FX BOOK REVIEW The Bull, the Bear and the Baboon
FX Lessons Learned the Hard Way by Winsor Hoang
A BUSINESS THRILLER WHERE FRAUD AND DECEIT LEAD TO MURDER
BOOK SUMMARY
Seven inexperienced investors attend Harry Dean’s free seminar on foreign-currency trading and are dazzled by his financial success. They enroll in his path-to-riches trading course, unaware that Harry, a former stock broker who lost everything in the dot-com crash, can make more money training than trading. The “gang of seven” rookie traders come from different backgrounds and have different motivations for independence and wealth, but they become united in a pact to share their ideas and experiences and the deceit that befalls upon each of them. In the end, everybody will pay – including Harry.
Foreign exchange trading expert, Winsor Hoang , blends important lessons and guidelines for would-be traders with this fictionalized account of real-events in this hybrid novel/training book. The Bull, the Bear and the Baboon: FX Lessons Learned the Hard Way offers insider views of an industry where regulations are few and questionable practices abundant. Hoang
72 FX TRADER MAGAZINE January - March 2014
summarizes each fictional chapter with fact-based solutions—like how to balance risk and reward, why high-wealth clients get priority but smaller clients are the cash cow, how to keep records, why meditation is important, and that expert trading cannot happen in a day or a week, it takes years of practice—to ensure the reader learns from the characters’ mistakes.
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