Swing Trading For Dummies

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

Omar Bassal, CFA, is a Chief Investment Officer with thirty years’ experience trading stocks. He is a Chartered Financial Analyst and holds an MBA with honors from the Wharton School of Business.

Maximize your profits and minimize your risks

In the latest edition of Swing Trading For Dummies, you’ll learn how to identify and evaluate attractive investment opportunities primed for big moves over short periods of time. To equip you on this journey, Swing Trading For Dummies covers the most important tools needed from technical analysis and fundamental analysis to maximize the number of successful trades. You’ll discover when to enter the best opportunities following specific positive catalysts, as well as managing risk to ensure properly sized positions at the portfolio level. Stop sitting on the sidelines a