47 min listen
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)
DTTP 010: The Story Of A Hard Working Trader w/ Akil Stokes: For a long time, Akil Stokes struggled to make money in trading. He started right out of college, being unemployed. Today, he can be found almost everywhere online, teaching traders how to succeed in trading. So many things were covered in the... by Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders