Part 9 · lesson 1 of 2
You get connected and place one order you meant to place.
About 6 minutes.
Whose numbers these are
You have not picked a firm yet. So the figures below come from one firm’s published rules. Each one is named and dated where it appears. Pick a firm and the same lesson runs on your own numbers.
The floor
The balance your account may not go below. Go below it and the account closes.
Your platform has its own spelling for this, and it is often a third word again — different from your firm’s and different from ours. The lesson names the one on your screen.This one comes back: Where is the floor measured down from — what the account is worth now, or the most it has ever been worth?