Episode One – A Life in Charts

Featuring Peter Brandt

Peter Brandt is a classical chartist and a trading legend, in the foreign exchange and futures markets since 1975. In this exclusive five-part series, Peter shares his knowledge and the lessons he has learned, to develop a framework to trade successfully with chart-based analysis. In Episode 1, Peter takes Raoul Pal through his fascinating life story, from how he discovered charts and the importance of risk management, to the mentality of markets and what they can teach you about yourself.

Published on
17 May, 2017
Topic
Psychology, Trading, Technical Analysis
Duration
71 minutes
Asset class
Commodities, Currencies
Rating
32

Comments

  • SF

    Stephen F.

    5 7 2018 05:26

    0       0

    Fantastic to have Peter Brandt, I am solidified in my choice to purchase a Real Vision subscription.

  • EM

    Emad M.

    27 5 2018 14:01

    1       0

    Great interview, learned a lot! Many thanks for investing your time to give us this series Peter!

  • PH

    Phil H.

    15 12 2017 23:01

    0       8

    https://thelonelytraderv2.wordpress.com/2017/10/24/peter-brandt-another-fake-trader/

    just sayin..

  • AW

    Anthony W.

    28 10 2017 07:26

    1       0

    A great interview with a smart, seasoned and successful trader.

    When I watch Real Vision, I always stop to think about the results of the interviewee before I decide how much of their thinking I will take on board.

    Peter's results are consistently outstanding.

  • TS

    Timothy S.

    19 9 2017 01:11

    3       0

    Who in the world would give thumbs down? Excellent interview

  • BL

    Bob L.

    12 9 2017 22:53

    0       0

    Peter is a legend. As his private service. https://www.peterlbrandt.com

  • BS

    Brandon S.

    8 8 2017 00:54

    2       0

    Excellent interview, thank you so much Peter for sharing.

  • VK

    Vladimir K.

    17 6 2017 18:31

    4       0

    I actually didn't know who is Peter Brandt before. But here I am, fascinated by this interview, looking forward to the rest videos.
    Raoul, thanks a lot for brilliant questions. It is crucial for the high quality interview.
    it is so rare to talk to a successful independent trader. Someone who is our example, the man who walked this painful, difficult path and succeeded. It is obvious how much of self-reflection Peter went through. It is trully a blessing to hear his stories, lessons. He is so genuine and open, no hidden agenda.
    Peter, thank you so much.

  • TC

    Thomas C.

    6 6 2017 10:22

    2       0

    Brilliant - inspiring !!

  • BV

    Bogdan V.

    27 5 2017 18:46

    2       0

    Peter and Raoul, thank you for this guys. You add value to the lives of so many people!
    Peter, I have a question: How is a pattern formed from the point of view of actual people coming in and out of a market? What makes the shoulders lower than the top (for H&S), or higher high and lower low (for Diamond)etc...? How people think and act that produces the patterns? This is something I would love to read about. In other words, Investor A buys to open but Investor B buys to close, then fear/margin call/greed takes over and A/B do something, etc...
    I look at charts and try to "see" and "feel" people taking decisions in real-time.
    If I manage to understand HOW patterns are formed and not only that a certain pattern, statistically, is doing this or that, I would be so happy!
    Thank you again guys, I really appreciate the privilege of you taking the time to share your thoughts with so many people around the world.

    • PB

      Peter B.

      31 5 2017 21:47

      3       0

      The best explanation of why patterns form would be from the books "Technical Analysis and Stock Market Trends" by Edwards and Magee (1948) or "Technical Analysis and Stock Market Profits" by Reichard W. Schabacker (1933). I recommend the Schabacker book -- he was the originator of patterns and his book is the easier read of the two.

  • PB

    Pieter B.

    27 5 2017 02:39

    1       0

    Absolutely fascinating and excellent value. Massive thanks!

  • FC

    Forest C.

    26 5 2017 18:08

    0       0

    Supreme Peter, you earn yourself another subscriber of Factor. Too much trade identification in the media but not enough risk management and sizing discourse...

  • CM

    Carl M.

    24 5 2017 20:40

    0       0

    really enjoyed it

  • LC

    Liliana C.

    22 5 2017 03:12

    2       0

    I'm here to learn. Truly grateful to have a master legendcteach. Thanks Peter!

  • CH

    Colin H.

    19 5 2017 12:40

    1       0

    My process is completely different but I really enjoyed this.

  • KS

    Kathleen S.

    19 5 2017 01:17

    3       2

    Love Peter , however we live in a world where all markets are manipulated - they are not organic and have no fundamental or charting ability -- they are the whim of policy. You have to guess what the CB's are going to do and it is just getting worse and worse and worse.

    • PB

      Peter B.

