
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Ask yourself this, would you feel comfortable with a 61.7% of floating draw down?
The trader is already talking about the next greatest and safest strategy IF he survives this one.
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Actually that was from Thursday's statement. As of Friday close, here are the latest:
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Ending Balance 5,244.62
Unrealized PL -3,776.99
Liquidation Value 1467.63
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72% floating drawdown. The positions are now reduced by partial hedging.