10% of my capital out because of a wrong pressed key!!"$%&%$··

[fbirdien]

Solution to mitigate risk-

http://www.access-is.com/dealing_room_multiple_trading_keyboard.php

http://www.access-is.com/news_dealing_and_trading_keyboard_keypad.php

http://www.mighter.com/mpkb4000.htm

Quote from ronin266:


ADVICE FOR BEGGINERS: PUT SOME COLOR STICKERS ON YOUR KEYBOARD HOTKEYS!!!!!!!!

Damn, I´m really frustrated ................................ [/B]

 

[Ghost of Cutten]

View it as tuition for learning to always check your positions immediately after a trade entry.

It's a lot cheaper to sit down and work all this shit out in advance. Just like a pilot has a takeoff checklist, for things to do before, during, and after takeoff, you need a trade entry checklist of things to do before, during, and after you place the trade.

As for trying to 'work' the position out once you realised your error, big LOL at that. There's only one rule for errors - exit asap. Never ever try to get a better exit price on an error. Since it's not a position you wanted or have any edge in, maintaining risk is just totally irrational. You should count yourself lucky it was only 10%.

 

[zdreg]

check pending orders at regular intervals.

 

[pcp198]

ronin, I know what what it feels like to have that happen. if your trading in and out of fast moving market, your best bet is modify a game controller to work with your hot keys. if you've got quick reflexes it will shave milliseconds off your entries and give you a better sense of control holding the physical order entry buttons.


This is my 'dogbone' style game controller I use with Thinkorswim hotkeys. Very cheap and out of the box it plugs into any USB port. I had to adjust the modifier key settings on my computer and download software to program the controller. The paint job took about 10 minutes with nail polish.

 

[oldtime]

Quote from pcp198:

ronin, I know what what it feels like to have that happen. if your trading in and out of fast moving market, your best bet is modify a game controller to work with your hot keys. if you've got quick reflexes it will shave milliseconds off your entries and give you a better sense of control holding the physical order entry buttons.


This is my 'dogbone' style game controller I use with Thinkorswim hotkeys. Very cheap and out of the box it plugs into any USB port. I had to adjust the modifier key settings on my computer and download software to program the controller. The paint job took about 10 minutes with nail polish.

Where's your "double up and take the other side" button?

 

[pcp198]

Quote from oldtime:

Where's your "double up and take the other side" button?

These are the only buttons I need. Note the Dpad, Start & Select buttons are unassigned. You can customize the buttons to your trading style.

 

[pcp198]

Quote from HATEtheRisk:

holly molly,
hahahha, sorry i couldnt stop laughing, this is very funny.
sorry for your lost money, but shit happens..... LOL

trading is not a game. Dont use hotkeys. If you have then still problems, dont trade online, call your broker for your deals, maybe than you are in the focus of what you are doing.

good luck

Trading is a game. so is poker, they are games of risk. Go ahead, take another moment to laugh at his loss. You probably took some big hits during your failed attempt to trade & this is the only thing that consoles you..

 

[thunderbolttr]

Quote from zdreg:

check pending orders at regular intervals.

Yeah, you should really get in the habit of constantly checking your open orders and open position windows to double check that everything is going according to plan.

 

[syswizard]

Quote from ronin266:

and I was really RED.
Damn, I´m really frustrated ................................

I wouldn't be frustrated, I'd get a new trading platform. You didn't get a audio alert when you were somewhat red ?
You should never get REALLY red if you at least get an alert that the trade has immediately gone south.

 

[Hydroblunt]

Quote from pcp198:

ronin, I know what what it feels like to have that happen. if your trading in and out of fast moving market, your best bet is modify a game controller to work with your hot keys. if you've got quick reflexes it will shave milliseconds off your entries and give you a better sense of control holding the physical order entry buttons.


This is my 'dogbone' style game controller I use with Thinkorswim hotkeys. Very cheap and out of the box it plugs into any USB port. I had to adjust the modifier key settings on my computer and download software to program the controller. The paint job took about 10 minutes with nail polish.

LOL that is awesome. Patent that.