Best Swing Trading Books You Should Read

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Here are the best swing trading books you should read:

How to swing trade. Great for newcomers and pros, by Andrew Aziz and Brian Pezim.
Swing trading for beginners: 7 golden rules. Perfect for beginners, by Jeff McMillan.
Mastering the trade. Ideal for beginners and pros, by John F. Carter.
The psychology of trading. Great for newcomers, by Brett N. Steenbarger.
The master swing trader. For all experience levels, by Alan Farley.
Swing trading for dummies. Perfect for beginners, by Omar Bassal.
The ultimate guide to swing trading. For all experience levels, by Steve Burns and Holly Burns.
Swing trading as a part-time job. Great for beginners, by Brett Brown.
In-depth guide to price action trading. Ideal for intermediate and advanced traders, by Laurentiu Damir.
Swing trading: tips and tricks. For all experience levels, by William Riley.

To succeed and earn consistently through swing trading, a trader must put in the effort to learn. Swing trading isn’t a skill you pick up on your own, so aspiring traders should prepare to study through reliable sources.

A great way to start is by reading the best swing trading books, which can guide you toward becoming a proficient trader. In this article, we have curated a list of the top 10 books for Forex swing traders. Just pick any of them and start learning!

Ten of the best books for swing traders

How to swing trade

Amazon link: Preview and purchase it here
Best for: both beginners. And professionals
Author: Andrew Aziz and Brian Pezim
Price: $17.06

Andrew Aziz and Brian Pezim's swing trading book is arguably one of the most widely read. While Brian Pezim is a retail trader who began trading in 1967, Andrew Aziz is a Canadian trader, investor, and recognized member of the Forbes Business Council.

In the Bear Bull Traders community, Brian is an active trader and also serves as a mentor. They both have a reputation for producing best-selling trading books.

Every swing trader needs the book "How to swing trade" to comprehend the swing trading methodology. It is a book for beginners and professionals whose aim is to be the best at swing trading. The information in this book will help you understand where and how to begin, what swing trading entails, and how you can do it.

Swing trading for beginners: 7 golden rules for making a full-time income

Amazon link: Preview and purchase it here
Best for: Beginners
Author: Jeff McMillan
Price: $16.23

“Swing trading for beginners” by Jeff McMillan is a further outstanding swing trading book for beginners. Jeff McMillan has extensive knowledge of using analytics, data, and AI.

He is Morgan Stanley Wealth Management's managing director and chief analytics and data officer. As a result of his exposure to various financial portfolios and trading experience, he also promotes growth and efficiency throughout the wealth management industry.

In this book, Jeff offers seven guidelines for swing traders who want to be successful. This book delves deeply into the crucial step that brand-new traders must take before beginning to trade. This book covers the best brokerage account for swing traders, the deposit required to open an account, and the ideal entry level for a swing trading position.

You'll learn several cutting-edge swing trading techniques and strategies when you pay close attention to this important component. There are hints on how to find top traders to follow on social media platforms, making it the best book for swing trading.

Mastering the trade

Mastering the Trade

Amazon link: Preview and purchase it here
Best for: Beginners and Professionals
Author: John F. Carter
Price: $37.98

John Carter is another top author of one of the best books for swing trading, titled "Mastering the Trade." John is well-liked in the community of Forex traders as an effective educator. He gives lectures at various financial trading conferences and training sessions.

Mastering the trade is one of John's best books for swing traders. This book is ideal for beginner and intermediate traders who want to learn the fundamentals of trading markets. It goes on to teach traders ways to decipher when an asset is going to gain or lose value. Additionally, it applies this knowledge through the use of real-world examples and suggestions, as well as insights from several successful swing traders.

This new edition of Mastering the trade contains the most recent information on swing trading and how to execute the best trades under any condition. John offers a thorough market overview of trading concepts and strategies. It includes tried-and-true setups with ideal markets and non-negotiable trading rules. These include the exact entry, exit, and stop-loss levels for swing and intraday trading, Skew to VIX, and so on.

