Factor Member March 2017 Webinar

Factor Member Q&A with Peter L. Brandt - Recorded live March 8, 2017

Opening discussion/presentation by Peter - Drawdowns

Live questions from Members
  1. You're measuring DD on closed equity based on weekly closes? 22:23
  2. What do you think the bottom for WTI oil is? 24:18
  3. When you wait for a market to close beyond the boundary of a technical formation, do you actually execute the trade on the open of the following day? Or do you execute it just a few minutes prior to the closing bell? 26:02
  4. You mentioned that you cap your risk to about 100bps per trade. Do you also have a limit on the aggregate risk for the whole portfolio, say 1,000bps or 1,500bps etc? 29:27
  5. If the market touches your stop so briefly that only a part of your position is closed out but then quickly reverses direction and moves in your favor again, do you keep holding your remaining position or do you close it now, at the somewhat-better-than-stop price? 31:08
  6. Do you always have a stoploss order entered during the day for every position?  Do you worry about your stops getting runned by the computer trading? 32:03
  7. What was it that made you go long on the FTSE 100 recently? The breaking of the new high or did you get in prior to this? 34:02
  8. In your latest book you say, you have additional quality requirements to diagonal patterns. Which are those and how do they compare in quality to horizontal — i.e. possible to reach similar quality with diagonal patterns as with 10W horizontal or 6-8W continuation pattern? 35:06
  9. On the stop loss: does make sense to use tec level for Stop loss and or volatility determined stop loss? 36:38
  10. What is your view about the effect of computer/algo trading on chart pattern-based trading over the next several years? 37:17
  11. How often do you use commitment of traders data? How important is it to confirm your chart reading? 38:08
  12. What does "record" mean when you referred to record spec longs and record commercial shorts in the COT data? Does it mean the highest number for the period you're looking at or does it mean the highest number of all time? 39:37
  13. You mentioned that you prefer to trade futures over FX. However, in your 2016 Factor Tracking account, spot forex was traded more often than their futures equivalent. Why is that? 40:15
  14. What securities/assets do you EXCLUDE in calculating your Total Trading Capital? Can those assets included in Total Trading Capital be invested in other things or trading strategies, or should they be sitting in cash with zero risk exposure? 41:16
  15. How many tightly correlated markets do you allow yourself to trade in the same direction simultaneously?  For example short Yen and short Gold? 43:00
  16. With respect to equities do you ever care about valuations or do you just use your process and focus purely on charts. I just don't want to be left holding the bag. 43:54
  17. When you miss a trade do you often trade the retest and if you do, do you put on the trade at the boundary line or a certain % above the boundary line. 44:33
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Factor Member Feb 2017 Webinar

  Factor Member Q&A with Peter L. Brandt  Recorded live Feb 9th, 2017 Read More

October Webinar Recording

October Webinar Recording

This webinar was recorded live October 13, 2016 for members of the Factor Service.  We are releasing this month's webinar (one time only) as a public blog post for all to see.  More information on the content and discussion points of the webinar can be found below the video.  Details regarding the Factor Service can be found near the bottom of this post. Read More

Factor Member October Webinar

  Peter Brandt - Member Webinar. Recorded live October 13, 2016 Read More

Factor Member Monthly Webinar – Sep 22nd

Recorded live September 22, 2016 Discussion Points
  • Edge - The nature of a trading scheme that provides it with the ability to carve out beta against its appropriate benchmark universe
    • Classical chart patterns - in and of themselves - provide no meaningful trading edge - in fact, no trade identification mechanism provides a meaningful edge
    • Win rate - in and of itself - provides no meaningful trading edge
  • Factor’s Edge - Factor’s edge is attributable to four primary things
  1. An emotional separation from the need to be right
  2. Aggressive risk and trade management protocols resulting in many non-injurious losses - protecting trading capital in the SINGLE DOMINATE PRIORITY
  3. Identifying and committing to very selective highly asymmetrical reward-to-risk trades
  4. Allowing the odds to provide a few trades that work immediately and provide profits of 350 to 450 plus basis points each
  • Soybean Oil - Walking through the trade
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Factor Member Q&A with Peter L. Brandt – August Webinar

Factor Member Q&A with Peter L. Brandt

Recorded live August 18, 2016 Discussion Points
  • Important clarifications
    • Last Day Rule
    • Twitter messages
  • Keeping the main things the main things
    • Trade identification (signaling) provides no real edge
    • “Edge” is gained by…
  • Key Factor Metrix
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Member Webinar Recording

  This is a recording of the Friday June 24th Factor member Webinar event. Read More

Webinar with Trade Navigator – Session 2: Classical charting principles that really matter

Session 1 - Why 80% of novice speculators are looking for answers in all the wrong places Session 2 - Classical charting principles that really matter - this post  Session 3 - Risk management the Factor way (there was a sound issues in the recording, a playback is NOT available)   Read More

Webinar with Trade Navigator – Session 1: Why 80 of novice speculators are looking for answers in all the wrong places.

  • Session 1 - Why 80% of novice speculators are looking for answers in all the wrong places - this post
  • Session 2 - Classical charting principles that really matter
  • Session 3 - Risk management the Factor way (there was a sound issue in the recording, a playback is NOT available)
Read More