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Old 07-09-2010, 03:37 PM   #1

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Drinking and Trading
Anyone ever try trading with a good buzz going on...?
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Old 07-10-2010, 04:42 AM   #2

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Re: Drinking and Trading
I think that the more you drink, the more careless you become - happy-go-lucky.
So I presume, that your stop loss, will probably disappear, or will be moved to a dangerous point

If you drink, don't drive.
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Old 07-10-2010, 05:08 AM   #3

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Re: Drinking and Trading
I subscribe to the Paul Tudor Jones two drink minimum rule. Well for SIM trading, not deutsche mark currency futures at 4:00 AM. Sorry, I just watched his documentary last night.
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Old 07-10-2010, 07:51 AM   #4

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Re: Drinking and Trading
Quote:
Originally Posted by markl67 »
Anyone ever try trading with a good buzz going on...?
I don't think alcohol would be my inhibitor of choice to try trading with...

But I haven't smoked anything it 25 years and would even know where to get the stuff. I suppose I would ask one of my kids... Not worth it.

Now I enjoy a drink, (preferably with my wife), and I enjoy trading but not at the same time...
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Old 07-10-2010, 11:36 AM   #5

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Re: Drinking and Trading
Funny, I've played this trading chart game, and I'll be damned if I don't knock it out of the park after a couple drinks vs. completely sober...

http://chartgame.com/play.cgi?8ndkhv
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Old 07-10-2010, 02:44 PM   #6

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Re: Drinking and Trading
I would never drink and trade. Never.
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Old 07-11-2010, 01:52 PM   #7

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Re: Drinking and Trading
I've never drunk while I was doing my past office job and I'm not going to be drinking when I'm doing my trading job either. I think it would be a bad idea for a multitude of reasons.
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Old 07-11-2010, 01:54 PM   #8

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Re: Drinking and Trading
Funny but this thread reminded me this.
BBC News - Drunk trader banned for buying 7 million barrels of oil

As for me, yes I drink while I do anything related to trading. Gallons of coffee.
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