If you know a trader, buy him a drink
“You know, I’ve lost more money in smaller positions and made more money in smaller positions in the last year than I have in 12 because of the spikes. Volatility has been unbelievable,” Firas Askari, head of foreign exchange trading at BMO Capital Markets, said at the Reuters Investment Outlook Summit.
With that in mind, “If you know a trader, buy him a drink!” he said.
Click here for the sound clip.