Scenario trading is trading in accordance with a dominant idea or story. It can be very dangerous or it can make you a fortune. The scenario acts as an integrating theme and it can dominate your thinking. That theme could be fundamental, technical or personal in nature, and it colors your thought processes. And it definitely affects your trading.
Scenarios are seductive.
We are mesmerized by stories. We live our lives in the shadows and sunlight of our personal stories. Think about it. 5 year subscription to Working Money. Free book selection.