Creating A Winning Trading Strategy (Ultimate Process!)
In episode 340 of the Desire To Trade Podcast, Etienne sits down with Brent Penfold to discuss his process for creating a winning trading strategy in any market (Forex, stocks, futures, crypto, etc.). You'll find out how to create a profitable trading strategy like a pro!
Let's get started!!!
Listen to Brent Penfold's previous interview (2020)
Watch the video interview here
In This Episode, You'll Learn...
- 0:15 Introduction
- 0:39 Brent talks about his new book "The Universal Tactics of Successful Trend Trading"
- 2:50 How does Brent recommends traders to start learning
- 6:10 How can you use Risk of Ruin in your trading
- 14:43 How to develop a profitable strategy, step by step
- 25:14 The 2 keys of a profitable strategy
- 25:38 How to measure strategy robustness
- 30:16 Why Brent looks to trade the same in all markets
- 32:15 The 3rs step of a profitable strategy (sensitivity analysis)
- 37:38 Last step before trading a strategy live (test procedure)
- 39:18 Recap: How to build a profitable trading strategy
- 40:46 Should you trade discretionary or code all your strategies
- 44:48 Where to find Brent Penfold
- And much more!
What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!
DesireToTRADE's Top Resources
About The Desire To Trade Podcast
How To Find Brent Penfold?
What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
