Trading Psychology Event | Pattern Recognition | Part 2

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  • Опубліковано 22 лис 2024

КОМЕНТАРІ • 403

  • @The.Oh1183
    @The.Oh1183 2 роки тому +692

    This is so crazy watching Jason Statham teaching trading psychology.

    • @Mkzzz2
      @Mkzzz2 2 роки тому +9

      lmao 🤣

    • @yomueve
      @yomueve 2 роки тому +3

      😂😂😂 smooth lecture

    • @tyronbopape5466
      @tyronbopape5466 2 роки тому +3

      Wtf 😂😂😂😂

    • @JairoBanks
      @JairoBanks 2 роки тому +17

      Transporting Trading Psychology lol

    • @davidsanford7843
      @davidsanford7843 2 роки тому

      Lol, are you sure he is Jason Statham 😂😂
      Lol.. you are driven CRAZY man

  • @Riggsnic_co
    @Riggsnic_co Рік тому +337

    Investing in the stock market has HISTORICALLY provided higher returns than other forms of investment. According to Morningstar, the average annual return for the S&P 500 index, which measures the performance of 500 large-cap stocks, was approximately 10% from 1926 to 2020.

    • @kenanporubsky2122
      @kenanporubsky2122 Рік тому +3

      Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

    • @lipglosskitten2610
      @lipglosskitten2610 Рік тому +3

      The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

    • @hermanramos7092
      @hermanramos7092 Рік тому +4

      @@lipglosskitten2610 please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

    • @lipglosskitten2610
      @lipglosskitten2610 Рік тому +3

      @@hermanramos7092 My advisor is ‘’Catherine Morrison Evans’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

    • @hermanramos7092
      @hermanramos7092 Рік тому +3

      @@lipglosskitten2610 She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

  • @PhilSommer2
    @PhilSommer2 11 місяців тому +373

    Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

    • @LeonWilk2
      @LeonWilk2 11 місяців тому +1

      That’s crazy, I’m just doing everything wrong with my portfolio.

    • @AvaAdams-ly7vu
      @AvaAdams-ly7vu 11 місяців тому +3

      very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance to make a from a financial-advisorr, you can be passively involved with the aid of a professional.

    • @AlinaWinkler233
      @AlinaWinkler233 11 місяців тому

      Same here, 75% of my portfolio is in the red and I really don’t know how long I can stomach the losses. I’m beginning to reach a breaking point.

    • @LeonWilk2
      @LeonWilk2 11 місяців тому

      wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio

    • @AvaAdams-ly7vu
      @AvaAdams-ly7vu 11 місяців тому

      The adviser I'm in touch with is *Jude Ryan Mcdonough* He works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me his strategy works hence my result. He provides entry and exit point for the securities I focus on.

  • @Raymondjohn2
    @Raymondjohn2 Рік тому +392

    A perfect storm is brewing in the United States. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.

    • @hermanramos7092
      @hermanramos7092 Рік тому +3

      These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones.

    • @martingiavarini
      @martingiavarini Рік тому +2

      Investing in stocks can be a wise decision, especially if you have a dependable trading system that can lead to successful outcomes. Personally, I've been working with a financial advisor for about a year now. Starting with less than $200K and I'm now just $19,000 away from making half a million in profit.

    • @bob.weaver72
      @bob.weaver72 Рік тому +2

      @@martingiavarini I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same. Is there any chance you could recommend who you work with?

    • @martingiavarini
      @martingiavarini Рік тому +2

      my advisor is ‘’Catherine Morrison Evans ’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

    • @bob.weaver72
      @bob.weaver72 Рік тому +1

      I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon. Thanks

  • @Mr.8ezman
    @Mr.8ezman Рік тому +7

    Trading is such a psychological game. Your mind will make or break you. Also people make trading to complicated. Always trust your plan.

