This is an excellent book. The various types of stop orders are very clearly explained and their application is clearly shown on real world charts. I'd thought only of the 'stop loss' before reading this book, but Tony has shown me how I can use stop orders to enter trades as well as exit, and how to protect my profits as well as minimise my losses. There is also some very useful information on how the market makers can move a price temporarily and how you can avoid being stopped out unneccesarily. Furthermore, the principles in this book can be applied whether you choose to day trade, swing trade, or position trade. In summary this book can give you some extra tools for your trading toolkit as well as some excellent money management tips, which all contribute towards having an edge in trading. Reccomended.