I am trying to understand, what happens in the following scenario -
42000 CE Long - SL Hit 4 Lots
42200 CE Long - SL Hit 4 Lots
42100 CE Short - In Profit - 8 Lots. but TP not hit
And my margin is lower than the required margin to maintain the Short position. What would happen in that case?
Is there a margin penalty?
How do we manage such situations, this has not happened to me but contemplating to understand how to manage such situations.