The "Im an Idiot" thread

when the es first came out I tried to trade it by watching the prem. on cnbc"s comm. summary every minute....without a realtime chart.

it was like riding my thundercat across a fozen lake at night w/out a headlight to find that somebody had plowed a road across the lake that day...( yup, did that too) at 70 mph!
 
Backtesting an automatic trading bot with historical data but sending the orders (market orders) out to a live account. Within a few seconds, I'd lost about $2500 buying at ask and selling at bid about 150 ES contracts one contract at a time.
 
entered a lmt order in IB to buy jly beans at "6 dollars and eighty eight cents" per bushel by typing 6 . 8 8 well in IB one has to enter the order without the "period" Outcome: I was traveling, saw that beans dipped to 6.85, thought I was good only to find out they rallied to over 7.50 before I realized that I was still short. ugh
 
Quote from wee man:

Are you that guy who has been all over the net recently giving his video commentary 'how not to trade'?

Not sure if thats an ET joke Im unaware of..but no... I rarely post anything anywhere.
 
This morning before leaving for the day I entered a put credit spread for $1.....humm wonder if it got filled:p I'm an idot...worse yet I can't remember the strikes :eek:
 
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