  • @EdgarLeon-i1f
    @EdgarLeon-i1f 19 днів тому +1

    1....2.....3.... dot connection strategy implementation at an early age will impact humongously in a person life to solve problems and adversities with fearless and objetive mindset.
    Epic Exposition, Tom Hougaard proofs a sharp and dextery trading psychology.
    Thanks for sharing high value information.
    Regards~Blessings!
    Prov.22:29
    EL

  • @habumoses6781
    @habumoses6781 3 роки тому +59

    Why doesn't this video have 10M views, this will reduce the 95% retail losing to 50/50 at best! Good seeing my mistakes well explained and vow to change. Let's make money now.....

    • @OptoThemes
      @OptoThemes  3 роки тому +5

      Thanks for watching!

    • @jeffreysalas8899
      @jeffreysalas8899 3 роки тому +22

      people don't want to watch a lecture, they rather take the "easy" way out by watching those 10 minute videos that guarantee a bulletproof strategy

    • @jarrell4878
      @jarrell4878 2 роки тому

      Hope u improved bro

    • @jarenthielen6185
      @jarenthielen6185 2 роки тому +2

      They don't know. Best kept secret though

    • @donkeyface
      @donkeyface 2 роки тому +1

      I concur

  • @Jennifermertians
    @Jennifermertians 3 місяці тому +280

    As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

    • @keithWilliams-v3x
      @keithWilliams-v3x 3 місяці тому +3

      I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown

    • @Janetmartinez-i2j
      @Janetmartinez-i2j 3 місяці тому

      A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k

    • @Markphilip-r4i
      @Markphilip-r4i 3 місяці тому

      This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation

    • @Janetmartinez-i2j
      @Janetmartinez-i2j 3 місяці тому

      My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

    • @Markphilip-r4i
      @Markphilip-r4i 3 місяці тому

      Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.

  • @abhim6581
    @abhim6581 Рік тому +39

    This is the most honest description i have ever heard,this took me 10 years of pain and losses to realise this,and last 10 years has been crazy rewarding,if you can align yourself with everyword he says,you life gonna change

    • @user-fw8rd5ud4q
      @user-fw8rd5ud4q Рік тому +2

      I started with 51k and went down to 20k. I’ve consistently traded less and made weekly profits. I’m only a bit above 24k, but I have knowledge now that I can use the rest of my life.

    • @stevenbuchholz8865
      @stevenbuchholz8865 Рік тому

      Yep I’m right in the middle of the whole mental mind game right now, so this is good stuff to hear. Always learning!

  • @mikaelrutherford1507
    @mikaelrutherford1507 Рік тому +11

    If you wanna be successful, you must take responsibility for your emotions, not place the blame on others. In addition to making you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life...

    • @Rudenz8
      @Rudenz8 Рік тому

      The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional

    • @sandhyap.jadhav4020
      @sandhyap.jadhav4020 Рік тому

      the market is profiting if you are using a good broker or account manager to help out with trades or provide signals

    • @جوالبني
      @جوالبني Рік тому

      So you guys know her too?... Wow, she made me have my own house and car. She is awesome

    • @samem.washington5136
      @samem.washington5136 Рік тому

      ago I was skeptical about trading bitcoin until I was introduced to ma'am theresa. and must say her understanding and politeness

    • @besttime647
      @besttime647 Рік тому

      Sometimes I wonder if he uses magical powers to trade I've never heard or seen any of his clients complain of loss... I think he's just too perfect 👌🏼.

  • @blessingpaul5484
    @blessingpaul5484 11 місяців тому +10

    Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

    • @ConnieGriffith-u4z
      @ConnieGriffith-u4z 11 місяців тому

      Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

    • @alicebenard5713
      @alicebenard5713 11 місяців тому

      This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

    • @blessingpaul5484
      @blessingpaul5484 11 місяців тому

      Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

    • @SophiaBint-wj8wn
      @SophiaBint-wj8wn 11 місяців тому

      Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

    • @KatherineAnderson-lm8bw
      @KatherineAnderson-lm8bw 11 місяців тому

      I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

  • @beldentheruschannel4545
    @beldentheruschannel4545 3 роки тому +7

    As some1 who survives entirely on sports trading having made more than 53 000 trades myself i endorse this..
    I used to focus entirely on fine tuning my formula but the moment i started mastering basic psychology i started winning

  • @nikhiljohn1841
    @nikhiljohn1841 3 роки тому +204

    It is fascinating that almost every trader knows the psychology aspect of trading but it is still so difficult to follow it.

