036: Peter Brandt Trading Since 1975, Lessons From 40+ Years of Extraordinary Returns

Published: Sept. 3, 2015, 10:56 a.m.

b'I can promise you right now, this one will not disappoint\\u2026\\nMy guest today is the legendary trader, Peter Brandt.\\nPeter first started trading around 1975 (which I\\u2019m sure is before many of you listening were even born \\u2013 that\\u2019s certainly the case for me). So that\\u2019s 5 decades involved with markets, i.e. \\u201970\\u2019s, \\u201980\\u2019s, \\u201990\\u2019s\\u2026 \\u2013 a very long time!\\nTo give you an idea of Peter\\u2019s 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%.\\nDuring this interview we discuss Peter\\u2019s 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\\u2019s 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.\\nLearn more about the latest CWT eBook here: chatwithtraders.com/read\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'