Swing Trading Long Term

Swing Trading Long Term by Tony Pow, published by CreateSpace Independent Publishing Platform on August 3, 2016, is a comprehensive guide focused on the strategy of swing trading in the context of long-term investments. This edition spans 168 pages and is presented in English. The book outlines the author’s approach to swing trading, which involves holding stocks for approximately six months, allowing time for the market to recognize their value. It includes various strategies for market timing and emphasizes the importance of evaluating stocks at the end of the holding period.
Readers will find detailed insights into selecting fundamentally sound stocks and the significance of adjusting their portfolios based on market conditions. The book discusses the necessity of thorough qualitative analysis and the use of fundamental metrics for stock screening. Additionally, it offers techniques for identifying market downturns, aiming to help investors make informed decisions about buying, holding, or selling stocks. This practical guide is tailored for retail investors, sharing strategies that have been back-tested over a significant period.
Official synopsis Publisher
Most of my profits in investing are made using the strategy of Swing Trading using fundamentals. Defined by me, Swing Trading is holding the bought stocks for about six months. This book includes several strategies and market timing.At the end of the holding period, evaluate the stocks again to determine whether you want to sell it or keep it longer. Last year, most of the stocks are kept for about a year, so they are qualified for the better tax treatment as long-term capital gains in my taxable account.These stocks should be fundamentally sound (i.e. value stocks). Hence they need at least six months for the market to realize their values. Select the holding period that fits your objective. After six months, the fundamentals of the company, the sector that the company belongs to and/or the market may change. Hence, we need to evaluate and decide the ‘buy/hold’ decision. Sometimes, you may want to raise cash to buy another stock that has more appreciation potential than a stock you own. Churning the portfolio improves the quality of your portfolio. When the market is going to plunge, do not buy stocks. I have a simple technique to identify market plunges. It depends on stock data, so it will not identify the peaks and the bottoms precisely, but it will spare you for further losses and will instruct you when to reenter the market. It worked for the last two market crashes. It will detect the next crash, and hopefully it will give us enough time to react as the last two.After we have decided that the market is not risky, screen stocks for further evaluation. I use fundamental metrics to screen stocks. Then look for intangibles and do a thorough qualitative analysis on each screened stock. There is no magic formula, but due diligence will pay off in the long run. This book does not promise overnight wealth as promised by many others. This book is intended for a retail investor and I am one myself. It is not written by a journalist who may never make a buck in the market.I have conducted exhaustive simulations to back-test these strategies over the past 12 years. I am not a writer but a retail investor similar to most of my readers. I’ve been making a comfortable living via my investment ideas that I’m sharing in this book. Last Update: 01/2021. Size: 55 pages (6*9)
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