. A 'cold shot' refers to a steam-catapult launch from an aircraft carrier when the steam pressure is too low for the launch weight of the aircraft; on reaching the end of the deck, the aircraft is going too slowly for safe flight and may drop dramatically, or even (in extreme cases) ditch. If ditching is avoided, there follows an agonisingly slow climb away with the handle jammed forward and all the gauges pegged in a desperate attempt to gain height and speed.
"Man, he's flying off a cold shot."
"How's the training going ?"
"I feel like I'm flying off a cold shot"