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

Format:

Book

Author/Creator:

Hougaard, Tom, author.

Language:

English

Subjects (All):

Day trading (Securities).

Risk-return relationships.

Physical Description:

1 online resource (198 pages)

Edition:

First edition.

Place of Publication:

Petersfield, Hampshire, England : Harriman House Ltd, 2022.

Summary:

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 the equivalent of 30,000 into more than 1.3 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.

Contents:

Intro

Title

Copyright

Dedication

Contents

Dear Markets

Preface

Introduction

Liar's Poker

The Trading Floor

Everyone Is a Chart Expert

The Curse of Patterns

Fighting My Humanness

Disgust

The Drifter Mind

Trading Through a Slump

Embracing Failure

Best Loser Wins

The Ideal Mindset

About the Author.

Notes:

Description based on print version record.

ISBN:

9780857198235

0857198238