dumb mistakes

metooxx · Nov 27, 2002

All I bring to the party is 30 years of stupid mistakes ...

metooxx · Nov 27, 2002

Quote from OPTIONAL777:

Dumbest trading mistake?

Well, I didn't want to leave my screen, even for a moment.

So I pissed into an empty apple juice bottle that I had just finished drinking.

A half hour later, I was thirsty and grabed the apple juice bottle full of piss by mistake and took a big swig.

Man, that was messed up.

Other than this one ...

metooxx · Nov 27, 2002

But then again. putting out cigarettes in pop cans and then taking a drink; I have done more than once ...

Winston · Nov 27, 2002

metooxx
Elite Member

Registered: Nov 2001
Posts: 1958

11-27-02 10:07 PM

But then again. putting out cigarettes in pop cans and then taking a drink; I have done more than once ...

Try working in a nightclub, you grow accustomed to the taste.

Peri · Nov 28, 2002

Failure to use a trailing stop. Never used them, I was always at my desk. The Monday after Thanksgiving 98 I had to take someone to catch a ride. I underestimated how far out it was and missed the first 90 minutes of market. I was in MALL. I think it went up 2 pts then plummeted 20 by the time I got home. (remember those days?) My unrealized 38K profit melted down to $750.00. Would have been my first big hit.

qdz · Nov 28, 2002

Good good. Confess to the trading lord of each of us. And we will be spared. It's
Thanksgiving.

Ninja · Nov 28, 2002

I was long a stock and had to leave my computer for a while so I wanted to enter a protective stop loss with sufficient distance to the current price, but by mistake selected LMT as the order type. That order was filled instantly by a happy guy on the other side...

:mad:

qdz2 · Jan 23, 2003

Let me add another one, having wrong impression on close time, usually due to stress or some other reasons. Think the market should close. But there is still another hour to go. Then cut loss or give up gains in vain. Miss the big move in the last hour.

Jayford · Jan 23, 2003

Quote from prox:

I still do #1 ..

my biggest mistakes now are chasing stuff down when it moves quickly without me after I have my signal ...

and trying to be cute and exit with limit orders, and then having to exit on market at a worse price once it moves even more.

Me too. Chasing any market, at any time.

Still do it at times, and I've been trading a looong time.

Jay

cheeks · Jan 23, 2003

Quote from prox:

my biggest mistakes now are chasing stuff down when it moves quickly without me after I have my signal ...

Oh yeah, I'm real good at this one too.