• Swing Trading

  • Start Creating Passive Income with This Quick & Easy Guide for Beginners. Learn How to Become a Profitable and Successful Trader with the Best Trading Techniques and Money Management
  • By: Robert Williams
  • Narrated by: Chad Piersen
  • Length: 3 hrs and 34 mins
  • 4.8 out of 5 stars (17 ratings)

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Publisher's Summary

The stock market is all about taking risks. Big companies do not engage in swing trading for several reasons, but lone traders use it to increase investments. Most swing traders are small market traders who are flexible and benefit from market fluctuations.

To increase their odds in the competitive industry, they turn to specialist firms for guidance. Successful swing traders attribute their success to years of learning the market and patience. You can use some tips to succeed at swing trading. Start by having a clear trading plan - when you start swing trade, have goals that you want to accomplish at the end of it. Next, put the odds in your favor- you do not want to start swing trading when everything is haywire. Use multiple indicators and enter the trade at the right time to increase chances of winning.  Avoid trading only on the short-term chart check exit points.

A swing trader has an unmatchable mindset. He is sharp and notices opportunities quickly. They also need to act quickly and be firm, overlooks losses, and moves to other things, focused, diligent, and confident. A swing trader needs to access and manage risks effectively. Many traders undervalue the importance of risk management. Instead, they focus more on finding good indicators, accurate entry levels, and more favorable trading opportunities. They do not realize that it is impossible to realize profits in swing trade without access and managing risks.

A prudent trader knows how to manage risks and creates an outlook for overall performance. Manage risks by setting orders and the reward, when to stop before you start. Winning traders create a risk management strategy before they start. You manage risks by identifying and taking action to minimize perils of transactions. As a swing trader, you must be someone who can identify risks and take steps to mitigate against them. Have a trading plan. Using Profit Targets and Protective Stops. Use leverages.

There are several risks of swing trading. There is a special tax formulated by the IRS that swing traders pay. It is good because full-time traders are taxed as businesses rather than investors. Swing traders are supposed to follow pattern day trading rules. If you open and close a position in one stock more than four times in a single day, you are counted as a pattern day trader.

One of the risks that come with swing trade is making huge losses. Some people put high leverages and end up losing everything. While loss is a possibility in any trade, there are steps you can take to minimize it. To implement money management strategies, create a budget before you buy stocks. Should need arise, adjust it accordingly. Many swing traders lament over losses because they did not have a budget. They operated freestyle without considering the risks involved. Organize your cash flow. Keep track of all your income every time. You can lose finances easily by focusing too much on how to succeed in the market and ignore finances.  You cannot trade smoothly if you do not have your finances in check and understand your expenses if you want to become good money.

This audiobook looks at different swing trading methods, risks, and benefits. It is recommended for beginners and anyone who wants to improve his/her swing trading skills. Feel free to use strategies given and recommend the audiobook to friends.

©2019 Robert Williams (P)2020 Robert Williams

What listeners say about Swing Trading

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Not even worth ten bucks

Hastily written for a quick audiobook side hustle. Errors throughout. Doesn’t provide any information you can’t find by listening to a couple of free podcasts. To extend the time on the book and make it appear more substantial, the writer/production manager slowed down the audio track. As a result the reader’s voice is awkward and painfully slow. You have to speed up the audio track to get it closer to normal. It’s like buying a bag of chips and opening it up to find it’s mostly air. You feel ripped off. Don’t buy Robert Williams Swing Trade, it’s not worth it.

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Clear,concise and a must listen for swing traders

The explanations were very helpful. The author also gives good advice on entering and exiting trades at the right time to maximize profits and maintain the reward to risk ratio.

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The only book you need if you're curious about

I have been day trading for a while now and was curious about getting into swing trading. I bought how to day trade for a living before starting to day trade, and this book is as clear and thorough as that book.Everything is written in simple language which is great, specially if you are a beginner.

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The book has some important points that I like

The explanations were very helpful. The author also gives good advice on entering and exiting trades at the right time to maximize profits and maintain the reward to risk ratio. This book contains a lot of valuable information that is very useful to us.

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This book contains lots of helpful information.

This book contains lots of helpful information. It's well spoken and doesn't cost too much. The author will remember that a beautiful book is hidden for us. Many thanks to the author for giving us such a beautiful book. Good introductory to technical analysis such as candlestick charts, moving averages and bollinger bands, as well as fundamental analysis such as ratios.

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Step by step guide very useful

This book step by step guide very useful for Swing Trading and i found this book lots of tips and tricks overall great and have learned various things about swing trading and here the author described some full proof & effective methods with step by step outlines for getting best profit from this trading and this book gave some very good information.

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Definitely recommend it.

This is the best "getting started" trading book I've listen. The trading techniques mentioned are best suited for swing traders and should help traders of any holding period. It discuss variety of topics that are useful for trading. Getting all of this information in one, well-described volume is worth the price.

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Great book tons to learn

The book goes straight to the point and it is filled with clear instructions on how to successfully trade. It will become my everyday go to guide while I am trading until I make sue I am following all the advise given in it!

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This is an amazing little audiobook!

If you want to do this for living and survive the brutality of the markets this book is a must listen. The management section is worth the price of book alone. management is the key to being successful. I totally agree on developing a system that gives less signals and less trading. Not forcing trades and taking trades that are 100% part of the plan, no deviation, no winging it.

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Great Resource to Start

An informative book.I am interested in this topic,This book contains specific information on how to start making immediate cash from swing trading.I was quite warned when this book claims that there are some danger here if you are not careful, so I turned to be more willing to discover it.i recommend this book to everyone i really liked it..