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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Glenn who wrote (2331)12/3/1998 9:02:00 PM
From: BarbaraT  Read Replies (1) | Respond to of 90042
 
BC -

been there, done that - with NDB. I know it's quite a shock when you think you made a good trade only to find out you still own the shares, and twice the amount. I didn't even know I had bought instead of sold until I got the confirmation in the mail several days later.

Did the same thing in reverse. Wanted to buy more of the same stock to average down and found out I sold the entire position (was sitting pretty patting myself on the back for now owning 1500 shares of stock that had tripled) only to find out I sold the entire position at half my cost for a substantial loss. I now read the trade carefully before I push that "submit" button.

Think a lot of us have had this very expensive lesson.