This is what works for me... 1) I wait, i wait till the trade comes at me. I don't jump into the market. 2) Before i execute my trade , i write it down on paper, how much i am willing to lose and never hesitate to book my loss. I follow these two simple rule , and they changed my trading life miraculously.
It happens eventually. You understand the best trades according to your experience and set up. The thing is such trades only occur after long periods of no trades. That's why many people fail at it as they lack the patience and trade even when its not THE trade for them. I hope i was able to explain a bit @@trialbytravel8474
Tom has had the most impact on my mentality regarding trading. Very grateful. I also like his attitude and grit. It’s a close match to my vibe so I learn a lot from it.
the way he articulates the connection between emotions and trading is next lvl, if u r new or have been trading for 20 years this is a must watch! dude is a genius and giving u the game for free, not shilling a course just trying to help the avg person...
Of all the 'educators' out there, definitely stand head and shoulders above everyone Tom. Idk if you will see this, but just wanted to thank you for doing this.
...........Finding a system that resonate well with my personality + understanding that the system will work some of the time but not all the time + accepting that trading is all random and probability based.....!!! Tom is Godsend...!!! Am literally in classroom taking notes and I don't want to be disturbed!
It's a true art to say what you want to say in lesser words. And already through 15 minutes it feels like you've understood my emotions and feelings for the past 6 months. The dopamine is fiction, but somehow it's an inevitable hormone that we all humans posess. It's your biggest enemy but also your greatest success. This is why you are the top 1%. Can't wait to hear the rest of the video.
Thank you, Tom. Watching your seminars and live trading is always an inspiration and affirmation to be fit - physically and mentally - and to maintain the right attitude. Invaluable.
@@LennieClausen_dk Hi Lenny. I hope you're doing well. We chatted a while back about the London symposium video. Did that ever go out and if so, how can I view as I was a participant. As well. How do you send chat messages to Tom when he's on the live telegram? Where are you posting any upcoming event. Thank you, All the best.
@@patrickmullins9954 No it never got out we had an issue - I'm afraid it will never get out. So Yes I'm lucky I'm among the 3-4 people in the world who have this fantastic 18,5 hours content.
@@LennieClausen_dk How do you send chat messages to Tom when he's on the live telegram? Where are you posting any upcoming event. Thank you, All the best.
you are an amazing human being! Keep up the good work, I was having the same emotions and was thinking of moving the stop loss to a more profitable place, also, it is amazing to see what the market did after the early call. I learned a lot about how professional traders think ahead of the game. Wish you all the best and keep up the good work! Hoping to stick with more of your live trading which taught me a lot more than years of TH-cam videos about keeping composure while on a trade with a real deal of money in it. Awesome work Tom!
Finally able to buy your book from Amazon India. Best Loser Wins: Why Normal Thinking Never Wins the Trading Game. One of the BEST Books for Day Trading.
Tom I was glued to this presentation for the full 2.5 hours! I'm very grateful to have discovered you a few weeks back and am reading Best Loser Wins right now in addition to listening to the audio book in the car. So many nuggets in here I can relate to and I can see many opportunities for growth in my trading career. Time to turn things around!
Thank you Tom. I recently read your book 'Best Losers Wins', one of the best reads of my life. Some of your past videos where you trade live and share some lessons are so valuable that I have started to enjoy the process of trading now. Thank you so much.
Hi Tom. Read your book a few days ago.. Today I traded the S&P and followed your mindset strategy, and stayed in an uncomfortable winning trade. Well, I netted an additional $1800 because I chose to be uncomfortable and not follow the 90%. Thanks Bud. I'm a new trader so 1800 is a s#itload for me.😊 I just bought the audio book so I can have it playing while I trade.
@Path logos I can only speak for myself and it has helped me become a profitable trader. I also purchased the audiobook, and I listened to it while trading. Beforehand, I was constantly in and out of trades, and now I make a decision, place my stop loss, and let it ride.
Great to hear - next time SHT = "autobahn😉" and at least all the community members know what you mean 😉 - We do NOT look at watch time but might be good to rewatch it on the weekend.
Grazie mille Tom! Very Very well done: I am just at the first hour of seminar (due to Your speed in talking I have to stop and rewind sometime to understand all at best) but I find every word really True and useful to improve!!! I Will listen step by step till the end. Grazie ancora!
