Ask questions and avoid sure bets, energy traders told
E.on Global Commodities CRO calls for disciplined approach to trading decisions
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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