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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99

towerdog

To: LoveAG who wrote (64024)	6/29/2022 3:12:13 PM
From: Lee Lichterman III	2 Recommendations Read Replies (2) of 97526

Oh, believe me, I know!!! When I first started trading, I was nailing a company, playing the swings over multiday cycles and was getting fills within a penny for months on end. Friends talked me into playing options since I was small time so it had taken me years to double my account. My very first option trade went against me. I blew up my account and had to start over a few months later. That was one of the two trades I will never forget. The other was trading day of expiration OEX calls. I was trading size right at the close. I was up big but the position was bigger than my account. I put in a close order and it traded through my limit order and ticked above it but I didn't get a trade notification. Market closed and still no confirmation. I call the broker and they don't show the trade went through and I'm on the hook for a TON of cash settlement. They call the pit trader and let me talk to him along with the broker. Luckily he was honest. He found my order and showed I was due a fill and closed me out. I aged 50 years that day.

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