The Podcast With Peter Brandt, the Trader Who Made Average Annual Return of 41%+ With Only 8.4% Drawdown
“I am wrong 60% of the time. This means that my default emotional expectation on a trade should be that this [next] trade will be a loser.” ~ @PeterLBrandt Peter Brandt…
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The Humble Beginnings of a Superstar Career
Peter Brant started his career in the commodity trading business in 1976. Then he worked with a division of a Continental Grain Company called ContiComodity Services. From the start, all Peter Brandt ever wanted was to trade proprietary funds but he realised he had to be smart about it. He instead opted to learn the industry first, through the experts.
For three years Peter Brandt successfully handled large accounts for various companies for ContiComodity Services. This included companies such as Oro Wheat, Godiva Chocolate, Swanson foods, and Homestake Mining among other companies doing well at the time.
Like many successful traders, Peter Brandt decided to go it alone and pursue his life –long dream-trading in proprietary funds. His dreams came true in 1980, he founded Factor Trading Co., Inc. The firm was primarily engaged in trading proprietary capital with Peter as Chief Executive Officer.
The company also generated in market research and managed trading activities of several large institutional clients. One of these clients was at the time, the world’s largest trading houses; Commodities Corporation (“CC”) of Princeton, New Jersey.
By 1995, Peter Brandt had had enough of trading. He left the commodity training industry and involved himself in non-profitable Philanthropic interests. Like a cat that cannot stay away from its milk, Peter returned trading 12 years later.
It was in 2007 that he returned to trading proprietary capital.
Peter Brandt Books
In 2011, John Wiley and Sons published Peter’s book, Diary of a Professional Commodity Trader. The book became Amazon’s #1 ranked book on trading for 27 weeks. His first book, Trading Commodity Futures with Classical Chart Patterns, was published in 1990, and is considered a classic by many traders.
Peter Brandt Performance
Peter Brandt is one of the best living traders. His performance is just outstanding and could be compared to trader legends such as Stanley Druckenmiller or George Soros.
Average annual compounded rate of return (based on IRS tax reporting) = 41.56%
Average annual compounded rate of return (based on VAMI calculations) = 77.8%
Growth of initial investment of each $1,000 (through 2009) = $334,817
Profitable years = 14
Unprofitable years = 4
Best year = +604.7%
Worst year = (8.4%)
Ratio – size of average profit in profitable years divided by size of average loss in unprofitable years = 7.6 to 1
Ratio – Total gains in profitable years divided by total losses in unprofitable years = 26.8 to 1
Most Recent Return – from June 2014 to end of 2014 – 45%+. That’s just for half an year!
Of course Peter Brandt’s performance has not come without difficult periods, trials and struggles. He has made every mistake he points to in his book and many more. The market is the best teacher.
Peter Brandt Teaching Traders
Today, Peter Brandt, not only trades his own money but he also offers a wonderful subscription service through his Factor LLC company. The service teaches traders how to trade and how to view charts and interpret them. Its definitely one of the best services online. You can read more about it at his website: http://peterlbrandt.com/
Subscribers not only fully understand how Peter Brandt trades, view and draw charts, control risk but they could also ask questions and get answers from such an expert. Example questions asked by readers are:
How much capital is needed to trade the futures markets?
What are the main differences in trading equities vs. futures contracts?
How to construct a futures market portfolio?
What he thinks of the Elliott Wave Theory?
What he thinks of options on futures contract?
What is the appropriate rate-of-return expectation for a trader?
How do he overcomes all the emotions standing in the way of “pulling the trigger?”
What he thinks of trailing stops?
What do all successful traders have in common?
We at OctaFinance believe that Peter’s service is as good as George Soros to teach you how to beat the markets.
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