New Trader,Rich Trader 2: Good Trades, Bad Trades

Steve Burns... an author who wrote some splendid commentary in Darvas's classic "How I made 2,000,000 in the Stock Market". Those days (during the very earlier part of my career), I used to adored Darvas stuff a lot. These days, the concept was still in my mind... but, practically, I am no more the Darvas fans... However, Steve Burns commentary was in my mind. I believe some of his commentary in the above mentioned book did helped to shape my belief and trading concept today. So, here I am with his latest book...

At the end... I am in dilemma on how to comment on this book. Overall, this is a nice book and I found it enjoyable to read. The authors divided this book into three major parts:
Part 1: Managing the Mind to stay in the game (sounds cruel, but very true, LOL)
Part 2: A robust methodology (well, an essential part for traders)
Part 3: Managing Risk (what else if not managing risk?)
Three major parts sounds good in theory. Unfortunately, it is really a "theoretically" book.  Credit must be given to the authors by presenting the "theory" through a conversation between a "new" trader versus "rich" trader. Of course, we had the well-know "Rich Daddy Poor Daddy" series before this. But, I reckon by presenting such a way, readers would not feel bored in reading this book.

As I mentioned above, since this book is more on the "theory" side... it is actually more suitable for beginners or novice. For advance traders, this book at most served as a refresher course. Advance traders might not be able to find anything new in this book. So, for experienced traders, this book may not sound appealing to them at all.

For a full rating of 10, I personally rate this book at 2/10. I love the format on how the theories being presented (new trader vs rich trader). However, this book offered nothing to impress me with my 15 years of trading journey. As I mentioned above, no doubt that it is an enjoyable read. But, I just could not find the gem I am craving for... too bad...