I shorted natural gas in the pre-market, then in opening want to cover, but I wrote a wrong oder(a limit order with lower price, I intent to write a limit buy order, but actually wrote a sell limit order way below te market), did not notice the oder type is sell. gee, I sold it double down on the market, just f**k, late notice the market is going up, and my P/L reduced so fast, kind of odd, found I shorted double size. fat fingers are costy! in the past, I did that too. one time, I sold 1000shares stocks with lower price (2points below) becuase I think I was writing a buy order. feel bad. double check the order
That's crappy, but not quite a fat finger. A fat finger is trading 56 contracts (rather than the 5 I was hoping for) in a very thinly traded / wide spread gasoline options market.
feel sorry :eek: but LOL also what was the quote like (if you remember) and how much your action moved the market?
yeah, no kidding, that feature has saved my ass more than one time I try to set everything up so it is just point and click but you know, occasionally there comes special orders one time I put in an order to buy 1 eur.usd, I couldn't figure out why when it was crashing I was not losing any money (the spread wasn't too bad, but I paid $2.50 in commission)
oh yes, thanks. not sure how this feature escaped me!! I can't find it but do you think IB also has a feature where you can set how many times you can trade a particular contract in a day?
Fat fingers or lack of eye glasses, or both, ouch. Yeah the TWS settings saved me twice so far, but i don't often manually enter orders. Configuration > Presets > Stocks (or any other) > Show All possible fields > scroll down to Precautionary Settings