TAILIEUCHUNG - Forex Strategy

There are four groups in the forex market. There are the novice traders – the greenies, the ones who try to outrun the bear and lose every time. In addition to the novice traders, there are three other levels of participation in the forex market: the dealers, the institutional traders, and the advanced traders. | W. R. Booker Co. Strategy 10 Low-risk high-return forex trading. 2003 Rob Booker. http The information contained in this document although highly entertaining and quite instructive might lead you to believe that tomorrow you re going to be a millionaire. You are not going to be a millionaire tomorrow. s technically not correct. Because you could be a millionaire already in which case tomorrow you re guaranteed to be one. Strategy 10 - PAGE 2 A bear chased two hikers. One hiker while being chased stopped to put on running shoes. As he was changing out of his hiking boots his companion looked at him in horror and exclaimed What in the world are you doing You ll never outrun the bear if you stop now Calmly the other hiker said I don t have to outrun the bear. I just have to outrun you. The forex market offers more opportunity for fast financial success - and financial ruin - than almost any other market. The get-rich crowd has always been attracted to it. This crowd includes speculators trading novices retirees and professionals looking for a way to get out of debt increase the excitement in their lives or simply get rich really fast. These are the people who you will be taking money away from. These are the people who will be eaten by the bear. You don t have to outrun the bear the entire market . In fact that s impossible. You can t beat the entire market. Those of you who try will learn fast that the market has no mercy can outrun anyone and shows no mercy. I want to teach you how to run faster than the other traders. Strategy 10 - PAGE 3 The Four Groups There are four groups in the forex market. There are the novice traders -the greenies the ones who try to outrun the bear and lose every time. In addition to the novice traders there are three other levels of participation in the forex market the dealers the institutional traders and the advanced traders. The dealers are the most powerful and they make the market setting prices and .

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