Quote:
Originally Posted by f3lix
This is so sick. I had a sell order of 500 shares set at 34 for HCP. It hit last week and then I was informed that I have to fill out paperwork and that it wouldn't sell until I signed several papers. This change occurred when I turned 24 and I was never notified that the policy was now different. Needless to say, it hasn't hit 34 since. The whole reason I'm bothered by this, is that I'm playing a game with HCP where I sell at 34 and buy at 27.5, rinse and repeat. It's a fun game as it hits the high and low an average of once per year.
The 34 used to be 35, but I felt a little nervous that the DOW wouldn't push through the 11k barrier and lowered to 34 and told my dad in conversation that I'm nervous about the market and the country realizing Obama has fucked us all. I also set up sell orders so minimize losses in case the market crashed suddenly (like it did today.) The only problem??? I didn't set up buy-back prices in case this actually did occur and now I'm left with only the losses on the temporary collapse from today. I'm so pissed about this. God damnit.
|
Well not to play hindsight, but you did post in here, seemingly with the knowledge of what was happening, indeed even thinking about what your positions were, why didn't you just manually make a new order and cut a lot of the loss?