      19 5 2017 15:20

      13       0

      Kathleen, the markets cannot be manipulated forever -- that is the lesson of history. And when the CBs can no longer manipulate, WATCH OUT

  • EG

    Eduardo G.

    18 5 2017 12:22

    1       0

    I'm only half way through the video and I'm already loving it. Real people, real traders, real experience and wisdom: Real Vision!

    Infinite Thanks!

    • EG

      Eduardo G.

      18 5 2017 13:31

      3       0

      Watched it completely and Raul is absolutely right. We're blessed to have this possibility

  • JK

    Jeff K.

    17 5 2017 22:21

    2       0

    Even as a long time Factor subscriber, I found myself riveted to the interview. What a humble giant! Kudos RV!

    • DC

      D C.

      7 7 2017 19:48

      0       0

      Just curious- so has being a Factor subscriber helped you with your trading?

  • JA

    John A.

    17 5 2017 13:47

    3       0

    Real Vision introduced me to Peter and his service. After Real Vision, it is the best investment I've ever made. Ive traded commodities using charts and risk management mostly (though much much MUCH inferior to Peter, ehm) and it was such a relief to read his work. It is so clear and succinct, which is as rare as a white buffalo in this murky world of charting and risk management. Just like Real Vision, I learn something new every time I open it up.

  • TL

    T L.

    15 5 2017 22:57

    1       0

    what are the two books again?

    • PB

      Peter B.

      19 5 2017 15:22

      5       0

      I think you are referring to the Edwards and Magee book (all Editions after #6 are garbage, see if you can get the 5th Edition). The other one is Technical Analysis and Stock Market Profits by Richard Schabacker

  • BC

    Brian C.

    15 5 2017 05:40

    2       0

    Another happy Factor member here. Thank you for sharing your fascinating journey, Peter.
    Well done RV for such an enjoyable interview. Loved seeing the older photos and statements, great touch!

  • SC

    Sajad C.

    14 5 2017 16:59

    3       0

    Real vision stepping up a level, again. Excellent.

  • SR

    Steve R.

    14 5 2017 08:38

    2       0

    Pure gold! Thanks Peter :-)

  • ct

    constantine t.

    13 5 2017 10:18

    1       0

    Peter, you're a legend and I'm honoured to have met you and be a Factor member. All the best, CT

  • ZY

    ZHENG Y.

    13 5 2017 02:02

    1       0

    this video is so worth to watch again and again...on the road of learning trading...

  • WP

    William P.

    13 5 2017 01:44

    4       0

    Watched it twice just for fun. Loved Peter's response in regard to fundamental traders who don't believe technical analysis works (my paraphrase). Beyond that, great to see Raoul appear to be truly enjoying a conversation.

  • CP

    Charles P.

    12 5 2017 15:10

    10       0

    I will echo what others are saying here, when I say this is truly a remarkable interview, which reflects RV at its very best! What I like about this interview in particular is the look-back on the career. There is so much to learn (and admire) when you hear about a person's journey. It is NEVER the case that they were always as notable/prestigious/wise as we see them in their "accomplished" status today. I really think this review of a RV guests' career journey (if they are willing to share!) adds just so much to the listeners appreciation and admiration. This interview really brought that into high relief. Again, RV, job well done!

  • SM

    Sam M.

    12 5 2017 14:38

    1       0

    We're standing upon the shoulders of giants. Thank you.

    • PB

      Peter B.

      19 5 2017 15:23

      3       0

      A more appropriate expression would be "mining the minds of midgets"

  • CG

    Colin G.

    12 5 2017 05:06

    4       0

    Thanks Raoul for asking two questions I always wanted Peter to answer: (1) have you tried random trades with the same risk management? (2) could an algorithm implement his methodology? If the system is as rigorous as it appears, you have to wonder why there's a need for much personal discretion. Great interview. Looking forward to the rest of the series.

    • FC

      Forest C.

      17 5 2017 03:08

      1       0

      Same here. I kinda understand (2) but can't really grapple with (1) - it may even work better than his own 40% (considering 50/50)... perhaps it is about conviction ?

  • BM

    Bryan M.

    12 5 2017 04:37

    1       0

    PRICELESS!!!

  • VR

    Vernon R.

    11 5 2017 23:41

    3       0

    Wow! What a rare human who’s only interest is to share his priceless knowledge and wisdom.

    Real vision and its subscribers are so lucky.

  • RD

    RP D.

    11 5 2017 23:01

    2       0

    I'm getting my moneys worth here RV! Thank you Peter and well done Raoul. Can't wait for the next episode.

  • Sv

    Sid v.

    11 5 2017 21:47

    2       0

    RV provides so much value. Thank you for this series

  • SK

    Siddharth K.

    11 5 2017 20:09

    3       0

    This is such a great interview! One of the best I have watched.

