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Abstract
#Bird Watching in Lion Country 2010 - Forex Trading Explained »
Comments Feed Bird Watching in Lion Country 2010 - Forex Trading
Explained
BIRD WATCHING IN LION COUNTRY 2010
Forex Trading Explained
BWILC 2004 "told it like it is"
d2
I wrote Bird Watching in Lion Country - Forex Trading Explained back in 2004
for two reasons:
1. Because people wanted an answer why they were struggling so much
with something that sounded so easy?
2. Because people wanted to know what I did different from the other
"gurus" as far as my trading strategy / system goes?
Bird Watching in Lion Country quickly became one of the most talked
about Forex topics.
In fact, it consistently receives rave testimonials all over the Forex
trading space.
NH365 says: November 8, 2010 at 6:47 pm
For five years I tried everything. I lost a lot of money in the market
and even more money on useless educators and their expensive materials.
I was on the verge of giving up when I took one last shot with BWILC.
To say the book spoke to me would be an understatement.
As I read the material, I believed I had found the answers I sought.
In our personal histories, there are three, maybe four
or five teachers, who fundamentally change our lives.
For me, Dirk is one of those people.
Regarding the question what I did differently, I had a problem:
because
I did absolutely everything yltnereffid.
* Most technical analysis left me cold
* I couldn't care less about high leverage
* I wasn't impressed by narrow spreads
* Trading psychology! Give me a break!
* I didn't need close stops
* I scoffed at news trading
* Fixed / Variable spreads? Who cares?
* Which `platform' I used was irrelevant
* Risk : reward ratio 3:1 - Be my guest!
* Unemotional trading? Bull sh*t!
The Proof is in the Pudding
FX Street Trader of the Year 2007
Every year FXSTREET holds a Trader of the Year Contest. In 2007,
out of 50 contestants, only two made positive returns over a four-month
period: Colin came second with a 35% return, and Torsten Kruger took
first place with a 136%
BOTH OF THESE WINNERS were Bird Watchers!
Says Torsten, "I discovered the strategy in Bird Watching in Lion
Country, and I very quickly became aware that this must be the only
approach for successful trading for me".
FX Street Trader of the Year 2009
Maybe so but consider the 2009 FXSTREET Trader of the Year Contest.
Over a three-month period, only three contestants made positive
returns. The winner and 2009 Trader of the Year, Martin, made 65%
profits after studying Bird Watching and joining my mentor program.
BWILC 2010 "tells it even more like it is"
* the latest tricks of marketing wizards,
* the impact of regulatory changes worldwide,
* the effects of the credit crunch on the median trading methodology
* and how to run a personal forex trading business
100 additional pages
Bird Watching in Lion Country 2010 has more than 100 additional pages
(total page count now 340), added to make it more efficient and
possible for anyone, beginner and struggling trader to gain the insight
necessary to make a success of forex trading.
I have substantially upgraded the concepts regarding approaching your
forex trading as a business.
I have added an additional Part 5 with substantial more detail:
* how to construct and adjust median grids
* how to properly consider risk management
* how to apply multiple entry trading in diverse markets
* how to integrate relational analysis in the 4×1 strategy
I have also included a full trading and relational analysis case study
as real-time as possible, for the week of November 23 - 27, 2009.
I have also included an Appendix "One year of 4×1 trading" including
relational analysis guidelines and a trade-by-trade track record of how
I have made 171% gross in 12 months right before the eyes of my
personal mentoring clients.
"More Pudding:"
FX Street Trader of the Year 2010
The winner, Michael Edwards, with a return of 36.2% over only two
months of trading became a participant in my FX Challenge Preparation
Programme after reading Bird Watching.
Bird Watchers traders also made 4th, 5th and 6th place with returns of
25.85%, 13.90% and 12.75% respectively.
You speak and I listen!
The Truth,
the Whole Truth
and Nothing but The Truth ...
