Swing Trading Power Strategies to Cut Risk and Boost Profits

by Markman, Jon D.

• ISBN13: 9780471733928
• ISBN10: 047173392X
• Edition: 1st
• Format: Paperback
• Copyright: 2005-09-07
• Publisher: Wiley

Summary

This essential guide to a trading strategy offers a viable (and profitable) alternative to both day-trading and the buy-and-hold mentality.Swing Trading presents the methods that allow busy people to hold positions for as long as a week to a month and then exit with a handsome profit. Where day traders execute many trades for nickels and dimes, swing traders take larger positions and make few moves for more substantial returns. This resource focuses on how you can achieve success and reap the rewards of this unique and profitable trading method. You'll find step-by-step guidance and valuable tips on free online tools you can use to apply the swing trading method and substantially grow your portfolio. Order your copy today.

Author Biography

Jon D. Markman is Senior Investment Strategist and Portfolio Manager at Greenbook Investment Management. He also publishes the weekly StockTactics Advisor investment newsletter, and is a columnist for CNBC on MSN Money and TheStreet.com. From 1997 to 2002, he was managing editor of CNBC on MSN Money. From 1982 to 1997, he was an editor, reporter, and investments columnist at the Los Angeles Times. A graduate of Duke University and the Columbia University Graduate School of Journalism, Markman is author of the bestselling Online Investing and Swing Trading. He received a Gerald Loeb Award for distinguished financial journalism in 2003, and Sigma Delta Chi/Society of Professional Journalists national and regional awards for his 2001 reporting on Enron. He lives in Seattle with his wife and two children.

Table of Contents

Introduction	ix
Chapter 1 TERRY BEDFORD
"Price Is Everything"	1	(20)
Price Is Not Random	4	(1)
Price Anticipates Fundamental Changes	5	(2)
The Relationship between Price and Time Is Linear	7	(2)
Support and Resistance	9	(1)
Support and Resistance in a Downtrend	10	(1)
Support and Resistance in an Uptrend	11	(2)
The Importance of Volume	13	(5)
Upside Breakouts	18	(2)
Downside Breakouts	20	(1)
CHART PATTERNS
REVERSAL	21	(15)
One-Day Reversal	21	(2)
Island Reversal	23	(2)
Double Top	25	(3)
Double Bottom	28	(3)
Triple Top	31	(3)
Triple Bottom	34	(2)
MORE COMPLEX REVERSAL PATTERNS	36	(53)
Broadening Top	36	(3)
Head and Shoulders Bottom	39	(4)
Head and Shoulders Top	43	(3)
Diamond	46	(4)
Rounding Top	50	(3)
Rounding Bottom	53	(3)
Rising Wedge	56	(4)
Falling Wedge	60	(3)
Cup with Handle	63	(2)
Rectangle	65	(3)
Ascending Right Angle Triangle	68	(3)
Descending Triangle	71	(3)
Symmetrical Triangle	74	(2)
Bull Flags	76	(2)
Bullish Pennants	78	(3)
Bear Flags	81	(2)
Bearish Pennants	83	(3)
Rising Wedge	86	(3)
Chapter 2 BERT DOHMEN	89	(26)
Setups	92	(7)
Selling	99	(8)
Risk Control	107	(3)
Timing	110	(5)
Chapter 3 GEORGE FONTANILLS	115	(32)
Stock Selection	117	(14)
Trade Management	131	(16)
Chapter 4 JON MARKMAN	147	(84)
How StockScouter Works	150	(3)
Portfolio Management	153	(12)
Alternative 10-Stock StockScouter Portfolios	165	(10)
HiMARQ Analysis	175	(1)
Creating Your Own HiMARQ Worksheet	176	(55)
Chapter 5 RICHARD RHODES
The Macroeconomic Trend Trader	231	(42)
A Simplified Macroeconomic Trading Approach	232	(4)
How to Define the Macroenvironment	236	(6)
Rhodes' Setups	242	(9)
Journal Entries	251	(22)
Chapter 6 PHIL ERLANGER
Dr. Sentiment and Mr. Strength	273	(34)
Education of a Sentimentarian	274	(8)
Erlanger's Setups	282	(25)
Index	307