For 0.99, this book essentially says that based on the FXCM database of historical trades over the past decade or so, their client traders were more profitable when:
1. Using a range trading strategy outside of high-volatility USA 0600-1400 EST hours.
2. Using a breakout strategy within high-volatility USA 0600-1400 EST hours.
3. Using account leverage of less than 10-to-1.
If education was the book goal, I think it fell short, because it doesn't really educate you about anything in particular. Instead, it is simply a report on the performance of traders in their database. I emphasize this point--the book is not about trading strategies, it's a report on average characteristics of _traders_ (accounts) that made trades in the FXCM database.
The book argues that "if you follow these 3 rules, your behavior will more closely match the average behavior of profitable traders in our database, and therefore you might be able to be profitable like them too."
The authors say at least 30 times in this short book "Past performance is not indicative of future results," so I wonder if these disclaimers completely undo the central argument of the book. I suppose it's a lawyer liability issue, since the book is published under the FXCM company name.
I think the book would have been much better if all of the strategy simulation results were published for each of the strategies shown in the book. All of the decent strategy simulation programs that I've seen can produce statistics on percent winning/losing trades, average and maximum account drawdowns, average and maximum profits per trade, average and maximum length of trades, and so on.
In contrast, this book only shows a few final equity curves that have been previously tuned for particular profit and stop loss targets (eg 100 pips stop, 120 pips profit target). The book says nothing on the relative probabilities of hitting a stop loss that is closer to the entry price (100 pips away) than a profit target that is farther away (eg 300 pips away). So the book omits quite a bit of discussion on the choices a person might actually want to make to implement any of the strategies used in the book.
As a short, simple, and somewhat superficial report on some characteristics of traders in their database, I suppose the book achieved its goal, no more and no less.
I'm sorry to say that I would not recommend this book to anyone; although the info in the book is technically true (as a short statistical report on traders/trades from their database), I think there are many better books out there to spend your time and money on.
For example, Zen and the Art of Automated Trading: A Journey from Day Trading to Mechanical Trading does an excellent job of educating you about what the life of a computerized strategy trader is like.
As another classic, New Trading Systems and Methods (Wiley Trading) published 2005, is probably the granddaddy of all strategy trading systems books, and does a wonderful job of discussing strategies, results, and some implementations. I see there is now a Fifth edition too: Trading Systems and Methods, + Website (Wiley Trading), published Jan 2013. I don't know how much new material has been added to the fifth edition (I only have the 4th ed.)