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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 GBP25,000 into more than GBP1 million over the course of a
year. While the average retail trader risks GBP10 per point in the
underlying asset, Tom Hougaard frequently risks up to GBP3,500 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.
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