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...
How to build your trading plan Understand how the market drives trading opportunities What the most important fundamental measures are Find out how to calculate investment returns Manage risk effectively How social media can impact your portfolioIncrease 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 performanceStarting 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!