Prop Firm Traders NEED To Hear This Warning - Peter Brandt

On this episode of the Words of Rizdom podcast we are joined by Peter Brandt. Peter is a 50 year trading veteran that began his journey in the markets in 1974. At the height of his career he build his trading capital up to $10 Million dollars and has placed over 25,000 trades in his lifetime. In the podcast we discuss his controversial takes on the modern day retail prop firms, why day traders are less successful than swing or position traders and he also shares the secret behind his strategy that allowed him to become an 8 figure trader.
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Connect with our guests:
https://x.com/peterlbrandt
https://www.peterlbrandt.com
https://brandtp.substack.com
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Connect with Words of Rizdom:

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  / realriziqbal  
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Timestamps:
00:00:00 Introduction to Peter Brandt - Market Wizard
00:17:41 Overcoming Inner Demons in Trading
00:26:19 Building a Career as a Trader
00:39:53 Building a Strong Trading Foundation
00:46:47 The Importance of Meticulous Trading
01:00:57 Navigating Bitcoin Trading and the Bear Trap
01:07:43 Managing Trading Anxiety and Account Balance
01:30:30 Understanding Chart Patterns and Trading Styles
01:39:51 Trading Process Over Perfection
01:49:38 Encouragement for Aspiring Traders
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Disclaimer:
The content on Words of Rizdom is for informational and educational purposes only and should not be considered financial, investment or trading advice. I am not a licensed financial advisor, and the strategies, opinions, and commentary shared are based on personal experience of the respective guests. We are not personally affiliated with any of the guests featured in our episodes. The views expressed by our guests are their own and do not necessarily reflect the opinions or endorsements of Words of Rizdom.

Trading and Investing involves risk, and you should always do your own research or consult with a qualified financial professional before making any investment decisions. You are solely responsible for your financial decisions. This channel and its creator are not liable for any loss or damage arising from the use of information presented in videos.
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