Trading Psychology Event | A Trading Framework | Part 5

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Part 5 of Tom Hougaard’s Trading Psychology presentation unveils his trading framework. He gives us insight into his trading day and the preparation he does for it, including what he calls “scenario analysis”.
He talks about thinking the opposite of the 90% by ignoring what people say, and refusing to reduce his trading size when on a winning streak. Hougaard explains why not to open a position with a financial instrument just because the price has dropped, and instead shares his insights into when to buy and sell.
Tom also reflects on learnings from expert trader Richard Dennis and how he’s implemented them into his trading. Tom concludes this part of the presentation by sharing his four core pieces of advice for mental preparation, how to ‘become friends with fear’, and developing a low-risk idea.
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Part 1: • Trading Psychology | W...
Part 2: • Trading Psychology Eve...
Part 3: • Trading Psychology Eve...
Part 4: • Trading Psychology Eve...
Part 6: • Trading Psychology Eve...
Part 7: • Trading Psychology Eve...
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Пікірлер: 436

  • @Tofeu90
    @Tofeu902 жыл бұрын

    "It is perfectly OK to see a big profit turn into a small profit, because how else are you going to get an even bigger profit." - this sentence opened my eyes...

  • @jonaskarlberg1855

    @jonaskarlberg1855

    Жыл бұрын

    Its an illusion. 80 percent of the time the market is ranging on a 1 hour chart. Adding to a position will just put ur profit = 0.

  • @haliaeetus01k

    @haliaeetus01k

    Жыл бұрын

    @@jonaskarlberg1855 Also don't like to keep doubling down on a winning trade. Its too risky

  • @75PERCENTCOPPER

    @75PERCENTCOPPER

    Жыл бұрын

    @@haliaeetus01k not if you manage your risk correctly. But your right, it is risky, although with great risk comes great rewards, and let me reiterate, *manage your risk* 😂 its the hardest part I'm still struggling with. Good luck to you 👍

  • @75PERCENTCOPPER

    @75PERCENTCOPPER

    Жыл бұрын

    Just manage that risk and don't get psyched out of your trades 👌

  • @tygerk2372

    @tygerk2372

    Жыл бұрын

    @@75PERCENTCOPPER Imagine that... This lecture came out 2 years ago, and here we both are; watching it in August 2022, recognizing what a great value it is --with unique insights that we wish to use to help us accomplish our dreams of being successful traders. Best of luck to you

  • @PhilSommer2
    @PhilSommer25 ай бұрын

    Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

  • @LeonWilk2

    @LeonWilk2

    5 ай бұрын

    That’s crazy, I’m just doing everything wrong with my portfolio.

  • @AvaAdams-ly7vu

    @AvaAdams-ly7vu

    5 ай бұрын

    very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance to make a from a financial-advisorr, you can be passively involved with the aid of a professional.

  • @AlinaWinkler233

    @AlinaWinkler233

    5 ай бұрын

    Same here, 75% of my portfolio is in the red and I really don’t know how long I can stomach the losses. I’m beginning to reach a breaking point.

  • @LeonWilk2

    @LeonWilk2

    5 ай бұрын

    wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio

  • @AvaAdams-ly7vu

    @AvaAdams-ly7vu

    5 ай бұрын

    The adviser I'm in touch with is *Jude Ryan Mcdonough* He works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me his strategy works hence my result. He provides entry and exit point for the securities I focus on.

  • @Raymondjohn2
    @Raymondjohn211 ай бұрын

    This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.

  • @hermanramos7092

    @hermanramos7092

    11 ай бұрын

    These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If youre not ready for it, you shouldnt be in the market business. or get you a skilled practitioner.

  • @martingiavarini

    @martingiavarini

    11 ай бұрын

    Such market uncertainties are the reason I don’t base my market judgements and decisions on rumors' and hear-says, it got the best of me in the year 2020 and had me holding worthless positions in the market. I had to revamp my entire portfolio through the aid of Heather my financial advisr, before I started seeing any significant results happens in my portfolio. Been using the same advisor since then and I’ve scaled up almost a million within 2 years. Whether a bullish or down market, both makes for good profit, it all depends on where you’re looking…

  • @Oly_laura

    @Oly_laura

    11 ай бұрын

    @@martingiavarini Not bad at all. I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market. Could this coach that guides you help?

