Moomoo is trash
These SOBs closed my position for me right before the run up. I'm closing this account ASAP.
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Paul Michigan : look in help section for risks of short selling. Your account can be liquidated if you do things they explain are riskier. look in help center section for their rules Money.
Moneybags82 OP : I had a call option that barely went red. They closed it for a $18 loss.
KENSHI BLACK : wierd. that doesn't seem right unless you had bank payment not go thru and you were using margin
Moneybags82 OP : Nope I never use margin yet I always have margin fees. That's another reason I'm closing this account. I'm pretty sure they're opening positions as margin even tho I'm always careful to only use cash available in my account.
Jacob Kitchen : that's unfortunate man, I've had nothing but a great experience with moomoo
BakeFace Jacob Kitchen : Stop trading on Margin. Cover your naked calls
SnoringBitty : Are you 100% sure you weren’t trading on margin? I got flagged with a warning after buying a share on margin this morning, but I initiated an extra deposit and all is well now.