A Trader's Money Management System How to Ensure Profit and Avoid the Risk of Ruin

Praise for A Trader's Money Management System"I am pleased to strongly recommend this excellent book, A Trader's Money Management System. If you are picking up this book, congratulations, since you have taken the first steps in following in the footsteps (by using proper money management) of successful traders." Steve Nison, President, Candlecharts.com, and author of Japanese Candlestick Charting Techniques"Bennett McDowell demystifies money management for traders in his new book. With these simple, time-tested strategies, a trader will decrease the time it will take to become profitable." Adrienne Toghraie, President, TradingOnTarget.com"Bennett McDowell does traders a HUGE favor in this valuable book by emphasizing the extreme importance of risk control and its vital place in a sound trading plan. Further, he provides knowledge of and access to specific tools, which enable the trader to implement his ideas simply and effectively. His simple straightforward treatment of a complex and often boring subject is a breath of fresh air and a worthwhilecontribution to this important element so crucial to the achievement of successful trading results." Edward D. Dobson, President, Traders Press Inc.The best-kept secret to trading success: money managementMoney management may very well be the most important piece of the trading puzzle. In A Trader's Money Management System, expert Bennett McDowell provides time-tested techniques that can turn a losing trader into a winning oneand take the winning trader to an entirely new level. In revealing his personal approach to staying out of trouble in the financial markets and maximizing profits, he offers comprehensive insights into:The psychology of risk control as well as the finer aspects of setting stop-loss exitsThe value of managing trade size and consistent record keepingThe process of putting together your own personal money management systemUnlike other books that focus on the complex mathematical theories behind money management, this book presents its system in straightforward, easy-to-understand terms that will allow you to quickly see how these concepts workand immediately benefit from the value of effectively managing risk.

Bennett A. McDowell, founder of TradersCoach.comR , began his financial career on Wall Street in 1984, and later became a “Registered Securities Broker” and “Financial Advisor” for Prudential Securities and Morgan Stanley.
As a financial advisor, Bennett’s niche was “Active Trading” and “Investing” for a community of high net worth clients using his own proprietary trading system. This system later became known as the Applied Reality TradingR , or the ARTR , system.
Bennett brought the ART software to the public in the year 2003. This was in answer to his clients’ many requests for him to share with them his successful trading and investing techniques. Today the ART system is used in over 40 countries around the world by sophisticated hedge fund managers, individual investors and active traders alike.
Considered an expert in technical analysis and complex trading platforms, Bennett lectures nationally and writes articles for many leading trading publications including Technical Analysis of Stocks & Commodities magazine. Internationally recognized as a leader in trading education, Bennett teaches trading to students worldwide through his company TradersCoach.com.
He is honored to be included as a member of the eSignal “Trading With The Masters” team. In addition, TradersCoach.com, Applied Reality Trading, and The Traders AssistantR Record Keeping System have received numerous Stocks & Commodities magazine Readers’ Choice Awards.