Do you want to play Chess or Checkers?
Last week’s article on the US Presidential election prompted some interesting feedback! The odds on President Obama winning have come in a touch. Now paying 4/9 (was last week sitting at 4/11 on). Over the years, I have seen many traders and investors alike. Fall foul of the notion of trading from the heart. Success in markets is all about the process. There will be one set of circumstances. That faced by the market should President Obama be re-elected. And another if he is not. It is this, which is the focus and what your trading processes need to tackle.