My Brokerage Called To Ask About My 576k (Unrealised) Loss :(

A couple of days ago, I received a call from my brokerage, Interactive Brokers. It was a +852 XXX XXX number which looked like a scam call but I picked it up anywhere. The person on the line identified herself as someone calling from Interactive Brokers. She explained the purpose of the call was to … Continue reading My Brokerage Called To Ask About My 576k (Unrealised) Loss šŸ˜¦

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Why You Should Not Blindly Follow Your Favourite Financial YouTuber’s Investment Tips/ Trades/ Predictions

I have been reading much about the "Chicken Genius (Ken) Quits YouTube" news lately. So, apparently, other than being attacked by other YouTubers such as Meet Kevin, he was also worried about his followers getting into margin calls because they had echoed his bearish outlook and followed his trades (sold covered calls on Tesla at … Continue reading Why You Should Not Blindly Follow Your Favourite Financial YouTuber’s Investment Tips/ Trades/ Predictions

Understanding The Risk Of Margins, Selling Naked CALL & PUTS

To understand what is a margin call, we must first understand what is a margin loan. A margin loan happens when you borrow money from your brokerage to invest or trade. In order to do that, you will need to apply for a margin account instead of a cash account. In exchange, you will need … Continue reading Understanding The Risk Of Margins, Selling Naked CALL & PUTS