CHF21.60
Download est disponible immédiatement
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!
Auteur
Omar Bassal, CFA, is the founder and managing director of Shukr Investments. He has held senior investment positions in the United States and Middle East. Bassal holds the Chartered Financial Analyst designation, an MBA with honors from the Wharton School of Business, and has been investing since 1994. Omar wrote the first edition of Swing Trading For Dummies in 2008.
Texte du rabat
Manage risk at the portfolio and security level Discover how to boost profits and manage risks There's no denying itswing trading has its risks. That's why you're bound to improve your chances of success when you equip yourself with the advice provided in this book. Author Omar Bassal, CFA, has made his share of mistakes and learned what works and what doesn't. Along with essentials such as chart patterns, technical indicators, and financial statement basics, he goes a step further with guidance on proper money management, journal keeping, risk management, creation of a complete trading plan, and the major changes in the investment landscape over the last few years. Inside...
Résumé
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.
Contenu
Introduction 1
About This Book 2
Foolish Assumptions 3
Icons Used in This Book 3
Where to Go from Here 4
Part 1: Getting into the Swing of Things 5
Chapter 1: Swing Trading from A to Z 7
Understanding What Swing Trading is (and Isn't) 8
The differences between swing trading and buy-and-hold investing 8
The differences between swing trading and day trading 11
What Swing Trading is to You: Determining Your Time Commitment 12
Swing trading as your primary source of income 12
Swing trading to supplement income or improve investment returns 13
Swing trading just for fun 14
Sneaking a Peek at the Swing Trader's Strategic Plan 14
The what: Determining which securities you'll trade 15
More what: Trading stocks consistent with your values 17
The where: Deciding where you'll trade 18
The when and the how: Choosing your trading style and strategy 19
Building Your Swing Trading Prowess 24
Chapter 2: Understanding the Swing Trader's Two Main Strategies 25
Strategy and Style: The Swing Trader's Bio 26
Two forms of analysis, head to head 26
Scope approach: Top down or bottom up? 29
Styles of trading: Discretionary versus Quantitative 29
Wrapping Your Mind around Technical Theory 30
Understanding how and why technical analysis works 31
Sizing up the technical advantages and disadvantages 33
The two main approaches of technical analysis 34
Appreciating the Value of the Big Picture: Fundamental Theory 37
Understanding how and why fundamental analysis works 37
Surveying the fundamental advantages and disadvantages 39
Looking at catalysts and the great growth/value divide 40
Chapter 3: Focusing on the Small Stuff: The Administrative Tasks 45
Hooking Up with a Broker 46
Choosing a broker 46
Opening an account 49
Selecting Service Providers 50
Providers to do business with 51
Providers to avoid 55
Starting a Trading Journal 57
Creating a Winning Mindset 59
Part 2: Timing is Everything: Technical Analysis 61
Chapter 4: Charting the Market 63
Nailing Down the Concepts: The Roles of Price and Volume in Charting 64
Having Fun with Pictures: The Four Main Chart Types 65
Charts in Action: A Pictorial View of the Security Cycle of Life 68
The waiting game: Accumulation 68
The big bang: Expansion 70
The aftermath: Distribution 71
The downfall: Contraction 73
Assessing Trading-Crowd Psychology: Popular Patterns for All Chart Types 74
The Darvas box: Accumulation in action 75
Head and shoulders: The top-off 76
The cup and handle: Your signal to stick around for coffee 78
Triangles: A fiscal tug of war 80
Gaps: Your swing trading crystal ball 81
Letting Special Candlestick Patterns Reveal Trend Changes 84
Hammer time! 85
The hanging man 86
Double vision: Bullish and bearish engulfing patterns 86
The triple threat: Morning and evening stars 88
Measuring the Strength of Trends with Trendlines 89
Uptrend lines: Support for the stubborn bulls 90
Downtrend lines: Falling resistance 91
Horizontal lines: Typical support and resistance 92
Chapter 5: Asking Technical Indicators for Directions 93
All You Need to Know about Analyzing Indicators 94
You must apply the right type of indicator 94
Not all price swings are meaningful 94
Prices don't reflect volume, so you need to account for it 96
An indicator's accuracy isn't the best measure of its value 97 Two to three indi...