MURICO.com Forum

Re: DH, this was one of those days

I never look forward to with too many irons in the fire and they always seem to happen on Fridays. Mistakes usually err against me but the trading gods may have thrown a little luck my way, I won't know until the first hour Monday morning. I just got done going through my prelim for the day and my heart fell out on the floor when I came across an extra 4 lot buy on Dec hogs with my acct no that wasn't supposed to be there. I didn't recall placing an extra order today and I didn't have a ticket for it. I don't know why but the initial emotion that hits first with an error always seems to be a heart stopper, with the thought of how much is this mistake gonna cost me. Once the first 5 second shock passes, offsets are taken and then I calculate the damage. The market had already closed and being Dec hogs that ended with a very positive tilt to the picture my mind cranking 4000 rpm was already giving my mistake a lucky a high five. It would have been much easier if the market was still trading so I could laugh all the way to the bank with the offets. Now I have the whole weekend to over think this with greed screaming $2 higher.

Yesterday afternoon I set exit buy stops for several hedgers @ 89.75 in case a reversal snuck up on us. I've had mine setting just above 91.00 for several days so that was in my memory bank. Last night, before I went to bed I decided to bring mine down to 89.80. I normally don't lower stops over night and many times I will take them out because of the nighttime robberies. So I didn't register it in my memory bank of which my memory bank leaves a lot to be desired. Now I have the whole weekend to decide if I follow protocol or allow greed to bend the protocol??? I wish all my problems fell in this category.

Messages In This Thread

The CME component on the kill for - - -
Re: DH, my patience is wearing thin
Re: I'm ok with my forced deposit
Thanks for sharing, ITZ. From the - - -
Re: DH, this was one of those days
Re: DH, this was one of those days
Well, Dewey, I am seeing things the - - -
After the market closed, ITZ, the - - -