Even if he managed to get his 8k Deposit to 25k because he got lucky. He
lost so much with his 11 Lots that he tried to hedge them another 11 Lots which left no free margin to trade. Now he tries to make some money on USD/JPY in the meantime. (He was going Long first when USD/JPY was dropping like a stone.)
Lossing even more money. Equity drops below 11k -> Kaboom.
As simple as that.
lost so much with his 11 Lots that he tried to hedge them another 11 Lots which left no free margin to trade. Now he tries to make some money on USD/JPY in the meantime. (He was going Long first when USD/JPY was dropping like a stone.)
Lossing even more money. Equity drops below 11k -> Kaboom.
As simple as that.