What's the dumbest thing you've done?

Quote from jzlucas:

Sorry, no nightmare trades here but... Just built a house out in the country. According to the neighbors (before I built), high speed internet access was available on our road. Fast forward to present... it turns out high-speed is only available on certain parts of the road! Im in a few mile range where it's not available. :(
Had to close the futures account. Now Im back to swing trading stocks. This is brutal. Does anyone have satellite internet service? The only person I know who has it near here says it's not any faster than dial up. I thought it was supposed to be like DSL or cable! Any responses/ help would be appreciated! J
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yeah I have it. its fast enough for e signal but I don't know if AI would want to day trade with it
 
Quote from vick2cool:

Listening to some financial advisors and friends for stock picking… ended up loosing all of the trades...:mad:
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They'll get you everytime! Try this! 1. Find uptrend. 2. Buy dip.
 
I had a positive P&L of over $7000 combined in a swing trade of CMED and BNT when I left for a week long business trip. I placed limit sell orders instead of trailing stop losses. CMED came withing .07 cents of hitting my limit order and then...........
I returned home to and sold the positions for a loss of about $2000. STUPID!

Yes, I could have sold at some time during the trip, but I expected a bounce that never came. Live and learn.
 
Ah, lets see - this is what I wrote in my jornal. The recent dumb moves:

1) Buying shares of CHI on its XDATE (not a day before). CHI happens to have no options so I couldn't hedge against it when I realized what I did.

2) Doubling my stake in a company I considered fireproof. (I'm ashamed to list the name here)

3) Selling calls against my long position in CSX at $53 a few short moths ago. At that time I considered it to be a smart move and recommended a few people that follow me to do the same. (now at 72 and climbing)
 
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