The Best Loser Wins

Big ideas from the book by high-stakes trader Tom Hougaard ͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­ Forwarded this email? [Subscribe here]() for more NextBig-What is on a mission to enable you to make you micro-smarter every day - across a range of topics (AI to mental health, psychology to economics). Subscribe to experience the magic! Grab your limited-time special offer. [Get 20% off for 1 year]( --------------------------------------------------------------- [The Best Loser Wins]( Big ideas from the book by high-stakes trader Tom Hougaard Jul 6   [READ IN APP](   Nobody likes to fail, but failure is inevitable. Especially when you are trying something bigger, punching above your weight. Today, sharing with you big ideas from the book ‘[Best Loser Wins]( by high-stakes trader Tom Hougaard. While the book largely is around how to win big in trading, but as with most things in life and trading, pretty much all the advice can be applied to our lives. Largely, the book is about psychology of trading and that’s where it is interesting enough to be shared with you. How you feel about failure will to a very large degree, define your growth and your life trajectory, in virtually every aspect of your life: Tom Hougaard [Best Loser Wins eBook by Tom Hougaard - EPUB | Rakuten Kobo 9780857198235]( Sharing big ideas from the book (interpreted for non-traders like me). The Power of Action What truly defines your growth as a person is not the information you possess, but rather how you use it in real life. When you make mistakes, take responsibility for them and learn from them. Handling Emotions Stay calm for peak performance Losing and failing might be a blow to the ego, but it can also be rocket fuel for growth. [Share]( Letting emotions control your actions can be disastrous. Learn to manage your feelings and stay rational, especially in stressful situations. This is crucial for making clear decisions in any aspect of life. I don't really want to feel anything - if I get overly happy about a win, tend to get overly sad about a loss. I don't want that. Process Orientation Shift your focus to being process orientated... Keep reading with a 7-day free trial Subscribe to NextBigWhat: Startups, AI and You to keep reading this post and get 7 days of free access to the full post archives. [Start trial]( A subscription gets you: Access to all premium posts (and archives) Access to all 3 newsletters, Ability to comment/engage with others Min 40% + Discounts on courses and other NBW products (like courses, conferences)   [Like]( [Comment]( [Restack](   © 2024 Zakti Techmedia Private Limited 677, HSR Layout, Bangalore-560102 [Unsubscribe]() [Get the app]( writing]()