The dreaded margin call. Your day can go from bad to worse when you get the tap on the shoulder from the brokerage firm and you're notified that you're "in call."
On today's show, Ryan and Beef explain the different types of margin calls and what we need to do, should we get into this situation. The key is to not freak out. The most common type of call is an RM call or required maintenance call which can be satisfied by either depositing cash into the account or freeing up buying power by closing out of existing positions.
Check out today's show to learn more, but remember, if you get a margin call, don't freak out. It can easily be taken care of.