    • @scarfo441
      @scarfo441 2 роки тому +8

      thats a good thing

    • @Regular.Biceps
      @Regular.Biceps 2 роки тому

      @@scarfo441 what is it exactly

    • @kalidfx
      @kalidfx Рік тому +4

      you should trade in smaller sizes and HIGHER volumes. this way you dont care when you lose because you will trade hundreds of trades in a month to the point where you get used to it. the smaller size you trade the less damaging losses becomes. we all get extremely mad when are new tv breaks but none of us cares when small items in hour house breaks or gets wasted because the cost is insignificant even though over a longer period it can be costly, that's just how humans are.

    • @wolfie8748
      @wolfie8748 Рік тому

      @@kalidfxthisss!!! Finally someone understands

  • @tragrea9488
    @tragrea9488 2 роки тому +4

    Sir your way of speaking in English is extremely well I never seen a person like you speaking such good way of english

  • @dulcehahn12
    @dulcehahn12 2 місяці тому +112

    You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life

    • @AliceAnderson-in1et
      @AliceAnderson-in1et 2 місяці тому

      I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?

    • @IsaacClark-j7h
      @IsaacClark-j7h 2 місяці тому

      As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

    • @dulcehahn12
      @dulcehahn12 2 місяці тому

      As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant

    • @AliceAnderson-in1et
      @AliceAnderson-in1et 2 місяці тому

      I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...

    • @dulcehahn12
      @dulcehahn12 2 місяці тому

      I started working with Alex Gomez back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.

  • @nikhilsharma-lo6yx
    @nikhilsharma-lo6yx 3 роки тому +56

    9:14 - 9:23 is the true wisdom, loved this guy !

    • @shijinbadarudeen9920
      @shijinbadarudeen9920 3 роки тому +2

      Yes it is....❤️
      After the order got executed if the market is not going in your side then you have to get out with the stop lose and make another trade later.......
      Open target & tiny stop losses.
      You clearly won if you got at least 20/100 winning trades with that open target with massive profits....

    • @shadrackrutto7242
      @shadrackrutto7242 3 роки тому

      I am doing almost similar things on M1. High failure rate but very very profitable

    • @pizzasurf
      @pizzasurf 3 роки тому

      Whats his name?

    • @nikhilsharma-lo6yx
      @nikhilsharma-lo6yx 3 роки тому

      @@pizzasurf Tom, trader tom is his youtube channel !

    • @Tr1Hard777
      @Tr1Hard777 2 роки тому +2

      The reason he gets out fast is because he has on HUUUUUGE size and any pop in the wrong direction is a big loss.

  • @mrdirect4053
    @mrdirect4053 2 роки тому +83

    The man tried to dash a few jokes but the audience was rock serious 🤣 😂 💀

    • @refilwembembe5693
      @refilwembembe5693 7 місяців тому +1

      Like bro😂😂😂

    • @risingstars777
      @risingstars777 5 місяців тому

      😅😂

    • @keoneeG
      @keoneeG 5 місяців тому +3

      I think they were still trying to digest what he was saying.. 😂the man is too smart and speaks in esoteric language😅
      I’ve downloaded this video and I’ve watched it at least 3 times and I’m yet to get 20% of what he is saying ..

    • @eldarr.9901
      @eldarr.9901 Місяць тому

      😂😂😂

  • @ahmadfaizul1076
    @ahmadfaizul1076 3 роки тому +49

    Good talk. Should got more views and likes. Very appreciate for those who sharing this.

    • @OptoThemes
      @OptoThemes  3 роки тому +2

      Thanks for watching!

    • @TheStrataminor
      @TheStrataminor 3 роки тому

      @matilda rosie Shut up Matilda...stop spamming

  • @dacoup5955
    @dacoup5955 Рік тому +1

    I don't know who this guy is or what i'm doing here ... but i like him.

