Bennett McDowell of Applied Reality Trading, Part 2
Click here to access Part 2 of our conversation with Bennett McDowell, founder of TradersCoach® and author of The ART of Trading
and A Trader’s Money Management System.
Last week, in Part 1 of our conversation with Bennett, we talked about the basics of his approach to trading, specifically on the difference between trading systems that are based on forecasting and those based on actual price action. Emphasizing the ART approach as an example of the latter, Bennett noted how forecasting based systems and analysis can work cooperatively with ART trading.
In Part 2 of our Big Saturday Interview, we look at specific technical indicators and strategies – including a unique method for using the RSI that traders will likely find interesting. We also discussed the importance of risk control, the wisdom of building risk control into the very fabric of the trade, and why confidence and practice are key to trading success.
We hope you enjoy Part 2 of our Big Saturday Interview: Bennett McDowell of Applied Reality Trading!