POLL: What caused your WORST trade ever?

[kinggyppo]

Quote from nutmeg:

Au contraire. My wife won't let me have her password. For example, in her account I bought GOOG on the first day and sold at $170 because I was an expert on charts. Most recently, since I am an expert on IPO's I bought FIG in her account. She said "you sell that shit and stay the f out of my account" hahahaha. She makes me laugh.

LOL

 

[chrismontez]

Relying on IB's servers on a heavy volume day. Bought 50 contracts on the QQQ's the Monday after Saddam was captured.
Market started to tank fast and I couldn't get out fast because IB's servers went down.

 

[trom]

I frequently have orders for 25-30 stocks at the close, and don't always get filled on all of them. I try work out of them afterhours or just hold and get out the next morning. Recently I was stuck short in a stock from 49.00. I came in the next day and it was at 70.00. Company got bought out over night.

 

[Anekdoten]

Breaking the rules, no doubt about it.

Anek

 

[irucken]

Was a series of trades in CNXT back in Sept 2000. Thing was upgraded to a $1000 buy from $30. Opened around $60 on a triple witching Friday. Market was strong and the thing threatened to roll all day. It was a classic relative weakness play up on BS news that I'd made money short in countless times before.
Not this day, was down $75k by the end ... my worst day ever.
Dumbass.

I believe something was said earlier about "not cutting your losses short".

 

[tradingroger]

?

 

[timbo]

Asymmetric information; pretty expensive.