Peter Brandt® - TELEGRAM CHANNEL
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Channel 'Peter Brandt®' focuses on classical music, cosmetology & beauty professionals, books & literature, children's literature, e-books and you may subscribe to this channel by clicking the "Open" button (opens in Telegram App).
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Peter Brandt® CHANNEL WIDGET
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Peter Brandt® CHANNEL DESCRIPTION
Owner Description
Trader of classical charting principles since 1980. Author, #1 Amazon trading book Diary of a Professional Commodity Trader.
Peter Brandt® channel is growing at a rate of 0% and has a potential to reach 1397 people. Advertisers can reach out to the channel admin for any advertising opportunities within this channel.
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Peter Brandt® CHANNEL PREVIEW
@PeterLBrandt
:
$BTC may correct further but prices have NOT topped
@PeterLBrandt
:
During the 2015-2017 bull market in Bitcoin $BTC, there were 9 significant corrections with the following averages:
37% decline from high to low
14 weeks from one ATH to the next ATH
Since the early Sep low there have been two 10% corrections
@PeterLBrandt
:
Dead cat bounce after 32 straight red days. The best trading practice is to be long the strongest member of a category when long, short the weakest when short. Don’t be long the weakest hoping upon hope to catch up $xrpbtc
@PeterLBrandt
:
There is only one sure way to learn how to trade speculative markets
Endure enough losing trades while keeping your capital somewhat intact
Traders learn through losses
The worst thing that can happen to a young trader is that he/she starts off with big wins
@PeterLBrandt
:
Bitcoin's closing price in Oct was within dollars of the highest monthly close EVER. $BTC
Why do monthly prices matter?
B/C month-end asset valuation is how institutional participants appraise their holdings & investments.
@PeterLBrandt
:
Bitcoin -- IF the current gains hold through end of Oct -- is poised for the second highest monthly close ever
$BTC
Institutions are increasingly involved in Bitcoin ownership
Institutions mark the value of their assets monthly
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