Allstocks.com's Bulletin Board: What NOT to do

This is topic What NOT to do in forum DayTrading, Momentum, News and More at Allstocks.com's Bulletin Board.

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Posted by Elia on :

I put $900 into a stock that's .0001 looking for a quickie gain, not worrying too much if nothing happened, figuring I'd just lose the commission. Today at market open I put in an order to get that money out, and I made one critical mistake.

I made it a market order.

The order went through just fine. At .00001. That's right, 4 zeros. [Eek!]

Please learn from my mistake

Posted by Runryder on :

i had the same thing happen with THTHF...thieves i tell ya.

Posted by explorer186 on :

Same thing happened to me once. I tried to get a reversal from my broker, but they wouldn't budge. Another situation where some people aren't doing their jobs and the market is robbed.