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Best Loser Wins
- Why Normal Thinking Never Wins the Trading Game
- Narrated by: Richard Faymonville
- Length: 6 hrs and 48 mins
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Publisher's 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 £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.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
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- Philip Whittle
- 29-11-2023
Tom knows. Loved it.
Fantastic book. Best ever book on trading. It’s all a mental game. That’s requires mastering
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- Anonymous User
- 11-12-2023
Being a better trader starts with you
Tom really digs in to the things that really matter about making you a consistent and profitable trader. Mindset is everything and he shows you how to build strength in your mind to get you through the losers and ride the winners. Has impacted my trading positively 100%
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- Andrew C
- 01-02-2024
Value
I had some concern after the first chapter. This turned out to be a gritty natured listen.. with a lot of ideas that are about focus and work. Still inclusive of mind set and some obvious overlaps to the great M. Douglas. Well worth the listen for the feel that you are left with in relationship to effort and determination ..
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- Muhib Ahmed
- 27-09-2022
A very unique book, must read for any trader
This is one of the finest trading psychology book, Tom knows what he is talking about, any trader will be able to relate to the situation. Super thumbs up 👍
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- Jimmy
- 02-11-2022
Fear the losers admire the winners
When your in a losing trade he tendency is to hold on and hope. When your in a winner you want to cut it short and bank your profits. This book will help you understand why this approach will lead to a short trading career.
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- Anonymous User
- 31-12-2022
One of the best out there
A must read for people who need to make decisions under pressure. Great book. Thanks.
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- Aaron
- 22-01-2023
Must listen....
And every time you do listen, practice and reflect on, something else clicks into place.
This is right up there with the best.
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- Jason Stevenson
- 09-04-2024
Brilliant book - must read
If you read one trading book in your life, let this be it. 100% recommend.
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- J.Mirella
- 08-01-2023
the mindset not the profit
well told, love the opening, this is not a how to make money book. it is a how to correct your ways in trading.
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- Chris Scott-Orr
- 27-11-2022
Destined to be a classic
This book is different. It’s a step up from the classic Trading in the Zone. It’s raw and it helps experienced traders look deep inside themselves - at what matters - which isn’t so much charts and PE ratios, but feelings and the behaviour they engender.
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