Secrets of Trading Legend Pierre Andurand

How to Apply to any Market...and RUN

The secret of a great trader, and he is a good trader, is knowing what you have and how you can turn a profit.

Especially when things are not going your way.

Today, I am going to regale you with headlines in sequence so you can see the malarkey being done by the media and a sharp trader.

The context:

2023 The famous oil trader has met his match and is down 50% . He’s concerned that he’s going to have Billy Bob’s character arc in Landman.

(If the joke goes over your head, come over to chat so I can walk you through it.)

What to do?

2024 - Cocoa! Yes, that beautiful brown fruit.

Look how bullish he is and the wonderful write-ups. They all forgot about his nasty 2023.

Let’s throw in shortages for good measure.

????? Now he’s focused on Copper ????

Is it copper or is it cocoa? Of course, the articles just focus on one thing without context, and no one will remember or keep track of what I just did.

????? But wouldn’t you know it, he was selling why you were buying and closes his trade ???

And the liability has now shifted to other traders holding the bag

Post Mortem

There is an even article about this… He probably had no $ of his in the entire time

Now think who else comes on TV along with the Streisand effect on social media, saying similar things, over the past year?

It really doesn’t matter the subject because every year or so you will see this pattern in some market you are interested in.

Something to keep in mind as the New Year begins.

If you would like to dig a little deeper, I added a little more nuance below.

Happy Friday,

Eric