Can't get enough of Tom's presentations on Mindset, can't believe I have spent countless days studying charts back to back yet i remained the same place...in a vicious cycle of win lose win lose....small win...big lose..am drastically making that paradigm mental shift and i can experience it n see it reflected in my charts.
Same same. His video Trading Psychology event, was the eurica moment of realization. Before I rank 1. Trading Edge/Knowledge (Funda/Technical) 2. Trading Psych and 3. Risk Mgt. but I now rank Trading Psych (mindset) as number 1.
I hate the question when he asked " why do you focus all your mental energy on strategies and entries when in reality you should spend time on analysis ing your psychology weakness" Great point.😮
Your book and your videos (and your website too) has changed my life as a trader for the good I will be forever grateful to you Tom. You give and give without asking for nothing. That is true fellowman ship Thanks for your hard work
One of your seminars where you showed us how to just look at the last few candles and forget about the indicators, focus on the here and now. Best advice ever
This guy, I feel like listening to him is generating wealth automatically. He is literally a legend and I've been binge watching absolutely everything he posts. Thank you trader tom!!!
Love the tennis analogies. I’m a clinical hypnotherapist and behavioral counselor and I started day trading in 2020. I began working with traders a while ago helping with mindset and also deeper psychological issues that keep them in the same destructive behavior patterns. Mindset is so important! Everything you’re saying is on point and I really appreciate it. Straight forward, honest and refreshing.
I have tried to embrace this process, of reviewing my trading. Starting about 02Aug2022, I have been fillling out a daily report card of my trading. Since that time, I have only missed two trading days, both were platform issues and I was tilted premarket, so took the day off. I got the idea from Lance Berenstein. I have pre-morning checklists to go through, items I write down while I trade... but the bulk of my work is review afterwards. I record my trading session with OBS, and later review the video. While reviewing, I take snapshots pre-trade, and write commentary while watching the replay. I then upload the video, and link to each trade in my daily report card so it is easier to review again later if I want(I link to the specific time stamp so I when I click the link it goes straight to that trade). I think I have limited control over the ultimate goal of profitable trading, but I have complete control over the PROCESS of getting there. I see this as my 'trader work,' of annotation and review. It's not glamorous, but I hope it pays off.
@@cemdikyol9004 Passed a combine 5 months ago. Only about 3 down weeks total over that 5 month period. A month ago, I started taking payouts, and am actually paying my bills w/trading income. Still tight tho, so I'm still a LONG ways off. Funny you comment today, yesterday was FIRST day where I didn't do any DRC.
What a amazing book you have written "Best loser wins". Your book has changed me totally, Now I add aggressively once position comes in profits but yes, I start slow and don't add till I am not in profit. Thank you. It has surely changed the game with very less loss and more profits.
I've gotten to know a number of successful traders, all having varying levels of technical analysis knowledge. For me, Tom stands out because of the relentless dedication to self-reflective learning that he has. So many good traders acknowledge that psychology is a huge of part of their success, but I believe Tom is one of the extreme few that delves into the understanding of this aspect and is quite open in sharing this with everyone. There's literally thousands of resources out there to teach you technical analysis, but in my opinion, within Tom lies the greatest resource to help anyone become one of the 10% rather than the other 90%. If you don't think this video helps you, you weren't paying attention!
you are a great man Tom, I am 23 and have been trading for 4 years on and off, recently ofund consistencny still building myself up. you remind me of the great Mark Douglas, truly learned to reade from him
Just finishing your book. Started day trading micro S&P futures just over a month ago. Learning a lot about myself so far. Thankfully, I learned not to add to losers. The problem that I have is finding a good setup to get in.
After having lost 7 figs this year. I started to rewatch every video of Tom again. Now starting small, and focus on the losers instead of the winners. You, changed the game. (Secretly hope not too many get to know the mindgame, how will we maintain our edge) 😊
The BRUTAL truth - this is a zero-sum game ( with fee/commission/spread - negative sum game). We have this hope that we can help the community members, Get on the right side of the hard red line. One day when we have to answer for what we did in our lives ... I feel we can say WE TRIED.
As painful as those losses were, they will become truly invaluable. When I began investing I dumped my entire portfolio into a gold stock...and it went up 10X. Then I went to futures, and cluelessly shorted 200 contracts of the Canadian dollar, and it went down 10 cents (I'll let you do the math.) I concluded that this trading/investing thing was easy and immediately quit my job. I had no strategy, no experience and two incredibly lucky trades. It took several years and many, many scars to realize the difference between luck and skill. I ended up alone, sleeping in my car with a street dog I rescued. I eventually became quite successful, but I am convinced I would have been better off starting with small losses rather than major wins. All the best!
