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Swing Trading For Dummies

Omar Bassal (Author)

9781394288427, Wiley

Paperback / softback, published 2 December 2024

368 pages
23.9 x 19.6 x 3.3 cm, 0.499 kg

Learn how to maximize profits and minimize risks trading over the short term

Swing Trading For Dummies introduces you to a trading methodology designed to generate big profits in the short term. Unlike buy and hold investing, Swing Traders endeavor to enter a stock at the precise moment a major uptrend begins and exit for a large profit a few weeks or months later. In order to achieve this result, Swing Trading For Dummies covers the tools you need to get up and running as a trader before moving on to the two main analysis techniques swing traders rely upon: technical analysis and fundamental analysis. These two analysis techniques can be combined to maximize the chances of a successful trade. But no one is perfect, and the savvy swing trader must have a comprehensive risk management plan to deal with trades that fail to launch. New in this update to Swing Trading for Dummies is material on the types of positive catalysts a trader should look for to enter a trade, the best way to trade earnings reports, swing trading cryptocurrencies and why you should avoid investing in banking stocks.

  • Learn how swing trading can generate profits in a short period of time
  • Identify the most attractive opportunities and when to buy them
  • Avoid the common mistakes that sink many novices
  • Manage risk and set yourself up for success

For new and seasoned investors looking for a comprehensive and trusted reference on swing trading, this Dummies guide is the perfect solution.

Introduction 1

Part 1: Getting into the Swing of Things 5

Chapter 1: Swing Trading from A to Z 7

Chapter 2: Understanding the Swing Trader’s Two Main Strategies 27

Chapter 3: Focusing on the Small Stuff: The Administrative Tasks 43

Part 2: Timing Is Everything: Technical Analysis 59

Chapter 4: Charting the Market 61

Chapter 5: Asking Technical Indicators for Directions 89

Chapter 6: Trend Following or Trading Ranges 117

Part 3: Incorporating Fundamental Analysis into Your Swing Trading Plan 139

Chapter 7: The Macro (Economy) and Micro (Business) 141

Chapter 8: So, What’s This Company Worth? 163

Chapter 9: Assessing a Company’s Stock: Six Tried-and-True Steps 187

Chapter 10: Sourcing: How to Find Swing Trading Candidates 205

Part 4: Planning the Trade and Trading the Plan 221

Chapter 11: Fail Fast: Managing Risk 223

Chapter 12: Knowing Your Entry and Exit Strategies 249

Chapter 13: Walking through a Trade, Swing-Style 263

Chapter 14: Looking at the Scoreboard to Evaluate Your Performance 281

Part 5: The Part of Tens 297

Chapter 15: Ten Simple Rules for Swing Trading 299

Chapter 16: Ten Deadly Mistakes of Swing Trading 309

Appendix: Helpful Resources for

Today’s Swing Trader 317

Index 327

Subject Areas: Finance & accounting [KF]

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