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As a broker, there are rare days when risk management simply doesn't work, when markets move so violently that traders lose more than their entire initial margin. When this happens, both the trader and the broker are sitting ducks with no way out.
Yesterday was one of those days in commodity markets. All major metals hit lower circuits—the maximum they can move in a day. Silver crashed 30%, Gold 15%, and others followed. Btw, Natural gas was on an upper circuit.
In our 16 years of operations, we've only seen something like this once before: when Crude oil closed at a negative price during COVID. But that was just one commodity, and commodity trading wasn't nearly as popular as it is today.
What happened in commodities yesterday can happen in equities too; we saw it in 2008.
The lesson is simple but critical: only trade with money you can afford to lose. You can trade successfully for a decade and lose it all in a single day if you're not properly managing risk. There's no margin call, no exit opportunity when markets gap through circuits like this.
Trump moved in on Maduro while China’s delegation was in Caracas to meet with Maduro.
This timing was no accident. The message is VERY clear.
And you heard it here first👇
@ARanganathan72@deepigoyal Everything said and done, when I spotted this young guy, arnd 23-25 with right leg amputated, running on his bike to earn his livelihood made my day! @deepigoyal Happy to see, ppl like being employed and become self reliant! Kudos 👏
@NakicNexus Top line growth, bottom line shattered. What does it mean? Its capex phase, coming at expense of bottom line. Wait for couple of quarters you ll see, Hockey stick.
@nsitharaman@narendramodi@AmitShah Madam, please pass bill which will make it mandatory for all the politicians and their first degree relatives to declare their investments and assets real time. I m yet to figure out how their investments grow 100-1000X in just couple of years
@sabeer On a serious note , What do you think who is the most eligible person to run thia country and who shd head the finance ministry? Country needs someone who can actually deliver