Scalping the US opening minutes

[@GForceimpact]

That's the best 16 minutes I've spent in months! Outstanding content and coaching as always! Tom is the Grand Master of high stakes scalping AND the King of terrible jokes! :) Great combo! Cheers.

[@LennieClausen_dk]

🙏

[@peppercorndog]

Tom, for every idiot out there that is cursing you for their own inability to turn a profit, there are 9 others like me that have seen the light all thanks to you. I read your book cover to cover for three days, and then I tried it. Holy smokes. Adding to my winners changed my perspective completely. Also trusting the system - you can't truly get something if you don't want it or believe you cannot have it. Thank you, Sir!

[@sam_so_nice]

tom is the only trader on youtube i follow for learning and growing!

[@MarketManiaCA]

Transparency is so hard to find in the trading world. Thank you Tom ✌

[@LennieClausen_dk]

Thank you 🙏

[@Greatpersonhereonearth]

So true, a lot of bs everywhere

[@asgerms]

I love this style of video. So fast, direct and no-nonsense.

[@LennieClausen_dk]

Thank you 🙏

[@marketmercenaries]

man you're the best trader... the most relatable on... the mind is a powerful place. the major reason why pple fail in trading is because of how much they let a loser define them

[@suzannegundersen]

'get out and move onto the next one, the able to take a loss really quick is paramount to your survival and success as a trader', 'when scalping it's very quick in and very quick out if it's not working' great advice!

[@atrader7130]

Great job, Tom. You are fabulous. Your free Scalping and Price Action book, COMING ON THE 30TH APRIL, in one of the next years, probably will be a gem. Please keep sharing your wisdom.

[@idiocracyBonanza]

Wow I'm so lucky to find your channel Tom. I know everything about the technical trading every single nuts and bolts but not much about the psychology and my enemy no 1 my brain who wants to unvilingly sabotage me. You are hands down the most honest and ONLY REAL TRADER with proven track record on entire KZbin. Absolutely love watching your content.

[@LennieClausen_dk]

Thank you 🙏

[@jungletrader8123]

Simply wow. Your commentary really shows the amount of hard work and mindfulness you put into your craft. So much emphasis on psychology that will benefit any trader on any time frame. Thank you!

[@ericfan9922]

Hi Tom, I bought and read your book “ Best loser Wins”. I enjoyed reading it and it really affected and changed the way I think about my trading. I am a part time day trader who blew up my account twice in the past 14 months. But I won’t give up and by reading your book plus practice on paper trading, I believe that will change my trading in the near future. Thank you for the video!

[@mysteriousgate3422]

one year passed, any improvement from your side?

[@russ3474]

I love the honesty. I can feel how real this is. Thanks Tom 🙏🏿

[@gmiles119]

I've listened to your audiobook several times, I always seem to pick up something new each time. Your transparency, honesty and integrity are impeccable, and rare in this business. As a long time trader yourself who came up through the ranks, I don't have to tell you how much it means to a trader when they hear someone in your position flatly admit that he has had a couple of bad days. I had one today, and hearing this from you meant a lot. Thank you for all you do for the trading community.

[@LennieClausen_dk]

🙏

[@ngaizaprofx]

This is what I ever wanted. I have been swing trading for years, But now I am looking forward to be a professional scalper

[@iosis2009]

I absolutely love this man's openness and honesty. It's just as important for us to understand your losses as you wins. Thanks for sharing with us

[@LennieClausen_dk]

Thank you 🙏

[@ixiruxa]

Hi Tom, thank you so much for your unglorified frankness. I feel a little better about my scalping trades now and realize I'm not alone. Thanks, Toni in Bismarck, ND, USA.

[@LennieClausen_dk]

At my signal "unleash hell" 😉. Scalping is VERY hard and intense. Perhaps it would be better for you to go up in timeframe and down in size?

[@MarketManiaCA]

Tom you are truly the best trading teacher on KZbin. Your generosity is much appreciated.

[@LennieClausen_dk]

Thank you so much 🙏

[@MorrisOnions06]

I saw Tom in person at a trading event in London many years ago (2002 ?). His honestly makes a refreshing change from a lot of the hindsight trading video merchants. I've been in this game a while, but it's always worthwhile to learn more.

