  We consider smooth solutions of the Burgers-Hilbert equation that are a small
perturbation $\delta$ from a global periodic traveling wave with small
amplitude $\epsilon$. We use a modified energy method to prove the existence
time of smooth solutions on a time scale of $\frac{1}{\epsilon\delta}$ with
$0<\delta\ll\epsilon\ll1$ and on a time scale of $\frac{\epsilon}{\delta^2}$
with $0<\delta\ll\epsilon^2\ll1$. Moreover, we show that the traveling wave
exists for an amplitude $\epsilon$ in the range $(0,\epsilon^*)$ with
$\epsilon^*\sim 0.29$ and fails to exist for $\epsilon>\frac{2}{e}$.
