I was looking for a floating rate fund to buy. The 1st ones I looked at were $1, so if I bought 5000, it would cost $5000. I finally found one I wanted to buy and put in an order for 5000. I wasn't paying attention and bought over $100k of the fund because the shares were over $26, not $1.
I saw immediately what I had done, and put in an order to sell. Fortunately, I either broke even or made a few cents. Now I just have to convince the SEC I'm not a day trader.
I saw immediately what I had done, and put in an order to sell. Fortunately, I either broke even or made a few cents. Now I just have to convince the SEC I'm not a day trader.