From
Everything
to Nothing
and Back
When I started writing Best Loser Wins, I had no intentions of writing a book. I wrote to myself. It was my way of auditing my journey as a day trader. I had spent 10 years on a trading floor, in an atmosphere of primal unfiltered undiluted uncensored shouting and screaming and burping and farting, with 3-4 weekly TV appearances on the global networks. I conduced at least 2 evening talks a week on trading, and I travelled all over the world giving talks and live trading. Then one day, from one day to the next, during the financial crisis of 2008-9, it all stopped. I walked in to work that morning, and 30 minutes later, I walked out, for the last time.
The silence was deafening. I had gone from being surrounded by noise and people, to being surrounded by the sound of the rain hitting the roof and the birds singing in the garden.
I had to reinvent myself, because I knew the time had come to trade independently.
It is easy to trade when someone bankrolls you. It is another thing when your bankroll is your life savings.
This 30 min talk is an intensive look at the transformation I underwent to navigate that period in my life, from being a well-paid star in the City of London, to being a nobody in my living room, with my only companion the charts ticking up and down.
Tom Hougaard
Tom Hougaard, geboren 1969 in Dänemark, ist ein international anerkannter High-Stakes-Daytrader, Autor und Trading-Psychologie-Experte. Nach seinem Studium der Wirtschaft und Finanzen (BSc, MSc) in Großbritannien arbeitete er bei JP Morgan Chase und wurde Chief Market Strategist bei City Index, wo er regelmäßig in Medien auftrat und wöchentliche Trading-Talks hielt.
Während der Finanzkrise 2008/2009 verließ er die Institutionelle Welt – von lauter Trading-Floor-Chaos zu stiller Unabhängigkeit mit eigenen Ersparnissen als Kapital. Sein Buch "Best Loser Wins" entstand aus privaten Notizen und wurde ein Bestseller über mentale Stärke und Verlustakzeptanz im Trading