Episode Five – The Process of Trading

Published on
17 May, 2017
Topic
Technical Analysis, Trading, Psychology
Duration
45 minutes
Asset class
Currencies, Commodities

Episode Five – The Process of Trading

Featuring Peter Brandt

Our exclusive series, chronicling the life and career of classical chartist and trading legend Peter Brandt, concludes with Episode 5 – The Process of Trading. In this episode, Peter breaks down the “dead serious” business of trading, running through his process, every step of the way, in a typical week at Factor Trading. It’s a process that has been enduringly successful with a track record of 40% returns over a 40-plus year career.

Published on
17 May, 2017
Topic
Technical Analysis, Trading, Psychology
Duration
45 minutes
Asset class
Currencies, Commodities
Rating
62
Sharing

Comments

  • AA

    Amit A.

    18 8 2018 07:02

    1       0

    Thank you so much peter. For 13 years I have been trading without knowing how a successful trader trade and what goes behind and what it takes to become a professional trader. Glad that I am on the right path of competing against myself but picked up some very good points about measuring performance, risk management and trade management. Thank you once again. Wish you a long healthy life ahead.

  • RL

    Rui L.

    13 1 2018 16:09

    3       0

    Truly generous of you Peter. Gratz!

  • DT

    Dave T.

    8 11 2017 07:10

    0       0

    Pete, thanks for taking so much time and effort. What an open hearted gent!
    Can you please recommend a few charting packages. I haven't found one yet that have confidence in. Thanks

  • AF

    Aidan F.

    24 8 2017 14:58

    5       0

    This man is an absolute gent. Massive asset to real vision. Love his material. Learning all the time from him and his twitter feed too!

  • ST

    Simon T.

    14 7 2017 07:09

    2       0

    Thank you Peter, have absolutely loved this series. Integrity, honesty and humility is so rare in this industry. So refreshing to see someone with it in spades willing to share their wisdom. Much appreciated and great content thanks RV. Simon

  • EK

    Emil K.

    13 6 2017 23:09

    0       0

    I'm not a trader. Didn't think I would enjoy it. Very much enjoyed it. Bravo Peter. Great story. Great lessons. Excellent.

  • BS

    Bryan S.

    9 6 2017 21:54

    2       0

    This is absolutely amazing content. I have watched several of the episodes over several times and continually pick up new priceless morsels of knowledge (and I have been a factor member for several years) that have and will continually change how I think, process and analyze information, behave and ultimately trade. Peter B. and RealVision, thank you so much for putting this together.

  • VK

    Vin K.

    6 6 2017 02:29

    0       0

    Thank you for all the wisdom Peter !! This is a must watch (and a repeat watch) for everyone to learn the importance of discipline in any field. I truly believe I learnt a lot and grew mentally with this entire series.

    A quick question - when you mentioned you actively and aggressively manage your stops, I assume the stop and trailing stop levels are predetermined. So, do you have alerts on these predetermined levels during the day to modify/put these stop orders in ? Or do you do this only on a closing price basis for all markets ?

    Thank you very much again !

  • PJ

    Peter J.

    5 6 2017 16:36

    3       0

    I didn't put this series on my initial 'must watch' list as I thought I was an investor rather than a trader and therefore the presentations wouldn't apply. Having now watched them all I don't think I've ever been more wrong. Peter's philosophy and disciplined approach have really opened my eyes to what it takes to be successful in trading and /or investing where a lot of his disciplines will apply to both.I thought his approach to Risk Management was priceless on its own. Needless to say I'll be watching these again and studying the transcripts. Thanks absolutely brilliant!

  • AC

    Andrew C.

    5 6 2017 05:15

    0       0

    Excellent Peter, thank you for your time. The clarity of your explanations on the subject matter is amazing. You mentioned you treat trading as a business, how do you distinguish your salary (for living expenses, children's college funds, vacation expenses etc), from your trading capital? This is an issue I am currently mulling over; can I spend $XX on a family holiday, or do I need it in my capital reserve, or should I put it on my next trade?

  • BV

    Bogdan V.

    29 5 2017 19:39

    0       0

    Thank you Peter. Question: knowing the FHT/Algo propensity for running stops, isn't it a good idea to analyse each market to see the degree of false breakouts, what is the percentage of false breakouts compared to the total and also how high/low they go before reversing? I believe that if I know that usually, a certain market will breakout but 60% will retrace, this may help me being over cautious? The argument against it is, of course, how fat the tails are in the distribution. Thank you for adding your comments on this.

  • PB

    Pieter B.

    28 5 2017 02:30

    0       0

    Great great job Peter.

  • MB

    Max B.

