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The Reality of Profitable Full-Time Trading – Brent Penfold
In episode 413 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Brent Penfold, discussing the reality of profitable full-time trading. Are you on the verge of losing capital? You're about to hear the best advice about risk management and full-time trading.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode
- [00:15] Introduction
- [00:56] What's new about Brent?
- [04:39] How to avoid making your drawdown worse
- [09:27] Brent's advice for beginner traders on minimizing losses
- [15:30] Evidence-based trading
- [21:15] On strategies that don't perform as expected
- [26:18] Learning to trade multiple systems
- [35:44] Taking discretion off of trading
- [37:53] Looking at a 10-year period in the market (video link above)
- [42:29] Euro example (must watch – video link above)
- [48:55] Where to find Brent Penfold (book links below)
- and much more
What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!
Desire To Trade's Top Resources
- DesireToTRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist
- One-Page Trading Plan (free template)
- Recommended brokers:
- Desire To TRADE Academy
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How To Find Brent Penfold?
Brent's books:
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
