Is Tom Hougaard the real deal?

[dingdongw]

Youve apologised.Good!

Now fuck off you ugly little paedo.

Bahahaha

You're literally a simpleton. I apologised to the two other gentlemen in the forum that took the time to offer advice no matter if at first they may have misunderstood my purpose for initially posting. They took the time to try and be constructive. I can only respect that.

You on the other hand? I don't apologise to you. I pity you.

You have no class, your grammar and cadence is all wrong. You are a basic guy. You bore me. There are too many of you clogging up the streets. You're insults are childish, basic. They reflect your low intelligence.

If you'd also like an apology then, you'll have to......jog on...Hahaha ok seriously I've got to work now...take care my little chimney sweep.

 

[Laissez Faire]

Hahaha. Good try. Why would I be angry? Life is great..maybe your guy Semperfrosty could do with taking your advice though....He sounds like he's just wet himself with rage...Hahahaha

Well, you did call me an idiot, stupidly hypocritical and a clown (twice) and maybe a few other insults, too. So, you did sound kind of angry to me.

Anyway, let's move on.

I maintain my view that the huge majority of people in the educational business ain't worth their while or listening to - with a few exceptions. I gave Tom the benefit of the doubt since his room is for free and he appears to be trading live with his own account and have been endorsed by others as the real deal. Now, even if I gave him the benefit of the doubt doesn't mean I endorse him in any way as I have no personal experience beyond what I've been told. I don't have any vested interest either way, but I do like if we can stick to facts and rationality and discuss things like adults.

 

[semperfrosty]

You're literally a simpleton. I apologised to the two other gentlemen in the forum that took the time to offer advice no matter if at first they may have misunderstood my purpose for initially posting. They took the time to try and be constructive. I can only respect that.

You on the other hand? I don't apologise to you. I pity you.

You have no class, your grammar and cadence is all wrong. You are a basic guy. You bore me. There are too many of you clogging up the streets. You're insults are childish, basic. They reflect your low intelligence.

If you'd also like an apology then, you'll have to......jog on...Hahaha ok seriously I've got to work now...take care my little chimney sweep.

Just keep your paedophilia in Bangkok cunt.

You bring it back on the mainland me and the bruvs gonna find you and chop you up.

Won't be hard to find a known paedo name of William Bell.

Be safe boy.

 

[Noizy]

Hello,

Is TD365 a reputable/trustworthy broker or are you being manipulated there?

I noticed that these prices sometimes show extreme spikes at times that I don't see in comparison to other brokers. I contacted TD365 about this and was told they have no influence on the prices charged by their liquidity providers.

 

[NoahA]

Hello,

Is TD365 a reputable/trustworthy broker or are you being manipulated there?

I noticed that these prices sometimes show extreme spikes at times that I don't see in comparison to other brokers. I contacted TD365 about this and was told they have no influence on the prices charged by their liquidity providers.

My guess is that when you are dealing with a "re-seller", as opposed to the direct exchanges, you are going to get much worse prices, and since there is less liquidity, you will see price spikes.

Take for example trading NQ and MNQ, the micro contract. This one can easily spike a few ticks or even a few points higher or lower than the NQ contract that its based on, and both even trade at the CME! So if you're dealing with a product/instrument that is based on something trading somewhere else, and that has a limited market, these spikes are to be expected.

Now saying all that, I have never traded with them or any other CFD, which is what I think they are, so I have no direct experience, but I would expect to see this sort of stuff. All you can really do is plot the contract from the CME that you are following against the instrument at TD365 that should track this contract, and see if it looks close enough or not.

 

[Noizy]

View attachment 341465

My guess is that when you are dealing with a "re-seller", as opposed to the direct exchanges, you are going to get much worse prices, and since there is less liquidity, you will see price spikes.

