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 he has mastered in the marketplace. In One Shot-One Kill Trading, Netto explains in detail his complete, proprietary One Shot – One Kill Trading Method.
Introduction:
In my career, I have had many profitable days of trading, as well as days that were not so good, but the method I used to enter this trade is the same style I use to trade for a living. Being ready to execute on these types of setups, at major inflection points in the market, days in advance, is what this book will teach you to do. I was there that day with a plan of attack and executed on it, walking away with a sizeable gain by going short at the open, and adding to the winning position, until it hit my price target.
One Shot – One Kill will walk you through all of the necessary components of the method to systematically and tactically make trades like the one described above. This book provides real-life examples of how to apply this method. Regardless of your skill level now, this book will make sure that when you finish reading you will have a solid understanding of what components are necessary to properly execute on these types of setups.
While it may seem sexier to get straight to the trades, building a solid foundation is critical to successful trading, as it is to every successful business endeavor. This book is set up to cover all of the important aspects of trading this method: from screen setups, software, and brokerage accounts in Chapter 1, to walking-through a real-time trade in Chapter 12. I even go as far as to discuss taxation guidelines and information specifically for traders.
The use of Netto Numbers is something that is a critical component to the One Shot – One Kill Method, as it is the Netto Number itself which helps you ascertain how strong or weak a prospective trade candidate is. A trade setup based on a Netto Number is made up of a total of 30 points, with the chart formation accounting for 10 of those points, the Fibonacci levels accounting for another 10, and ancillary technical indicators accounting for the last 10. Chapters 2 through 4 will go over the 30 points and provide the basis for tabulating and creating a Netto Number. As mentioned throughout the book, Netto Numbers serve as a redundant means to help you buy weakness in rising markets and sell strength in falling markets while taking profits at predetermined price targets. The best Netto Numbers for long positions will usually be stocks that have made new highs and have a short-term pullback; for shorts, that would be stocks that have made new lows and have put in a modest bounce.
Netto Numbers are to the One Shot – One Kill Method what a foundation is to a fortress. That is to say, Netto Numbers dictate entry and allocation, while the One Shot – One Kill Method deals with everything from adding into winning positions through the Money Management Matrix to understanding your comfort level. With that being said, the more experienced traders out there may be able to skim through some of the early chapters. Nevertheless, it is still incumbent upon you to have a clear understanding of all of the components that go into this method, so that by the time the book progresses to the more advanced material you will have a solid foundation from which to work.
Contents:
- Importance of Ease of Operation
- Technical Analysis Indicators: Weapons of War
- Profitable Chart Formations
- Fibonacci Levels: The Basis of Price Targets
- Profiting with Inflection Points
- Going Short: Profiting from Those Less Able
- Trade Preparation: Using the One Shot –One Kill Method
- Dynamics of a Trading Day: Where to Focus
- Entry Techniques: Knowing When to Strike
- How to Exit a Trade, Lock in Profits, and Limit Losses
- The Importance of Eliminating Mistakes
- Making A Real-Time Trade One Shot – One Kill: From the Chalkboard to the Battlefield
- Implementing the One Shot – One Kill Method into Your Trading
One Shot One Kill Trading By John Netto pdf
Avah West (verified owner) –
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, […] 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.
Zain Horn (verified owner) –
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.
Rayna Bridges (verified owner) –
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.
Itzel Rojas (verified owner) –
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.
Aden Leon (verified owner) –
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.
Amora Shah (verified owner) –
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.
Mohammed Beil (verified owner) –
John, clearly you are one of the brilliant accomplished (proven) traders.
I read your book and the Schwager (Wizard) interview.
You very successfully continued to evolve your trading process.
Could you update us on some issues not discussed in Jack Schwagers book? I hope you can please indulge the following questions (and thank you):
For example, although you mentioned 3% risk in this book (for some traders) what is the risk per trade you take and have during the 10 years track record from 2010-2019?
How many positions do you typically hold at once?
What is your typical holding period?
What metric do you use to measure exposure and risk (however you define it)?
How much will you hold of risk (or expsoure) for each instrument (per position) and for the whole portfolio?
Do you have a maximum % stop for the account each day, or maximum % exposure each day?
How many trades per day, or month, is typical?
What question would you ask of a successful asset manager?
Diego McDowell (verified owner) –
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 ([…]) 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.