Top Definition
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.
#market #liquidate #trade #margin #zhoutong #short #long #leverage #spread #net value #maintenance
by bittalk.tv November 22, 2011
Photos & Videos
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 "ZHOU TONGED"!.... lost it all on a margin call.
#bitcoin #zhoutonged #zhou tonged #bit coin #zhou tong #bitcoinica
by http://www.ZhouTonged.com April 09, 2013
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.
#bitcoin #zhoutonged #zhou tonged #bit coin #zhou tong #bitcoinica
by www.Zhoutonged.com April 09, 2013
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