Talking with Traders S03E06: Tom Hougaard: “It’s the best loser that wins”
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Nov 19, 2020 
Tom Hougaard, a high stakes trader with 11 years of experience, discusses topics including his journey from humble beginnings in Denmark to trading in London, the importance of transparency in the trading industry, risk management, driving at high speeds, analyzing weaknesses in trading, and trading book recommendations.
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Early Hustle
- Tom Hougaard's difficult childhood fueled his drive to earn money from a young age.
- He worked various jobs, including a newspaper round and dishwashing, to achieve financial independence.
First Trading Experience
- Starting with £20,000, Tom's initial trading attempts were unsuccessful due to naivety and market conditions.
- He blew up his account within 18 months, highlighting the challenges of early-stage trading.
Media Career Launch
- A chance encounter led to a TV commentator role, launching Tom's media career.
- Despite initial nervousness, he thrived, conducting over 1500 interviews and developing a reputation for honesty.