From the Trading Desk Bloopers and Blunders

STOCKTALK

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Strategies & Market Trends
From the Trading Desk Bloopers and Blunders

An SI Board Since June 1998

Posts	SubjectMarks	Bans
20	11	0

Emcee: steve goldman	Type: Unmoderated

Introduction Compact

The Trading Desk Thread has had good success in providing valuable content to traders and other active investors. Subject 15612

As traders, we all know that noone is immune to bad trades or bad investment decisions. I am suggesting this thread as a place where we can share our worst trades, our worst investments, those trades we'd like back.

I feel that this would be 1) exceptionally entertaining and 2)would also provide incredible insight into what to avoid in navigating the markets.

Please present the trade, the error you made, how it resolved itself and what you may have learned from it. Hopefully everyone will feel comfortable sharing their worst as that is where we will learn the most.

**One condition should be that noone should take any cheapshots or make fun of anyone who is sincere enough to present their very worst. Dialogue should be constructive.

Hopefully we can all take away a few valuable lessons.
Steve Goldman
steve@yamner.com

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
20	I chickened out this a.m. and unloaded some Ascend at 40.34. Had to buy it bac	KM	-	9/10/1998
19	Nope, not us. We dont personally think daytrading, in and out for 1/4s, etc.,	steve goldman	-	7/24/1998
18	Junior - Yes, at least one could laugh heartily abt their bloopers & blund	tide	-	7/24/1998
17	I think someone has an opportunity here. If they're listening. Maybe the fo	trouthead	-	7/23/1998
16	Junior - No not really daytrading games, at least the ones I have played. I'	tide	-	7/22/1998
15	Tide, Are you refering to day trading games on the net? I would love to know w	trouthead	-	7/22/1998
14	A lesson for online traders. In January I bought some ISLI around 19 or so. It	Dale Baker	-	6/21/1998
13	Geez, I thought I owned most of the Centennial Stock when it tanked! Nice to me	paideia	-	6/20/1998
12	I also believe in keeping separate accounts, for separation of intent as well a	Ira Player	-	6/17/1998
11	That was an incredible few weeks though, remember.... I think it was the bigges	steve goldman	-	6/16/1998
10	Steve, I to was involved with the Centenial fiasco. Moneyline had it on the n	Oral Roberts	-	6/16/1998
9	Less blunder and more blooper, about 2 months? ago I was watching the news tape	steve goldman	-	6/16/1998
8	You're right again. I look at any trade moving contra to be a lane change i	Jay Fisk	-	6/16/1998
7	To ALL: Great thread Steve (it's been bookmarked.)... I being a kid trade	Daniel Miller	-	6/16/1998
6	Did anyone other than myself find today to be a bit tough.....other than GMGC?	Mary A Young	-	6/16/1998
5	One of the worst errors a trader can make is not heeding the market, not listen	steve goldman	-	6/16/1998
4	> - Don't try to guess the bottom when there is no apparent support near	George McMeen	-	6/16/1998
3	Well, I can start the ball rolling. A few weeks back, when MANU (Manugistics	Bruce Mapes	-	6/16/1998
2	Steve - Good idea from a great trader mind! I lurk on your trading desk quite	tide	-	6/16/1998
1	Welcome to the new thread. Feel free to start posting. I will try to put some	steve goldman	-	6/16/1998

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