Recommend a book on swing trading and sector rotation

J

john7722

Hello, Could you please recommend a book on swing trading and sector rotation . I looked on YouTube but most videos look like they are done by kids for kids.

There are so many books on amazon on that topic but it is hard to tell who is an actually trader and who is just a writer.

Thank you .
 
I have never seen anything in a book that really breaks this down. If you can understand this recent example your good to go.

The indexes were unable to find a bottom the Biotech sector had formed a base - this is relative strength. When the indexes rallied the biotech sector lead the charge up.

Using relative strength for longs & relative weakness for shorts will get you into the right symbols more often than not with some practice.

upload_2022-6-26_23-9-28.png
 
Last edited:
john7722 said:
Hello, Could you please recommend a book on swing trading and sector rotation . I looked on YouTube but most videos look like they are done by kids for kids.

There are so many books on amazon on that topic but it is hard to tell who is an actually trader and who is just a writer.

Thank you .
More...
You have to have access to flow data to make correct judgments about rotations. What you can find online, like some charts about flows or COT is lagging data and most of the time useless since when you see it markets are in the process of digesting new important information.
 
john7722 said:
Hello, Could you please recommend a book on swing trading and sector rotation . I looked on YouTube but most videos look like they are done by kids for kids.

There are so many books on amazon on that topic but it is hard to tell who is an actually trader and who is just a writer.

Thank you .
More...
%%
IF you like charts; Alan Farley ,Master Swing Trader book . Charts help in that book, i seldom pay any attention to his double jointed words there.
He got many of his ideas from IBD+ those books+ sectors by William O Neil.:caution::caution:
 
comagnum said:
I have never seen anything in a book that really breaks this down. If you can understand this recent example your good to go.

The indexes were unable to find a bottom the Biotech sector had formed a base - this is relative strength. When the indexes rallied the biotech sector lead the charge up.

Using relative strength for longs & relative weakness for shorts will get you into the right symbols more often than not with some practice.

View attachment 287735
More...

This is so key and 'more often than not' is enough to be really profitable. Its all a probability game and once an edge is repeated over and over it will be profitable (with the correct management)
 
murray t turtle said:
%%
IF you like charts; Alan Farley ,Master Swing Trader book . Charts help in that book, i seldom pay any attention to his double jointed words there.
He got many of his ideas from IBD+ those books+ sectors by William O Neil.:caution:td I don't know much about this issue and I'm just starting my journey in this area. So any suggestions would be valuable to me. Before that, I was interested in something completely different and read a lot. For example a 1984 book by George Orwell, I used https://phdessay.com/free-essays-on/1984/ for this. But I'm tired of what I'm reading, but there's no point. We need to move on to something interesting, I thought. And so I decided to study this field of activity.
More...
Alan Farley, Master Swing Trader book. Read it, very impressed.
 
Last edited:
You must log in or register to reply here.
Back
Top