One Shot One Kill Trading

Rating:
Summary: One Shot - One Kill Trading
Review: I am the author of the book and I wanted to share with you a little bit about myself as well as the mindset that went behind writing the book. As a trader I have always had an appetite for knowledge and to learn as much as possible about the market and then be able to share this information with others. One Shot - One Kill Trading is a byproduct of this.
The book is a compilation of ideas, anecdotes and experiences that ultimately morphed itself into a trading method that I have used to consistently make money trading. I touch on a number of things in here that I had to learn the hard way when it came to trading. I believe strongly in the basis of my method which consists of buying weakness in rising markets, selling strength in falling markets, and taking profits at predetermined price targets. The book lays out in clear terms how to do this.
Beyond understanding the methodology; understanding how to trade from abundance is just as, if not even more important. I delve into this as well because if you trade from scarcity your winning trades end up being cut too short and your losing trades end up going too long. Trading from abudance only comes when you have the confidence that you are trading with a method that works.
In order to assist anyone who reads the book and is unclear on the content, I am very open and willing to correspond with those individuals interested in learning more. I have responded to every email to date and readers often comment how surprised they are at how fast I get back to them.
I am a former Marine and the discipline and ability to function and think clearly under stress is important in trading. My Marine Corps experiences are so important to me that I am taking 100 percent of the profits from this book and donating them to the Injured Marine Semper Fi Fund. I would encourage everyone to please look into donating to this very worthy charity.
Semper Fi,
John Netto

Rating:
Summary: Promises more than it delivers
Review: 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.

Rating:
Summary: Will take you to the next level in trading
Review: 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.

Rating:
Summary: mel's review
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.



Rating:
Summary: One Shot - One Kill Trading
Review: 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


Rating:
Summary: Great ideas and great learning tools !!!
Review: John Netto seems to be a trader with one huge advance over most other traders...he has BOTH intelligence and discipline. While some of the tools that Netto uses have been around for a while, others are the breath of fresh air that I have been looking for. Furthermore, the mental concepts that he tries to teach are invaluable. His book teaches precision trading through the use of patience and preparation. I would have given this book a rating of 5, however I did feel that the flow of the information within the book could have been better structured.

With the variations of technical knowledge and tools for mental toughness that this book provides, I am more confident in my abilities as a trader. Also, Netto has embarked on a new training tool that I have never seen before. On his website, www.oneshotonekilltrading.com, Netto offers a very unique resource. His SniperScope trading platform allows you to view and hear his day-to-day trading decisions/positions in real time with real money. The whole idea is something that I am very excited about.

Rating:
Summary: Great ideas and great learning tools !!!
Review: John Netto seems to be a trader with one huge advance over most other traders...he has BOTH intelligence and discipline. While some of the tools that Netto uses have been around for a while, others are the breath of fresh air that I have been looking for. Furthermore, the mental concepts that he tries to teach are invaluable. His book teaches precision trading through the use of patience and preparation. I would have given this book a rating of 5, however I did feel that the flow of the information within the book could have been better structured.

With the variations of technical knowledge and tools for mental toughness that this book provides, I am more confident in my abilities as a trader. Also, Netto has embarked on a new training tool that I have never seen before. On his website, www.oneshotonekilltrading.com, Netto offers a very unique resource. His SniperScope trading platform allows you to view and hear his day-to-day trading decisions/positions in real time with real money. The whole idea is something that I am very excited about.

Rating:
Summary: Promises more than it delivers
Review: One of the factors that attracted me to the book was that it is written by someone who has a disciplined background (in the military). As you've probably read in every book you've ever read on trading. Discipline is an important issue. I was hoping for something around the area of discipline, but there is just the standard utterances such as control your loses. Also he claims to make a living from trading though it is unclear how much is training and how much is trading.

It covers most of the standard stuff: patterns, indicators (though he introduces some of his own) and most especially Fibonacci numbers. Several chapters concentrate on 'Fibonacci Friends' as Netto calls them. Problem is that Fibonacci numbers are a bit like astrology - either you believe in them and you use them and they work for you. Or they don't. As a trader I must confess that I have had limited success with Fibs.

About two thirds of the way through the book he introduces Netto numbers. A fancy name for making decisions based on weightings he gives to various factors. For instance he gives 10 points for patterns and so on. I've seen and used similar approaches in e-books I have purchased.

The problem with this (seemingly sensible)approach is that it assumes longer term trading. You simply don't have the time to work at this level if you are day trading with a time span of a few minutes to say 60 minutes. The author does not make clear distinctions between day and longer term trading.

Should you buy / read the book?

Yes, if you want to get a new and fairly good angle on Fibonacci numbers, newer indicators and weighted decision making.

Possibly if you want to investigate yet another variant in the hundreds of trading approaches out there.

No, if you are skeptical regarding Fibonacci numbers. At any rate the book did not change my mind.

I am giving it three stars because although it is fairly well written there are some major errors in the first few charting diagrams. These charts were very confusing.

Rating:
Summary: Must Have for Every Investor
Review: 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.