BWILC is an eye-opening exposition of how the Forex retail market actually works, and explains why most of the indicator-based trading systems will not be able to make consistent profits. The author is a very experienced trader, and extremely knowledgeable about the Forex market.He brings to the table his experience as a professional trader and approaches Forex trading as a business.The basics of the 4x1 strategy are similar to what you might read elsewhere, but they have a different slant than most other books about Forex, which is why I was drawn to read BWILC initially.This slant leads to a very reasonable way of buying low and selling high, and using low leverage to protect against large losses.The description of how big banks move the forex market and how retail forex brokers actually make their money is worth the price of the book alone having that image in the back of your mind will keep you alert while in lion country.
