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340: Creating A Winning Trading Strategy (Ultimate Process!) - Brent Penfold

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

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Strategies That Are Complex Are Not Perfect

strategies that are complex usually have fragile equity curves. And in terms of the metrix, it's very profitable tho total strategy write. But there are something that you and i would not really feel comfortable with That's got a very high average stop being abt two and a half to three%. So it's not perfect. Whatever you come up with, i needs to beat that. You neednot understand how markets work, so that what you're attempting to do is sympathetic and alined with how the markets behave. Don't go against the grain. A simple example is, we know if you look at the distribution of daily price ot price changes, that prices do not follow a normal distribution

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