I am feeling like I am physically sitting in front of you. Thank you🙏 so much Sir Tom for sharing this video. Yesterday I bought your book Best Looser Wins from Amazon. It's 11.30 AM here and markets are open. 🙃- Ritesh Khanna from India
Hi Lennie.. Thank You for the hard work. Would you please check time stamp 1:16:58 and, 1:59:58 the audio and video are not sync at least on my premium youtube subscription.
Tom, you videos and method are excellent. I agree that getting into a trade is relatively easy. Do you have any old videos on your method of getting out of a trade? That for me is the struggle. Thanks.
Tom, thank you so much for everything. I've listened to your audiobook twice in a week and this presentation is a great supplement to it. You are the first person that has explained to me how deliberate practice can actually be applied to trading practically. You're an absolute legend. Thanks again.
@trader tom Hi there, I watched your video on trading psychology and experienced the same you outlined in your concept. But I was wondering If a trader does not book his profits waiting for the opportunity to grow then when he should do it ? Because all he will be seeing is changing amount of profits
The moment and the earlier one understands and accepts that trading is all probability and random...the faster success follows...that is one cracks the code of trading...how I wish I had given psychology part of trading much weight more than technical part when i started an year ago
i didn’t realize i needed data, or 30 min chart is what i like, or i need time to trade , or TOD is my entire thesis to trade. and who knew al brooks was the holy grail of trading, after tom Hourgaaurd of course
I don’t know how to communicate with you in one by one, but I am requesting you from my bottom of my heart. Please come back on a daily basis. You are just God gifted for us because we are live in far from you. I live in India, which is I think the most far from you and I appreciate really, really, really appreciate your work very, very much, your kindness, God will bless you very, very much. Please come back and update and share your life trading life for us who really appreciate you. Please come back in this world. No one have that courage that you have. No one have that mentality that you have. I am very blessed to have you, please, not let go like this. Grab our hand. Please come back.❤
@@The-Intelligent-Investor-1 that is what you say. But maybe it wasn’t just 1 person. Tom has a right to decide for himself. And in his statement he said it affected him. It’s not worth his peace of mind, he is right. All we can do is respect his wishes and patiently wait to see if he will ever return. And to be a positive force if he comes back.
after only watching you and ImanTrading i feel like i see what mistakes i am making and how impatient i am in regards to potentially holding onto cashing out trades, the real meaning of scalping and so on. It is really nice to see some of the techniques and how my impatience destroys them XD. However, most of what i am doing is in this "demo" account. would like to start with trading real money sooner or later to see what role it will play, from psychological perspective
This is what works for me...
1) I wait, i wait till the trade comes at me. I don't jump into the market.
2) Before i execute my trade , i write it down on paper, how much i am willing to lose and never hesitate to book my loss.
I follow these two simple rule , and they changed my trading life miraculously.
How's it going 5 months later?
@@lyrana it's working perfectly, i tripled my capital.😀
How do you know when the trade ‘comes to you’? is that when all your rules are satisfied or is it more subjective feeling?
It happens eventually. You understand the best trades according to your experience and set up. The thing is such trades only occur after long periods of no trades. That's why many people fail at it as they lack the patience and trade even when its not THE trade for them. I hope i was able to explain a bit @@trialbytravel8474
@@shubhamvishwakarma3629 what strategy do you use, or do you use toms srs
I learnt alot from you sir …. I always recommend my subscribers to watch your videos … love from INDIA🇮🇳
My name is Mayank - founder of The Trade Room
Mayank Army ❤
@@thetraderoomsss one day I like to meet u .
Oh well Mayank you should meet him now. You have earned alot I guess
❤❤❤
When the student is ready the teacher appears. Thank you Tom
Tom has had the most impact on my mentality regarding trading. Very grateful. I also like his attitude and grit. It’s a close match to my vibe so I learn a lot from it.
Tom posses the every quality a kind trader may aspire. He is the one army man. When his sits, market goes standing...🤟
Now I know I will become successful trader soon as I have watched this video!
nobody talks trading pyschology like this man and his budyy Dr. David Paul. Thank you both. May David RIP.
the way he articulates the connection between emotions and trading is next lvl, if u r new or have been trading for 20 years this is a must watch! dude is a genius and giving u the game for free, not shilling a course just trying to help the avg person...
🙏
Thanks Tom! just discovered your content and really enjoying it so far. All the best.
I think Tom is a good human. Doesn't hide his flaws works on his weaknesses and is authentic to those that watch his daily trading activities.
