https://www.peterlbrandt.com/wp-content/uploads/2019/02/Soft-Commodities-wheat-factor-trading-Peter-Brandt.jpg8881333Peter Brandthttps://www.peterlbrandt.com/wp-content/uploads/2020/04/TheFactorReport-small-logo.jpgPeter Brandt2019-02-04 09:07:222019-02-04 09:07:22Soft Commodities are Shaping Up
From our Member Q&A archives we believe you will find interesting. How should a part-time trader manage what can be a full-time job trading to be successful. How does Peter manage his trading schedule?
https://www.peterlbrandt.com/wp-content/uploads/2019/01/schedules.jpg9621444Peter Brandthttps://www.peterlbrandt.com/wp-content/uploads/2020/04/TheFactorReport-small-logo.jpgPeter Brandt2019-01-15 16:34:482021-03-13 15:09:55Thought’s of a Full Time Trader
The daily graph on ABX (Barrick Gold) displays a possible 7-week continuation H&S pattern. Price broke out of this H&S on Friday, triggering a potential target on ABX of $18.14.
https://www.peterlbrandt.com/wp-content/uploads/2018/12/ABX-Gold-Barrick-Mining.jpg8851333Peter Brandthttps://www.peterlbrandt.com/wp-content/uploads/2020/04/TheFactorReport-small-logo.jpgPeter Brandt2018-12-10 10:54:582018-12-10 10:56:18ABX Could be Leading Gold
Some Industrials are acting soft here. For Copper, a decisive decline below 264 would complete a H&S failure pattern with a target of 235. I believe that the decline on Friday was a Wyckoff Sign of Weakness day – and Friday’s high should not be penetrated. I am willing to short Copper if the market provides a measured-risk opportunity.
Getting stopped out of a trade only to have it work
I receive many inquiries from Factor Members on the subject of getting stopped out of a trade only to have it turn around immediately and work. This has happened to me hundreds of times over the years. Does it bother me?
NO!
It once did – but I matured as a trader. Getting Stopped out of a trade only to have it work is the price to pay for protecting trading capital. It comes with the territory. It is the cost of being a
good risk manager. I put getting stopped into the following perspective:
• The overwhelming proportion of my net profits as a career trader have come from trades that never experienced
https://www.peterlbrandt.com/wp-content/uploads/2018/11/Discipline-2.jpg9621444Peter Brandthttps://www.peterlbrandt.com/wp-content/uploads/2020/04/TheFactorReport-small-logo.jpgPeter Brandt2018-11-05 10:58:142018-11-05 10:58:14Being Wrong or Getting Stopped out of a Trade is Fine
Soft Commodities are Shaping Up
/by Peter BrandtMany of the Soft Commodities are Shaping Up well and starting to show constructive charts. These include Corn, Sugar, Soybean Oil and Milling Wheat.
Thought’s of a Full Time Trader
/by Peter BrandtFrom our Member Q&A archives we believe you will find interesting. How should a part-time trader manage what can be a full-time job trading to be successful. How does Peter manage his trading schedule?
ABX Could be Leading Gold
/by Peter BrandtThe daily graph on ABX (Barrick Gold) displays a possible 7-week continuation H&S pattern. Price broke out of this H&S on Friday, triggering a potential target on ABX of $18.14.
All Fired Up
/by Peter BrandtThis will be on the 2018 Best Dressed List. The daily continuation graph fro Natural Gas displays a possible half-mast coil with a target of 6.1xx.
Industrials Softening
/by Peter BrandtSome Industrials are acting soft here. For Copper, a decisive decline below 264 would complete a H&S failure pattern with a target of 235. I believe that the decline on Friday was a Wyckoff Sign of Weakness day – and Friday’s high should not be penetrated. I am willing to short Copper if the market provides a measured-risk opportunity.
Being Wrong or Getting Stopped out of a Trade is Fine
/by Peter BrandtGetting stopped out of a trade only to have it work
I receive many inquiries from Factor Members on the subject of getting stopped out of a trade only to have it turn around immediately and work. This has happened to me hundreds of times over the years. Does it bother me?
NO!
It once did – but I matured as a trader. Getting Stopped out of a trade only to have it work is the price to pay for protecting trading capital. It comes with the territory. It is the cost of being a
good risk manager. I put getting stopped into the following perspective:
• The overwhelming proportion of my net profits as a career trader have come from trades that never experienced