Best Loser Wins - Flip The Switch

Tom Hougaard - Trader Tom - Best Loser Wins Flip The Switch
Best Loser Wins - FREE Article:
tradertom.com/...
👍 Please like, subscribe & comment if you enjoyed it - it helps a lot! 👍
👉 If you hit the “Bell” icon (🔔) you will receive a notification on youtube every time that we upload a video on our channel.
👉 For more related videos on Trading Psychology & Day Traders Mindset:
• Psychology
#TraderTom #TradingPsychology #TradersMindset
Telegram Channel & KZbin Channel Disclaimer
This disclaimer is posted ahead of each KZbin live trading streaming session and at the beginning of each trading day on the TraderTom Live Day Trading and TraderTom Live Swing Trading Telegram channel.
Tom Hougaard is providing a free service via KZbin, TraderTom.com, and on his two Telegram channels. If you see him charge for a product, you are likely buying from someone who is fraudulently pretending to be him. Please email [e-mail] if in doubt.
The training and information provided by Tom Hougaard and his appointed representatives are for educational purposes only and designed to contribute to your overall understanding of various types of trading strategies, such as “Scalping”, “Price Action Trading”, “Trend Following”, and “Swing Trading”, but not exclusively to these areas of trading.
No claim is made that following Tom Hougaard’s trades will lead to profits. The purpose of the KZbin Live Streaming and the Telegram Channels is to educate. The output from either media outlet (KZbin/ Telegram/TraderTom/other outlets) does not provide any investment advice and does not involve any recommendations in relation to personal financial circumstances or investment needs.
Tom Hougaard is not a regulated financial investment adviser. The information provided may not be suitable for your individual circumstances or needs. You must always obtain independent investment advice from a licensed investment professional prior to making any investment decisions.
Tom Hougaard and his appointed representatives do not offer trading recommendations for you to copy. Tom Hougaard trades live for you to view. Tom Hougaard trades on a genuine real money trading account. Not every trade Tom Hougaard takes is public knowledge. Tom Hougaard may from time to time execute trades on a simulation account, for example during a demo competition with the Telegram groups or illustrate certain educational price action perspectives, without the pressure of managing real money, whilst instructing. No claims or representation of money being earned is made. It is always up to you to make your own decisions on all trade-related actions.
All trading involves risk, be it CFD trading, spread trading (spread betting) in whatever asset class you are trading. Some brokers offer Negative Balance Protection, meaning you can’t lose more than your deposit. Some brokers do not offer this insurance. Be mindful of that. You must be aware of the risks, and you must accept them before you start trading. By accepting this disclaimer, you acknowledge the risks involved in any trading product including (but not exclusively) spread trading and CFD trading.
You also acknowledge that you, the subscriber, and not Tom Hougaard, are solely responsible for any losses, financial or otherwise, as a result of using this service. Tom Hougaard shall under no circumstances be liable for any lost profits, lost opportunities, misstatements, or errors. You also agree that Tom Hougaard will not be held liable for data accuracy, server problems, or any special or consequential damages that result from the use of, or the inability to use, any or all of the materials published, or videos recorded.
You agree to not hold Tom Hougaard liable for any actions resulting directly or indirectly from this site, its data, content, materials, associated pages, and documents.

[@creatcity4184]

Im not a trader but i read this book its switch my mindset to 95% to 5% not complete but im trying...i got this massage to my life.not to trading..thank you Tom ❤️❤️

[@thelonewolf550]

it shocked me when i realized that ive been working wrong this whole time now i am confused on what to do i just bought the book so im going to start reading it and after i finish i will just try to figure out what to do next but it hit me man i still want to trade i just dont know where or how to go and how to do it i started to give up but im going to do something new and just watch the charts everyday i dont care anymore

[@kingdemon4236]

What the 95% do: 1) Buy the dump. Trying to find the lows instead of looking for a place to short. 2) Short the pump. Trying to the find the highs instead of looking for a place to buy. 3) Adding to losing positions. 4) Not adding to winning positions. 5) Increase position size when losing trades and decrease size when winning trades. 6) Taking profits because market will take away their profits 7) Increasing stoploss because market will reverse 8) Starting trading with high sizes to get the dopamine from gambling and getting huge rewards. What I do, why? Because I aspire to be a consistent winner: 1) Look for a place to buy in a mark up phase and a place to sell in a mark down phase. 2) Add to winning positions 3) Reduce size when I'm losing and increase size when I'm winning. 4) Take profits systematically and hoping to get more profits. And always looking to decrease my risk. 5) Trade with lower size to get my mentality and trading better and then increase size gradually over a number of trades and samples. 6) Waiting like a lion for my trade. Not trading every market movement. And if I fail, I try again, and again, and again. Does a lion give up because he fails one time? No. Thank you TraderTom.

