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One Good Trade Audiobook

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

Regular Price:£10.09
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Publisher's Summary

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 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.

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.

Download the accompanying reference guide.

©2010 Mike Bellafiore (P)2012 Audible, Inc.

What Members Say

Average Customer Rating

4.4 (26 )
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4.2 (21 )
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Performance
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  • Manfred Collingsworth
    Connecticut
    18/05/16
    Overall
    Performance
    Story
    "This book is more of an advertisement for their services"

    I actually looked up the authors company and read about what employees current and past had to say. Basically they said that he hasn't made money since the Internet boom, and the objective of the firm and this book is to sell their training courses and various other things they market. Well I don't think that's fair since there are some good insights in the book, it is clear that it is more an advertisement than anything else. In addition they keep talking about how much money they make and how great they are, and they don't mention that any trader who works for them basically has to put up a lot of their own money to participate 50-50 with the firm. I would be very suspect,I much prefer market wizards or reminiscences of the stock operator if you're really trying to learn how to trade.

    4 of 4 people found this review helpful
  • beth
    09/03/16
    Overall
    Performance
    Story
    "A must read for all traders"

    a deeper look into the performance aspect of trading, and not just the heady stuff. very well written, and encouraging. all of the sports anecdotes really drive home the fact that trading is very much a performance based "sport!" I will read it a second time and move on to The Playbook.

    2 of 2 people found this review helpful
  • Greg
    Lake Charles, LA, United States
    29/10/12
    Overall
    Performance
    Story
    "Great book for any trader!"
    What made the experience of listening to One Good Trade the most enjoyable?

    I really liked how the author would convey learning topics with real-life examples in the form of stories. He used actual people's hard learned lessons to teach the reader some things to do and some things not to do. The stories had depth and meaning and were enjoyable to listen to.


    What did you like best about this story?

    I liked how real the entire book felt. I feel like I now know Bella and Steve like they were my personal mentors. I feel like I could walk up to any person mentioned in the book and strike up a conversation like we were best buds from college. Most books on the stock market are very dry and hard to stay interested in but not "One Good Trade"! Out of the dozens of Trading books I have read/listened to this one is by far my favorite.


    Which scene was your favorite?

    Although it is hard to talk about an actual scene in this book I would have to say I liked how Bella would describe the different traders and their trading style. It was helpful for me to hear how different people had different styles of trading and what worked best for them.


    If you were to make a film of this book, what would be the tag line be?

    One Good Trade!


    Any additional comments?

    Great book, really one of the best books about trading out there. It has just enough teaching as it does story telling to keep me interested and coming back for more. I have listened to this book prolly 6-7 times in its entirety. It is that good.

    8 of 10 people found this review helpful
  • Nathan
    21/07/16
    Overall
    Performance
    Story
    "Must Read"

    If you have any interest in joining a PROFESSIONAL Prop firm, this book should be required reading, on my way now to pick up Bella's 2nd book, "The Playbook"

    1 of 1 people found this review helpful
  • Destination Fit
    Austin, TX United States
    03/06/16
    Overall
    Performance
    Story
    "inspirational but no real content"

    kept expecting they would teach something about trading. seems to just promotes joining a prop firm's training program.

    1 of 1 people found this review helpful
  • SAMI
    01/06/16
    Overall
    Performance
    Story
    "You will not gain any Knowledge from this book"
    What could have made this a 4 or 5-star listening experience for you?

    Give me something to grasp. Everything is hypothetical, and do this , and do that.
    This book was written, so the guy can say " i wrote a book ". Its filled with empty content.


    1 of 1 people found this review helpful
  • William Thompson Jr.
    03/05/16
    Overall
    Performance
    Story
    "A "kick in the pants" motivator. Truly inspiring."

    I loved it and will be listening again and again. Taught me the nuts and bolts of thinking like a real, active professional trader.

    1 of 1 people found this review helpful
  • Tara
    23/03/15
    Overall
    Performance
    Story
    "Every trader should read this, builds a great base"

    Great book for the developing trader, let this be the first book you read on trading if you want to be serious about. Teaches psychology, skills and history.

    1 of 1 people found this review helpful
  • Michael
    17/11/16
    Overall
    "Best trading book I've ever read..."

    and I've read many! Tremendous Insight on what it takes to be a successful professional trader.

    0 of 0 people found this review helpful
  • sixtiesdad
    New York
    31/12/15
    Overall
    Performance
    Story
    "Great for a very specific reader..."
    Would you recommend this book to a friend? Why or why not?

    I'd recommend it to someone considering a career in trading, but no one else.


    What aspect of Kevin Foley’s performance would you have changed?

    The narration was alright, but the author should have hired an editor to improve on his language skills in many places. It doesn't surprise me though, that he did not. See the additional comments.


    Do you think One Good Trade needs a follow-up book? Why or why not?

    Not really


    Any additional comments?

    I'm a forex trader who's put in his three losing years and am now finally enjoying success. This book is exactly what I need right now, and I plan to play it over and over again while waiting for my setups to play out. Lots of good tips, but does this guy have any idea how full of himself he is? I don't care how much money he's made or how experienced or successful he is. Nobody wants to hear this many hours of a guy telling us how great he is. And then he criticizes many of his hires that don't make it because of their arrogance and ego? Physician, heal thyself!

    0 of 0 people found this review helpful

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