Grateful I discovered your channel. Already 4 months into trading and got confused with many concepts and methodologies. I will watch all your uploads on repeat and implement your "thinking" approach into the market, I believe this will shift my trading results. Be blessed Mr. Hougaard 🙏❣️
I admire His effort! Its my belief that you focus on result charts and targets of Market makers. Staying in the game by using the appropriate Lot size in line with your psychological game! And if you cant just automate the parts of the process you are failing in!
What an amazing talk. After 11 months, I have become profitable trader for last 3 months. What an inspiring journey. It's all about psychology. I can relate to your words. Love from India
You are someone who have changed my way of looking world and its problems in a different way.. Now I have a mindset that whatever happens atleast try to solve the problem and not be fearful of it.. Thanks to your book and videos..
I have just recently come across you Tom, I just want to say after watching hundreds of youtube videos and finding alot of scams, and so called educators just wanting to charge a fortune, which by the way I have spent £1000s pounds on courses, I have never come across anyone like yourself. You are the only genuine person I have ever come across on social media.You just dont see this. God bless you.
Absolutely fantastic Tom and a huge thank you:). I'm two solid years into my trading journey and the wisdom in this presentation resonates with me deeply. So glad I have found you and thanks for sharing your knowledge so unselfishly.
Great to have you here 🙏- I am not sure where Tom said this but it is so true. If you want to run a marathon. You don't start running 42 km. If you are in a BAD shape like me you might start with 100 meters, then 200 meters, and 500 meters. Wow, perhaps I can do 1 km then 5 km. And in good time you get to the 42 km. IF you want it enough.
I thought nothing was secret when it came to Tom?!😉😇You WILL get to heaven Tom with that knowledge sharing and your heart in the right place. Your book is unique on several levels and can not only be used to teach one more about trading, the right mindset but also about yourself as a person and life. 📘❤I am grateful of the bottom of my heart. Thx we had nice time in Amsterdam.🤗💝Thank you Tom and Lennie.💙💙
I don’t appreciate you being in my head with this video, but it highlights even more that I have to check myself constantly when trading. Spectacular Video a year later! 👍🏾👍🏾
Tom, you are a big exception, a rare gem, regarding a lot of traders sharing their knowledge on youtube. Basically I take mainly advice from you and another one, KS Trading Crypto. I thank you for every single detail you give us and I will apply those lessons, especially the psycological advice you thankfully give us. Wish you and all traders watching a successfull and happy week!
I'm from the Philippines and this video is an eye opener for me as a trader, i'm still not profitable for the past 2 years because of my mistakes specially not letting my winners run and take half of my profits because of fear. I will watch your other teachings after this. Thank you
Superb teaching.......i come across your book and that is life turning event after 30 yrs of trading and learning technical analysis 🎉 . Everyone should start trading after reading and learning from your book and vedio. I recommended this to my kids as first lesson in their trading journey.
seems my experience from looser (so many times margin call) change to be a better trader now because of you Sir, thanks a lot iam from Indonesia , respect to you . Best regards
You"r the best Tom i was failing to this shit before for 1 year and two months now i start relize and understand all what you saying its true its not trully about price actions or patterns its about you and your mind how you think how you execute trades , i watched video of you yesterday morning how you recover losing trades to break even "secrect of trading video" and more i never thought i do such thing like that after i watched your videos, yesterday i had 3 loses in raw all of them i recover them and get 1:2 even get profits even it didn't went on my favorite i was be able to do that cause of you now i'm trying to start adding yo my wins that's not gonna be easy but i'm gonna make it no matter what i really appreciate everything you give and how honest you are THANKS ♥
now im griding psychology books than technical books due to why i loss for 5 years, you showed me a light in the end of the tunnel and now im seeing end of my humanness in facing failures, pain, fear greed... I am always be grateful thanks Tom you a hero to us traders 😊🎉
Excellent video. I am not sure how i missed this one. You pointed all the mistakes I've been doing in my day trading. it's like there is nothing in an indicator, it's a battle between YOU Vs. YOU. The one who wins.succeeds. Thanks for sharing. I will have to do a lot of ground work before I trade the next time.
Hi Tom, great job. Thanks to you, i now know i came in this industry the wrong way. Instead of rushing, i know i just have to trust the process and enjoy the journey. And as you state, less is more. Thank you for the dedication.
Hello Tom, you definetely inspired a young trader over here. I'm starting a funded challenge in a few months and so far im profiting 10%+ each month. Im hoping to be able to keep this tempo in the challenge and not be affected by the real money scenario.