  • @thmtob
    @thmtob 3 роки тому +9

    I am so relieved to know it seems like I am not the only one making that mistake... I will keep trying disciplining my greed. Thank you for the insightful video.

  • @jb9652
    @jb9652 3 роки тому +15

    09:15 That's EXACTLY what I did when I started. And it worked. It worked for both longs and shorts, in a very turbulent market. I even had a button that closed all my positions, which I called my "Crash button", that I pressed the instant I sensed things weren't going right. Then I started holding for longer and longer. The longer I held losing trades, the worse my performance became. I've always wondered why I haven't gone back to my original method. Having watched this video, I might try it again.

    • @rombusworkmoney22
      @rombusworkmoney22 2 роки тому +1

      Have you returned to your initial style?

    • @HezOmanjo
      @HezOmanjo Місяць тому

      Nowadays as a rule, once I get into a trade, I move the stop loss to 5 pips. It makes no sense to wait for the entire SL of 25 / 30 or even 40 pips to happen.

  • @roengracecalivoso6419
    @roengracecalivoso6419 2 роки тому +13

    I'm so grateful to be here. I never thought anything more than this. I always rewatched your trading psychoogy everyday to get fully valid and deepen my understanding to rely on my trading. It was so relatable on what you've said. It changed my life forever. I learned a lot for you. Thank you so much.

  • @felixhundertmark2107
    @felixhundertmark2107 3 роки тому +25

    It’s really about the mindset. ONCE I discover there is a other way of R/R too combined with the Risk in Mind. I lost 33 Times in a row and was down -9% in weeks. Made it Up to 2% Profit now. It’s all about what he Talks about 🙏🏼

    • @nazinas21
      @nazinas21 3 роки тому +5

      It’s all Psychological! I lost more than I could deposit but I didn’t quit. I was able to rebuild my account back

    • @rombusworkmoney22
      @rombusworkmoney22 2 роки тому

      @@nazinas21 What was your main mistake?

    • @korylp6219
      @korylp6219 Рік тому +1

      If you can’t win paper trading then don’t use real money. Too many people dive in with real money and they can’t prepare for the losses.
      In saying that, losing 33 times in a row and only down 9%, kind of tells me why you lost so many times. FOMO, tight SL’s, poor entries

  • @lucreziamorganti9115
    @lucreziamorganti9115 2 роки тому +18

    I’m deeply grateful to this man for sharing freely this precious teachings. It really made a difference in my life. Thank you Tom. 🙏

  • @blavatovsky9553
    @blavatovsky9553 2 роки тому +4

    Outstanding master !
    This lectures are gold

  • @gchap7986
    @gchap7986 2 роки тому

    I call this ability to see things as creative visualisation technique which i am going to introduce to traders in future..i find 36% hit rate can beat the market if one can apply money management using a simple trading sys, within set trading rules. Very authentic speech.

  • @johnatanfx
    @johnatanfx Рік тому +1

    The day I won by taking care of my mindset and psychology. Thanks !🥂

  • @mikolots
    @mikolots 4 місяці тому +1

    What I've gathered so far is to not set profit targets,
    let winning trades run as high as possible.
    If a trade doesn't go your way, let go of hope, get out immediately.
    Then, learn from each failure quickly and adjust quickly.

  • @harlemtrades5023
    @harlemtrades5023 3 роки тому +2

    It broke trend but that candle at around 12:45 on the chart showed bearish sentiment, huge wick, shows sell off and indecision. If anything I'm making this comment to remind myself to provide myself with multiple confirmations when making decisions. Absolutely loving these videos.

  • @BBERNIER
    @BBERNIER 3 роки тому +25

    1 trade = 200$ loss, 2 trade 200$ loss, 3 trade 200$ loss , 4trade, 2k profit

  • @PearlTremblay
    @PearlTremblay 11 днів тому +162

    Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time

    • @NannieDibbert
      @NannieDibbert 11 днів тому

      I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?

    • @AlexieAuer
      @AlexieAuer 11 днів тому

      As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

    • @PearlTremblay
      @PearlTremblay 11 днів тому

      As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Mathew . A widely known crypto consultant

    • @RoxaneGaylord
      @RoxaneGaylord 11 днів тому

      I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...