  • @martingiavarini

    @martingiavarini

    11 ай бұрын

    @@Oly_laura Finding financial advisors like Catherine Morrison Evans who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

  • @Oly_laura

    @Oly_laura

    11 ай бұрын

    @@martingiavarini Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

  • @tonicruger
    @tonicruger11 ай бұрын

    I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $90k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?

  • @sherryie2

    @sherryie2

    11 ай бұрын

    Nobody knows anything you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving.

  • @kurttSchuster

    @kurttSchuster

    11 ай бұрын

    @@sherryie2 I agree, that's the more reason I prefer my day to day invt decisions being guided by a fin-advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a fin-advisor for over 2years+ and I've netted over 2.8million.

  • @Mcllwain

    @Mcllwain

    11 ай бұрын

    @@kurttSchuster I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?

  • @kurttSchuster

    @kurttSchuster

    11 ай бұрын

    @@Mcllwain I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with "NICOLE DESIREE SIMON" for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.

  • @Mcllwain

    @Mcllwain

    11 ай бұрын

    @@kurttSchuster I just checked her out and I have sent her an email. I hope she gets back to me soon.

  • @brettkeller
    @brettkeller2 жыл бұрын

    this series with this guy is one of the most valuable things I've seen. my trading results have been better in the last 36 hours since seeing this.

  • @OptoThemes

    @OptoThemes

    2 жыл бұрын

    Thanks for watching!

  • @AkshayAradhya

    @AkshayAradhya

    2 жыл бұрын

    what did you do differently?

  • @brettkeller

    @brettkeller

    2 жыл бұрын

    @@AkshayAradhya stop trying to time the market and instead just go with the trend

  • @75PERCENTCOPPER

    @75PERCENTCOPPER

    Жыл бұрын

    @@brettkeller yes

  • @aGr3atD4y

    @aGr3atD4y

    Жыл бұрын

    @@brettkellerOh, yes, i do that a LOT too

  • @ThomasHenry144
    @ThomasHenry1443 ай бұрын

    First money mistake to avoid is feeling the need to solve everything and be there for everyone, you have to invest in yourself before investing in others

  • @MasonRoy822

    @MasonRoy822

    3 ай бұрын

    You live and learn. I blew two funded $50K accounts with Karen L Nancy mentorship program. It's really making me self reflect and be able to see my trading mistakes even more. I got caught up in revenge trading and not walking away when I should have.

  • @IsabellaJulialove

    @IsabellaJulialove

    3 ай бұрын

    Our issue stems from the prevalent belief held by the majority that "having a good job is all it takes to become wealthy." Many people are unaware that these billionaires are using a different set of rules when conducting business.

  • @JohnMichael007

    @JohnMichael007

    3 ай бұрын

    That's very practical and smart goal, a wise man once said do everything you can to get outta debt, one of his tips to get rich.

  • @CharlotteNatalie-rt1gj

    @CharlotteNatalie-rt1gj

    3 ай бұрын

    The best approach for novices is to trade under the supervision of an expert, trust me you will be debt free.

  • @EmilyNora234

    @EmilyNora234

    3 ай бұрын

    I start investing my cash in others to achieve all my dream with the help of Karen Nancy. The difference Mrs Karen L Nancy make in my life is second to none. It's definitely a life changing kindness. I really appreciate her effort in my life time.

  • @drallanfreitas
    @drallanfreitas2 жыл бұрын

    It's unbelieveble that the people do not see this event... but some lambo man has 3million views... Very good Tom, you have my respect, very very good!

  • @satyensawant384

    @satyensawant384

    Жыл бұрын

    That's why many don't have the lambo

  • @pratikpatil9377
    @pratikpatil93773 жыл бұрын

    He is the MAN !!!!!! I got what he was saying since first part, in this one. If you gonna go BIG then you need to act counter intuitively consistently until it becomes your nature, then the possibilities of higher outcomes open for you otherwise you gonna remain little and average. If you wanna play into millions and billions then you got to act counter intuitively and control your mind from interfering. MIND BLOWING....!!!! I gonna recall this EVERY DAY.