This is incredible!!! Why? Because it teaches us traders that the candlesticks can be bearish or bullish dependent on following candles and context... You have shared a great deal of knowledge and I am really grateful tom. I absolutely loved the story of kobe... I am someone who keep studying charts or keep learning on youtube and its been 2-3 years. There are so many traders out there doing so amazing. sometimes i wonder if ill ever be profitable or not and is it worth it. But whenever I come across hard working and researchful learners and traders like you, I dont feel alone anymore, its highly inspiring and reassuring.Thanks a lot. Love from India ❤
I studied Gann for years and still do and I can tell you it is not bullshit, it is very exact at it's simplest level and the much more complex level. There was a reason why he was one of the most successful traders in history. But I and I am sure he as well would totally agree that all roads lead to the same end. And we know there are people that can be very successful with a totally naked chart. Everyone has their own creative way that will work for them. I use pieces of Gann's work combined with stuff I learned from many others and now I am going to look and see how you approach trading and there may be a piece of it that will work with my style so appreciate all that you share. I am a consistent winner but forever a student of trading so love reading your book and watching what you do.
This is an Excellent setup which was hidden until now. Great ways to observe and learn from past experiences. You’re special trader & very fine teacher Cheers Tom
haha, the pattern example u gave at 20:45 is my favourite pattern is like to use to catch the bottom of market with a small SL for last 6 months. i figured out after 2 years its is seller trap which are against the trend . thanks for this worderful presentation tom .
Tom, @ 21:45 it occurred to me that the same pattern you're referring to happened at 17:00 on your chart, except for a short entry. The doji gapped down and then two hammers formed on top of it and down she went.
I’m not a fan of is edge because I’m scalper towards high win rate small take profit style and that’s all it is. But boy do I ever love the knowledge/ wisdom/ intelligence this guy shares with the world . Thank you sir !
thank you Sir, in my long search for educational videos for trading/investing, your videos are the most helpful & one of the best for me, even if you only have 20% winning rate you can still be able to profit. your videos & seminar is one of the best & helpful for us & for me i hope you help many people like us that wants to help our family out of poverty through trading. Thank you & God🙏Bless & more power
wow wow , thanks so much Tom Mentor for another eye opening Presentation , I am so happy and greatfull that I have you as a mentor who shows me right ways of doing things and telling how can I improve myself ... We love you so much and thanks so much for your time and effort . PLZ you also take care of yourself and stay safe ...
Mindset is 98% of successful trading. It took me two days to learn technical analysis, 2 weeks to develop a strategy and the rest is just working on mindset. I was really lucky to have it ready fortunately and I wish you all the same!
Thank you Tom This was absolutely an eclectic presentation. I’m truly grateful for you to putting the work in and bring out such an amazing work of art.
Was watching your video on 14 August, while watching this exact same scenario happened in US went short in Gold and make profit. youtube is not allowing to attach the screen shot. In my opinion when this inside hammer happenes in bullish stock or currency it is irrelevant and if the bullish bar overcome it it made the stock/currency more bullish and in bear trend it is vice versa you can call this bar a trap bar and suddenly if you get the signle of trend continuation go ride the trend. Thanks alot sir I had lot of fear for that bar in my trades now it went away. Thanks again.. Lots of love from Pakistan
Thank you Tom I have made a really big turn in my trades by daily joining your Telegram group used to be very difficult excepting loses but now they come naturally-- I have followed the process, would I do it differently NO, do I get pissed losing --off course but I keep going and bring it all back and closing positive in the day. Before I would give up very early on the day just after a losing first trades and was to scared to get back in the game now I don't sit back any more if I see a shot I will take it . Thank you for being real live day trader thank you for you're daily lessons and jokes---Love it.
❤❤❤❤absolutely the best ever in shining a light to the root cause of all bad trading behavior❤❤❤❤ Thank you for doing the work you do and sharing it with the world !!! Your help goes a loooong way !
I just found your channel. How impressive right from the jump. Thank you for being so genuine in your desire to help us be better at life and trading. 🙏🏻
If i will become a better trader then just because of Tom's videos! And I loved watch Kobe playin too even if i like more Michael Jordan! Anyway, many thanx for the great content Tom!!!
Good evening sir 😁 Extremely humble and educative content, as usual with you. Pleasure to have you guide us on an almost everyday basis. I've learned a lot thanks to you through the last couple of months. And will always be grateful for it 🙏 Have a lovely weekend, I'll forward your speech to my trading friends, huge value in there!! 🔥👌
Thank you but NO that you did for yourself. And reread it a few times. Trading has so little to do with your entries - but has EVERY thing to do with your mind.