    • @DawnRempel7
      @DawnRempel7 11 днів тому

      I started working with Alex Mathew back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.

  • @EdgarLeon-i1f
    @EdgarLeon-i1f 19 днів тому

    Epic Exposition, Tom Hougaard proofs a sharp and dextery trading psychology.
    Thanks for sharing high value information.
    Regards~Blessings!
    Prov.22:29
    EL

  • @GenXBitch
    @GenXBitch Рік тому

    I think he’s a great speaker & I can’t believe someone was falling asleep 😮😂 I would kill to be able to sit in front someone like this and I would be hanging on every word! This is so valuable.

    • @zeroedout
      @zeroedout Рік тому

      I think those who fell asleep were expecting the usual trading strategies and was not into psychologies but I agree with him trading is a lot psychological than most believe to be

  • @soaringrich3573
    @soaringrich3573 Рік тому +1

    This guy is definitely born and raised in India

  • @chenxueou24254
    @chenxueou24254 Рік тому

    "What a great job you did in the video! Your enthusiasm and expertise are really engaging."

  • @harrylee8499
    @harrylee8499 2 роки тому +35

    I shorted the hell out of the bottom...or what is the bottom so far. Still, oof. I'm still value buying long positions as well though. It's probably been the best time in the past 4 years to buy stock, in my opinion. I hope the stock market absolutely craters, even if my shorts get blown first. I plan on shorting the crash and buying long DCA all the way down, too. I want to see a 60% stock market crash. We're only around 20% now.

    • @augustineboruvka4396
      @augustineboruvka4396 2 роки тому +1

      I'm a very concentrated investor but sometimes there is value in adding a small new position. It isn't for diversification. Focusing on something new provides a productive distraction from overthinking what you already own. It allows you and your portfolio to breathe a little bit

    • @natalieattkisson7997
      @natalieattkisson7997 2 роки тому +1

      @@augustineboruvka4396 Super excited about the next bull run, I’ve increased my buying again since stocks have been on sale, but I’d really love to know how to use this recession to my advantage, I'm aware a good lot are making a fortune right now and I’d love to do the same.

    • @cliffordmatthew2789
      @cliffordmatthew2789 2 роки тому +1

      @@natalieattkisson7997 My portfolio is still down by 60% and It scares the hell out of me.

    • @davidbjorn8891
      @davidbjorn8891 2 роки тому +2

      @@cliffordmatthew2789 Even the best investors lose money when when the market is down or when they make a decision that doesn’t turn out as hoped. But, overall investing should increase your net worth considerably, mine was not doing that I had to hire ‘’HELEN EUGENIO TORRALBA’’ who helped helped me understand what I was doing wrong and evident positive changes took place. you can Look her up

    • @ricciwilliamsjr3212
      @ricciwilliamsjr3212 2 роки тому

      Wanting to see the market burn is the best. We buy when everyone is scared.

  • @abdulhaseebsaleem8442
    @abdulhaseebsaleem8442 Рік тому +2

    I don't know how to thankyou for this incredible trading session :) I believe it would have changed lives and it will keep changing!!

  • @aGr3atD4y
    @aGr3atD4y Рік тому

    This has been very eye opening so far. Im not a noobie, but rather intermediate and i have invested/traded in the market, and i can identify with everything he is saying haha. First step when trading and it goes wrong is, Denial.

  • @TiffanyT-LaDolceVita
    @TiffanyT-LaDolceVita 3 роки тому +9

    I love the analogy presented so well. Beautiful actually.

  • @Nadex2015
    @Nadex2015 Рік тому +1

    if you can succeed in trading, you can succeed in anything. 🌹🌹

  • @abrehamkiros7231
    @abrehamkiros7231 3 місяці тому +1

    Psychology is my 1 st priority to tread

  • @PauloSousa-wf6mg
    @PauloSousa-wf6mg 3 роки тому +7

    Awesome trading psychology lesson!!!

