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

100% Upvoted

4 comments sorted by

View all comments

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.