Swing Trading for Dummies
ISBN: 1119565081
EAN13: 9781119565086
Language: English
Pages: 368
Dimensions: 1.00" H x 9.00" L x 7.00" W
Weight: 1.00 lbs.
Format: Paperback
Publisher: For Dummies
Book Overview
Swing trading is named after the strategy of taking advantage of brief price swings in strongly trending stocks and riding the momentum in the trends' direction--buying if the trend is up or selling short if the trend is down. Swing Trading For Dummies, 2nd Edition provides readers with expert advice and information on how to increase their profits and limit their risks by using this popular trading method. Uodates include: The role social media plays in moving asset prices New accounting rules and their effects on financial statements The 2018 tax law along with International Financial Reporting Standards (IFRS) for non-U.S. companies (and new standards that have been introduced) Expanded coveage on international markets which can now be easily traded from the U.S. or anywhere in the world New order types available to traders (e.g., Algorithimic trading) The effects ETFs and passive investment strategies are having on asset prices The global debt buildup and the global financial crisis of 2008
Editor Reviews
From the Back Cover Identify promising markets and sectors to trade Figure out how to profit from short-term opportunities Manage risk at the portfolio and security level Discover how to boost profits and manage risks There's no denying it--swing 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 portfolio