Walter Peters Biography, Career, Net Worth, and Key Insight
Walter Peters’s Profile Summary
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Company
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Apple Inc. |
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Position
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Co-founder, Former CEO |
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Source of wealth
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Trading profits, book sales (Naked Forex), educational programs (e.g., Naked Trading Mastery Course), consulting and mentoring |
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Also known as
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Author, Podcast Host, Trading Educator |
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Years of life
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01.01.1970 - 05.10.2011 |
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Education
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University of California, PhD in Psychology |
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Citizenship
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United States |
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Residence
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Sydney, Australia |
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Family
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No publicly available details. |
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Website, Social Media
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https://x.com/walterpeters |
Biography
Walter Peters, PhD, is a professional Forex trader known for his unique trading style called "Naked Trading," which avoids technical indicators and focuses solely on price action. Holding a doctorate in psychology, Peters initially worked as a jury consultant in the United States before transitioning to full-time trading in the late 1990s. His journey into Forex began when a close friend convinced him to explore trading, which led him to a new career that allowed him to move to Australia and combine his passion for surfing with his trading activities. Peters is widely recognized for his educational contributions to the trading community, particularly through his co-authored book Naked Forex: High-Probability Techniques for Trading Without Indicators, which has become a popular resource for traders worldwide. In addition to writing, Peters actively teaches traders through his online programs and the Think Profit Podcast, emphasizing the psychological aspects of trading and the importance of understanding market behavior. He has mentored numerous traders, advocating for hard work, back-testing strategies, and developing a personal trading approach rather than relying on technical indicators-
How did Walter Peters make money?
Walter Peters makes money in the following areas:
Trading profits, book sales (Naked Forex), educational programs (e.g., Naked Trading Mastery Course), consulting and mentoring
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What is Walter Peters net worth?
As of 2026, there is no publicly available and reliable information regarding Walter Peters’s net worth.
What is Walter Peters also known as?
Walter Peters is known for his role as an author, having co-written the well-regarded book Naked Forex, which focuses on trading without technical indicators. He is also a podcast host for the Think Profit Podcast, where he shares insights into trading psychology and market strategies. Additionally, Peters is a respected trading educator, running online programs such as the Naked Trading Mastery Course, which has helped traders worldwide adopt his unique price-action trading approachProminent achievements
Co-author of the popular book Naked Forex, recognized for pioneering the naked trading method, widely followed for his trading education programs and mentorshipsTrading Strategy
Walter Peters uses a pure price action approach in Forex, trading without indicators and relying solely on candlestick behavior at key market levels. His preferred setups include pin bars, inside bars, and engulfing patterns that form around support, resistance, or trendline zones. Peters uses higher timeframes (daily/4H) for directional bias and drops to 1H or 15M for execution. He teaches traders to think probabilistically, control risk tightly, and stay emotionally neutral. A strong advocate of trading psychology, Peters emphasizes meditation, mindset training, and habit-building alongside technical skill.
What are Walter Peters’s key insights?
Walter Peters emphasizes simplicity in trading by avoiding technical indicators, focusing on price action, and advocating for self-awareness and psychological discipline. He believes in continuous self-improvement, the importance of back-testing trading strategies, and hard work over relying on "quick money" approaches
Personal life
Walter Peters maintains a private life, and details about his family are not publicly shared.
Useful insights
Essential books for stock and Forex traders
These essential books provide traders with timeless strategies and practical knowledge to build a strong foundation in stock and Forex markets, and enhance trading success.
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Alexander Elder - "Trading for a Living"
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Summary:
Elder’s book is a comprehensive guide that covers the mental, technical, and risk management aspects of trading. It combines psychological discipline, effective trading strategies, and money management techniques to help traders build a sustainable career.
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Why read it:
It is a great starting point for beginners and a valuable resource for experienced traders who want to refine their approach. Elder's focus on the psychology of trading is particularly useful for developing discipline and avoiding common emotional pitfalls.
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Jack D. Schwager - "Market Wizards"
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Summary:
In this classic work, Schwager interviews some of the world’s most successful traders, uncovering their strategies, mindsets, and trading philosophies. The book provides a rare glimpse into the minds of top traders across various markets, including stocks, Forex, and futures.
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Why read it:
Learning directly from legendary traders can help you adopt proven strategies and avoid costly mistakes. The interviews offer timeless insights that can benefit both novice and seasoned traders.
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