The PlayBook: An Inside Look at How to Think Like a Professional Trader

Want to become a truly great trader – either for yourself or for a proprietary trading firm? This book will help you get there. This unique approach is the closest thing to signing up for a “trader boot camp” yourself! You’ll learn by watching new traders walk through actual trades, explain what they’ve tried to do, and try to survive brutally tough expert critiques. One trade at a time, The Playbook reveals how professional traders must think in order to succeed “under fire,” how they assess their own performance, and how they work relentlessly to improve. Using concrete, actionable setups drawn from his extensive trading and training experience, Bellafiore walks through an extraordinary array of trades, showing readers how to maximize profits and avoid disastrous hidden pitfalls. He covers support plays, bull-and-bear flags, opening drives, important intraday levels, bounce and fade trades, pullbacks, scalps, technical opportunities, consolidation, relative strength, market trades, and more. He also presents indispensable insights on psychology and trader development, based on his work with hundreds of traders on a major commodity exchange and an elite prop firm’s trading desk. Packed with color, personality, and realism, this is an exciting guide to real-world trading.

• Price Action Breakdown: Exclusive Price Action Trading Approach to Financial Markets
• 50 Pips A Day Forex Strategy
• The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading Psychologist (Wiley Trading Book 399)
• Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard
• Reminiscences of a Stock Operator
• How to Day Trade for a Living: Tools, Tactics, Money Management, Discipline and Trading Psychology
• Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading
• Mastering the Trade, Second Edition: Proven Techniques for Profiting from Intraday and Swing Trading Setups
• Trading Psychology 2.0: From Best Practices to Best Processes (Wiley Trading)
• Markets in Profile: Profiting from the Auction Process (Wiley Trading Book 278)