The psychology of trading

The Psychology of Trading

Amazon link: Preview and purchase it here
Best for: Beginners
Author: Brett N. Steenbarger
Price: $42.00

According to the author of "The psychology of trading," trading demands a trader's response to real-life theories or logic. And the education a person receives as a child before becoming an adult contributes to this attitude.

Active trader Brett Steenbarger also covered market-watching methods and resources in this book. Swing trading entails a critical evaluation of real-world events from both a positive and negative angle by a human being.

Trading is challenging and risky. In real life, avoiding risks is the best course of action, but trading calls for a different approach. The first thing you hear when trading is to master how to manage risk or to find the most suitable risk management strategy.

So this book offers a mirror into the mind in addition to modern, scientific knowledge about psychology. It broadens the scope of knowledge about how human nature interferes with trading decisions. This book offers new perspectives on how our interactions with the market are, in fact, deeply personal.

The master swing trader

The Master Swing Trader

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Best for: Beginners, intermediate, Advanced
Author: Alan S. Farley
Price: $40.99

In this book, Alan teaches traders short-term trading strategies from a private trader and technical analyst perspective.

Any aspiring swing trader who wants to understand the swing trading methodology and get started trading should have this book. You can learn how to analyze the market by reading charts, using chart patterns, and getting a sense of market sentiment.

Farley shows readers how to profit from short-term trading opportunities using practical trading strategies and examples.

Swing trading for dummies

Swing Trading for Dummies

Amazon link: Preview and purchase it here
Best for: Beginners
Author: Omar Bassal
Price: $19.59

Among the popular swing trading books you can find online, one of the books you will be glad to study is “Swing trading for dummies” by Omar Bassal. Omar's rich experience made him the former head of the asset management division of one of the largest banks. He is a top trader.

He owns an asset management company that places trades using his stock screening algorithm. His books are among the best trading resources for "dummies" because of his track record of profitable trades. Financial concepts are made easy to understand in this book. This is the type of book you should have in your library and end up on your list of top swing trading books.

The ultimate guide to swing trading

The Ultimate Guide to Swing Trading

Amazon link: Preview and purchase it here
Best for: All Trader Levels
Author: Steve Burns and Holly Burns
Price: $9.99

Steve Burn's blockbuster series “The ultimate guide to swing trading” incorporates other top-rated trading topics. This series includes the “Ultimate guide to technical analysis” and “The ultimate guide to candlestick chart patterns”. Burns, a renowned author of over seventeen trading and financial books, used this book to make swing trading easy for potential traders.

The “Ultimate guide to swing trading” is one of the best swing trading books available in various online bookstores. Additionally, it covers every facet of swing trading, and you'll discover some of Burns' trading tactics and strategies. You will learn the correct risk-reward ratio for swing trades and how to create a trading plan with the psychology behind swing trading.

Best for beginners: "Swing trading as a part-time job"

Swing Trading as a Part-Time Job

Amazon link: Preview and purchase it here
Best for: All Trader Levels
Author: Brett Brown
Price: $18.52

In bookstores, this book is among the best resources for swing traders. If you pay attention to Brett Brown's swing trading strategy and how it differs from day trading and position trading, it will be simpler for you to begin trading on time.

You'll learn how to pick a broker, trade stocks and options, and spot trends on charts. Studying this book will generally advance your understanding of technical analysis. You can streamline your trading with the aid of this book and generate consistent profits without having to spend the entire day in front of a computer trading short-term, volatile moves.

In a nutshell, this book offers the most evident and straightforward explanation of the fundamental ideas and swing trading best practices that you will likely find.