[@all_out_of_bubble_gum]

Tom I know you from the Trader's Magazine and Just wanted to thank you for the Work you do for us ! Now I am on reading your book 😊👌👌👌 Stay inspired and healthy 👍

[@stevesabin6337]

Hello Tom, what a great video! Thank you for being so honest and transparent with your trades. Clearly, you are a very methodical and successful trader, but it is refreshing to note, even successful traders have off days. Thank you for the educational, and motivational content Tom, it is greatly appreciated. Onward and upwards.

[@donkeyface]

This guy is great. The book is great too. “Best Loser Wins” - I suck at losing, but I’m not the absolute worst.

[@tatianna3251]

I really appreciate hearing someone as experienced as you share that your confidence has been shakend up by a couple of bad days of trading. I'm a new trader, struggling with consistency & trying to build my confidence. Yesterday was fantastic & I fell great, today not so much (SIM). Hoping to take the dive in my live account next week. Thank you for the videos.

[@LennieClausen_dk]

If you look thou the streams - you will find something like the day after a great winning day. This one - like 10 secs in: kzbin.info/www/bejne/eYfLmYiFaNWlmLM

[@powerfulsparks]

This approach to trading is so refreshing to hear, I’m on board 🚢

[@tuancharlie1]

I'm currently watching your talk at the trading psychology event but wanted to comment on your channel. You are the Jason Statham of trading and already been kicking some hard truth into my stomach. Thanks so much for sharing, I happily pre-ordered your book and will dig passionately into your channel. Cheers 🙏

[@LennieClausen_dk]

Hello Tuan, Welcome to the channel and the community. A video I would put high up on my list is the very first video Tom ever charged on this channel: kzbin.info/www/bejne/mmjagnypmc6LkLM

[@carlost8773]

I appreciate your transparency so very much. I've listened to "Best Loser Wins" twice in 3 days. Dood, wow ... I don't know how to express my gratitude as huge as I want to. I ordered my hardcopy cuz I have to have it. You're awesome for sharing what you do.

[@LennieClausen_dk]

Welcome to the club 😉 I have the audiobook the paperback and the fancy hard-cover versions.

[@juanigomez1]

I been improving my English a lot thank to the videos of Mr. Hougaard ,what a great teaching for the young trader of the world , Im beginning to see profits and it's no doubt than this video (like all the others videos )had a great impact on my mind . Thanks Tom and Lennie for took the time !!greeting from Argentina

[@LennieClausen_dk]

Sounds like a win-win. You improve both your English and your trading. God job. 👍

[@AnneMarieBaiynd-TheTradingBook]

Love your transparency …love your bravery. Learning a lot about boldness from you.

[@LennieClausen_dk]

That is great to hear 👍

[@TheBadaboombadabang]

Oh my God, thank you so much Tom! This awesome! Please give us more like this if you can. Thank You!

[@LennieClausen_dk]

Don't expect a lot more until September. But You can find a TON of good content on the channel until then.

[@darakane666]

As always, Thank you for the golden knowledge you share here and in Telegram. All the Love from Algeria.

[@LennieClausen_dk]

Thank you 🙏

[@paulsanderson8656]

Refreshing to see real trading experience and thank you for the dealer information.

[@Orange_Trader]

Thank you for your honest in sharing knowledges as well as trading psycology. By far the most inspiring educational contexts.

[@jamesk6673]

You spoke all my 10 years of failures within 10mins mark. May I ask if you ever considered setting a pre-determined TP/SL so you need not manually close your trade?

[@DaytonaJim78]

Thanks for everything you do I am striving to learn to trade the way you do. I love everything about it, scalping is what I love but I still suck lol I won’t stop till I learn I am super passionate about trading I started with stocks but love forex and really appreciate your drive and free advice and signals on TG but unfortunately I live in the USA and work full time so scalping is impossible do while at work. I can only trade Asian in the evenings I Can’t wait for your book and stay safe brother

[@FadaOfLegends]

Really appreciate the transparency. This is right on time. I feel fortunate to have stumbled upon the channel early in my trading career. Salute ✊🏽

[@JamesWilliams-qn5cq]

You are such a great teacher. Thank you for your clarity, detail and forthrightness. I really want to give you the Obi-Wan Kenobi award, because I think you're a Jedi master.

[@LennieClausen_dk]

Tom really earned that Jedi Master award....

