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Best Loser Wins: Why Normal Thinking Never Wins the Trading Game - written by a high-stake day trader
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'Teaches you the truth about trading and an understanding of difference between winners and losers' – Jack Schwager, author of the Market Wizards series
What if the secret to trading success isn't better analysis – but a radically different mindset?
Best Loser Wins is an intimate insight into one of the most prolific high-stake retail traders in the world. Tom Hougaard is the winner of multiple trading competitions and on one occasion traded £25,000 into more than £1 million over the course of a year.
While the average retail trader risks £10 per point in the underlying asset, Tom frequently risks up to £3,500 per point. This risk exposure requires a mindset that is out of the ordinary.
A unique and refreshingly personal account of how Tom elevated his trading game to incredible heights, Best Loser Wins will guide and inspire you in ways no other finance book has before. It is not about technical analysis strategies and money management – it is about mind management. You'll learn:
- How to elevate your game from mediocre and sporadic, to excellent and consistent
- How to overcome conventional and flawed thinking in trading
- A blueprint for a new belief system
Best Loser Wins is an antidote to outdated trading advice.
Normal thinking leads to normal results. For exceptional results, traders must think differently.
'People don't fail because they don't know enough about technical analysis. They fail because they don't understand what the markets are doing to their minds.' – Tom Hougaard
- Print length264 pages
- LanguageEnglish
- PublisherHarriman House
- Publication dateAugust 16, 2022
- Reading age18 years and up
- Dimensions5.95 x 0.6 x 8.95 inches
- ISBN-10085719822X
- ISBN-13978-0857198228
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From the Publisher
Editorial Reviews
Review
“Best Loser Wins won’t provide you with a method for beating the markets – nor does it purport to. What it will do is teach you truths about trading and an understanding of the difference between winners and losers – and if you don’t understand why that is more important, then you really need to read this book.” ―Jack Schwager, author of the Market Wizards series
“I would highly recommend this book to any trader who is serious about mastering their craft, and mastering themselves.” ―Steve Ward, High Performance coach, consultant, speaker and author of High Performance Trading
“An assassin showing you how he gets ready for his next hit.” ―Larry Pesavento, founder and owner of Trading Tutor
About the Author
Tom Hougaard studied economics and finance at two universities in the United Kingdom, and then went on to work for JPMorgan Chase, before spending the next ten years in the City of London as a Chief Market Strategist for a CFD broker. He has given thousands of TV and radio interviews on the state of the market, as well as educating tens of thousands of clients on trading strategies. Since 2009 he has traded for himself.
The author of Best Loser Wins, Tom has also self-published several works on trading psychology, price action and product knowledge.
You can follow Tom's trading via Telegram and YouTube.
Product details
- Publisher : Harriman House
- Publication date : August 16, 2022
- Language : English
- Print length : 264 pages
- ISBN-10 : 085719822X
- ISBN-13 : 978-0857198228
- Reading age : 18 years and up
- Dimensions : 5.95 x 0.6 x 8.95 inches
- Best Sellers Rank: #8,844 in Books (See Top 100 in Books)
- Customer Reviews:
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