[@LennieClausen_dk]

You sum it up pretty well 👍

[@jominksimon9296]

😍😍😍😍 No words!!!

[@capdui]

Uhm no, buy the dump is the best because it is the original of the new (up) move. This is the trap that catches all the retail traders, but you need correct tools to spot institutional buying and not from liquidity providers 😂

[@slawomir1383]

I lost some position but then I reminded myself all that Tom is trying to teach ( inculding today subject - best looser wins ) and ended day with a profit... his live trading videos are awesome and I treat it like a mentorship :) Great Job as usuall.

[@LennieClausen_dk]

Good job. And I agree you can find good sections on most streams. I try to get time stamps for all ... but it really takes time.

[@cryptosquall3535]

Honest videos like this give me great joy and confidence watching a big player like Tom being transparent about his losses and wins, it sets my state if mund back on earth I cannot thank you enough sir from the bottom of my heart, thank you🙏.

[@AnalystAndy]

Best man. Tom changed my trading game. He is the single most honest guy in the trading game.

[@DavidElstob73]

True story. Tom is everything the fake gurus should be.

[@andersdall7192]

@@DavidElstob73 Spot on

[@LennieClausen_dk]

Thank you 🙏

[@ruggedsailor2090]

True Tom is An example of a true trader...

[@LennieClausen_dk]

@@guyredares No one asked you to be here. If you don't like what we provide for free ... with no stupid youtube ads. I bet you can find a lot of other channels.

[@Cachoeira1986]

Dear Tom, you definitively helped me out with my trading and I did not regret to buy your book + to watch your video - especially the last advice to focus on the process beeing professional rather than getting angry. Thank 1000 times, Tom, I hope to see you once in person and to be able to tell you my personal success story!!

[@thomasblade4788]

Your videos really opened my eyes on how i see trading, especially when you said at a talk ' Most people who trade are smart, but that's exactly why most are losing, thinking smart and logic is exactly what doesn't work ' something along those lines. Since then i threw everything i knew out the window and focused on taking positions where no one dares to, and to much better sucess, so i want to thank you for sharing your knowledge and wisdom

[@LennieClausen_dk]

Thank you, Thomas, I have posted links to "Best loser wins" article in the description/pinned. If you haven't read it you should.

[@subbuc926]

Tom Completed your Book and Loved it.. It looks Bhagavadgita of Trading Psychology.. I need to read 5 more times to sink in the content for Practicality. You deserve the BEST. Awesome last chapter.🙏

[@nirmala7990]

I am an Indian trader, live in Salisbury UK. Following you since a month. Excellent & knowledgeble videos. Thanks a lot....

[@LennieClausen_dk]

Thank you 🙏

[@happyhawn1856]

“What is your process?” Best place to start as a trader. Excellent video Tom.

[@malusimathaba4040]

i've been following you for over 2years now TOM theres none other who does it best then you so transparent and honest about what TRADING Is and what it isnt

[@ZxZ239]

I agree with you fully, before I was soley focused on whatever I make or lose money at the end of the day, now looking back on it, it was more luck than anything else. Now at the end of the day, I count how many trade I did was following my own rules vs let my mental pitfalls take over, even if by the end of day I was losing but if I was following my rules than that day would be a success. Same for if by the end of the day I was earning but I traded base on fomo, chasing, revenge etc. than I would consider that day a failure.

[@Willycheng590]

This was brilliantly put together. I’ve been watching videos on youtube and with professional help, I’m making outstanding progress with my trades.

[@Pambegay]

I’m pretty new to trading, and all this just seems too complicated to understand. How are you doing it?

[@Willycheng590]

Herman Jonas is the brain behind my success. As a pro trade analyst, he oversees my trades making me colossal profit. I just reinvest at intervals.

