Ask questions and avoid sure bets, energy traders told

E.on Global Commodities CRO calls for disciplined approach to trading decisions

David Port - EGC
David Port, E.on Global Commodities

Not enough traders ask the right questions when they put on a trade, David Port, chief risk officer of E.on Global Commodities, told delegates at Energy Risk Summit Europe today (June 24).

In a keynote address at the conference in London, Port suggested many energy traders were too gung ho and employed wishful thinking when making decisions. He said that before executing a deal, traders ought to form a “thesis” describing why the trade was expected to make money and carefully analyse what could

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