Any airline pilots trading on the side

Quote from Sundog:

Dear CY,

Yes you are right , the 747 is really a powerful machine. We have some flights, which are almost empty (190 tons). If you do not derate the Take Off(assumed Temp.), you´ll bust you initial level easily.
I still enjoy it, but I am a lot away from home. Our trips are in average 7 days. No chicks on freighters. It´s a pitty, but I can´t have it all.
Before, I was flying charter with 7 attendants in the cabin(A321).

By the way, have you learned trading without any mentor and did you start right away with scalping ? And i guess you just read the tape. Sorry, for asking. Because, you are one of a few successful scalpers, that I could ask and maybe it is possible to get some hints, e.g. forget all indicators or use YM as an indicator to trade ES, whatever.
I am thankful for any hint to learn this craft, but I still prefer to trade on longer time frames.


Sundog
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Hi Sun,
Yes I learned trading alone and have always been scalping mixed with swing trading.
All instruments at some point lead the other and hence there is no fixed rule. Although I usually monitor a 3 Min. ER2 which leads ES. I specifically trade ES though.
I've learned everything the hard way and have read less then 2 dozen books but there are a ton of good readz out there that would be the best you could do on your lay overs. Also a laptop and system development and back testing ideas will be your best choice right now.

Never, flew cargo but I hear you, not having the cabin crew on board can be very boring.

Cy
 
I trade options mostly and a few daytrades in stocks. I'm on reserve for a major and have a good bit of time off but I keep hard stops in place anyway. I'm trying to get out of the flying for a living and into trading. The changes in the industry have taken all the fun out of the job, not to mention the retirement hits. A couple of years like I'm going should work out. I've got most everything paid off so my expenses will be low. A lot of guys on this forum will beat you down and tell you how you don't have the stuff to make it but money management and risk control are key for me anyway. just wish I had started sooner. My dad traded futures before computers and I saw all the work it took so I shied away. Now it's a lot cleaner and the info is only a keystroke away when you need it.
 
Greetings one and sundry
I am cargo flying out of Tokyo as PIC on a B767-300ER.
Mainly PRC, HKG, ANC and ORD. Really low workload. Fits in well with trading. I am also considering trading full time and chucking the flying in for good.
Started out trading as a local on the SFE in Sydney.
Moved to longer time frames. Now I do mostly index options and occasional futures trades when I spot good one.
Regards
Stuart
 
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