This paper describes a new fading compensation scheme for Wireless ATM(WATM) sytem using pilot symbols. We have carried out a simulation for bit error rate(BER) and cell loss probability(CLP) to analyze the performance of a new scheme. As the resutls, BER performance we improved by means of HEC only above 3 dB of $E_{b}/N_{0}$ in AWGN, but not at all in fading environment. However, by using a new fading compenstion scheme with HEC, BER performance degraded below to 1 dB of $E_{b}/N_{0}$ in AWGN, but BER and CLP performances in WATM system were improved remarkably, and meeted at CLP performance criterion for K=10 dB rician fading. Also, code rate will be high and harware size of codec will be small by using this new scheme with HEC OR FEC.