Elliott Wave International | World's Largest Market Forecasting Firm Since 1979
Please Login
   
| What's My Password?
 
 
Alert
May 24, 09:26 AM
Robert Prechter's expanded, 21-page May Elliott Wave Theorist (published monthly since 1979) shows you 23 charts that explain why "The monetary-financial world seems to be setting up for an epic battle." Start your risk-free trial subscription now -- and get your 2nd month FREe >> 

Home > Stocks
(VIDEO) Long-Time Trader Peter Brandt: One Key Lesson in Long-Term Success
Watch Brandt discuss how the markets inevitably "charge tuition" from aspiring traders

By Jill Noble
Tue, 03 Jan 2012 10:00:00 ET
Add to Facebook Add to Twitter Add to Facebook Printer Friendly Get the RSS feed Add to more social media services
Get Elliott wave insights like this article when you sign up for EWI's free email newsletter, The Independent. It will change the way you view the markets forever. Privacy

Most traders' money doesn't survive their mistakes. The statistics are staggering: 80% of traders wash out of the business. Becoming a career trader is a dream that does NOT come true for most people.
 
Peter Brandt's long-term success story is a notable exception.
 
A recent independent accounting audit of 18 years of Peter's trading history verified this stunning fact: During those 18 years, Peter's compounded average annual return has been +41.6%.
 
Put another way, the auditors calculated that, based on Peter's actual performance, each $1,000 of initial capital returned $334,817 during those 18 years. (Read more about his record here >>)
 
Here's some of what he learned along the way: 

 As a young trader, Brandt says he had the good fortune of having two older traders show him the ropes. Fortunately for aspiring traders, Peter believes that mentorship should be continued. He says:  

"As much as I love trading, it's a tough business. I want to teach young traders -- and then hire them. I hope that through my Traders Boot Camps, I'll find that new talent."
 
Peter will only hold two Traders Boot Camp events in 2012. Both are limited to 20 seats. Both will be held in Peter's hometown, the beautiful Colorado Springs, Colorado.
 
Circle these dates:
 
  1. Traders Boot Camp, June 14-16, at the Garden of the Gods Country Club
  2. Traders Boot Camp, October 11-13 at The Broadmoor
Both of Brandt's 2011 Traders Boot Camps sold out weeks ahead of their starting dates. Don't wait: Reserve your seat today >>

Tags: investment decisions, personal finance, prechter, risk management, successful traders, technical analysis, technical indicators, Traders, trading lessons
Rating: - based on [23 rating(s)]
Rate this content: