The Swing Traders Bible ─ Strategies to Profit from Market Volatility

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. The key to making money in these kinds of markets is to sell when the market is near the top of its range and buy when it's near the bottom of its range. The authors explain how to use fundamental stock analysis and technical analysis to spot swing trading opportunities. They then provide very specific techniques for entering and exiting the market, including: channel analysis; momentum indicators; stock sector leaders/followers; market cycles; overbought/oversold indicators; trading volume; and money flows. The authors explain how to swing trade by taking outright positions in stocks or by using various options strategies. Most of the book is devoted to swing trading using individual stocks, but the authors also explain swing trading opportunities in stock indexes and in exchange-traded funds.

Matthew McCall, MBA, is founder and President of Penn Financial Group LLC, an investment advisory company that provides sophisticated advice to individual investors using the firm's proprietary research model. He publishes two newsletters: The ETF Bulletin and The PFG Bulletin, both of which provide buy/sell recommendations for individual stocks and ETFs. McCall has been quoted in the Wall Street Journal, BusinessWeek, SmartMoney, and the Christian Science Monitor. He regularly writes for Investopedia.com and has appeared on CNBC, Bloomberg, and BNN. McCall can now be found on Fox Business Network as a guest co-host as well as a regular contributor on Fox News Channel's number-one-rated business block on Saturday mornings.
Mark Whistler is the Senior Market Strategist for TradingMarkets.com, while also heading the Forex Force trading service. He is the founder of WallStreetRockStar.com and is also a columnist for traderdaily.com and Investopedia.com. Whistler has written two books, Trade with Passion and Purpose and Trading Pairs, both published by Wiley. In addition, he also coauthored Profit from China and Profit from Uranium, both published by Investment U/Wiley. Whistler also occasionally appears on CNBC. As a Forex expert, Whistler presents educational trading Webinars through FXStreet.com twice each week.

Acknowledgments.
Preface.
CHAPTER 1 Determining Your Trading Style.
Why Swing Trading is a Better Alternative to Day Trading.
How to Successfully Implement Winning Trades.
CHAPTER 2 The First Rule of Profitability: Stop Loss.
The End Should Always Come First.
Occasionally Unforeseen Disaster Strikes.
Hard Stops as a Profit Tool.
Using Trailing Stops to Increase Profitability.
CHAPTER 3 The Second Rule of Profitability: Commonsense Fundamentals.
Careful with ETFs, Indexes, and Option Valuation.
Common Sense is King.
Ratios Matter.
Exuberance is Never Fundamental Common Sense.
CHAPTER 4 The Third Rule of Profitability: Technical Analysis.
What is Technical Analysis?
The Basic Chart.
Introduction to Basic Technical Analysis Indicators.
The Importance of Technical Analysis.
A Beacon in the Night: The Chart is Your First Alert.
Self-Fulfilling Prophecy.
CHAPTER 5 Strategy 1: Take the Trends to Pieces.
Note on Fundamentals and Trend Trading.
Riding the Envelopes.
Profits through Pitchforks.
CHAPTER 6 Strategy 2: The RSI Indicator.
Choosing an RSI Setting.
RSI Swing Trading Strategies.
Implementing the RSI Strategies Step by Step.
Bringing It All Together.
CHAPTER 7 Strategy 3: MACD and Stochastic.
Understanding MACD.
Swing Trading Strategies Using the MACD.
Stochastic.
How to Trade the Stochastic.
CHAPTER 8 Strategy 4: The Tier II Play.
Follow the Leader.
Market Cap in Tiers.
Example in Action.
What to Look Out for: Hidden Correlations.
Where to Find Tier II Plays.
CHAPTER 9 Strategy 5: ETF Sector Rotation.
Asset Class Money Rotation.
Market Cycles.
Short-Term Sector Rotation.
Dow Theory.
CHAPTER 10 Strategy 6: The Macro-to-Micro Play.
Step-by-Step Macro-to-Micro Approach for Swing Traders.
The Daily Macro-to-Micro Trade Strategy.
CHAPTER 11 Strategy 7: Profit from Exuberance Premium.
Technicals Tell a Ton.
Identifying Exuberance Premium.
Technical Entry and Risk Management.
CHAPTER 12 Strategy 8: Japanese Candlestick Charts.
Single Candlestick Patterns.
Wrapping Up Candlesticks.
CHAPTER 13 Strategy 9: Option Primer and LEAP Options.
Brief Explanation of Options.
Puts and Calls.
LEAP Options.
CHAPTER 14 Strategy 10: Piggyback Strategy Using ETFs and Mutual Funds.
Finding International Swing Trade Ideas.
Piggybacking Mutual Funds.
CHAPTER 15 Strategy 11: Scanning for Swing Trade Ideas.
Establishing a Daily Scan List.
CHAPTER 16 Strategy 12: Swing Trading a Market Sell-Off.
Shorting Stocks: Profit When the Market is Falling.
Introducing Short ETFs.
CHAPTER 17 Strategy 13: Swing Trading the Megatrends.
Why Trade a Megatrend?
How to Trade a Megatrend.
Current Megatrends.
The Next Major Megatrend.
CHAPTER 18 Strategy 14: Return on Assets and Return on Equity.
Balance Sheet and Income Statement.
Return on Assets.
Return on Equity.
CHAPTER 19 Strategy 15: Covered Call Options.
What is a Covered Call?
Buying Stocks at a Discount.
Deep in the Money.
CHAPTER 20 Strategy 16: Straddles as a Profit Tool.
Consolidation is Key.
Straddles.
CHAPTER 21 Strategy 17: Bull and Bear Spreads.
Spreads: The Nuts and Bolts.
Spreads in Action.
Last Words.
Notes.
Bibliography.
Index.