You are not gonna believe this, my boss, the head toll collector, actually he runs The EZ PASS, calls me in this morning. He apparently is a member of this site. He informs me I have to kick back 20% of my Day Trading profits now! Should I pay him or quit my job? I really like collecting tolls, it's easy money.
Quote from ES ohh so you would condone leaving an autotrade system un-monitored? amazing. Yes it is amazing. Thats what's great about it. One needs many safeguards but it can and is done
If this is for real, write him a mock P/L sheet/or create on with a software and show him miserable returns. Then tell him you'll pay him 20% of that. Like Princessa said being impulsive is not only constrained to women. I have been working in the middle office execution for some years now and I saw men blowing up huge accounts in a couple of days or weeks. The reason for this is either being rookie or getting greedy. Yes I am woman too and I trade smaller positions and stick to my rules for risk management. Haven't blown up any accounts yet.
I do this all the time; and i know of others who do the same. You just have to have good solid software. Generally i like to "check in" every 3 to 4 hours at the most, but I've left it from open to close a few times.