[@Aengel9]

I tried trading myself some time last month and lost a ton of money as I was ill-advised. Can you please direct me to him as I’d like to hear from an expert?

[@Lilybee931]

Hiring Herman as my expert trader was a game-changer. His in-depth market analysis and strategic insights have consistently led to profitable trades. I've not only grown my portfolio but also learned a lot from his expertise.

[@sinazonathidikwayo1984]

Oh Herman 🤦🏾

[@AnthemDrums]

I was elated when my copy came - earlier than expected as well. This is a great book! I love the story of the first time Tom added-on to a trade. The next day after reading this, I entered a trade as the emini was breaking out below supp - the next bar closed at its low, so I added on. It felt great! I am learning to trade and my expectations are that of a learner and it feels great to do something that I know I should be doing. Love your work Tom Hougaard!

[@LennieClausen_dk]

That is great to hear - Good Job

[@Arc-]

Criminally underrated video that is 2 years old and still relevant to traders at a fundamental level. This is the video that got my sub. Thanks Tom

[@cancerberoes]

Again, really important video for me. When I lose a trade I usually try to double my position in the next trade, instead I should cut it by half as you suggest, to calm my mind. Thank you for you great teachings!

[@GForceimpact]

Brilliant video Tom! You REALLY shine in so many ways when you're on video format! Your voice, manner, tone, warmth and humor. Please do more video work with your live trading! Cheers and thank you for all you do!

[@LennieClausen_dk]

Grant X you should really watch Tom live on stage ... That energy he gives is just amazing.

[@britdoestravel]

Amazing trader with brass balls. Refreshing to see a totally open and honest trader. All the best to you Tom.

[@LennieClausen_dk]

Thank you 🙏 You will find other good content on the channel.

[@mariosam2]

Thanks man. I am a follower of you telegram but never send a message. Anyway i want to say thank you. You re the only one that post the trades before happening.

[@LennieClausen_dk]

Thank you 🙏 ... most gurus are busy selling online courses, paid for rooms or indicators.

[@wardosman2875]

Truly admirable trading and transparency Mr. Tom - I will learn from this lesson and reflect, thank you sir

[@krisbailey4279]

Great content Tom! No flashy guru shit, just calm rational thinking, it’s a breath of fresh air! Cheers 🍻 from 🇨🇦!

[@LennieClausen_dk]

Thank you Kris 🙏 that is exactly what we try to do. We have no ads here we sell no t-shirts or cups. The t-shirt thing is a mistake - I would love to have the shark quote on a t-shirt ;-)

[@Vester547]

I am so glad I found your channel and website Tom. It’s been a huge help learning and you can’t imagine how much I appreciate that you’re giving all that help for free. It’s amazing what you do 🙌🏻 Next I have to read your book!

[@TCETRADING]

2 years later I’m watching while up $200+ first day $15,000 prop firm challenge

[@vishalchavan2938]

Which prop firm?

[@mattfalco_]

Thank you for your time and effort in helping developing traders. Your book hit home in a major way. Blessings to you Tom.

[@LennieClausen_dk]

That is great to hear 👍

[@adecraig]

I have just finished the book less than 30min ago. Absolutely love it and love you for doing what you do. God bless 💙

[@LennieClausen_dk]

That is great to hear 🙏

[@razmikgharibyan3114]

Why is this lowkey the best trading video on the planet.

[@nhumwha]

Tom, I applied pyramiding winning position as you teach in the book. It was really difficult mentally at first however it worked very well. Before that, I always scaled out winning trade. It feels good but not the right thing to do. Thank you very much.

[@travelgirll]

Thanks Tom! Deeply appreciate your work

[@Tradefusion]

Indeed!!!!!!!!!!!! the Only True Honest Person I've seen in 15 years!!!

[@LennieClausen_dk]

Thank you 🙏

[@1MillionareMentor]

Amazing content, I came across you by accident Tom, and thank god I did. There is only word that sums you up my friend. You have 'INTEGRITY' . !! Have read you book 'cover to cover' every single word is a golden nugget'. If that does not show people how to join the ranks of the 10% of traders who make money, I don't think anything will. God bless you my friend, you have a good heart and the only person in the trading arena not ripping people off selling useless courses. The crazy thing is ALL your stuff is 100% FREE. I mean if that does not motivate anyone to get of their back side to learn the skill of trading , then they don't deserve to be a success in the first place.

