One Good Trade: Inside the Highly Competitive World of Proprietary Trading

Mike Bellafiore

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One Good Trade: Inside the Highly Competitive World of Proprietary Trading

One Good Trade Inside the Highly Competitive World of Proprietary Trading An inside look at what it really takes to become a better trader A proprietary trading firm consists of a group of professionals who trade the capital of the firm Their income and livelihood is genera

  • Title: One Good Trade: Inside the Highly Competitive World of Proprietary Trading
  • Author: Mike Bellafiore
  • ISBN: 9780470529409
  • Page: 386
  • Format: Hardcover
  • An inside look at what it really takes to become a better trader A proprietary trading firm consists of a group of professionals who trade the capital of the firm Their income and livelihood is generated solely from their ability to take profits consistently out of the markets The world of prop trading is mentally and emotionally challenging, but offers substantial rewarAn inside look at what it really takes to become a better trader A proprietary trading firm consists of a group of professionals who trade the capital of the firm Their income and livelihood is generated solely from their ability to take profits consistently out of the markets The world of prop trading is mentally and emotionally challenging, but offers substantial rewards to the select few who can master this craft called trading.In One Good Trade Inside the Highly Competitive World of Proprietary Trading, author Mike Bellafiore shares the principles and techniques that have enabled him to navigate the most challenging of markets over the past twelve years He explains how he has imparted those techniques to an elite desk of traders at the proprietary trading firm he co founded In doing so, he lifts the veil on the inner workings of his firm, shedding light on the challenges of prop trading and insight on why traders succeed or fail.An important contribution to trading literature, the book will help all traders by Emphasizing the development of skills that are critical to success, such as the fundamentals of One Good Trade, Reading the Tape, and finding Stocks In Play Outlining the factors that really make the difference between a consistently profitable trader and one who underperforms Sharing entertaining, hysterical, and page turning stories of traders who have excelled or failed and why, many trained by the author, with an essential trading principle wrapped inside Becoming a better trader takes discipline, skill development, and statistically profitable trading strategies, and this book will show you how to develop all three.

    • Best Download [Mike Bellafiore] ☆ One Good Trade: Inside the Highly Competitive World of Proprietary Trading || [Chick Lit Book] PDF é
      386 Mike Bellafiore
    • thumbnail Title: Best Download [Mike Bellafiore] ☆ One Good Trade: Inside the Highly Competitive World of Proprietary Trading || [Chick Lit Book] PDF é
      Posted by:Mike Bellafiore
      Published :2018-08-10T22:36:48+00:00

    One thought on “One Good Trade: Inside the Highly Competitive World of Proprietary Trading

    1. Donald Plugge on said:

      The signal to noise ratio of this book is pretty weak. The reader can definitely glean some nuggets of insight, one financial acumen is to use a daily trade journal or simply stop investing. And the author also covers a bit of the Six Sigma type aspects of investing -- measure, analyze, control and improve. However, the book gives off a haughty overtones with teenybopper nicknames and BSD braggadocio. Many of the personal accounts were not relevant or mundane. Numerous times he begins listing ti [...]

    2. Cindy Choi on said:

      First off, there are no "This is how you trade and if you do this, you will make money" books. They don't exist, even if they claim to exist. You can't learn trading from a book or books. You can, however, learn trading from many books, classes, teachers, a gazillion hours of screen time, and your own trading logs.That said, for intraday traders who are not consistently profitable, this is a must read. Day trading is not what most people think it is, and Mike Bellafiore is very generous in dishi [...]

    3. Mohammad Hafiz on said:

      An inside look at what it takes to become a successful trader. The real stories of traders, who have excelled or failed and why. Get an idea of what is actually happening in the office of a proprietary trading firm. More info →

    4. Zachary on said:

      I enjoyed this. I wouldn't say this is a "how to trade", but it gives good insight on traders he has worked with as well as what their firm looks for. I recommend it

    5. Marshall T. on said:

      As being trained by prop firm, I'm related to this book. It's very helpful.

    6. Terry Koressel on said:

      One Good Trade far exceeded my expectations. I am not an intraday trader; I have no plans to become one; my brain and my personality are not wired for such trading. Hence, the reason for my low expectations on the book. My expectations were wrong. One Good Trade is an excellent book. Mike Bellafiore is pragmatic about tradingetely and refreshingly so. He exudes plain old common sense. You will not learn particular set-ups or trades. That was not his objective. What you will learn is that full-ti [...]

    7. erjan avid reader on said:

      awesome book. it is very honest when describing the hardships of trading!Mike talks about educating traders, always striving to become the best version of trader one can be. In a sense, he outlined all the pillars of mastery - constant continuous self improvement in one area.It is sort of kungfu of trading. Kungfu is not just an art, but an attitude to all areas of life.The book offers a direct look, insight into the daily life of prop trading world. A must read for all aspiring prop traders.Not [...]

    8. Terry Kim on said:

      Another must read for a trader. This is a very good book on the overall philosophy of trading. Although this book is focused on intraday trading of SMB Capital Traders, it is packed with wisdom, psychology and routines of great traders.There are just too many ideas to go through in a short review but I really liked Mike Bellafiore's idea of adaptability. To be a successful trader, you need to experience many different markets and be quick to adapt to new methods when things dont go your way. Wit [...]

    9. Russ on said:

      Anyone planning on becoming a professional trader should read this book. It is essential reading for anyone serious about making money in the market. Bellafiore presents the high, lows, opens and closes of trading. He is straightforward and no-nonsense. You will not learn to trade or any particular trading system. However, Bellafiore can help you determine whether or not professional trading is appropriate for you.

    10. Andrew Brady on said:

      Technically still not done, I am quiting about 2/3 in to it. The stories are honorable. Maybe there are some good trading tips in the book but it is like reading through blog post looking for gold nuggets, just painful.

    11. Dmytro on said:

      The author of this book runs a proprietary trading group with about 60 traders under his belt. In this book he outlines steps to achieve relative success either on the scale of a single trader and from the point of view of running a team of traders

    12. Arek Piwowarczyk on said:

      Great book, would say 'a must read' for any aspiring trader, definitely my top 5.

    13. Ben Wong on said:

      A lot of ego stroking on the authors behalf, but still some juicy tidbits here and there.

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