Best Loser Wins

Best Loser Wins offers an intimate glimpse into the life of one of the world's most productive high-risk retail traders. Tom Hougaard is a winner of multiple trading competitions and once turned the equivalent of $30,000 into over $1.3 million within a year. While the average retail trader risks $10 per point on the underlying asset, Tom Hougaard often risks up to $3,500 per point. This willingness to take risks requires an extraordinary mindset. Normal thinking leads to normal results. To achieve extraordinary results, traders must think differently. This book will guide and inspire you in a way that no other trading book can. It’s not about strategies and money management; it’s about managing the mind. 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 can elevate your trading game from mediocre and sporadic to excellent and consistent through different thinking. No amount of technical analysis will ever do that for you. Tom Hougaard states, "People do not fail because they do not know enough about technical analysis." 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 a level they never dared to dream they could achieve.