| The ART of Trading: Combining the Science of Technical Analysis with the Art of Reality-Based Trading (Wiley Trading) | 
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Avg. Customer Rating:   (based on 7 reviews)
Sales Rank: 43621
Category: Book
Author: Bennett A. Mcdowell
Publisher: Wiley
Studio: Wiley
Manufacturer: Wiley
Label: Wiley
Media: Hardcover
Edition: Har/DVD
Number Of Items: 1
Pages: 296
Shipping Weight (lbs): 1.2
Dimensions (in): 9.3 x 6.3 x 1.3
ISBN: 0470187727
Dewey Decimal Number: 332.632042
EAN: 9780470187722
ASIN: 0470187727
Publication Date: April 25, 2008
Availability: Usually ships in 1-2 business days
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Product Description
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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| Customer Reviews: Read 2 more reviews...
 Buy the book only if you are buying the Software June 16, 2008
5 out of 7 found this review helpful
What I liked about the book is that it covers all the various aspects of trading, from psychology to money management and explains the true realities of the markets which are price and volume. In his book, McDowell does not lull readers into thinking ART is a "get rick fast" trading system and instead instills the notion of strict risk control and discipline, essentially helping readers to learn how to trade in a market where odds are against traders.
The down side is that the trading ideas in the book are applicable for his software only. Therefore unless you purchase the software, the majority of the book is pretty much just nice to read but not that useful.
 Read The Book, Learn The Method, Apply The Concepts and Enjoy It April 29, 2008
3 out of 5 found this review helpful
If you are a novice trader you can really benefit from Bennett McDowell's methodical approach to trading explained in "The ART of Trading". If you are an experienced trader and open to new ideas, this book can give you a new edge.
Bennett McDowell's method helps the trader add structure to his/her trading skills. The book also addresses the power of psychology. How everyone reacts to the financial market is a function of their psychology and Bennett McDowell helps us discover that dimension.
What I also liked about "The Art of Trading" is that Bennett McDowell does not promise the reader the Holy Grail with a "get rich quick" type of recipe. Trading needs to be treated with the utmost discipline, rigor, passion, and needless to mention lots of work. Trading is like playing a musical instrument. The more you play and practice, the more you learn, the better you perform.
This book and Bennett's approach to trading has helped me improve my trading skills and has given me the peace of mind that I need to become a better trader.
Explains a proven method for success in the stock market April 29, 2008
2 out of 3 found this review helpful
This book is very detailed and through and explains the value of how price and volume are the true realities of any market. I learned a great deal about the benefits of technical analysis and how to apply it. As an investor, the ART Software helps to identify trending markets and identifies buying opportunities, as well as, when the trend has finished and it is time to sell. Using risk control and how to apply it is also explained with clarity and detail. I learned a great deal from this book and therefore I highly recommend it.
For Traders, this book is a must! April 28, 2008
2 out of 5 found this review helpful
If you are a trader, his book is a must! You will learn the many necessary facets needed to win in trading. From money management and risk control to the science of reality based trading this book has it all. It also comes with a neat DVD and a free software trial. I highly recommend this book to all traders!
The Art Of Trading April 28, 2008
2 out of 3 found this review helpful
This is a great book for novice and experienced traders, and everyone in between. The concepts and techniques of McDowell's reality-based trading make sense and will go a long way towards helping me achieve my financial goals. The use of strict risk control on every trade, the importance of how to set stops based upon market realities, and the section on trading psychology were very interesting. The book comes with a DVD that includes color charts and videos that help clearly explain his system. You can also try the trading software called "The Applied Reality Trading or ART Trading Software" for free.
You will like this book.
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