Read? Playing The Game of Leverage (8)
MF Global S'pore to be wound down
"All investment or trading usng leverages by nature are high risk as you may lose more than expected." - Createwealth8888
ST, Wed, Nov 2
Mdm Tan said that her life savings of more than $100K are invested in CFD with MF Global.
Her worry now: "Now my worry is not just that I can't take back my money - I've also incurred debt," she said, adding that yesterday alone she had already chalked up $40K of debt from her open positions as the markets fell. " I play long so I did not place any stop loss orders .. right now my heart is bleeding."
Createwealth8888:
All of us like to make more money; but some will like to make money without losing sleep. It is better to lose what we can lose and not losing sleep than trying to make more money with nightmares. When bad things happen in a row; you will be losing your sleep and bleeding in your heart.
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