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

420: Full-Time Automated Day Trader Success Story - Ceri Bryans

Sep 18, 2023

Interview with Ceri Bryans, a full-time automated day trader, covers topics like mechanical trading, backtesting strategies, risk management, and the importance of data-driven approach in trading

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Introduction

00:00 • 2min

Exploration of a Simple Automated Trading Strategy with a Psychological Twist

02:26 • 2min

Strategic Trading Approach for Market Success

04:54 • 12min

Exploring Trailing Stop Strategies in Trading

16:53 • 10min

Optimizing Trading Strategies and Risk Management

26:42 • 23min

Trader's Confidence in Data-Driven Approach and Future Video Plans

49:28 • 2min

Full-Time Automated Day Trader Success Story

In episode 420 of the Desire To Trade Podcast, we will be listening to the recording of an interview with professional trader Ceri Bryans, and she shares her full-time automated day trader success story. If you're one of those traders who get bored with backtesting, this interview might change how you see the benefits of backtesting for your long-term success.

The video is also available for you to watch on YouTube.

>> Watch the video recording!

Topics Covered In This Episode

00:15 Introduction
00:50 What's new with Ceri Bryans
02:17 Mechanical trading with MT4, Expert Advisor
02:33 Making the switch from manual to automated trading
04:40 On not preferring a high win rate
05:25 How to avoid fakeouts
06:36 Choosing the right time-frame
07:39 Ceri's backtesting strategy - MUST WATCH! (Video link above)
13:08 Backtesting 4 targets
14:14 Testing the NASDAQ on a 30-minute chart
26:05 Why should you do a backtest?
26:37 Backtesting manually or automatically?
30:41 The optimizing stage
34:40 Deciding on the risk per trade
37:47 Overestimating how much you're willing to lose
41:29 Advice for people who don't have time for backtesting
45:02 Difference between live and backtesting results
49:14 Ceri's thoughts on journaling
50:15 Where to find Ceri Bryans (info below)
and much more

What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!

Desire To Trade's Top Resources

DesireToTRADE Forex Trader Community (free group!)
Complete Price Action Strategy Checklist
One-Page Trading Plan (free template)
Recommended brokers:
- EightCap (preferred Crypto and FX Broker)
- AxiTrader (use our link to get a special bonus)
Desire To TRADE Academy

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How To Find Ceri Bryans?

Email Ceri Bryans

What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!