Information about Peter Brandt

[bogitrade]

In Twitter @guruleaks1 has presented enough evidence against claims by Brandt regarding his performance and his calls about BTC. The evidence is enough for some people to call Brandt a fraud. In fact Brandt was forced to retract claims of audited performance of 41.6% and replace it with a claim about attestation, whatever that means.

Old claim

https://ibb.co/nu6irx

New claim

https://ibb.co/keZ04H
Brandt has engaged in the practice of deleting posts with failed predictions and also deleting his whole website. What you will see below raises serious doubts about Brandt having any significant market experience at all other than calling tops and bottoms with chart analysis.

In January 17, 2012, and after an accident in Italy Brandt announced the bankruptcy of Carnival cruises. a multi-billion dollar corporation, based on some H&S pattern he somehow found on the chart. That was extremely curious about Brandt. No serious trader would have ever done this.

This is the article in his website which he retracted after two days.

continuing here

He also tweeted his view but then deleted the tweet after someone reminded him that CCL is a multi-billion dollar business. His tweet can be found in Twitter archives.

It is unlikely that any serious trader will make similar claims. As mentioned here before, Brandt called a drop of DOW to 4000 in 2011.

Now Brandt wants to teach your crypto traders how to trade and he engages in multiple conflicting calls and then deletes the ones that fail as @guruleaks1 has shown. I hope you found this information useful.

 

[Saltynuts]

This guy sounds legit.

 

[QuasWexExort]

Not surprised at all. He sells a subscription service for $598/yr. It is in his commercial interest to cover up bad predictions.

 

[Jack1960]

Brandt seems like an elite trader.

 

[comagnum]

Get real, attestation is splitting hairs - an independent Fiduciary Fed tax audit versus an IRS audit - whatever. Brand's Factor LLC fed tax records audit can be found on SCIBD.com - took me all of 15 seconds to find it. Besides they are under CFTC regulations for accounting. Brandt is a real deal trader making a living from his trading for 40 years going back to the Communities Corp days.

Brandt is wrong a lot and is fine with it - he says 'If you cant change your opinions, your going to be changing your under-wear often'. Brandt hiding his losers is laughable - they dumber newbies just can't handle the thought of a losing trade whereas Brand flaunts them. If you want the fantasy of every trade a winner - the market a daily ATM withdrawal, a walk in the park, than your looking in the last place. Plenty of promoters sell that silly newbie day traders fantasy.

Most retail traders will not mesh at all with Brandt - his techniques & views run counter in every aspect. Swing traders into classic TA with plenty of experience will probably appreciate him. No need to join his pay site - you can pick up nuggets of wisdom and a bit of how he does his classic TA from his Twitter comments.

Not exactly hiding losers, I found plenty of them on Twitter and some nice wins as well like his recent call on the dollar breaking out. Brandt is very outspoken about learning how to take a lot of losers and in interviews likes the subject of losing more than anything. He never brags about his big winners either.

Here's Brandt a few weeks ago flaunting a $190k loser on Twitter

 

[bogitrade]

So how losing large sums makes someone a good trader and how can one justify the ludicrous claims of a head and shoulders chart suggesting bankruptcy and Dow 4000? After 20+ years he learned nothing?

Now let us see about comagnum:

Please search this forum for keyword "Brandt" and member comagnum:

16 cases of pushing Brandt.

hmm.... @Baron should take a look.

Now about tax returns, in SCIBD.com

Brandt started trading in 1981 but the calculations are based on only 18 years of tax reports. Where are the other 19 years?

hmm....

Finally, where are the reports since 2009 that include numerous bad calls according to archived information? Just to mention one: sugar trade he got wrong. Was Brandt trading?

You know, comagnum, people are not stupid. There are recent 10 years of reports missing and 12 years from 1995 to 2007. Actually, after 1995, Brandt has reported returns for only 3 years, 2007-2009.

People in ET have a mind to judge this information. Many people in 90s made money blindly buying or shorting. Get us the performance records after 2007 and come back to talk about this. Don't come back and say he wasn't trading after 2009 because there is plenty of public information where he claims he did.

 

[comagnum]

He did have a lapse from trading for about 10 years from a severe injury he had, he openly talks about in his book. I don't push Brandt pay site at all, if you weren't such a moron and could read, you would know that. 16 cases of using quotes, I often end my posts in qoutes from a number of well known traders. Dont be a moron and think that is a secret message to join a pay site.

Traders are wrong a lot, they take a small hit and move on to the next trade. If you think you or any trader is right all the time your delusional. Soros gets it wrong a lot. Good traders exploit their winners and drop their losers fast.

I don't push anyone using a pay site, I have always been outspoken about that. Brandt is a real deal trader that sprung up a pay site, like I said before you can learn all you need without spending a penny.

Every trader has to be a self starter and find their own way. Those that want to be spoon feed are not cut out for trading to begin with.

Trading in the 90s had a lot more volatility than this bull market.

 

[southall]

Actually, after 1995, Brandt has reported returns for only 3 years, 2007-2009.

Clearly his best trading years are behind him then, it is sad to see once profitable traders resorting to snake oil tactics on twitter and pushing $50 a month chat rooms when they can no longer find a good trading edge for current market conditions.

 

[bogitrade]

if you weren't such a moron and could read,

LOL. You sound too sensitive and angry. Hmm... an angry man can only have a vested interest in not exposing a fraud. Your numerous posts about Brandt strong indication. Continue to throw insults you making your position worse.

 

[bogitrade]

Clearly his best trading years are behind him then, it is sad to see once profitable traders resorting to snake oil tactics on twitter and pushing $50 a month chat rooms when they can no longer find a good trading edge for current market conditions.

It's also questionable if he was overall profitable since many years are missing and nothing after 2009. There are rumors he has lost everything. He can only show otherwise if he provides his trading records after 2009 since he has claimed many times he was trading. If no records then was lying he was trading. His activity is well documented and now involvement with crypto opens the door to test him again. @guruleaks1 in Twitter has documented contrarian tweets about bitcoin that afterwards he erased. Erasing tweets with bad calls is sign of fraud