I posted this in other thread, so I make a new thread to keep clean the other thread I mentioned (I am so sorry!), this is what I posted :
The situation is now a bit better, my equity is now US$2800s, the floating loss stands still though, so I am still on a hedge. To this date, I had returned 60% of my loss (about US$ 2800s profit last week).
So, I am still inquiring guidance from senior traders, can I escape this?
QuoteDislikedI joined a future trading company for three months already.
Due to my inexperience, I let a broker in the company to handle my account, for the 1st month, it was a hopeful success for me (and my broker).
It took a grim turn in the next month,
I had lost US$ 1900 in just one trade,
okay, we fixed that, I injected more fund, and tried to 'repair' things.
a couple of weeks passed without any profit, and suddenly I got another margin call and forced to inject more fund (to date I had injected US$ 10000 already).
and the grimmest day of all is 21st of august..
Again, my broker carelessly made some transaction.
Now, I am trapped in a hedge/locking
with a GBP/USD open buy and aGBP/USD open sell with floating loss about US$ 5500s. Currently I had US$700 of equity and margin of US$200.
My great trader seniors, I beg you for a help...
can I escape this lock?
is there any way I can save my fund?
thanks a bunch for the help beforehand...
So, I am still inquiring guidance from senior traders, can I escape this?