Review of week ending September 10, 2021

September 10, 2021/by Peter Brandt

I will be traveling through next Monday. There will be no weekend Update this week. The following table represents my trading activity for the week ending September 10, 2021.

plb

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The Monthly – August 2021

September 8, 2021/by Peter Brandt

An archive of the completed month plus highlighted member content

Overview

Thoughts on a Sunday Afternoon – Quick Access Links
Factor Member Private Twitter – Evergreen & Educational
Spotlight Links – To Watch & Read
PDF download of this Monthly

Thoughts on a Sunday Afternoon

Quick Access Links

August

Factor Member Private Twitter

Evergreen & Educational

Twitter LINK for comments/replies

Are you following our private Twitter? Steps for access

Spotlight Links

To Watch & Read

Watch

Setting Targets – Video

Read

PDF of this Monthly

The Factor Report The Monthly August 2021

Thoughts on a Weekend Afternoon, September 6, 2021

September 4, 2021/by Peter Brandt

Trading Commentary

I entered the week without a position – a truly rare event for me. I remained flat for most of the week but established a few positions on Friday. Will these positions end a choppy streak for my trading? No idea. My job as a trader is to manage the following simple process:

See a qualifying pattern
Take a trade with an established maximum risk
Follow set rules/guidelines in the management of trades
Live with the results
Trust that over an extended number of trades a profit will be produced

The hardest part of trading is to keep it simple.

https:www.peterlbrandt.com:wp-content:uploads:2021:09:Thoughts-on-a-Sunday-Afternoon-Sep-6-2021

Thoughts-on-a-Sunday-Afternoon-Sep-6-2021.pdf

Factor Real Time Case Studies, August 29, 2021

August 29, 2021/by Peter Brandt

It is not my desire for the Factor to be a real-time signaling service. Yet, tracking the entry and management of trades can be of benefit for me to share with Factor Members my thoughts and trade management process.

Four markets will be monitored this week. The first two of these markets meeting entry criteria will become case studies to be reported upon while positions are active — to include entry, sizing, initial protective stop, stop advancement and trade exiting.

Dual tranches will be established in the markets entered with one tranche subject to management based on the weekly bars and the other tranche subject to the daily chart (with active and aggressive trade management).

The candidate markets and the entry levels are as follows:

RTYZ21 — buy stop at 2412.1 OCO 2401.1 SCO (basis nearby contract).

RSX21 — buy stop at 954.1

DBA — buy stop at 19.56

LSUH22 — buy at 507.1 limit

My risk on these trades — if filled — will be 60 basis points (6/10th of 1% of total capital).

Conducting these Case Studies is a trial experiment. If this exercise is beneficial to Factor Members future case studies will be conducted.

plb

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Factor Real Time Case Studies, August 29, 2021

Thoughts on a Weekend Afternoon, August 29, 2021

August 28, 2021/by Peter Brandt

I do not recall the last time I entered a weekend completely flat – NO POSITIONS – in the Factor Prop Account. Going flat was not intentional per se – it was just a matter of a lack of trading signals across the board in all the asset classes I trade.

There is an old adage in the stock market to “sell in May and go away” (until October).

https:www.peterlbrandt.com:wp-content:uploads:2021:08:Thoughts-on-a-Sunday-Afternoon-Aug-29-2021

Thoughts-on-a-Sunday-Afternoon-Aug-29-2021.pdf

Thoughts on a Weekend Afternoon, August 22, 2021

August 21, 2021/by Peter Brandt

Trading Commentary – What is the correct way to trade a breakout move?

https:www.peterlbrandt.com:wp-content:uploads:2021:08:Thoughts-on-a-Sunday-Afternoon-Aug-22-2021

Thoughts-on-a-Sunday-Afternoon-Aug-22-2021.pdf

Special Situation in Soybean Oil, August 17, 2021

August 17, 2021/by Peter Brandt

Some similarities are developing between Soybean Oil in 2021 and Bean Oil in 2008.

Both bull markets took Bean Oil prices into the 70s (cents per pound) — the only occasions in history this price level was reached
Blow-off tops occurred in both years
Prices dropped substantially immediately following each blow-off top (-33% in 2008, -25% in 2021)
In 2008, a sluggish 3-month stair-step rally into a secondary top then occurred
An 8-week sluggish stair-step rally is now taking place

I am very aware that 2008 could prove as the analog year for the current market. In 2008, prices declined 59% from the bull market top, finally bottoming five months after the secondary top.

The current daily chart displays a possible H&S top pattern. I am committed to taking meaningful chart sell signals. The 14-day ADX reading is presently sub-11. Substantial trends often are launched when daily ADX readings drop toward and below 10.

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