This book was published around year 2010. Surprisingly, the said year marked a beginning of algorithm in financial market. Assume this book was prepare by the author around 2008, it was the end of subprime crisis and the book preparation ended with the beginning of algorithm all over the world. So, this book precisely implies the whole situation. The huge bear run during subprime made traders aware the need of quicker execution via algorithm... and yet, the principles stated in this book simply ignore the changes (damages?) via algorithm. So, this comes to the conclusion on this book: It has everything except ignoring the impact of quicker and faster trading styles.
Having said that, this book covered almost everything a trader needs. It started with the mechanism via statistical, follow by phycology of trading mentality and ended with superb summary on the universal principles of successful trading. As an old and bold trader, I 100% agreed with the content on this book. For trader like me, this book served as a good revision (it did not took up a lot of time for me to read it) and some nice refreshment that sums up my 20 years journey as a trader. As such, I highly recommend this book despite the facts that algorithm element were totally ignored throughout this book. For a full rating of 10, I am going to rate this book at 9/10. I am looking forward to see the future edition of this book and I hope I can see some algorithm stuff being discussed along the way.
