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Strategies & Market Trends : Position Trading Forum

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To: Don Pueblo who wrote (4206)10/25/1998 8:59:00 PM
From: Jay Ray  Read Replies (1) of 7247
 
> Everybody has done it at least once. It's tuition.

Thats a great way to look at it.

I got nailed by Datek on a trade a while back. Hit the sell button and got no response from the server so I hit it again. Their server was slow so it took a couple of minutes before I learned I sold 1,000 shares and shorted another 1,000. Lost 1/4 point on that screwup.

Guess the old adage that those who do not learn from their mistakes are doomed to repeat them. I've done a lot of learning lately and some of the lessons were costly. But the great thing about this thread is that I've learned a few things without having to pay the tuition!

Jay Ray
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