Trading from a Cruise Ship?

Discussion in 'Trading' started by Lambda1001, Jun 22, 2020.

  1. bone

    bone

    OP taught himself day trading during the COVID crisis and so far so good so no worries this is standard fare.
     
    #71     Jun 24, 2020
    Nobert likes this.
  2. maxinger

    maxinger


    your posting # 1 said
    you were temporary jobless and you taught yourself day trading,

    day trading is something that will take many years/decades to master the skill.
    it might cause thousands upon thousands of dollars, broken relationship, sunken ship ....
    only very few who have strong passion, strong determination, strong perseverance can make it.

    wish you all the best mister.
     
    #72     Jun 24, 2020
  3. Turveyd

    Turveyd

    Some people master it from the get go pretty much, there just naturals, the rest struggle and struggle for possible all of there lives.

    If your given a plan to that works from day #1 and your stupid enough to just follow the plan to the letter without getting creative, then job done!!
     
    #73     Jun 24, 2020
    wrbtrader likes this.
  4. maxinger

    maxinger

    right.
    I am sure there are people who are sort of gifted.
    they can centre their mind very easily all the time.
    and they have good mentor.

    most of us are not in that category.
     
    #74     Jun 24, 2020
    ironchef, Turveyd and wrbtrader like this.
  5. wrbtrader

    wrbtrader

    Nobody knows the background of the OP beyond the Cruise Ship. He may be suited for day trading via mastering the mental aspects whereas most can't succeed with a trading plan because the mental game is flawed.

    Regardless, not the point of his thread.

    The thread is about trading via Satellite with a 5Mbps internet connection. :D

    I talked to my mom last night and asked her about those times when she did Facetime with me when she was on a cruise ship. She typically takes 1 - 3 cruises per year with a few friends.

    Although its not trading but I don't remember any disconnections or delays in the connection via Facetime while she used the internet connection on the Cruise Ship...not her cell phone (bad connection or sometimes no connection).

    wrbtrader
     
    Last edited: Jun 24, 2020
    #75     Jun 24, 2020
  6. Turveyd

    Turveyd

    I took to Swing Trading 20years ago, profitable from the get go okay in the DOT.COM boom days and after in the sell off.

    But Day Trading, still a struggle, Demo Strategy day today, 30% win rate recently, still profitable but only cause improved at holding winners longer.
     
    #76     Jun 24, 2020
    ironchef likes this.
  7. ironchef

    ironchef

    I am glad I am not the only one that failed day trading. So, I swing trade.

    As for OP, it depends on your trading timeframe. If you are doing HFT quick access to the exchange is critical otherwise probably not.

    I had swing traded from cruises, from traveling in Asia, driving around Australia, Canada and driving up/down I-5.
     
    #77     Jun 24, 2020
  8. ironchef

    ironchef

    Why don't you go back to swinging? Easier, more fun and less pressure?

    If you want excitement you can always swing for the fence. :D
     
    #78     Jun 24, 2020
  9. Turveyd

    Turveyd

    I do swing ( not both ways ) for fun, sadly club I go to is shut :(

    If I'd of known 20years later, I'm still getting my ass handed to me via day trading I'd of saved the 25k+ for the PDT amount, but hey I didn't.

    On the plus side, my day trading is going great, not had a down day in ages :) Pretty much all my days start off with a string of losers -$500 then I pull it back to +$200 to +$500 area, working on not losing the $500 then working all day to get back LOL

    Starting to Suspect DAX doesn't suite my style but NQ does towards the close, hmmmm!!
     
    #79     Jun 24, 2020
  10. ZBZB

    ZBZB

    Internet access on cruise ships will be transformed, probably within a year, by www.starlink.com Promises to be faster than fibre as the satellites talk to each other by laser.

    In the meantime look at the options strategy called the Wheel if you only have 30 minutes a day.
     
    Last edited: Jun 25, 2020
    #80     Jun 25, 2020