Australian (ASX) Stock Market Forum

Typed in wrong ASX code

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No Megla - Ive done it twice! First one was not good the other actually made a profit! Learn from these lessons!
 
megla said:
:banghead:

Tell me I'm not the only person who bought the wrong stock through a typo!
Click to expand...
Cant say ive done this but have been caught out not putting enough zeros on units purchasing.
 
Heheh, moving to NAB took a bit of getting used to, you don't enter in the decimal point - Lucky I bothered to read the preview/confirmation screen :)
 
megla said:
:banghead:

Tell me I'm not the only person who bought the wrong stock through a typo!
Click to expand...

Hehee.

What did you want to buy and what did you buy?
 
In the old days of the dot com I bought Sausage software instead of Solution 6 sold 2 days later with a $400 profit.
 
Not quite the same thing. But a few days ago instead of selling (SELL) a stock at a profit, I bought (BUY) the stock again, doubling my holdings and in turn raising my average price. Fortunately only a few cents difference. ALWAYS READ THE PREVIEW SCREEN BEFORE EXECUTING A TRADE.
 
G'day Constable

Better not enough zero's than too many zero's.

(Made a bigger profit but could have been the other way round)

Did it at the closing auction when I was rushed - learn't from that mistake!)

Cheers

Dutchie
 
I did a similar thing - I didnt check the entity purchasing (I trade in 3 - personal, company and SMSF) and the wrong entity purchased it.
 
I bought my brother UXA (uranium exploration Austrlia) because he thought it was Uranex (who's code is UNX).... "Yeah buy UXA" he said... still to this day he blames me... A**hole
 
Prospector said:
I did a similar thing - I didnt check the entity purchasing (I trade in 3 - personal, company and SMSF) and the wrong entity purchased it.
Click to expand...

You could fix that by performing an off-market sale/purchase into the correct entity. You could choose the most convenient market price over several days of trading, so as to minimize CGT, and also you avoid brokerage.
regards. YN.
 
ROTFLMAO :jump:

I'm not being unsympathetic here guys and gals, but this IS the funniest thing I've ever read on ASF, and it beats the pants off anything in the "official" ASF joke thread really...

I've yet to make typo errors when it comes to transacting shares, but I'll definitely let you know if and when I ever do.

Cheers people, happy trading
 
Like Prospector, I bought myself some Redstone the other day instead of for my SMSF.. Ah well no harm done (I hope) :eek:
 
Well I normally double, triple check all transactions even if im transfering money between my own a/c's, but then again being too cautious might not be good.
 
I must say I have gotten the price and volume the wrong way around, as well as getting buys and sells mixed up on several occasions.... :p: Serves me right for trying to do my day job at the same time as trading!



Cheers,

The Y-man
 
gremlin51 said:
In the old days of the dot com I bought Sausage software instead of Solution 6 sold 2 days later with a $400 profit.
Click to expand...


That would have been the mother of all trades if you got in early enough..........and out not holding the monkey .:D
 
I certainly feel for the original poster. I've actually oversold some shares once. It wasn't a small amount either. It was a couple of years ago and was travelling so was only using net cafes. I placed an order one day and then managed to place another trade for the same share the next day...
I received a very terse "please explain" email from NAB's online trading. A few phone calls and much apologizing later. They managed to make another purchase for me and then sell that same parcel on. I double check now..


cheers,
 
eMark said:
Not quite the same thing. But a few days ago instead of selling (SELL) a stock at a profit, I bought (BUY) the stock again, doubling my holdings and in turn raising my average price. Fortunately only a few cents difference. ALWAYS READ THE PREVIEW SCREEN BEFORE EXECUTING A TRADE.
Click to expand...

Did precisely the same thing. Not a good habit to get into at all :banghead:
 

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