One Shot One Kill Trading

By John Netto

Book Overview

John Netto, a former U.S. Marine, designed his "One Shot-One Kill" trading methodology to leverage the patience, discipline, and execution skills he learned in the military with the technical skills... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0071427945
• ISBN13: 9780071427944
• Release Date: February 2004
• Publisher: McGraw-Hill
• Length: 320 Pages
• Weight: 1.45 lbs.
• Dimensions: 9.0" x 1.1" x 6.3"

Customer Reviews

Excellent book with practical applications, not just theory

Apart from the occassional typo this book is fantastic. Not only does it expertly explain Fibonacci expansions and retracements, but it also clearly outlines how to use them. John Netto also does a great job in utilizing a multitude of indicators to identify key pivot points. I have found that his choice fo the 15 adnd 39 day MAs work much better than the standard MAs of 20 and 50. I highly recommend this book for anyone who wants to actually "make money" trading.

mel's review

I found One Shot - One Kill Trading to be a breath of fresh air rounding out a number of intuitions that I had about the market. I did find a few things as well about the book that were perplexing, and I had to reread a couple of times before I really understood the point that Netto was trying to convey, in particular his Netto Numbers. What I liked the most about the book was the fairly straightforward explanation of how he gets into positions and how he trades. In this regard, the book is very powerful...I have found that since using parts of his method in my own trading that when I get in, I am usually up money in the trade and can take profits as opposed to being down right away which is a problem I had been dealing with. I have used Fibonacci numbers off and on for some time and I must say the book did a great job of explaining how to use his Fibonacci friends to enter positions. Netto puts a different twist on Fib Numbers in Chapter five of trading inflection points that I have never come across. I was able to correspond with him via email from his site (www.osoktrading.com) and actually had a nice phone call with him as well where he reinforced the concepts in this book. I have to say, I never expected that he would be so responsive and I thought he might try to sell me something, but he was very approachable and I felt he genuinely wanted me to succeed as a trader. Like every book though, there were some drawbacks and I wish the charts in this book could have been a little more seamless to use as they were not as user friendly as they could have been. With that said, this is one of the best trading books I have read because it presents a trading plan that is easy to understand and is grounded in some solid trading advice and based on my own personal results has improved.

One Shot - One Kill Trading

I have fortunately read numerous books on trading as well as technical and fundamental analysis and I have no doubt that each book has contributed to my current knowledge of and interest in trading the markets. Unfortunately (I am not blaming the books), they all left me looking for more guidance in formulating a trading strategy. John Netto's book appealed to my burning need to develop a coherent trading strategy. John's writing style makes his book easy to read without becoming too technical to grasp the underlying principles. This is a book that will reveal more each time it is read and it certainly needs to be read more than once if the reader is to benefit from John's approach to trading. My only regret is that I did not read this book a lot earlier in my quest for knowledge of trading systems. Are there better books on trading? - If you like lots of technical detail, the answer is probably yes! However few books are going to provide the required level of detail with a workable trading plan all written in an easy to read style. The final point I wish to make is that, thanks to the power of the internet and John's willingness, I was able to clarify an issue on the Detrended Oscillator. John responded to my query within an hour! www.osoktrading.com

Must Have for Every Investor

Whether you have just started investing or have been at it for a while, this book has techniques and concepts that will make you money and protect your capital. His initial comments encourage the reader to grab a highlighter, pen, and pencil and actively mark up the book, making it an interactive tool to be questioned, tested, and tailored to your individual situation. How many times have you been right about a move but wrong about the time and had to close a position only to see it do what you thought it would within days? Mr. Netto has developed a comprehensive "plan of attack" that maximizes reward potential while minimizing risk. His capital allocation method compounds on letting winners run and cutting losers off at the knees. The techniques and strategies Mr. Netto uses are scalable for day traders, swing traders, and long-term investors. I recommend reading it a minimum of three times: the first time to get the concepts, the second to glean the gems that you missed, and the third time to begin building a comprehensive investing/trading plan.

Will take you to the next level in trading

Finally a book that anyone from the novice to advanced trader can benefit from. This book has helped me elevate my technical analysis skills in identifying specific price targets in a way that is almost uncanny. Perhaps one of the most important elements of trading is money management. Mr. Netto's explanation of this all important aspect of trading makes his book invaluable to all traders. This book is straightforward, easy to understand and will pay for itself in your first few trades.