What is the meaning of eTrade cash call in the context of cryptocurrency trading?
Abhi Krishna HDec 16, 2021 · 3 years ago3 answers
Can you explain the concept of eTrade cash call and how it relates to cryptocurrency trading? What does it mean and how does it affect traders?
3 answers
- Dec 16, 2021 · 3 years agoIn the context of cryptocurrency trading, eTrade cash call refers to a margin call issued by the eTrade platform when a trader's account balance falls below the required margin level. This means that the trader must deposit additional funds into their account to meet the margin requirements or risk having their positions liquidated. It is an important risk management mechanism to ensure that traders have sufficient funds to cover potential losses and maintain the stability of the trading platform.
- Dec 16, 2021 · 3 years agoeTrade cash call is like a wake-up call for cryptocurrency traders. When your account balance dips below the required margin level, eTrade will give you a friendly reminder to deposit more funds. It's like your mom telling you to clean your room before it gets too messy. So, if you want to keep your positions and avoid getting liquidated, make sure to pay attention to those cash call notifications from eTrade.
- Dec 16, 2021 · 3 years agoWhen it comes to cryptocurrency trading, eTrade cash call is a term used to describe the situation where a trader's account balance falls below the required margin level set by eTrade. This triggers a margin call, which means the trader needs to deposit additional funds to meet the margin requirements. Failure to do so may result in the liquidation of their positions. It's important for traders to closely monitor their account balance and respond promptly to cash call notifications to avoid any unwanted surprises.
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