Trade Mentor - Part 10 - Trading Psychology

Professional day trader Tom Hougaard - Part 10 - Trading Psychology - Trader Tom introduces the TradeMentor education program, designed to teach you Forex and CFD trading through practical examples and real-life trading situations.
"Welcome to the TradeMentor education program". My name is Tom Hougaard, I'm a professional trader and I am here to educate you in the ways of Trading. "Trading Psychology"
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👉 For more related videos on Trading Psychology & Day Traders Mindset:
• Psychology
👉 Videos about Scalping as a Day Trader:
• Scalping
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[@brentbel1348]

Definitely glad that I found you and this channel!!

[@MindsetMojoHacks]

Great to have you here. 🙏

[@alverlopez2736]

Your explanation of positive expectancy outcome plus money management plus emotions management are what a trader apprentice MUST learn, this lesson you are giving is what differentiate a trader from a scammer

[@florianperszing3265]

Beautiful words, I used to have exorbitant expectations. The market verifies this quickly. Thank you for this material, I have radically changed my approach, as my test results show.

[@MindsetMojoHacks]

Thank you for spending your time watching 🙏

[@Matthias-pg6ot]

One of the best videos I have seen relating to trading psychology. An excellent analogy with the coin flip and how it relates to ones thinking of probabilities. Thank you Tom.

[@MindsetMojoHacks]

Thank you 🙏 Now you forced me to rewatch it. Have you watched the London 2020 Talk? kzbin.info/www/bejne/pnWzp2OhZrBqmKs

[@josephgerrety4321]

Pearls, You’re series is awesome man

[@MindsetMojoHacks]

Thank you 👍

[@wpchifuka6178]

This is definitely one of the best Videos I've ever watched thank you

[@MindsetMojoHacks]

Thank you 🙏

[@user-pi2qd6vl2t]

Tom, thank you for worth video. When you trade you work with the probability. I can have 3-4 losses in a row (for me its a lot because of not too frequent trades) but when i made profitable trade due the small stops I'll cover all these losses + get profit. With small stops, detailed plane, best entry point & patience (i have problems with last point) anyone can do good trades with high probability.

[@OusmanKerimBahr]

Thank you Champion

[@bestianyianyi5736]

I am glad fend Tom channel it is really useful for me Thank so much

[@MindsetMojoHacks]

You are welcome. Great to have you here 👍

[@sangeethcv4691]

Thank you Brother .. this was very insightful and an eye opener.

[@hamzaouhssain4409]

Thank Tom! This is an amazing video. I decided to return to my previous stake because I increased it too fast and to avoid to blow my account with a bad run. Thanks

[@MindsetMojoHacks]

You highlight a very important point. If you think you got it right you got to press yourself - no Sunday golfing. But if you feel you are always taken out with 1-2p to see it going your way it's a good time to scale down. The most important thing - trade to be able to trade another day.

[@continentalroomscom]

salute to Tom Hougard

[@MindsetMojoHacks]

🙏

[@buddyguy6816]

Hello Tom. Thank you for this great series. Part 9 and Part 10 is the same. So you accidentally uploaded Part 10's video to Part 9. Can you fix it please?

[@MindsetMojoHacks]

Yes, I know. There was no content in part 9.

[@boomboom-hx9uc]

When is the book coming out Tom ?

[@MindsetMojoHacks]

UNFAIR question 👀. Those people in the TelegramGroup all had the beta version free for months. If you like Tom's humor .... his next book will be titled how to write a book in less than 10 years. To answer your question hopefully soon.

[@SuperNegawsklov]

Awesome 💯💯💯

[@MindsetMojoHacks]

Thank you.

[@bikemike1118]

Thank you...makes sense. But how do you recognize when the market itself changes. Do you still think it’s because of randomness and continue with your system. Or do you recognize that condition itself has changed and therefore strategy has to be adapted?

[@MindsetMojoHacks]

Thank you for your question. But really too large to be answered here. It really depends on a lot of factors.

[@p3tr0l50]

Sorry but what happened to the part 9? I cant find it

[@captainherbalist8502]

great video! I have a question, if your take profit is double your stoploss wouldn't that diminish your probabilities? given that the price has to travel twice the distance to win

[@MindsetMojoHacks]

Good question - it will be addressed when the new Q & A section is up on the website. Between you and I, it's pretty easy to get in - but it's so much harder to get out on the right spot. If you are in the Telegram group feel free to ask when the new add-on to tradertom.com is up and running HOPEFULLY late this week. But delays have been seen before on web development.

[@dagarnesvenskerud5163]

Is part 9 missing? Can only see part 8 and 10

[@MindsetMojoHacks]

Yes. Part 9 had the right title and was a few seconds longer than part 8. But it was part 8.