  • @asinthsanjojm
    @asinthsanjojm 2 роки тому +2

    Tom Hougaard delves、I feel a similarity in our personality even when I don't have that look in my eyes, as well as our experience in trading, is far too similar to what I have been able to understand from the Event. Well, I guess there are many of us I assume. Traders with a personality of observation, understanding, relooking at past understanding, gathering experience, and well as life goes on n on.

  • @JamesWilliams-qn5cq
    @JamesWilliams-qn5cq 2 роки тому +1

    Wayyyy Kool !!! Thx a Ton for the Post.

  • @theseoprincess
    @theseoprincess Рік тому

    Gosh, this is golden 🏆

  • @deveshkumarsingh1900
    @deveshkumarsingh1900 2 роки тому +1

    Very good advice... Had I heard it before which could have prevented me from disaster. Thanks a lot 🙏🏾 keep posting 💐

  • @bobbyamos2098
    @bobbyamos2098 3 роки тому +3

    This guy is extremely intelligent at life...DEADEYE!

  • @nancykirrean465
    @nancykirrean465 2 роки тому +3

    I want to start investing. Is it safe to start now, or should I wait until the end of this possible correction/bear market, despite the economic crisis facing the world, is this the right time to invest in stock,Gold/crypto?

    • @nancykirrean465
      @nancykirrean465 2 роки тому

      @Stella Chloe Thank you stella, I've been waiting for something to motivate me, I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in.I would be happy if you could advise me based on what I have no idea of how and where to invest in.

    • @ruby254
      @ruby254 2 роки тому

      I've come across many recommendations about this Mis Grace Jennifer, her strategies and consistency. I think this is the right time to give it a try.

  • @dennismorris7573
    @dennismorris7573 6 місяців тому

    Excellent discourse.

  • @astronomer8775
    @astronomer8775 3 роки тому +2

    A viking trader..thanks learned alot from you

  • @TheWinghochui
    @TheWinghochui 10 місяців тому

    Thanks for your sharing!

  • @kayholand_
    @kayholand_ Рік тому

    Thank you so much for your speech and for you to share all this precious knowledge!!! :D

  • @ExxonMobilCompany
    @ExxonMobilCompany Рік тому +3

    I've been considering the best ways to protect myself from inflation after hearing that a weak currency can be a precursor of an economic slump. As inflation is said to be a money-eater, I'm concerned about my $200k in savings.

    • @robertlucas8288
      @robertlucas8288 Рік тому +1

      A approach to protect against inflation is to invest in stocks. Investors must know where and how to allocate money to protect against inflation while still making profits, especially during a recession.

  • @verilucis
    @verilucis Рік тому

    Tom, do algos make any difference in this? Not just the conglomerate of traders, but the 'market makers' and their algos? Thanks, I do find psychology of one's self it 'key'. Appreciated! Happy New Year's, Bother.

  • @aliraza-in6ko
    @aliraza-in6ko 5 місяців тому +1

    I love Jason Statham 🖤

  • @angus3963
    @angus3963 Рік тому

    Absolutely f*cking refreshing.

  • @chandrashekharahire4798
    @chandrashekharahire4798 Рік тому +1

    Thank you very much Sir

  • @nicolobruno5830
    @nicolobruno5830 2 роки тому

    Thank you Tom.

  • @jackidough
    @jackidough 3 роки тому +1

    Extremely good content in the speech

  • @MrGODINTHEMAKING
    @MrGODINTHEMAKING 3 роки тому

    Holding ✊🏾💎✊🏾 and brought more

  • @jeffreyd508
    @jeffreyd508 3 роки тому +2

    Fascinated by trading, but it's a hard way to make 'easy money'. Not to mention the stress on an otherwise non stressful life

    • @traderparkboy4274
      @traderparkboy4274 3 роки тому

      I am in my first month of trading for a living and it’s soooo scary lol .

    • @jacsonjames
      @jacsonjames 2 роки тому +1

      @@traderparkboy4274 how is it going?

