"One Good Trade" by Mike Bellafiore: a look at the real life of a professional trader 📖

Bellafiore, co-founder of the proprietary trading firm SMB Capital, shows that trading is not about quick money, but rather discipline and continuous learning.

❗️ What important lessons can be learned from the book?

▪️ Trading is a process. One successful trade will not make you successful, but the right decisions can lead you to profit.

▪️ Learn to think like a professional. You must see the market objectively and not succumb to impulsive decisions.

▪️ The market is a game of probabilities. The best traders also make mistakes, but their success lies in their ability to limit losses and maximize gains from successful trades.

▪️ Discipline is key. If you don’t have a clear plan and trade chaotically, sooner or later the market will punish you.

▪️ The key to profit is not the number of trades, but their quality.

📌 Your goal is not to guess the market, but to make one good trade after another.