Entries by Peter Brandt

Thoughts on a Sunday Afternoon, March 28, 2021

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Perspective: My goal was to make trading my life’s career when I joined the Chicago Board of Trade in 1975. I have known traders who made a quick and huge killing by trading futures contracts, then pursued other ventures. I also know many traders who had have made futures trading their lives’ career. The latter most appealed to me.

Thoughts on a Sunday Afternoon, March 21, 2021

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The Emotional Aspects of Trading: A couple of polling questions were posted late in the week. Thanks to all who participated. The polling questions were aimed at getting Factor Members to think about managing emotions in a couple of ways.

Introduction to the concept of “Leakage”

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Within my long-standing peer group, I refer to the concept of “Leakage.” Leakage is the net sum of money lost from trades taken (or not taken) that are inconsistent with a trader’s intent. Leakage is measurable. Here is how it works.

Thoughts on a Sunday Afternoon, March 14, 2021

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Introduction to the concept of “Leakage”

Within my long-standing peer group, I refer to the concept of “Leakage.” Leakage is the net sum of money lost from trades taken (or not taken) that are inconsistent with a trader’s intent.

In 280 Characters or Less

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This list is added to quarterly. I am always amazed at how patterns tend to be repeated again and again over time. A particular pattern will form, and I will think to myself, “I have seen that before in this or that market.” Markets that are down hard during a week often have a profit-taking […]