Book description
Increase profit and limit risk with swing trading basics
Swing trading is all about riding the momentum of brief price changes in trending stocks. Although it can be risky, swing trading is popular for a reason, and Swing Trading For Dummies, 2nd Edition, will show you how to manage the risk and navigate the latest markets to succeed at this lucrative trading strategy.
In this updated edition, you’ll find expert guidance on new accounting rules, the 2018 tax law, trading in international markets, algorithmic trading, and more. Plus, learn about the role social media now plays in moving asset prices, and how you can tap into online trends to ride price swings.
- Understand money management, journal keeping, and strategy planning
- Focus on fundamental analysis to increase your chance of success
- Evaluate companies to screen for under- or overvalued stocks
- Develop and implement your trading plan and calculate performance
Starting from the basic differences between swing trading and other trading styles and progressing through plain-English explanations of more advanced topics like charts and reporting standards, Swing Trading For Dummies will help you maintain and grow your assets with swing trading in any market!
Table of contents
- Cover
- Introduction
- Part 1: Getting into the Swing of Things
-
Part 2: Timing Is Everything: Technical Analysis
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Chapter 4: Charting the Market
- Nailing Down the Concepts: The Roles of Price and Volume in Charting
- Having Fun with Pictures: The Four Main Chart Types
- Charts in Action: A Pictorial View of the Security Cycle of Life
- Assessing Trading-Crowd Psychology: Popular Patterns for All Chart Types
- Letting Special Candlestick Patterns Reveal Trend Changes
- Measuring the Strength of Trends with Trendlines
- Chapter 5: Asking Technical Indicators for Directions
- Chapter 6: Trend Following or Trading Ranges
-
Chapter 4: Charting the Market
-
Part 3: Running the Numbers: Fundamental Analysis
- Chapter 7: Understanding a Company, Inside and Out
- Chapter 8: Finding Companies Based on Their Fundamentals
-
Chapter 9: Assessing a Company’s Stock: Six Tried-and-True Steps
- The Six Step Dance: Analyzing a Company
- Step 1: Taking a Company’s Industry into Account
- Step 2: Determining a Company’s Financial Stability
- Step 3: Looking Back at Historical Earnings and Sales Growth
- Step 4: Understanding Earnings and Sales Expectations
- Step 5: Checking Out the Competition
- Step 6: Estimating a Company’s Value
-
Part 4: Planning the Trade and Trading the Plan
- Chapter 10: Fail Fast: Managing Risk
- Chapter 11: Knowing Your Entry and Exit Strategies
-
Chapter 12: Walking through a Trade, Swing-Style
- Step 1: Sizing Up the Market
- Step 2: Identifying the Top Industry Groups
- Step 3: Selecting Promising Candidates
- Step 4: Determining Position Size
- Step 5: Executing Your Order
- Step 6: Recording Your Trade
- Step 7: Monitoring Your Shares’ Motion and Exiting When the Time is Right
- Step 8: Improving Your Swing Trading Skills
- Chapter 13: Looking at the Scoreboard to Evaluate Your Performance
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Part 5: The Part of Tens
- Chapter 14: Ten Simple Rules for Swing Trading
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Chapter 15: Ten (Plus One) Deadly Mistakes of Swing Trading
- Violating Your Trading Plan
- Starting with Too Little Capital
- Gambling on Earnings Dates
- Speculating on Penny Stocks
- Changing Your Trading Destination Midflight
- Doubling Down
- Keeping Open Positions While You Travel
- Thinking You’re Hot Stuff
- Concentrating on a Single Sector
- Trading Illiquid Securities
- Overtrading Stocks
- Appendix: Helpful Resources for Today’s Swing Trader
- Index
- About the Author
- Advertisement Page
- Connect with Dummies
- End User License Agreement
Product information
- Title: Swing Trading For Dummies, 2nd Edition
- Author(s):
- Release date: April 2019
- Publisher(s): For Dummies
- ISBN: 9781119565086
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