| 1. | zhoutonged | ||
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Chinese slang for a margin call, where your positions are liquidated automatically due to an insufficient trading balance. The market was so crazy today, I got zhoutonged.
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| 2. | Zhoutonged | ||
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Bitcoin slang, Your positions are automatically liquidated due to insufficient trading balance after a margin call. This occurs when trading using "leverage buying" at high levels 5:1 or 10:1 The large swings in the Bitcoin exchange rates can force automated margin selling, when the Broker sells out the customer without notice. I Just Got "ZHOUTONGED"!.... lost it all on a margin call.
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