@@LennieClausen_dk i disagree, i have learnd the patience and trade managing from tom's channel, but i still have a allot of trouble finding good entrys. finding good entrys is not as easy as you pro's ar saying it is.
It is late Saturday night / very early Sunday morning. I can help you BUT I need to be brutally honest with you - and I don't think you want to see that.
@@johnnybanana8004 locate me on telegram and ping me - I'll get back to you next week with everything you DO NOT want to hear - but will help you if you want to get thou..
Thank you Sir for a very very informative content - really appreciate that you are willing to share your knowledge and experience here so people can improve their lives and their trading skills. Fantastic content, as usual. I come back to this particular talk every now and then to use it as a reminder of how trading should be done :)
Thank you for the wisdom you selflessly share. The mind and its subconscious desire for survival is fascinating. The wisdom you share in your book is essential knowledge for anyone in this game (or any performance endeavor for that matter). Thanks again!
Today I finally went against my natural urges and added to a winning position. It was so uncomfortable that I thought my heart would explode. 😂But it worked. I am excited but humble. I know I just have to keep doing it over and over and slowly it will become a part of me.
Thanks Tom for sharing your knowledge I've seen a big improvement in my own trading as well off a completely different mindset! Your book is on the way! Looking forward to reading it!
Can't get enough of Tom's presentations on Mindset, can't believe I have spent countless days studying charts back to back yet i remained the same place...in a vicious cycle of win lose win lose....small win...big lose..am drastically making that paradigm mental shift and i can experience it n see it reflected in my charts.
That is great to hear 👍
Same with me
Same same. His video Trading Psychology event, was the eurica moment of realization. Before I rank 1. Trading Edge/Knowledge (Funda/Technical) 2. Trading Psych and 3. Risk Mgt.
but I now rank Trading Psych (mindset) as number 1.
Love that you're giving lectures on trading even while washing the dishes, that's dedication! :)
I hate the question when he asked " why do you focus all your mental energy on strategies and entries when in reality you should spend time on analysis ing your psychology weakness" Great point.😮
Your book and your videos (and your website too) has changed my life as a trader for the good
I will be forever grateful to you Tom. You give and give without asking for nothing. That is true fellowman ship
Thanks for your hard work
That is great to hear. Comments like this make it worth our countless hours spend every day.
how does one get the book??
@@SuperLunganibought mine on Amazon
I couldnt put it better myself. No one comes near. He explains the emotional spiritual aspects of trading.
One of your seminars where you showed us how to just look at the last few candles and forget about the indicators, focus on the here and now. Best advice ever
This guy, I feel like listening to him is generating wealth automatically. He is literally a legend and I've been binge watching absolutely everything he posts.
Thank you trader tom!!!
Underrated teacher , maybe even unpopular, but is a golden man.
God bless!
maybe even unpopular? depends on who in the trading industry you asks.
I'm still a beginner. I enjoy ALL your videos. Even the old. They really motivate, inspire and educate. Thank you very much.
Love the tennis analogies. I’m a clinical hypnotherapist and behavioral counselor and I started day trading in 2020. I began working with traders a while ago helping with mindset and also deeper psychological issues that keep them in the same destructive behavior patterns. Mindset is so important! Everything you’re saying is on point and I really appreciate it. Straight forward, honest and refreshing.
Trader's mindset is so undervalued in this industry - why it just doesn't sell as many tickets as the "secret" ema cross for beginners.
are you taking on new clients?
I have tried to embrace this process, of reviewing my trading.
Starting about 02Aug2022, I have been fillling out a daily report card of my trading. Since that time, I have only missed two trading days, both were platform issues and I was tilted premarket, so took the day off. I got the idea from Lance Berenstein.
I have pre-morning checklists to go through, items I write down while I trade... but the bulk of my work is review afterwards.
I record my trading session with OBS, and later review the video. While reviewing, I take snapshots pre-trade, and write commentary while watching the replay. I then upload the video, and link to each trade in my daily report card so it is easier to review again later if I want(I link to the specific time stamp so I when I click the link it goes straight to that trade).
I think I have limited control over the ultimate goal of profitable trading, but I have complete control over the PROCESS of getting there. I see this as my 'trader work,' of annotation and review. It's not glamorous, but I hope it pays off.
I don't know what you trade and how you trade. But I want to give you a BIG 👍for your process. Good Job.
Are you profitable now?
@@cemdikyol9004 Passed a combine 5 months ago.
