Is Tom Hougaard the real deal?

Discussion in 'Educational Resources' started by BartSimpson, Apr 11, 2023.

  1. Georpe

    Georpe

    It's always a balance between probability, risk, and reward. He scalps so what's bullshit about large risk with small reward but higher probability? There are people that explain/write about how to trade like that, but studying it seems to involve doing more work than what most active posters on ET feel like doing.
     
    #41     Apr 11, 2023
  2. The OP is delusional and appears to be wanting something for nothing. Not understanding the trading industry, his role in it, and thinking he’ll find someone online (for free or for a fee) which will hold his hand on his path to become a zillionaire.
     
    #42     Apr 12, 2023
  3. TrAndy2022

    TrAndy2022

    One needs to look at his performance reviews on telegram or website, where he posts his PNL. I figured out the average trade is just 2 points on Dax, that is nothing, if you consider slippage. He has so many followers that if just 10% of them are following and trading this with Tom they make the market and cause this kind of slippage. There is a reason he does not trade EURUSD or S&P500, there he cannot do that foulplay. I would avoid him. All his profits just can be because of his followers causing some slippage in his favor and then he can close his position with a quick profit when everyone jumped in.
     
    #43     Apr 12, 2023
    maxinger likes this.
  4. maxinger

    maxinger


    targeting 2 points profit for Dax is extremely horrific!
    Only newbies do such a thing.

    Day traders target 30 points minimum for dax.
    And for swing traders, it should be much much more than 30 points.
     
    #44     Apr 12, 2023
    Darc and SunTrader like this.
  5. Literally just asking questions on possible educators. Never mentioned wanting something for nothing. If you don't like what I'm writing then feel free to leave and not post here. No one asked you to join the conversation.
     
    #45     Apr 12, 2023
    SunTrader likes this.
  6. He trades CFDs though. Would this still be an issue?
     
    #46     Apr 12, 2023
  7. I think Andy is wrong. The excel file I downloaded showed take profits of around 30 points and he held for minutes/hours.
     
    #47     Apr 12, 2023
  8. You spent less than half a day in his room and you're already an expert on the guy. Says it all.
     
    #48     Apr 12, 2023
  9. #49     Apr 12, 2023
    Laissez Faire likes this.
  10. speedo

    speedo

    Tom is for real but if you are looking for the technical Holy Grail you are pissing up a rope. Hougaardt is an average technician...what he is though is a disciplined trader who runs his winners and cuts his losers. And unlike most, he scales IN when price is moving in his direction. The key to his success as is the case with nearly all successful traders is his discipline and ability to overcome fear to do what needs to be done with steady consistency.
     
    #50     Apr 12, 2023