Home»Getting Organized»077: The Universal Principles Of Successful Trading – Brent Penfold

077: The Universal Principles Of Successful Trading – Brent Penfold

1
Shares
Pinterest Google+

Brent Penfold: The Universal Principles Of Successful Trading

In episode 77 of the Desire To Trade Podcast, I interview Brent Penfold, a futures trader based in Sidney, Australia.

Brent began trading when he joined Bank America as a trainee dealer in December 1983. It didn’t take much time for him to become fascinated with the markets.

These days, Brent is a licensed Futures Adviser, specializing in trading index and currency futures, but also trades a diversified portfolio of 16 markets across 8 market sectors. What’s most interesting about his trading style is that he is usually done trading by 9:30 am and has the rest of the day to concentrate on his research.

I personally found out about Brent as I came across his book The Universal Principles Of Successful Trading, which I’d highly recommend.

For this new year, I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews.

Share This!

The best loser is the long-term winner. Embrace that! - Brent Penfold Click To Tweet Understand the risk of ruin, make it 0% & learn to be the best loser. - Brent Penfold Click To Tweet

In This Episode, You’ll Learn…

  • What are the universal principles of successful trading
  • What is the principle of maximum adversity & how to use it.
  • The single best measure you need to calculate about your trading.
  • The common sayings in trading that aren’t true.
  • Brent’s opinion on discretionary trading.
  • Brent’s simple trading routine (to be done by 9:30 am).
  • Why you must step away from the screen.
  • Why you need to stop researching for strategies.
  • 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!

Brent Penfold’s Books

The Universal Principles of Successful Trading: Essential Knowledge for All Traders in All Markets

Trading the SPI: A Guide to Trading Index Futures in Australia

DesireToTRADE’s Top Resources

How To Find Brent Penfold?

About The Desire To Trade Podcast

1 Comment

  1. Johann Schonfeldt
    February 9, 2017 at 1:19 am

    Great Podcast Boss,,,Once again i have realized that i have to Focus on Money Management and Risk Reward Ratio!!!
    Brilliant Info,,,,God Bless!!!!!