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Better System Trader

212: Trading Triumphs - Brent Penfold's Journey to Success

Nov 22, 2023
Trading veteran Brent Penfold shares his journey, from a chance encounter that launched his career to the mentorship that saved him from trading pitfalls. Topics include unexpected opportunities, the importance of mentorship, transitioning to systematic trading, backtesting, and the value of transparency and accountability in trading.
01:10:00

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The importance of mentorship in navigating the trading landscape.
  • Transitioning from discretionary to systematic trading is a significant turning point.

Deep dives

The Importance of Getting a Job in an Institution

The speaker emphasizes the advantages of getting a job at an institution to learn about trading. They suggest that institutions have resources to teach you and provide valuable mentorship. They recommend finding someone who actually trades and can guide you through the learning process.

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