Hello!
On 21st Sept 18 I bought 1000 DHFL at 464 MIS at 12:37 PM using margin , By initial I had 50 K in my trading account.
DHFL went down drastically,The problem here is my broker(Upstox) sold my shares at 366(12:47 PM) My RMS squareoff is 70% of my capital so approx square off price should be near 430-425 (at 12:42 PM) the price momentum was very fast but still he sold at huge difference which is costing me -49k.My ledger balance is negative 49k
can any one please suggest me what can be done for this.who is responsible for the losses?. Will it be a RMS failure.
Your help is appreciated.
Thanks
On 21st Sept 18 I bought 1000 DHFL at 464 MIS at 12:37 PM using margin , By initial I had 50 K in my trading account.
DHFL went down drastically,The problem here is my broker(Upstox) sold my shares at 366(12:47 PM) My RMS squareoff is 70% of my capital so approx square off price should be near 430-425 (at 12:42 PM) the price momentum was very fast but still he sold at huge difference which is costing me -49k.My ledger balance is negative 49k
can any one please suggest me what can be done for this.who is responsible for the losses?. Will it be a RMS failure.
Your help is appreciated.
Thanks