$GameStop (GME.US)$ guys i used margin to buy what does that...
$GameStop (GME.US)$ guys i used margin to buy what does that mean
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Zec Sol : Means you better hope number go up
Magin justin : It means you’re gambling today
102278606 OP Zec Sol : Oh but why?
102278606 OP Magin justin : Gambling? Why?
GalvanisedSqSteel : It means you’re borrowing money from the broker to buy
Magin justin : Margin you’re borrowing money from the broker hoping it goes up, can blow up your account of it goes opposite. Not guaranteed to but its either way with margin
102278606 OP GalvanisedSqSteel : Am I in debt?
MonkeyGee : means time to pray
Mona_cat : Means you better sell now if you are up. Like giving credit card to a child ah.
Ken Griffin Charity2 : It means you just used borrowed funds. If you don’t know what you’re doing, I highly suggest you either exit your position immediately or deposit funds into your account because you’re gonna have to pay interest on that margin.