Swing Trading for Beginners: The Complete Guide on How to Become a Profitable Trader Using These Proven Swing Trading Techniques and Strategies. Includes Stocks, Options, ETFs, Forex, & Futures

By Adam Edwards

How to capture the right swing in the market and create wealth with the most beginner-friendly type of trading

How many times have you seen a stock trading app pop up on your phone screen?

How many times have you pressed the "on" button on your TV and been bombarded with flashy numbers at the bottom of your screen?

Until now, you have no idea what all these graphics, numbers and talks about bull and bear markets mean.

Yet, knowing how many people have already invested and been successful with stocks creates the fear of missing out on additional income streams.

Everyone who wants to savvily invest their first extra $1 chooses the stock market because these people know, with the right strategy $1 can easily be worth $10+.

You are curious how millions of people create a fortune through stock investments on a daily basis, but you get intimidated by the unlimited options on the stock market.

Don't worry. Let me tell you something.

There is one type of trading that is stress-free and so simple every high school student could turn into a Wall Street Wolf.

Swing trading is a short term-trading method where you usually keep your stocks between 2 to 6 days.

In comparison with the day trader who has to sell his stocks within 1 day to make profits, you have enough time to think about the right move and not lose money from a "spur of the moment" decision.

It can be really stressful to watch several screens at the same time and catch the exact right moment to close out your stocks. In that case, trading turns into a full-time job.

If you are more interested in part-time trading business to explore the stock market and work with proven expert strategies, then swing trading is the right choice for you.

Short time trading is perfect for everyone who doesn't want to jump into the trading business with a sack of gold and rather start with smaller investments.

In "Swing Trading For Beginners", you'll discover:

• A step-by-step plan to succeed with swing trading from the get-go
• 4 different kinds of people that will help you beat the Wolf of Wall Street
• The beginners trading dictionary to keep the bear away and take the bull by the horns
• The most reliable stocks and how to invest in a $5 billion company
• 3 real examples for stocks you shouldn't miss out on
• 5 alternative financial instruments to invest in
• How to simulate trading to build a safe and profitable strategy for your first real investment
• The typical day in a swing traders life
• How to avoid false breakouts and cut out losses

And much more.

Even if the gains in short term trading are smaller, you will benefit from cutting your losses much quicker than with any other type of trading.

This allows you to take your first step into trading and discover different strategies until you find the one that works the best for you.

Trading is all about planning and has nothing to do with gambling or online poker.

If you follow the experts' step-by-step roadmap, trading is a promising long term business to create the extra financial comfort you've been looking for.

If you want to take your first footstep into swing trading, then you need this book today!

• Language: English
• Publisher: Adam Edwards
• Release date: Oct 20, 2019
• ISBN: 9781393463559

Book preview

Swing Trading for Beginners

The Complete Guide on How to Become a Profitable Trader Using These Proven Swing Trading Techniques and Strategies. Includes Stocks, Options, ETFs, Forex, & Futures

––––––––

Adam Edwards

© Copyright 2019 - All rights reserved.

The content contained within this book may not be reproduced, duplicated or transmitted without direct written permission from the author or the publisher.

Under no circumstances will any blame or legal responsibility be held against the publisher, or author, for any damages, reparation, or monetary loss due to the information contained within this book. Either directly or indirectly.

Legal Notice:

This book is copyright protected. This book is only for personal use. You cannot amend, distribute, sell, use, quote or paraphrase any part, or the content within this book, without the consent of the author or publisher.

Disclaimer Notice:

Please note the information contained within this document is for educational and entertainment purposes only. All effort has been executed to present accurate, up to date, and reliable, complete information. No warranties of any kind are declared or implied. Readers acknowledge that the author is not engaging in the rendering of legal, financial, medical or professional advice. The content within this book has been derived from various sources. Please consult a licensed professional before attempting any techniques outlined in this book.

By reading this document, the reader agrees that under no circumstances is the author responsible for any losses, direct or indirect, which are incurred as a result of the use of information contained within this document, including, but not limited to, — errors, omissions, or inaccuracies.

Table of Contents

Introduction

Chapter 1: Introduction to Financial Trading

Trading vs. Investing

Key Concepts of Financial Trading

What Are You Trading?

Who is Doing the Trading?

Where Are You Completing the Trade?

How Are Stocks Traded?

Finding a Broker

1. Interactive Broker

2. Sure Traders

3. Full-Service Brokers

4. Discount Brokers

Make Sure You Understand Your Rights

Bull vs Bear Market

Bull Market

Bear Market

Chapter 2: What is Swing Trading?

Why Swing Trading Over Day Trading?

Stock Trends

How to Decide on the Right Stocks

Ideas on Good Swing Trading Stocks

Netflix

Amazon

MKS Instruments

Chapter 3: Finding a Suitable Market

Selecting a Financial Instrument to Trade

Stocks

ETFs

Currencies

Cryptocurrencies

Futures

Options

Chapter 4: Treat Swing Trading Like a Business

Establish Your Business Plan

What is a Business Plan?

Why You Need a Trading Plan?

Set Your Schedule and Stick to It

Pre-Trading Analysis

The Market

Post-Trading Analysis

Take Your New Career Seriously but Not Too Seriously

How to Tell When You’re Heading Towards a Burn-Out?

