Factor Weekly Chart Scroll, Futures and Forex Markets – January 27, 2022

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Factor Weekly Chart Scroll, Futures and Forex Markets - January 27, 2022
  • Chart scroll with Peter (1 hr 13 mins)
  • Live member Q&A
Live questions from Members  
  1. The Ultra T Notes contracts - Tell us why you trade the "Ultra" T Note contracts vs. the alternative T Note Contract - Symbol /TN on my TD Platform. 1:13:29
  2. I am working on taking quicker losses and reducing the number of trades that hit my full stop loss. Do you have any suggestions or methods to exit a trade early when you think it is not going in your favor? 1:14:52
  3. I find the short side is more volatile than the long. Can you please share your thoughts on how you adjust sizing? Also, what do you look for in setups that are different from the long side? 1:16:33
  4. I started preparing my buy list on the weekend, and I keep watching those lists throughout the week. However, I missed out on so many setups that emerged on the day which didn't exist during weekend preparation. How do you deal with that? 1:17:30
  5. I see you enter trades on support - breakout retest, moving average test, etc. Can you please elaborate on how you manage the risk on these? Any different from breakout trades? 1:21:09
  6. I am a new subscriber and relatively new to trading. I just wanted to ask if Peter would cover precious metals and his thinking behind Silver and the chart itself. 1:23:35
  7. Any advice for new members regarding navigating the markets/general advice for novice futures traders? 1:25:43
  8. Do you ever use support and resistance levels without a chart pattern to enter or exit a trade. If you do, when? 1:27:37
  9. Do you have any advice for someone nearing retirement age and contemplating entering the financial markets for the first time? 1:29:46
  10. How likely do you see Bitcoin dropping to 12,900 --target from the double top -- as you posted on the Factor Member twitter? 1:31:22
  11. FAQ - Do you ever see yourself hanging it up? Is trading what you’re going to do the rest of your life? 1:36:30
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Real Vision interview – The January Effect: Trading the EUR/USD

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Factor Member Webinar December 2021

