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

Learn to succeed in trading by mastering your mindset, with advice from a high-stakes trader. 'Teaches you the truth about trading and an understanding of difference between winners and losers' – Jack Schwager, author of the Market Wizards seriesWhat if the secret to trading success isn't better analysis – but a radically different mindset?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 frequently risks up to £3,500 per point. This risk exposure requires a mindset that is out of the ordinary.A unique and refreshingly personal account of how Tom elevated his trading game to incredible heights, Best Loser Wins will guide and inspire you in ways no other finance book has before. It is not about technical analysis strategies and money management – it is about mind management. You'll learn:- How to elevate your game from mediocre and sporadic, to excellent and consistent- How to overcome conventional and flawed thinking in trading- A blueprint for a new belief systemBest Loser Wins is an antidote to outdated trading advice.Normal thinking leads to normal results. For exceptional results, traders must think differently.'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.' – Tom Hougaard

Pagina's: 264, Paperback, Pan Macmillan