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Pastimes : KZAP's Stock Talk Thread -- Ignore unavailable to you. Want to Upgrade?

To: TraderGreg who wrote (107)1/10/1999 2:55:00 PM
From: KZAP  Read Replies (1) | Respond to of 410
 
You know TG, I didn't fully understand it myself.
But, I used it just as a reference as to what could
happen when you don't keep track of what you are doing.

I have send a EM for more info. It is clear that he
didn't understand what he was doing. Or forgot to
cancel the orders. I'm sure we all have kicked ourselves
for forgetting a GTC order.

I shorted stocks with NDB when they told me I couldn't
do it. But somehow it happened. There are 'cracks' that
you can fall into. I call my broker more often then I
should 'just in case', better safe then sorry. <g>

KZAP



To: TraderGreg who wrote (107)1/10/1999 6:22:00 PM
From: Junkyardawg  Read Replies (1) | Respond to of 410
 
Trader
I did not own any shares long.
I was daytrading this stock and put several
sell orders in to get out at the best price.
I put cancel orders in but I did not confirm my
canceled orders.
My broker told me that I did not short the stock but
"oversold". Thus I was out several thousand dollars.
One more thing.
I was way over my head. I did not know this could happen.
I did not even have a "margin" account.

dawg


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