The BEST Trading Advice from Tom Hougaard's "Best Loser Wins"

Ойын-сауық

I read Tom Hougaard's book "Best Loser Wins" in one sitting and took 55 screenshots of the most helpful parts. Here they are for you. What are you doing down here.
Extra content and stuff: / imantrading
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Risk disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Information in the video and the video's description is accurate as of the date of the video's release, but it's not guaranteed to be accurate after that.

Пікірлер: 217

  • @m1ordie
    @m1ordie Жыл бұрын

    Notes as a reminder: • Trading is all about making educated guess, you don't know if it's going to work - coin-flip scenario • We lose money because we refuse to accept what is right in front of us. So, trade what you see, not what you think! • Either the market agrees with you or it does not • Scared money makes no money • Stop thinking: "What if?" • Start thinking: "If, then"

  • @TrueEcclesia

    @TrueEcclesia

    Жыл бұрын

    Thanks Klaus but I'm still not gonna eat the bugs

  • @MisterAmazingAllTheTime

    @MisterAmazingAllTheTime

    Жыл бұрын

    Amazing, see Klaus, you can be nice, you monster you!

  • @ceogriffsta1

    @ceogriffsta1

    Жыл бұрын

    Wow, this is the one, exactly what I needed to read

  • @mohammedgamal5398

    @mohammedgamal5398

    8 ай бұрын

    amazing man

  • @dragonflydreamer7658

    @dragonflydreamer7658

    4 ай бұрын

    I read the book I listen to Iman you still really don't understand what this is all about. Your Playing in there Casino and they own the house, Over 80 percent automated and growing. Still really doesn't make any difference you still do not understand why you lose and will go broke. Now your mad, This is your problem. You and I go to JP Morgan and ask for a loan I walk out with my loan and a credit line and you are denied. You cant fix being desperate.

  • @dandywarlock511
    @dandywarlock5119 ай бұрын

    10 days in with paper trading, been fed up with all the influencers trying to share their BS courses. Your channel honestly is the one reason why I decided to pursue trading again

  • @1santiago.puentes

    @1santiago.puentes

    3 ай бұрын

    Hey bro, how are you doing with your trading journey?

  • @locomotive5A

    @locomotive5A

    3 ай бұрын

    Ya how are you trading no

  • @Ss-21-16

    @Ss-21-16

    2 ай бұрын

    Think he just became a statistic 😢

  • @theouts1der
    @theouts1der Жыл бұрын

    I have followed him for a long time, & recently finished his book, & in future this book will definitely be regarded as one of the best. I always liked his Target-less approach...riding that 'One' trend for as long as it goes & that type of one in a month trend day is responsible for 90% of the profit i make & it also cuts down 100% of my loss.....only because i dont set targets when i am gaining high and high....sorry for my long comment, just needed to get this out somewhere XD.....just wanna say this guy really changed my p&l (no i am not a bot XD)....working on yourself is 90% of the game that is the mantra.....80% of my trade is in loss bt overall my month is in green!!!!

  • @samricher

    @samricher

    Жыл бұрын

    I can not agree more with you. Are you trading indices too?

  • @theouts1der

    @theouts1der

    Жыл бұрын

    @@samricher i only trade indice(option)

  • @samricher

    @samricher

    Жыл бұрын

    @@theouts1der awesome. I trade spx 0 dte options. How do you add to your winners in options if you ever do? Ive just stated adding but since I’m trading in the money I’m concern on which strike to add to the position? If I don’t use the same strike of the initial entry then I have to close two trades if they go bad

  • @theouts1der

    @theouts1der

    Жыл бұрын

    @@samricher my rule is, a good second signal + atleast breakeven sl, so if a second entry is there & i add to the current strike then i would move the SL to the second entry & profit for 1st should be equal or more than the loss of new one, the success rate is quite low but the one which succeed i add till i die! **sry for my english not my first language

  • @theouts1der

    @theouts1der

    Жыл бұрын

    @@samricher & also my 1st trade is always ATM, so when there is 2nd entry it is now a good ITM trade with a stable delta for the SL to work nicely...

  • @jeffrose5636
    @jeffrose5636 Жыл бұрын

    Mark Douglas Tom Huggart And Iman (Issac) These are the only people you should read to be a successful trader. Thank you Iman

  • @subbuc926

    @subbuc926

    Жыл бұрын

    Good Joke on third person

  • @MisterAmazingAllTheTime

    @MisterAmazingAllTheTime

    Жыл бұрын

    @@subbuc926 you are a joke, not him.

