trading from a boeing 747

Quote from FredBloggs:

exeactly. id rather be chatting up the trolly dolly while she pours me another glass than trading like a monkey.

its called overtrading.

its for people who are not traders but gambling addicts - and just cant help themselves.

id get help.

traders trade so they can have a good life style when away from the screen. who wants to be trading 24x7?
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if you talk about trading as in having your eyes glued to the screen, i fully agree - go seek professional advice.

however, there are situations where you'd want to be able to trade or monitor the markets:
[1] market timing
you've been waiting for wave 5 of 5 of C to end in a multi-month correction (elliott-wave terminology) and it's time for a major turn in the markets. i would not want to miss that moment, even if i was on a 747.
[2] ATS parameter adjustment
you may want to oversee/supervise an automated system due to changes in risk-policy or market conditions (see pt 1) for instance.
 
you would want to do this if you are responsibly managing a position, but have to catch a flight. or perhaps awaiting a signal in your strategy that is about to happen.

but in this particular case, i just wanted to try it, and test the waters should the need arise in the future.

i do a lot of travelling, and the signals i watch happen approximately 2-3 times a month.



Quote from nononsense:

trading from a boeing 747 ?

Why would you want to do this unless you happen to live in a boeing 747 registered in a tax paradise?
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i agree with what u said that traders should trade so they can have a good lifestyle. it's allowed me to spend some time in spain, france, and italy the past couple of years.

my strategy is implemented for the whole year. it's not 24/ 7 trading, but set-ups occur a couple of times a month. and i'd like to be there when they happen. of course, i can't control when they happen. sure, i could just walk away and not take the signals. but i see that as an opportunity cost. would you leave 50-100K lying on the table? perhaps not.

and yes, i was chatting up a rather cute stewardess :)





Quote from FredBloggs:

exeactly. id rather be chatting up the trolly dolly while she pours me another glass than trading like a monkey.

its called overtrading.

its for people who are not traders but gambling addicts - and just cant help themselves.

id get help.

traders trade so they can have a good life style when away from the screen. who wants to be trading 24x7?
More...
 
Quote from mgarc:

very cool.

this is a new service from japan air lines. not sure if other airlines offer this as well.
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Lufthansa also offers broadband service...
 
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