Recommended Reading #1 - You can finally persuade your spouse that "swinging" is not such a bad thing.

Recommended Reading #1 - Swing Trading by Jon D. Markman of MSN Money


Hey folks!

From time to time, I am able to sneak some time into reading books (you mean they still make those things?!). Yep, thats right books (I know I'm such a nerd)! One such book that I picked up and find quite useful, is Swing Trading by Jon D. Markman. If you are an amateur or novice such as myself, this is an excellent book to pick up on. Even more so if you are interested in Trading. You see, this is more of a trader's book since it outlines some of the basic concepts (and more advanced concepts as well) or Swing Trading. Swing Trading is position- based trading based soley on stock and chart technicals rather than fundamentals within a relatively short period of time (few days). The book explains chart patterns -reversals, double tops, double bottoms, head and shoulder tops/bottoms, upside/downside breakouts, triangles, flags and other technical chart patterns are discussed and illustrated. So yeah, I recommend it as a good read!

Investopedia Definition of 'Swing Trading'- "A style of trading that attempts to capture gains in a stock within one to four days".

Additional Investopedia commentart on 'Swing Trading'- "To find situations in which a stock has this extraordinary potential to move in such a short time frame, the trader must act quickly. This is mainly used by at-home and day traders. Large institutions trade in sizes too big to move in and out of stocks quickly. The individual trader is able to exploit the short-term stock movements without the competition of major traders. Swing traders use technical analysis to look for stocks with short-term price momentum. These traders aren't interested in the fundamental or intrinsic value of stocks but rather in their price trends and patterns".

'Swing Trading' definition and commentary appears courtesy of Investopedia.com
www.investopedia.com