Getting Started in Swing Trading is a clear, practical guide for traders who want to profit from short- to medium-term market moves without the stress of day trading or the patience required for long-term investing. Written by Michael C. Thomsett, a respected financial author, this book introduces the principles, strategies, and tools necessary to succeed in swing trading—making it accessible for beginners while offering depth for more experienced traders.
Thomsett explains how swing trading bridges the gap between day trading and long-term investing, focusing on capturing price swings that occur over days or weeks. The book covers technical analysis essentials, including chart patterns, trendlines, moving averages, and momentum indicators, as well as risk management techniques that protect profits and limit losses.
Readers will learn how to identify high-probability setups, time entries and exits with precision, and develop a swing trading plan that matches their personality and risk tolerance. The book also discusses the psychology of trading, emphasizing discipline, patience, and consistency as keys to success.
Packed with examples, illustrations, and step-by-step explanations, Getting Started in Swing Trading is both a learning resource and a practical trading manual—ideal for traders seeking flexibility and consistent profitability.
✅ What You’ll Learn:
- The fundamentals of swing trading and how it differs from other trading styles.
- How to use technical analysis tools for swing trade identification.
- Strategies for entering, managing, and exiting trades profitably.
- Risk management techniques to preserve capital.
- The mindset and discipline required for consistent results.
💡 Key Benefits:
- A beginner-friendly introduction with actionable strategies.
- Balanced coverage of technical skills and trading psychology.
- Applicable to various markets, including stocks, ETFs, and forex.
- Helps traders avoid common pitfalls and focus on high-probability trades.
👤 Who This Book Is For:
- Beginners seeking to learn swing trading from scratch.
- Active traders wanting a more flexible, less stressful style than day trading.
- Investors looking to add short-term strategies to their portfolio.
- Anyone aiming for steady, repeatable trading profits.
📚 Table of Contents:
- Introduction to Swing Trading
- Swing Trading vs. Other Trading Styles
- Technical Analysis Essentials
- Identifying High-Probability Setups
- Entry and Exit Strategies
- Risk and Money Management
- Trading Psychology and Discipline
- Building and Testing Your Trading Plan
- Swing Trading Across Different Markets
- Tips for Continuous Improvement