Episode Details

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Connect with our guests:

https://x.com/peterlbrandt

https://www.peterlbrandt.com

https://brandtp.substack.com

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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 Words of Rizdom:

https://instagram.com/wordsofrizdom

https://twitter.com/wordsof_rizdom

https://www.instagram.com/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. We are not personally affiliated with any of the guests featured in our episodes. Our role is solely to interview them and share their insights, experiences, and expertise. The views expressed by our guests are their own and do not necessarily reflect the opinions or endorsements of Words of Rizdom. Always carry out your own research and seek professional advice before making decisions based on the content shared.

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