Quote from Szeven:
Red Ink your right i screwed up some numbers some where, i thought i remember the price right but was obviously wrong.
Today was my most hectic day at work ever and i almost had to end my trading career. I was long 200 TXU this morning as an opening trade, but when it started falling early i went to sell it. Unfourtunatly at that time our ISI keys were messed up and my orders got stuck as pending in my order log. This was happening yesterday and logging in/out was fixing the prob so i did that and wala the orders were gone. At the same time though, 1 that was down at 102 to sell was still stuck and not canceling. I wasnt really thinking anything of it because its not abnomal for orders at swift to get stuck but just never be filled or accepted. Turns out my 3 orders to sell and that order were in fact filled at an average price of 102.25. So my blotter showed 600 short and the brokerware showed 800 short. I was going to just flat it back to the spec but because of my non canceling order to sell at 102, i couldnt place a buy order above that because its a "self trader conflict" So im freaking out and trying to figure out how to get this order cancelled and removed and before i know it the stock is trading in the 103's. I ended up holding the pending loss till 104 something, and then an act of god, or osmething like it, jackknifed the stock at 104something and i ended up making $3 in the stock that day.
So i went from stopped out at about negative $2000 to positive 178 at hte close. Craziest emotions of my life i felt like crying the whole half hour or hour.
I attached a chart.