  • RB

    Roy B.

    11 5 2017 19:41

    2       0

    The trading insights are invaluable. Looking forward to the next installment.

  • CA

    Christian A.

    11 5 2017 18:27

    2       0

    AAA

  • RS

    Richard S.

    11 5 2017 18:01

    6       0

    What a pleasant, knowledgeable and insightful gentleman. Great interview.

  • LA

    Linda A.

    11 5 2017 17:03

    5       0

    Thank u for an A+ education Raoul, Peter! Successful trading is one hard job. I am still learning the art of cutting losses short, risk mgmt. I now start small on trades to test my trades. If I am right, I will add on. BTW I enjoyed seeing the pics through the decades-thanks for sharing.

  • kv

    keith v.

    11 5 2017 14:02

    5       0

    This is GOLD.

  • PT

    Patrick T.

    11 5 2017 05:16

    3       0

    Thank you for sharing your knowledge

  • rm

    russell m.

    11 5 2017 04:54

    3       0

    Thank you Peter for taking the time. Your passing of knowledge

  • CT

    Chase T.

    11 5 2017 03:40

    4       0

    Fantastic interview...I feel really blessed to be able to learn from a living legend. New factor member as of just now and having seen the report in Real Vision Publications...I am excited to see the weekly product. Peter is a true self made man in the markets and is a hero to young traders hoping to do the same. Thanks Raoul!

  • GP

    Gordon P.

    11 5 2017 00:47

    5       1

    Awesome, looking forward to watching rest of this series
    Thanks, RV

  • GA

    Giedrius A.

    10 5 2017 21:47

    2       0

    Incredible, love you all for such a content!!!

  • PU

    Peter U.

    10 5 2017 20:20

    6       0

    superb!

  • SB

    Sulinder B.

    10 5 2017 19:44

    5       0

    I have been a member of his Factor Service since inception.He is superb. He does not sugar coat anything.He is brutally honest,not only with his subscribers but,more importantly,with himself....and yes his returns are staggering!

    • VK

      Vladimir K.

      16 6 2017 22:51

      0       0

      Sulinder, thanks for this intro. I actually didn't know who is Peter Brandt.

  • RO

    Rodica O.

    10 5 2017 19:37

    1       0

    Peter is a legend and theinterview was just outstanding ! Thank you for bringing him to the RV and giving him the proper credit for his work.

  • JM

    James M.

    10 5 2017 19:27

    2       0

    Inspirational !!!

  • J

    Josh .

    10 5 2017 19:15

    1       6

    What's with the music?!

  • MM

    Michael M.

    10 5 2017 17:58

    13       0

    Brilliant, what a hugely likeable and admirable guy. Great job RVTV.

  • RA

    Ricardo A.

    10 5 2017 17:31

    2       0

    "If you want to know who your worse enemy is.. look in the mirror."

    "Successful trading is an upstream swim against human nature" ...

    Words of WISE man

  • DA

    Daniel A.

    10 5 2017 16:42

    5       0

    What an inspiring man. Next week cannot come soon enough!

  • SC

    Sau C.

    10 5 2017 16:20

    4       0

    A trading legend. Great stuff. Long overdue. Looking forward to the next few episodes

  • MS

    Matt S.

    10 5 2017 16:03

    3       0

    Only a 40% win rate... damn that scares me! I Know it's still possible to be successful (obviously - look at Peter) but... still fills with me fear lol

    • HT

      Ha T.

      10 5 2017 19:26

      3       0

      Yes, that makes me even more looking forward to his risk management and position sizing techniques

    • RM

      Robert M.

      11 5 2017 04:20

      2       0

      All aspiring traders should read his book, it's one of my top 3 trading books: Diary of a Professional Commodities Trader.

    • JK

      Jeff K.

      17 5 2017 22:20

      1       0

      what are your other two?

  • RM

    Richard M.

    10 5 2017 14:33

    5       0

    What a fascinating interview! Peter is the consummate professional and it truly shows in this interview. He's had a storied career and it was great getting to hear all about it. Raoul did a super job with the interviewing side too! Really looking forward to Peter's charting series that is upcoming!

  • ns

    niall s.

    10 5 2017 14:10

    9       0

    I like the candor , modesty and honesty that Peter brings to RVTV , look forward to his series and some serious brain picking .
    many thanks to all .

  • KJ

    Kulbir J.

    10 5 2017 13:27

    19       0

    One of the best interviews I have seen on RVTV in a long time! Priceless

    • PB

      Peter B.

      19 5 2017 15:25

      2       0

      I feel humbled by your kind words.

  • JS

    John S.

    10 5 2017 11:51

    26       0

    Wonderful. As Raoul said, we are blessed to be able to listen to Peter's wisdom.