Best Loser Wins: Why Normal Thinking Never Wins the Trading Game - written by a high-stake day trader

Best Loser Wins is a book about how an ordinary trader elevated his game to incredible heights by focusing as much on his mental approach as on his technical analysis. It provides a unique and refreshingly personal account of how traders can think differently when trading and elevate their game from mediocre and sporadic to excellent and consistent.

Format: Paperback / softback
Publication date: 16 August 2022
Publisher: Harriman House Publishing

Best Loser Wins is a captivating exploration into the world of one of the most successful high-stakes retail traders globally. Tom Hougaard, the acclaimed winner of numerous trading competitions, has achieved remarkable feats, including turning £25,000 into over £1 million within a year. In contrast to the average retail trader who risks £10 per point in the underlying asset, Hougaard frequently takes risks of up to £3,500 per point. This exceptional risk exposure necessitates a mindset that goes beyond the ordinary. Conventional thinking yields ordinary results, and to attain exceptional outcomes, traders must adopt a different perspective. This book serves as a guiding and inspiring resource, unlike any other trading book available. It focuses not on strategies and money management but on mind management, a crucial aspect that often goes overlooked. Tom Hougaard offers a unique and deeply personal account of how an ordinary trader transformed his trading game to reach incredible heights by prioritizing his mental approach alongside technical analysis. Best Loser Wins elucidates how thinking differently when trading can elevate your performance from mediocre and sporadic to excellent and consistent. No amount of technical analysis alone can achieve this transformation. Hougaard asserts, "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 serves as an antidote to conventional and flawed thinking in trading, providing a blueprint for a new belief system that empowers traders to surpass their wildest expectations and achieve unprecedented results.

Weight: 412g
Dimension: 156 x 233 x 25 (mm)
ISBN-13: 9780857198228