Swing Trading Books You Must Read in 2018

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Swing Trading is such a popular way of trading the global markets. As a result, we have a dedicated swing trading books review section on its own.

The reason swing trading is so popular is simple. Day Traders need to sit and watch the screen all day and most people have a day job.

If you have a 9-5 day job, then day trading is not going to be a solution for you. Instead, swing trading is well suited to those with a day job.

In fact, swing trading is great for those trading:

  • stocks
  • forex
  • indices
  • commodities

What is swing trading?

Swing trading is a simple concept. You trade in the direction of the trend, wait for a pullback and then enter on confirmation of the trend continuing.

Here is an example of a swing trade with a chart of National Australia Bank (NAB) updated for 2017.

Steps to placing a swing trade:

  1. Identify a stock in a steady uptrend. You will notice on the chart below, the 100 period moving average is rising and has been for many months.
  2. Wait for a pullback. NAB rallied up to a high of $32.10 on the 9th of January 2017. Profit takers stepped in and sold NAB down to below $30.
  3. The pullback can be found using an indicator like a stochastic. The stochastic showed NAB in the oversold region.
  4. You then confirm the move back or a resumption of the uptrend. Best to wait for it to move above a recent high point.
  5. The length of your swing trade will depend on your tolerance for risk. How much open profit are you willing to give back. Depending on your backtesting, you might have a tight trailing stop or a more liberal stop loss.

swing trading books examples

There have been a number of excellent swing trading resources available online. We’re going to review a few of the best swing trading books available.

It is truly remarkable what is available via Amazon nowadays. The reality is, some authors have put their heart and soul into their swing trading book.

For less than $30, you can get access to the best strategies employed by full-time traders. You can get into their mindset, their ideas and strategies. You can understand their trade management. All of this by investing a few hours reading their books.

Of course, with any form of trading, it can take years to master the skills. But for $30, you have a huge head start to building your ideal trading system.

You may find after reading a handful of these books that one particular style resonates with you and you then go on to use that swing trading method for your ultimate success.

Below you’ll find a list of some of the most highly recommended Swing Trading books. Take your time and be sure to invest regularly in your ongoing education as a trader. It will certainly pay dividends down the track.

Book review of The Master Swing Trader Toolkit: The Market Survival Guide by Alan Farley

The Swing Trader Toolkit is Alan’s updated version of his original classic.

swing trading books

The important part is not just that it is updated, but it has new swing trading examples and ideas.

Alan’s main goal with this book is to help you identify low-risk trading opportunities. This is possible with Swing Trading. The reason swing trading lends itself to low-risk trading opportunities is you clearly identify your exit points before placing your live trades.

The book itself is divided into three sections, including:

  • Technical swing trading setups
  • How to understand the trading psychology for swing trading opportunities
  • Swing trading trade management

You will learn how to read the tape

Despite the book being about swing trading, Alan does a brilliant job at explaining how to read the tape. Here he is talking about reading the market depth. As he explains, this is something that cannot be manipulated and is always true. After all, it contains all the market participants at that moment in time.

To truly make the most of your swing trading systems, you need to understand the psychology of the market participants at these key levels.

By getting into the mind of the traders, you can better positions yourself for success.

Trade management is key to your swing trading systems

One of the key parts of this swing trading book is Alan’s focus on trade management. You need to know how to manage your trades. You also need to know how to manage multiple swing trades at once.

For many, the trade management section will be the section you revisit the most.

If you are looking for the best swing trading book, then pick up a copy of The Master Swing Trader Toolkit.

Not only will you get some brilliant swing trade ideas, but it is sprinkled with a good deal of humour throughout.

Below is a table of the top swing trading books available on Amazon right now.

Please note that if you click on and purchase a book via the links on this site, then we will earn a small commission.

Day Trading books
Contracts for Difference books
Technical Analysis books
Forex trading books
Trading System books
Trading Mindset and Psychology books
Investing books
Personal Development books
Swing Trading books
Wealth Creation books
Daryl Guppy books
Stock Market book reviews

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