During the last five years I discussed Bird Watching in Lion Country
with hundreds of clients just like you
and it became clear how it could be improved even more.
With natural changes in the dynamic Forex marketplace, the forces of
change also eroded some of the content, examples and focus points in
the book.
Based on the experiences and input of hundreds of readers and personal
Forex mentoring clients,
I have gained a wealth of new insights about how to explain my low-risk
Forex trading strategy to rank beginners with no trading experience and
those perpetual strugglers caught up in the losers paradigm.
But there is one main reason for BWILC 2010:
Massive distortion of BWILC trading principles...
Because of its popularity a large BWILC "conversation cloud" developed
all across the Internet.
Especially in the congregations of losers (popular chat forums) several
communities were built around distorted versions of BWILC.
In amazement I heard
* that I supposedly was a 'swing trader',
* about median grids for different time frames,
* that I supposedly was against stopping losses
* that I supposedly didn't use technical analysis
* that BWILC was lacking in risk management!
* that you can't make money with low leverage
... the cherry on top was this...
"BWILC lacks ways to
pinpoint exact entry and exits of trades".
What absolute rubbish!
That is exactly why there are 90% losers!
That pinpoints precisely why you need BWILC!
cdc says: June 6, 2010 at 5:50 am
BWILC has certainly shifted my perception of what it takes to be a
successful currency trader. I recently looked at my pre-BWILC trading
material and I realized how worlds apart they are. Before everything
revolved around technical analysis and risk management with stop
losses, with a pre-defined and mechanical approach of when to trigger
trades. The way the market behaves is everything BUT mechanical or
pre-defined. I feel I have a much more sound approach to trading now.
This is why BWILC exists in the first place:
* To explain why so many lose in forex
* Give an actionable solution to the problem
This is how BWILC 2010 tells it even more like it is:
* How you are being duped by marketing wizards
* That you need to make a BIG change in your approach
* Explains the 4×1 (4 by 1) strategy better
* Demonstrates the power of relational analysis
* Proof that you can make money with no leverage
* Proof that you don't need fancy risk:reward ratios
* Explain the truth about stop losses
Durdant says: September 10, 2010 at 5:04 pm
BWILC deserves to be always on the list of Best selling books of Fx
Trading.
Dirk takes you through the wilderness of the riskiest of the business;
and at the same time guides you,counsels you,warns you,and treats you
like some VVIP to finally assure that you really, really understand the
"business" of Fx trading .
I wish this book be a Treatise in Fx trading.
Bird Watching in Lion Country - Forex Trading Explained" was nominated
in the "Best Book" category of FXStreets' Forex Best Awards 2011
Pierre le Roux says: November 4, 2010 at 7:46 pm
Thanks Dirk. With your approach in BWILC you have given me the
confidence I needed. The methodology and logic is such that one does
not need to search elsewhere for that map to the treasure. BWILC has
given it to me. After reading and rereading BWILC, the fx market is no
longer a maze but a zone where one can comfortably walk without fear of
an angry lion.
BIRD WATCHING IN LION COUNTRY - Forex Trading Explained
Only $97
add-to-cart-button-
You're not on your own. Your purchase qualify you for several support
options based on your needs once you have laid the foundation for a
personal forex trading business as explained in Bird Watching in Lion
Country. I will email you about these options after your purchase
Systemtrader says: April 25, 2010 at 1:11 am
Hi Dirk I'm a BWILC Trader in Germany. I trade the method three years
since
and now I'm profitably and have a website for many German BWILC
Traders.
Your work is incredibly good thanks
"I'm Putting My Money Where My Mouth Is And Offering You A `No
Questions Asked' 60 Day Money Back Guarantee..."
That's right!
I am so sure that you will like BWILC 2010 that I am offering an
unconditional 100% Money-Back Guarantee.
If you are not completely satisfied with your purchase, simply let me
know within 60 days and I'll refund your money, in full, with
absolutely no questions asked!
There is absolutely no risk, whatsoever on your part.
