POLL: What caused your WORST trade ever?

Discussion in 'Risk Management' started by rcanfiel, Nov 12, 2007.

POLL: What caused your WORST trade ever?

  1. A tip that was way off

    3 vote(s)
  2. My trading mistake

    55 vote(s)
  3. position based on another's trading system/advisory

    2 vote(s)
  4. Unexpected giant market move against me

    25 vote(s)
  5. I got in just after a news announcement

    6 vote(s)
  6. Nothing really sticks out

    5 vote(s)
  7. Went with my gut instinct

    11 vote(s)
  8. A problem caused by my broker or someone else

    7 vote(s)
  9. Autotrading gaffe

    2 vote(s)
  10. Something else

    19 vote(s)
  1. POLL: What caused your WORST trade ever?
  2. hughb


    In March/April of 2006 I had been scaling into BKHM and making a little bit of money. On 4/17/2006, the company made an annoucement that things for the future didn't look so good, and the stock gapped down from 8.74 to 6.99. My stop was at 8.50, but there were no trades in between, it was a gap move. I trade on margin, it was a huge hit.
  3. to Rcanfiel...can I ask an honest question...are you the resident "ET poll taker"...not being smart or anything...just wondering...do you have an extreme interest in polls, Nielson ratings, political polls...just curious...you must have opened up about 20 polls...again, whatever...just curious as to your passion for this...again...friendly talk and nothing personal...
  4. bellman


    ewwwwww, dem's fightin' words. you gonna take that rcanfiel?!??

  5. 10/26/2007.... with CFC.... that was an interesting day.

    Paperwise it was very UGLY. Position was still profitable but profit wise it evaporated. Yet still held on.

    Never heard such good spin on bullshit to cover things up on a conference call.
  6. It is interesting to know what people REALLY think and do in their trading, as opposed to opinions and speculation.
  7. Not respecting risk with naked options and they almost gave me a free burial.
  8. thanks...great answer...I agree!!!
  9. thanks...great answer...I totally agree!!!
  10. PurchasePro (PPRO) back in 2001. Accounting fraud.

    Still waiting for the class action lawsuit to make some progress.
    #10     Nov 12, 2007