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 * DesireToTRADE Forex Trader Community (free group!) * Complete Price Action Strategy Checklist * One-Page Trading Plan (free template) * Recommended brokers: + Pepperstone (special signup offer) + AxiTrader (use our link to get a special bonus) + EightCap (preferred Crypto and FX Broker) * Desire To TRADE Academy
About The Desire To Trade Podcast * Subscribe via iTunes (take 2 seconds and leave the podcast a review!) * Subscribe via Stitcher * Subscribe via TuneIn * Subscribe via Google Play * See all podcast episodes
How To Find Brent Penfold? * Website
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!