Tom Hougaard & David Capablanca on Conference in Los Angeles (Tickets in Show Notes)

Market Wizards is a must-read for traders and financiers, offering a deep dive into the strategies and mental attitudes of the world's most successful traders. The book includes interviews with traders such as Bruce Kovner, Richard Dennis, Paul Tudor Jones, and others, revealing their approaches to trading and the factors that contribute to their success. It covers a wide range of markets, including treasuries, futures, commodities, and more, and highlights the importance of solid methodology and proper mental attitude in trading.

In "The Best Loser Wins," Tom Hoogerheide challenges conventional wisdom in trading by emphasizing the importance of managing losses effectively. He argues that successful traders are not those who avoid losses entirely, but those who learn from them and adapt their strategies. The book explores the psychological aspects of loss aversion and how it can hinder trading performance. Hoogerheide provides practical techniques for setting stop-losses, managing risk, and maintaining emotional resilience in the face of setbacks. He encourages a mindset of continuous learning and improvement, emphasizing the importance of self-reflection and discipline.