Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading
- Downloads：4379
- Type：Epub+TxT+PDF+Mobi
- Create Date：2021-09-14 06:54:02
- Update Date：2025-09-06
- Status：finish
- Author：Peter L. Brandt
- ISBN：0470521457
- Environment：PC/Android/iPhone/iPad/Kindle
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Summary
Trading is generally far more difficult in practice than in theory。 The reality is that no trade set up or individual trader or system can identify profitable trades in advance with complete certainty。 In A Year of Trading， long-time trader Peter Brandt reveals the anxieties and uncertainties of trading in a diary of his 2009 trades。 He explains his thought process as he searches for trading opportunities and executes them。 Each trade includes charts， an analysis of the trade， and a play-by-play account of how the trade unfolds。
Reviews
Audrius
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Being new in commodities and trading is quite hard， however this book gives good insights of a trading techniques。 Filled with selected examples， signals and reviews the book gives sufficient knowledge in a straightforward talking manner。 Would definitely recommend to anyone who is starting on their trading path or eager to see what other traders came up with。
John
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Overall a good book。 However， the author could have written it under 200 pages。 A picture is worth thousand words。
Jacqui Allen
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This book had some interesting components and may be helpful to some traders （particularly those with a penchant for classical chart patterns） but I found it to be a little tiresome as I think so many of these patterns can only be appreciated after the fact （hindsight bias）。 But I applaud the author for opening up the inner-workings of his trading enterprise。
Vitalijus Sostak
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One of RARE gems in trading/speculating literature！Numerous authors spill the ink about general principles， philosophy， abstract advice or other things related to the topic。 This book is designed around cold numbers: an six-months ex ante experiment in trading， presented in a form of diary。 Yes， P。 Brandt gives the readers few introductory chapters on his beliefs and principles （they're interesting and important， too！）， but majority of the book is in essence a trading diary， explaining in detail One of RARE gems in trading/speculating literature！Numerous authors spill the ink about general principles， philosophy， abstract advice or other things related to the topic。 This book is designed around cold numbers: an six-months ex ante experiment in trading， presented in a form of diary。 Yes， P。 Brandt gives the readers few introductory chapters on his beliefs and principles （they're interesting and important， too！）， but majority of the book is in essence a trading diary， explaining in details and numbers entry logic， setups， risk management and exits。I found this insight extremely interesting and found authors personality likeable， too。 His personal trading experience in futures markets also gives this book a lot of respectability: 30+ years in markets with 22+ years actively trading and earning average +68% annual return （average worst drawdown: -15%， worst year: -5%）。He trades classic chart patters， which I always found too arbitrary， but there's a lot to learn from this book about how decision-making process， mentality towards trading and risk management looks like after decade-long honing。 。。。more
Russ
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Would you like to look over the shoulder of a professional futures trader？ If no， avoid this book。 Yes or maybe？ This is a good book to read。 The author painstakingly retells his trades over several months。 He provides some solid advice along the way。
Alvin Lim
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