The title of this book is misleading. Only one chapter in the entire book deals with hedged scale trading and to sum it up the author says..."buy puts". Brilliant. The rest of the book describes scale trading (poorly) and fundamental analysis. If you want to learn about scale trading go to the source. Look at Robert Weist's, "You Can't Loose Trading Commodities". Weist does a much better job describing this trading technique. This book was a real disappointment and waste of money (in my opinion).