Show me where I defended it lol. If you look at my post history you will see I have not defended it.
e.g.
All I said was I do not believe you will get anywhere with demanding compensation on the leverage change matter - as technically there is no monetary loss plus as they wrote in their article its included in their terms.
What if that requires more funds than you have available at very short notice and some of your positions are currently losing money? Losses donât disappear either. However, they might disappear if given a little more time.
That isnât defending it, and if you took it that way then apologies for the confusion.
That was my attempt at letting him know there is a possible way at preventing positions from closing, in case he thought there was nothing he could do. I was not saying that there is no issue because all you do is top-up a few more ÂŁÂŁÂŁ.
To make it clear, I also think the situation is a joke - I do not support or defend it (is that clear enough for you now??)
Can you please clarify this point @David? We have had a mega thread on your spread increase - are you saying I will be compensated for the margin call I suffered from the T212 induced volatility?
@David Iâm new to trading so I need a bit of insight from those of you who are experienced:
My account is sitting at 69% with ÂŁ5222.93 (Free Funds) and ÂŁ4,302.24 (Blocked funds)
I am in the Green with all my trades in the stocks I invest inâŚ
How will this change of margin effect my account specifically? IS it best I close my positions in this situation? If I do not close, will my current Profit (green) Disappear?
If anybody can put it in layman terms thatâd be great help as I donât want to lose what small fortune I have.
Look at the amount of people that need help to determine where they stand tomorrow with 24 hours notice, this is nothing short of predatory behaviour on retail clients from T212 on an astronomical scale.