Rating: - A higher standard in trading books
The book starts with a brief introduction to the fundamentals Dr Elder has been promoting since his first book (how to buy, example setups, psychology and risk management) and then moves to advanced topics (keeping records, where and how to sell, where and how to place stops, how to short and presents a strategy for finding stocks to trade).

All the previous is illustrated with examples from Dr Elder's own diary where you can see how a professional trader executes his trades. Only this point is worth many times the book.

I have read many trading books and it is difficult to find a new book that really adds something new. This book has a lot of material and it is a pleasure to read. I highly recommend this practical hands-on book to everybody that takes trading in a serious way.