I had a close call when I over brought a stock that was thinly traded. I kept on buying when the price drops
Didn’t realize that the margin for this stock was only 30% and Tiger would close or sell down to meet the margin if I didn’t meet the safe margin level after review. Lucky I was able to trim down the total stock holding in time without making a loss.
Lesson learn don’t over chase and monitor the allowable level for each stock.
$CityDev(C09.SI)$
# 10 Deadly Trading Mistakes! Have You Put Your Account in Danger?

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