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One Good Trade: Inside the Highly Competitive World of Proprietary Trading
Books
Scam artist author, but informative book on pro traders
07/23/2011
"Mike Bellafiore runs a chop shop that rips off many traders (SMB Capital) but I have to hand it to him. He is a great author, entertaining story teller, and he doesn't BS you. He tells the truth about prop trading.... actual facts. Facts like: its an extremely tough industry, judged daily by p&l, Read more...
"1. He makes money. About once a week he will put up a blog post with a few choice picks and most of them will indeed see a large move the next day or a couple of days after. On twitter, he calls out many (not all) entries and exits and is pretty transparent with losses - he's not one of those trade Read more...
"They advertise/list 'jobs' and after the interview they inform you: 1. There is no salary. No exceptions. 2. YOU (the employee) have to pay $10,500 to 'cover training costs'. What a joke. IF YOU HAVE TO PAY TO DO IT, IT IS NOT A JOB. IT IS A SCHOOL. They take hardworking students, just out of Read more...
2 comments
"I will hand it to TraderFlorida - he does have decent, generally accepted advice that he puts out in his $STUDY tweets (Ex: ""Nothing like holding the leaders and just sitting tight - how you make the big ka-chinga's""). In my opinion, these are helpful as they are the fundamental tenets of success Read more...
2 comments
"If you want to learn trading, there is no one better. Here are several reasons: 1. Experienced both as a trader and a trading coach. Besides running his own hedge fund and trading every day (with triple digit returns for the last five years), John has personally tutored at least 30-40 people and i Read more...
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