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Post Info TOPIC: Understand all the players in the game.

MP Class of Jan 08 (Hybrid)

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Understand all the players in the game.

The book Bird Watching In Lion Country gets to the bottom of what a person needs to know and understand to be successful in FX.

Initially one may think this is a curious title for a book on FX. However the more you think about what FX is and the title of this book the more you realise a person can get themselves into a fatal situation either by hanging around Lions or by financially hanging around FX market, and many people do. This book shows you how to co-exist with lions the big financial institutions such as banks and regularly take profits.

The major factor that I like about the book is that it teaches how to enter the market and if there is any drawdown how to manage it. Often in drawdown, because of a clever strategy you will be able to take a profit. This is because you have a more relaxed state of mind coupled with a planned approach. Most FX books do not mention drawdown or risk.

In the world of business, it is wise to understand all the players in the game, and all the factors that will influence the price in the FX. In BWILC it is clearly explained why and how the markets are moved by small or large amounts or even just range in price and how you can profit.

There is a fine line between being a person who is gambling or a person who winning by understanding the factors that can influence the FX market. By deciding to buy BWILC you will gain a clearer understanding and able to devise and implement a sound plan when trading FX.

-- Edited by Greg at 13:15, 2008-07-10

Greg Hines
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