Peters Brandt.

Premier site for classical chart analysis of futures markets.
Trader for five decades. Market Wizard. Author.
Membership Factor Report

[The Factor Report @PeterLBrandt]

First interest rates
Next Crude Oil???

Will Trump soon be thumped

[The Factor Report @PeterLBrandt]

Interest rates
The world's central bank emperors have no clothes

[The Factor Report @PeterLBrandt]

Hey X followers
Read this X post from May 12 and then decide if paying about $1 per day for the Factor Service is worth the money
https://t.co/gDeM5nTRIY
https://t.co/3qgDl8jU1o

[The Factor Report @PeterLBrandt]

#factormembers Recent posts on the Member Site - https://t.co/8UN96ipC0S || Join the Factor Community https://t.co/pAtRYgER1y

[The Factor Report @PeterLBrandt]

Newly interested in commodity markets?

Well, beware

Speaking as a 51-year veteran of futures market trading -- it is overwhelming to me how many johnny-come-latelies I am seeing on X and in my email box

They are now showing raw material charts, such as grains, that are many months into bull markets, acting as if they discovered futures trading

There are new services popping up daily to share all their "secret sauce" for trading raw material markets

The real problem is that they think the secret sauce is in their charts. In fact, trading futures successfully has little to do with the ability to read a chart

Success in raw material speculation is about risk and emotional management and their new chart discoveries have little to add on these challenges

What is the "tell" for me to know a charlatan? There are many, but the main one is their claims of "Up 150% on ABC, or 4X profits on XYZ." So, if being "right" or big profits is their lead card, then you need to turn and run from them as fast as you can.

[The Factor Report @PeterLBrandt]

The Factor Report™️ does NOT make predictions
We present possibilities
The weekly chart of $SOL now presents a 14-week rectangle
If it is a continuation rectangle with downside BO, then the 43.70 target from the massive H&S top will be confirmed

[The Factor Report @PeterLBrandt]

Patrick, super nice chart. Strong correlation, especially during key periods like 2008 crash, 2020 Covid, 2022 inflation cycle

[The Factor Report @PeterLBrandt]

On May 4 The Factor Report alerted members to a pending collapse of the 30- Yr T Bond futures
The decline has begun
The trade we have entered has a possible 16 to 1 Reward-to-Risk ratio
Apologies for being in your stream if those types of trades do not interest you
https://t.co/Bq1PhjnRHa

[The Factor Report @PeterLBrandt]

Commodity inflation???

Probably nothing. $DBC

[The Factor Report @PeterLBrandt]

Great comment

[The Factor Report @PeterLBrandt]

Another great call out buy JK

[The Factor Report @PeterLBrandt]

"$10,000 into $30,417 in a month"
"18 of last 20 trade are winners"
"257% in last three options trades"

What do I think of when I see such claims on X or in a slick email?

Scammers!!!!!
Amateurs!!!!
Trolling for retail suckers!!!!!

What's the giveaway?

A couple of things stand out to me.

First, these slick willies do not know how to compute performance

Professional traders never report the outcome of a trade against the margin or cost of the asset or options cost

Anybody who reports performance with such language is trying to separate you from your money

Performance must ALWAYS be expressed as a percent of TOTAL NOMINAL CAPITAL

And winners alone must never be reported without proper disclaimers

So, if you fall for such schemes and lose your money -- you only have yourself to blame

[The Factor Report @PeterLBrandt]

Putting profitability into perspective

Two things for all retail traders to remember

1. Less than two in 1,000 retail traders will put in huge numbers (100%-plus) year after year in the future
2. The very best professional investors/traders (the Stan Druckenmillers of the world) average only slightly more than 40% per year

Yet, some schmuck wants you to believe they did 300% last month

[The Factor Report @PeterLBrandt]

LOVE THIS PHILOSOPHY
This is the way to become a multi millionaire

[The Factor Report @PeterLBrandt]

Hypothetical question for my followers who invest/trade in crypto, equities, futures, FX, whatever

Assume you have a $1 million speculative account -- actual money

You see a trade you like

How much of that $1M are you willing to lose on that trade? I am talking about the max loss, not the size of your investment in the trade.

[The Factor Report @PeterLBrandt]

These are the markets I trade

[The Factor Report @PeterLBrandt]

Dear readers
I've survived trading futures markets for 51 years
Is there anyone out there interested in how I was able to support my family and build a net worth as a trader?
Reply with a like if you are interested ❤️
Otherwise we will assume you a trader who has all the answers

[The Factor Report @PeterLBrandt]

The weekly chart of $UNG is forming a possible double bottom
But beware, Nat Gas is called the "Widow Maker" for a reason
Trade at your own risk -- this is NOT a trade I am doing

[The Factor Report @PeterLBrandt]

Trading lesson
Futures markets wherein the nearby contract is the cheapest and prices increase in deferred contracts have ETFs that will always decline. Being long the ETF of a market with a carrying charge is a losers bet long term.
Periodically a trader can make money with a swing trade long, but over time holding such ETFs is a fool's game

[The Factor Report @PeterLBrandt]

Hey Jim @Upticken
C&H maybe
What say you?