SwingTraderGuide - The Definitive Guide to Swing Trading Stocks
The Definitive Guide to Swing Trading Stocks
I liked Kevin right from the start and I could tell right away that he was part of the “keeping it real” crowd. I wasn’t going to get any hype. And, I could tell that he wasn’t going to insult my intelligence by showing me a bunch of “theories” that would never work in the real world.
Here is a quote from his book: The Definitive Guide to Swing Trading Stocks
There are so many trading offers out there that supposedly have “little-known” or “secret formulas” for finding profitable stock trades. Here’s the most profitable secret you need to know…NO trading method that is “secret” or “little-known” will work. You must come to understand that the very premise of making a profit is making trades (long or short) that everyone else trading. Now think about this. If it’s “secret” then very few traders are using it. It takes more than a few traders to move a stock price.
Finally! I have actually encountered a trader that gets it. After I read that, I became excited to read the rest of the book…
After the introduction, this book starts out with the basics of trading. If you are new to trading, you will find this helpful. If you have been trading for awhile, you can skip over this section. The Definitive Guide to Swing Trading Stocks
The rest of the book is where it starts to get good. He talks about trading system optimization, his criteria for choosing stocks, and how to build a solid watch list.
There is also a chapter on identifying and trading pivot points which is different from the way that I look at them.