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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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- Narrated by: Kaleo Griffith
- Length: 7 hrs and 57 mins
- Unabridged
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Overall
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Performance
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Story
Douglas uncovers the underlying reasons for lack of consistency and helps traders overcome the ingrained mental habits that cost them money. He takes on the myths of the market and exposes them one by one teaching traders to look beyond random outcomes, to understand the true realities of risk, and to be comfortable with the "probabilities" of market movement that governs all market speculation.
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Disappointed given the stellar reviews I've read.
- By Amazon Customer on 05-01-19
By: Mark Douglas
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Charlie Munger
- The Complete Investor
- By: Tren Griffin
- Narrated by: Fred Stella
- Length: 6 hrs and 21 mins
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Charlie Munger, Berkshire Hathaway's visionary vice chairman and Warren Buffett's indispensable financial partner, has outperformed market indexes again and again, and he believes any investor can do the same. His notion of "elementary, worldly wisdom" - a set of interdisciplinary mental models involving economics, business, psychology, ethics, and management - allows him to keep his emotions out of his investments and avoid the common pitfalls of bad judgment.
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Good, but... one major annoyance
- By Joseph R. Compton on 02-26-16
By: Tren Griffin
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How to Quit Your Day Job and Live Out Your Dreams
- A Guide to Transforming Your Career
- By: Kenneth Atchity
- Narrated by: Bryan Bendle
- Length: 6 hrs and 20 mins
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Overall
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Learn to let go and achieve the life you’ve always dreamed of! Are you a creative person seeking more satisfying work? Do you want to make the transition from a job you find secure but soulless to a life built around your creative dream? Then look no further than this essential guide, written by a tenured professor who quit his job and pursued his dream as a successful "story merchant" and film producer.
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Not satisfied
- By Frank Kasati on 12-30-22
By: Kenneth Atchity
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Take the Stairs
- 7 Steps to Achieving True Success
- By: Rory Vaden
- Narrated by: Rory Vaden
- Length: 4 hrs and 5 mins
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Overall
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Performance
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Story
Do you ride the escalator or do you take the stairs? No matter how you define success, it always requires one thing: self-discipline. But as popular speaker and strategist Rory Vaden explains, we live in an "escalator world", one that's filled with shortcuts, quick fixes, and distractions that make it all too easy to slide into procrastination, compromise, and mediocrity. What seems like an easier path is really much harder in the end - and, most important, it won't take you where you want to go.
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Another idiotic self help book
- By Aaron B on 04-29-13
By: Rory Vaden
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100 Ways to Create Wealth
- By: Sam Beckford, Steve Chandler
- Narrated by: Steve Chandler
- Length: 8 hrs and 36 mins
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These 100 eye-opening ways to create wealth are drawn from the author's successful careers, with many touching personal stories as well as stories and examples from the hundreds of clients these master coaches have advised. This book is chock full of ways to make money, deepen life's pleasure, increase personal wage-earning power, and start fresh entrepreneurial ideas right at home.
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A MUST HAVE!
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By: Sam Beckford, and others
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Inner Voice
- Unlock Your Purpose and Passion
- By: Russ Whitney
- Narrated by: Victor Bevine
- Length: 4 hrs and 54 mins
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Inner Voice: Unlock Your Purpose and Passion tells the story of how one man's struggle to find the true meaning of life evolved into a worldwide movement known as Inner Voice. Internationally recognized businessman, financial expert, and real-estate icon Russ Whitney spent five years and 20,000 hours researching and developing this program. It is built on simple yet powerful principles and strategies that guide listeners to identify their purpose.
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How to manual on how to become a better person.
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By: Russ Whitney
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The Plateau Effect
- Getting From Stuck to Success
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The Plateau Effect is a powerful law of nature that affects everyone. Learn to identify plateaus and break through any stagnancy in your life - from diet and exercise, to work, to relationships. The Plateau Effect shows how athletes, scientists, therapists, companies, and musicians around the world are learning to break through their plateau - to turn off the forces that cause people to “get used to” things - and turn on human potential and happiness in ways that seemed impossible.
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Heath
- By Oliver Nielsen on 07-22-13
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The Most Important Thing
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- By: Howard Marks
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Story
Howard Marks, the chairman and cofounder of Oaktree Capital Management, is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management profession, he is today sought out by the world's leading value investors, and his client memos brim with insightful commentary and a time-tested, fundamental philosophy. The Most Important Thing explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career.
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Five Star Book, two Star Audiobook
- By Johnny on 06-08-15
By: Howard Marks
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Hedgehogging
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Rare is the opportunity to chat with a legendary figure and hear the unvarnished truth about what really goes on behind the scenes. Step inside the world of Wall Street with Barton Biggs as he discusses investing in general, hedge funds in particular, and how he has learned to find and profit from the best moneymaking opportunities in an eat-what-you-kill, cutthroat investment world.
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HedgeHotDogging
- By Bob on 10-01-06
By: Barton Biggs
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Sales EQ
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The sales profession is in the midst of a perfect storm. Buyers have more power - more information, more at stake, and more control over the sales process - than any time in history. Technology is bringing disruptive change at an ever-increasing pace, creating fear and uncertainty that leaves buyers clinging to the status quo.
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Effective Approach to EQ Sales Mastery
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The Spark and the Grind
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Erik Wahl, a visual artist, speaker, and entrepreneur, helps us unite the yin and yang of creativity - the dynamic new ideas with the dogged effort. He shows why we won't get far if we rely on the spark without the grind or the grind without the spark. What the world really needs are the creators who can hold the two in balance. This audiobook offers surprising insights and practical advice about how to fan the sparks and make the grind more productive.
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Worth reading!
- By june d barnard on 06-01-18
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Brainblocks
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- By: Dr. Theo Tsaousides
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Brainblocks are the mental obstacles that keep people from achieving success, defined as setting, pursuing, and achieving a goal. Managing the brain is the solution to preventing mental blocks from interfering with achieving your goals.
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Not worth my time
- By John W. Bates on 11-03-15
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THIS IS NOW A NEW NARRATION
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Not bad, but there's better out there
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No accompanying pdf?
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In One Good Trade: Inside the Highly Competitive World of Proprietary Trading, author Mike Bellafiore shares the principles and techniques that have enabled him to navigate the most challenging of markets over the past twelve years. He explains how he has imparted those techniques to an elite desk of traders at the proprietary trading firm he co-founded. In doing so, he lifts the veil on the inner workings of his firm, shedding light on the challenges of prop trading and insight on why traders succeed or fail.
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What listeners say about Best Loser Wins
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Anonymous User
- 09-20-22
Thanks Tom
I don't know why you decided to pass on your experience and knowledge, but I'm grateful you did.
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1 person found this helpful
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- Amazon Customer
- 09-20-22
You do not need any other book to trade profitably
This book contains a wisdom which 80% of people not aware. Despite of knowing all of the technical analysis tools, one cannot be make profit without correct mindset & In the sea of books on technical analysis, this book provides methods to aquire that mindset. Terrific work by Tom hougaard.
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- tamarah
- 10-15-22
BEST TRADING BOOK EVER WRITTEN
Don’t read this until you’ve hit rock bottom. But when you’re frustrated enough, lost enough money and READY to hear this, it will be invaluable.
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- Heluvsme
- 11-19-22
A must read for every trader
A must read for every trader looking to become profitable and confident in a winning process.
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- Peter Thomas
- 08-17-22
The biggest change in my trading!
I am no stranger to Tom's work and have been following his telegram and YouTube videos for just over a year and his book is an excellent addition to the excellent information Tom shares.
So if I only just read this - how can it be the biggest change in my trading? A lot of what Tom discusses in the book is in his many YouTube videos. The fight of normal human behaviour vs excellent trader behaviour is what makes the difference and 90% of traders are not aware of the areas which damage them. Often this lack of performance leads to more systems, more technical analysis and more expensive courses. But there is another way...
Tom delivers every key focal point that traders struggling need to work on. Personally the shift in mindset has turned me from unprofitable to very profitable. I didn't change system or approach - I just worked on my inner behaviours.
This book is set out with a combination of Tom's shared experience, lessons and sharing his daily routines to retrain and refocus the mind on the correct trading mindset.
Seriously good stuff!! Thank you again.
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- George
- 08-26-22
Simply Amazing
Tom’s comprehension of the traders’ mindset and the competing mental and emotional forces that shape winners and losers is superb. This book has shaped my approach to trading.
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- Jessica Sheldon
- 12-15-22
Must read
Technicals are only ten percent of trading. The other 90% are your emotions. This isn’t about the 10%, it’s about the other 90% - mastering you.
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- Amazon Customer
- 01-24-23
A masterpiece
Finally the truth! Put all other books away and listen this one first and listen to it again and again and again.
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- Brian Guadarrama
- 07-28-23
Best trading book out there.
Picks your brain and makes you think and see things differently. This books shows a mental game of trading in order to get closer to profitability.
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- Anonymous User
- 09-22-23
Essential read after blowing up an account
This book is a game changer, everyone says “let your winners run”… this book explains why this is so difficult but also why is essential in order to be successful. I’ve only started to implement 20% of the key changes he points out and I can see the results, after reviewing my journal I realized that all my successful trades contained most of the important elements described in this book - this is a must read
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