zhoutonged

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.
by bittalk.tv November 22, 2011
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Zhoutonged

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.
by www.Zhoutonged.com April 09, 2013
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