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I love the name Margaret! I think it's classical and beautiful. I don't however like Maggie for a nickname. To me Maggie sounds childish and makes me think of a shy and insecure young girl. Personally, I'd try to keep Margaret as is and not allow it to be shortened. But as for nicknames, I think Daisy is the best. Most people don't associate Daisy with Margaret though, so that may be difficult. Gretel is nice, if you don't mind the more foreign sound. Of the commond nicknames, I most prefer Meg. I think Meg is very sweet.