Is Tom Hougaard the real deal?

[BartSimpson]

You spent less than half a day in his room and you're already an expert on the guy. Says it all.

Never said I was an expert on the guy. I made the thread to ask questions. In an industry ripe with fraud, am I not able to do that? Is being critical and questioning on things others put out not okay with you?

You sound like an angry piece of shit and have weird incel energy going on. I went through some of your older posts and see you've been at this for years with no success. I guess that's the reason. If you're angry at the world, don't take it out on others. Go be a loser elsewhere, and feel free to leave at any time. No one asked you to join the conversation. I won't be responding to you in the future.

 

[Laissez Faire]

You sound like an angry piece of shit and have weird incel energy going on. I went through some of your older posts and see you've been at this for years with no success. I guess that's the reason. If you're angry at the world, don't take it out on others. Go be a loser elsewhere, and feel free to leave at any time. No one asked you to join the conversation. I won't be responding to you in the future.

You're the one that's angry and frustrated after naively wasting your money on courses, f**kface. Tired and burned out after only 6 months.

The final advice which you don't deserve is that you should give up now as trading is not going to work out for you. If you choose to ignore this advice and still decide to lose all your money, remember this post and remember that you were warned.

Here's what this clown Rutro posted with his previous nick which was banned. I'm not exactly a fan of destriero, but the sh*t he posted here is completely unacceptable.

Anyone here actually profitable? | Page 15 | Elite Trader

 

[SunTrader]

Name calling (back and forth) is kinda an indication of one's anger level - just sayin'.

 

[king1999]

Thanks for this. You're right, it took you, what, all of about 5 minutes to make this? Anyone worth their weight would be able to produce an easy to follow example, so if he's not able, I'm sure he's a fraud.

His setups are usually not marked up at all, just show random pictures of charts, and it's hard to make heads or tails of what he is trying to teach because there is no context.

For example, how is this helpful? He explains where he might buy but there is zero explanation that goes into why:

That's a setup called School Bus Run. It is based on some Market Maker tendencies.

 

[Samotnjak23]

I do not agree with most of you who did not spend a lot time in his telegram group. That being said I do have other concerns about him.

First of all his edge is not a greatest technical analysis, his edge is more psychological... he never adds to his losers but he adds big to his winners... he moves stop loss to breakeven a lot of time hoping for a runner without any cost... his stop loss is always pre determined (for DAX around 30 points), and he is fast to move stop loss closer to breakeven if he gets "confirmation" from price action... he never moves stop loss further from breakeven. in a nutshell that is his trading style. that is why he will have a lot of mediocre or losing days, and then when he catches a big winner he adds like no other.

He does often explain (not always) reasons for his entry based on some basic price action rules... double top, double bottom, measured move and such...

Newest edition to telegram group is audio streaming from his website, that has NO latency or maybe 0.2 sec sometimes... i was really excited when he included this because until that the latency of telegram sound and messages was too big so it was impossible to follow his trades...

He does all of this for free. I mean, you do not need to buy his book or go to seminars... I didn't.

What concerns me is this. Although he does not sell you anything, he does often, and i mean OFTEN "suggest" using TD365 broker. It is like:
"if you do not use this broker you will not have the same price as i have when i am calling trades" or
"i have done a lot of research and for my kind of trading you need to use broker with small spread, and according to my big research TD365 has the best spread in the game"...
At first i didn't pay much attention to it, but after some time you really start to notice. he does say that he does not care which broker you use... but... why does he mention some shady broker that many times.. i tried to do some research of this broker but i do not have much to tell you...
it is based in Bahamas, with some shady address. It is mostly CFD broker and that is a RED flag on its own... it has 200:1 leverage... owner of TD365 is listed Davin Clarke, who promoted Tom Hougaard on couple of forums... i am not expert on brokers but something smells here..

Today i got email from TD365 that they are increasing their indices spreads by 50% ... DOW from 1 to 1.5... forex spreads a lot more AUD/CAD 2.6 to 14... and of course tom hougaard had a bad week last week, where he lost all of the gains from march. and after that he went on "holiday".
i do not know anymore, everything seems like well thought scam. i am not expert on brokers so i do not know the extent they can do on manipulating prices and scamming their customers...