Only about 3 down weeks total over that 5 month period.
A month ago, I started taking payouts, and am actually paying my bills w/trading income.
Still tight tho, so I'm still a LONG ways off.
Funny you comment today, yesterday was FIRST day where I didn't do any DRC.
What a amazing book you have written "Best loser wins". Your book has changed me totally, Now I add aggressively once position comes in profits but yes, I start slow and don't add till I am not in profit. Thank you. It has surely changed the game with very less loss and more profits.
I've gotten to know a number of successful traders, all having varying levels of technical analysis knowledge. For me, Tom stands out because of the relentless dedication to self-reflective learning that he has. So many good traders acknowledge that psychology is a huge of part of their success, but I believe Tom is one of the extreme few that delves into the understanding of this aspect and is quite open in sharing this with everyone. There's literally thousands of resources out there to teach you technical analysis, but in my opinion, within Tom lies the greatest resource to help anyone become one of the 10% rather than the other 90%. If you don't think this video helps you, you weren't paying attention!
you are a great man Tom, I am 23 and have been trading for 4 years on and off, recently ofund consistencny still building myself up. you remind me of the great Mark Douglas, truly learned to reade from him
Thank you, Tom! You’re so generous, man.
Prince among men ranking?
Just finishing your book. Started day trading micro S&P futures just over a month ago. Learning a lot about myself so far. Thankfully, I learned not to add to losers. The problem that I have is finding a good setup to get in.
22:41 caught me off guard 😂
I had to double check what video I was watching real quick lmao
lmfao - in the end he goes - yeah f** off hahaha
Lol epic
😂😂😂😂😂
OMG AMAZING
After having lost 7 figs this year. I started to rewatch every video of Tom again. Now starting small, and focus on the losers instead of the winners. You, changed the game.
(Secretly hope not too many get to know the mindgame, how will we maintain our edge) 😊
The BRUTAL truth - this is a zero-sum game ( with fee/commission/spread - negative sum game). We have this hope that we can help the community members, Get on the right side of the hard red line. One day when we have to answer for what we did in our lives ... I feel we can say WE TRIED.
As painful as those losses were, they will become truly invaluable.
When I began investing I dumped my entire portfolio into a gold stock...and it went up 10X. Then I went to futures, and cluelessly shorted 200 contracts of the Canadian dollar, and it went down 10 cents (I'll let you do the math.)
I concluded that this trading/investing thing was easy and immediately quit my job.
I had no strategy, no experience and two incredibly lucky trades.
It took several years and many, many scars to realize the difference between luck and skill.
I ended up alone, sleeping in my car with a street dog I rescued.
I eventually became quite successful, but I am convinced I would have been better off starting with small losses rather than major wins.
All the best!
Is 5% a month ok ?
25:21 Create deliberate practice by setting yourself a specific challenge
Grateful I discovered your channel.
Already 4 months into trading and got confused with many concepts and methodologies. I will watch all your uploads on repeat and implement your "thinking" approach into the market, I believe this will shift my trading results.
Be blessed Mr. Hougaard 🙏❣️
What a trading phsicology mastercalss. Thank you Tom for such golden advices.
I admire His effort! Its my belief that you focus on result charts and targets of Market makers. Staying in the game by using the appropriate Lot size in line with your psychological game! And if you cant just automate the parts of the process you are failing in!
What an amazing talk.
After 11 months, I have become profitable trader for last 3 months. What an inspiring journey. It's all about psychology. I can relate to your words. Love from India
GJ YOU did it ...
At point of making profit, what did you do differently that resulted in consistent profit in 3 months?
After Watching your Videos i See my Trading Mindset is Changing and Result are also improving thanks sir
Love From Pakistan ♥♥
You are someone who have changed my way of looking world and its problems in a different way.. Now I have a mindset that whatever happens atleast try to solve the problem and not be fearful of it.. Thanks to your book and videos..
Not only you are the best trader, but you are also the best teacher of trading. You are making a new chapter of trading history.
Thank you for your nice comment 🙏
35:17
37:20
Thank you Tom. I always appreciate your time, your lessons, you pearls of knowledge. You've helped me as a person, and as a trader, tremendously.
I have just recently come across you Tom, I just want to say after watching hundreds of youtube videos and finding alot of scams, and so called educators just wanting to charge a fortune, which by the way I have spent £1000s pounds on courses, I have never come across anyone like yourself. You are the only genuine person I have ever come across on social media.You just dont see this. God bless you.
Absolutely fantastic Tom and a huge thank you:). I'm two solid years into my trading journey and the wisdom in this presentation resonates with me deeply. So glad I have found you and thanks for sharing your knowledge so unselfishly.
