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The Factor Report
@PeterLBrandt
Premier site for classical chart analysis of futures markets. Trader for five decades. Market Wizard. Author. Membership Factor Report
가입 February 2011
2.2K 팔로잉 중    1.4M 팬
Market speculation is NOT about markets and prices and trading hours and margins and charts and government reports Have any of you figured this out yet or is the con still sending you down the "road of easy answers"?? Markets are all about redistributing wealth from the many to the few (of course, not in every market every year) The real game is played in the upstairs private poker room (commercials, reportable specs) You and I (5 to 20 or so futures contracts a trade) do not even count. We are peons. Ants viewed from space That the avg spec has not figures this out yet is the reason that fewer than 3 in 1,000 who try make it People whine about their losers. If is always a story of coulda, woulda, shoulda or the latest gimmick in charting or a bad government report. Anyone who believes these fables deserve to lose their money. Seriously, that is my view. Every once in while I see on X a post by someone bragging about the hypothetical profits they made from the "sim trade for a fee" scam. The sooner a retail speculator realizes that trading stocks and commodities is just a huge computer game the better. I view long term holds in quality companies as an investment. Being married to my wife of 58 years is an investment. Not having debt is an investment of sorts. Anyway, this is how I think about it Peter Brandt Founder and CEO, Factor LLC and The Factor Report [As a personal note from me regardless of what you do with your money, surrendering my heart and soul to Christ was the ultimate investment whose dividends will never end.]
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