| Hi All,
Here is a short update on the Brexit Vote trading strategy following the upcoming decision on Tuesday.
To recap nearly everyone believes the vote will fail the question is by how much.
The best trading opportunity for me will be a win for the Prime Minister or a loss by a large number of seats. Either of these events will cause a huge movement in price and a good follow through.
Most people lose money on these types of events, the reason being becuase they jump in too soon. There is no rush as the real profit will be in the hours and days after the vote.
Bear in mind that the moves during the days after the vote will be larger than the actual vote itself, if she loses. This is because there will be rumours and counter rumours coming into the market which will send price higher or lower and very very quickly.
See this video for my latest thoughts.
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