Tuesday, May 24, 2011

One Good Trade (Highly Recommended)

I highly recommend "One Good Trade".

I am halfway through the book at the moment. The book brings you into SMB Capital - Proprietary Trading Firm in New York. The author, Mike, begins by sharing with you the personalities of the top traders in the firm. You have all kinds of different personalities who make it as a professional trader. And you will be extremely surprised by the diversity.

The next part of the book shares with you the "secrets" of trading. Essentially, Mike shares with you how the top traders train and sharpen their trading skills each day. He shares that it's all hard work and resilience. And often, top traders are compared to top athletes in the world.

Also, Mike makes the book even more interesting by bringing in real trades that some of the traders made on the trading floor. I promise you that you will get hooked onto it once you start.

But don't expect the book to teach you actual trading techniques and skills. No, there will be none of that in the book.

Three words to describe the book: Enriching, Inspiring and Awesome.

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