Take for example trading NQ and MNQ, the micro contract. This one can easily spike a few ticks or even a few points higher or lower than the NQ contract that its based on, and both even trade at the CME! So if you're dealing with a product/instrument that is based on something trading somewhere else, and that has a limited market, these spikes are to be expected.

Now saying all that, I have never traded with them or any other CFD, which is what I think they are, so I have no direct experience, but I would expect to see this sort of stuff. All you can really do is plot the contract from the CME that you are following against the instrument at TD365 that should track this contract, and see if it looks close enough or not.

Have a look at the following two chart examples, showing the FTSE 100 index (CFD) for 29/04/24.

Quite a difference?

I am not aware that you can trade the underlying market (a stock index in my case) directly. In case of trading the corresponding future contract through some exchange it would still be a derivative and not the actual product itself and so prices could differ between future brokers?

I don’t know much about trading CFD indices or futures. So far i mainly traded spot fx which is a OTC market and prices might differ from broker to broker a little but shouldn’t be much of a difference.

Now if you are a market maker operating a dealing deal like TD365 seems to be (otherwise how can they offer fixed spreads and guarantee fills even at large size) prices are set by the broker and not coming from a liquidity provider as TD365 told me after confronting them with the following two charts

FTSE 100 - 29/04/24 at 01:00 (TD365)

FTSE 100 - 29/04/24 (IG Markets)

 

[Dionysos]

I used to have a lot of respect for him, as he came across as genuine and transparent in his trading. However I have more of a mixed view about him now. It seems he's seeking attention and notoriety as a respectable trading guru, aspiring to be on par with Jesse Livermore, Richard Dennis etc, while disguising his ambitions as a passion for teaching and leaving a legacy.

Sadly, he has joined the ranks of other YouTube day trader gurus by posting his profitable trading streams under headlines like "£6,600 in 6 minutes!" He has also announced he will start sharing "trading signals" for a fee, both of which are big red flags for me.

Whether he receives a commission from TD365 for promoting them is unclear (he claims he doesn't), but it is well-known that his previous sidekick received kickbacks for signing up his followers with TD365 under a referral agreement.

On the positive side, he is as transparent as you’re gonna get about a day trader’s trades, PnL, trading systems and psychology. He also does freely share a lot of meaningful reading materials on trading.

 

[Noizy]

I used to have a lot of respect for him, as he came across as genuine and transparent in his trading. However I have more of a mixed view about him now.

Yes, that's how I see it too. Good contribution.

After taking a closer look, the broker (TD365) also makes a rather questionable impression to me.

 

[Dionysos]

I used to have a lot of respect for him, as he came across as genuine and transparent in his trading. However I have more of a mixed view about him now. It seems he's seeking attention and notoriety as a respectable trading guru, aspiring to be on par with Jesse Livermore, Richard Dennis etc, while disguising his ambitions as a passion for teaching and leaving a legacy.

Sadly, he has joined the ranks of other YouTube day trader gurus by posting his profitable trading streams under headlines like "£6,600 in 6 minutes!" He has also announced he will start sharing "trading signals" for a fee, both of which are big red flags for me.

Whether he receives a commission from TD365 for promoting them is unclear (he claims he doesn't), but it is well-known that his previous sidekick received kickbacks for signing up his followers with TD365 under a referral agreement.

On the positive side, he is as transparent as you’re gonna get about a day trader’s trades, PnL, trading systems and psychology. He also does freely share a lot of meaningful reading materials on trading.

Update to the above post:

Tom Hougaard closed his live day trading channel last night.

Reason? He says he received several disturbing messages from followers after a recent losing streak.

Just part of the drama and attention seeking that comes with him imo.

My two cents: he'll be back after the holidays.

We’ll see…

 

[Noizy]

Update to the above post:

Tom Hougaard closed his live day trading channel last night.

We’ll see…

Maybe he should just let it go and concentrate on his own trading if he can't handle it. I wouldn't even bother reading other people's opinions. If you're successful you're the hero, if not it's all your fault. Always the same.