In depth guide to price action trading: powerful swing trading strategy for consistent profits

In Depth Guide to Price Action Trading: Powerful Swing Trading Strategy for Consistent Profits

Amazon link: Preview and purchase it here
Best for: Intermediate and advanced traders
Author: Laurentiu Damir
Price: $7.99

This is a remarkable book for swing traders looking for a knowledgeable manual. The swing trading approach of Laurentiu Damir appears to maintain a proper risk-reward ratio better than the use of complex technical analysis tools and trading strategies.

You discover how to find the best entry and exit points using chart patterns and Fibonacci support and resistance levels.

Swing trading: tips and tricks, best techniques and principles, advanced and effective strategies to execute swing trading

Swing Trading: Tips and Tricks, Best Techniques and Principles, Advanced and Effective Strategies to Execute Swing Trading

Amazon link: Preview and purchase it here
Best for: All Trader Levels
Author: William Riley
Price: $19.95

Swing Trading by William Riley is also a top buy for traders and among the best swing trading books you should not miss out on reading. The reader gets top-notch techniques and principles that they can use to become swing traders in this series, thanks to William's thorough explanations in this book.

These are practical techniques that you can start implementing, as they include principles in your journey toward becoming a master swing trader. This book provides information on technical analysis, swing trading price charts, the price chart of a Japanese candlestick, and technical indicators.

Is swing trading a good career?

Yes, swing trading can be a rewarding career for those who dedicate themselves to learning effective strategies and managing risks. It offers the potential for significant returns by capitalizing on short- to medium-term market movements, making it an attractive choice for individuals who value flexibility and independent work.

However, success in swing trading requires patience, discipline, and a solid understanding of market trends. While it offers the opportunity to double your capital over time, risks such as overnight market volatility and emotional decision-making can lead to losses.

Proper planning, risk management, and continuous learning are crucial for building a sustainable career in swing trading.

How to become a swing trader?

Below we have outlined the steps you need to take to develop into a swing trader.

Step 1: Learn about swing trading

To become a swing trader, you must first familiarize yourself with swing trading. Some of the books mentioned in the article may suffice in this situation. To learn more, read about swing trading and watch videos about it.

Step 2: Open a demo trading account

To start applying your knowledge, open a demo trading account with a reliable platform, which has most of the practical features used in live trading. A Forex demo account lets you practice trading in a real-world environment without financial risk.

Step 3: Open a brokerage account

You must open a brokerage account to start trading with real assets in real-time. There are numerous brokerage firms where you can open an account, with prices ranging from expensive full-service to inexpensive service.

Here are some of the best brokers for swing trading:

Best Forex broker
	Min. deposit, $	Max. leverage	Min Spread EUR/USD, pips	Max Spread EUR/USD, pips	Max. Regulation Level	Open an account
Plus500	100	1:300	0,5	0,9	Tier-1	Open an account Your capital is at risk.
Pepperstone		1:500	0,5	1,5	Tier-1	Open an account Your capital is at risk.
OANDA		1:200	0,1	0,5	Tier-1	Open an account Your capital is at risk.
FOREX.com	100	1:50	0,7	1,2	Tier-1	Study review
Interactive Brokers		1:30	0,2	0,8	Tier-1	Open an account Your capital is at risk.

Step 4: Make your first deposit into the account

After opening a new account, fund it by linking your bank account to the brokerage platform. You can mail a check, write a check, or set up an electronic transfer for a quicker process. Once the transfer is complete, your brokerage account will be ready for investing.

Beginners should consider starting with a cash account to avoid the risks and interest costs associated with margin accounts, where you borrow funds from the broker for trades.

Step 5: Develop a routine

Create daily and weekly routines for analyzing potential trades through charting, research, and scanning for opportunities. Stick to your trading plan. Be patient. Swing trading requires patience to hold positions for the duration of swings and wait for the right opportunities. Don't force trades.

Step 6: Review performance

Keep a trading journal and routinely analyze your trades, performance metrics, wins/losses. Identify weaknesses and work to improve.

Step 7: Keep learning

Continuously improve your knowledge of the markets, news events, and technical/fundamental analysis to adapt and get better. Join trading communities, forums, or groups to exchange ideas, discuss strategies, and learn from others' experiences. Stay hungry.

