The Bull, the Bear, and the Baboon ― Fx Lessons Learned the Hard Way

It will save you thousands of dollars.

Harry, a stock broker who lost everything in the dot com crash, turns to foreign exchange currency trading where he quickly learns there is more money in training than in trading. Selling students dreams of independence and wealth, and selectively showing his own trading history, Harry is again living the high life. But seven students soon realize that Harry is selling lies, and everyone will have to pay the price—including Harry.

The Bull, The Bear, and The Baboon looks inside the currency trading market through the eyes of seven people, each with different reasons for becoming a trader. Their individual stories and the ways in which they interact and influence each other provide the reader an eye opening portrayal of the trading world. Both entertaining and informational, this book reads like a suspense novel and, at the same time, offers practical advice to both the novice and experienced investors. It is a captivating narrative story in what is typically a nonfiction, educational genre.

Ron, an entrepreneur and self-made multimillionaire, needs a new challenge. Michelle, an unemployed recent college graduate is seeking income. Joey, a compulsive gambler, sees a new game he can play from home. Each succumbs to Harry's sales pitch and enrolls in a course that will change their lives—and the lives of four others who band together to form the “Gang of Seven.”

The Bull, The Bear, and The Baboon recounts each person's situation, examines the reasons their trading strategies failed, offers specific steps that investors should take to avoid losing all their money, and outlines a trading edge to significant profitability, even when one is right only half the time.

Inspired by the overwhelming number of swindlers that fool the average individual entering currency trading, this book is written for mainstream audiences, weaving very real trading cautionary points into the technical pitfalls, disciplines, and psychologies related to trading.

Although other books may focus on basic how-to skills, this book not only provides essential trading know-how, but also reveals the role your personality, your aspirations, and your subconscious play in your performance as a trader. It dispels many myths, including one of the most pervasive: that anyone can take on the market and win. This book offers what many trading books fail to address—awareness. Unlike books that entice readers with false promises, this book will present the brutal facts about trading. If you are a dreamer and believe that you can turn $250 into $100K, then this book is not for you.

In an industry that has become overhyped, overpromised, and filled with cons, traders will find it more and more difficult to find any real clarity and truth. The authors of most trading books only want you to stay in the game; what they won't tell you is why the game is so difficult in the first place. They fail to tell their readers that no single trading method or course is a silver bullet. Each trader must come to the market with an edge—something that creates an advantage when trading. In this book, you will get to know the characters' trading edges, some of which might surprise you. In this industry, you are competing with some of the brightest minds in the world, and they are often well funded and able to withstand significant losses.

It is easy to complain about FX trading's inherent difficulties. Instead of offering complaints, however, this book explores multiple solutions for dealing with technical pitfalls as well as disciplines and psychologies related to trading. This book will provide you with hours of entertaining reading and insights into the market—insights that other books, software packages, trainers, tip services, and supposed experts will never give you.