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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Bilow who wrote (2672)8/12/1999 12:46:00 PM
From: marketbrief.com  Read Replies (1) | Respond to of 18137
 
hi carl, well I'm talking about the use of 5:1 and 10:1 margin that is commonplace (apparently) in a lot of these shops... *that's* where people get in serious trouble. Before the Crash ('29) it was common for bucket shop customers to be carrying stuff at 10:1, and goes a long way toward explaining why at that time things got as catastrophic as they did.

~Smart$