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Best Loser Wins is an intimate insight into one of the most prolific high-stake retail traders in the world. Tom Hougaard is the winner of multiple trading competitions and on one occasion traded the equivalent of 30,000 into more than 1.3 million over the course of a year.While the average retail trader risks 10 per point in the underlying asset, Tom Hougaard frequently risks up to 3,500 per point. This risk exposure requires a mindset that is out of the ordinary.Normal thinking leads to normal results. For exceptional results, traders must think differently.This book will guide and inspire you in ways no other trading book has. It is not about strategies and money management. It is about mind management. Tom Hougaard provides a unique and refreshingly personal account of how an ordinary trader elevated his game to incredible heights by focusing as much on his mental approach as on his technical analysis.Best Loser Wins explains how you, by thinking differently when you are trading, can elevate your game from mediocre and sporadic, to excellent and consistent. No amount of technical analysis will ever do that for you.Tom Hougaard says, "People don't fail because they don't know enough about technical analysis. They fail because they don't understand what the markets are doing to their minds."Best Loser Wins is an antidote to conventional and flawed thinking in trading, and a blueprint for a new belief system for traders who want to elevate their results to levels they never dreamed they could reach.
Investment Analysis --- Business & Economics --- Day trading (Securities) --- Risk-return relationships.
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Risk. --- Law --- Philosophy. --- Risk --- Economics --- Uncertainty --- Probabilities --- Profit --- Risk-return relationships --- Jurisprudence --- Philosophy --- Law - Philosophy
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When we impose risk upon others, what are we doing? What is risking's moral significance? What moral standards govern the imposition of risk? And how should the law respond to it? This book constructs a normative framework of risk imposition to help answer these important and oft-ignored questions.
Law --- Risk --- Philosophy. --- Moral and ethical aspects. --- Economics --- Uncertainty --- Probabilities --- Profit --- Risk-return relationships --- Jurisprudence
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This series presents research utilizing laboratory experimental methods in economics. A distinction between this book series and traditional journals is that the book series format allows for papers and features that might not be appropriate for journals. Some examples which have been included in this series are: papers with complete presentation of experimental instructions and data, papers which report replication and robustness results, methodological papers, and theoretical papers motivated specifically by experimentation. The series currently consists of two different types of volumes. Some volumes are open-submission covering all topics. The papers in these volumes are reviewed externally. The other volumes, recently undertaken and with Prof. Charles Holt as a co-editor, are focused on a single, broad research topic with papers solicited and reviewed by the co-editors.
Economics --- Risk. --- Uncertainty --- Probabilities --- Profit --- Risk-return relationships --- Methodology. --- Experimental economics. --- Research. --- Methodology
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Most academic and policy commentary represents adverse selection as a severe problem in insurance, which should always be deprecated, avoided or minimised. This book gives a contrary view. It details the exaggeration of adverse selection in insurers' rhetoric and insurance economics, and presents evidence that in many insurance markets, adverse selection is weaker than most commentators suggest. A novel arithmetical argument shows that from a public policy perspective, 'weak' adverse selection can be a good thing. This is because a degree of adverse selection is needed to maximise 'loss coverage', the expected fraction of the population's losses which is compensated by insurance. This book will be valuable for those interested in public policy arguments about insurance and discrimination: academics (in economics, law and social policy), policymakers, actuaries, underwriters, disability activists, geneticists and other medical professionals.
Insurance --- Risk. --- Economics --- Uncertainty --- Probabilities --- Profit --- Risk-return relationships --- Society and insurance --- Social aspects.
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Risk --- Risk management --- Risque --- Gestion du risque --- Risk. --- Risk management. --- Economics --- Uncertainty --- Probabilities --- Profit --- Risk-return relationships --- Insurance --- Management
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Risk perception. --- Risk. --- Risk --- Risk perception --- Awareness, Risk --- Risk awareness --- Perception --- Economics --- Uncertainty --- Probabilities --- Profit --- Risk-return relationships
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International law is a system of rules and principles that regulates behaviour between international actors in the present, but is based on what is expected to happen in the future. This resource explores how risk and uncertainty are imagined, articulated, and managed across the various fields of international law.
International law. --- Risk. --- Economics --- Uncertainty --- Probabilities --- Profit --- Risk-return relationships --- Law of nations --- Nations, Law of --- Public international law --- Law
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"The widespread view that risk is highly relevant in late modern societies has also meant that the very study of risk has become central in many areas of social studies. The key aim of this book is to establish Risk Discourse as a field of research of its own in language studies. Risk Discourse is introduced as a field that not only targets elements of risk, safety and security, but crucially requires aspects of responsibility for in-depth analysis. Providing a rich illustration of ways in which risk and responsibility can serve as analytical tools, the volume brings together scholars from different disciplines within the study of language. An Introduction and an Epilogue highlight the intricate relationship between risk and responsibility. Part 1 deals with expert and lay perspectives on risk; Part 2 with emerging genres for risk discourse; Part 3 with risk and technology and Part 4 with ways of managing risk. The topics covered-such as COVID-19, nuclear energy, machine translation, terrorism-are socially pertinent and timely"--
General ethics --- Pragmatics --- Risk --- Responsibility --- Accountability --- Moral responsibility --- Obligation --- Ethics --- Supererogation --- Economics --- Uncertainty --- Probabilities --- Profit --- Risk-return relationships --- Risk. --- Responsibility.
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Liability (Law) --- Risk. --- Risk --- Economics --- Uncertainty --- Probabilities --- Profit --- Risk-return relationships --- Accountability --- Legal responsibility --- Responsibility, Legal --- Responsibility (Law) --- Civil law --- Contracts --- Obligations (Law)
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