Great to have you here 🙏- I am not sure where Tom said this but it is so true. If you want to run a marathon. You don't start running 42 km. If you are in a BAD shape like me you might start with 100 meters, then 200 meters, and 500 meters. Wow, perhaps I can do 1 km then 5 km. And in good time you get to the 42 km. IF you want it enough.
I thought nothing was secret when it came to Tom?!😉😇You WILL get to heaven Tom with that knowledge sharing and your heart in the right place. Your book is unique on several levels and can not only be used to teach one more about trading, the right mindset but also about yourself as a person and life. 📘❤I am grateful of the bottom of my heart. Thx we had nice time in Amsterdam.🤗💝Thank you Tom and Lennie.💙💙
The way he calls out the lady for talking during his presentation is an absolute boss move.
I don’t appreciate you being in my head with this video, but it highlights even more that I have to check myself constantly when trading. Spectacular Video a year later! 👍🏾👍🏾
Thank you Tom. Looking at this late saturday evening when 90% is outside drinking beer.
I will succeed.🙂
same here, i am watching couple of toms vids and seminars.👍
Let’s go !!
Tom, you are a big exception, a rare gem, regarding a lot of traders sharing their knowledge on youtube. Basically I take mainly advice from you and another one, KS Trading Crypto. I thank you for every single detail you give us and I will apply those lessons, especially the psycological advice you thankfully give us. Wish you and all traders watching a successfull and happy week!
Thank you, and have a nice trading week yourself.
One of the most genuine and amazing talk on trading psychology - thank you.
I'm from the Philippines and this video is an eye opener for me as a trader, i'm still not profitable for the past 2 years because of my mistakes specially not letting my winners run and take half of my profits because of fear. I will watch your other teachings after this.
Thank you
Superb teaching.......i come across your book and that is life turning event after 30 yrs of trading and learning technical analysis 🎉 . Everyone should start trading after reading and learning from your book and vedio. I recommended this to my kids as first lesson in their trading journey.
seems my experience from looser (so many times margin call) change to be a better trader now because of you Sir, thanks a lot iam from Indonesia , respect to you . Best regards
Thanks Tom ,got your book ..thanks for being so generous with your knowledge & experience.
You"r the best Tom i was failing to this shit before for 1 year and two months now i start relize and understand all what you saying its true its not trully about price actions or patterns its about you and your mind how you think how you execute trades , i watched video of you yesterday morning how you recover losing trades to break even "secrect of trading video" and more i never thought i do such thing like that after i watched your videos, yesterday i had 3 loses in raw all of them i recover them and get 1:2 even get profits even it didn't went on my favorite i was be able to do that cause of you now i'm trying to start adding yo my wins that's not gonna be easy but i'm gonna make it no matter what i really appreciate everything you give and how honest you are THANKS ♥
now im griding psychology books than technical books due to why i loss for 5 years, you showed me a light in the end of the tunnel and now im seeing end of my humanness in facing failures, pain, fear greed... I am always be grateful thanks Tom you a hero to us traders 😊🎉
Excellent video. I am not sure how i missed this one. You pointed all the mistakes I've been doing in my day trading. it's like there is nothing in an indicator, it's a battle between YOU Vs. YOU. The one who wins.succeeds. Thanks for sharing. I will have to do a lot of ground work before I trade the next time.
Hi Tom, great job.
Thanks to you, i now know i came in this industry the wrong way. Instead of rushing, i know i just have to trust the process and enjoy the journey. And as you state, less is more.
Thank you for the dedication.
You are welcome.
New Year 2024 and I saw this video. Powerful, aha moment for me. Thanks Tom for sharing your insights, I truly appreciate that.
So grateful that I came across your book by mistake - I’ve learned so many valuable things with my trading!!
Mindset!!
By mistake 😉 Can I ask where you heard about the book?
Great to hear that your time wasn't wasted.
Tom you changed my life forever. I’ll reach out to you one day, thank you for everything.
Hello Tom, you definetely inspired a young trader over here. I'm starting a funded challenge in a few months and so far im profiting 10%+ each month. Im hoping to be able to keep this tempo in the challenge and not be affected by the real money scenario.
You deliver your message in a clear and concise way..
This is incredible!!! Why? Because it teaches us traders that the candlesticks can be bearish or bullish dependent on following candles and context... You have shared a great deal of knowledge and I am really grateful tom. I absolutely loved the story of kobe... I am someone who keep studying charts or keep learning on youtube and its been 2-3 years. There are so many traders out there doing so amazing. sometimes i wonder if ill ever be profitable or not and is it worth it. But whenever I come across hard working and researchful learners and traders like you, I dont feel alone anymore, its highly inspiring and reassuring.Thanks a lot. Love from India ❤
You are not alone we are other "nerds". When other people watch a movie we look at charts.
