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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. This guide 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 even the savvy swing trader must have a comprehensive risk management plan to deal with trades that fail to launch. New in this updated third version 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
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Omar Bassal, CFA, is a chief investment officer with thirty years’ experience trading stocks. He is a chartered financial analyst and earned an MBA degree with honors from the Wharton School of Business.