Greg Michalowski's book, based on the author's extensive practical experience, talks about ways to develop and improve the strategies of currency traders in the FOREX market. Based on a detailed analysis of the causes of both errors and blunders, as well as the obvious successes of traders in real life, he builds a clear and understandable algorithm for planning, preparing and successfully implementing a transaction, making the reader his like-minded person and instilling in him professional logical decision-making. Using illustrative examples and a coherent system for determining the degree of risk and managing fear, the author irrefutably proves the ability of an individual trader to eradicate typical mistakes, minimizing the likelihood of losing money.