art of trading-combining the science of ta with reality based trading - mcdowell 2008

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art of trading-combining the science of ta with reality based trading - mcdowell 2008

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[...]... book offers you a unique opportunity to test-drive the ART technical analysis software for 30 days This way, you can see how trading the realities of the market with sound risk control and state -of- the -art software can significantly enhance your trading and investing profitability Whether you have experience with technical analysis or not, you’ll have a chance to apply these ART techniques to your own trading. .. support of The ART R of Trading and for letting her TradeStation clients know about the value of using the TradeStation platform with the ART software and system Also, thanks to Ray Fitzgerald at eSignal data services (also one of the first two platforms available for ART) for giving our clients that personal service they have come to appreciate over the years Also, I’d like to send a warmhearted thank... JWBK099 -McDowell February 20, 2008 12:49 xx Char Count= 0 INTRODUCTION Part II: Art ART is an acronym for Applied Reality Trading It is a fitting acronym since the Applied Reality Trading philosophy is built on being able to use the science of technical analysis and combine it with the art of your unique financial approach Each of us has a different belief system that affects the way that we look at the. .. FREE TRIAL OF THE ART SOFTWARE Each of you reading this book may select a different ART platform, which may provide you with a different data feed to use with your free 30-day trial of the ART software It is important for you to understand that due to very slight variations on data supply from each of the data suppliers available to you, if you ran two different platforms side by side on the same market... fundamentals with ART You will decide what is right for you, and this book is designed to bring you up to speed in trading with ART R and technical analysis If you have never used technical analysis and charts to make better entry and exit choices, there is no time like the present! This book, The ART of Trading, gives you everything you need to get started Enjoy the benefits of reality- based trading. .. a ton of money later! The most successful traders fully understand this concept, accept it, believe it, and implement it They trade based on the current reality in the market versus the fantasy Master traders grasp the concept of risk and probabilities in trading They recognize and respect the concept of money management and stop-loss setting In addition, they understand that trading is both a science. .. February 20, 2008 12:49 Char Count= 0 xxi Introduction ALL CHARTS IN THIS BOOK WERE CREATED WITH THE eSIGNAL ART PLATFORM Unless otherwise noted, all ART charts shown throughout this book were created using the eSignal ART platform These charts are used here with the permission of eSignal You will note various icons such as triangles, squares, and diamond shapes on these charts Generally, all of the ART platforms... will take the guess work out of your finances This introduction outlines briefly how the book is laid out and what the companion DVD video program will do to help you with your trading and investing O APPLIED REALITY TRADING IS KNOWN AS ART The ART R of Trading will introduce you to a new way of trading and investing with a technical analysis system called Applied Reality Trading Also known as ART, this... each of the figures This reference will be of use for all TradersCoach.com subscribers fm JWBK099 -McDowell xxii February 20, 2008 12:49 Char Count= 0 INTRODUCTION Hopefully, this introduction has given you a brief understanding of The ART of Trading I’d like to personally welcome you to the world of realitybased trading If you have any questions or comments as you journey along The ART of Trading, ... JWBK099 -McDowell February 11, 2008 7:56 Char Count= CHAPTER 1 It’s All About Reality REALITY -BASED TRADING AND INVESTING Applied Reality Trading ART is all about reality The foundation of this technical analysis system and software is built on the realities of the market—price and volume—and the entire philosophy is centered on facing the honest truth about your money and the markets Now, reality can be an elusive . alt="" fm JWBK099 -McDowell February 20, 2008 12:49 Char Count= 0 The ART R  of Trading Combining the Science of Technical Analysis with the Art of Reality- Based Trading ® BENNETT A. McDOWELL John. JWBK099 -McDowell February 20, 2008 12:49 Char Count= 0 iv fm JWBK099 -McDowell February 20, 2008 12:49 Char Count= 0 The ART R  of Trading Combining the Science of Technical Analysis with the Art of. trading: combining the science of technical analysis with the art of reality based trading / Bennett McDowell. p. cm. – (Wiley trading series) Includes index. ISBN 97 8-0 -4 7 0-1 877 2-2 (cloth/dvd) 1.

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  • The ART of Trading: Combining the Science of Technical Analysis with the Art of Reality-Based Trading

    • Contents

    • Foreword

    • Preface

    • Acknowledgments

    • Disclaimer

    • Introduction

      • APPLIED REALITY TRADING IS KNOWN AS ART

      • REVOLUTIONARY LEARNING EXPERIENCE

      • THE “ART PIE”

      • LAYOUT OF THIS BOOK AND DVD VIDEO

      • ALL CHARTS IN THIS BOOK WERE CREATED WITH THE eSIGNAL ART PLATFORM

      • A NOTE ABOUT DATA FEEDS AND YOUR 30-DAY FREE TRIAL OF THE ART SOFTWARE

      • Part I: Reality

        • Chapter 1: It’s All About Reality

          • REALITY-BASED TRADING AND INVESTING

          • TAKE ART FOR A TEST DRIVE!

          • YOUR THOUGHTS CREATE YOUR REALITY

          • THE IMPORTANCE OF THOUGHTS

          • IT ALL STARTS WITH A THOUGHT!

          • LIVE MARKET DATA

          • Chapter 2: The Reality of Price and Volume

            • WHY ARE PRICE AND VOLUME REALITY?

            • THE CASE FOR SIMPLICITY IN A TRADING SYSTEM

            • DANGEROUS OPINIONS AND INDICATORS: A WORD ABOUT MACD AND STOCHASTICS

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