Some of the best traders in the world avoid taking an overcomplicated view of the markets. To truly prosper, many of them try to keep things simple and look at the fundamentals, economics, and technicals at play as they make their moves. Swing tradingwhich involves taking short-term positions in anticipation of quick market movements over a series of days or weeksis a straightforward approach to trading that allows you to make sense of today’s markets as well as perceive and profit from volatility.
Authors Matthew McCall and Mark Whistlerboth of whom work within financial markets professionallyknow that swing trading can be a rewarding endeavor for those with patience, rock-solid money management skills, and a wide repertoire of proven strategies. Now, with The Swing Trader’s Bible, they share their extensive experiences in this field with you and reveal how to use specific strategies, along with fundamental and technical analysis, to uncover incredibly profitable swing trading opportunities.
This reliable resource opens with a detailed discussion of the Three Rules of Profitability, which includes developing a stop-loss plan before entering a trade, following a few commonsense fundamentals, and understanding the basics of technical analysis. After this important introduction, McCall and Whistler detail more than a dozen swing trading strategies that will help you enter and exit positions more successfully as well as improve the bottom line of your portfolio.
Along the way, you’ll become familiar with:
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How to swing trade a market sell-off through short stock and Inverse ETFs strategies
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The Tier II play, in which small-cap stocks “follow the lead” of larger-cap stocks in similar industries
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Piggyback strategiesusing ETFs and mutual fundsthat allow you to choose from stocks that have clear buying momentum
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How bull and bear spreadsone of many swing trading option strategies discussed throughout the bookcan help you capitalize on both upward and downward movements in stocks
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And much more
Based on both larger market ideas and micro technical occurrences, the strategies outlined throughout these pages will allow you to enter markets with confidence and exit with profits. However, to make the most of these strategies, you must remember to step back from the massesas well as your emotionsand evaluate the bigger picture of every trade idea, headline, and market paradigm. If you’re able to do this, there’s nothing stopping you from turning your financial dreams into reality.
Praise For The Swing Trader’s Bible
“This book is an absolute must-read for novice swing traders and veteran traders alike. Matt McCall and Mark Whistler write with a combination of authority and simplicity that’s so essential when learning how to navigate these precarious markets.”
—Nicholas Collard, TradingMarkets.com
“This book is great for Forex traders alike; the technical analysis in this book can be applied to all types of trading. As a professional trader I have been using the strategies described in this book with great success. Our Forex client base can certainly benefit from books like this.”
—Alex Nekritin, CEO, TradersChoiceFX.com
In The Swing Trader’s Bible, authors Matthew McCall and Mark Whistler—both of whom work within financial markets professionally—share their extensive experiences in this field with you and reveal how to use more than a dozen specific strategies, along with fundamental and technical analysis, to uncover incredibly profitable swing trading opportunities.
Based on both larger market ideas and micro technical occurrences, the strategies outlined throughout these pages will allow you to capitalize on market fluctuations in almost any area. Filled with in-depth insights and expert advice, The Swing Trader’s Bible will help you to enter and exit positions more successfully and improve the bottom line of your portfolio in the process.
About the Author
Matthew McCall, MBA, is founder and President of Penn Financial Group LLC, an investment advisory company that provides sophisticated advice to individual investors using the firm’s proprietary research model. He publishes two newsletters: The ETF Bulletin and The PFG Bulletin, both of which provide buy/sell recommendations for individual stocks and ETFs. McCall has been quoted in the Wall Street Journal, BusinessWeek, SmartMoney, and the Christian Science Monitor. He regularly writes for Investopedia.com and has appeared on CNBC, Bloomberg, and BNN. McCall can now be found on Fox Business Network as a guest co-host as well as a regular contributor on Fox News Channel’s number-one-rated business block on Saturday mornings.
Mark Whistler is the Senior Market Strategist for TradingMarkets.com, while also heading the Forex Force trading service. He is the founder of WallStreetRockStar.com and is also a columnist for traderdaily.com and Investopedia.com. Whistler has written two books, Trade with Passion and Purpose and Trading Pairs, both published by Wiley. In addition, he also coauthored Profit from China and Profit from Uranium, both published by Investment U/Wiley. Whistler also occasionally appears on CNBC. As a Forex expert, Whistler presents educational trading Webinars through FXStreet.com twice each week.