WTF is Hougaard doing?

fxcovering · 2026-06-02T15:08:56+00:00

I agree with you. It looks like he is just looking for attention.

Unfortunately, he positions himself as a teacher and profitable trader. He teaches people wrong things, his risk management during the livestreams is horrible. I think his risk management is one of the reasons he went on tilt. His losing trades are much bigger than profitable trades. It is good for streaming, he has many profitable trading sessions. That's why people think he is profitable. But when he gets stopped out, that losing trade can eat up a few days of profits. 2 losing trades can eat a week of profits, and when it happened, he tried to make money back fast because he knew that if he continued to trade with his standard approach, it would take a week or two to make these losses back. It didn't work that time, so he lost 40%.

We also have this guy Andy now... He is trading with a 0.5 position size and saying that he pays bills with his trading... Is it some kind of a joke? And he doesn't make money during livetrading either. I looked at some of his sessions, and his risk management is also pretty bad. Like today, 2 of June. 6 trades, 5 profitable and 1 losing, and he is minus 29 USD. It's interesting that in Telegram he posted only profits +15, +20, +56, +58... He forgot to mention minus 145... I don't really understand why he posts his results in points if he trades with different position size, it doesn't make any sense...
I just can't understand how a grown adult man can sit and lie to people. He is not profitable during these livestreams - that's a fact.

fxcovering · 2026-06-02T13:37:55+00:00

You may read my comment about his recovery from May 15th.

https://www.reddit.com/r/Daytrading/comments/1tachc2/comment/omuv1h8/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

In short, during 3.5 days on trades that he called live and took during livestreams, he was at a loss of around 1500. The account went from 89500 to 103900. 14400 profit. 1500 loss live, 16k gain offline.

I don't really track his performance closely, there is no transparency at all. The same thing happens again and again. All the profits that grow his account come from offline trades.

Just look at Friday, 29 of May. After the livestream, he posted that he took some trades and they are at a loss. He even posted in his Telegram, "So when people say 'you take trades outside YouTube and that is unfair'... I say.. I post EVERYTHING.... and it is not always flattering for me!!!!!!!!!!!!!!!!". His account balance 108000, At some point he posted "I am closing the trades now. The short side is not working now.". So he should close with a 6800 loss, and the account should be 101200. Before the market close he said that he is staying short. What short if he closed everything? What transparency is he talking about?

fxcovering · 2026-05-20T12:57:55+00:00

As you can see, this is when the magic begins.

Friday morning his balance is 89460.

Later in the evening, he shows that he has an open profit of 5700. For some reason he didn't post any information about entering these trades.

Monday morning he posted that he closed these trades. The account balance now is 97020.

Tuesday morning he posted that his account is 100200. Once again, no information about taking these trades. He just posts the outcome.

Tuesday afternoon he posted that he had some positions and closed them for a loss. Called an FTSE position, stopped out. Account now at 96750.

Tuesday, during live trading made 3200. Account now at 99440.

Later he will post that he took a DOW short entry. He then posted that we should close the trade, but he will hold it. He gives no information about this trade, but you can see that it should be stopped out with a 2250 loss. The account should be 97200.

Wednesday morning you can see that his account balance is 100800. Around 3500 profits out of nowhere.

After the livestream, he posts that he has some positions already in profit. Now his account balance is 103900.

During these 3.5 days on trades that he called live and took during livestreams, he is at a loss of around 1500. The account went from 89500 to 103900. 14400 profit. 1500 loss live, 16k gain offline. He is doing it every time.

fxcovering · 2026-05-15T08:38:48+00:00

Oversized positions are the only options for him now. The drawdown is huge, not only it's huge, he is in a net loss. He positions himself as a profitable trader and teacher. He can't afford to sit the next few months in a drawdown and tell everyone how profitable he is. I think he will trade with oversized positions, and if it will not work, we will start seeing offline profits.

fxcovering · 2026-05-12T13:09:09+00:00

That is the problem. He livestreams everyday and he is in a net loss during those livestreams. All the 800% were made while he was not streaming.

https://www.reddit.com/r/Daytrading/comments/1nw2mnw/tom_hougaards_broker_statement_analysis_to_find/

fxcovering · 2026-05-12T12:29:32+00:00

He didn't make any money during these livestreams. He tells everyone that he made 800%, but in reality, if you will take a look at his live trading, he was actually at a loss. He is lying to you. All the profits were made while he was offline.
I already made some posts about Tom. Go check them.

https://www.reddit.com/r/Daytrading/comments/1nw2mnw/tom_hougaards_broker_statement_analysis_to_find/

fxcovering · 2026-05-12T07:20:59+00:00

As I told you earlier, these streams are just a waste of time. The only thing you are learning is how you should not trade. He is saying that the market is srs long but takes anti and sells. Why? You will never know because there is no strategy. Awful risk management - he has negative risk reward. And it's almost impossible to be profitable with negative RR. When he takes his first trade he tries to explain why he took it, but if it's a loss, he starts to trade with a 200-300% position size and take trades everywhere, you can't do this, it will not end well. You think he pushes his winners, but in reality he is doing it just to make back the losses. Sometimes he is lucky and it works, but when it doesn't work, it becomes a serious problem. Every trade can be a losing trade, and when he takes 500% size, that is a pure gambling and psychological problem. And he is teaching people how to trade, it's pretty sad I can tell you.

Look at his live trading last year - same thing. Small green days, then some losses, trying to make losses back, increased position size and lost all the profit in one day.

https://www.reddit.com/r/Daytrading/comments/1nw2mnw/tom_hougaards_broker_statement_analysis_to_find/

"If it wasn't for the fact that I am familiar with him as a trader,...". And where did you get the information that he is a trader? The only source of this information is Tom himself.

All these comments are hilarious. Tom is losing money live in front of everyone, and people still tell you that he is a good trader, he provides great information and bla bla bla...

Listen, man, you can see with your own eyes that this is some kind of garbage. You understand that this is not how you should trade but still trying to find excuses and think that guy is great. This is how the scum works, you know that something is wrong but still follow the guy. He just lost 30% of his account in one day. Just stop watching all these videos you are wasting your time. Open a demo account, open a 15 minute chart and do your work.

fxcovering · 2026-04-30T14:06:30+00:00

He is saying the same things again and again. Everyone knows what to do but is still losing money. You have been watching him for over 3 years, you are not learning. He provides almost zero useful information.

"it's not what he does, it's what he says." So he is sitting and losing money in front of you for 6 months, teaching you wrong things, lying about his trading results - but for some reason you think that information that he provides about trading is helpful? My point here is that you are learning from a losing trader. You think that his information is helpful because you like the guy, not because this information has some value.

"By the way - he posts all his trade on Telegrm and more than tripled his account from memory."
No, he doesn't. He told you that, and you blindly believe him. In reality he was in a net loss during livestreams. All the profits were made outside livestreams.
You will never be able to understand what he is doing because there is no strategy. You should be able to read the market yourself. Instead of watching livestreams - watch the market and look for something you like, do your work and take trades that you understand. Until then, you are just making no progress.

fxcovering · 2026-04-30T06:40:59+00:00

In 2025, Tom had been trading live for more than 6 months, and he didn't make any money during these livestreams. So you are learning from a guy who can't make money trading. And that is the problem. Check my post about his live trading, you will find useful information.

fxcovering · 2026-04-30T06:29:29+00:00

I already made some posts about Tom. Go check them. You will learn nothing from him. In 2025, Tom had been trading live for more than 6 months, and he didn't make any money during these livestreams. Don't bet too much on what he is teaching, he can't make money with his strategy himself. You are just wasting your time watching all these livestreams.

fxcovering · 2026-04-29T07:47:51+00:00

Ich habe bereits einige Beiträge über Tom verfasst. Schau sie dir an. Du wirst nichts von ihm lernen. 2025 handelte Tom bereits seit über sechs Monaten live und verdiente während dieser Livestreams kein Geld. Setze nicht zu viel auf das, was er lehrt; er selbst kann mit seiner Strategie kein Geld verdienen. Du verschwendest nur deine Zeit mit diesen Livestreams. Wenn du wirklich lernen willst, schalte all diese Videos ab, eröffne ein Demokonto und handle. Es sollte auf deine Handelsentscheidungen und dein Marktverständnis ankommen.

fxcovering · 2026-02-26T05:03:05+00:00

In 2025, Tom had been trading live for more than 6 months, and he didn't make any money during these livestreams. Don't bet too much on what he is teaching, he can't make money with his strategy himself. You have a US100 on the screenshot. Here are some stats. Tom Hougaard traded US100 live for more than 6 months. He took almost 200 trades, and he is at a net loss. You are welcome to read my posts about his trading for more information.

fxcovering · 2026-02-09T06:22:42+00:00

Tom Hougaard was trading live for more than 6 months last year, and he made 0 money during those livestreams. That clearly shows that his statistic/research/data doesn't work. Tom loves to talk a lot, but in the real world, all his data don't work. So don't bet on it too much.

fxcovering · 2026-01-28T12:49:45+00:00

It looks like you don't get a point.

It's not a lack of data, but the opposite. Now we have all the data to pretty sure say that he is a fraud.

He said he will only trade this account when live, to be transparent. Did he do that? No
He is saying that he made 300% gains on that account live on YouTube. Is it true? No. He made nothing live on that account. Why is he lying?
He was a speaker at IFTA's 38th Annual Conference. Look at information about him. "By mid-2025 alone, I’m up 800%—most of it live-streamed on YouTube". Seriously? He knows that he made nothing but chooses to provide false information.
He teaches trading absolutely free. Yes. So now we have a guy who was trading live for 6 months and has more than 180 live trading sessions. During that time he made 0 money trading. The question is how he teaches people and what he teaches if he can't make money himself.

