Discover How Tom Hougaard Overcame His Biggest Trading Mistake!
🔻 “I was the worst.” That’s how Tom Hougaard describes his early trading journey. He had money, he lost it, and he realized he was thinking like everyone else. But what changed?
💡 Instead of catching falling knives, he embraced momentum. When the market had already moved, he didn’t fight it—he joined it. This simple yet powerful mindset shift turned his trading around.
📊 Discover why trading against your instincts is often the right move and how Tom’s approach led him to his best trade of the month!
🔥 Don’t trade blind. Learn from the pros!
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#TomHougaard #TradingMindset #DayTrading #ForexTrading #PsychologyOfTrading #MomentumTrading #TradingMistakes #Scalping #StockMarket #TraderLife
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I was the worst. The problem with me was that I
had plenty of money to trade with to begin with,
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and I lost it. And I lost it because
I was thinking like everyone else.
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And at some point—don’t ask me—it
wasn’t one of those epiphanies. It
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was more a question of hard work and
thinking, I can’t keep doing this.
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I have to start thinking differently. I have
to learn from my mistakes. And I slowly and
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gradually began to realize that the mistake
was that I always tried to find the low,
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and I would never buy a market that
had already gone up. When I began to
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look at it and look at my own trades,
I realized that was the way forward.
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So, when the market is down—I illustrated a
dollar/yen trade last month—the market had
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already fallen 300 points in an hour when
I began to sell it. Not buying it—selling
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it. And it’s difficult to sell something
that has already gone down as much as it
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had. But that was the right thing to do, and it
turned out to be the best trade of the month.
