What's the dumbest thing you've done?

Quote from gunslinger:

By far it was when I was 24. A buddy and I traveled to SE asia. Being an every day pot smoker at the time I thought it would be a good idea to bring with me in case we couldnt get some there. I ended up bringing a 1/4 oz. in my underware to Hong Kong then onto Singapore. From there we went to Malaysia where we finished it. We had to fly back to Singapore to make a connecting flight to Darwin, Australia. Only then on the plane to Singapore did I notice the front of the immigration card we had to fill out upon landing. It was a picture of a man being hanged, with the caption "WE EXECUTE DRUG SMUGGLERS".

This was before that American kid was caned for vandilism, and their total intolerence for drugs was played in the media, so I didnt think it would be that "big" of a deal. Not to mention we were young Americans, unshaven, carrying backpacks, it was a miracle we did not get searched based on that alone.

I still get a shiver thinking how lucky, and fkcing stupid I was.
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1/4 oz. is nothing....they wouldnt have hanged you for that....you wouldve only got maybe 20 or 30 years. :)

There is a book called 4000 days about a man who spent that much time in a thai prison for smuggling (heroin i think) Man, it sounded so much worse than any hell hole you could ever even imagine. I think even Pablo Escabar would think twice about smuggling drugs in that country after reading that book.
 
Placed a large spx credit spread order...buying versus selling...and was down over $500,000 ln the am...by the end of the day...I traded my way to only being down $32,000...
 
reply to:

Back in 2001, as a newly minted CTA, I made my first trade in the Schindler Trading Program. It was an exciting day for me and I wanted very badly to make my first couple of investors some money and to start what I hoped would be a profitable track record. My systematic strategy had me go long the e-mini Nasdaq futures.

It was the afternoon of September 10th.

Aaron Schindler
Schindler Trading

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Definitely not dumb. These are the things a trader would do again, and again, until the strategy started to become unprofitable as a whole. :)

five8s
 
Quote from William Rennick:

To the guy who called me a scumbag and wants to take me out behind the woodshed you can find me at 123 ASSKICK Street. If you saw the biceps on me you would never be snapping off like that.


People with large biceps generally lack power due to the speed x force = power equation. Let me give you a little tip. You can spend hours at the gym gaining muscle mass your body can't use or you use can the hours at your desk trading squeezing a hand strengthening device ( a tennis ball works really well) within a month your hand speed will probably double ,and instead of thinking: Gee look how big my biceps look, that'll scare em off. You'll be thinking. "Gee I wonder how many times I could turn his head around before it pops off"


Okay so this is off topic, but what the hell I started this thread.


five 8S
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This is my worst moment.

A few years back when i started dating this very nice girl, we planned to have dinner at my place and such. That day i hit the gym hard, so i downed a HUGE protein shake. A few hours later it hit me hard. To make a long story short, when i was making dinner, she sneaked up behind me and hugged me, and from the hug came a MASSIVE FART! and i mean MASSIVE!
 
Back when I was trading YHOO many years ago I was long 1000 shares and wanted to exit at 170. By mistake I entered a market order to sell 1000 at $17 and it filled instantly. When I got the electronic confirmation back it said 1000 YHOO sold at $17 for a total of $17,000 proceed. I almost had a heart attack after realizing I had just lost 153k from being stupid. So I called up ETRADE to see if I could get the trade busted and after being on hold for what seemd like hours , the guy started laughing at me and said, you got a little price improvement on your order and it was executed at 169.95 To this day I still have the paper confirmation of that trade to remind me of how stupid I was for not double checking my order.
 
Quote from Aaron:

Back in 2001, as a newly minted CTA, I made my first trade in the Schindler Trading Program. It was an exciting day for me and I wanted very badly to make my first couple of investors some money and to start what I hoped would be a profitable track record. My systematic strategy had me go long the e-mini Nasdaq futures.

It was the afternoon of September 10th.

Aaron Schindler
Schindler Trading
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You weren't the only one. I had been trading options for a little while and was doing pretty good and I got the bright idea to step my size up and buy $3500 worth of calls and hold overnight for the first time ever. I bought the calls on Sept 10 and learned a very valuable lesson the next day.
 
Quote from volente_00:

Back when I was trading YHOO many years ago I was long 1000 shares and wanted to exit at 170. By mistake I entered a market order to sell 1000 at $17 and it filled instantly. When I got the electronic confirmation back it said 1000 YHOO sold at $17 for a total of $17,000 proceed. I almost had a heart attack after realizing I had just lost 153k from being stupid. So I called up ETRADE to see if I could get the trade busted and after being on hold for what seemd like hours , the guy started laughing at me and said, you got a little price improvement on your order and it was executed at 169.95 To this day I still have the paper confirmation of that trade to remind me of how stupid I was for not double checking my order.
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It's funny how stories get exagerrated over time. I am not flaming you here; I remembered your YHOO anecdote and searched for it. Still a good story, regardless of the PnL:

http://www.elitetrader.com/vb/showthread.php?s=&postid=385784#post385784
 
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