The burden to deliver and satisfy is entirely on me.
Sincerely,
Dirk du Toit
Ace says: May 22, 2010 at 5:15 am
For me, after 2 years of trying extremely hard to make a go at learning
to trade forex in a consistent and profitable manner, the time had
arrived to step back and take a good hard look at why I wasn't being
successful.
BWILC has really helped me in this analysis by providing a different
perspective to trading forex, and whilst it is early days for me in the
BWILC journey - I feel it is providing a solid foundation upon which I
am slowly re-building my trading approach.
If like me you have invested in other books, systems, indicators from
the internet - investing in BWILC is head and shoulders above anything
I have come across - and well worth a look.
Neil S. says: September 15, 2010 at 5:28 am
I really wish that I had found BWILC before I started trading in the
Forex market. I could have saved myself a lot of time and MONEY! Dirk
explains in great detail of the importance of how we must first have
the proper perspective and balance of who we are and how we view the
market in order to be a successful trader. His teaching about the true
randomness of the market, why it is so important to understand it, to
embrace it as being a crucial element to lasting long term in your
career, is excellent!
I highly recommend the book and all of Dirk's teaching if you want to
be serious and trade Forex successfully for years to come.
Borut says: June 20, 2010 at 10:20 pm
I started trading in 2006 in I came across BWILC in 2008, reading was
real fun and I found there many important information, but although
everything in the book seemed right I went on with my old trading
style. After I finished reading the book I knew that some day I will
trade the BWILC way - perhaps I was not ready then, so in 2010 I'm
back, I joined the authors mentoring program.
After many trading strategies and systems I tried (only technical
approach) I reviewed my trading results and decided to fully dedicate
my trading time to the BWILC strategy.
fariz says: June 22, 2010 at 5:39 pm
I used to trade with high amount of stress, due to unrealistic
expectations ie Instant gratification (which usually means instant
loses) as well as not really knowing what i am doing.
But by just reading BWILC it sure helped clear things out. It teaches
the `right' way to trade, or at least how to survive the dangerous FX
markets, and made me realise how to trade with little or no stress,
which to me is very valuable.
Ian Stanley says: February 5, 2011 at 11:34 pm
Although I had spent a lot of time trying out the multitude of
technical systems and advice available to me on the web I was fortunate
enough to not lose too much money before I came across BWILC by Dirk Du
Toit. This book has given me a valuable insight as to the reason why
the systems that most seem to follow just did not work for me. I was so
impressed and intrigued by the book that I signed up for Dirk's
personal mentorship program.
Malcolm Hart says: January 4, 2011 at 2:08 am
This book has been the biggest revelation I have come across in regards
to the forex market. Beware, there is NO other system or programme I
have come across out there that seems to GET the forex market in quite
the same way. Everyone speaks about timing, technical indicators and
the such even to the extent of the so called professionals at Daily
Forex that at times contradict their own outlooks and will within the
space of hours totally change their views and recommendations!!!
I know that unless I change my own brain I will lose my money. This has
become very evident to me with the struggles of my own dear friends!
o My Uncle that is a brilliant Mathematician and has wonderful
technical indicators yet just can't make money. In 3 years his account
has gone from $10,000 to trying to get back above $500.
o My Cousin that spent 5 years of his life staying up till 3 in the
morning only to give up in disgust after making nothing and him also
having a close friend that spent 5 years and thousands on Forex and
coaching, and also making zero, zilch! (He has really given me the
`Raspberries' for daring to try the Forex market and threaten to lose
money that my family needs!)
These guys just don't `Get It' that what they really needed to do was
stop doing what the 90% of losers do and do what the 10% do. We really
are treading a thin line here and are in dangerous country. This is
like my Boy does in going off to Afghanistan and patrolling war
country. We MUST tread carefully or risk getting limbs blown off. It is
that dangerous!
BWILC has been the best catalyst that I have come across in convincing
me that I need to change my thinking if I am to succeed in this. (And
succeed I will!!!!!)
Paulo Oliveira says: October 21, 2010 at 12:36 pm
In my short trading career (18 months) I started like most people do,
loading up indicators, use of high leverage and tight stops (never risk
more than 2% of your account on any trade - I have lost count on how
many times I read this sentence on all the forex trading books I came
across).
After six months of demo trading with mixed success I decided to open a
live account.
In demo you can follow the rules and be very detached from your trades,
but when it comes to the real thing you embark on an emotional roller
coaster.
Thankfully after two months of live trading I made a wise decision to
stop trading. I would finish most days emotionally drained. I came to
the conclusion that it would be impossible to make money on a
consistent basis trading like this, let alone the toll on my mental
health.
I had just about decided to quit when something remarkable happened.
BWILC: Reading the book was like a breath of fresh air.
The entire different approach to the forex market made so much sense to
me, it was a new perspective that I had never came across before in all
the 20 + trading books I read.
The concept of randomness in the markets, trading only one pair,
multiple entries, cost averaging, low leverage, cut your profits short,
let your losses run and a median grid working base backed up by
fundamentals and relational analysis just won me over.
I would like to thank Dirk for keeping the dream alive.
Andrey Kerbabin says: March 2, 2010 at 7:18 pm
BWILC 2010 is a good book to start forex trading either with or without
any practical experience. Dangerous forex jungles hide accidental
creatures and meeting with those one should be prepared. The book
teaches fundamental view on forex trading, trading edges and market
analysis. Going farther the mentoring programme gives practical
experience with the market using described principles and owning
discretion in decision making.
Bill, Australia says: February 26, 2010 at 12:07 am
Dirk has an excellent progam looking at the whole depth and breadth of
forex and the forex markets.
If you have come to forex trading with a traditioal technical analysis
approach and have found it doesn't work, you probably need to change
your whole way of thinking about the way you trade.
Dirk's mentorship will help you do this but be prepared to radically
change the way you think about the markets.
I thoroughly recommend BWILC
Helen says: October 25, 2010 at 1:15 pm
The biggest insight that BWILC has given me is the stupidity of trading
with tight stops and trying to catch reversals, rather than just going
with the trend and making gradual profits.
Seth Berrin says: January 6, 2010 at 3:21 am
Hi Dirk, just received your new version of BWILC. I did enjoy the
original version and took a lot of your advice the first time around.
Have been trading for almost 5 years (part time) and have been
profitable in my 3rd, 4th and 5th years. Learned some hard rules along
the way and blew up a few accounts but have been steady since reading
your first version. Looking forward to digging in to the new copy. Will
keep you posted as I get further into your new e book. regards, Seth
Roland Jacobi says: October 6, 2010 at 5:10 am
BWLIC for me provides a comprehensive approach to trading, It teaches a
skill that can be learned and is useful in developing a profitable
business through patience and persistence and by using my own brain.
I can trade with a grater degree of confidence and I don't live in the
fear of loosing my account. I learn to accept the fact that some level
of loss is acceptable. I can and will live for another day of trading.
Nick Quinn says: July 17, 2010 at 10:51 pm
This is the best book about trading I have read so far. After 2 years
demo trading and 6 months of real money, when I started reading BWILC I
couldn't quite believe just how accurately Dirk describes exactly what
I have been going through and what it feels like to trade for real and
not fully understand why it isn't working, yet you feel like it should,
simply because we are all fully rounded intelligent human beings!
I've been through the mill a few times already and this is the first
time that I can honestly say I feel like someone is telling me the
truth. It is possible, but its just very very hard work!
Hope to study this book some more....
thanks for being honest! It makes a refreshing change.
Risk Disclaimer Contact Us
Join the BWILC community and get 2 great gifts.
1. Part 1 of BWILC 2010 (with a trade by trade report of how Dirk has
made 260 trades for 17000+ pips in one year.).
2. Professional Study Guide: Perspectives in Foreign Exchange
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