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#129 Tom Hougaard: 'Knowing Where the Market Is Going Is Meaningless, If You Can't Act Upon It!'

#129 Tom Hougaard: 'Knowing Where the Market Is Going Is Meaningless, If You Can't Act Upon It!'

FromThe AlphaMind Podcast


#129 Tom Hougaard: 'Knowing Where the Market Is Going Is Meaningless, If You Can't Act Upon It!'

FromThe AlphaMind Podcast

ratings:
Length:
99 minutes
Released:
May 15, 2024
Format:
Podcast episode

Description

Join us on the AlphaMind Podcast for an exclusive episode featuring Tom Hougaard, author of the best-selling trading book "Best Loser Wins." Following his highly acclaimed first AlphaMind podcast in 2022, which became our most downloaded episode with nearly 70,000 downloads, Tom returns for a second captivating discussion.In this episode, Tom delves deep into the essence of trading, shedding light on the importance of action over mere analysis and prediction. He underscores that while analytical skills are paramount, their true value lies in their effective application.Tom further elucidates his thinking by talking about his concept of ‘situational analysis’, emphasizing its pivotal role in his trading methodology and advising fellow traders to prioritize this aspect in their work. Additionally, he shares invaluable insights into his personal routine, emphasizing the significance of maintaining optimal mental and physical well-being through exercise and nutrition.Tune in as Tom Hougaard imparts his wealth of wisdom and practical strategies, including his renowned 'Rule of 4', hid 'Schoolrun' and his ‘Skyscraper’ which he uses to add further size to this trades when moving with the momentumThis podcast is designed to challenge and inspire you to introspect on your own practices and strategies, fostering growth and development in your trading journey.Website: https://tradertom.com/Telegram Channel: https://t.me/TomHougaardYouTube Channel: https://www.youtube.com/@TraderTomLive Trading: https://tradertom.com/live-trading/Ticket for Tom’s upcoming US & Canada Events: https://www.eventbrite.com/o/tom-hougaard-46097921353AlphaMind: Powering Performance in Global Markets AlphaMind brings powerful change, growth and development to people and businesses within global markets. Driven by a deep understanding of how markets work, and how people and businesses function within them, we partner with clients to create personal performance improvements that elevate returns across their trading activities.Go to the AlphaMind website to know more.
Released:
May 15, 2024
Format:
Podcast episode

Titles in the series (100)

Mastering trading is not about mastering markets but mastering yourself. The AlphaMind Podcast focuses on the 'Trader Self'. We look at the person doing the trading, their interactions with the market, the impact the market has on them, and the skills, actions and activities needed to navigate their way through the complex and uncertain terrain of financial, commodity, energy and crypto markets.