[@renebleu8711]

Love seeing Veteran scalpers. I love to intraday but I love scalping so much more. I’ve been profitable at both but came to a hard stop when trying to switch back and forth. I’m now paper trading to train myself on when to scalp and when to hold with a bias towards scalping the first one-one half hour of Ny open. Thank you Tom can’t wait til you’re back in Sept.

[@LennieClausen_dk]

My 5 cents - trade live but as small as you can. Paper trading in the best case doesn't do anything good in the worst case you trade way too large and can't concentrate.

[@renebleu8711]

@@LennieClausen_dk Thank you. I was thinking black and white either 10-20 thousand account or passer trading. I’ll start with 500$ enough where I won’t hurt me mentally.

[@LennieClausen_dk]

@@renebleu8711 Who are you trading with? My broker allows me to trade as small as 1 dkr (about 1/7,5 of eur) per point. That would give you some 3k points for your $500

[@renebleu8711]

@@LennieClausen_dk I only trade cfds. What’s your broker ?

[@renebleu8711]

@@LennieClausen_dk thank you will do!

[@sanketpatel1376]

What are the charges per trade?..if you take 10 points in 1 trade then how much you get after all charges?..

[@manny2br]

Mr tom which broker has spread like your broker if we are U.S based? Your broker only accepts Europe and not u.s customers? Any suggestions?

[@earthpilot8500]

Tom, thank you for tour of the trades. Your trading psychology video series was really good. This is a refreshing look into someone who knows the battlefield and how to perform on it. ICT approved, I will be a sponge for months maybe years. 🙏

[@anujpeepre4657]

Incredible analysis, the way you read the market is awesome, thanks for this video please keep sharing

[@tradingcrush]

Thanks master , learned important thing in video. worth 16 min.

[@tomaszmakuch7205]

You are my trading dady. Thank You .

[@TheStrataminor]

Ewwwww dude...lol....How about 'my cool trading uncle'...

[@itskeko503]

This man…. Has opened the gates to what real trading is like. Deserves MILLIONS of subscribers

[@boryspuchal9432]

Great video Tom! I was lately scalping during FOMC meeting. That was amazing volatilty ! What is Your accuracy at openning scalping ? Did You count this % ?

[@duketogo2616]

4:31 - That trade just pulled back into the fair value gap. That 3 candle pattern where you had a big rip candle up where neither the previous or subsequent ones had price go back and revisit that area the ripstick powered through. The algos seek areas of liquidity or to fill imbalances. What it did was fill that imbalance and then went higher. A good trade there if your higher timeframe perspective is bullish would be to take an entry at the FVG & risk the low of the range or candle that produced it targeting old highs.

[@ThePhulosopher]

Wow, thanks for showing the losses as well as your thought process through out the trades.

[@LennieClausen_dk]

Kinda rare people sharing losing trades on the net.

[@nuksxnn69]

Hi Tom, I wanted to ask you since you mentioned here you don't use any indicators and your style is based on observation of the candles. Yet, in another video of your strategy, you said you used 89 EMA & Stochastic Divergence to trade. Can you explain why? Thanks

[@superwalnuts8760]

great to see you Tom, can't wait to read your book.

[@bobby6322]

such a great vid. great details and screen shots helped a lot.

[@JB_Asc]

A TRUE LEGEND!

[@Maylando]

Your Videos help me and open my eyes , it changes my trading absolutly and your great Telegram chanel, thank you so much Tom

[@LennieClausen_dk]

Tom doesn't have a Discord channel.

[@Maylando]

@@LennieClausen_dk sorry Lennie my fault

[@LennieClausen_dk]

@@Maylando You are welcome - great to hear you find value in Tom's work

[@firefly6491]

What currency should i trade with, when i'm from Denmark. Thanks for the content, cheers

[@LennieClausen_dk]

Do you mean on your TD365 account (I would go with dkr single currency acct) or what FX pair (all major pairs are just fine) to trade?

[@shyampandore144]

Mr Tom super trader 1 single question when market is in range bound how you take trade on upcoming big move plz make vedio pn detail From India lot ok bless to you sir

[@jambear7862]

Hallo Tom, thanks for these great videos, ive sent a request to join the telegram day trading group how long does it take to get added? Thanks

[@Megastroke]

How do you execute when something moves in less than 1 minute?

[@nmczvRani]

Hey guys, on TD365 demo accounts, when trading are the fees already incorporated? so whatever I made/lost is what I can expect when live trading?

