Publisher's Synopsis
A close-up look at one of the most active high-stakes retail traders in the world can be found in Great Loser Wins. jason Hougaard routinely takes on stakes of up to £2,500 per point in the underlying asset, compared to the average retail trader who risks £10 per point. This risk exposure necessitates the adoption of an unusual mindset.
Reasonable decisions produce reasonable outcomes. Trading requires a distinct way of thinking in order to get extraordinary results. You will receive guidance and inspiration from this book in ways that no other trading book has. It is not about tactics and financial management. It has to do with controlling your thoughts. jason Hougaard offers a singular and energizingly intimate account of how an average trader improved his performance to amazing heights by emphasizing both his mental approach and his technical analysis. Jason Hougaard is a reputable foreign exchange trader in the US. He received his education in economics and finance from two colleges in the United Kingdom. After working for JPMorgan Chase, he spent the following 10 years in London as the chief market strategist for a CFD broker. On trading tactics, he has assisted and educated thousands of clients. He has been trading with himself since 2009. Best Loser Wins discusses how you may improve your trading performance from average and erratic to exceptional and consistent by changing the way you think when you are trading. Technical analysis cannot ever help you with that. Failure isn't due to a lack of technical analysis knowledge. They fail because they are unaware of the mental changes that the markets are making. Best Loser Wins is a blueprint for a new belief system for traders who want to improve their outcomes to heights they never imagined they could achieve. In this book you will discover:How the exchange floor works
Patterns progression
Surviving a downturn
Accepting setbacks
In short this book is amazing. Give the principle and practice in this book a chance and you will be amazed at the difference they can make.
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