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| Customer Reviews: | | Average Customer Review:
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6 of 9 found the following review helpful:
 Excellent book with practical applications, not just theory May 31, 2006
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.
10 of 12 found the following review helpful:
mel's review Feb 08, 2005
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.
7 of 8 found the following review helpful:
One Shot - One Kill Trading Jan 16, 2005
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
10 of 13 found the following review helpful:
 One Shot - One Kill Trading Jan 15, 2005
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
5 of 10 found the following review helpful:
Must Have for Every Investor Oct 28, 2004
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.
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