[@LennieClausen_dk]

It depends you can use buy price/sell price or middle price. I think most use middle price... So let you want to buy Dow at 30.000 in US trading hours with 1 point spread. You will pay 30000,5 for the entry you run it to let's say 30010,5 and exit. Your exit price will be 30010. I hope it helps.

[@tubemantom]

really love toms authenticity

[@LennieClausen_dk]

Thank you 🙏

[@rhknight6649]

Great video, Tom, & brilliant logic ☺

[@mostafaismail43]

Wonderful video Tom.

[@extremecarpbro8513]

legend!!!!! thank you for al the tips and tricks!!!!!!!!!!!

[@Dee8Bee]

Thank you 🙏🏽

[@Nikolas____]

how much did you you invested to take that profit ?

[@yaserkh1302]

Hey tom, is your 1m scalping stop loss dependent on 15m tf? and which time frames do you include to your scalping for about 20 points? much love

[@LennieClausen_dk]

Right now I will only answer this part "Hey tom, is your 1m scalping stop loss dependent on 15m tf" NO !!!

[@renebleu8711]

For 1m use 5min as a leading indicator.. I like trading in the 15m whether scalp or long holds.

[@Greatpersonhereonearth]

Invaluable! I trade us opening but not so aggressively of course. Very important reminders about concentration on your timeframe, closing losses quickly. 👏

[@Greatpersonhereonearth]

Tom is in Europe, why the number is in the us? Silly scammers

[@LennieClausen_dk]

​@@Greatpersonhereonearth Indeed but they are so annoying to remove. It Takes time away from producing content.

[@Quoteme4]

Great insight and explanation into what seems like chaos on higher time frame. You mentioned tape in the video do you look trade using the order book?

[@LennieClausen_dk]

No Tom doesn't use the order book.

[@ilyich.guatemala]

I’m watching between 8 and 9 mins when Tom tried shorts... Lenny, check yesterday: nq and es on the opening of US - big white candle and continuous falling till the end of the day.

[@AM2K2]

Very honest and intriguing video - thanks

[@LennieClausen_dk]

🙏

[@jenisgiles]

Great stuff as usual Tom, I had to replay some parts to catch all the golden nuggets. Loving it!!

[@eddyvideostar]

Scalping without stops sets up situations of risk. One would need more than one internet connection and provider.

[@loretojr]

Thanks for this..

[@KKKKKKK12344]

Highly respect what you do, share, explain and show. 🙏🙏🙏🙏 Tom, Thank You.

[@thebeekeeper4336]

Hi Mr hougaard well you have mastered trading your style, grate trading , but for a ordinary trader it would be hard to follow very fast . for me your first trade on the tech you sell 11913.9 was for a down but for me I would buy the dip on that open bar way because 8 out of 10 it will brake the high of that first bar my stops would below that first bar. you are an exraordinary brilliant trader but for me you are hard to follow your style. its grate to see you doing so will keep it up Robert Howlett p/s I am not half the trader you are brilliant go for the top

[@ciananmacreamoinn9253]

Great video Tom...question...their spread is tighter than the actual market. Are your trades actually being placed in the market or is the broker just keeping them on their book and taking the other side of your trade?

[@LennieClausen_dk]

We use spread betting (trading) - it is not a "real" product ... but hey - who cares you can get in and out for a low spread. We should be naive if we think that our 1,2 or 5 lot or even Tom's size will move the market one bit.

[@ciananmacreamoinn9253]

@@LennieClausen_dk But why would Tom not use Direct Market Access, given the size he's trading?

[@dirkdarwin2571]

Hi there! Just finding your channel after months of watching interviews with you - which I've learned a great deal from. I'm a swing trader, usually a few days to a few weeks (although I do the odd day trade based on earnings etc). I was just wondering what your thoughts are on the methodologies of traders like Stan Weinstein, Bill O'Neil, Nicolas Darvas, David Ryan, Mark Minervini etc etc...

[@LennieClausen_dk]

Welcome to the channel - please rewatch here in the future 😉 Please don't ask us to review other traders. If you watch some of the streams you will know where Tom stands overall.

[@subhasarkar186]

15ema comming in trade no. 2 in order to identify target

[@kodenorth]

One of the best and honest traders I've seen online. Btw how do i join indecies tg channel?

