A must read for any beginner or intermediate trader. Ian Murphy explores the 5 stage path that a trader should take in a very clear step by step methodological way. He also states the six psychological tools that a trader must arm himself with for consistent performance. The thorough detail on the risk management section sets this book apart from others. All the essential elements for successful trading are put together in a practical way in the strategy section. Overall, a great book for anyone to become a better trader.