Those who get burnt might be smart and successful within their own careers, and yet they fail miserably in trading. This book will explain why. What differentiates this book from other trading books is that it provides the reader with a mature and coherent angle of view for taking on the markets and staying in for the long term. The author gives what I believe is honest advise regarding entering this field (some shouldn't be trading at all).
The emphasis on the fact (and I call it a fact because it is) that making it in the markets requires having the right MIND, METHOD and MONEY MANAGEMENT is a gem that I couldn't find in other trading books. It's so simple and logical, yet I bet so few beginner traders understand and apply it.
You might need some technical analysis background for the METHOD part. For this I would recommend "Technical Analysis of the Financial Markets".
The language is clear and actually fun to read. I couldn't detect any attempts to fill space with unnecessary material. I can see that the book was well researched and given enough time to develop into a classic.