Books : The ART of Trading: Combining the Science of Technical Analysis with the Art of Reality-Based Trading (Wiley Trading)
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- A Concept Worth Further InvestigationThe book is easy to read and the concepts are not difficult to understand. I have not had a chance to try the 30 evaluation yet but will soon.
I received an email Friday from TradersCoach.com with an example of a DOW chart. Bennett said the DOW could drop another 1000 points soon. Today, Monday the DOW was down 800 points at one point.
Rating:
- The art rather than the luck of tradingI am a veteran of trading for more than 30+ years. I have never been a passive investor I am hands-on and a former member of the NYSE, ASE, CBOE, PHLX etc.
I have studied this industry through all of my successes and travails, always seeking new insight.
It is my opinion that The Art of Trading affords the readers a new, relevant look into trading that will benefit all. I am not going to say it is the Holy Grail but than again that is pure fancy.
It is attached to a software product that offers a 15 day trial.
JAC
Rating:
- Best Trading Book I have ReadIt is written in layman words & is a very easy read.
The nice thing is it comes with a 30 free trial to the system, which I am looking forward to.
It explains the ART System clearly & precisely & gives excellent recommendations for implementing the strategies. It gives precise Entry, Exit, Stops & Targets, & explains how these have more meaning in real time not after the fact as most indicators do.
Not only does it explain the System, but gives comprehensive instruction to handle the psychology of the market & ones own personality.
A simple & straight forward approach on how to succeed in the markets long term. Well thought out, with plenty of insight to money management & preparing a trading plan.
A very useful book, giving a complete, reliable & straight forward approach to trading in any time frame or any style.
Thanks Bennett.
Rating:
- Trading with reality, not wishesThis book was very organized and well written. Although the ART software that is referenced in the book is proprietary, the book has abundant and generally useful information on the business and art of trading. The sections on calculating trade size and setting stops are extremely valuable as well as the information on determining what kind of a trader you are (i.e. position trader, day trader, scalper etc.) along with the types of markets to choose.
I highly recommend this book to anyone who wants to get a fundamental understanding of trading and to establish their trading practice on a firm foundation. The outcome of reading the book, for me, was to undertake an evaluation of the ART software as a TradStation plugin.
Happy Trading!
Rating:
- Complete Trading SystemBennett consolidates his many years of experience to provide a high-level reference for traders. The book refers to the components of a successful methodology as pieces of a pie. For long-term success as a trader, complete and thorough coverage of all are necessary. The chapter on creating a business plan and identifying your own trading "style" are especially good.
The book and DVD videos cover all aspects of the ART methodology. The use of notes directly on the charts provides clarity that is often not found in other books which have you flipping pages to get back to an illustration.
As a user of the software, I found that the coverage of all trading styles to be very useful. Markets go through various periods and different approaches are needed. Bennett covers the ART techniques for trading bracketed, trending and counter-trending markets, as well as scalping.
This book is a very welcome addition to my library.
