Born in Hamburg, Peters received his professional training in the school for classical dance by Mariska Rudolph, Hamburg (former ballet master at the Deutsches Schauspielhaus), Hungarian Court Opera Budapest, in the opera ballet school of Alexandra Fedorowna-Fokine (Opera Nationale Riga; formerly: Imperial Theatre of Petersburg), in the Laban school in Hamburg (director: Albrecht Knust) and in the school for acrobatics and tap dance of Donald Winclair (USA/Hamburg).
He was a dancer at the Hamburg State Opera (then City Theatre) and in Aachen; solo dancer and assistant ballet master in Saarbrücken; training master and choreographer of travelling variété stages (for dance artistry and classical dance); training master in step and acrobatics for members of the Copenhagen Pantomime Theatre.
[1] Military service from 1939 to 1945 (as a lance corporal) with a shot in the stomach, foot injuries and imprisonment ended his career as a theatre dancer.
From 1946, he was a teacher in Hamburg, from 1965 to 1979 a lecturer and co-director, later director of the Cologne Institute for Stage Dance of the Hochschule für Musik und Tanz Köln and Rheinische Musikschule, where he also taught Kinetographie Laban and expanded the Pedagogical Seminar.
[2] Peters founded the private dance archive in 1948, which was taken over by the SK Stiftung Kultur [de] in 1986 as the Deutsches Tanzarchiv Köln.