How do you manage open trades while golfing?

How do you manage open trades while golfing?

In the video, Rihari manages open trades from the golf course by relying on price alerts rather than watching charts. He checks his phone only when gold's alert fires, references the structure he noted before leaving the desk, and lets the position run untouched between holes.

The clip is a day in the life vlog of two New Zealand traders playing a round at Akarana Golf Club, not a tutorial. What comes through is a small set of habits Rihari mentions in passing while playing, rather than a formal trade-management system.

Across the round he touches on the same handful of checkpoints more than once. Taken together they describe a simple sequence:

1. Set an alert on the instrument, gold in this video, before leaving the desk, so the position does not need to be watched directly.
2. Note the structural level or recent high the market is testing, which he references when he talks about price 'continuing up at the all-time highs.'
3. Leave the chart alone between holes and check the phone only when an alert fires, as he does mid-round when he says the alert for gold 'just missed.'
4. Confirm the timeframe before reacting, in this case whether the 4-hour candle had closed and worked back off its open.
5. Cross-check the feed, since he notes the CFD price and the futures price were not showing the same picture at the same moment.
6. Accept a missed move rather than chase it, which is what he says when a friend asks if he is in a trade that ran without him.
7. Wait for the next major session, saying he was watching for what 'London and New York' would bring given a quiet, consolidating week.

None of these are presented in the video as a formal system, and this article does not present them as one either. They are Rihari's own account of how he behaved during this particular round, on this particular instrument, in this particular week.

What does Rihari say about using price alerts instead of watching charts?

Rihari says he was not watching gold directly on the course; instead he had an alert set on the chart and only checked the instrument when that alert triggered or was narrowly missed, which he mentions twice during the round.

He raises the point twice. Early in the round he says there was 'no alert for gold yet,' meaning the price had not reached the level he was watching. Later he tells the group gold 'just missed the alert' before continuing to push higher. Both comments describe the same habit: setting a price level in advance and letting the alert, not continuous chart watching, decide when to look at the market again.

Why does the video check the 4-hour candle before acting?

The video shows Rihari and a friend discussing the 4-hour candle close on gold mid-round, checking whether it had come down to work off the open of the candle, a reference point they use before deciding whether the pullback was worth acting on.

The exchange is brief. One of the group asks what the 4-hour candle is doing, and Rihari replies that it needs to 'come down, create the bottom, work off the open.' He is describing a specific reference point, whether that candle closes back toward its opening level, rather than reacting to every price tick on a smaller timeframe. The video does not explain why he prefers the 4-hour candle over any other timeframe, and this article does not speculate beyond what is said.

Does it matter whether the position is a CFD or a futures contract?

In the video, Rihari notes a timing difference between the CFD feed and the futures chart for the same gold move, saying the CFD instrument was still three hours from closing the high while the futures candle had already turned down.

The exact exchange has the futures chart coming down while, on CFD, it is 'still 3 hours, it's still making that high.' Someone in the group then asks if he uses Pepperstone, and the conversation moves on without further explanation. The video does not describe why the two feeds diverged, whether by session hours, contract structure, or data provider timing, and this article does not fill that gap with a claim the source does not make.

| Element the video shows | What is described | Why it comes up | |---|---|---| | Monitoring method | Phone price alerts, not continuous chart watching | Lets him play golf without staying on the screen | | Trigger point | An alert firing, or narrowly missing, on gold | Signals when he actually looks at the market | | Timeframe referenced | The 4-hour candle close | Used to judge whether the pullback matters | | Feed checked | CFD gold price versus the futures chart | The two were not showing the same high at the same time | | Response to a missed move | No chase; waits for a retracement | Matches what he says he did the previous week too | | Market condition that day | Quiet, consolidating week, little scheduled data | Given as his reason for a lower-activity session |

What happens in the video when a trade setup gets missed?

When asked if he was in a trade that had run without him, Rihari says no, explaining he had been in on a similar move the previous week but was sitting this one out, waiting for the market to retrace before entering again.

He is direct about it: he was not in the move, he says, even though he had taken a similar setup the previous week. His stated plan is to wait for the market to retrace before looking to enter again, rather than joining a move that has already extended. The video frames this as one trader's personal reaction to one specific missed setup, not as a rule for handling every missed trade.

How does a quiet, consolidating market change the plan for a golf day?

Rihari describes the week in the video as quiet, with the market consolidating at the start of the week and little economic data due, so he says he was waiting to see what the London and New York sessions would bring before committing further.

That reading, in his account, is part of why he felt comfortable being away from the desk for the round in the first place. He does not say he would take the same approach in a faster or more volatile week, and the video does not show one. Any extension of this comment to other market conditions would go beyond what the source says.

Is the '28%' comment in the video a performance claim?

Near the end of the video, Rihari makes a single personal remark about a result from one night of trading. This article treats it strictly as his own account of one outcome, not as a business, licensing, or typical-results claim, and it should not be read as investment advice or a promise of returns.

The remark comes at the very end of the video, partly obscured by music, and is not backed by a statement, broker record, or any other documentation shown on screen. It describes one night, on one account, according to Rihari. It says nothing about win rate, account size, drawdown, or whether the result repeated on any other night, and none of that should be inferred from it.

What do independent sources say about the risk behind casual CFD trading?

Independent regulatory and market data offer useful context the video itself does not provide. ASIC's Report 828 found most Australian retail CFD investors lost money in FY2024, and the BIS Triennial Survey shows the enormous scale of daily FX turnover those trades sit inside.

According to ASIC Report 828: Risky business, 68% of Australian retail CFD investors lost money in the 2024 financial year, a figure that applies to the asset class generally and is not a claim about Rihari, this video, or any specific account. Separately, the BIS 2025 Triennial Survey recorded average daily OTC foreign-exchange turnover of US$9.6 trillion in April 2025, which is the scale of the broader market that a single gold position, alert, or golf-day check sits inside. Neither figure describes the outcome for any individual trader shown in this video, and neither should be read as a prediction of what alert-based trade management does or does not achieve.