Successful Trading Is All About… – Tom Hougaard’s Strategy
Successful trading is not about charts or fundamental analysis—it’s about how you think when you’re in a position.
Tom Hougaard explains the psychological trap most traders fall into:
✔ Fear makes traders exit winning positions too early.
✔ Hope keeps traders holding onto losing positions for too long.
✔ The Solution? Do the opposite—add to winners and cut losers quickly.
💡 This is the mindset shift that separates profitable traders from the rest!
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successful trading is not about charts
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it's not about fundamental analysis it
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is how you think when you are in a
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position be it a winning position or a
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losing position and as I often say when
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people are in a winning position they
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have a tendency to get afraid that the
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position is going to turn against them
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and when they are in a losing position
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they have a tendency to hope that the
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market is going to turn around and and
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take them out whole but the reality is
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that when I'm in a winning position I
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think positively about it and I add to
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my winning positions I.E I compound to
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make the position even bigger but when
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I'm losing I step back and say I'm just
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wrong and I think the vast majority of
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losing Traders does exactly the opposite
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of how I do it
