Best Loser Wins: Why Normal Thinking Never Wins the Trading Game (Unabridged)
-
- $17.99
-
- $17.99
Publisher Description
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 Hougaard frequently risks up to £3,500 per point. This risk exposure requires a mindset that is out of the ordinary. Normal thinking leads to normal results. For exceptional results, traders must think differently.
This book will guide and inspire you in ways no other trading book has. It is not about strategies and money management. It is about mind management. Tom Hougaard provides a unique and refreshingly personal account of how an ordinary trader elevated his game to incredible heights by focusing as much on his mental approach as on his technical analysis.
Best Loser Wins explains how you, by thinking differently when you are trading, can elevate your game from mediocre and sporadic, to excellent and consistent. No amount of technical analysis will ever do that for you.
Tom Hougaard says, “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.” Best Loser Wins is an antidote to conventional and flawed thinking in trading, and a blueprint for a new belief system for traders who want to elevate their results to levels they never dreamed they could reach.
Customer Reviews
Best book on trading
This is by far the best book on trading I have read. I have learned so much about myself and all the trading mistakes I have made, I wish I read this book earlier to have avoided all the mistakes in the past. My trading will never be the same again.
Great book for traders
Tom made me realize I was thinking wrong about trading. I used to think “where am I going to scale out”, but he made me change that to “where am I going to add”. There’s so many good mind shifts in this book. I think this book and “Trading in the zone” are must reads.
I’ll read this again several times for sure
This is a solid book.