#129

[@richardcamp8301]

LOL - I have some questions - it will only take 5 mins - 38 mins later. Tom at his finest. A great talk from two good friends

[@sarcynick]

And We are here for a genius TraderTom❤🔥

[@gerihegedus]

As previously said missing the video of the conversation. Other than that it is always a pleasure to listen to Hougaard. It comes out so nicely how he is pouring his heart out onto/for the community.

[@Abhishekmaurya097]

Legend Tom, My trading perspective has totally changed after reading his book 'Best loser wins' Thankyou sir 🙏

[@mokobigbro]

always love when Tom is sharing his heart out. Thank you Tom!

[@TraderK67]

Thanks Steve! I've been waiting for this new one with my buddy Tom .❤

[@jnbadger1]

Author of perhaps the most necessary book on trading in a very long time.

[@E.E.]

Here to learn more from Tom :) Thanks to both 🙏👍

[@darwinmolina8531]

What a great conversation ‘ thank you

[@sactemp777]

Thanks from India 😇🙏

[@lovemykids7679]

it would be a lot better visually to see the people talking

[@remiewatkins8032]

Awesome thanks so much

[@900TornadoTre]

Steve, thank you for the interview. Tom mentioned the unpublished chapter in PDF format. How can I obtain a copy?

[@Jonas-ok7lz]

google -> "the story behind best loser wins pdf"

[@manoappapillai]

Thank you

[@garyportugal8035]

lot of great points here

[@Kendall_Meneses]

Thanks ❤

[@nishinishikant3706]

You are just awesome sir ❤❤❤❤

[@nishinishikant3706]

Hello sir, I request you to make speak mr.hogward, because we waiting for his single word, which connects us, I love hogward ❤❤❤❤❤

[@charlottecolstrupjensen9080]

❤❤❤ Tom thx. 💋

[@cycle-edgetrader]

Love Toms view on the amount of time in front of the screen being inversly correlated to PnL. At the bening you must have a lot of screen time in order to build your market schedule and your activity schedules. Later you can time your screen time in dependance to the situational framework in the market.

[@mephistomdc6476]

Can you interview dhaljit or Richard Bargh on event driven trading theme

[@captainherbalist8502]

I hear it as Bane from batman talking about trading

[@Tradebybarry]

32-34: how can you tell yourself to stop treating when you have already been emotionally hijacked. You said the trader should stop trading but I think at that point the trader doesn’t have any will power to stop himself. He will only stop after the damage has been done.

[@jaymoneytrader]

In the beginning, yes, but once you go through that cycle a few times, maybe you blow a few accounts you will be able to stop yourself if you truly want to get better at it otherwise you’ll have a natural stop, which is when you run out of money. Speaking from experience, I have overcome it.

[@johnvargas761]

Sounds like AI

[@laptoplifestyleromania569]

tom was a role model for me until i listened to phantom of the pits , and realized that he just stole all of the ideas of that old book and repackeged it as his own ideas,......even the title the best loser wins is just a line from that old book,....the whole adding.....its all what that old book is about, so he just stole all those lines from there,...... it was a sad moment to realize this .....bit disappointing .....but still he is a great speaker

[@richardcamp8301]

I suspect there's very few new ideas in trading - just new ways of packing it. I think you are a little harsh on him. I personally think SG and TH are fab

[@penghunter4565]

He doesn't deny the influence its in his book

[@dickens123]

Buy low hold sell high go on summer. Repeat.

[@laptoplifestyleromania569]

@@dickens123 just dont forget that tom preaches about buy high sell even higher and sell the low!!!! even in his book! i trade forex using what u just said so ur idea i guess it works more in forex then in stocks

[@michelle33MN]

...interesting point of view 🤔as @penghunter already pointed out: Tom not only doesn't deny the influence at all - but he provides an abridged version as well as the original version on his website in full transperency...just my 2 cents...🎯

[@marketsqueezer]

The main problem is risk management. and this is why most traders lose money. The second problem may be your edge is not good enough to be executed mechanically to make money. If the edge is good and the risk is controlled, then phychology does no matter.

[@moonshinemagic1771]

Risk management is psychology

[@marketsqueezer]

@@moonshinemagic1771 No, it is not. People believe they need to be strong psychological because they can’t find out to trade. It is that simple. Risk control is a part of the mechanical edge. That means when the Stop is calculated, then the position size is calculated after rating the Probability of the edge. Margin requirement is calculated too. Everything must be “mechanical”. Psychology is not “mechanical” and is only for weak traders.

[@ironhed515]

So much circle-jerk self-indulgent nonsense that is so prevalent in the trading industry. Most traders are failing because there simply is no edge to what they're doing, and they need to go back to the drawing board to diagnose the issue. You can waste years listening to babble like this, thinking that the reason you're not making money is somehow related to a morning workout.

[@muffuletta6751]

Alright, enlighten us. What do you recommend to ACTUALLY help improve trading skills?

[@Binarystacks970]

its not about edge lol

[@jaymoneytrader]

Tell us you’re losing money and aren’t profitable without telling us you’re not profitable. Because anyone that is actually overcome trading errors and can pull money out of the market at will we understand that this was a fantastic interview and five or 10 years ago you didn’t have people explaining it to you the way Tom does so listen to it again control your risk and good luck

[@ironhed515]

@@jaymoneytrader sure bud. I'm sure you're "taking money out of the market at will". A setup is either there or it isn't, doesn't matter what your will is. If you were really that good you would be trading for a firm, and managing an account worth at least $250k in relatively short time, not making KZbin videos and arguing in comment sections.

[@jaymoneytrader]

@@ironhed515 lol didn't realize it was an argument till you replied, so maybe you are arguing I'm just giving you my experience. And yeah at will market conditions permitting.