fat finger trade? or a dump?

Discussion in 'Trading' started by pikerforlife, Jul 31, 2012.

  1. 60k es minis sold seconds into the close today. fat finger trade, or tactical dump/dive to cause the least ripples?

    $4billion notational, around $250mil margin req., i'm sure i wasn't one of us.

    whats the rationale behind a trade like this into the close? head fake? first rat off a sinking ship? 'simple', yet rushed, flattening out before the fed meeting? it seemed more than algos working toward their next target, this seemed personal.
     
  2. SamGold

    SamGold

    Most importantly: Did you enjoy it?.:)
     
  3. None of the above. Just a bar tab I had to pay.... :(