Entries by Peter Brandt

So you want to be a full time trader? Good luck with that one!

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Here is what Chat GPT says about your chances? Statistics on the profitability of retail traders in stocks, commodity futures, and forex markets are both revealing and cautionary. They generally show that the majority of retail traders do not achieve consistent profitability, and only a small percentage become profitable enough to sustain themselves, let alone […]

A follow-up regarding my attack on the “we-fund-you” prop industry

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The industry has a legitimate role to play — it is just not playing this role with integrity I have very directly confronted the “we-fund-you” prop trading industry. For more background, see this blog post. https://www.peterlbrandt.com/the-we-fund-you-prop-trading-industry-should-be-immediately-shut-down/ The problem is not the concept of customers paying a small monthly fee to paper trade with the hope […]

Join The Exclusive Macro Trading Community With Factor’s Own Jonathon King

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In February 2023, we launched the PeterLBrandt NFT via @ChartWizardsNFT as both a Discord community and a comprehensive research service. Since then, we have witnessed remarkable growth and engagement, thanks to the outstanding contributions of our very own Jonathon King (JK) (@jonbking – see bio below). While the full NFT service will not be reopening, we believe the quality of Jonathon’s monthly research report is too valuable to remain limited to NFT holders alone. Starting July 25th, we are thrilled to announce the launch of the ChartWizardsNFT™ monthly macro letter as a standalone service, available to everyone.