Day Trading: Tom Hougaard - Inside The Mind Of A High Stakes Day Trader

The Dow swings 100 pts in a heartbeat these days. Navigating the price oscillations and liquidity spikes is a challenging business at the best of times.

Now imagine you’re in a trade where every point the Dow swings, you make or lose £3,000.

Every tick…. Blink and that’s £12k.

Dare to go to the bathroom? That could be a £150k toilet break!

That’s the life of day trader Tom Hougaard.

Known for swinging a big line, he has cultivated the mindset required to deal with trading large size on a short timeframe.

In this episode Tom and I discuss a wide range of topics including:

• How he trades aggressively and yet still manages to remain calm
• His techniques for adding to winners
• How to deal with large size (> £3,000pp/680 lots)
• The art of cutting losing trades quickly
• Reducing impulsive trades
• Building the inverse habits of losing traders
• And so much more

Ready to be fire hosed with tactical advice and inspiration?!

Then sit back, grab your notepad and check out this week’s podcast episode with Mr Tom Hougaard the high-stakes day trader.

Tom can be found at https://tradertom.com/

His book “Best Loser Wins” can be ordered from Harriman House or from Mr. Bezos.

PS: If you enjoy the podcast, a review or star rating would be appreciated. (Spotify have this nailed, an easy, quick, two-tap anonymous star rating. Apple is still asking for essays!)