My Sincere appreciation for the invaluable insights ànd true guidance. Thank you Tom Hougaard.
I studied Gann for years and still do and I can tell you it is not bullshit, it is very exact at it's simplest level and the much more complex level. There was a reason why he was one of the most successful traders in history. But I and I am sure he as well would totally agree that all roads lead to the same end. And we know there are people that can be very successful with a totally naked chart. Everyone has their own creative way that will work for them. I use pieces of Gann's work combined with stuff I learned from many others and now I am going to look and see how you approach trading and there may be a piece of it that will work with my style so appreciate all that you share. I am a consistent winner but forever a student of trading so love reading your book and watching what you do.
I wonder if Tom knows how over the top impactful his perspectives are? I ❤ this guy's perspective. It's been incredibly helpful to me.
This is an Excellent setup which was hidden until now. Great ways to observe and learn from past experiences. You’re special trader & very fine teacher
Cheers Tom
Thanks Tom! I always go back to your lessons over and over and thank you for sharing Dr. David Paul's lessons. :)
Best loser Wins is the best book ever read for trading psychology.
Thank you so much for tha delivery.
God bless you.
what a great master of trading and master of teaching us. and as a bonus we get awsome jokes👍
A study plan would be extremely helpful! Thank you for all you do.
Thank you Tom. I need that clear view.
haha, the pattern example u gave at 20:45 is my favourite pattern is like to use to catch the bottom of market with a small SL for last 6 months. i figured out after 2 years its is seller trap which are against the trend . thanks for this worderful presentation tom .
Do you apply it on 5min timeframe?
Tom, @ 21:45 it occurred to me that the same pattern you're referring to happened at 17:00 on your chart, except for a short entry. The doji gapped down and then two hammers formed on top of it and down she went.
I’m not a fan of is edge because I’m scalper towards high win rate small take profit style and that’s all it is. But boy do I ever love the knowledge/ wisdom/ intelligence this guy shares with the world . Thank you sir !
So, what we learn from setbacks is that they will happen and getting used to them makes us better traders. I agree completely
This information must be paid for. This is priceless! Thanks Tom! 🙏
Agree it really should be. Not To mention the next video.
Tom, this video is a gem, not many traders or influencers who call themselves traders discuss about.Thank you for putting this up.
thank you Sir, in my long search for educational videos for trading/investing, your videos are the most helpful & one of the best for me, even if you only have 20% winning rate you can still be able to profit.
your videos & seminar is one of the best & helpful for us & for me
i hope you help many people like us that wants to help our family out of poverty through trading.
Thank you & God🙏Bless & more power
Thank you Tom for being inspirational to us newbies....
Thank you Tom so much for all your hard work sharing your knowledge and experience! You are truly a great trader and teacher!
Absolute freaking Gem. your channel your videos even your words are treasure for struggling traders. Love from Pakistan
This is the best trading video this year if only more trading mentors were like you the forex industry would have been a better place
Thank you 🙏we TRY to do it differently than most channels.
Your videos has helped me so much. Thank you for sharing your knowledge 🙏
wow wow , thanks so much Tom Mentor for another eye opening Presentation , I am so happy and greatfull that I have you as a mentor who shows me right ways of doing things and telling how can I improve myself ... We love you so much and thanks so much for your time and effort . PLZ you also take care of yourself and stay safe ...
Thank you 🙏 Tom sometimes forgets to look after himself in order to help others.
There is something better (in my opinion) than learning from your mistake(s)
Learning from someone else's mistake
Tom, thank you
So truth. And much better for your account.
Great presentation Tom. Always enjoy and appreciate your deep insights into trader development.
Mindset is 98% of successful trading. It took me two days to learn technical analysis, 2 weeks to develop a strategy and the rest is just working on mindset. I was really lucky to have it ready fortunately and I wish you all the same!
U profitable?
Thank you Tom
This was absolutely an eclectic presentation.
I’m truly grateful for you to putting the work in and bring out such an amazing work of art.
Tom - I love your book and this video is solid gold! Thx!
Thanks for sharing. We appreciate your work
tom, thank you for this you really are a great man for talking about the mental side of trading, its the biggest battle.
This video was the most impactul for myself-development not just for trading.
so true and well said "Normal thinking does not lead to profitable trading"....!