It’s like going to church listening to your presentations. Thanks for putting out such exceptional product
Of all the 'educators' out there, definitely stand head and shoulders above everyone Tom. Idk if you will see this, but just wanted to thank you for doing this.
I don't know why this guy isn't more well known. Like he said, everyone wants the easy money and gurus.
...........Finding a system that resonate well with my personality + understanding that the system will work some of the time but not all the time + accepting that trading is all random and probability based.....!!! Tom is Godsend...!!! Am literally in classroom taking notes and I don't want to be disturbed!
I watch Tom over and over again to remind myself that the occupation we do is not a sweet cookie at all. Great speach Tom 💪
I love this comment "💯The hardest way to win easy money".
This video changes the angle between me and trading 💫
It's a true art to say what you want to say in lesser words. And already through 15 minutes it feels like you've understood my emotions and feelings for the past 6 months. The dopamine is fiction, but somehow it's an inevitable hormone that we all humans posess. It's your biggest enemy but also your greatest success. This is why you are the top 1%. Can't wait to hear the rest of the video.
Thank you, Tom. Watching your seminars and live trading is always an inspiration and affirmation to be fit - physically and mentally - and to maintain the right attitude. Invaluable.
Mind and body 😉
@@LennieClausen_dk Hi Lenny. I hope you're doing well. We chatted a while back about the London symposium video. Did that ever go out and if so, how can I view as I was a participant. As well. How do you send chat messages to Tom when he's on the live telegram? Where are you posting any upcoming event. Thank you, All the best.
@@patrickmullins9954 No it never got out we had an issue - I'm afraid it will never get out. So Yes I'm lucky I'm among the 3-4 people in the world who have this fantastic 18,5 hours content.
@@LennieClausen_dk Lol. Thank you
@@LennieClausen_dk How do you send chat messages to Tom when he's on the live telegram? Where are you posting any upcoming event. Thank you, All the best.
Thank you Tom , your humor combined with your teachings makes this speech stupendous
It's amazing you put your webinars out in full length. Thank you!
Tom - Thank you for sharing your learnings with us! What a gift you bring and you're not a bad dresser...
Yes he is 😉
you are an amazing human being! Keep up the good work, I was having the same emotions and was thinking of moving the stop loss to a more profitable place, also, it is amazing to see what the market did after the early call. I learned a lot about how professional traders think ahead of the game. Wish you all the best and keep up the good work! Hoping to stick with more of your live trading which taught me a lot more than years of TH-cam videos about keeping composure while on a trade with a real deal of money in it. Awesome work Tom!
wow, the sound quality is so much better than the last seminar vid👍 good work
Honestly, you're amazing. Thank you and I really really mean it.
Thoroughly enjoyed this presentation! "I need the struggles to feel alive!" Thank you, Tom and Lennie for sharing. With much appreciation!
You are welcome 👍
Best Losers Win was definitely a better title. Well done.
I love watching Tom. He's a realist, something I strive to be.
As always, Absolutely amazing!
THANK YOU TOM!
🙏
if anyone is asking the delay is 9 seconds
😂
Thank you!
A very successful lecturer,And the one who invested his time to hear that man made a real profit. thank you from egypt
Thank you 🙏
I don't see many traders from Egypt on the channel. How is the trading community there?
@@LennieClausen_dk ♥️,
Many join the trading, but most of them lose because they do not study well
@@deletedABC So same thing as all other places ;-)
Finally able to buy your book from Amazon India. Best Loser Wins: Why Normal Thinking Never Wins the Trading Game. One of the BEST Books for Day Trading.
Tom I was glued to this presentation for the full 2.5 hours! I'm very grateful to have discovered you a few weeks back and am reading Best Loser Wins right now in addition to listening to the audio book in the car. So many nuggets in here I can relate to and I can see many opportunities for growth in my trading career. Time to turn things around!
Thank you 🙏 Great to have you here in the community. Don't forget to download the handouts.
Thanks Tom. 😌🤓🙏🏻Fantastic speech. 👌🏻🔥Learned a lot. SO nice days in Amsterdam. Good memories. 😍😀Love from Denmark. ❤️😘
감사합니다. 마음에 대한 깊이있는 강의 감사합니다.
IM LEARING MORE & MORE, BUT IM NOT PRACTISING ENOUGH, THATS IM FAILING WITH TRADING, FIGURED OUT TODAY, THANK YOU TOM, MUCH LOVE...
Thank you Trader Tom. This talk was really amazing.
