Trading The General Election

We have not one but TWO major elections to trade this year…

Rishi Sunak in his great wisdom has announced a UK general election on 4th July.

He knows he’s toast, so maybe he’s putting himself out of his misery quickly…

Now, I’ll admit, with Labour set to take a huge victory this time the UK election may not offer as much tradable opportunity as the US later this year, but you never know and it’s a great dry run nevertheless.

I do love a good election… as a trader, there’s nothing better than planning out your trade ideas and watching the results as they start to come through.

(Well, making bank on one of those trade ideas is sweeter! but still, the process is fun..)

Alright, so what’s the best way to trade these?

Well, it’s early days, the election was just announced.

It’s going to require some planning, but the obvious big movers are going to be GBP pairs and the FTSE 100/250.

I just recorded a podcast where I shared my thoughts on some of the best ways to find trade opportunities over an election… listen here.

• Opinion polls
• Betting markets
• Specific sectors
• Trading the results
• Preparing for the outlier

And other stuff to think about whilst you prepare your plan.

I’m going to add some colour to these ideas over the coming weeks, as I explore myself and share some thoughts and strategies.

And as mentioned, maybe the UK won’t offer that many great trades, but the US election will… so this is an awesome dry run if nothing else.

Stay tuned, things are going to get spicy this year!