Description
One Good Trade: Inside the Highly Competitive World of Proprietary Trading is a weapon that a trader should arm himself with before going to the battlefield – the financial market and win the ultimate battle – trading.
Mike Bellafiore lays down his armor in trading in this book. He gives away the principles and strategies that get him through the harsh and highly volatile market throughout his trading career. He tells all this by narrating how he shared those techniques to a group of individuals that he shared his company with. After reading this book, traders will arrive at the following realizations:
- Develop the skills that are crucial to successful trading which include the qualities that constitute a “One Good Trade”;
- Identify key characteristics that separate a profitable trader from an underperforming trader; and,
- Learn from the stories of traders who became successful and those who lost the game of trading and the reasons behind their success and failure.
About the Author
Mike Bellafiore is one of the founders of SMB Capital, a proprietary trading company established in New York. He has been a contributor to numerous publications, including RealMoney of thestreet.com and SFO magazine. His works, particularly his developed trading strategies, were featured in The Daily Trading Coach, a book written by Brett Steenbarger.
Table of Contents
The book contains the following contents:
PART I Inside a Prop Trading Firm
CHAPTER 1 These Guys Are Good
CHAPTER 2 One Good Trade
CHAPTER 3 A Good Fit
PART II Tools of Success
CHAPTER 4 Pyramid of Success
CHAPTER 5 Why Traders Fail
CHAPTER 6 Live to Play Another Day
PART III Getting Technical
CHAPTER 7 Stocks In Play
CHAPTER 8 Reading the Tape
CHAPTER 9 Maximizing Your Profits with Scoring
PART IV The Trader’s Brain
CHAPTER 10 Trader Education
CHAPTER 11 The Best Teacher
CHAPTER 12 Adapt to the Markets
CHAPTER 13 The Successful Trader
Bibliography
About the Author
Index