 

[speedo]

I do not agree with most of you who did not spend a lot time in his telegram group. That being said I do have other concerns about him.

First of all his edge is not a greatest technical analysis, his edge is more psychological... he never adds to his losers but he adds big to his winners... he moves stop loss to breakeven a lot of time hoping for a runner without any cost... his stop loss is always pre determined (for DAX around 30 points), and he is fast to move stop loss closer to breakeven if he gets "confirmation" from price action... he never moves stop loss further from breakeven. in a nutshell that is his trading style. that is why he will have a lot of mediocre or losing days, and then when he catches a big winner he adds like no other.

He does often explain (not always) reasons for his entry based on some basic price action rules... double top, double bottom, measured move and such...

Newest edition to telegram group is audio streaming from his website, that has NO latency or maybe 0.2 sec sometimes... i was really excited when he included this because until that the latency of telegram sound and messages was too big so it was impossible to follow his trades...

He does all of this for free. I mean, you do not need to buy his book or go to seminars... I didn't.

What concerns me is this. Although he does not sell you anything, he does often, and i mean OFTEN "suggest" using TD365 broker. It is like:
"if you do not use this broker you will not have the same price as i have when i am calling trades" or
"i have done a lot of research and for my kind of trading you need to use broker with small spread, and according to my big research TD365 has the best spread in the game"...
At first i didn't pay much attention to it, but after some time you really start to notice. he does say that he does not care which broker you use... but... why does he mention some shady broker that many times.. i tried to do some research of this broker but i do not have much to tell you...
it is based in Bahamas, with some shady address. It is mostly CFD broker and that is a RED flag on its own... it has 200:1 leverage... owner of TD365 is listed Davin Clarke, who promoted Tom Hougaard on couple of forums... i am not expert on brokers but something smells here..

Today i got email from TD365 that they are increasing their indices spreads by 50% ... DOW from 1 to 1.5... forex spreads a lot more AUD/CAD 2.6 to 14... and of course tom hougaard had a bad week last week, where he lost all of the gains from march. and after that he went on "holiday".
i do not know anymore, everything seems like well thought scam. i am not expert on brokers so i do not know the extent they can do on manipulating prices and scamming their customers...

Yes, it's not uncommon for high profile figures to benefit from kickbacks promoting a firm, broker, funding firm whatever. I don't have a problem with that as long as the firm is reputable and stable. As always caveat emptor...always do your research....and each of us can only rely on our own knowledge, skills and disciplines to trade profitably. We can learn from others but how successful Hougaard, Paul Tudor Jones or Larry the Lambo driving YouTube guy has little to do with our ultimate success or failure.

 

[NoahA]

I do not agree with most of you who did not spend a lot time in his telegram group. That being said I do have other concerns about him.

First of all his edge is not a greatest technical analysis, his edge is more psychological... he never adds to his losers but he adds big to his winners... he moves stop loss to breakeven a lot of time hoping for a runner without any cost... his stop loss is always pre determined (for DAX around 30 points), and he is fast to move stop loss closer to breakeven if he gets "confirmation" from price action... he never moves stop loss further from breakeven. in a nutshell that is his trading style. that is why he will have a lot of mediocre or losing days, and then when he catches a big winner he adds like no other.

He does often explain (not always) reasons for his entry based on some basic price action rules... double top, double bottom, measured move and such...

Newest edition to telegram group is audio streaming from his website, that has NO latency or maybe 0.2 sec sometimes... i was really excited when he included this because until that the latency of telegram sound and messages was too big so it was impossible to follow his trades...

He does all of this for free. I mean, you do not need to buy his book or go to seminars... I didn't.

What concerns me is this. Although he does not sell you anything, he does often, and i mean OFTEN "suggest" using TD365 broker. It is like:
"if you do not use this broker you will not have the same price as i have when i am calling trades" or
"i have done a lot of research and for my kind of trading you need to use broker with small spread, and according to my big research TD365 has the best spread in the game"...
At first i didn't pay much attention to it, but after some time you really start to notice. he does say that he does not care which broker you use... but... why does he mention some shady broker that many times.. i tried to do some research of this broker but i do not have much to tell you...
it is based in Bahamas, with some shady address. It is mostly CFD broker and that is a RED flag on its own... it has 200:1 leverage... owner of TD365 is listed Davin Clarke, who promoted Tom Hougaard on couple of forums... i am not expert on brokers but something smells here..

