"You
can make far greater profits (by trading) swings than in any other way"—W.
D. Gann, Legendary Trader
Swing
trading is a method of profiting from the stock market's short-term upswings
and downswings. And since such short-term swings are an ever-present phenomenon,
knowledgeable swing traders can make money all the time, whether the market is
going up or down — or, even,
sideways. It's no wonder then that the numbers of swing traders are growing by
the day. But not many are familiar either with the Gann swing chart, which is
specifically designed for swing trading, or with the best swing trading tactics.
In
this book, expert swing trader Marc Rivalland, reveals:
What
swing trading is — and how you can trade swings
What
Gann swing charts are, how to construct them — and how to use them for perfect
market timing
Which
securities and indices work best for swing traders
Swing
trading techniques — capital needed, profit maximisation techniques, stop
losses, setting profit targets, and mistakes to avoid
How
and when to close your trading positions and book profits
How
to integrate swing charts with point & figure charts to further improve your
chances of success
How
to trade the big swings, how to make money in smaller swings and when it's
best to sit on the sidelines and do nothing
How long term buy-and-hold investors can profit from swing trading.
Based
on the author's two-decade trading experience, this book is packed with expert
guidance on a disciplined approach to profitable short-term trading — and one
by which you can make money both during the market's upswings and downswings.
Marc Rivalland
Equity analyst, futures trader and arbitrageur, Marc Rivalland is an experienced swing trader. He writes regular columns on trading in the British media and conducts training seminars on technical analysis.
Marc Rivalland's swing trading techniques are based on the legendary trader W. D. Gann's swing charts, to which he has added some nuances and modifications of his own based on his experience of swing trading contemporary markets. He swears by swing trading which he says allows "you to make money even when the markets fall and other investors are frowning".
Mr. Rivalland's academic background spans Commerce and Law. After graduating with a Bachelor of Commerce in 1975, Marc Rivalland worked as a share analyst for one of South Africa's leading merchant bankers. At the same time he undertook his Bachelor of Laws degree. In 1979 he emigrated to the UK and worked in the futures industry, first as an analyst and then as an account executive. He was team leader for Conticommodity on the LIFFE floor when it opened in September 1982. After a stint as a floor trader and arbitrageur, Marc was called to the English Bar by the Middle Temple in July 1987 and continues to practise Law.