One Good Trade: Inside the Highly Competitive World of Proprietary Trading: 454 (Wiley Trading)

This is an excellent book and now sit in my top 10 alongside The Playbook. Never was a day trader, but I always aimed to find the best entries and timing to my longer plays, this book and The Playbook has changed my trading to another level as. If you are an investor or longer term trader, swing trader and not making money or killing it in the markets, then you have to read these books to understand what really goes in a trading day, which gives you clear signals whether you should be holding or selling, for whatever timeframe you are trading. This has been written by a master trader with a group of master traders, so only ignorance will stop you from becoming better, you don’t know what you don’t know, and it’s important to know what you don’t know.

As an experienced and high performance futures and options prop trader, I have read many trading books but only a few have truly impressed me and One Good Trade is one of them. One Good Trade is a simple but very powerful concept that all traders should embrace. Talking from my own experience, One Good Trade and then another Good Trade and another Good Trade is the path to become a consistently profitable trader. By the way, as you will find out when you read the book, One Good Trade does not mean necessarily a profitable trade but a trade well researched and well executed. Additionally, the book is quite easy to read with many funny prop trading anecdotes.

What does it take to be a professional prop trader? You may be surprised. Bella - the author - uses anecdotes to make the book a ripper read from start to finish. If you are already a trader, or are still learning, this book will interest you greatly. I couldn't put it down.

Anyone who is trading should read this book. Author gives valuable insight into what it takes to be a trader from the Prop firms point of view. If you are looking for specific strategies then forget it. Trading not all about strategies but more to do with psychology. If you've read Trading In the Zone by Mark Douglas then this would be great addition to that

For all new traders they will be able to relate to a few points however at times I felt he took too long to get to the point. I would still recommend the book as I too have had a slight trading slump but live to fight another day.

A personality and successful mindset like those in Mike Bellafiore is rare.

An interesting insight into the world of Prop Trading and if you care to listen to carefully a few tips as well. A good book.

Very interesting for traders.