Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

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

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

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


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

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

ratings:
Length:
48 minutes
Released:
Mar 7, 2022
Format:
Podcast episode

Description

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!  
Released:
Mar 7, 2022
Format:
Podcast episode

Titles in the series (100)

My name is Etienne Crete, and I love the idea of trading Forex for a living but I was fed up with the non-applicable tips and sayings that get you nowhere. So I created a place where aspiring Forex traders can learn a solid process that will get them results and won’t let them down. The Desire To Trade Podcast has for goal to help you develop Forex trading skills for more freedom. I interview successful traders from around the world. My focus is on providing you with lessons from my personal trading experience and my conversations as I trade and travel around the globe.