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

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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!