    • @traderparkboy4274
      @traderparkboy4274 2 роки тому +1

      @@jacsonjames The market has been a tough tough beast for everyone, my account has been hammered lol, but my crypto account has done very well and it’s been a great 12 months overall, the habits add up over time and I’m still young, trading to make a living is impossible with a small account , but I did however learn the mechanics of making call options , keeping my bets small and losses small, I’m very excited in the future because we get paid in two ways , first in experience and second is money. Thanks for checking in !!

  • @brandonhopkins8222
    @brandonhopkins8222 Рік тому +3

    Trying to predict a random outcome by definition is insanity and trading is not about being “rite or wrong “ trading is about thinking in probabilities and understanding and practicing risk management.

  • @solomonenechukwu7881
    @solomonenechukwu7881 3 роки тому +1

    This is good channel

  • @SheryarAbbasi-o3j
    @SheryarAbbasi-o3j 7 місяців тому

    Yra trading kahan say seekhi hy?

  • @penghunter4565
    @penghunter4565 2 роки тому +2

    97% chance of 11 losses in a row with a 20% win rate, that is too hard for most people

  • @MargaretGbewordo
    @MargaretGbewordo 5 місяців тому

    This is real hard talk of truth

  • @benleo294
    @benleo294 Рік тому +7

    Having Cryptocurrency as an Asset and not been able to profit from them can be very frustrating.
    Is this the right time to invest? Before I jump to the conclusion, I think you should take a look at things first

    • @laylajasper3735
      @laylajasper3735 Рік тому

      As an independent woman, I started my first investment plan with just $1000 and am now earning a weekly income of $4220 trading cryptocurrency with my personal broker

    • @rolandbrooks4120
      @rolandbrooks4120 Рік тому

      Bitcoin has been going down for a while, and currently it could keep going down or decide to go up. The truth is that no one knows, I think it's a good time to make a purchase and also seek professional help,,

    • @morrisjohnson2544
      @morrisjohnson2544 Рік тому +1

      Inspiring! do you think you can give me advice on how to invest in a healthy way like you do?

    • @laylajasper3735
      @laylajasper3735 Рік тому +1

      She's on Instagram

    • @laylajasper3735
      @laylajasper3735 Рік тому +2

      ©Shanatrades_

  • @dibyasattwakarmakar
    @dibyasattwakarmakar Рік тому

    Thank You , Sir

  • @lombardo141
    @lombardo141 3 роки тому +29

    The only thing that works is price action.

  • @TR-nj5dh
    @TR-nj5dh 3 роки тому

    this guy is terrific

  • @cool1993droid
    @cool1993droid 3 роки тому +1

    Amazing!

  • @LukeOnTheMove
    @LukeOnTheMove 3 роки тому

    This is fantastic!

  • @withoutwroeirs
    @withoutwroeirs 3 роки тому +1

    Got it - no Mayonnaise on my stop losses.

  • @Samura1gamer
    @Samura1gamer 3 роки тому +8

    i wouldn't try mayo and chips even if it helped my trades

  • @petermuhoho3780
    @petermuhoho3780 3 роки тому +1

    Nice lecture sir. Does Tom have an official UA-cam channel??

    • @OptoThemes
      @OptoThemes  3 роки тому +3

      Thanks for watching! His youtube channel is here: ua-cam.com/channels/4C43bjs7bwwasNPecJm8bw.html

  • @sanowaz
    @sanowaz 3 роки тому +1

    Much love for your valuable words. ❤️❤️❤️

  • @victoriagreen9026
    @victoriagreen9026 Рік тому

    Just easiest 500$ in my life. Best tactic ever

  • @WANTHEALTHTODAY
    @WANTHEALTHTODAY 10 місяців тому

    thank you

  • @toroddlnning6806
    @toroddlnning6806 Рік тому

    lets goooooooo!

  • @ashuwendrayadavgbvetyepgm6466
    @ashuwendrayadavgbvetyepgm6466 3 роки тому

    this video is awsome

  • @elijahyinka6071
    @elijahyinka6071 Рік тому

    Awesome

  • @rombusworkmoney22
    @rombusworkmoney22 2 роки тому

    What's the name of the indicator he talked about? 7:36

  • @Anon_Anon
    @Anon_Anon 3 роки тому +6

    70% of the traders don't watch Part 2 of this video.

