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Did a lot of traders get called out on margin today.
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Such a volatile day. I would imagine that anybody trading on margin probably as the market dropped this morning received a margin call. As the market came back with those trades called out still have been sold out or would they have recovered?
Bloody days like today are exactly what hedge funds and sophisticated Wall Street traders look for because they want to get capitulation from the novice investor. Have to think that a lot of people on #WSB Lost whatever was left of their positions today.
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