  • @ankhkeymaker

    @ankhkeymaker

    Жыл бұрын

    would add to the list Anna Coulling - A Complete Guide To Volume Price Analysis

  • @squrpin9026

    @squrpin9026

    2 ай бұрын

    add jared tendler!!!

  • @saltflow2826

    @saltflow2826

    4 күн бұрын

    You forgot to put Al Brooks on that list buddy

  • @WhyW2
    @WhyW2 Жыл бұрын

    Hey man I have been listening to you all morning while trading a simulated account - just going down your most recent uploads. I really appreciate your approach to creating trading content. You’re funny, intelligent and it seems you have no intention to rip anyone off and are probably a gem of a channel. I am really tired of all the influencers and money motivating bull sh*t that is being produced and preached - I wish there was an algorithm for authenticity. You are authentic man and I appreciate that.

  • @ImanTrading

    @ImanTrading

    Жыл бұрын

    Thank you so much for the kind words, very happy you’re enjoying the vids :)

  • @vlcthefish

    @vlcthefish

    7 ай бұрын

    @@ImanTrading 13:30 Did you delete the "Introverts vs. Extroverts" video?

  • @ImanTrading

    @ImanTrading

    7 ай бұрын

    @@vlcthefish yeah lol sorry, I privated 10 videos that no longer met my standards and put them in a playlist just on Patreon.

  • @vlcthefish

    @vlcthefish

    7 ай бұрын

    @@ImanTrading ah ok. thanks

  • @dailytaylor
    @dailytaylor Жыл бұрын

    Excellent book. Really changed my perspective on why I was struggling as a trader and helped me correct those issues.

  • @netking767
    @netking767 Жыл бұрын

    I think after this I will be able to go short when the market is going down, and go long when the market is going up. Thanks for the summary!

  • @ImanTrading

    @ImanTrading

    Жыл бұрын

    I hope so for me too lol

  • @vladvmiller

    @vladvmiller

    Жыл бұрын

    Same. "Don't fight the trend" is my own focus and the thing I find the hardest to adhere. Partly because of its inherent contradiction to avoiding FOMO.

  • @TheAniki94

    @TheAniki94

    Жыл бұрын

    Hello mate :) We all have some kind of biais regarding that. I'm a better shorter than a buyer, that's a fact backed with months of data. It's ok, I know I'm at best average when it comes to buying an asset, so I reduce the risk while doing that, but when it comes to shorts, i double down on my positions, because factually i've better odds to be right than to be wrong if I go short on a bear trend :) Bottom line is : don't be afraid of the trend, as VM said too, just read what the market is doing at the time and act on it :) There are better odds for a trend to keep going on than to reverse, and that's a fact :)

  • @reidermert8052
    @reidermert80528 ай бұрын

    Been watching a lot of your videos lately. It's so refreshing to hear something real in the trading space. Also, love your sarcasm and humor. Great videos!

  • @scalpESNQ
    @scalpESNQ7 ай бұрын

    You are legit one of my favorite KZreadrs and I can't express enough how much I love this book. It's one of the few books I've read thru multiple times

  • @richardlees5303
    @richardlees5303 Жыл бұрын

    Very good of you to provide Hougaard such a thorough outline for his book '-))

  • @davepugel3618
    @davepugel3618 Жыл бұрын

    I appreciate how your videos have got me thinking differently about trading. Thank you

  • @oftenlongphong-qo5zt
    @oftenlongphong-qo5zt2 ай бұрын

    This book helped me see that I was very consistent. I've managed several times to turn $120 loss into 2k and 4K losses by refusing to realize the loss before I had to.

  • @davidneale2366
    @davidneale2366 Жыл бұрын

    Another great video. I also use the principles from this book and very similar to what Inman does.. However I'm a 99% automated forex trader so emotions really aren't a big issue. Please keep these videos coming I direct as many other traders to your channel and specific videos as much as I can. Buying audio version today.

  • @carlostorres-xb1oj
    @carlostorres-xb1oj Жыл бұрын

    I don't think Tom would mind you reading from his book. He's a very genuine human ....You do a good job of adding perspective ...gratitude.

  • @horsetranq13
    @horsetranq132 күн бұрын

    Definitely the book I would recommend the most to anyone learning to trade. There's some technical stuff, but it insists that the key to success in trading is 10% technical knowledge and 90% psychology. New traders, myself included, think that analysis is the secret to making great traders. The best understand that strategies don't work all the time, and they don't have to. You can be wildly successful with a 30% hit rate because you manage risk and keep a cool head.

  • @idavidmarques
    @idavidmarques6 ай бұрын

    Man I found your channel some time ago like one or two weeks, and I'm loving the content explanations logics everything to be honest and your humor ofc but what I wanted to say is for you to just keep going and being real cause i can see you really want to help people and open the eyes off many that were mistaken by influencers . So much Love and thx for your time on preparing all the videos you have.👏

  • @brando_reelenvy6701
    @brando_reelenvy6701 Жыл бұрын

    Hey man, I just want to say thank you for the content. I started my trading journey right around the same time as you. Keep at it. 👍👍 🙏

  • @joeblow5588
    @joeblow5588 Жыл бұрын

    The process is the key. The process is a performance. The process is a cycle of action performed in a new unit of time A good performance is independent from the last.

  • @khoakdoan
    @khoakdoan Жыл бұрын

    Always coming out with quality content. 👌

  • @ransombaggins9301
    @ransombaggins9301 Жыл бұрын

    Just picked up the Kindle and Audio. Really looking forward to reading/listening to this. The only other trading book I've read and loved was Trading in the Zone by Douglas and this looks like another gem.

  • @telepathyah
    @telepathyah Жыл бұрын

    Thank you for this awesome info!

  • @urbest4660
    @urbest46608 ай бұрын

    Thank you so much. Excellent! Got audible version plus a paper copy. Actually, Tom recommended your KZread channel this morning at his telegram.

  • @cyko5950
    @cyko5950 Жыл бұрын

    I was hooked by the snake oil of technical analysis youtubers I programmed a system based on many different indicators The data i gathered from running this system on multiple markets over the course of many months directly correlates with everything i have found on your channel so far I then found one of toms seminars one night on youtube and my perspective changed completely I tried doing it manually and didnt find success 🤣but i did learn a lot Today I found your channel and have been watching for the past 3 hours it has changed my perspective on a lot of the mistakes i make Trading is such a weird practice. Its like you are condemned to freedom , there is no one to tell you , there is no stack overflow to explain wtf happened , there is no guarantee that the past will occur again. Free to take whatever positions you want. Free to choose whatever method/system you want. Free to loose money as you please.

  • @Adrik808

    @Adrik808

    Жыл бұрын

    Last sentence is my spirit I'll loose money in different and creative ways and y'all can't tell me shit hahahaha

  • @samricher
    @samricher Жыл бұрын

    The only both good trader and teacher of this generation. Tom tells you the truth

  • @_d0ser
    @_d0ser11 ай бұрын

    Thanks. I'll have to read the whole thing.

  • @NinjaKiller999
    @NinjaKiller999 Жыл бұрын

    Thanks, amazing book ive read it 3 times now but a summary always helps. I also agree with you regarding disagreeing with his idea on RR, cause ever since i stopped using RR to "let trades run" i keep getting stopped out waaaay more than before. This is probably cause i trade on the 30-1h TF's and he trades mostly on the 5m so a 2% move for me might be a 10% for him.

  • @raylatham7224
    @raylatham72244 ай бұрын

    THANK YOU!! a friend sent me info on this book. since I don't read fast, get easily distracted, I was looking for an audio edition & found you!! WOW!! guess was meant to be. Much APPRECIATIONS!!

  • @Nervedraz
    @Nervedraz Жыл бұрын

    Thnx for this fantastic video and always keeping it real.

  • @RayRay-lz6ik
    @RayRay-lz6ik Жыл бұрын

    You are an amazing person and your videos are a complete reflection of you.

  • @ImanTrading

    @ImanTrading

    Жыл бұрын

    Wow, thank you so much

  • @jennybthick
    @jennybthick Жыл бұрын

    Currently reading this book and I loved this video 10 seconds in.

  • @zogood3495

    @zogood3495

    Ай бұрын

    Would you recommend the book for a new trader?

  • @MisterAmazingAllTheTime
    @MisterAmazingAllTheTime Жыл бұрын

    Thanks Isaac! i needed that!

  • @WiseFoolTrading
    @WiseFoolTrading Жыл бұрын

    Great video Iman! Very similar to trading in the zone it seems, definitely a book for the list!

  • @toomworld
    @toomworld9 ай бұрын

    You’re one of the only traders that I’ve come across that’s my people.

  • @TH-cq7bj
    @TH-cq7bj11 ай бұрын

    Reading this book now, will start to add to my winners tomorrow!

  • @bryonseilerXauBry0716
    @bryonseilerXauBry07162 ай бұрын

    Thank you so much for this. You are truly onto something. Psychology, volume, order flow, and psychology.

  • @cpcahill1997
    @cpcahill19972 ай бұрын

    Thanks so much! Love love love your book reviews!

  • @useless1
    @useless17 ай бұрын

    The shape of the candle will not tell you what's going to happen next but it shows how price action went during that candles timeframe, for example it went down but closed up (hammer candle) shows that price was up when the candle closed and it had upside momentum which could indicate more upside movement afterwards. It's just increasing the likelyhood of something happening but u need way more info and analysis that would show upside to enter a trade that could possibly be a win. There is always randomness in the markets too and sometimes analysis will not work anyway.

  • @Sarvesh.757
    @Sarvesh.7578 күн бұрын

    Dude I just love ur work Just wanna say thank you!!!

  • @mbradley0410
    @mbradley04106 ай бұрын

    So much knowledge here. I lost my ass yesterday trading the /NQ. I just kept watching it shoot up and up and up, thinking it HAS to pull down hard. I was humbled. And down, a lot. Got a big bear hug yesterday, but I'm not giving up on it. Honestly getting out of your own head, and thinking the market HAS to do something. Is honestly the hardest part about trading.

  • @Satribe101
    @Satribe101 Жыл бұрын

    I decided not to comment, thinking I might simply be adding noise. Then your other video gets taken down. Thanks Iman for presenting great resources. It is because of this video that I purchased Tom’s book for myself. Your videos are also the reason I purchased Mark’s book. I worked as a scientist for the last decade running statistics on biological data and before that I studied psychology and human behavior. “Psychology and charts!?! Why didn’t I think to pursue this option sooner??” And then I found your channel. I may be changing careers a little late in life, but thanks to you I have a direction that will shave years off my pursuit of sustainable profit. Thanks for making this path more rewarding and entertaining.

  • @ImanTrading

    @ImanTrading

    Жыл бұрын

    Thank you so much for commenting, sharing that with me, and for the kind words! The work you’ve done sounds fascinating, although I’m not sure I’d be able to keep my brain functioning through the statistics part 😁. Any mention of math and it just shuts down. Very happy to hear that the videos have helped, and best of luck in your trading :)

  • @jidetrades
    @jidetrades Жыл бұрын

    One of my fav books! Thought I'd pop in and see how you're doing....hope you're trading is going well.

  • @flexomang
    @flexomang5 ай бұрын

    Your channel is a breath of fresh air. Thank you

  • @benjaminchia8202
    @benjaminchia82028 ай бұрын

    Holy sh1T...i never watched your supply and demand video and I'm just watching this for the first time and I was just telling myself last night after my 2nd actual day of simulated trading with nasdaq futures (and my first positive day) that it feels like surfing waves. The ups and downs are there. You decide when to ride in.

  • @saiine
    @saiine Жыл бұрын

    Been a while since I've stopped by; great to see you still growing! Tom is one of the best I know. Wise folks will listen to him and do the repetitive hard work, but 90% won't. Hope your trading is well!

  • @ImanTrading

    @ImanTrading

    Жыл бұрын

    Recognized the name immediately, happy to hear from you and thank you!

  • @elysiummaybe8574

    @elysiummaybe8574

    Жыл бұрын

    90% is a bit optimistic, more like 95-99%

  • @saiine

    @saiine

    Жыл бұрын

    @@elysiummaybe8574 Indeed

  • @jaycoops
    @jaycoops10 ай бұрын

    Best trading book out there!

  • @richardcui4817
    @richardcui48173 ай бұрын

    I think the thing that makes Iman really stands out is the solid logic behind everything. If you do not view price action objectively and logically, how can you be successful consistently ? I'm obsessed with ICT a month ago, but now I think that there is not a clear wining logic behind it. If it something is not logical, then how can we rely on that and dream that we can size up by doing that consistently? Iman really helps me build a logical and clear framework to view things objectively

  • @DrJarimba
    @DrJarimba9 ай бұрын

    that's good summary Iman. thanks man

  • @techandmoney
    @techandmoney Жыл бұрын

    Love this book! Currently on the "Embracing Failure" chapter ... so much to think about!

  • @MuhammadKhan-kc8ls

    @MuhammadKhan-kc8ls

    Жыл бұрын

    what is the name of book ?

  • @MisterAmazingAllTheTime

    @MisterAmazingAllTheTime

    Жыл бұрын

    @@MuhammadKhan-kc8ls Lord Of The Rings

  • @darkseid_9960

    @darkseid_9960

    Жыл бұрын

    @@MisterAmazingAllTheTime lmao 💀

  • @bitlong4669
    @bitlong46693 ай бұрын

    Dude you’re awesome . You free talk commentators is so very charismatic.

  • @hassb00zy
    @hassb00zy Жыл бұрын

    trading is easy for me now when started it was hard, harder then anything else in planet earth, but after 3 years of charts and studies it’s just easy now!

  • @pamh9878
    @pamh98788 ай бұрын

    I'm sure you've heard this hundreds (thousands?) of times, but......OMG, where have you been all my (trading) life?? I just watched a video where this guy spent 20 minutes talking about what he was going to discuss, and then discussed it for 5 minutes. That is how excruciating most trading related videos have been for me over the past 2 years. I have to watch most videos on 1.5X speed, no joke. I just found your channel yesterday, so I'm really looking forward to making my way through your videos. Thank you!!!!!

  • @ImanTrading

    @ImanTrading

    8 ай бұрын

    haha thank you very much :)

  • @jeffreyhiendler
    @jeffreyhiendler Жыл бұрын

    Helpfull Thank you

  • @kevinsonvidal3229
    @kevinsonvidal3229 Жыл бұрын

    Thank you

  • @davidgara3004
    @davidgara3004 Жыл бұрын

    Ahh yes my favorite trading book

  • @mo938
    @mo938 Жыл бұрын

    This was an excellent video. I didn’t want it to end. Thank you eye man

  • @styl3zkp
    @styl3zkp2 ай бұрын

    Bought the book thanks to this video!

  • @MisterAmazingAllTheTime
    @MisterAmazingAllTheTime Жыл бұрын

    you inspirational guru you

  • @zackscorner2421
    @zackscorner242110 ай бұрын

    The greater understanding you have of your opponent, the better you are able to understand what she is doing. I say the word opponent but really, the market, she is my friend. I want to dance with her but i am afraid of making a fool of myself. So i study her moves.

  • @lenykariuki522
    @lenykariuki522Ай бұрын

    Thanks buddy, thanks so much.

  • @traderdad84
    @traderdad844 ай бұрын

    Excellent explanation 👌

  • @CalmingTones317
    @CalmingTones317 Жыл бұрын

    You mentioned the shape of a candle is not indicative of what will happen next, and I only kinda agree Trading is all about being on the side of the majority, the side with the most volume, and if there is history of a reaction after a candle, then the odds may be in your favor since others will think like that too, bringing more volume to your favored direction

  • @gregschult6908

    @gregschult6908

    5 ай бұрын

    I agree on this. If I see a massive bullish hammer candle on say the hourly chart at a key area, the probabilities that the price will move up more are higher than if at that same area, I saw a bearish "shooting star"

  • @jordiros5723
    @jordiros57234 ай бұрын

    "We lose money because we refuse to accept what is right in front of us." This is the key observation. First -- actually "seeing" is very very difficult -- we LOOK, which means we are looking for "something (pattern)" and we don't SEE what is in fact there. On top of that, we're are more attached to being RIGHT than we are to actually making a good trade, and the final nail in the coffin is that we are stubborn, and we have a hell of a time admitting we are wrong, especially when that would be acknowledging the pain caused by the losses. A deadly cocktail which keeps most of us from succeeding at something that machines excel at.

  • @RileyCourter
    @RileyCourter Жыл бұрын

    Looks like I'm buying the book now. Great video.

  • @ImanTrading

    @ImanTrading

    Жыл бұрын

    Thank you! And yes, the book is very good. Tom is incredible.

  • @atx5359
    @atx5359 Жыл бұрын

    Funny as F...went through a few vid back to back LMAO 🤣 well done man 👏🏻

  • @tradevidzzzzz6834
    @tradevidzzzzz6834 Жыл бұрын

    Check out "In the Zone" by mark douglas...he came up with most of these ideas 30 years ago

  • @DoomBapBellic

    @DoomBapBellic

    Жыл бұрын

    actually jsut watched videos from him and now youtube send me here :D

  • @RussellTheTrader97
    @RussellTheTrader973 ай бұрын

    Cutting losers is crucial.

  • @Perjorativeterm
    @Perjorativeterm Жыл бұрын

    Wish I found you earlier. Commenting for the algo. Good luck and I hope more rookies find you.

  • @seolong3326
    @seolong3326 Жыл бұрын

    I'll be honest... this video was a bit hard for me to watch. It was to much: "Remember when I said that in my video and this in my other video". I understand that it feels good to get your theories and methods validated by a profitable trader, especially after a bunch of people hated on you and your trading. But stay humble, yes? Anyway keep up the good work!

  • @zeon_trl1326
    @zeon_trl13262 ай бұрын

    My huge wins back in my days trading options were so huge and just overly satisfying that it made it easier to take loss. Not every win was massive but enough but I loved seeing the green. I also practiced trading others money which were lower amounts so I wasn't shy from enjoying that 50$ to several hundred.

  • @genb4374
    @genb4374 Жыл бұрын

    Great video, but I'd suggest not pausing the flow of the video to put in remarks digging at other traders who we all already know are unprofitable. Referencing your previous videos or explaining a different perspective is helpful. Keep these coming, very insightful.

  • @Substanceabusetech
    @Substanceabusetech Жыл бұрын

    yo iman -- want to say thank you for your videos -- get a lot of out the psychological aspects.. quick question though -- is it possible to monetize your videos with ads before? id much rather go through 1-2 minutes of ads in the beginning and maybe 1 ad during and towards the end? finding the ads popping up during the video take away form the impact of the video if that makes sense. almost like trying to trade chop. haha.. again -- great videos and much appreciated

  • @geniusmonkey4080
    @geniusmonkey4080 Жыл бұрын

    Did I just like the video without watching it? If it is by Iman, it must be good 😆

  • @ah89971
    @ah89971 Жыл бұрын

    You are admired with Mr Robot alot. You emulate his speaking style haha

  • @arjunpudu799
    @arjunpudu79916 күн бұрын

    Hi bro any recommendations of book to learn price action

  • @felixrobitaille9439
    @felixrobitaille9439 Жыл бұрын

    Its on audible BTW ! For those ( like me ) that genuinely hate reading or retain information better while listening

  • @kevinsonvidal3229

    @kevinsonvidal3229

    Жыл бұрын

    Where we can access the audiobook

  • @felixrobitaille9439

    @felixrobitaille9439

    Жыл бұрын

    @@kevinsonvidal3229 Audible

  • @NuclearTrader
    @NuclearTrader11 ай бұрын

    The industry is populated by so many of his ilks. Let us spark a clean up.

  • @sergenalishiwa9097
    @sergenalishiwa90973 ай бұрын

    Conflict of Interest between retail and educators.

  • @natinspires
    @natinspires Жыл бұрын

    Awesome

  • @JenMarco
    @JenMarco3 ай бұрын

    I agree with you about candle formation like hammers and shooting stars. You should never enter a trade based on that. Order blocks work well but nothing is 100%. Patterns are good but fail a lot. It comes down to knowing how the market moves which you learn from time and experience. You need to know where to enter and where to take profits and where you’re wrong, most importantly, you need to be patient and not be afraid of being wrong and most importantly, don’t take profits out of fear

  • @shreyamana2209
    @shreyamana220910 ай бұрын

    Hello brother i watched your supply and demand video 3 times And wrote in a Book whatever was IMP AND GUESS WHAT FIRST I WAS NOT ABLE TO DO MARK THE RANGE WITH TIME AND PRACTICE I WAS ABLE TO DO RECENTLY I DO PAPER TRADE AND IT IS WORKING GOOD MY RR IS 1:3.5AVG FOR THIS MONTH AND PROFITABILITY IS 78%

  • @unitedrivercapital3122
    @unitedrivercapital3122 Жыл бұрын

    respect

  • @sergiogutierrez744
    @sergiogutierrez744 Жыл бұрын

    what has been the most important take away for you from the table on concious vs subconcius beliefs when applying certain strategies when trading? (besides the fact that they all lead to avoid pain)

  • @viking8889
    @viking8889 Жыл бұрын

    I am subscribed to his free Telegram channel and I would sometimes listen to his live trading. After a few days of listening I could tell he has some serious psychological issues. Probably stemming from his childhood family trauma (but don’t we all). He will whinge out over someone’s comment or because his live stream is lagging 4 seconds instead of 2 seconds. Just really odd OCD stuff. His trading style is not just high risk but insane. He will stay in a trade way longer than he should and will bail out quickly on half of his winners. He probably is very profitable but also very volatile and most people who follow him would blow out their account in a few weeks. He will have massive drawdowns one week, and massive wins the next.

  • @ImanTrading

    @ImanTrading

    Жыл бұрын

    Interesting 😬

  • @interwebber555
    @interwebber5554 ай бұрын

    Trader Tom (easier than saying "Hougaard"!), along with Mark Douglas, has been significant for improving my trading. Before both of them I spent upwards of $45K on courses and mentors (I don't wish that idiocy on anyone!). Over the last few years have done a lot of long drives with Mark Douglas playing -- have learned so much in terms of concepts such as pre-defining and accepting risk, not needing to know what will happen next to be successful and the random outcomes of trading. Tom's book and telegram channel are also both excellent.

  • @phonzzmarshall9000
    @phonzzmarshall900021 күн бұрын

    I fw u dude

  • @toughbiblepassages9082
    @toughbiblepassages9082 Жыл бұрын

    Tom Sosnoff says that charts and tech analysis is good for helping engagement and forming an assumption, which is good because it helps formulate your trading plan, but that’s it.. it doesn’t predict or tell you what the price will actually do. I thought that was wise and doesn’t contradict anything you are teaching.

  • @rupulstilskin
    @rupulstilskin8 ай бұрын

    I get this.

  • @betagroobox
    @betagroobox Жыл бұрын

    What app do you use to read books / pdf?

  • @komfyk
    @komfyk2 ай бұрын

    Having a process that you trust along with decisiveness and patience can make you a profitable trader.

  • @vspatrick
    @vspatrick Жыл бұрын

    Tom wrote his book after watching your videos 😂

  • @SinjinSukung
    @SinjinSukung Жыл бұрын

    Amazing video but i need to see more of Bubby 🐱

  • @RichardOnyema-hy4tc
    @RichardOnyema-hy4tc2 ай бұрын

    Bro to be honest I'm really really happy

  • @th3orist
    @th3orist4 ай бұрын

    Hey i wanted to watch that extroverts vs introverts video you mention here but i can not find it when i look at all your videos. Am i blind or is it not there anymore?

  • @empty-ed
    @empty-ed8 ай бұрын

    Cover your balance up FOR GOOD . Process process process process process The money is secondary DO NOT THINK OF THE MONEY ❤❤❤

  • @charlesolinger9735
    @charlesolinger9735 Жыл бұрын

    I like to chop it up into this. If your the type of person that will lose more than 50% of the time in a coin flipping contest with your friends its highly likely you wont ever be a profitable trader no matter what.

  • @jimpanse1638
    @jimpanse163811 ай бұрын

    How do you know that your discomfort and pain is the same as that of most people whos average is driving the market? I figured im uncomfortable with having loosing trades open, which is the exact opposite of what you said most people experience. Should i therefore listen to my gut or not? 😅 im confused

  • @Prophitman8
    @Prophitman85 ай бұрын

    13:44 Bubby ❤

  • @antoniocianci1035
    @antoniocianci103511 ай бұрын

    I was unable to find your "Introverts vs Extroverts and the Bad News about Trading video"... I would be really interested to see what you have to say about how different personality types do in trading.. Thanks

  • @ImanTrading

    @ImanTrading

    11 ай бұрын

    Hey sorry, that video was kind of bad so I privated it and it’s only on Patreon. Introverts are at an advantage because being alone is energizing and where we thrive, whereas extroverts get their energy from social interactions. Trading is a lonely career, which is great for introverts and means extroverts should probably join some type of community to get their social fix :). That’s basically it for the most part.

  • @kalespeaks
    @kalespeaks3 ай бұрын

    Tom was praising you today on Livestream said your trolls are best & you have soothing voice. He said Iman must be getting lots of women😂

  • @medoui7175
    @medoui7175 Жыл бұрын

    please can anyone send me the ebook?

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