173: Trend Trading Tactics – Brent Penfold

Is the trend REALLY your friend? And if so, why do so many trend traders fail? Global futures trader Brent Penfold joins us to discuss trend trading tactics, including: • Why trend trading is so difficult for traders, • Why traders should be careful using indicators, • How to overcome challenging periods in trend trading, • The surprising robustness of really old strategies, • Why bright people struggle in the markets, • Drawdown, risk, position-sizing, volatility cycles, data mining, and much more.   Disclaimer: Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.