overtraded

Updated: May 19, 2025

I had overtraded; I had pyramided my paper profits until my affairs were in such a state that a sudden drop of ten points would wipe me out entirely. But Joseph Crawford was adamant to my entreaties. He said he would see to it that at the opening of the market the next morning X.Y. stock should be hammered down out of sight. Details are unnecessary. You lawyers and financial men understand.

Carolyn Wells - The Gold Bag