The 5 Secrets To Highly Profitable Swing Trading
| Author | : | |
| Rating | : | 4.88 (805 Votes) |
| Asin | : | B00NIWD0Q8 |
| Format Type | : | |
| Number of Pages | : | 431 Pages |
| Publish Date | : | 2013-03-25 |
| Language | : | English |
DESCRIPTION:
"Loved the book" according to Leslie O. Loved the book. I've been learning to swing trade for a couple of years and I've read many of the well-known and recommended trading books, but this is my favorite. I'm not a member of Social Leverage 50.com (yet) but I've followed Mr. Ivanov on StockTwits and I have learned a lot from his blog. Another bonus to reading his daily posts is his great sense of humor.Mr. Ivanov has a talent for explaining trading concepts in an interesting and concise way. In the book, he tells you how to find the best swing setups, when to buy and when to sell. He explains risk/reward in a way I can finally under. Learned a Few things LGP41 I've read over 100 trading books and I always learn something. I especially like the simple, straight forward explanations in this book. Trading is not that hard. Too many authors seem to have the objective of making themselves seem smart rather than keeping it simple. For example, when a stock has an expanded range day on large volume and closes far below the high of the day, near the low of the day, it's an indication of momentum loss. A good time for a swing trader to take some profits & tighten the stop. Simple & sensible.. "Really helpful especially if you have at least a little knowledge of trading" according to Jadie. I found this book to be very informative and to the point. It is not full of page filling nonsense.I've read it twice and have applied some of the tools to my trading. (It has helped me make a little $$).Find what works for you and what makes sense to you. This book resonates with me.
I know that if you apply the principles I describe in this book, you will become more knowledgeable, more profitable and happier market participant.Here is a brief overview of what you could expect to learn:1) What drives short-term market moves? How to recognize perfect swing setups; when to buy them and where to put your stop losses?2) When to sell and how?3) How to be more profitable. How to decide how many shares you should buy of every stock you like. You won’t second-guess yourself whether to take a signal or not. If you learn how to catch hundreds of quick 5% to 20% moves, your capit