Was watching your video on 14 August, while watching this exact same scenario happened in US went short in Gold and make profit. youtube is not allowing to attach the screen shot. In my opinion when this inside hammer happenes in bullish stock or currency it is irrelevant and if the bullish bar overcome it it made the stock/currency more bullish and in bear trend it is vice versa you can call this bar a trap bar and suddenly if you get the signle of trend continuation go ride the trend. Thanks alot sir I had lot of fear for that bar in my trades now it went away. Thanks again.. Lots of love from Pakistan
Thank you Tom I have made a really big turn in my trades by daily joining your Telegram group used to be very difficult excepting loses but now they come naturally-- I have followed the process, would I do it differently NO, do I get pissed losing --off course but I keep going and bring it all back and closing positive in the day.
Before I would give up very early on the day just after a losing first trades and was to scared to get back in the game now I don't sit back any more if I see a shot I will take it .
Thank you for being real live day trader thank you for you're daily lessons and jokes---Love it.
❤❤❤❤absolutely the best ever in shining a light to the root cause of all bad trading behavior❤❤❤❤
Thank you for doing the work you do and sharing it with the world !!! Your help goes a loooong way !
I just found your channel. How impressive right from the jump. Thank you for being so genuine in your desire to help us be better at life and trading. 🙏🏻
Welcome to the channel/community.
If i will become a better trader then just because of Tom's videos! And I loved watch Kobe playin too even if i like more Michael Jordan! Anyway, many thanx for the great content Tom!!!
Good evening sir 😁
Extremely humble and educative content, as usual with you.
Pleasure to have you guide us on an almost everyday basis. I've learned a lot thanks to you through the last couple of months. And will always be grateful for it 🙏
Have a lovely weekend, I'll forward your speech to my trading friends, huge value in there!! 🔥👌
Thank you so much 🙏
And have a nice weekend
Thank you so much Tom doing so much for humanity helping peeps like me!you are Living legend
Before i meet you i was just doing trading for money. Now, i want to do trading to become a good trader
Getting Tom's book for holidays. Literally the least I can do for all the great content!
Thank you but NO that you did for yourself. And reread it a few times. Trading has so little to do with your entries - but has EVERY thing to do with your mind.
@@LennieClausen_dk i disagree, i have learnd the patience and trade managing from tom's channel, but i still have a allot of trouble finding good entrys. finding good entrys is not as easy as you pro's ar saying it is.
It is late Saturday night / very early Sunday morning.
I can help you BUT I need to be brutally honest with you - and I don't think you want to see that.
@@LennieClausen_dk i personaly like any kind of help, specialy from you and tom.
@@johnnybanana8004 locate me on telegram and ping me - I'll get back to you next week with everything you DO NOT want to hear - but will help you if you want to get thou..
Thank You Tom! Again an educational video on a high level. Best Teacher, i say this every time.
🙏
Thank you Sir for a very very informative content - really appreciate that you are willing to share your knowledge and experience here so people can improve their lives and their trading skills. Fantastic content, as usual. I come back to this particular talk every now and then to use it as a reminder of how trading should be done :)
Thank you for the wisdom you selflessly share. The mind and its subconscious desire for survival is fascinating. The wisdom you share in your book is essential knowledge for anyone in this game (or any performance endeavor for that matter). Thanks again!
Thank you 🙏
This is good stuff. The real Tom H is the one helping people to be profitable, without asking a penny in return. Thats what a Gentleman are made of.
🙏
He Tom, don’t know how to say thanks not sure what you are able to read all the social media but thanks so much. For your giving of your time ❤
Tom do not read the comments. But on a weekly basis. I update him. ALL messages are read and valued for good or bad.
Why did Tom record this whilst washing up the pots?
😂
It's probably cos he in a restaurant at closing still serving up content for us or he's just a normal guy with a lot of dishes 😂
😂😂😂😂
Made Mr laugh
😂
Some gold in there... I'm new to trading, but well versed in the game! Thanks for the vid 👍
Thanks Tom! Appreciate you sharing your insight.
Today I finally went against my natural urges and added to a winning position. It was so uncomfortable that I thought my heart would explode. 😂But it worked. I am excited but humble. I know I just have to keep doing it over and over and slowly it will become a part of me.
Good Job... No one says it has to be 100% size it could be 50% 25% or 10%.
Thanks Tom! Amazing content. We are blessed!
Thanks Tom for sharing your knowledge I've seen a big improvement in my own trading as well off a completely different mindset!
Your book is on the way!
Looking forward to reading it!
Pure gold, as usual. Thank you Sir for a very valuable content!
Thank you 🙏