[@LennieClausen_dk]

And as crazy as it sounds I am working on 2 or 3 videos to be posted soon. We/failed to/refused to turn on ads,,, Stay tuned.

[@Elena-yu3mt]

Mr. Tomorrow I am watching you closely for two weeks now. I love your style and your hard work! You are an inspiration for me. Thank you for sharing with us and all your effort to teach us! Thank you 💛

[@LennieClausen_dk]

Thank you for taking your time to watch 🙏 If you are new here you should watch London talk part 1,2 and 3. Link to part 1: kzbin.info/www/bejne/pnWzp2OhZrBqmKs

[@chilidog73]

Thank you Tom for the Telegram channel and all the help you give! It is very much appreciated.

[@LennieClausen_dk]

You are welcome 👍

[@anthonyadams3226]

Thanks Tom for yet another awesome video. An amazing amount of knowledge you pass on to us and I as well as many many others are grateful for the non BS.

[@LennieClausen_dk]

Thank you, Anthony, 🙏 It is always great to hear that our (Tom's) helps people.

[@harishshrisai7062]

Wonderfully explained a very valuable insight....grateful to you...and most importantly highly impressed by your regards to your mentor Dr VP..whom I do admire a lot...regards

[@zaid5861]

you cant find anyone more honest than him. i listen to him trading everyday, hence i cannot catch his trades since market moves fast but he is a good trader and in the middle he tells good jokes and stories. keep up the good work mate.

[@LennieClausen_dk]

I think it is more important that you learn vs earning some points 👍 lol Tom and good jokes in the same sentence 😉

[@zaid5861]

@@LennieClausen_dk yes, i learnt a lot from him. :)

[@TordoRodado]

Genius!!! You are the best Tom, thanks, I've been following for a year or so.

[@LennieClausen_dk]

Thank you 🙏

[@g.y2338]

It is really sad that most of the legendary traders died... Jim simons, richard denniis, david paul, mark douglas.. Long live tom!

[@thomasalimohamadi9140]

Thank you Tom for sharing your honesty 🙏🏻

[@MyName-fs4xj]

Thank you Tom. I probably learn the most from you…

[@LennieClausen_dk]

Thank you for watching 🙏

[@isaacteti2747]

Never heard of honest forex talk than what i heard from Tom Hougard..cheers man

[@LennieClausen_dk]

🙏

[@jagparuchuri7558]

Adding to winners. Excellent. Thanks Tom. You are a Legend.

[@olaoyefaith]

Thank you tom ❤ reading your book and mark Douglas trading in the zone has reset my psychology has changed my life.

[@Happy99918]

Great video showing the chart and explaining is very helpful 🙏🏻 thank you

[@ioncoman1755]

Really difference making details and aproach! Thank you!

[@Patso65]

Excellent message Tom, thanks for sharing.

[@konradkudzia28]

Great book, I've swallowed it it few sessions. Thank you for sharing your experience.

[@shanazmohammed2655]

I was soooo happy to see a KZbin notification that Tom had posted a new video! Yips. Thank you again for your wise words.

[@LennieClausen_dk]

🙏

[@AhmedAli-tx2sy]

I wish all the traders out there especially the beginners could watch this video to understand how to control their emotions while trading. i have been trading for two months now and ever since i started following you Tom my trading journey has incredibly changed. i may not be making a lot of money from my trades but i'm having a more number of successful trades than before. Thanks again for your efforts Tom!!!

[@LennieClausen_dk]

That is great to hear 👍 Few people master this business as fast as they would like to. But every journey starts with the first step. Then another and another and suddenly you are at your destination.

[@michaelheschl-mendoza1076]

Wow! What a great and transparent way of showing how you handle losses. Thank you Tom!

