The Swing Trader’s Bible provides traders with different strategies to capitalize on market fluctuations. The majority of the time, most markets move sideways, with no discernible long-term up or down trend.
Author’s Note:
Trading and investing are among the most exciting and rewarding pursuits around, there’s no doubt about it. Where else can you make all of your dreams come true, while having direct control over every step of your fate? Not too many places. However, trading and investing provide one of those special situations, where with enough hard work and understanding, all of our futures can become as bright as our most vivid dreams of greatness. It’s not easy, though, investing in financial markets. After all, anytime there’s money on the line for almost anything in this world, emotions come into play as well.
However, with a solid repertoire of proven tools, there’s no mountain any of us can’t scale. With this in mind, The Swing Trader’s Bible is many years of culled experience between us—both of whom work within financial markets professionally. Friends for many years, we wanted to create an easy-to-read, simplified book to help investors and traders of all levels move toward profitability within the ever-changing sea of investment markets. The lessons within the very book in your hands are those of trial and error, the result of many years of hard work.
We are proud to share with you the trading strategies that we believe will give you the best opportunity to become successful and fulfill your dreams. A concept that resonates throughout the book is simplicity. We are not trying to reinvent the wheel or teach nuclear fusion. Our goal is to share with you strategies that can be learned through some good oldfashioned hard work. We hope that you are able to immediately apply the strategies to your day-to-day investing. What you’re reading isn’t just theory by any means whatsoever. The strategies outlined in The Swing Trader’s Bible are the same methods we use every day. Remember, it is not easy to reach your goals as a trader; however, greatness is attainable if you have the knowledge of the right strategies.
Contents:
- Determining Your Trading Style
- The First Rule of Profitability: Stop Loss
- The Second Rule of Profitability: Commonsense Fundamentals
- The Third Rule of Profitability: Technical Analysis
- Strategy 1: Take the Trends to Pieces
- Strategy 2: The RSI Indicator
- Strategy 3: MACD and Stochastic
- Strategy 4: The Tier II Play
- Strategy 5: ETF Sector Rotation
- Strategy 6: The Macro-to-Micro Play
- Strategy 7: Profit from Exuberance Premium
- Strategy 8: Japanese Candlestick Charts
- Strategy 9: Option Primer and LEAP Options
- Strategy 10: Piggyback Strategy Using ETFs and Mutual Funds
- Strategy 11: Scanning for Swing Trade Ideas
- Strategy 12: Swing Trading a Market Sell-Off
- Strategy 13: Swing Trading the Megatrends
- Strategy 14: Return on Assets and Return on Equity
- Strategy 15: Covered Call Options
- Strategy 16: Straddles as a Profit Tool
- Strategy 17: Bull and Bear Spreads
The Swing Trader's Bible: Strategies to Profit from Market Volatility By Matthew McCall, Mark Whistler pdf
Kasen Huerta (verified owner) –
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.
Ayaan Dorsey (verified owner) –
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.
Elaine Guerrero (verified owner) –
What a great time to publish a book on swing trading. With the market in a tight range for months. Swing trading is what enabled me to return an average 25% return in my 401K from 2003-2007. I highly recommend this books strategies, buy and hold may not be relevant again for years to come. I wish I would have had this book to compliment my strategies over the past decade.
This book is excellent like all of the Wiley Trading books I have read. Mark Whistler also has an enjoyable writing style that is easy to read and understand. This book covers the following:
The 3 rules for profitability:
1. The importance of the stop loss.
2. Taking fundamentals into account on each trade.
3. Using technical analysis. Charting,support and resistance,and volume.
Seventeen swing trading strategies:
1. How to trend trade. The trend is your friend until it ends. Using moving averages as your main tool. On a short term basis, stocks usually wiggle anywhere from 5 to 15 percent above and below the 21-EMA.
2. The RSI indicator. Use a 9 day RSI and buy on a crossover back above 30.
3. Great summary of how to use MACD and stochastic. Buy when the MACD line crosses above the zero line, crossing below the zero line results in a sell signal. When the stochastic %K crosses the %D, it triggers a buy or sell signal, depending on the direction of the crossover. %K crosses up through %D buy signal, %K crosses below %D is a sell signal.
4. How to trade lower cap stocks in the same industry groups as the mega caps, they almost always play follow the leader after earnings announcements for the mega caps.
5. ETF sector rotation. Using ETFs to capture profits in out of favor sectors.
6. The Macro to Micro play. Identify the strongest sectors in the marketplace by analyzing the trend of the charts. Find stocks in these sectors.
7. Profit from the exuberance premium.
8. How to use Japanese candlestick charts for profits.
9. How to trade options.
10. How to piggyback ETFs and mutual funds by identifying their most attractive and largest positions and buy in.
11. How to scan the market for swing trade ideas.How to find overbought stocks, high short interest, and volume surges.
12. How to swing trade a market sell off. Introduction to short and ultra short ETFs.
13. Swing trading the mega trends.
14. Understanding return on assets and return on equity to complement technical trading.
15. How to use covered call options for profit.
16. Straddles as a profit tool.
17. Bull and bear spreads.
This book contains an abundance of information and I believe any new or intermediate trader will get their money’s worth out of it.
Page 162:
“…the most successful investors and traders are those who are able to outperform the benchmarks when the market is in the midst of a sell-off.”
My best move ever was going from stocks to cash in my 401K on January 4th, 2008 and staying there until the present, while only day trading sector indexes to control risk out of my brokerage account. If you are new to trading this book can teach you what I had to learn the hard way during the crash of 2000, that education cost me $30,000 this book will only cost you about $15 here on sacredtraders, that’s a great deal!
Addyson Cabrera (verified owner) –
good read
Bryce Conner (verified owner) –
I heard the author on the radio and was interested in his material. Unfortunately, this book is very disappointing. It is a beginner’s book by far and is not as good as many others out there. If someone is beginning to trade and wants to get better “meat”, then I would suggest Trend Trading for a Living by Carr or (better yet) go to Alphatrends and get Brian Shannon’s book on trading. It is at technical analysis book DOT com.
The Swing Trader’s Bible is not particularly flawed – it just has zero depth to it.
Alondra Huang (verified owner) –
Matt McCall, and Mark Whistler have done a brilliant job by delivering real know-how expertise in plain, easy to understand english. This book is a must read for people who are serious about learning and understanding how to generate consistent positive returns.
Payton Saunders (verified owner) –
Very basic book. Lightly brushes a lot of principles of trading. I don’t believe it is worth the money. I believe you could buy most of the classics (used) for the price of one copy. I have to agree the chapter on stop loss orders is probably the highlight of the book.
Kaliyah Lawrence (verified owner) –
The best trading book I’ve read all year that is helping us make money in the face of a continued downturn in the economy, and general apathy in financial markets.
Whistler and McCall do a great job helping the reader understand how to make informed decisions no matter what the overall market conditions are.
This book is packed with wining strategies that traders at all levels will benefit from.
Kaleb Correa (verified owner) –
This is one of the book that can clearly explain all the strategies. It is more useful than all that I can get from the web. Basic or experience trader can use it as a good reference. It is a little pricy though.