I sincerely appreciate this. Thank you Tom and Lennie!
You are welcome 👍
One of the best in the business. 10/10
What a great speaker! Thank you Tom Houugard!
Thank you Tom. I recently read your book 'Best Losers Wins', one of the best reads of my life. Some of your past videos where you trade live and share some lessons are so valuable that I have started to enjoy the process of trading now. Thank you so much.
You are welcome. It is great to hear. 👍
So good to see you again Tom ❤
Another masterpiece video from Tom
Thank you Tom and Lennie for uploading this 🙏
You are welcome - don't forget the handouts.
Thanks Tom for your Support for the Comunity.... Good Trade to you....
Hi Tom.
Read your book a few days ago..
Today I traded the S&P and followed your mindset strategy, and stayed in an uncomfortable winning trade.
Well, I netted an additional $1800 because I chose to be uncomfortable and not follow the 90%.
Thanks Bud.
I'm a new trader so 1800 is a s#itload for me.😊
I just bought the audio book so I can have it playing while I trade.
Good Job!
Hey how is it going? Just found Tom few days back and also bought his book. Still consuming his content. Is he the answer to all my trading problems?
@Path logos I can only speak for myself and it has helped me become a profitable trader.
I also purchased the audiobook, and I listened to it while trading. Beforehand, I was constantly in and out of trades, and now I make a decision, place my stop loss, and let it ride.
HELLL YEAHH TOM, THIS IS SOME great af speech, been taking notes on my doc. Been doing it for awhile & you help me alot so thanks(:
Great to hear - next time SHT = "autobahn😉" and at least all the community members know what you mean 😉 - We do NOT look at watch time but might be good to rewatch it on the weekend.
Grazie mille Tom! Very Very well done: I am just at the first hour of seminar (due to Your speed in talking I have to stop and rewind sometime to understand all at best) but I find every word really True and useful to improve!!! I Will listen step by step till the end. Grazie ancora!
If you have 2 screens have the handouts on screen no 2.
Thanks a lot for the inspiring lesson, Tom! Spectacular information💪
Thank you so much, helping a lot in my personal process of becoming a profit trader, maybe one day I can go to one of your class
I am feeling like I am physically sitting in front of you. Thank you🙏 so much Sir Tom for sharing this video. Yesterday I bought your book Best Looser Wins from Amazon. It's 11.30 AM here and markets are open. 🙃- Ritesh Khanna from India
You should watch Tom live on stage... the videos don't show any of the energy he passes on.
@@LennieClausen_dk Sure.. Any plan of coming to India or a nearby country?
@@BeBetter20 NO.
Just finishing Tom’s book Best Losers Win. I have to say it’s the best trading book I’ve ever read. Thank you! ❤
Thank you 🙏
Huge Respect to legend ,love from india ,
Thanks Sir Tom from Pakistan ❤️❤️❤️❤️
Your Kind and Great Person.... Teaching Us truly free in This selfish and Busy World 🌎...👏👏👏👏👏
Thank you 🙏 We hope we can animate some people to do the same and pay it forward.
Thanks for the book and the videos.
I will keep pushing to be profitable
Thank you from the bottom of my heart. I really needed this lecture. Thank you.
You are welcome 🙏
Thank you, Tom! 🙏🏾
Hi Lennie.. Thank You for the hard work. Would you please check time stamp 1:16:58 and, 1:59:58 the audio and video are not sync at least on my premium youtube subscription.
I also see/hear it. Not much to do about it now. I go away after a short time.
Tom, you videos and method are excellent. I agree that getting into a trade is relatively easy. Do you have any old videos on your method of getting out of a trade? That for me is the struggle. Thanks.
Thanks Tom
Love and respect from India🇮🇳
Your knowledge is valuable and important thank you for sharing tom 🙏🏻
You are welcome 👍
This video is Gold! Thank you Tom and Lennie! 😊
You are welcome 👍
Tom, thank you so much for everything. I've listened to your audiobook twice in a week and this presentation is a great supplement to it.
You are the first person that has explained to me how deliberate practice can actually be applied to trading practically.
You're an absolute legend. Thanks again.
You are welcome 👍 Great to hear it helped you.
Looking forward to attending one of these talks in the near-future Tom. Great job.
Tom is so GOOD life on stage.
Great seminar! So many gems 💎 dropped here!
🙏
the man himself! Honored to have the privilege to sit in on this time.
Thank you for the hand out.
You are welcome 👍
Thomas.....when are you coming back for Live Trading and Training??