[@LennieClausen_dk]

Thank you, Michael 🙏

[@floydsmithjr7999]

The last trade I took, 2 days ago, the 5 minute turned, the 1, the 15, even the 1 hour turned, finally a stubborn resistance was broken, I entered. The very next 1 minute candle, a devestatating red dagger that blew right past my stop, I exited immediately with an unacceptable loss. It was the right exit because the next 3 candles dropped like a 10 pound stone in a pond. About an hour later it managed to retrace back up to break even but failed at resistance again. If I had held on I most likely wouldn’t have survived the price action and taken a devestating loss. The point is, relative to this video, I didn’t step back far enough, looking at the macro. The chart looked good, but it was an option expiration Friday coupled with a few lackluster earnings reports, the sentiment was not on my side. It’s so important to take EVERYTHING into account. My first instinct prebell was logout and take a 3 day weekend. I didn’t and I paid for it. The most important lesson for me from this trade, coupled with recent past experience, is “Don’t trade on Friday’s” mostly because my brain is winding down from the week and not functioning properly. Know thyself. Remember: The market isn’t going to do what you want it to do, the market is going to do what it wants to do, and rationality and logic are not in its game plan. My favorite statement from anyone in this business is from Warren Buffett: Rule #1 - Don’t lose money. Rule #2 - Follow rule # 1.

[@myanmarforexacademy5617]

Watching your videos, the change is taking place inside of me.

[@alpha1st908]

Thank you tom ,i have ordrerd your book ,cant wait 👍

[@erfanghaderi6102]

i really admire you and thanks to you dear tom

[@LennieClausen_dk]

Thank you erfan 🙏

[@simchashaulov8929]

ur such a blessing we love you

[@TheChopki1234]

Love these videos. This guy has totally changed the way I trade. Real eye opener. Which broker is best for spreadbetting on trades that can run for months? Thanks in advance.

[@LennieClausen_dk]

Thank you 🙏 It is not a secret which broker we use. But you need to do your own homework. If I knew I would hold a trade over several months I would use futures on my broker. You pay higher spreads but you don't pay overnight commissions. But you got to be aware of rollover.

[@traderj810]

Thank you Tom! Love what you do. Would love to see more live youtube trading

[@LennieClausen_dk]

Thank you 🙏 I'm not sure you will see any streams soon. I doubt we see anyone before the London event. And after that Tom will take a few weeks of vacation.

[@jaaches]

I am late to the game. I ran into Tom's Trading Psychology Event in London on KZbin this morning. I know I am my own problem, which is why I sought out an expert who could codify the human factor for spinning my wheels in the market. I was halfway through Part 4 of Tom's London lecture when I stopped and bought his book, "Best Loser Wins." Allow me to praise Tom's sharing his expertise. What I've heard so far is powerful stuff...too powerful, maybe, for those of us who do not want to hear someone speak truth.

[@LennieClausen_dk]

Better late than never. I think you might find a few videos on this channel that can help you. Enjoy the book.

[@rhknight9877]

Tusind tak, Tom, for at lave denne utrolige video. Jeg elskede det so meget!

[@LennieClausen_dk]

Thank you 🙏

[@lucreziamorganti9115]

Your sessions are just pearls!! Thank you Tom!!👍👍👍

[@LennieClausen_dk]

Thank you 🙏 - Try to watch some of the streams. We have time stamps on most. You can find pure gold on most streams.

[@tomrydzik9539]

Perfect.Perfect.Perfect..Thanks Tom!!!

[@LennieClausen_dk]

You are welcome 👍

[@gweiner2252]

amazing, a REAL trader

[@LennieClausen_dk]

we have a FEW of them out there 🙏

[@alisalam5291]

Thank you for what you do! Giving back has always being your mantra and boy have you exceed giving back and more!

[@LennieClausen_dk]

Thank you, Ali 🙏

[@salemkid_96]

Larry is my mentor. Couldn't have asked fir better help.

[@84sairen]

Hello tom I really love these videos where you explain why and how you trade they are really helpful! Thanks Tom

[@LennieClausen_dk]

That is great to hear 🙏

[@remiandrepedersen868]

Yes, this is very much mentally, I have noticed, so I really appreciate you taking the time to help us beginners👍

[@LennieClausen_dk]

Remi did you check Tom's Psychology Playlist?

[@remiandrepedersen868]

@@LennieClausen_dk No, but maybe I should do it!

[@LennieClausen_dk]

@@remiandrepedersen868 you definitely should

[@remiandrepedersen868]

@@LennieClausen_dk Okay, thanks!

[@dileshkhandhadia4327]

This is another Golden lesson Tom! Thanks very much!!

