56 min listen
036: Peter Brandt – Trading Since 1975, Lessons From 40+ Years of Extraordinary Returns
036: Peter Brandt – Trading Since 1975, Lessons From 40+ Years of Extraordinary Returns
ratings:
Length:
74 minutes
Released:
Sep 3, 2015
Format:
Podcast episode
Description
I can promise you right now, this one will not disappoint… My guest today is the legendary trader, Peter Brandt. Peter first started trading around 1975 (which I’m sure is before many of you listening were even born – that’s certainly the case for me). So that’s 5 decades involved with markets, i.e. ’70’s, ’80’s, ’90’s… – a very long time! To give you an idea of Peter’s performance during this time, he has achieved a compounding annual growth rate of approximately 42%, with his best year returning well over 600%. Of course we want to know about his worst years also, well there has only been three of them, which were all drawdowns of less than 8%. During this interview we discuss Peter’s early years working at the Chicago Board of Trade, and classical charting patterns (which form the roots of his trading methodology). We also get into Peter’s views on high frequency trading operations, why he has the default assumption that every trade will be a losing bet and some of the common misconceptions about super-traders. Learn more about the latest CWT eBook here: chatwithtraders.com/read
Released:
Sep 3, 2015
Format:
Podcast episode
Titles in the series (100)
010: Tim Grittani – Links 5 key factors to the majority of his success as a 7-figure trader, and discusses the transition from OTC to NASDAQ stocks: Tune in to the journey of an incredibly talented intraday trader, who has transformed a $3,000 account into almost $3,000,000 - within the space of just a few years. by Chat With Traders