Listen to the audio episode:
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!
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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!