Information about Peter Brandt
- Thread starter bogitrade
- Start date
What do you think? He brags about having a win rate of only 42% and recently posted a big loss on Twitter - if that looks like a trader hiding loses than believe what you want.
Traders would far better of thinking for themselves - nobody will ever get rich trying to piggy back off a winning trader anyway & Brandt is very outspoken about that.
Traders would far better of thinking for themselves - nobody will ever get rich trying to piggy back off a winning trader anyway & Brandt is very outspoken about that.
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More like: The con man with his suckers.
Must have been in town for the hedge fund party in Palm Beach. I hear lots of financial bigs attend those events...
i declare that i m a paying sucker here. brandt retires shortly in dec 2019. & sub fee cost just 1~2 profitable trades anyway
m also curious to why brandt deletes his old 'bad' calls tweets & the (audited-to-attested returns) change. maybe it's fraud, or maybe it is just a 'PR' management move. on flip flopping, he did that in the last few weeks on his view on aussie.. short.. wait no. long. still, think it's acceptable. i flip-flop in intraday view, as quickly in minutes, as new price prints flow in. as brandt says "strong conviction, weakly held"
in all the paid services available, he's the best bet. if he is indeed a 'fraudster', he is the most hard working one. noone bothers to do this. he sends a monthly 'factor tracking account' report, that tracks existing/closed positions. while some manipulation can be done on the trades, it looks believable, if he followed his strict trade management rules. looking at his ror curve & then my own.. damn i must be doing something right it looks the same. rise, flat, struggle, rise, repeat. if you read his trading journal book & some of his misc articles on drawdown, it's pretty believable he genuinely trades. problem with tweeting is, if you have 1 year's worth of bad trades. which he did in one yr, people will stop following/subbing to you. trolls will start camping under your bridge. but drawdown IS the reality of a trader
there is a reason y some suckers like me subscribe to such services. they act as an alert on what other traders r looking at. a failed alert is damn useful, cos you know some traders r possibly trapped. such as brandt's call on a copper breakout trade last month. tried 3 seperate intra shorts on it, thou missed the boat in the end. that's fine. it just a great example of y you should sub to such services. their failed signals r potential trades. 'trade the trader'
m also curious to why brandt deletes his old 'bad' calls tweets & the (audited-to-attested returns) change. maybe it's fraud, or maybe it is just a 'PR' management move. on flip flopping, he did that in the last few weeks on his view on aussie.. short.. wait no. long. still, think it's acceptable. i flip-flop in intraday view, as quickly in minutes, as new price prints flow in. as brandt says "strong conviction, weakly held"
in all the paid services available, he's the best bet. if he is indeed a 'fraudster', he is the most hard working one. noone bothers to do this. he sends a monthly 'factor tracking account' report, that tracks existing/closed positions. while some manipulation can be done on the trades, it looks believable, if he followed his strict trade management rules. looking at his ror curve & then my own.. damn i must be doing something right it looks the same. rise, flat, struggle, rise, repeat. if you read his trading journal book & some of his misc articles on drawdown, it's pretty believable he genuinely trades. problem with tweeting is, if you have 1 year's worth of bad trades. which he did in one yr, people will stop following/subbing to you. trolls will start camping under your bridge. but drawdown IS the reality of a trader
there is a reason y some suckers like me subscribe to such services. they act as an alert on what other traders r looking at. a failed alert is damn useful, cos you know some traders r possibly trapped. such as brandt's call on a copper breakout trade last month. tried 3 seperate intra shorts on it, thou missed the boat in the end. that's fine. it just a great example of y you should sub to such services. their failed signals r potential trades. 'trade the trader'
Thin-skinned Peter Brandt buys all of his fake Twitter followers and blocks the real ones who question him.
All these such guys make money from struggling traders because of the myth that trading is impossible if you just trade what everyone else can see, because everyone else can see it.
In reality, the chart shows what the big money is doing and the only way to beat big money is to either be smarter than all of the banks combined or have more money.
Basically, if you can't see it yourself from across the room on a chart pinned on a wall, it ain't there.
In reality, the chart shows what the big money is doing and the only way to beat big money is to either be smarter than all of the banks combined or have more money.
Basically, if you can't see it yourself from across the room on a chart pinned on a wall, it ain't there.