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Peter Brandt, founder and CEO at Factor LLC, recounts his experience with the bankruptcy of MF Global, where he held a futures account.
Brandt expresses continuing frustration with what he describes as persistent corruption and unresolved issues within the industry, referencing the deep-rooted problems that remain beneath the surface.
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Brandt has previously cautioned that most new traders face several years of losses or break-even results, urging strict risk controls and reduced position sizes in his analysis of early trading losses. In recent commentary, he also observed that silver’s performance lags historic bull market cycles, noting its proximity to recent highs compared to multiyear rallies in the past. These observations add context to Brandt’s ongoing critiques of industry practices.