Marc Rivalland on Swing Trading
$21.37
| Author(s) | |
|---|---|
| Format |
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| Pages |
225 |
| Published Date |
2003 |
In Marc Rivalland on Swing Trading , Marc Rivalland, author of ‘The Trader’ column in Investors Chronicle, shows how swing charts can be used to perfect market timing. Moreover, Marc reveals his hitherto secret modifications to Gann swing charts which make them even more effective for stock market traders. W. D. Gann said “a study of swings in active stocks will convince a man that he can make far greater profits in swings than in any other way of trading”. With this book, you get Gann and more.
Author’s Introduction:
Many traders already use charts as an integral part of their decision-making, and a good proportion of them will have heard of the particular trading method known as swing trading. Not many, however, know that there is a type of chart, a swing chart, which is tailor-made for swing trading, and even fewer will be actively using these swing charts. One of the main aims of this book is to introduce you to swing charts and to enable you to harness their power.
Some readers may be so convinced that they come to use swing charts as their primary tool. Others will prefer to stick to the charts they have used hitherto. I invite them to use the swing chart in conjunction with their existing techniques, or, at the very least, not to ignore the message conveyed by the swing chart. I use a combination of swing charts and point & figure charts. For those whose swing trading depends more on value judgments than on charts, I offer this middle ground: if you must be led by a value judgment, why not use charts as a filter? Act only on value judgments when the share has a supportive chart; do not act on those value judgments when the share does not have a supportive chart. If your value judgment is correct, the chart is bound to reflect that in time.
The book is structured to cover my two favourite types of chart: the swing chart in Chapters 3 to 5 and the point & figure chart in Chapters 5 to 8. Chapter 9 explains how to use these charts together and Chapter 10 deals with the RSI. Chapter 11 covers LTBHs and Chapter 12 draws all the threads together. The rather grand title of this book may suggest to some that I consider myself a ‘guru’ in this subject. Nothing could be further from the truth. My publisher’s motive in choosing that title was to make it plain that the book is my subjective view of certain aspects of charting technique and interpretation, rather than a distillation of well-worn rules. The book can’t cover everything I know, but I believe it does cover the most important techniques to enable you to make money out of swing trading.
Contents:
- INTRODUCTION
- SWING TRADING IN PRACTICE
- GANN SWING CHARTS
- MODIFIED SWING CHARTS
- SWING CHARTING TACTICS
- POINT & FIGURE CHARTS
- POINT & FIGURE SIGNALS
- POINT & FIGURE TACTICS
- INTEGRATING POINT & FIGURE AND SWING CHARTS
- RSI AND OTHER INDICATORS
- TACTICS FOR LTBHs
- SUMMATION
Marc Rivalland on Swing Trading pdf
4 reviews for Marc Rivalland on Swing Trading
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Ellison Kemp (verified owner) –
Im a bit surprised about some of the reviews on this book. Ive recently finished reading it and found it an excellent book. I agree that some things could be improved, maybe the charts being better annotated with dates, and some of the typo errors corrected, also I thought there were too many examples requiring the reader to flick between the text and the chart, but at the end of the day these points are rather small in comparision to what you are getting. I found this a very practical book on the howto of planning and executing your trades. The author is very generous in the information that he reveals also very honest in saying he has no fixed rules on exiting a trade other than some arbiturary rules that he makes. The section on Point and Figure charting is very illuminating, Id completely overlooked this aspect of charting until then. Also the whole subject of swing trading is incredibly powerful. I would definitely recommend this book. I probably wouldnt recommend this book to someone just starting in trading – its not a first book – I think that person should get some background reading done first. Although this isnt an advanced book either, its a very down-to-earth and practical book, that explains the principles of Swing Trading using Bar Charts and Point and Figure charts. Im just surprised more people arent raving about it like I am – believe me there are alot worse books out there ! 🙂
Melvin Ortiz (verified owner) –
Appears to be an effective book for swing trading providing you have some trading experience, capital and patience. Hope the charting and indicator strategies work in the future.
Wesley Potts (verified owner) –
A very good clear exposition of the topic, with well explained real life examples of how to use his method. Mr Rivalland also very honestly explains when his method of swing trading is not especially effective, something wihich I am afraid not all authors are so forthcoming about. I have taken off one star because some of the charts are not as well labelled as they could be and so can be a little hard to read.
Anna Walton (verified owner) –
Marc is a South African Lawyer, who appears to make most of his money as a lawyer and writer rather than a trader.
I really felt that I did not want to read this book after the first few chapters, it is a charting / technicals book that gives one paragraph towards the end of the book to Fundamentals almost as an aside but it does indicate their importance.
Marc has modified standard methodologies and charting techniques to suit his own stratergies, unfortunatly he is not prepared to be transparent about his trades and too often gives partial info…the buy or the sell action but not its partner, on of the charts which carries across 2 pages has rather confusingly a different scale…not stated on the second page. I only picked this up from inference in the rambelling text.
Also the book has lost some of the punctuation marks in its publishing there are no ‘ and the degree sign is misrepresented as a ! which led me to look for a meaning for this symbol re-reading the paragraph clarified what it should have been.