  • @dannyd8347

    @dannyd8347

    3 жыл бұрын

    Hii there,can you please explain what’s his whole strategy is about? Is it going big after every win ? Then at one point we goona to loose all the profits right ? So what is the ideal profit target stop and stop loss. Thanks

  • @Thlanc3

    @Thlanc3

    3 жыл бұрын

    @@dannyd8347 the idea is to just master your mind to stick to your plan and manage risk. Remember you can't predict the outcome of any trade but you know the odds are in your favor so all you have to do is execute once you see your strategy/setup. Let the trade play out it's the only way to find out your strategy probability. We're all good at chart analysis but is your psychology and mindset developed and ready to accept the good and the bad of trading?

  • @gauravbhalerao7420
    @gauravbhalerao74202 жыл бұрын

    This is quite literally the best piece of advice to beginner traders like myself. I've just recently started applying these concepts to my trading style and ngl it has completely changed my game. This guy is f**king awesome, they way he explains, his energy, his style of capturing the audience, is phenomenal. Really loved the series, and hope I get to meet Tom one day for he has played a great part in shaping my trading career as well as have an impact on my mindset as a whole.

  • @OptoThemes

    @OptoThemes

    2 жыл бұрын

    Thanks for watching!

  • @vetiarvind
    @vetiarvind3 жыл бұрын

    This has been a very educative series so far.

  • @OptoThemes

    @OptoThemes

    3 жыл бұрын

    Thanks for watching!

  • @user-uz9me1ii9r

    @user-uz9me1ii9r

    3 жыл бұрын

    @@OptoThemes y

  • @user-uz9me1ii9r

    @user-uz9me1ii9r

    3 жыл бұрын

    @@OptoThemes sor

  • @Interhalter
    @Interhalter3 ай бұрын

    This man is dropping golden nuggets everywhere. Nice talk by him! Thanks for uploading!

  • @Darfaultner
    @Darfaultner2 жыл бұрын

    What I got from this is what I expected. Psychopaths make good traders.

  • @jonaskarlberg1855

    @jonaskarlberg1855

    Жыл бұрын

    Not really. But adding to a position is not recommended for beginners. When you do that in a ranging market is just pure gamble, 50-50.

  • @blessingpaul5484
    @blessingpaul54845 ай бұрын

    Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

  • @user-cr8nd1sy8e

    @user-cr8nd1sy8e

    5 ай бұрын

    Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

  • @alicebenard5713

    @alicebenard5713

    5 ай бұрын

    This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

  • @blessingpaul5484

    @blessingpaul5484

    5 ай бұрын

    Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

  • @SophiaBint-wj8wn

    @SophiaBint-wj8wn

    5 ай бұрын

    Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

  • @KatherineAnderson-lm8bw

    @KatherineAnderson-lm8bw

    5 ай бұрын

    I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

  • @sebastianritter9256
    @sebastianritter925623 күн бұрын

    Tom is a legend and his Book changed my life. Not only for Trading!

  • @jehhandalealejandre972
    @jehhandalealejandre9722 жыл бұрын

    6 months of educating myself to be a consistent and disciplined trader and theeeen I see this. Mind blowing...

  • @brianallen2600

    @brianallen2600

    Жыл бұрын

    So Johhan Dale, it has been a year since you posted this reply. I have just now seen this video basically the same as you did, but a year later. Lol So, since it has been a year, has this kind of outlook on trading helped you very much?

  • @jordanj9116
    @jordanj91167 ай бұрын

    I’m just learning a month into it . Not even paper trading yet. Watched live trading this morning ! and he double down on the loser and ended up losing -$2400. This presentation is priceless

  • @moneymakingmuro3932
    @moneymakingmuro39322 жыл бұрын

    I live and die by; I must control my mind, otherwise i can’t control my future! That one rule is going to make a huge difference in my thinking. Thank you Tom. #newmantra

  • @Thenarayanaclips
    @Thenarayanaclips2 жыл бұрын

    This guy has changed my entire psychology.

  • @chrisjlee2013
    @chrisjlee20132 жыл бұрын

    The part where he asked “So do you think the trades today and yesterday are interconnected?” really woke me up.. it’s one of my flaws in trading

  • @gennadiwegner6136
    @gennadiwegner61363 жыл бұрын

    This is how i imagined the rich where taught behind closed doors!!!😂😂

  • @theodorekalfagiannis7506

    @theodorekalfagiannis7506

    2 жыл бұрын

    The doors are metaphorically closed, how many poor people do you know that are actively researching the right topics and retraining their internal beliefs. These events are everywhere, yet people will actively avoid them in favour of spending their time doing something with the illusion of value.

  • @trendingvidz2

    @trendingvidz2

    2 жыл бұрын

    @@theodorekalfagiannis7506 agreed, there is an example in “Rich Dad Poor Dad” too.

  • @RecapBoondocks

    @RecapBoondocks

    2 жыл бұрын

    Oaky you funny 😂😂😂😂😂🔥🤝😂😂😂😂😂😂😂😂😂😂😂

  • @churchillmmadu

    @churchillmmadu

    2 жыл бұрын

    😂... definitely

  • @chrisjackson8858

    @chrisjackson8858

    2 жыл бұрын

    That’s an excellent perspective.

  • @timombogo678
    @timombogo6782 ай бұрын

    great series. "The day you add to a winner is the day you know you have become a good trader." So true.

  • @twan4788
    @twan47882 жыл бұрын

    So much great information for free. I fucking love this man lol

  • @arpit92m
    @arpit92m8 ай бұрын

    I saw a reel of this man around 2 weeks back , he compounds on a winning trade , cut losses on losing trade I lost around aprrox 33k in 3 consecutive days, but on 4th day I earned approx 51k simply by compouding on every dip that day , same thing happened this week. I am feeling a little bit like a trader now

  • @evanbazzini
    @evanbazzini3 жыл бұрын

    When he talked about looking at the 1 minute charts and everyone laughed I felt attacked and had a breakthrough at the same time

  • @nicolaimarquez3055

    @nicolaimarquez3055

    2 жыл бұрын

    @@100LOT Same

  • @stevemagic5358

    @stevemagic5358

    2 жыл бұрын

    What’s wrong with 1min charts and what was your breakthrough ?

  • @theouts1der

    @theouts1der

    2 жыл бұрын

    @@stevemagic5358 the small the time frame, less reliable the pattern!

  • @baneetkumar6710
    @baneetkumar6710 Жыл бұрын

    This series is a masterpiece series any trader could ever watch, very much needed for me. Thank you so much, sir.

  • @perso7995
    @perso79953 жыл бұрын

    you are an amazing guy. thanks for all the advice. I've been always thinking like "we have all the data in front of us? what keeps us from winning?" and found most answers in this conference. thank you and for your brilliant presentation skills.

  • @lucreziamorganti9115
    @lucreziamorganti91152 жыл бұрын

    Incredibly powerful and illuminating!!!👍👍👍thank you 🙏

  • @tomyshaw977
    @tomyshaw9773 жыл бұрын

    Love this guy! Appreciate his thinking!

  • @OptoThemes

    @OptoThemes

    3 жыл бұрын

    Thanks for watching!

  • @ahamedmusharaft738
    @ahamedmusharaft7387 ай бұрын

    "Add winning Positions" These words will change my entire trading approach 😊

  • @infuglenn
    @infuglenn2 жыл бұрын

    This is what i needed to hear, thank you!

  • @lmichaud8586
    @lmichaud85863 жыл бұрын

    This 5th part made much more sense. I totally get it now about adding to winning positions. It's extremely counter-intuitive, and it takes exceptional discipline to do that.

  • @DennisRay99

    @DennisRay99

    2 жыл бұрын

    Adding to positions has generally been bad in my experience

  • @nicolaimarquez3055

    @nicolaimarquez3055

    2 жыл бұрын

    @@DennisRay99 You have to know when to add them

  • @sugarbear1846

    @sugarbear1846

    2 жыл бұрын

    wait so when do you ACTUALLY take your profit?

  • @ezniyazov7970

    @ezniyazov7970

    2 жыл бұрын

    @@sugarbear1846 I take my profit the second I see a potential downtrend

  • @authenticself3800

    @authenticself3800

    Жыл бұрын

    Do it on a trending move..

  • @BugMateo
    @BugMateo2 жыл бұрын

    Tremendous lessons in this series... Thanks, Tom

  • @OptoThemes

    @OptoThemes

    2 жыл бұрын

    Thanks for watching!

  • @arafatulhasan1150
    @arafatulhasan11502 жыл бұрын

    financial market vs supermarket. Excellent explanation sir.learn so many things...thank you sir

  • @ramvaidhya22
    @ramvaidhya22 Жыл бұрын

    True facts...i know & understand this fact " let the winner run" long back...but not actually following it. Your teachings gave me the courage to make it happen! Thanks Tons👌

  • @brentbel1348
    @brentbel13483 жыл бұрын

    2020 was a whole new ballgame!!

  • @DennisRay99

    @DennisRay99

    2 жыл бұрын

    A fine opportunity

  • @viharpatel8195
    @viharpatel81953 жыл бұрын

    Man this is awesome..... This guy speaks from heart . Hope this channel reach 100k soon. Thank you sir for this knowledge.

  • @OptoThemes

    @OptoThemes

    3 жыл бұрын

    Thanks for watching!

  • @marangeanswer2668
    @marangeanswer26683 жыл бұрын

    worth watching thumbs up chief ..... that's all i was looking for

  • @zarols9445
    @zarols94459 ай бұрын

    Golden Nuggets - Crazy how human I am !!! - So many points resonates with what I already noticed in my bad ways of trading - Took so many notes - Thank you a lot Mr Hougaard for sharing your knowledge - What an amazing presentation !

  • @ifthaker2277
    @ifthaker22773 жыл бұрын

    This video is free. and it's illigal!!

  • @conanvorloc5777
    @conanvorloc57773 жыл бұрын

    “ It’s paramount to think the correct way otherwise you will be emotionally robbed of your greatest opportunity “. That’s pure gold tight there...story of my life.

  • @mandyssugarshack6414
    @mandyssugarshack64142 жыл бұрын

    Absolutely golden information. 😳

  • @nicovornicu2573
    @nicovornicu25733 жыл бұрын

    By the 3rd video i fell in love with this guy lol. Very good info

  • @nonjaninja4904
    @nonjaninja4904 Жыл бұрын

    Tom is a really good speaker.

  • @tanoalcanoni
    @tanoalcanoni2 жыл бұрын

    Capo pelado! La ultima frase resume todo! Gracias Opto CMC por traer a este gran exponente. Suscriptor nuevo

  • @charlesbutler3097
    @charlesbutler309710 ай бұрын

    Thanks for the content. Great valuable information

  • @aGr3atD4y
    @aGr3atD4y Жыл бұрын

    Tom is so excellent, like a financial guru. Many of the things he's talking about are mistakes most of us have made. I just wish i watched this before i began trading instead of those fake gurus with lambos and fancy mansions. This is the real deal!

  • @AckermanTrade
    @AckermanTrade Жыл бұрын

    That is a perfect speech!.. Yesterday and today is different. It was me till this video. After that time I struggle to change my mind. Thank you.

  • @tblightningbolt8902
    @tblightningbolt89026 ай бұрын

    This is amazing. Thank you

  • @superfuture433
    @superfuture4332 жыл бұрын

    Keep adding when going in profit is an eye opener gonna start doing that !!

  • @marukastrys3328
    @marukastrys33282 жыл бұрын

    Brilliant! Absolutely Brilliant!

  • @OptoThemes

    @OptoThemes

    2 жыл бұрын

    Thanks for watching!

  • @kamohelofelixmonethi6609
    @kamohelofelixmonethi66093 жыл бұрын

    this man is so smart 😊

  • @stebarg
    @stebarg3 жыл бұрын

    I for sure belong to the one percent club.😁 My mantra is “The majority is ALWAYS wrong.” 🚀🚀🚀

  • @iamripoff
    @iamripoff3 ай бұрын

    Great speaker! Never heard of him before but love this dude

  • @AndreaFernandez-nh5qm
    @AndreaFernandez-nh5qm3 жыл бұрын

    Great content. Thank you

  • @OptoThemes

    @OptoThemes

    3 жыл бұрын

    Thanks for watching!

  • @kapilsharma-ls9qc
    @kapilsharma-ls9qc Жыл бұрын

    This guy change my trading psychology to do better in trading

  • @TheWinghochui
    @TheWinghochui4 ай бұрын

    Thanks for your sharing!

  • @satyensawant384
    @satyensawant384 Жыл бұрын

    What a powerful session

  • @MarbleStatueMillett
    @MarbleStatueMillett10 ай бұрын

    Add to your winners as it goes up, so have a base bet, reduce if it turns against you and pump it if it goes

  • @m.dickinson436
    @m.dickinson4363 жыл бұрын

    Very wise and useful advices

  • @OptoThemes

    @OptoThemes

    3 жыл бұрын

    Thanks for watching!

  • @vipulnilkanth330
    @vipulnilkanth3302 жыл бұрын

    One of the best lecture videos on stock trading i've ever watched. However, the sound level of the videos is annoyingly low. Please increase the volume of these videos.

  • @lombardo141
    @lombardo1413 жыл бұрын

    I just started to get consistency. Year number 4. I just need a couple of more months to eliminate the statical chance of luck then I will begin the process of sizing. I do very well trading 1-2 contracts so it just makes sense to steadily go bigger. My biggest position was 6 contracts of the DOW mini and it was very very uncomfortable but I know if I needed to get where I needed to go I have to make trades like that more often.

  • @luisdetomaso2224

    @luisdetomaso2224

    3 жыл бұрын

    Have you considered using backtesting to help prove you are not just lucky? It might help accelerate your time frame - and allow you to size up with more confidence!

  • @lombardo141

    @lombardo141

    3 жыл бұрын

    @@luisdetomaso2224 I have been back testing. But I feel like my hit rate is way to high. I have not had a losing trade since middle of December last year. This has never happened to me before so I have to thread lightly and size up steadily. Am not in a rush.

  • @overPowerPenguin

    @overPowerPenguin

    3 жыл бұрын

    @@lombardo141 What you trade if you don't mind.

  • @lombardo141

    @lombardo141

    3 жыл бұрын

    @@overPowerPenguin DOW Minis(FUTURES)

  • @sugarbear1846

    @sugarbear1846

    2 жыл бұрын

    wait so when do you ACTUALLY take your profit?

  • @darks7504
    @darks7504 Жыл бұрын

    It's interesting how every successful trader have their unique technique to read the market, I have my own strategy and I never seen anyone use a similar strategy and now that I heard your rule of how to operate in mondays it makes perfect sense with my strategy as well, but the reason is a lot more technical and mathematical (in my strategy). I really hope to pollish all of the psychological weaknesses to be a trader like yourself someday.

  • @niro56
    @niro563 жыл бұрын

    *Thank You!*

  • @phanindra4700
    @phanindra47002 жыл бұрын

    This is GOLD! from INDIA

  • @LukeOnTheMove
    @LukeOnTheMove3 жыл бұрын

    Love it thanks Tom and CMC my broker lol

  • @greenparadise2
    @greenparadise23 жыл бұрын

    LOL thumbed up the video once the guy crawled over the chair!! 14:32 this is what passionate looks like hahaah NOW IS NOT THE TIME TO THINK WHETHER YOU LEFT THE STOVE ON loL!!

  • @TiffanyT-LaDolceVita

    @TiffanyT-LaDolceVita

    2 жыл бұрын

    I had to watch that part a few times.

  • @alexmazal-nirexpress1233
    @alexmazal-nirexpress12333 жыл бұрын

    Great content, great speaker learned alot , alll episodes are facinating🔥💐🦄❤💯💟📈📈📈📈📈📈

  • @OptoThemes

    @OptoThemes

    3 жыл бұрын

    Thanks for watching!

  • @ms.q7445
    @ms.q74453 жыл бұрын

    I love this!!!!!!!!! It helps a lot.

  • @OptoThemes

    @OptoThemes

    3 жыл бұрын

    Thanks for watching!

  • @ms.q7445

    @ms.q7445

    3 жыл бұрын

    @@OptoThemes 😘😘 Thank YOU!

  • @betangabehtabe4657
    @betangabehtabe46572 жыл бұрын

    wow thank you sir what a great inside

  • @relaxedsoothingsounds1
    @relaxedsoothingsounds13 ай бұрын

    Its crazy to think that I applied the advice from this presentation a hours ago and I have a profitable trade smooth.

  • @sportingsharksfcnfts5211
    @sportingsharksfcnfts5211 Жыл бұрын

    Great advice. Been trading 22 years consecutively and I agree with almost everything he’s saying

  • @rov.3358
    @rov.33583 жыл бұрын

    damn straight TRUE!!!

  • @Footy_saga
    @Footy_saga2 жыл бұрын

    Wanderful knowledge dropped ✔

  • @rameshj7574
    @rameshj75748 ай бұрын

    Tq u so much for that person and this channel ❤❤❤

  • @makaveli8979
    @makaveli89799 сағат бұрын

    Amazing vid! wow

  • @Kbramlett94
    @Kbramlett942 жыл бұрын

    Love the mentality

  • @tizulive9266
    @tizulive92663 жыл бұрын

    this is gold

  • @TNT-lu2et
    @TNT-lu2et Жыл бұрын

    This guy is Awesome

  • @DemeDusa8
    @DemeDusa811 ай бұрын

    Im so understand what he says ,wow i found my own mentor now ,

  • @aristark559
    @aristark5599 ай бұрын

    what a great speech

  • @bahdeng08
    @bahdeng082 жыл бұрын

    Hidden gems 💎

  • @christianajoe8563
    @christianajoe85638 ай бұрын

    Most people venture into crypto currency to be a millionaire meanwhile I just want to be debt free and live comfortably

  • @ningyen1444

    @ningyen1444

    8 ай бұрын

    Assets that can make you rich Bitcoin Stocks Real estate

  • @claresmithy4667

    @claresmithy4667

    8 ай бұрын

    You're right, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor

  • @haydencraig7149

    @haydencraig7149

    8 ай бұрын

    It's not ignorance but due to some unprofessional broker in the market

  • @thomasdooley3702

    @thomasdooley3702

    8 ай бұрын

    I recently got into forex trading and im already marveling over the profits I'm making, I'm like " how the hell have i been sleeping on this

  • @loydriley9221

    @loydriley9221

    8 ай бұрын

    Same here, I wish I knew about this Bitcoin trading earlier, brace up and get yourself some Bitcoin before it's too late

  • @wealthforwitches
    @wealthforwitches Жыл бұрын

    2:38 Loved that

  • @kylemacinas2894
    @kylemacinas28942 жыл бұрын

    this helps a lot thankyou

  • @OptoThemes

    @OptoThemes

    2 жыл бұрын

    Thanks for watching!

  • @Punisher1996
    @Punisher19962 жыл бұрын

    "My next trade will be the best trade of my life or a little loss" I'm framing this shit

  • @erensahinoglu5217
    @erensahinoglu52173 ай бұрын

    EXCELLENT

  • @sandipmaurya7371
    @sandipmaurya7371 Жыл бұрын

    Subscribed from India

  • @arvi79
    @arvi79 Жыл бұрын

    Can you post link for the presentation slides ? Thanks for uploading this

  • @combofist5024
    @combofist5024 Жыл бұрын

    at 22:45, I actually read all your notes in your chart. Please correct me if I am wrong. 15:44 and 15:54 and 16:44 and 16:47. It seems like you were adding to your losing position. Your short entry price was 23,510, 23,534, 23,581, 23,567. As a result, you made a loss of 225,000. thanks.

  • @Skyler_Oryan

    @Skyler_Oryan

    Жыл бұрын

    Exactly! He added 3 times to a losing position, held the losing position to a huge loss and for a long period of time, and never added once to any winning trades

  • @jehhandalealejandre972
    @jehhandalealejandre9722 жыл бұрын

    Damn good!!!!!!!!!

  • @OptoThemes

    @OptoThemes

    2 жыл бұрын

    Thanks for watching!

  • @klone619
    @klone619Күн бұрын

    I must control my mind, otherwise, I can't control my future!

  • @relebohileletsoela360
    @relebohileletsoela3603 жыл бұрын

    Omg this man's sarcasm 😭😭😭😂😂😂😂🔥🔥

  • @DennisRay99

    @DennisRay99

    2 жыл бұрын

    Huh? 🤔

  • @barakaSwim
    @barakaSwim Жыл бұрын

    Great 👍

  • @alexmacgregor8231
    @alexmacgregor8231 Жыл бұрын

    Anyone know if we can find this full video? Thanks!

  • @user-wv2cg2mr3w
    @user-wv2cg2mr3w3 жыл бұрын

    OR, instead of adding size you can simply go all in with proper risk and take profits on the way. marginal differences

  • @timelesssjolander4775
    @timelesssjolander47752 жыл бұрын

    This is excellent 🤣👍👍👍

  • @fosterwhales1027
    @fosterwhales1027 Жыл бұрын

    Thanks for continuous great videos, I feel those who would allow the Market dynamics to determine when to trade or not are either new in space in general or probably just naïve, the sphere have seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, I'd say that more emphasis should be put into trading, since it is way profitable than holding. i would say trading has been going smoothly for me, all thanks to Larry Kent Nick for his amazing skills for help me to earn $48,450 through trading chart. I believe we are in the spring phase

  • @charleyluckey2232

    @charleyluckey2232

    Жыл бұрын

    You nailed it, I've lost so much in the past trying to trade on my own. I'm glad I took a positive turn last year when I got in touch with Larry kent nick through a colleague's recommendation. I've recovered all I've lost

  • @fosterwhales1027

    @fosterwhales1027

    Жыл бұрын

    @Adrienne Bourgeau Larry Kent Nick Trading

  • @martinsriggs2441

    @martinsriggs2441

    Жыл бұрын

    This is a big shock!!! I came across Mr Kent a few weeks ago. I have to say he has gained so much fame over the years. Reading a good testimonial about Mr Kent makes me really happy to work with him. How he manages a portfolio and knows how to deal with a problem when it arises is very commendable. To be honest I have no reason to regret so far.

  • @susanbaxtron8422

    @susanbaxtron8422

    Жыл бұрын

    When you find someone good and trustworthy, all you have to do is hold on to them as good things are hard to find and hard to get. I don't think I would ever stop working with Larry. He showed me how to earn more through portfolio income, now I have the opportunity to earn passively. Three years with him now and it feels like yesterday.

  • @jasonwilson3874

    @jasonwilson3874

    Жыл бұрын

    I have traded with a lot of individuals but I have never come across anyone as good as Mr.Larry kent, just by applying his strategies, I now trade independently. he is the best I'd advise any novice in investing to trade with him.

  • @floydsmithjr7999
    @floydsmithjr79992 жыл бұрын

    Yep, Ive bought into buying the dips, sometimes it works but like this guy say It doesn’t make any sense. Buying a stock that’s going down because you think its going up. Then selling a stock that’s going up because you think its going down. It’s insanity 🤪 And Im guilty as charged

  • @abdallahashi

    @abdallahashi

    Жыл бұрын

    wah I feel a fool when watched this and read your comment.

  • @floydsmithjr7999

    @floydsmithjr7999

    Жыл бұрын

    @@abdallahashi Ive been watching the charts every say since I wrote that comment. I’ve learned to watch all the time frames. The longer time frames are extremely important for momentum sake. Yeah, you can scalp and make money but it’s very high risk, that shit can kill you in one 1 minute candle. I’ve learned to be patient, sometimes the market is a little to psychotic to get involved, it may be better to back off for the day, you have to fight off the feeling that you “have to” trade every day. To each his own, if you’re trying to get lucky, running on “hope” that it goes your way, most of the time you’re going to get f’d, unless losing money gets you off. Of course there’s all kinds of egotistically unbalanced yahoo’s who think they have all the answers in this place, they’re all full of crap.

  • @IshakMujevic
    @IshakMujevic3 жыл бұрын

    Who could possibly except that trading ming is zen mind 😀

  • @lastsmoke
    @lastsmoke3 жыл бұрын

    Thanks for the great video, not only very helpful, it's also fun to watch. The audience is too quiet though.

  • @OptoThemes

    @OptoThemes

    3 жыл бұрын

    Thanks for watching!