Chapter 5: Learning the Art of Swing Trading

Step 1: Start with Research

Tips to Help You Increase Your Research Skills

Step 2: Find a Broker

Step 3: Simulation Trading

Step 4: Make Swing Trading Your New Career

A Swing Trader’s Day

Pre-Trading Analysis

The Morning Stock Market

Lunch Time

The Afternoon Stock Market

After-Trading Analysis

Chapter 6: Trading Strategies

Trend Following

Price of the Stock

Managing Your Money

Rules and Guidelines

Diversity

Always Note the Risk

Using Options as a Strategy

Short Interest

Pay Attention to the Float

Breakout and Breakdown Strategies

News Playing

Chapter 7: The Art of Selling Short

How Short Selling Works

The Risks of Short Selling

Chapter 8: Tips for Beginners

Learn from Your Mistakes and Move On

Stay in the Right Mindset

Be Flexible

Remember the Research

Join an Online Community

The Trading Heroes Blog

Elite Swing Trading

Morpheus Trading Group

Ratgebergeld

Make Education a Top Priority

Professional Swing Trading A-Z

Guide to Stock Trading with Candlestick and Technical Analysis

Day Trading and Swing Trading Systems for Stocks and Options

Chapter 9: Common Mistakes Beginners Make

You Have Unrealistic Expectations

You Don’t Follow Your Pre-Trading Analysis

You Don’t Follow Through with Your Post-Trading Analysis

You are Not Consistent

You Don’t Pay Attention to Your Mental Health

Chapter 10: The 11 Commandments of Swing Trading

1. Make Sure to Have Long Strengths and Short Weaknesses

2. The Overall Direction of the Market and Your Trade Should be Aligned

3. Always Look at the Long-Term Charts

4. Do Your Best Not to Enter Near the End of the Trade

5. Track a Consistent Group of Stocks

6. Always Have a Clear Plan

7. Always Integrate Fundamentals into Your Technical Analysis

8. Make Sure to Master the Psychological side of Swing Trading

9. Try Putting the Odds in Your Favor

10. Trade in Harmony with the Trend Time Frames

11. Make Sure to Use Multiple Indicators and Not Create Isolation

Chapter 11: Fundamental Analysis

Fundamental Variables

Positive Earnings Adjustment

Positive Earning Revision

Earnings Momentum

Strong Cash Flow

Earnings Growth

Chapter 12: Technical Analysis

What You Will Study Through Technical Analysis

Study of Charts

Volume

Analyzing the Trend Line

Chapter 13: Managing Risk

How to Limit Your Risk

Keep Your Emotions in Check

Follow the 1% Rule

Determine a Stop-Loss Amount

Follow Your Guidelines and Rules

Don’t Trade Alone

Chapter 14: The Psychology of Swing Trading

Maintain Your Mental Health

Make Sure You Get Enough Sleep

Focus on the Positive

Practice Self-Control

Conclusion

Bibliography

Introduction

First, I want to thank you for choosing this book to help you learn about swing trading. The goal of this book is to help you along your journey to becoming a successful swing trader. As I will discuss later, it is important to make sure that you do your research before and after you start your career as a swing trader. I am honored that you selected this book to help you learn about swing trading. As you will be able to see from the bibliography, I have selected dozens of educational resources for the research of this book. It is my hope that my book helps ease your research by giving you the information you need to begin your journey.

In the first chapter, I will give you an introduction to financial trading. This chapter will not only describe the difference between investing and trading but it will also give you three key concepts of financial trading, such as asking yourself what you are trading and who is completing the trade. I will then explain the different types of brokers and what rights you have when you find a broker who you want to work with. I will then end this chapter by discussing the two stock market conditions that you will get to know as a swing trader.

In chapter two, I will give you a thorough introduction to what swing trading is and what it isn’t. I will briefly discuss why you will want to pick swing trading over day trading. I want to focus on this because people are often confused between swing trading and day trading. I will then discuss the different stock trends, how you can decide what the right stocks are for you, and then give you a few ideas on what type of stock you can look out for as a swing trader.

In chapter three, I will look at the various financial instruments that are a part of the investing world. For example, I will take a look at options, ETFs, futures, and stocks.

Chapter four will look at how you need to treat swing trading like a professional business and not a hobby, which is often a mistake for beginners. In this chapter, I will help you walk through the process of how you will start to build your swing trading career. First, I will discuss how you can establish your own business plan, which is often referred to as a trading plan. I will then discuss how you have to make sure to set your daily schedule and how important this is to stick to. Of course, I will end out the chapter by discussing how you want to take your new career seriously, but not too serious because you don’t want to become burnt-out due to working too hard as a swing trader.

In chapter five, you will learn the art of swing trading. In this chapter, I will discuss the beginning steps that you will take; such as research, finding a broker, simulation trading, and making swing trading your new career. For the second half of this chapter, I will discuss what a swing trader’s day looks like. You will learn how your typical day will go from the time you start your work day to the time you close when the stock market closes, and how you need to perform your post-trading analysis.

Chapter six takes a look at the various trading strategies that you will run into as a swing trader. I first begin this chapter by discussing trend following, which is not only a strategy but one of the most important factors when it comes to analyzing your reports. You will then learn about short interest, news playing, breakouts and breakdowns, and a couple of others.

In chapter seven, I will look at the art of selling short. While this is a strategy that you will use when the stock market is facing poor conditions, I have given this strategy its own chapter because it is often confusing to many beginners. Therefore, I wanted to spend more time explaining short selling in a way that you are most likely to understand. Of course, I will not