In part 4 of Tom Hougaard’s Trading Psychology presentation, he discusses what we can do to differentiate ourselves from the “normal” when trading on the stock market.
He dives into our cognitive processes, with both the conscious and subconscious reasons we have for our actions when stock trading. Hougaard talks about writing his debut novel; why he chose to write it and the process behind it.
Hougaard critiques the attitude of taking a ‘half-profit’, then concludes this part by giving a 6-step mental foundation for profitable trading.
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► Check out the other parts of his presentation:
Part 1: https://www.youtube.com/watch?v=xoGOZD7-3gY&list=PLG-cFxyNs94VFAv_l_aW0lOpRxrCtPum6&index=2&t=0s
Part 2: https://www.youtube.com/watch?v=p0Tfs7VNp7s&list=PLG-cFxyNs94VFAv_l_aW0lOpRxrCtPum6&index=3&t=378s
Part 3: https://www.youtube.com/watch?v=4SzQimeHGjk&list=PLG-cFxyNs94VFAv_l_aW0lOpRxrCtPum6&index=4&t=0s
Part 5: https://www.youtube.com/watch?v=yXKSEz8ureA&list=PLG-cFxyNs94VFAv_l_aW0lOpRxrCtPum6&index=6&t=1432s
Part 6: https://www.youtube.com/watch?v=Gu8smLhXkuo&list=PLG-cFxyNs94VFAv_l_aW0lOpRxrCtPum6&index=7&t=1s
Part 7: https://www.youtube.com/watch?v=4MH9y03B2JM&list=PLG-cFxyNs94VFAv_l_aW0lOpRxrCtPum6&index=8&t=0s
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