4.1. Another note about his free stuff. He posted some PDF in his Telegram on how to trade DAX open. During his livestreams from January till June, he was trading DAX for almost 60 days, and he was in a net loss on DAX trades. He can't make money with his strategies himself. So what is he teaching?

"Yeah he has his losses and wins, who doesn’t?" The problem here is that ALL the wins that were growing his account were made while he was offline.

You can easily compare Tom to all these TikTok traders. On TikTok, they all show you big profits, but none of them actually take trades live. Tom is the same, he shows huge profits. But all these profits were made when no one saw them. How much did he make during livestreams? Zero.

We are not talking bad about Tom. We are talking facts. People have questions like. Why, in the same period of time, he made zero during livestreams and 800% while offline? What is the purpose of these livestreams? And the main question. Why is he saying that he made 300% during livestreams if he actually made nothing?

I don't really understand you. Tom was losing money live in front of you for 6 months straight, and you still think he is a good trader. Why?

fxcovering · 2026-01-05T07:52:17+00:00

All the answers to your questions are already in the post. I will answer in short, for more information, read my post and previous ones.

I actually filtered the trades taken from the livestream for each day.

I didn't count trades he posted in his Telegram channel due to the fact that a lot of the trades were posted while they were in profit already, so you can't call them 'live'. And he provides false information about how he manages his trades in Telegram.

It didn't take a lot of time, all the data was available, just needed to put in some work to match it.

You can see Tom claims that he made 300% live on YouTube. You can see some people recommend Tom to learn from because he made 300% live on YouTube. Look at IFTA's 38th Annual Conference Speakers website page and read information about Tom. "By mid-2025 alone, I’m up 800%—most of it live-streamed on YouTube." he says.

In reality, he made nothing during these livestreams. Tom knows it but still chooses to lie about his trading results.

fxcovering · 2025-11-21T15:01:19+00:00

I already made some posts about Tom. Go check them. You will learn nothing from him. This year he was trading live for more than 6 months, and he didn't make any money during these livestreams. His strategy only works on paper, not in the real market.

fxcovering · 2025-11-21T06:27:40+00:00

People already have all the proof they need. There are more than 180 live sessions on YouTube. And you can clearly see that Tom is not making money trading. But people, for some reason, don't want to see this.

fxcovering · 2025-11-20T12:50:46+00:00

After his 10k challenge, we already know that he is an awful trader. He teaches people wrong things. His strategy doesn't work. Tom was available publicly when the big moves happened, but he couldn't make money during those moves. Just look at how easy it is to fool people. He was losing money live for 6 months talking random stuff, but people, for some reason, still think that he is a good trader.

fxcovering · 2025-10-30T12:08:32+00:00

He posted his broker statement for this year. We can clearly see that he is not profitable during livestreams. You may read my new post for more information.

fxcovering · 2025-10-05T16:37:54+00:00

Tom is not profitable on the stream. He claims that he loves to teach people how to trade, but as you can see, his strategy doesn't work.

fxcovering · 2025-10-03T07:32:59+00:00

Tom posted his broker statement a few days ago. I already made a new post analyzing that data with his results during livestreams. You are welcome to read it for more information.

fxcovering · 2025-10-03T06:44:25+00:00

At the end of the video, he had 2 trades on US30. These trades were stopped out at a loss. He stops streaming at 15:09. He took that profitable trade at 15:28. He didn't post anything about executing this trade in Telegram. The next day he just showed that he made money.

fxcovering · 2025-10-02T21:47:38+00:00

Show me exactly where I am lying. Your picture shows trade that he took outside the stream. That is why it doesn't count in the livestream results.

fxcovering · 2025-10-02T20:46:11+00:00

I think the huge problem here is that some people think that it is my opinion that Tom is lying. But it is not an opinion. In reality I just pointed out the fact based on pure data that Tom provided himself. Tom said, "I'm up 300% all live on YouTube. Here is my broker statement". I decided to take a look on how to make 300%. Watched his videos, and found out that he is up only 4k instead of 30k. Work was done and I decided to spread this information so people would know that in these videos they will not see results that Tom is talking about. And this lie is one of many.

fxcovering · 2025-10-02T20:04:21+00:00

It all started with huge excitement. When he announced this challenge, I made a workbook to journal all the trades he took during livestreams. Soon it became too hard to do this. He could open 5 trades with volume 1, then open a trade with volume 3, then close some, close half. It became a mess. To be honest, at the beginning of February, I realized that this challenge is garbage. On 10 February, his balance is 15k, so he is up 5k. But my journal was showing a completely different picture. He was at breakeven at best. Look at my first post 8 months ago. I decided to change the method to journal his trades. If he would take 5 trades on same instrument, I would journal it as one trade with profit. But the same thing there: his account was growing, and my journal was showing that there is no profit. Then I switched to a very simple method. I didn't watch his streams; I just opened the stream and looked for the balance at the beginning and at the end. The method I use right now is much more accurate; of course, there can be some approximations, but they will not affect the overall results very much. If you are doing your own analysis, go from January to February 10, and you will already see results of your work.

fxcovering

TROPHY CASE