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00:17 Jun 16, 2016 |
Spanish to English translations [PRO] Bus/Financial - Investment / Securities / futures market / hedge funds | |||||||
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| Selected response from: bigedsenior Local time: 22:16 | ||||||
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Summary of answers provided | ||||
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4 | closed out |
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closed out Explanation: When stock and forex markets are closed, there is always a possibility, on the net opening, that the price will gap. 'Gap' means that it will open at a substantially higher or lower price than the previous close. When that happens, traders that have a protective stop loss that falls within that gap will not have the protection of a loss as the market never touches that point. The result is the trader will continue to lose until the broker issues a margin call and if the trader an not meet the call, his position will be bought/closed out by the broker. I don't know why it would make any different if it were a 2 day or 3 day weekend. Stok markets close on a daily basis, so there is always a possibility of any particular stock to gap. The forex market is only closed over the weekend, otherwise trades continuously. http://www.forexfactory.com/showthread.php?t=234477 |
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