I hate this argument that says little Britain or something outside, or Britain is part of a wider Europe. We can both be within our trading relationships within Europe but we can also be a fantastic global trader. ↗
But my point is that you design something in the end that precludes any unhealthy trading practices that are not going to serve your environmental or your economic objectives but now is not the time to do it. ↗
You have to be okay with wins and losses. You can't just be looking for the wins and, when the losses happen, you can't buy more and more because you're sure it's going to bounce. We call that revenge trading. ↗
The marginal people on the trading desks, there's no skill set. If they don't trade derivatives, I don't know what they can do. The next stop is driving a cab. ↗