This is my favorite book on forex trading,and is the reason why i still am trading forex(i haven't lost much money after reading this book).
Looking for an edge in the Forex trading market? Of course you are and so is everyone else. But if you’re listening to the words of those so-called "Forex experts" you’re just wasting time. Don’t think so? Then why is it that after implementing their "proven" strategies you’re still not as profitable as you should be? Maybe you, like so many others, have fallen victim to the hype and the promises. Sounds like you need a fresh take on the topic.
And that’s exactly what the book, Retail Forex Trading Explained – Bird Watching In Lion Country aims to provide. Written by Dirk Du Toit who is also known as Dr. Forex, the title appropriately sets up the scenario. You see, Lion Country is where this market’s movers live. They’re the money makers; the ones who truly understand how this market works (and often the ones filling your ears with hype!).
Everyone else is part of the unsuspecting Forex traders who stop to gaze at the beautiful sights within this extremely dangerous territory. What’s not said is what’s most obvious about the title and that is: If you don’t really know what you’re doing, then it’s time to learn or to get out, otherwise those lions will gobble you up and spit out your bones!
Bird Watching In Lion Country includes a very precise account of the Forex market with an emphasis on its inherent risks. Nowhere will you see any promises to "get rich quick" so common in other Forex trading books.
It’s a must-have book regardless of your level of experience. Beginners, swing traders, position traders and even those who consider themselves experienced will learn something new. Comprehensive and practical, this is the book for anyone who is serious about making money in the Forex market.
Even if you’re trading in other markets you’ll find the overview provided in the book useful, especially if you’re trading in futures. But as you read you will clearly understand that Forex is quite different. You’ll also learn various trading methodologies and get a first-hand account of Dirk’s own trading system.