One Good Trade
Inside the Highly Competitive World of Proprietary Trading
Mike Bellafiore
One Good Trade approaches trading as professional skill development rather than a search for predictions. Mike Bellafiore uses the environment of a proprietary trading desk to explore preparation, discipline, stocks in play, execution, tape reading, deliberate practice and the habits that separate improving traders from traders who repeatedly make the same mistakes.
ChartClub editorial
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Listed in the ChartClub Directory.
Listing facts checked 2026-10-09.
- Author
- Mike Bellafiore
- Audience
- Intermediate
- Publisher
- John Wiley & Sons
- Year
- 2010
- Pages
- 368
Key takeaways
- Judge trade quality by process rather than P&L alone.
- Preparation and deliberate practice are trainable skills.
- Identify repeated weaknesses instead of rationalizing them.
- Execution and discipline matter alongside setup selection.
- Long-term development requires adaptation and structured review.
Tags
- day-trading
- process
- discipline
- stocks-in-play
- tape-reading
- execution
- deliberate-practice
- prop-trading
- proprietary-trading
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