Today i got email from TD365 that they are increasing their indices spreads by 50% ... DOW from 1 to 1.5... forex spreads a lot more AUD/CAD 2.6 to 14... and of course tom hougaard had a bad week last week, where he lost all of the gains from march. and after that he went on "holiday".
i do not know anymore, everything seems like well thought scam. i am not expert on brokers so i do not know the extent they can do on manipulating prices and scamming their customers...

This is an excellent summary. I too was listening in on him for a few weeks after someone here at ET suggested it. As you say, his study of psychology is top notch. The extensive analysis of pain in trading is so real, and the pain of a winning trade is actually more pronounced than the pain of a losing trade, and this I can agree with. (its from him book and another journal entry from his website)

I spent a few weeks plotting his trades on my charts, and they are indeed called out in real time. I was using futures and did notice that sometimes his instruments were running a little faster or not as well matched up. I think its no different than if you trade ES vs. the leveraged ETF UPRO. When the move gets going, the ETF seems to take off faster because of worse liquidity. Now add in the spread factor for the CFD, and it can get worse still.

I think there are lots of benefits to trading CFDs, and I think I read somewhere that in England for example, there are no taxes on this. Its essentially a betting account, and you don't pay tax on gambling. (someone correct me if I'm wrong). So using this account makes total sense, and maybe this 365 place is the best bucket shop in town if you're going the bucket shop route.

He may very well have a business relationship with them, and none of that mattered to me as long as trades called out were legit. For the US markets that I watched live, his trades were 95% spot on, and if I followed his trades, I either would have made or lost money like him if I was trading the micro futures. But as you say, he had a shitty 2nd half of April and took some time off.

He is about as close to transparent as you will get though. The nice thing is that you saw the good with the bad in his trading. Yes, the trades didn't seem like the type of trading you think he does based on him always wanting to hold of for big wins, but maybe he is adapting to the market conditions. I wasn't around for when he made huge wins and only saw small scalps that lasted several minutes. But even these were in the range of 5-15k pounds since he apparently trades big size, so this added up nicely.

In conclusion, because he is calling everything live, its the most transparency that I have ever come across from anyone on this forum after being here for years. Most people here just share their results on good days, but if you're only posting once or twice a week, that doesn't tell you much, or maybe it does... hint hint.

 

[king1999]

The way he traded CFD reminded me of Jesse Livermore betting in the bucket shops when he was young. The super thin spread provided by TD365 is a huge edge, especially for scalping. The other significant edge was his psychological makeup which I have learned from his book and applied to my own trading. I would say it trumped most other trading psychological crap out there. I can’t believe so many people bought into Mark Douglas’ nonsense. Lol

 

[NoahA]

The way he traded CFD reminded me of Jesse Livermore betting in the bucket shops when he was young. The super thin spread provided by TD365 is a huge edge, especially for scalping. The other significant edge was his psychological makeup which I have learned from his book and applied to my own trading. I would say it trumped most other trading psychological crap out there. I can’t believe so many people bought into Mark Douglas’ nonsense. Lol

What was bad about Mark Douglas?

 

[maxinger]

This guy acts like he trades huge size in the markets, wrote a book ('Best Loser Wins'), is big on trading psychology, and the whole thing just stinks of scam.

He's got this site, www.tradertom.com.

Anyone have experience with this guy?

If you can't tell, I'm trying to find someone who actually knows what they're doing, thus my several posts on other educators. Really trying to put the work in and make a go of trading, but currently struggling. Just wondering if anyone out there is honest and actually teaches it or if they are all completely full of shit?

I mean, listen to this shit: https://www.whyp.it/tracks/88167/trading-and-life-philosophy-tom-hougaard?token=dbEip

He spends more time talking about this abstract, new-age nonsense than he actually does trading. What the hell is wrong with people? He sounds like what Xanax would sound like if a drug could speak.

Strange ....

Based on your write-up, you already know he is not the real deal.
So you need not ask us whether he is a real deal or not.


Most of the trading coaches cannot trade.
So they have to teach so as to bring home the bacon.