[@LennieClausen_dk]

GREAT to hear, Thank you 🙏

[@astralchemistry8732]

After reading the article, I am really fascinated how I can almost prove the points made, in my daily trading. In regular life, I'm a pessimist and I always expect the worst (can't get dissapointed expecting the worst, right?). Example: Have to drive by car? Certainly I'll end up wrapping it around a tree. Applying for a job? Probably get rejected anyways. Yet, when it comes to trading I'm thinking: This is a reasonable trade, surely it will make some profit. To me, this proves that there is actually a different part of my brain taking control. Otherwise, why have I suddenly become an optimist? I'm also guilty of taking partial profits and even stating to others: "This satisfies the inner neaderthaler and now I can let the rest of the position run". As an exercise, I will try to do the opposite and take part of the position off when the trade is going against me (no follow through bar after breakout bar, etc.). So in essence, we have to always try to maximize the pain while trading and go towards elevating the pain instead of trying to decrease it.

[@MustafaKaykisiz]

You are a legend, you are my hero, loving being your student

[@LennieClausen_dk]

thank you 🙏

[@kevincrawfordphoto]

Just watched this for the 2nd time. I think my 1st watch was about a month ago. And yessss....I enjoy pancakes too! 🥞 😄

[@LennieClausen_dk]

Thank you 🙏 For me watching 2nd or even 3rd time often adds value. You get more details.

[@NepTheOne]

what a great explanation, thank u for sharing Tom, you're amazing teacher

[@LennieClausen_dk]

Thank you 🙏

[@TheStrataminor]

Haven't seen you around Tom!! Nice to have you back mate!!

[@LennieClausen_dk]

Tom have been around ;-)

[@n.s.ukaviboys4481]

What a man great thinking💭 about other people

[@리피트인컴]

톰형님 감사합니다 이번에 한국에 출간된 책 덕분에 알게되었어요 진짜트레이더를 만난걱같아요 최고! 톰형

[@KebabOpposer]

After though day of trading and research I love to hear your videos. Alwasys straightens up my head. Thank you for the mentorship.

[@LennieClausen_dk]

Welcome to the community.

[@KebabOpposer]

Cheers.

[@IonutGabrielLica]

@@LennieClausen_dk your work is outstanding as well. Thank you.

[@LennieClausen_dk]

@@IonutGabrielLica Thank you 🙏

[@IonutGabrielLica]

@@LennieClausen_dk would be possible or feasible to have an official service users channel or a FB group perhaps for moaning and bitching? 😁 In this moment the communication is mostly from one direction which is great, don't take me wrong, but I think would be interesting if we can share some thoughts. Thank you Lennie.

[@Itsupthere123]

This the best free information

[@JACOBxRL]

Tom you're SUPERMAN and i want to be like you when I grow up.

[@LennieClausen_dk]

🙏

[@lifedeepa7543]

Tom ur absolutely amazing😘😘😘love u!!! Its so heart warming to see ur commitment day in day o🤗👍

[@LennieClausen_dk]

Thank you 🙏

[@PholoshoM]

awesome as always. thanks Tom and team. To any beginner out there; stay away from tik-tok and instagram traders, its bad for your development

[@LennieClausen_dk]

Thank you 🙏 And I agree 100% about tik-tok

[@MarketManiaCA]

Fantastic as usual Tom. Can't wait for the book

[@LennieClausen_dk]

🙏 - release date is set to 15th Aug. 2022

[@TheWinghochui]

Thanks for your sharing!

[@taschkar]

Many thanks Tom, great video!

[@LennieClausen_dk]

Thank you so much.

[@simplicityfx70]

What was the name of the richard dennis book that tom mentioned, plz?

[@borisshuel9195]

Absolutely Amazing! really inspiring!

[@easyfixfx1392]

I went back to the 15 minute chart as the 5 minute was making me over trade and sucking me into a lot of fake moves. The 15 minute sums up the 5 minute noise well and provides quality over quantity and without the headache and eye strain. Ppl who trade the 5 minute or 1 minute are going to lose a lot of years off their life. And develop black eye sockets.

[@LennieClausen_dk]

I agree that 15 min has less noise. But then again you could trade 1 h with even less noise. I think easy and every person should look into what's best for them to trade.

