One Good Trade

One Good Trade by Mike Bellafiore examines the habits and working methods of professional proprietary traders. Drawing on experiences from his firm’s trading floor, Bellafiore emphasizes preparation, disciplined execution and reviewing decisions rather than judging a process by the profit from a single trade. The book explores tape reading, identifying a personal trading edge and following clear risk limits. It also considers mentoring, handling drawdowns, reviewing performance and increasing position sizes with care. The examples present active trading as a craft that requires sustained practice and accountability. It suits day traders who want to develop a more structured routine and learn how a professional trading desk approaches execution. It connects well with our guides on trading systems, trading psychology and risk management.