While many people invest for the long term, most are passive about it and let someone else handle their finances.
Do you want someone else directing your wealth-building and financial growth, or would you rather take control yourself and grow wealth the way you want to do it?
Are you looking for financial freedom, here and now, rather than waiting for 20 years or 30 years to see results?
If you want to be in control and achieve financial freedom, swing trading might be the kind of wealth-building you are looking for. Swing trading is very different from traditional investing. With swing trading, you are really creating a business to earn profits from the stock market in the present time. By earning profits now, you can achieve financial independence quickly, and once you do, it's possible to grow and expand your trading so that you can build wealth and not just earn an income. The potential profits with swing trading are, in principle, limitless. You can make any amount with a minimal amount of time and effort if you have the right tools, strategies and guiding principles at hand.
There are a number of advantages to swing trading as a way of making good profits over a definite period of time;
- It expands the transient benefit potential by catching the greater part of market swings.
- It needs a shorter time to exchange than day trading.
- The merchants can depend only on specialized examination, improving the exchanging procedure.
Despite the advantages, there are a number of disadvantages of swing trading that any trader must consider;
- Swing traders regularly miss longer-term inclines for momentary market moves.
- Unexpected market inversions can result in significant misfortunes.
- Exchange positions are liable to medium-term and end of the week market chance.
This text is meant for anybody who wants to supplement their income and find an alternative income stream that is convenient for them. Swing trading can be done right from home, you do not have to report to an office or be subjected to a single boss. In this book, you will come across the following:
- The baby explanation of swing trading
- The top characteristics you should possess to be considered a swing trader
- The golden rules that apply in the game
- How to compare swing trading to other trades in life
- When should you buy long or sell short
- The candid signs that it is now time to enter a trade
- Those levels that give you a life headache - profit and loss levels
- As with every game, there are principles and rules. Jump into the learning curve and have a taste of technical and fundamental analysis
- To trade, you need to consider some financial instruments
- The 11 commandments to follow
- The dreaded mistakes to avoid
- How does a day of a swing trader look like?
- And many more!!
When you start swing trading, you will develop a specific routine that will allow you to maximize on your knowledge of the stock market and make a profit as a result. The contents of this text target almost any individual who is ready to start a second job that they have full control over.
Similarly, this text is also useful for anybody looking to quit their current profession and start a new one. Since you will be working from the comfort of your home, it is a good way to start over your career and pursue something you actually enjoy doing.
There are no restrictions over who can start swing t