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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: DWalmsley who wrote (5657)	11/8/1998 5:06:00 PM
From: Ron	Read Replies (1) \| Respond to of 7247

Be careful with margins folks, if you haven't used margin before. It has led to the downfall of many a trader. I know a guy who was well-margined going into July. When the margin call came from his broker in August..was not a pretty sight. He has basically started all over, financially speaking. Gonna be like the 80-year-old guy in the TV commercial whose financial adviser suggests he "keep working a few more years".