A margin call is not simply about a stock price falling. The real risk is whether your Excess Liquidity (EL) remains above the required level.

A leveraged position falling can quickly reduce your equity. But higher margin requirements, cash withdrawals, new leveraged positions, exchange-rate moves, and excessive concentration can also push your account toward liquidation.

The key distinction is simple: EL tells you how close you are to liquidation, while AEE tells you whether you have room to open new positions.

The biggest lesson? Leverage magnifies both gains and losses. Don’t wait for a margin call notification—monitor your risk level continuously and keep enough liquidity to survive a sharp market move.

@Tiger_AU [DOGE]