If a girl, or group of girls, comment on how they've been "professional fishing", it means they've been masturbating.
"What've you been up to lately, GG?" I ask my friend in amusement.
"Professional fishing." She replies with no hesitation.
The cowboy hat rule is simple, really; You steal the hat, you ride the cowboy!
"Well, pretty lady. Since you done made off with my hat, I don't suppose you're against following the cowboy hat rule." He said mischievously.