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Podcast: Chat With Traders
Episode: Jack Litle – Global Macro Trading, the Nature of Probability, and When to Place ‘Big Bets’
Description: My guest on the podcast this week is Jack Litle of MercenaryTrader.com.Jack is a global macro trader who originally started out as an international commodity broker – today, he now has more than 17 years of market experience and is a very competitive trader. He’s also a keen poker player, and believes there are many crossovers between poker and trading (which of course, makes for some interesting conversation during this episode).Also during this episode, we speak about how Jack thinks of trading in terms of probabilistic outcomes, instead of attempting to ‘predict’ the future –...