Dow headed for best month since December
NEW YORK (Reuters) – U.S. stocks were steady early Friday, with the Dow Jones industrial average headed for its best month since December, while the dollar hit 3-year lows against a basket of major currencies. …

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MAKE THE BEST OF THE MARKETS FOR YOURSELF:

* Learn to profit from financial markets quickly
* Get up to 75% return on every trade you make
* Trade currencies, the NASDAQ, gold, oil and more
* Enjoy secure, simple and enriching trading every time

        

Let’s say I have $1K balance and my broker offers 100:1 leverage so that my buying power is $100K. I buy the Yen for $100K because I predict that Yen will rise in a week or so but I also predict that it will initially fall for like a day or two. So when the Yen falls in the first 2 days, my equity – as I understand it – will be negative. Will the broker close my position if they see that my equity is negative OR can I have this position open for as long as I like and hope for Yen to rise some day?

        

MAKE THE BEST OF THE MARKETS FOR YOURSELF:

* Learn to profit from financial markets quickly
* Get up to 75% return on every trade you make
* Trade currencies, the NASDAQ, gold, oil and more
* Enjoy secure, simple and enriching trading every time