How do you manage your trading account when on
vacation?
I have an upcoming cruise for my wife and I's 14th wedding
anniversary. I'm thinking to just go all cash in my trading account
and enjoy the week off no worries. Markets will always be here when
I come back.
Curious on what you guys do in managing your accounts in similar
situations? Or during times when you want to completely shut off
and focus on your life otherwise.
Every time I have tried trading on vacation I have lost money.
Now only place longer term option trades but cut down on futures
except on SPY/ES signals. Trading during a holiday causes family
hassles!
Anything volatile I usually exit .... anything new, I might exit
if I don't have at least 5-6% buffer on it ... any trending
thing I have with decent profit, I go with a trailing stop or
if it's a hard stop, I'll usually tighten them up .... in
this market, I dump more open positions and keep only the best play
in my account
How do you manage your
Posted by fundamentalvalues on 8th of Jul 2022 at 02:19 pm
How do you manage your trading account when on vacation?
I have an upcoming cruise for my wife and I's 14th wedding anniversary. I'm thinking to just go all cash in my trading account and enjoy the week off no worries. Markets will always be here when I come back.
Curious on what you guys do in managing your accounts in similar situations? Or during times when you want to completely shut off and focus on your life otherwise.
Every time I have tried
Posted by mundy on 9th of Jul 2022 at 10:17 pm
Every time I have tried trading on vacation I have lost money. Now only place longer term option trades but cut down on futures except on SPY/ES signals. Trading during a holiday causes family hassles!
The answer is obvious. And
Posted by brophy on 9th of Jul 2022 at 07:12 am
The answer is obvious. And you answered it yourself.
That or Get a Divorce
Posted by steve on 8th of Jul 2022 at 02:47 pm
That or Get a Divorce
Anything volatile I usually exit
Posted by mla127 on 8th of Jul 2022 at 02:33 pm
Anything volatile I usually exit .... anything new, I might exit if I don't have at least 5-6% buffer on it ... any trending thing I have with decent profit, I go with a trailing stop or if it's a hard stop, I'll usually tighten them up .... in this market, I dump more open positions and keep only the best play in my account
Cash is king for me
Posted by srusso1 on 8th of Jul 2022 at 02:21 pm
Cash is king for me in this bear market
Agree...cash
Posted by kobie on 8th of Jul 2022 at 02:21 pm
Agree...cash