Swing Trading for Dummies - Bassal, Omar

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Résumé :

Introduction 1

About This Book 2

Foolish Assumptions 3

Icons Used in This Book 3

Where to Go from Here 4

Part 1: Getting into the Swing of Things 5

Chapter 1: Swing Trading from A to Z 7

Understanding What Swing Trading is (and Isn't) 8

The differences between swing trading and buy-and-hold investing 8

The differences between swing trading and day trading 11

What Swing Trading is to You: Determining Your Time Commitment 12

Swing trading as your primary source of income 12

Swing trading to supplement income or improve investment returns 13

Swing trading just for fun 14

Sneaking a Peek at the Swing Trader's Strategic Plan 14

The what: Determining which securities you'll trade 15

More what: Trading stocks consistent with your values 17

The where: Deciding where you'll trade 18

The when and the how: Choosing your trading style and strategy 19

Building Your Swing Trading Prowess 24

Chapter 2: Understanding the Swing Trader's Two Main Strategies 25

Strategy and Style: The Swing Trader's Bio 26

Two forms of analysis, head to head 26

Scope approach: Top down or bottom up? 29

Styles of trading: Discretionary versus Quantitative 29

Wrapping Your Mind around Technical Theory 30

Understanding how and why technical analysis works 31

Sizing up the technical advantages and disadvantages 33

The two main approaches of technical analysis 34

Appreciating the Value of the Big Picture: Fundamental Theory 37

Understanding how and why fundamental analysis works 37

Surveying the fundamental advantages and disadvantages 39

Looking at catalysts and the great growth/value divide 40

Chapter 3: Focusing on the Small Stuff: The Administrative Tasks 45

Hooking Up with a Broker 46

Choosing a broker 46

Opening an account 49

Selecting Service Providers 50

Providers to do business with 51

Providers to avoid 55

Starting a Trading Journal 57

Creating a Winning Mindset 59

Part 2: Timing is Everything: Technical Analysis 61

Chapter 4: Charting the Market 63

Nailing Down the Concepts: The Roles of Price and Volume in Charting 64

Having Fun with Pictures: The Four Main Chart Types 65

Charts in Action: A Pictorial View of the Security Cycle of Life 68

The waiting game: Accumulation 68

The big bang: Expansion 70

The aftermath: Distribution 71

The downfall: Contraction 73

Assessing Trading-Crowd Psychology: Popular Patterns for All Chart Types 74

The Darvas box: Accumulation in action 75

Head and shoulders: The top-off 76

The cup and handle: Your signal to stick around for coffee 78

Triangles: A fiscal tug of war 80

Gaps: Your swing trading crystal ball 81

Letting Special Candlestick Patterns Reveal Trend Changes 84

Hammer time! 85

The hanging man 86

Double vision: Bullish and bearish engulfing patterns 86

The triple threat: Morning and evening stars 88

Measuring the Strength of Trends with Trendlines 89

Uptrend lines: Support for the stubborn bulls 90

Downtrend lines: Falling resistance 91

Horizontal lines: Typical support and resistance 92

Chapter 5: Asking Technical Indicators for Directions 93

All You Need to Know about Analyzing Indicators 94

You must apply the right type of indicator 94

Not all price swings are meaningful 94

Prices don't reflect volume, so you need to...

Biographie:

Omar Bassal, CFA, is the founder and managing director of Shukr Investments. He has held senior investment positions in the United States and Middle East. Bassal holds the Chartered Financial Analyst designation, an MBA with honors from the Wharton School of Business, and has been investing since 1994. Omar wrote the first edition of Swing Trading For Dummies in 2008.

Sommaire:

Omar Bassal, CFA, is the founder and managing director of Shukr Investments. He has held senior investment positions in the United States and Middle East. Bassal holds the Chartered Financial Analyst designation, an MBA with honors from the Wharton School of Business, and has been investing since 1994. Omar wrote the first edition of Swing Trading For Dummies in 2008....