3min chapter

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More) cover image

190: Tom Hougaard’s Cheat Code To 7 Figure “High Stake” Day Trading – Part 1/3

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)

CHAPTER

How to Be a Successful Day Trader

"It would be nice if 90% of my trades were winning trades but how much am I then losing on the losing trades what what that was what mattered to me and so this process which started about eight nine years ago is something that I do every single day" "I don't have stinkers like that anymore because I'm mentally prepared to nip them in the book," he says. "[Trading] follows the perrito principle that we will make 80 or 90% of our profits on those 20% of the trades of 10%. That make sense yeah they're my sins."

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