[@LennieClausen_dk]

You can find links to the 2 Telegram channels in the upper right corner of this channel's start page.

[@MrAcSP]

Is the spread at this Broker also fixed during news like nfp?

[@LennieClausen_dk]

yes

[@Chris-if3qi]

@TraderTom... please, can you make a video specifically on how to add to your winners the right way. There is almost no video on this topic online that dives deep into the intricacies of adding to your trade. It is one of the most important topics on trading. Thanks in advance...

[@LennieClausen_dk]

For now, you have to settle with these videos: kzbin.info/www/bejne/qHTCZ3eZndGYeck kzbin.info/www/bejne/fHaylnmkg5ijmq8 kzbin.info/www/bejne/f2qlZWeQmt6tjq8

[@tomojeetchakraborty5459]

Thankyou sir... excellent teaching.

[@Nooneis0]

I'm new Bee in this Wallstreet KZbin shown me you after 13months of kept searching Best .

[@aks1852]

Tom. You left some money on the table first trade. There’s no problem with securing the bag!

[@sukhmaidickoff]

Not entirely true. You CAN actually blow your trading account by taking profits too early. Of course it is always a balancing act - and this is one of the most difficult aspects in trading. But if one does not from time to time have a "runner" then it will be difficult to become a profitable trader

[@AnthemDrums]

Great content as always. Thx Tom!

[@LennieClausen_dk]

Thank you 🙏

[@Tony-uh1vg]

Thanks Tom (and Lennie) :)

[@LennieClausen_dk]

You are welcome Tony 👍

[@edit1410]

TRUE TRADING LEGEND

[@gavingeier22]

Is there anyway I can daytrade the nasdaq and dow like Tom does being a US citizen with a balance of $2500?

[@LennieClausen_dk]

No due to US laws - you got to trade futures.

[@gavingeier22]

@@LennieClausen_dk Thanks for the info, Lennie. That does make me quite upset lol. I'll look into futures trading. Say I find a good broker and get the hang of futures, can I trade alongside Tom for a few months on his live telegrams during the US open?

[@janmeijer9774]

Thanks Tom!!

[@pawanunique500]

Thank you

[@cileniomagul]

Thank you toom

[@zoltanmrena9138]

Thank you mate!

[@nmczvRani]

Tom which broker do you use to trade ?

[@LennieClausen_dk]

We use TD365.com

[@absjsjs]

What broker do you use thats giving you 0.4 spread on FTSE100..? I thought my broker was decent and its 2, which isn't bad for a 7000 point instrument. Who is offering 0.4?

[@LennieClausen_dk]

We use td365.com

[@Tradinghonest]

I feel like with your experience level, you should know what the spread looks like in an orderbook.

[@nmczvRani]

Hey guys and sorry if this is a dumb question So when we get charged spread as the commission on buying and selling Forex pairs with a full standard lot, my question is if I trade mini lots do I pay the full spread or is it going to be a 10th of the spread?

[@LennieClausen_dk]

Depends on the broker but it should be around 10% +/-

[@nmczvRani]

@@LennieClausen_dk on TD365 for example

[@LennieClausen_dk]

@@nmczvRani sorry. With TD365 if follows the size. If you 10% size you pay 10% fees. If you trade double the size you pay double the fee.

[@nmczvRani]

@@LennieClausen_dk so by trading 1mini lot Ill pay 10% of the spread?

[@LennieClausen_dk]

@@nmczvRani TD365 is not futures so please forget that. What we do is I want to trade let's say 10£$ or whatever per point. So every time it goes 1 point in your direction you earn 10£$,

[@Andrei-gt7pw]

Great stuff, as usual.

[@sanketpatel1376]

I want to start trading in nasdaq or dow..which are the best brokers for scalping in canada??..

[@LennieClausen_dk]

Canada has more or less the same laws as they have in the USA. So I am not sure we can help.

[@stukyu]

You get the rough with the smooth with Tom, he is quite unique in that regard as so much bullshit in the trading space. "Honest Tom".

[@Lursis64]

Thanks for sharing your video ! I have a similar trading stile,the hardest part is to get out of losing trade ! :)

[@Thaprince9]

Did he say a 400% add on? Wow. He's a beast. I like him.

[@only_passing_by]

Great video, clear and concise. Thank you again for all your work :)

[@LennieClausen_dk]

Thank you 🙏

[@ashleybrown325]

Thank u 🙏