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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (65493)	2/6/2003 10:59:07 AM
From: Perspective	Read Replies (2) of 209892

Fark. Just found I entered my AMGN limit wrong there. I was expecting a bounce off 51, so I meant to fade it at 51.45. In my sleepy stupor, I entered 50.45 instead and it went right at 51. So much for my 1% cushion... That's not nearly so bad as one biggie I nearly made, though. Had a trade set up to ditch a hedge equal to 12% of my total assets. Accidentally put it in 50 cents below market instead of above - same error. I pushed send, instantly spotted my error, and luckily had the time to cancel the order before it launched. The real order was well chosen and fired later that day, but I darn near gave up 2% there. At least I haven't done those slip-of-a-zero type errors - selling 10K of something instead of 1K... BC

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