Trader mistakes; fired or survived? Tell Us
- Thread starter cml2949
- Start date
Do you also enjoy slowing down to watch car wrecks, and to see if there is blood pooling on the pavement? 
Is it human nature to get fired? TorontoTrader2?
Sometimes I clicked the button to quick, got the ask price.
I would be out immediately, taking a loss.
This happened several times.
I would be out immediately, taking a loss.
This happened several times.
orct came out with earnings several weeks ago, it beat earnings so i bought 500 shares at about 19, right after i bought (pre-market) they preannounced next quarter revenues would be light, the stock instantly went to 16.
Inthe space of 30 seconds, i was down 1500 dollars, to compound this, i tried to sell the 500 i just bought and i accidentally hit the buy button instead of the sell button, so i inadvertantly purchased another 500 shares at 17, by the time the purchase got executed at 17, the bid dropped to 15.90 and then i sold the 1000 shares.
it was the most pathetic set of trades i ever did, lesson learned - don't buy illiquid stocks on earnings until the guidance comes out if at all.
Inthe space of 30 seconds, i was down 1500 dollars, to compound this, i tried to sell the 500 i just bought and i accidentally hit the buy button instead of the sell button, so i inadvertantly purchased another 500 shares at 17, by the time the purchase got executed at 17, the bid dropped to 15.90 and then i sold the 1000 shares.
it was the most pathetic set of trades i ever did, lesson learned - don't buy illiquid stocks on earnings until the guidance comes out if at all.
Slept with the bosses wife
-Kastro
-Kastro