Reformed Broker Reviews One Good Trade

Joshua Brown from the Reformed Broker believes One Good Trade by Mike Bellafiore, currently the number one trading booking in the country, is more than just a trading book. He says the book is about process, the value of focusing on methodology in your daily tasks and allowing the end results to take care of themselves. Read the full review … Read More

Book Review of One Good Trade from CrossHairsTrader

CrossHairsTrader wrote this thorough review of One Good Trade: Inside the Highly Competitive World of Proprietary Trading (Wiley Trading): When I assess the quality of a book I ask myself four questions: 1. Did the author teach me something I did not already know? 2. Did the author reinforce much of what I already know? 3. Did the author leave … Read More

One Good Trade: The Prequel

“You have to have an idea of what you are going to do, but it should be a vague idea.” Pablo Picasso SMB Capital started as just an idea. “Hey what if we focused on building an elite training program for new traders. The markets are much more complicated than when we began,” pitched a future co-founder. Then two experienced … Read More

Book Review One Good Trade by Dr. Steenbarger @ Seeking Alpha

Dr. Steenbarger, author of the The Daily Trading Coach, reviews One Good Trade: Inside the Highly Competitive World of Proprietary Trading (Wiley Trading) in this article at Seeking Alpha. From Dr. Steenbarger: Prop trading firms have traditionally been quite secretive about what they do and how they do it. Mike has lifted that lid, offering a variety of lessons that … Read More

One Good Trade Hits the Shelves

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

Ten Mistakes by BP a Trader Should Never Make

1. No Exit Plan.  There was no exit plan for if the rig (RIG?) exploded.  Before every trade we must decide where and how we will exit BEFORE entering the trade. 2. Live to Play Another Day.  It is not definitive that BP is a viable company going forward even with 6.08 Billion in quarterly profits.  1) When will the … Read More