Cole Petersen · 5 hours ago · 2 min read · Insights via Glassnode IntoTheBlock
Peter L. Brandt entered the commodity trading business in 1976 with ContiCommodity Services, a division of Continental Grain Company. From his start in the commodity industry, Peter’s goal was to trade proprietary funds. But, he first needed to learn the business.
From 1976 through 1979, Peter handled large institutional accounts for Conti, including Campbell Soup Company, Oro Wheat, Godiva Chocolate, Swanson Foods, Homestake Mining and others.
In 1980, Peter founded Factor Trading Co., Inc. In his capacity as CEO, Peter was primarily engaged in trading proprietary capital. Factor Trading also produced market research and managed the trading activities of several large institutional clients. Among Peter’s institutional trading clients was Commodities Corporation (“CC”) of Princeton, NJ, at the time one of the world’s largest trading houses.
In 1990, Peter published his first book, titled Trading Commodity Futures with Classical Chart Patterns.
In 2011, John Wiley and Sons published Peter’s 2nd book, Diary of a Professional Commodity Trader. The book became Amazon’s #1 ranked book on trading for 27 weeks. His first book, Trading Commodity Futures with Classical Chart Patterns, was published in 1990, is considered a classic by many traders.
In 2011, Peter was named among the 30 most influential persons in the world of finance by Barry Ritholtz’ web site, The Big Picture.