Tom Hougaard: Biography, Career, and Business Insights

Tom Hougaard’s Profile Summary

Company	Self-employed
Position	Independent High-Stakes Day Trader.
Source of wealth	Profits from personal day trading, live trading room services, book sales
Also known as	Author, educator, trading psychologist
Age	56
Education	University of London – BA in Economics and Finance, MSc in Economics
Citizenship	Denmark
Residence	London, United Kingdom
Family	No publicly available details about his family.
Website, Social Media	https://tradertom.com/ https://x.com/tomhougaard

Tom Hougaard’s biography

Tom Hougaard is a Danish-born, high-stakes day trader and market strategist known for his aggressive trading style and psychological approach to the markets. Born in Denmark in 1969, he moved to the United Kingdom in 1992, where he completed his education in Economics and Finance.

After working at Chase Manhattan Bank, Hougaard transitioned into the world of trading, eventually becoming the Chief Market Strategist at City Index, a brokerage firm in London. In 2009, he left institutional trading to trade independently, managing his personal portfolios.

His trading career spans both bull and bear markets, and he has a reputation for making bold, large-size trades while maintaining composure. Tom is also an educator and the author of Best Loser Wins, a book that explores the mindset and discipline required to succeed in high-stakes trading. He is known for conducting webinars, live trading sessions, and sharing insights on his website, TraderTom.com, where he offers a blend of technical analysis and trading psychology

How did Tom Hougaard make money?

Tom Hougaard makes money in the following areas:

Profits from personal day trading, live trading room services, book sales
What is Tom Hougaard net worth?

As of 2025, there is no publicly available and reliable information regarding Tom Hougaard’s net worth.

What is Tom Hougaard also known as?

Tom Hougaard has gained recognition as an author of the widely regarded book Best Loser Wins, which delves into the psychological aspects of trading and the mindset required for success. He is also an educator, offering numerous webinars, articles, and live trading sessions to help others navigate the complexities of the financial markets. His focus on trading psychology has made him a sought-after speaker and mentor, emphasizing the mental fortitude required to manage risk and overcome emotional pitfalls in trading

Prominent achievements of Tom Hougaard

Authored the best-selling book Best Loser Wins, successfully transitioned from institutional trading to high-stakes independent day trading, recognized for his psychological approach to trading, frequent speaker at international trading forums

What are Tom Hougaard’s key insights?

Tom Hougaard emphasizes psychological mastery over technical analysis, believing that a trader's success lies in their ability to manage emotions, especially under pressure. His philosophy revolves around embracing losses as part of the learning process, focusing on risk management, and cutting losses quickly to stay profitable in volatile markets

Tom Hougaard’s personal life

Detailed information about Tom Hougaard's family is not available as he keeps his personal life private.

Useful insights

Advanced strategies for stock and Forex traders

As you progress in your trading journey, it is important to explore more advanced strategies. These books dive deeper into technical analysis and trading psychology, helping traders improve their edge.

John Bollinger – "Bollinger on Bollinger Bands"
- Summary:
  
  Bollinger, the creator of Bollinger Bands, provides an in-depth explanation of how to use this technical indicator to measure market volatility and identify trading opportunities. The book includes detailed examples of how Bollinger Bands can be applied in various market conditions.
- Why read it:
  
  Understanding how to use technical indicators like Bollinger Bands is crucial for identifying market trends and making informed decisions. This book is essential for traders looking to master volatility-based strategies.
Al Brooks – "Trading Price Action Trends"
- Summary:
  
  Brooks focuses on price action trading, a strategy that relies on interpreting raw price movements without the use of lagging indicators. His book teaches how to read price charts, identify trends, and use support and resistance levels effectively.
- Why read it:
  
  As one of the purest forms of technical analysis, price action trading can significantly enhance a trader's ability to react to market movements. Traders seeking a deeper understanding of market behavior will find Brooks' insights invaluable.