Topic: Uh oh - fat fingers. (Read 959 times)
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Bought instead of sold on Bitcoinica. Only lost 1 BTC, when the price dropped, but then lost $3000 when the wallet dropped.
Sold instead of bought (MtGox layout makes this easier than it should be). Of course I didn't realize what I had done so I went ahead and did it again. Double down!
Likely I was able to unwind for only a token 2% or so educational fee.
Likely I was able to unwind for only a token 2% or so educational fee.
I have noone to blame but my own terribly fat fingers
I once thought I was entering a limit sell order, but actually ended up doing a market sell because it was on the default screen. Gox doesnt have safeguards to save the lazy/impulsive/dim
Im not sure how many coins I lost (too ashamed to calculate.. but it was in the hundreds from this trade alone)
I once thought I was entering a limit sell order, but actually ended up doing a market sell because it was on the default screen. Gox doesnt have safeguards to save the lazy/impulsive/dim
Im not sure how many coins I lost (too ashamed to calculate.. but it was in the hundreds from this trade alone)
To this date, nor my wife or daughter know of these incidents.
Good stuff!
!. expeience:
With the dual wiev window open and fighting to unload my stash during a flash crash from $7 to $4.40 (It was back in early 2012), my then 5 years old daughter jumps onto my lap and I accidently click the buy button. Hurrying to place additional sell orders for the just bought Bitcoins, I manage to recover the following seconds, but makes no profit on the crash.
2. experience:
Later last year in the morning , while getting the kids ready for school, I was about to place a buy order at $7.08. My wife comes into the room and starts talking about the times of the appointments she has today, and she hands me $80 to pick up something for her at the post office. I try to explain that I'm kind of busy right now, but to no awail. I place an order to buy at 7.80 and as it starts executing, I discover my mistake.
Cancelling an order during execution, makes 6 BTC dissapear, and my new corrected order at 7.08 is suddently too high for the suddently dropping market. I cancel a second time and the price jumps up to 8 !!!
I lost a total of 16 BTC with my combination of a Gox glitch, panic and bad on the fly trading judgements.
To this date, nor my wife or daughter know of these incidents.
With the dual wiev window open and fighting to unload my stash during a flash crash from $7 to $4.40 (It was back in early 2012), my then 5 years old daughter jumps onto my lap and I accidently click the buy button. Hurrying to place additional sell orders for the just bought Bitcoins, I manage to recover the following seconds, but makes no profit on the crash.
2. experience:
Later last year in the morning , while getting the kids ready for school, I was about to place a buy order at $7.08. My wife comes into the room and starts talking about the times of the appointments she has today, and she hands me $80 to pick up something for her at the post office. I try to explain that I'm kind of busy right now, but to no awail. I place an order to buy at 7.80 and as it starts executing, I discover my mistake.
Cancelling an order during execution, makes 6 BTC dissapear, and my new corrected order at 7.08 is suddently too high for the suddently dropping market. I cancel a second time and the price jumps up to 8 !!!
I lost a total of 16 BTC with my combination of a Gox glitch, panic and bad on the fly trading judgements.
To this date, nor my wife or daughter know of these incidents.
nope. never.
always hit that button that starts with that big B!
always hit that button that starts with that big B!
What's your worst fat finger experience at MtGox.
Did you ever switch the price and the amount, or Buy instead of selling ?
Haha. Anyone with a good story to share?
Did you ever switch the price and the amount, or Buy instead of selling ?
Haha. Anyone with a good story to share?
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