Let me give you an example from ICBC:

The current price of AU (T+D) is 296 yuan/gram, and the margin required for one lot of transactions is 296*1000*15%=44,400 yuan< /p>

Your customer’s initial capital is 50W. 10 lots were traded. ***The margin occupied is 444,000 yuan, and the available funds (excluding handling fees) are 56,000 yuan. For example, when gold fell to (296-5.6 yuan) 290.4 yuan today, the customer suffered a floating loss of 56,000 yuan. At this time (it should be before this ICBC will Notify the customer to add margin) If the customer does not add, (note: your available funds are already 0 at this time) For example, if the price still fluctuates downward by 3 yuan, then your available funds will be -3*1000*10=-30000 Yuan's floating loss. Assume that today's settlement price is 296-5.6-3, which is equal to 287.4 yuan. And assuming that this price stays until the market opens at 9 a.m. tomorrow, your position will already be greater than the limit at this time, because your margin has been raised from If the loss reaches 14% from 15%, then the exchange will close one of your positions before 10:00, release the margin, and keep your 8 lots.

Think of the above example as a customer with only 5W. , made a move, then the position was forcibly closed without adding more, and the margin was still there, but it changed from 15% of gold at that time to 14%.

In addition, this example warns investors not to overweight their positions and to strictly stop losses!