Tom Hougaard’s also a great example for his work ethic. He claims to have printed thousands of charts for studying and annotation. He makes trading live look easy but that’s only because he’s put in the work, reading and discipline behind it. Even with all that he’s not immune to big losing streaks, which he’s very open about.
I like following him because he keeps it real and also like his views on certain authors and books (heard him cover Mark Douglas & Al Brooks briefly in a few videos). He’s got a 7-8 part video series (seminar with OptoCMC) on psychology that are a must watch and give more context to his live trading videos.
Yea, I’ve seen Douglas and Brooks mentioned here a lot. Especially Brooks about apparently his stuff can be hard to read. Maybe it’s from stock trading?
He trades futures mostly (the S&P E-mini). Atleast that’s where most of his posted charts were from. But his books are very, very difficult to digest:
Many rules
Appears to be very subjective at times
Have to turn over pages back and forth and even chapters at times to understand certain terminology he uses.
There are no numbers or quantifying anything he’s done, despite his claim of having a Bsc in Mathematics.
Just my humble opinion but his stuff is really advanced. As soon as I stopped reading his stuff I was immediately dismissive. But I believe I should re-read the book after a year or two, with added experience, to give it more context and then make a more objective assessment.
It’s focused on primarily crypto and equities trading, but should have overlap with forex. Watch some of the market structure videos and weekly updates where Trader Mayne goes over his trade setups and price analysis. You’ll definitely learn a thing or two. He’s been trading cryptos since at least 2014.
