I am newbie to trading sector.
I have a question regarding margin trading.
If the total amount in my trading account is 5,000 Rs.
Then, I buy 20 stocks of XYZ company on margin value 20,000 with CMP 1,000 Rs.
If the price of that stock goes down from 1,000 to 600 Rs.
Then, my total loss is 20*400=8,000.
But the total amount in my trading account is 5,000 Rs.
So, Please tell me, How can I pay that 3,000 Rs BALANCE.
and thanks in advance.
-Bharat
I have a question regarding margin trading.
If the total amount in my trading account is 5,000 Rs.
Then, I buy 20 stocks of XYZ company on margin value 20,000 with CMP 1,000 Rs.
If the price of that stock goes down from 1,000 to 600 Rs.
Then, my total loss is 20*400=8,000.
But the total amount in my trading account is 5,000 Rs.
So, Please tell me, How can I pay that 3,000 Rs BALANCE.
and thanks in advance.
-Bharat