Suggest Some Books to Learn Basics of Swing Trading
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3 Best Books to Learn Swing Trading in India
Swing trading is a low-risk trading compared to intraday and options. But without a proper knowledge, stepping into stock market is too risky.
As per my suggestion, I recommend beginners to spend at least 1000 hours on learning before entering swing trading.
There is a lot of stuff online to learn swing trading in India, here are a few book suggestions to learn swing trading for beginners:
1. “A Beginner’s Guide to Swing Trading” by Matthew Driver:
This book is one of the best suggestion for beginners. It covers the basics of swing trading, technical analysis, and essential strategies to help you get started with swing trading in India.
The book’s language is easy to understand, making it suitable for beginner swing traders.
2. “Swing Trading For Dummies” by Omar Bassal:
As part of the “For Dummies” series, this book breaks down swing trading into different sections. It covers key strategies of swing trading, risk management, and practical tips for swing trading. The author simplifies complex concepts for easy understanding.
The book costs around 4681 Rs. on Amazon. Buy Here.
3. “How to Make Money in Intraday Trading” by Ashwani Gujral & Rachana A:
Although the book focused on intraday trading, it provides valuable learnings into short-term trading strategies that can be applied to swing trading.
It explains the practical approaches and simple strategies for trading in the Indian Stock market.
This book is available on Amazon at Rs. 669/- including GST. Buy Here.
These are a few suggestions from my end, you can also refer few other youtube channels like CA Rachana Ranade, Pranjal Kamra etc.,
Most Useful Books for Swing Trading in India
“Trade Your Way to Financial Freedom” by Van K. Tharp:
This book offers a brief understanding of trading psychology and risk management in trading, which are crucial aspects of successful swing trader.
It provides insights into building a solid trading plan and managing trades effectively.
2. “Technical Analysis of the Financial Markets” by John J. Murphy:
This book doesn’t covers swing trading concepts but, it is a fundamental guide to technical analysis. Understanding technical indicators and patterns is vital for swing trader, and this book explains these concepts in a simple manner.
These books provide a great knowledge for understanding swing trading concepts and techniques applicable to the stock market.
Note: Remember to practice paper trading and gain real-time experience before entering stock market.