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Factor Member Webinar and Q&A with Peter Brandt - Recorded live December 8, 2021 Opening discussion/presentation by Peter  Live questions from Members  
  1. What's the best place to start when learning how to enter and exit trades? 21:42
  2. Do you apply the same ATR filter on stops when exiting a position as you do when entering a position? And, if not, do you use another type of filter to reduce the odds of getting whipsawed by a price excursion that is still within recent volatility? 24:31
  3. I'm new to Factor LLC, so maybe this question is already asked many times. Do you take other fundamentals into account when trading futures - especially COT data / Open Interest? Or just chart patterns like SHS, Triangle, etc. 27:28
  4. If your equities only account is 500k, what would be your standard position size? 29:24
  5. TLT looks like a OOPs. 30:50
  6. What is the minimum account size needed in order to become a professional trader? 31:51
  7. Did you ever try to create a chart of your drawdowns? 33:37
  8. Could you do another session sometime on your weekend screening process? How many markets are you viewing? What service are you using? More about how you do this. 34:54
  9. I need a clarification (I am not a native English speaker, and I am afraid to make mistakes on such an important point). Your weekly/daily trend model for Bitcoin requires two weekly (or daily) candle closes above the 18 weekly (or daily) MA and also an uptick of the 18 weekly (or daily) MA. Correct? Would you mind explaining what exactly meets your criteria for an "uptick" in the context of this trend model? Also, is there any other component to this trend model that I have not detailed above and maybe I have missed? Have you come across, and could you please recommend, any services/tools that allow you to execute entries and exits as per your trend model in an automated way? How do you execute your entries and exits when you are taking some time off, given that crypto trades 24/7 and given that massive shakeouts (like last Friday) may happen even while you sleep? 35:43
  10. Your WEEKLY Trend Model seems down for Bitcoin but seems up for Ethereum. Have you already allocated (or are you planning to allocate soon) a portion of your Trend Model funds to ETH instead of BTC even if your trend model is down both on the weekly and daily for BTC ? In the past, BTC and ETH seemed highly correlated but not this time. What are your thoughts on what's currently happening and how do you plan on taking action? 40:54
  11. How do you use ADX? 41:08
  12. Is a 2021 Best Dressed list coming this year? Honestly, it's one of the best resources for a growing trader. 44:16
  13. How (if at all) do you allow yourself LATE entries when/if you miss the early portion of a breakout which: a) comes after a lengthy consolidation on the weekly timeframe b) shows a huge momentum c) price still has the potential to go higher based on Technical Analysis targets Is the answer different when you are trading crypto vs other assets? 44:54
  14. Do you find a lot fewer swing trading opportunities in futures in the last couple of years? 47:28
  15. Any recommendations for setting stops in a retirement account? It would be a loose stop, but not sure how loose to be. 49:09
  16. Silver. What gives? Frustrating market. And gold McClelllan is positive on gold. 50:49
  17. Where are you able to trade Bitcoin and ETH short with margin? 52:26
  18. Could you talk about the benefits of creating an LLC for trading a prop account? 53:40
  19. I am a new member. I want to ask about your risk-reward, I can see on the charts/opps you post that you normally put 1:1. Is this the case mostly? 54:40
  20. Can you please talk about the daily and weekly chart of ETH? I would like to know more about ETH? Is ETH the leader for crypto currency's now? Especially after holding $4000 since last BTC decline. 56:48
  21. What do you make of the cocoa chart? 58:41
  22. What should I read, how should I trade while I'm learning? 59:18
  23. I'm a relatively experienced stock, options, and equities trader. I've wanted to get into Futures for a few years now due to all the positives mentioned (great leverage, favorable taxation, etc). I'm confident at charting and trading Futures Continuous charts and have been keeping a paper trading log, but the technicalities of Futures contracts makes my head spin! I'm never sure which month's contract to buy based on my trade idea; sometimes the contracts are denominated in apostrophes (i.e. 32nds rather than decimals), some contracts are so large that even with a sizable account, I couldn't afford even 1 contract, and I am paranoid I will accidentally hold a contract through expiration and be beholden to physical delivery! How would you recommend an independent trader without access to a trading floor mentor get a grasp on the world of Futures trading from a terminology and execution standpoint? 1:01:09
  24. When choosing which month to trade in a futures market, what do you look at aside from OI? 1:06:05
  25. Amazon chart. Another frustrating stock. 1:08:09
  26. What's the max number of positions you hold at a given time? 1:09:41
  27. Best resources (books/courses) to learn how to short? Best resources (books/courses) to learn how to HEDGE one's position? 1:12:06
  28. How do you use/why do you have 18 and 8 MA on your charts? 1:13:45
  29. What broker do you use to trade Bitcoin? 1:14:57
  30. Why wouldn't Peter mention Schabackers' book for interested futures traders? 1:16:32
  31. To confirm, you look at a breakout in the continuation chart then trade the breakout in the front month? 1:19:00
  32. Best resources on how to HEDGE? 1:23:19
  33. What percentage of your retirement accounts are in the market today? 1:24:35
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Real Vision Interview: What Are the Secrets, Lessons & Wizardry of Great Traders? – Peter Brandt interviews Jack Schwager

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Real Vision Interview: Hedging Inflation in the Digital Age – Peter Brandt interviews Dr. Jeff Ross

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Factor Member Webinar September 2021

