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RE: [RT] S&P Disaster trade



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<DIV><SPAN class=609502815-12102000><FONT face=Arial color=#0000ff size=2>I have 
a disaster trade problem going right now.&nbsp; Two in a row on e*Trade.&nbsp; I 
used to use the Power Etrade page with no preview of the order.&nbsp; Not 
anymore I get the preview with the order details on it including the time and 
bid/ask price.&nbsp; I back my browser up and then save the page if there is a 
problem.&nbsp; Got one this morning execution 3 points off the price which is 
about 10 minutes time wise.&nbsp;&nbsp; Nine years as a stockbroker I never had 
a problem with an out.&nbsp; If you are out your are out.</FONT></SPAN></DIV>
<DIV><SPAN class=609502815-12102000><FONT face=Arial color=#0000ff 
size=2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=609502815-12102000><FONT face=Arial color=#0000ff 
size=2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=609502815-12102000><FONT face=Arial color=#0000ff 
size=2>Jimmy</FONT></SPAN></DIV>
<DIV><SPAN class=609502815-12102000></SPAN>&nbsp;</DIV>
<BLOCKQUOTE>
  <DIV class=OutlookMessageHeader dir=ltr align=left><FONT face=Tahoma 
  size=2>-----Original Message-----<BR><B>From:</B> Sean Cassidy 
  [mailto:scassidy@xxxxxxxxx]<BR><B>Sent:</B> Thursday, October 12, 2000 10:16 
  AM<BR><B>To:</B> realtraders@xxxxxxxxxxx<BR><B>Subject:</B> [RT] S&amp;P 
  Disaster trade<BR><BR></FONT></DIV>
  <DIV><FONT face=Arial size=2>Had a trade go wrong and wonder if I should do 
  anything. I placed a limit buy&nbsp; for 138050 on the emini s&amp;p when the 
  market was at 138100 (to try to get a good fill) at 850:45 AM. Then cancelled 
  the order at 851:04 AM and got a cancel confirmation. I checked numerous times 
  for fills and it showed none for 10 minutes. Then they showed me as filled 
  when the market was trading 137450, about 10 minutes later. I then immediately 
  marketed out at 137250. I have never lost more than 2.5 pts on a trade, this 
  was minus 8. The 2 issues for me are a) I was given a cancel confirmation and 
  b) they did not report the fill for ten minutes. On top of that I usually 
  reverse off of the pivot line which was 1380, so I would of sold 2 at 1379, 
  meaning i would of lost 1.5 on one trade but been short at 1379 on a market 
  that went down to 1349. My broker said I should of known I was filled. Sould I 
  be upset about this, any ideas?</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT face=Arial>SMC</FONT></DIV><BR><BR><TT>To 
  unsubscribe from this group, send an email 
  to:<BR>realtraders-unsubscribe@xxxxxxxxxxx<BR><BR></TT><BR></BLOCKQUOTE>
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