Review: GENERATE CONSISTENT INCOME WITH SWING TRADING
Rating: 4 out of 5
Date: 07 6, 2014
Swing Trading is the art and science of making money from the fluctuations in a stocks’ price over a short period of time.Swing traders hold stocks for longer than a Day trader but for less time than a long term investor.  This type of trading offers a more efficient use of capital as well as consistent income generation.  However, there are some drawbacks; traders must pay higher commissions and the level of volatility rises as well.  Swing Traders find and enter trade then begin looking for an exit point using technical analysis and indicators such as Fibonacci extensions, resistance levels and price by volume.  Entering trades is the Art of the Swing Trading strategy as it tends to rely solely on day trading activity.  On the other hand, trade management and exits should ALWAYS be an EXACT SCIENCE.  Wilson’s book has some excellent information but I felt that the writing style and language was geared toward a more experienced trader rather than the beginners that it was supposedly written for.  A good read nonetheless.