Want to know the strategies of successful swing trading? This friendly guide covers the ins and outs of this risky but profitable investing approach, explaining all the basics in plain English. You'll see how to use the two investment approaches - technical and fundamental analysis - to indentify promising securities in strongly trending markets. In addition, this guide covers how to calculate investment returns and, most important, how to manage your portfolio's risk.
Learn from a highly experienced trader, analyst, and portfolio manager - the author shares his insider knowledge Understand often overlooked topics such as money management, journal keeping, and strategy planning - key areas that will largely determine your success Focus on the fundamentals - often overlooked by swing traders, fundamental analysis can increase your chance of success Determine your entry and exit points with technical analysis - read charts, apply indicators, and compare markets Evaluate companies with fundamental analysis - grasp the basics of financial statements and the criteria to screen for undervalued or overvalued stocks Develop and implement your trading plan - outline what you trade and how often, decide your risk tolerance, and calculate your performanceOpen the book and find:
The differences among swing trading, day trading, and buy-and-hold investing The pros and cons of technical and fundamental analysis A step-by-step anatomy of a trade A wealth of charts and screenshots Real-world examples of swing trading successes The 10 deadly sins of swing trading - avoid at all costs Sample trading plans Useful resources for navigating dataI purchased Swing Trading for Dummines ( along with Online Trading for Dummmies, Technical Analysis for Dummies and Market Timing for Dummies.) and I found this to be a great book that is very useful and informative and well fitted to my trading style. I'm a short term trader with little capitol avaiable to invest ( less than 1500 ) and this book has given me a solid foundation and taught me many things that I didn't know...
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Excellent publication, well written, easy to read and comprehend. As a swing trader it gave me the wear-with-all to undertake and understand swing trading. Would recommend to anyone undertaking technical analysis and swing trading.
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I have read a few books on stocks. This one is the best. It doesnt make it quick and easy, but it makes it practical and true. Its good mainly for swing traders, however i think that everyone can benefit from it.... BUY IT!!
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I always thought "swing trading" referred to trading with a time horizon of a few days. This author, however, defines it as trading with a time horizon of a few days to a few weeks. So this book is geared to trades that could last a month or long--something I consider outside the realm of short term trading. In any case, the book is split into five parts: Part 1 discusses the fundamental info (how markets work, what things...
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I was pleasantly surprised when I picked up this book at a bookstore. I normally have low expectations for Dummies titles. Let's be honest: you don't usually find gems among "Dummies" or "Idiot" books. But I can state that Swing Trading for Dummies is my favorite book on short term trading. The book is the only one I've found which provides proper coverage on all aspects of trading--from designing a trading plan (part IV)...
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