Every now and then I do some stupid things trading but this was by far the my worst blunder yet. Over the weekend I was bravely holding KLAC and QQQ calls, also Long TYC, DNA and was trying to watch all my positions for best exit. I also trade MEDI every day and was long and short several times so far. I had to go out to my driveway and show a boat that I was selling and I didn't dare hold my long position (Medi could be down $2.00 In the next 10 min. intraday swings can be really violent) I quickly sold my long position in MEDI then went out for about 60 minutes. When I came back in Medi had gone from 26.15 to 27.50 I was really pissed off that I was not holding my long position. I decided to quit trading about 12:00 Medi was flying at $28.50 by now. That night I was checking my P&L on all my trades and realized that I had somehow not sold but rather bought another 300 shares of MEDI. (Now long 600 MEDI). I quickly checked to see that it had closed at $27.52 well above my average cost of 26.21 but well off the 28.50 high. How the hell could I have done this? Up $2.29 at the high of the day with no clue that I still owned the stock. I was having problems with my confirmations today but I know the difference between a buy and sell order . I logged back into my account to make sure my printed report was correct. Yes 600 MEDI was clearly one of my positions. I woke up today happy to see that the futures were looking good and about 3 minutes after the open I was able to sell into a good rally adding an extra $1200 to my account. The sad thing about a trade like this is that I got rewarded for stupidity. This trade could have easily gone against me $2000. In looking back I realized that my trading on monday was a little nuts. Trying to trade too many stocks drinking way too much caffeine. I got off easy on this one. Any one else have any good tales? :eek:
