Diary of a professional commodity trader : lessons from 21 weeks of real trading

A top trader takes you through the markets and revels how he succeeded In Diary of a Professional Commodity Trader, Peter Brandt provides a play-by-play diary of his 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. Along the way, Brandt touches upon his philosophy on speculation, market analysis, trade identification and selection, risk management, and much more. Fully discloses the methods and rules the author has used to trade so successfully for so many years. Each trade include charts, an analysis of the trade, and a play-by-play account of how the trade unfolds Brandt examines all his trades and keeps a running account of his profits and losses. Unlike most trading books, which tell people how to trade, 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.