[@heeweegoo]

Great video. Would be nice to get some more insights on how Tom is actually allocating his risk while trading the naked price action chart for some average trading day. For me, this seems to be a crucially important aspect apart from all the psychological aspects / mindset. It doesn't really matter how mentally strong you are if you don't even know if you will risk 1%, 5% or even 10% of your capital on a day not knowing if you are going to place 1, 5 or 10 orders.

[@LennieClausen_dk]

Buddy, it has been posted over and over in the Telegram group. IF you don't know how much you want to risk per trade. REALLY don't trade.

[@heeweegoo]

@@LennieClausen_dk I said it would be nice to know how TOM is calculating his risk while trading in the way he does. Like I said risking a fixed amount of 300 Euros a Point or what so ever is meaning less without knowing what amount of capital that is based on in percentage terms while also not knowing the amount of entries placed per day at such risk. Meaning this would leave me without having a clue about what ever % amount of risk per entry without knowing if there will be 100 orders placed per day or perhaps just one. Let’s assume I want to want to follow his signals on Telegram and enter at 1% risk per trade and he would lose 30 entries in a row I would be down -30% for such day. I hope this examples makes it clear.

[@floydsmithjr7999]

My strategy, after listening to “You’ve got to let the trade work” from so called gurus and gotten screwed royally, is if I enter a trade and it starts going against me before It enters a comfort zone where I can adjust my stop, exit immediately. If the next candle after entry doesn’t close solidly in your direction that’s the first red flag warning. That doesn’t mean it was a bad entry, it just isn’t panning out the way you suspected it would. Just because you’re willing to lose 5 or 10 percent, doesn’t mean you have to. That’s just me. I hate taking losses but I accept them as part of the game. If you like being a masochist and torturing yourself, go for it. In my experience if anything goes 1 tick below your entry there’s going to be a problem. 1 good trade can erase 10 “paper cuts”.

[@jitendrashakya5122]

Best man in town thanks Tom

[@LennieClausen_dk]

Thank you 🙏

[@nmatsaba2383]

When you scale in, do you reduce the lot size post entry lot?

[@eliudprestosa9772]

Thanks Tom!

[@LennieClausen_dk]

🙏

[@fushatrades]

Pure gold. Ty Sir

[@Frombroketofree]

Man today I lost over $6k it’s tough but see you in 5 years 🤝🏽

[@HaIPeHaOP]

Hey Tom, good to see a new video. Are you still working on publishing your book? I've read the first few chapters on your website and can't wait for the rest...

[@LennieClausen_dk]

It should be out soon. But I have said that before.

[@JakesWealth]

Subscribed, fear the man who practices 1 kick 10,000 times and wins

[@abhilashmumadwar2079]

Thank you.

[@LennieClausen_dk]

You are welcome 👍

[@Odlariket]

Please can your next video be about how u set your SL if you are in a winning position and how u scale in???

[@LennieClausen_dk]

Both videos are up.

[@TenzDenz]

ICT 2022 set up at 5 min chart?

[@orderflowdojo]

Great words of wisdom

[@carlost8773]

Fantastic vid Tom ... Gratitude

[@LennieClausen_dk]

🙏

[@TradingPeaks]

Great advice Tom

[@CarlZachary-m1m]

I understand that when the swing trade oracle are correlated with these GEX levels, the area is more important.

[@TimothyRobert-s3j]

Hello , if by any chance you have managed to understand the intuition behind these levels, please share it because I am in the same situation as you. Honestly, from what I understand, it seems to me like something that lacks any financial logical foundation, to be honest, but maybe I'm missing some elements to understand it.

[@StevenNicholas-d3j]

When I check the swing trading on nq, it doesn’t make sense compared to qqq levels or Spx levels spots, how could I use them perfectly? should change the ratio to make it sense

[@EvelynOlivia-s9t]

I don't think you need a ratio it's already calculated

[@LiamSebastian-z8w]

I do not understand the concept behind your swing trading oracle. I watched your video few times and no clue. Can you explain please what's behind that idea ? Should I use them as support -resistant or what ?

[@matheusloure]

You can actually join their channel. They have support there

[@gabrielvms988]

Hey Tom det ville være vildt fedt med en video til helt nybegyndere🙌🙌 Hvor ville du anbefale at starte?