Price action and journaling can improve your Forex swing trading

When learning Forex swing trading, one of the most helpful tips for beginners is to focus on price action and understanding market psychology, rather than getting lost in a sea of indicators. Many traders rely too much on technical tools, but the true advantage in swing trading comes from knowing how and why the market moves. Mastering support and resistance and getting a feel for market sentiment can make a huge difference in your ability to time trades effectively. As you gain experience, focus on reading price movements during different market conditions to capture more precise and profitable swings.

A crucial habit that many beginners miss is the importance of reviewing your trades. The best swing traders don’t trade on a whim—they regularly look back at their past trades. Instead of just following strategies from books, find one that encourages you to reflect on your trades. Keeping a trading journal allows you to see what works and what doesn’t, helping you improve your strategies. It also helps you spot patterns in your own decision-making, so you can make more informed choices.

Conclusion

The right books can significantly enhance your skills as a Forex swing trader by providing valuable insights, proven strategies, and practical tools. From foundational concepts to advanced techniques, the recommended books offer something for traders of all levels. By studying these resources, you can refine your trading approach, improve your market analysis, and build the confidence needed to succeed. Remember, knowledge is a powerful investment—combine what you learn with consistent practice to maximize your trading potential.

FAQs

Is swing trading still profitable?

Swing trading is indeed profitable today and hasn't stopped. The proper trading technique and strategy are all you need to succeed. Swing trading, like any other investment strategy, entails risks, so there are no guarantees.

Can I swing trade with $1000 dollars?

Depending on your broker and the entry point of the trading platform you intend to use, you can typically swing trade with $1,000 or even less. Swing trading minimums are not regulated by law, but some brokers have a $1000 minimum account balance requirement.

Who is the best swing trader in the world?

There is no single best swing trader, as success varies with strategies and market conditions. Notable figures like Dan Zanger, Nicholas Vardy, Sean McLaughlin, Fari Hamzei, Mark Minervini, and Jim Simons have made significant contributions, offering valuable insights through their unique approaches.

Is swing trading better than scalping?

Swing trading is viewed as a better trading option, especially for novices, because it requires less skill and trading knowledge. Swing trading is cheaper than scalping and requires fewer orders, so traders frequently experience lower trading expenses.

Team that worked on the article

Alamin Morshed is a contributor at Traders Union. He specializes in writing articles for businesses that want to improve their Google search rankings to compete with their competition. With expertise in search engine optimization (SEO) and content marketing, he ensures his work is both informative and impactful.

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Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).

Options trading

Options trading is a financial derivative strategy that involves the buying and selling of options contracts, which give traders the right (but not the obligation) to buy or sell an underlying asset at a specified price, known as the strike price, before or on a predetermined expiration date. There are two main types of options: call options, which allow the holder to buy the underlying asset, and put options, which allow the holder to sell the underlying asset.

Scalping

Scalping in trading is a strategy where traders aim to make quick, small profits by executing numerous short-term trades within seconds or minutes, capitalizing on minor price fluctuations.

Jim Simons

Jim Simons is a highly successful hedge fund manager and mathematician known for his quantitative trading strategies. He founded Renaissance Technologies, a quantitative hedge fund firm, in 1982. Simons and his team developed sophisticated mathematical and statistical models to identify profitable trading opportunities in various financial markets, including stocks, futures, and options

Day trading

Day trading involves buying and selling financial assets within the same trading day, with the goal of profiting from short-term price fluctuations, and positions are typically not held overnight.

Forex Trading

Forex trading, short for foreign exchange trading, is the practice of buying and selling currencies in the global foreign exchange market with the aim of profiting from fluctuations in exchange rates. Traders speculate on whether one currency will rise or fall in value relative to another currency and make trading decisions accordingly. However, beware that trading carries risks, and you can lose your whole capital.