I blew up my Trading Account

This is what happened. On Feb.02. I bought a few Shares of SVXY. I was down a bit when the Market closed, but didn’t worry at all. Next Monday the 5th. SVXY went further down, so I averaged down on Margin. It went further down and closed at around $70. We all know what happened then. This piece of junk dropped to $10 in after hours trading. The big Problem for me was, that I didn’t buy Stocks, but CFDs. I can not buy or sell CFDs in premarket or after hours with my Broker. So the first Margin warning[…]

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