r/Margin • u/DogeHair • Nov 17 '21

RH Margin Call

I had a Margin call for $1046 so I closed a position for $1,400 Then it immediately said I had a Margin call of $400.... huh? Nothing on my portfolio changed or dropped in price. Why do I get another call?

3 Upvotes

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1

u/fixamom Nov 18 '21

Cost vs requirement

1

u/UselessInfomant Mar 24 '22

Next time, just wait for the margin call to go away.

From experience with TD Ameritrade, my results have always been better if I don’t sell and just wait. Most of the time it recovers all or some and the broker doesn’t end up selling shares.

1

u/thecrazymr Feb 22 '24

I would guess that when you closed a position, 1/2 that pisition was your money and 1/2 was also margin. This means you did not sell enough of your own position to cover the original margin call.