When I first started trading I bought a share which was very high and now it has dropped. I thought it would come back and it has not :banghead: so I decided to keep it as I had lost to much but now it's at a 90% loss what happens if it goes below 100%?
I know it's silly to keep it but it was for a small amount and my first trade...
Dam I messed up the thread heading.. Should read "What happens if you loose more than 100%"
silence
15th-August-2007, 10:31 AM
The share price can't go below $0.00, so you can't lose more than 100%
nomore4s
15th-August-2007, 10:32 AM
The share price can't go below $0.00, so you can't lose more than 100%
You can if you've used leverage (margin loan)
kennas
15th-August-2007, 10:36 AM
You can if you've used leverage (margin loan)He's not talking about leverage and a stock can never go down more than 100% from it's current position. :confused:
Motion, lose is not spelt loose. :confused:
Too early to be drinking guys. :confused:
motion
15th-August-2007, 10:44 AM
He's not talking about leverage and a stock can never go down more than 100% from it's current position. :confused:
Motion, lose is not spelt loose. :confused:
Too early to be drinking guys. :confused:
Thanks for the replies guys...will be interesting to see if it falls below 90% but I have learnt from my mistakes.:eek7:
Yep Kennas I think I have had too many short blacks this morning and panic mode has set in for my portfolio, so I'm going to check my spelling for the rest of the day :D
Thank you for also updating the heading
nomore4s
15th-August-2007, 10:53 AM
[QUOTE=kennas;191200]He's not talking about leverage and a stock can never go down more than 100% from it's current position. :confused:
[QUOTE]
lol, Kennas
I realise that, I was just pointing out that it is possible lose more than 100% if using leverage. I also realise it doesn't really have anything to do with Motions situation.
tech/a
15th-August-2007, 11:55 AM
What happens if you lose more than 100%?
You cant play anymore!!!!
jtb
15th-August-2007, 11:58 AM
Too early to be drinking guys. :confused:
Ha ha ha - good to see some humour:)
YELNATS
15th-August-2007, 12:17 PM
Hi Guys,
When I first started trading I bought a share which was very high and now it has dropped. I thought it would come back and it has not :banghead: so I decided to keep it as I had lost to much but now it's at a 90% loss what happens if it goes below 100%?
I know it's silly to keep it but it was for a small amount and my first trade...
I'd hang onto it a while longer. It's already lost nearly all of its' value, so if the price moves, chances are it might move back up somewhat, giving you a chance to recoup at least a larger part of your investment. regards YN:)
nioka
15th-August-2007, 02:41 PM
Hi Guys,
When I first started trading I bought a share which was very high and now it has dropped. I thought it would come back and it has not :banghead: so I decided to keep it as I had lost to much but now it's at a 90% loss what happens if it goes below 100%?
I know it's silly to keep it but it was for a small amount and my first trade...
Dam I messed up the thread heading.. Should read "What happens if you loose more than 100%"
Can we have the share named. I'm interested in seeing if it has any hope.
shinobi346
15th-August-2007, 02:44 PM
Wouldnt the company have to go bankrupt for it to lose all its value.
Even if it does go bankrupt thers stil la chance you get some money back, after everything in the company is sold off and the bank is paid off, the debtors, etc etc.. then you
BradK
15th-August-2007, 03:08 PM
Its not ALL your capital is it, Motion?
I just wonder how the amateur CFD traders are faring right now... it IS possible to lose more than 100% ... 900%??
I think we have a while to fall yet... Im calling 5600
Cheers
Brad
Asia Etrader
15th-August-2007, 05:26 PM
It cant go below 100% ( margin excluded). Just keep it. Why sell it now? It may come back again some day. I hope it wan't a lot of money and you learned your lesson (I've learned it too)
