Dec 7 2008, 11:18 PM
QUOTE(dreams_achiever @ Dec 7 2008, 01:37 PM)
In simple word, those ppls that using margin to purchase stocks are easier to bankrupt.
Dun ever to borrow money more than you can handle to do stock trading.
Else risking in getting margin call from your broker.
If you can't refill those losses from your stock investment even after clearing all your assets, then you will be declared bankrupt.
as i know most of the ppl using their own hard earn money to buy stock (as wat we all the forumer did), they use up all their money/fund to average down their stock, but when come to emergency they need $$ and this is why there need to sell off their share even they are lost. this ppl may lost few years to 10 years and above of their hard earn money in just few months time. they not yet bankrupt in law, but already mentally bankrupt. Dun ever to borrow money more than you can handle to do stock trading.
Else risking in getting margin call from your broker.
If you can't refill those losses from your stock investment even after clearing all your assets, then you will be declared bankrupt.
So becareful. 
This post has been edited by sampoo: Dec 7 2008, 11:20 PM
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