What is the craziest mistake you've ever made trading?

Discussion in 'Chit Chat' started by aphexcoil, Oct 4, 2017.

  1. Butterball

    Butterball

    I bought 65 x 10y € swap contracts on the European ICE early mornings, must have been 2011/2012. Being tired and half-awke, I just saw the market was open and entered my order. What I didn't see was the bid/ask was 200 bps wide in pre-market. So I overpaid 100 bps on 65 contracts = down €65k. I remember talking a walk with the dog just to get some much-needed air in after that :)

    Luckily I was able to convince the broker to bust the trade an hour later. Whoever was on the other end was probably pissed.
     
    #11     Oct 11, 2017
  2. ElCubano

    ElCubano

    EMLX when fake report was faxed to CNBC..year 2000. I bought it right before it stopped trading near the bottom. One of mi biggest days ever. Guy next to me made $400k on that trade.
     
    #12     Oct 11, 2017
  3. fhl

    fhl

    Broadway Trading?
     
    #13     Oct 11, 2017
  4. ElCubano

    ElCubano

    Yes, you traded there?
     
    #14     Oct 11, 2017
  5. fhl

    fhl

    I don't recall any spanish dude sitting next to Gil that day.
     
    #15     Oct 11, 2017
  6. ElCubano

    ElCubano

    lol. That office was full of Cubans/latinos and yes I saw Castillo put up those numbers.
     
    #16     Oct 11, 2017
  7. fhl

    fhl


    Do you ever see any of those guys anymore?
     
    #17     Oct 12, 2017
  8. ElCubano

    ElCubano

    We went on to trade in an office in South Beach. Redwood then Orion trading. Last I heard he was buying secondary offerings with Shy and huge DVP account.
     
    #18     Oct 12, 2017
  9. Jeronimo

    Jeronimo

    • Trading with indicators and fancy tools
    • Not fully understanding and implementing risk/reward
    • Not understanding position sizing
    • Not having a trading plan
    • Gambling instead of trading
    • Allowing emotions to cloud judgment/giving into emotions
    • Not having patience
    • Not trading higher time frames
    • Over-trading/being too involved
    • Not taking profits
     
    #19     Oct 13, 2017
  10. Subscribing to trade signals from a "guru". Buying and selling when he said it was the right timing.
     
    #20     Oct 13, 2017