    27 5 2017 08:56

    0       0

    Superb Peter. What an excellent way to round off the series. Thanks to you and RV for bringing this to us all. Job well done :)

  • dc

    dan c.

    23 5 2017 15:57

    1       0

    Many thanks Peter. Fantastic series and thank you for sharing your experiences in such a candid fashion. Very generous.

  • ct

    constantine t.

    23 5 2017 10:30

    0       0

    PLB's intellectual honesty is unique. Thank you Peter. This series of interviews RV is by far the best.

  • Sv

    Sid v.

    22 5 2017 17:28

    0       0

    Thank you for a very informative and educational piece.

  • SR

    Steve R.

    22 5 2017 08:39

    2       0

    Fantastic series Peter. A true gentleman. Thank you!

  • SB

    Sam B.

    22 5 2017 06:19

    2       0

    Peter, absolutely fantastic series. One of my all time favourites from RV. You've compelled me to buy your book to look for more of your words of wisdom. Much appreciated.

  • p5

    peel 5.

    21 5 2017 22:48

    0       0

    Thank you Peter for sharing your experiences. I truly appreciate your time and will be thankful for that
    Hope you can do some more sessions for real vision views at later points in time

  • JM

    James M.

    20 5 2017 18:08

    3       0

    Thank you Peter for taking the time to do this is has been invaluable to me and others. Questions if you got the time. You don't ask, you don't get right!
    1. Do you completely ignore fundamental variables if the chart is telling you to trade. i.e. something like VRX just now seems to be breaking out but major fundamental issues?
    2. When do you execute the entry ,exit, stop etc? Directly on the breakout or x amount % above/below the break out?
    3. As you mentioned HFT running typical market stops seems to be a real thing and therefore a way round this could be mental physical stops, trails etc. Do you do this or does it break the emotionally detached rule and prove to difficult to instigate ?

  • VN

    Vishal N.

    20 5 2017 10:45

    1       0

    Thank you! 🙏

  • DW

    Daniel W.

    19 5 2017 22:37

    2       0

    Great content Peter, and with your experience it adds tremendous value behind your words. I recognize myself everywhere in your videos and I may have saved a years of learning thanks to your content.

  • DM

    David M.

    19 5 2017 21:23

    3       0

    Id love to see more series like this with other great traders in the future. Really beneficial!

  • SS

    Sean S.

    19 5 2017 16:06

    2       0

    Legend! This series is truly remarkable, thank you for sharing all this wisdom Peter.

  • RM

    Richard M.

    19 5 2017 15:03

    0       0

    Thanks Peter, this series was a real joy to watch! Thank you so much for your time and effort that was put into it.

  • SP

    Steve P.

    19 5 2017 05:14

    0       0

    Thank you Peter - priceless!!

  • cg

    christian g.

    19 5 2017 04:45

    5       0

    Congratulation for this wonderful journey ! Beyond trading it s a lesson about life : common sense, humility and good luck ... Thank you, thank you!

  • sp

    stewart p.

    19 5 2017 03:34

    3       0

    So endeth so endeth. Wisdom beyond age. A true gentleman and scholar

  • RG

    Remi G.

    18 5 2017 20:38

    3       0

    Thank you very much Peter for sharing all your knowledge. I really enjoyed the practical examples of trades.

  • PN

    Pedro N.

    18 5 2017 16:53

    2       0

    I was honored to watch this series of videos. Congratulations on such and amazing journey. I have learnt a lot from your wise comments.

  • EL

    Elizabeth L.

    18 5 2017 16:14

    7       0

    Hello Peter, Your classes have been of great benefit to me. Your wisdom I will be implementing in my investing. Will be watching the various episodes more than once. All well worth my time and then some. Thank you for your generous sharing of your experiences, wisdom, process and routine. The videos I found to be well done and interesting, complementary to your discussions.

  • rr

    rlw r.

    18 5 2017 14:51

    2       0

    Thank you Peter, many tremendous insights throughout your presentation(s). Thank you RV, on demand TV platform allows us to revisit, absorb and apply.
    awesome added value

  • MH

    Marco H.

    18 5 2017 09:31

    5       0

    Thank you Peter for all the time you have put into this wonderful series. I realize I rushed through them whilst I was enjoying your wisdom. I will revisit the series in order to enhance my actions and style.

  • jd

    john d.

    18 5 2017 04:56

    5       0

    Thanks Peter. I really appreciate your generosity in sharing all of this with us. Cheers John.

  • JS

    John S.

    17 5 2017 12:24

    29       0

    Wonderful series that has inspired me to up my game as an investor. Thank you Peter and RV