Swing trading is a good option for investors who may not have the temperament or time to engage in day trading. Having success in this field requires you to take the time to learn about the various trading strategies and processes for short-term trading.
Fortunately, many successful investors that have come before you have made the effort to take the practices and methods that have made them successful and put them into easy-to-read guides. First-time traders and experienced traders alike can take advantage to dramatically increase their knowledge.
However, it can be difficult to determine which books are worth your time. That’s why we’ve put together this list of 10 swing trading books, ranging from beginner to advanced, to help narrow down your options.
Beginners
The following swing trading books are perfect for beginners.
#1. Swing Trading: An Innovative Guide to Trading with Lower Risk – Warwick Khan
In Swing Trading: An Innovative Guide to Trading with Lower Risk, Warwick Khan provides in-depth explanations of many of the strategies experienced swing traders use to gain significant profits from their investments.
Among other things, you will learn how to get in on trends with low risk, how to predict stock jumps, and how quickly grow a small account.
#2. Swing Trading: Make Money Online: Introduction To Swing Trading For Beginners In 2018 – Marcus Baumann
Marcus Baumann, an experienced tax attorney, delivers expert advice and easy-to-apply strategies for swing trading in Swing Trading: Make Money Online: Introduction To Swing Trading For Beginners In 2018.
Appealing primarily to beginners, Swing Trading explains how busy professionals can trade stocks, commodities, indices, and forexes and generate extremely favorable profits. Novices are sure to benefit greatly from the methods for trading and risk-management Baumann provides in this book.
Intermediate Swing Traders
The next few books are better suited to intermediate traders with a bit of knowledge.
#3. Swing Trading: The Definitive And Step by Step Guide To Swing Trading: Trade Like A Pro – Andrew Johnson
While some of the content in this book tailors more to beginner traders, investors who are already familiar with some of the core aspects of swing trading can benefit greatly by the advice provided by long-time trader, Andrew Johnson.
Everything from day trading to evaluating market patterns to risk management is covered in this comprehensive guide to swing trading.
#4. Come Into My Trading Room – Dr. Alexander Elder
Come Into My Trading Room is another book that is perfect for both beginner and intermediate traders as it covers both the basics and secrets of becoming a successful trader in extensive detail.
In this guide, Dr. Alexander Elder provides step-by-step instructions to help you manage your money, trade stocks, options, and futures, and create a profitable portfolio. With the help of Dr. Elder’s expertise, this book is sure to help you become familiar with the methods that you need to become a successful trader.
#5. Technical Analysis Using Multiple Timeframes – Brian Shannon
Technical Analysis Using Multiple Timeframes, by Brian Shannon, is considered by many experienced traders to be a must-read due to its ability to help readers truly understand technical analysis.
Reading through this guide is sure to provide you with the information you need to make successful trades based on trends, estimating potential profit, and recognizing and controlling the decisions you make based on your emotions.
#6. Long-Term Secrets to Short-Term Trading – Larry Williams
As a revered technical analyst and market guru, Larry Williams outlines the steps and strategies you can use to profit off of short-term trades. Long-Term Secrets to Short-Term Trading offers trading strategies and wisdom on topics such as chaos, volatility, speculation, and profit patterns.
This guide is a fantastic resource for traders looking to minimize their risk while being able to take advantage of short-term market movements.
More Advanced Traders
And now these books for the more advanced traders.
#7. The Master Swing Trader Toolkit: A Market Survival Guide – Alan S. Farley
The Master Swing Trader Toolkit is a fantastic guide which aims to help experienced traders prepare themselves for success in the current and future market. In this book, Alan S. Farley covers a range of topics, including:
● Risk Management
● Remote Trading
● Cross-market Analysis
● How to Become a “Survivalist Trader”
● How to Manage Several Positions
Using a variety of real-world case studies and situations, Farley does an excellent job of clearly explaining his strategies for success.
#8. Dave Landry On Swing Trading – David Landry
In Dave Landry on Swing Trading, Landry aims to educated individuals who don’t have time for day trading on how they can still build valuable portfolios through swing trading. Reading this guide will help you learn how to select stocks based on volatility, time your trades effectively, and manage your money while limiting your losses.
Advanced traders can utilize the strategies found in this book to experience significant gains by capitalizing on false market moves.
#9. Mean Reversion Trading Systems – Howard B. Bandy
Dr. Howard Bandy utilizes his education in mathematics and engineering along with his professional experience as a professor and Commodity Trading Advisor in Mean Reversion Trading Systems to educate readers on the advanced strategies they can use to become a successful swing trader.
Readers will learn how to trade major ETFs and liquid entities, and will understand how to identify overbought and oversold conditions.
#10. Buy The Fear, Sell The Greed – Larry Connors
Larry Connors provides strategies that can be used to turn profits based on the behavioral patterns of other traders, investors, and money managers in this detailed guide. Buy The Fear, Sell The Greed demonstrates how behavior can create extremely profitable opportunities for traders that know what to look for.
As the first book to quantify fear and greed for short-term trading, this guide will provide you with strategies that cannot be found anywhere else.
Final Thoughts
One of the best steps you can take to get started on a new endeavor is to read the advice and wisdom that experts in the field have already put out into the world.
Swing trading offers tremendous opportunities for profit; however, it can also be an extraordinarily risky practice. Whether you are a beginner or advanced trader, taking advantage of the strategies, examples, and methodologies laid out in these books can help you grow your portfolio through short-term investments.