48 Years of Trading Lessons with Market Wizard Peter Brandt

Access the presentations of all 24 experts from the 2023 TraderLion Conference. Learn from top traders, hedge fund managers, trading psychologists, and more - https://go.traderlion.com/uinE0 📘 Get your FREE 115-page Ultimate Trading Guide: https://go.traderlion.com/uihtc 🔍 Next-Generation Stock Screener: https://go.traderlion.com/uihtj 📈 Trade With IBKR: https://go.traderlion.com/IBKR What does it really take to survive—and thrive—in the markets for nearly five decades? In this masterclass, Market Wizard Peter Brandt shares the hard-earned lessons from 48 years of professional trading. From blowing up early accounts to building a world-class performance record, Peter reveals the real secrets behind consistent profitability: risk control, emotional discipline, and the power of letting winners run. 🔍 What You’ll Learn in This Video: ✅ Why trade selection matters far less than risk and trade management ✅ How Peter uses classical chart patterns to find asymmetric opportunities ✅ The key metrics that actually predict long-term success ✅ Why the Pareto principle (80/20) is at the core of every great trading system ✅ How to control emotions and avoid reactive trading decisions ✅ Why cutting losses and managing expectations is the foundation of a trading career This is a rare opportunity to learn from one of the most experienced traders in the world. If you want to sharpen your risk mindset, refine your execution, and understand what truly drives trading success, this session delivers timeless insights from a true market veteran. You can follow Peter on Twitter/X: https://twitter.com/PeterLBrandt Enjoy! - The TraderLion Team ----------------------------------------------------------------------------------------------------------------------- Stay in touch: Follow us on Twitter: https://www.twitter.com/TraderLion_ Like us on Facebook: https://www.facebook.com/TraderLion Our Blog: https://www.traderlion.com/blog/ ----------------------------------------------------------------------------------------------------------------------- Timestamps: 00:00 – Introduction to Peter Brandt and his 48-year trading journey 01:47 – Trading philosophy: Why trade selection is overrated 04:18 – Early years: Learning curves, blown accounts, and discovering classical chart patterns 06:04 – Launching Factor Trading and long-term performance insights 08:29 – Drawdowns, humility, and the emotional side of trading 09:43 – Peter’s trading style: Futures, classical patterns, and swing trading 12:50 – Real trade examples and how he structures entries and exits 14:04 – Rules-based approach and emotional discipline 16:04 – Why charts don’t predict and what they’re actually useful for 17:25 – Trade identification vs. trade and risk management 19:19 – Daily trading process and managing expectations 22:29 – Emotional control: How Peter avoids reactive trading 24:28 – Deep dive into probability, risk, and why most traders fail 28:23 – The importance of loss management and the Pareto principle 31:27 – Letting winners run: How Peter defines and handles big trades 34:37 – Metrics that matter: Forget win rate and Sharpe ratio 36:59 – Final performance insights and closing thoughts on trading mastery #PeterBrandt #TradingLegends #StockMarket Key Resources: TraderLion Podcast: https://go.traderlion.com/uihtd 2023: Annual Trading Conference: https://go.traderlion.com/uihte TraderLion Courses: https://go.traderlion.com/uihtf TraderLion Podcast | Season 2: https://go.traderlion.com/uihtg The Lion’s Den: https://go.traderlion.com/uihth The TraderLion Conferences: https://go.traderlion.com/uihti TraderLion: https://go.traderlion.com/uihtk TraderLion Podcast: https://go.traderlion.com/uihtl TraderLion Podcast | Season 3: https://go.traderlion.com/uihtq Stan Weinstein Stage Analysis Masterclass: https://go.traderlion.com/uihtr