Diary of a Professional Commodity Trader
The Diary of a Professional Commodity Trader provides a play-by-play diary of Peter Brandt’s 2009 trading, offering an inside look at the difficult process and what it takes to excel at such a demanding endeavor. A long-time trader, Brandt clearly explains his thinking as he searches for the right opportunities and executes trades for 21 weeks. And by utilizing a diary format, he reveals exactly what it's like to trade, communicating the uncertainty that surrounds every trade and the discipline required to make tough decisions in the face of losing money. This reliable guide will reveal the reality of this discipline and provide you with a firm understanding of what it takes to make it work.
"We've all read about the high rollers who go boom and bust, but this book is different. With straightforward prose, practical knowledge and honest counsel, Peter Brandt methodically explains what no one has before: how a dedicated individual can trade for a living. If that is your destination, this is your ticket."
― Robert Prechter, Elliott Wave International
"This book is insanely great. The refreshing clarity this book brings to the table is brilliant. I think this is an amazing, excellent book, one that could help a whole new generation of traders."
― Jack Sparrow, MercenaryTrader.com
"This is the most honest trading book of the last decade. Peter tracks recent trials and tribulations on his path to success dating back to the 1980s. He shares numerous insights into the emotional and technical challenges of trading, right down to his track record over the years. His ultimate success reflects the importance of staying true to a process while still allowing flexibility to modify rules as market conditions change. Anyone desiring longevity in the business really needs to read this book."
― Linda Raschke, trader, President of LBRGroup, Inc., and coauthor of the bestselling book, Street Smarts: High Probability Short Term Trading Strategies
"Almost every book about trading for a living is either fraudulent or boring (or both). This book is neither. Not only is it a good read for anyone seriously wanting to know what trading is really like, it is also very interesting, mostly due to its real-time, diary format. As someone who has done myself what he describes, I highly recommend it."
― Robert Zellner, independent trader, former director of the Chicago Mercantile Exchange and former CEO,Citicorp Futures Corp.
"Trading is not what most people think it is, as you will find out in this real-life experience from Peter Brandt, a well-seasoned trader. You will learn what he looks for in trades, what tells him to hop aboard and how to get out. Well worth reading!"
― Larry Williams, author and trader, www.ireallytrade.com
"Anyone interested in trading―and not just commodity trading―is going to cherish this book. Brandt's detailed diary is like a great novel, revealing the inner life and character of a trader, revealing the kinds of inner understanding we all need if we hope to navigate an ultimately unknowable future.?traders would do well to try to become, as individuals, more like Peter Brandt."
― Lowell Miller, President and CIO, Miller/Howard Investments, Inc., author of The Single Best Investment
"Insights, observations, and practical information gleaned from over two decades of consistently successful trading performance. A must-read for anyone wishing to enter the world of risk."
― Daniel Chesler, CMT, President, Chesler Analytics LLC
"This book is a must-read for anyone who contemplates being an effective trader.? His exquisite use of charting techniques is spot on."
― Eero Pikat, President, Barchart.com Inc.
"A great book for advanced and beginning traders! The professional trading insights that Peter shares can help traders speed up the progress of their own trading by light years."
― Glen Larson, President, TradeNavigator.com