trading from a boeing 747

Discussion in 'Trading' started by mgarc, Dec 15, 2005.

  1. nicolain

    nicolain

    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.
     
    #11     Dec 16, 2005
  2. mgarc

    mgarc

    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.



     
    #12     Dec 16, 2005
  3. mgarc

    mgarc

    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 :)





     
    #13     Dec 16, 2005
  4. nitro

    nitro

    LOL!

    nitro :D
     
    #14     Dec 16, 2005
  5. Lufthansa also offers broadband service...
     
    #15     Dec 16, 2005