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ART of Trading: Combining the Science of Technical Analysis With the Art of Reality-Based Trading

ART of Trading: Combining the Science of Technical Analysis With the Art of Reality-Based Trading

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A comprehensive, all-in-one resource for building a successful trading system

In the newly revised second edition of The ART of Trading: A Complete Approach for Traders and Investors in the Financial Markets, veteran trader and bestselling author Bennett McDowell delivers an intuitive and comprehensive system for trading success. In the book, you'll learn the trading rules, risk management techniques, mindsets, and trade debriefing strategies you need to master the markets and enjoy market-beating returns.

The author explains how to identify intelligent entry and exit opportunities, as well as trade management strategies, trading psychology insights, and more. He also outlines:

  • How to design, test, and apply your own custom system of trading rules
  • How to avoid the twin traps of fear and greed that poison the returns of so many unwary traders
  • How to create a sound and effective risk control system that protects you against catastrophic losses without limiting your ability to find profitable opportunities

An outstanding, all-in-one resource for day traders, retail investors, and fund managers, The ART of Trading walks you through every relevant aspect of building a winning trading strategy.

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About the Book

Praise for ART of Fair Trading

"McDowell's reality-based trading plan is fully disclosed in this book covering technical analysis, money management, risk control, paper trading, and the psychology of trading . . . everything a serious trader or investor needs. It's a well thought-out strategy and certainly worth the investment."
--Julie Craig, Vice President, eSignal

"McDowell shares his trading techniques using the ART(R) trading system that helps you identify the direction of the market and provides entry points as well as an exit strategy with stops to minimize losses and maximize gains. This book does not overwhelm you with massive technical jargon but gives you a simplified approach. Clearly, this is a trading book worth reading for any serious trader."
--Larry Jacobs, Editor, Traders World magazine

"This book is the most comprehensive introduction to developing a trading system I have ever seen. It's a thorough explanation of how to trade a wonderful software package, ART, which I have been using for four years. This is my idea of fun!"
--Philip Pitts, ART(R) Trader

"Here is a book that teaches you about trading from the heart and mind of a professional trader. Bennett McDowell has successfully combined the ART and SCIENCE of trading in a well thought-out, structured approach. Focusing on the essentials that a trader needs to deal with, this book will provide an edge for today's trader. I highly recommend The ART(R) of Trading as a model for all aspiring and experienced traders alike."
--Sandy Jadeja, Chief Market Strategist and Editor, London Stock Exchange

"This is the kind of book that fires my personal testing ideas; it features simpleconcepts explained in a straightforward manner. The theories lead to pragmatic systems that can be used in turnkey fashion or modified according to the reader's discretion. I anticipate many happy hours in the research lab."
--Art Collins, author, trader, and Contributor to Futures magazine

An expert in the field of finance reveals his proven trading system
As a trading coach and financial advisor, Bennett McDowell has used his own proprietary trading system--Applied Reality Trading or ART to enhance the performance of his clients' portfolios. Now McDowell outlines the unique benefits of his system and makes the case for trading the reality--not the fantasy--of financial markets. Readers will discover the importance of simplicity in a trading approach; how to develop "The Trader's Mindset;" how to use ART(r) technical analysis software; and much more. The ART of Trading will enlighten readers in how to use reality to enrich both their financial portfolio and their own financial psychology.


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Product Details
  • ISBN-13: 9780470187722
  • Publisher: John Wiley and Sons Ltd
  • Binding: HARDCOVER
  • Edition: HAR/DVD
  • Language: English
  • Returnable: N
  • Spine Width: 30 mm
  • Weight: 522 gr
  • ISBN-10: 0470187727
  • Publisher Date: 01 Apr 2008
  • Depth: 25
  • Height: 235 mm
  • No of Pages: 295
  • Series Title: Wiley Trading
  • Sub Title: Combining the Science of Technical Analysis With the Art of Reality-Based Trading
  • Width: 165 mm


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