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Factor Member Webinar and Q&A with Peter Brandt - Recorded live September 21, 2021 Opening discussion/presentation by Peter 
  • Modifications to trading 
  • Process before performance 12:52
  • What is swing trading 17:54
  • Market Review 22:24
Live questions from Members  
    1. Could you share a template of your excel that you use for journaling that contains metrics like Profit Factor and GtP, please? 34:25
    2. During a Q&A last March, you said, "In my opinion, the only price of the day that is important is the closing price, buying intraday bursts and selling intraday busts is not a profitable endeavor." Yet, your tweet of Feb. 26 took a different tack: "Most of my entries are on intraday stops, some on daily closing price orders." Under what circumstances will you buy a breakout intraday instead of waiting for the breakout to be confirmed at the close? 35:44
    3. Trading with breakouts, over time, a whole lot of correlated positions start appearing in the book. Is there something you do about it? 37:52
    4. When looking for a price to close above a certain level to enter a trade, what time zone do you consider for the closing price when the instruments trade around the clock globally (e.g. crypto, gold, etc.). Do you observe the New York close? London close? And, if looking at both, which one do you weigh more heavily and why? 39:52
    5. 1) Should equity market volatility/correction affect our tactics/willingness to take trade signals/tighten stops etc. in non-index futures? 2) Corrections back to the 50/100/200 dma etc. will continue to happen; for trend following, should we continue to trail our stops as normal (e.g. 10/50/100 dma or any other method) and let the stops do the job or is there any merit in having some other nuances in the process? 3) Any suggestions for dealing with trend following drawdowns e.g. swing trading half the position as you do; do you think if you had been a trend follower for the whole position (weekly charts/no swing profit taking) your equity would be higher today. 41:25
    6. What do you think about OBV indicator as a confirmation guidance for breakouts? 44:46
    7. How do you factor in the FOMC meeting tomorrow? Do you expect the fed to continue to be accommodative? Would appreciate your opinion if that would be a factor or would you keep going by what the charts present/ technical analysis? 45:32
    8. Referring to Peter's Factor Report of the 19th ... in the opening paragraph - noting Item 3 - "Max Risk per trade has been bumped up from 60 bps to 80 bps ..." together with Item 4 - "Greater use of weekly price bars ..." Your comment/explanation, please ... noting your expectations for Volatility ... and what in your trading experience has prompted you to make this adjustment ... 47:11
    9. How do you manage to open new trades when you already have a few open trades that are not on breakeven yet? 50:56 
    10. I'm curious in the report this weekend why Peter chose the December 2024 contract month for Eurodollar? 51:51
    11. I was stalking USO to get long on a move above 48.55. On 2 Sep price gapped up. Gap up to me is a go with. You don't know if price will continue up or fill the gap. Set my stop at 47.70. The next two days were a pullback filling the gap w/ a low of 47.73. On 8 Sep a good move up. I thought I had survived the pull back. 9 Sep was a sharp reversal day with a low below the pullback low to 47.45 stopping me out. The next day the rally resumed with a strong move to the upside. I did not have the mojo to re-enter. How would you have handled this trade? Would you care to make any suggestions on what I might have done differently besides have a wider stop- 47.27? I thought the stop was good after the pullback. This might have just been unlucky. 53:08
    12. I really like when you host webinars. Will you host webinars more often? Also, your thoughts on China? 54:07   
    13. What is your current agenda for trading? Do you analyze charts at the same time everytime, enter orders, journal? Do you believe this is important for a successful performance? 55:13
    14. For weekly, monthly chart driven trades are stops still determined based on high/low of the breakout day or are high/lows of the breakout week and month are used? 59:29
    15. What do you think is the safest stable coin that will always remain liquid in a market “dislocation"? 1:02:38
    16. In relation to targets, trend following generally, on a conceptual level, does not encompass "targets" - any thoughts on the effects that would have on the end result? i.e., letting your winners run/being trail stopped out. 1:06:04
    17. Do you plan to write a second edition of your book Diary of a Professional Commodity Trader with an updated trading process? 1:08:35
    18. Can you comment on Trade Navigator? 1:09:04
    19. It would be good if you can focus on a given trade on a daily basis. ie/ the chart pattern that got you in and a bar by bar /daily analysis of how you managed that trade. Sometimes I find going through lots of charts to be not as helpful as just focusing on one chart. 1:10:15
    20. Do you get out of all losing trades on Friday? 1:11:02
    21. You mentioned, "Part of edge comes from the willingness to bet bigger on special set-ups (call it intuition of charts)" - how to assess confidence in doing this and still not make a substantial loss? 1:11:43
    22. Your thoughts on REGI, possible inverted H&S? 1:15:43
    23. Please, more evergreen about grain markets!! Tips on grain markets like "There is a strong seasonal tendency for Corn prices to bottom in the Sep-Oct period.” 1:16:14
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Real Vision interview – September 16, 2021

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Real Vision interview – May 3, 2021

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Real Vision Crypto Gathering March 2021 SESSION 3 – IT STARTS WITH CHARTS Laura Shin, Willy Woo, and Peter Brandt

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