    • @harun7871
      @harun7871 2 роки тому

      it is because they dont have enough market experience to understand this

  • @CloudParadox-is1jc
    @CloudParadox-is1jc 3 місяці тому +1

    Trade the manipulation.. trade your peers.. if it looks like you should buy or put a stop loss somewhere then your peers did too.. smart money is also aware and they'll take every dollar you give them.. dont forget market makers arent trading as a community service.. they also want to make as much as possible so they'll manipulate you as well

  • @hugavet3049
    @hugavet3049 3 роки тому

    man, good advice!

  • @EMERGENCYBROADCAST2024
    @EMERGENCYBROADCAST2024 3 роки тому

    Good teaching

  • @SM-sb4tr
    @SM-sb4tr 3 роки тому +2

    11:26 this is me

  • @SashaBlake
    @SashaBlake 2 роки тому

    What’s his name ?

  • @jackidough
    @jackidough 3 роки тому

    Thanks

  • @paulganthe1
    @paulganthe1 10 місяців тому +9

    Jason Statham finally recovered from sore throat.

    • @loupakjindra
      @loupakjindra 6 місяців тому

      Man, this guy is Johny Sins of trading

    • @SmokedBrie
      @SmokedBrie 5 місяців тому

      Fantastic bloody actor though, he had me fully captivated from the go, and a bit terrified if I’m honest.

  • @sahilbhagat4906
    @sahilbhagat4906 Рік тому +1

    That's fine if he advised to hold the winners and not book at 1:2, 1:3... but I think he should also tell when to exit.... or should I keep holding my position for eternity... 😅😅😅 #NoOffence #ButLittleSarcasm

  • @cheepchips
    @cheepchips 3 роки тому +1

    Games called dot-to-dot 👍🏻

  • @ashn92
    @ashn92 2 роки тому

    Mark D
    Series of opportunities

  • @vinitthehbk
    @vinitthehbk 3 роки тому

    I can have accuracy of more than 55% to 60% in 1 minute trading of forex pairs. I might be that guy who may get tremendous amount of respect. It's true.

  • @kiklocus4660
    @kiklocus4660 3 роки тому

    I like his accent

  • @albertlabos8400
    @albertlabos8400 2 роки тому +1

    Bless his memory...As the late Pod G Williams used to repeat..."I mean to say....all of this is obvious...I mean to say...it is SCREAMING AT YOU...well...if you don't understand this...you have got to be stupid...because it is obvious......it is staring you in the face.....then...if you do not understand this........YOU OUGHT NOT TO BE TRADING AT ALL!... What he meant is that some of us are wired differently....and many who think they can attempt this do not carry labels stuck to their foreheads qualifying whether they are suitable or not...and I find it hard to suppress a giggle....🙄

  • @Buhm01
    @Buhm01 3 роки тому +3

    I have been studuying trading for over 4 years now and I actually do find it really hard to get some decent information from this video... This is just a long winded excuse to be booked to speak, you could probably summarize the entire talk into 1-3 senctences and actually make your message clear.. I only got: fear is important to control (or emotions in general) and well... that's not very groundbreaking advice, is it?

    • @mproductionsmusik
      @mproductionsmusik 3 роки тому

      Yep i thought the same he talk a lot but dosent say much.

  • @albertabaho9528
    @albertabaho9528 3 роки тому

    GREAT GREAT

  • @RobertR.Tuttle
    @RobertR.Tuttle 11 днів тому +117

    You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life

    • @EmmittStrosin
      @EmmittStrosin 11 днів тому

      I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?

    • @TierraJaskolski-y6r
      @TierraJaskolski-y6r 11 днів тому

      As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

    • @RobertR.Tuttle
      @RobertR.Tuttle 11 днів тому

      As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Adam Jeremy. A widely known crypto consultant

    • @MaximBah-w5m
      @MaximBah-w5m 11 днів тому

      I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...

    • @EmmittStrosin
      @EmmittStrosin 11 днів тому

      I'm a beginner please how can i reach out Adam Jeremy

  • @bth2012
    @bth2012 2 роки тому

    THX