Yeah, he is a Ledge. Learnt hell lot of things from him in spite of being miles away. The day I can trade like him, I might think about becoming a full time trader. The best part I like about him is his humbleness. He made millions, he worked for Prop farms as a trader, then went solo.
I remember, I had attended one of his live periscope session long back - where tells a story about a lady he worked with in prop farm. She was long on FTSE (big size) and FTSE was up and she wanted to book profit. So she click the square off button and nothing happens, so she did it 3-4 times, nothing happens, position still showing open. Then there was a sudden rate-cut decision and FTSE was up some 100 pips in matter of seconds and she was so happy that position is not closed. She tried 3-4 times again in between that spike and nothing happens, and FTSE was up some 200 pip by that time.
She called the broker and tell that I am up some 150k+ Pounds, can close my position, and the broker tells her - you are net short on FTSE. What happened in actual, she was squared off in her first attempt and due some software glitch, and it did not show on her terminal. And each subsequent clicks added net short positions as top up, on a monster FTSE.
Her Career Ended!!
Anything can happen to anyone. If Risk not managed. The uncertainty and Lady Luck. We need to respect that.
So even now, if someone asks Tom - how much will you make in next 5 years, his answer will be " I don't know if I will make money". To me, that’s an incredible quality, to remain humble even when people consider you as a legendary trader and never forget the fact - that market is unpredictable and anything can happen.