Why Every Trader Needs to Read Best Loser Wins

If you’re serious about trading—or any performance-driven pursuit—you need to stop chasing perfection and start getting good at one thing: losing.

That’s the bold premise behind Tom Hougaard’s Best Loser Wins, a brutally honest, deeply personal, and psychologically insightful book that flips the traditional success narrative on its head. Drawing from over a decade of experience in high-stakes trading and observing tens of thousands of retail traders, Hougaard reveals that the consistent winners aren’t the smartest or most technically proficient—they’re the ones who know how to handle pain, manage emotion, and embrace discomfort.

“In trading, unlike life, it’s the best loser that wins.”

This book is a must-read if you:

• Struggle with cutting losses or holding winners
• Let fear or hope dictate your decisions
• Want to reprogram your mind for high-performance in volatile environments

Hougaard isn’t selling signals or secret indicators—he’s teaching how to rewire your thinking. And it’s powerful.

If you’ve ever felt like your own mind was your biggest obstacle, Best Loser Wins is your playbook for flipping the switch.

👉 Buy Best Loser Wins on Amazon (affiliate link)

Also, don’t forget to check out our full list of Book Recommendations where we spotlight other transformative reads for traders, investors, and lifelong learners.