Scenario analysis working absolutely good on nifty 50,I done backtested charts for last 5 years and made about 800% returns in 3 months.
Hi where I can find that scenario analysis any video or book ?
Watch trading psychology video made by tom
Thank you! Thank you! Thank you!
THANK YOU TOM. YOU ARE AMAZING
🙏
@trader tom
Hi there, I watched your video on trading psychology and experienced the same you outlined in your concept.
But I was wondering If a trader does not book his profits waiting for the opportunity to grow then when he should do it ?
Because all he will be seeing is changing amount of profits
how should i calculate my position size on a trade, any resources to study from?
School run I am useing it consistently. thanks Tom
Same here 👍
I watched till the end. amazing
Respect 👍- hope you took a few takeaways.
"Victory is fleeting, Obscurity is permanent"
good to hear your speech
Hi Tom, Why do not you use a microphone to record your voice in HD quality. The voice quality in video is not up to the mark.
The moment and the earlier one understands and accepts that trading is all probability and random...the faster success follows...that is one cracks the code of trading...how I wish I had given psychology part of trading much weight more than technical part when i started an year ago
hi tom, why did you not using indicators like RSi, stochastic,macd etc?
Love From THE TRADE ROOM FAMILY💌💌💌
Just bought your book on audible great stuff.
thank you for sharing your knowledge and for helping fellow traders always Tom and Lennie
You are welcome 👍
Thank you, Tom!
i didn’t realize i needed data, or 30 min chart is what i like, or i need time to trade , or TOD is my entire thesis to trade. and who knew al brooks was the holy grail of trading, after tom Hourgaaurd of course
Hi Tom,
Thanks for doing these types of videos. Massively appreciated. I keep wondering, with your Master in Economics, do you ever use Fundamentals?
Tom is aware of Fundamentals but it doesn't affect his trading.
Can somebody tell me how I can get into Tom's live mentorship?
Very useful as always - many thanks
Thanks Tom
Missing adding to winner and trailing Stop loss in this seminar
Then you can find that in other videos on the channel.
Hey Tom ! how are you. i hope you are all well . its have been so many days.. no video???
we are missing you a. hope to see your video soon.
Tom is streaming for 3-4 hours most days on Telegram.
Thanks for the video love from. India.🇮🇳
Tom, I don’t understand what tickers are you using to trade? Does anyone know? Is it just the etf version of the indexes chosen?
They are CFD's
Thanks Lennie and Tom ❤️
You are welcome 🙏
this is what i want
thank you Tom😘
love from INDIA🤗
WE LOVE YOU TOM :-D THANK YOU TOM & LENNIE
You are welcome my friend 👍
Thanks a lot Sir, this is a very much valuable presentation. Sound quality could be more friendly.
Yes, it could but trust me ut could be a lot worse too.
Thanks for sharing Tom
I don’t know how to communicate with you in one by one, but I am requesting you from my bottom of my heart. Please come back on a daily basis. You are just God gifted for us because we are live in far from you. I live in India, which is I think the most far from you and I appreciate really, really, really appreciate your work very, very much, your kindness, God will bless you very, very much. Please come back and update and share your life trading life for us who really appreciate you. Please come back in this world. No one have that courage that you have. No one have that mentality that you have. I am very blessed to have you, please, not let go like this. Grab our hand. Please come back.❤
He is not coming back. Someone attacked him online. Screamed at him that he had lost money, because of Tom. And that Tom was a scammer. Very horrible.
@@Dee8Bee come on we are more than 5k family.. 1 person bullshit dose not matter
@@The-Intelligent-Investor-1 that is what you say. But maybe it wasn’t just 1 person. Tom has a right to decide for himself. And in his statement he said it affected him. It’s not worth his peace of mind, he is right. All we can do is respect his wishes and patiently wait to see if he will ever return. And to be a positive force if he comes back.
@@Dee8Bee yes you are right ❤️
@@Dee8Bee "You'll never be criticized by someone who is doing more than you. You'll always be criticized by someone doing less. Remember that."
after only watching you and ImanTrading i feel like i see what mistakes i am making and how impatient i am in regards to potentially holding onto cashing out trades, the real meaning of scalping and so on. It is really nice to see some of the techniques and how my impatience destroys them XD. However, most of what i am doing is in this "demo" account. would like to start with trading real money sooner or later to see what role it will play, from psychological perspective
A very wise man
Thanks Tom for sharing!.