PETER BRANDT CFA MAGAZINE interview October 2018

CFA Institute Magazine 08 October 2018

Why Self-Sabotage Is the Greatest Trading Risk

Nathan Jaye CFA

A successful career as a trader requires “a tremendous respect for risk,” says proprietary trader Peter Brandt.

Key Points

  • Traders are their own worst enemies, so guarding against self-sabotage is critical.
  • One way to manage self-sabotage is by turning negative character traits into positive behaviors.
  • The importance of trade identification is overrated. The most important part of trading is protecting trading capital.
PETER BRANDT CFA MAGAZINE interview October 2018