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How to Swing Trade

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Learning how to swing trade can help you improve your stock portfolio performance. Check out Benzinga’s guide to the best swing trading courses to help you choose the right option for your investment education. 

Best Swing Trading Courses

Why Learn How to Swing Trade?

Swing trading is a style of short-term trading — you buy an investment and sell it off in a shorter period of time to capitalize on day-to-day volatility. 

A swing trader might hold onto an asset for as little as a few days or as long as a few weeks. Most swing traders use technical analysis to determine which assets to buy and sell. In other words, they don’t pay as much attention to fundamentals like a company’s potential or products as they do price indicators to predict whether an asset is currently undervalued.

Why should you learn how to swing trade? Swing trading has a number of benefits you can use to enhance your overall portfolio.   

Quicker Results

Swing trading lets you quickly test how well your strategy is working because you sell off assets shortly after you buy them. You’ll often be able to estimate the success or failure of your trading strategy in as little as 1 week.    

Monthly Income Potential

You don’t need to wait years or even decades to see profits so you can create a solid stream of relatively passive income by making only a few trades per month or per week. 

Avoid Pattern Day Trader Designation

Be aware of the SEC’s pattern day trader designation. The Pattern Day Trader Rule is a regulation set in place by the Financial Industry Regulatory Authority (FINRA). It states that if a trader makes more than 3 day trades in a 5-day period, he or she will be labeled a pattern day trader. Once you’re considered a pattern day trader, you must maintain a consistent balance of at least $25,000 in your account. If the balance dips below $25,000 and isn’t restored within a short period of time, you can be banned from making future day trades for up to 90 days.

You can get around the pattern day trading rule by swing trading if you have less than $25,000 of capital to trade. A day trade occurs when you buy and sell a security in a single trading day. If you wait just 1 business day after you buy an asset before you sell, you aren’t making a day trade. Swing trading is a great way to hone your skills without a massive amount of upfront capital. 

Our Top Trading Courses

You’ve decided you want to learn how to swing trade — so where should you start? Online courses provide a convenient and affordable way to learn new trading strategies and put them to use. We’ve rounded up some of the best swing trading courses and organized them by skill level.   

Best Swing Trading Courses for Beginners

Just getting started? Let’s take a look at some of the best swing trading courses for total market beginners.    

The Complete Swing Trading Course

Swing Trade Stocks and Forex with the Ichimoku Cloud
Source: Udemy
  • Who it’s for: Complete stock market beginners
  • Price: $22.99

If you’ve never invested in the stock market before, the Complete Swing Trading Course is an amazing place to begin. The course is for absolute beginners — it starts with an introduction to how the stock market works before moving onto different forms of analysis and how to formulate a solid swing trading strategy.

The Complete Swing Trading Course includes a free TradingView account to assist with charting and includes over 4.5 hours of on-demand video to help you learn to recognize technical patterns and make profitable trades. 

Swing Trade Stocks and Forex with the Ichimoku Cloud

Day Trading and Swing Trading Strategies for Stocks
Source: Udemy
  • Who it’s for: New traders who want a more technical focus
  • Cost: On Sale

Swing Trade Stocks and Forex with the Ichimoku Cloud is a beginner’s swing trading course that focuses on recognizing and utilizing the Ichimoku Cloud. The Ichimoku Cloud is a technical indicator that defines support and resistance levels. It’s widely used by swing traders to determine the best time to buy and sell. 

The course is short and sweet — about 1 hour of total course material is divided over 11 lectures. You’ll need a basic understanding of how trading works to effectively complete the course, but jargon is kept to a minimum. 

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Day Trading and Swing Trading Strategies for Stocks

udemy
Source: Udemy
  • Who it’s for: Beginners looking at swing trading from a technical perspective
  • Cost: On sale

Day Trading and Swing Trading Strategies for Stocks is a great choice for total stock market beginners who want to start off with a strong technical foundation. The course focuses on 3 unique strategies spread out over a 27 lecture series. It introduces both new and experienced traders to common swing trading strategies. At the conclusion, you’ll receive a free Excel trading sheet to track your progress.  

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Best Intermediate Swing Trading Courses

Consider an intermediate course if you need something more advanced. These courses require a basic understanding of how the market works but require no in-depth technical knowledge.   

Technical Analysis Masterclass: Trading by Technical Analysis 

Source: Udemy
Source: Udemy
  • Who it’s for: Traders who want to learn more about technical analysis strategies
  • Cost: On sale

Technical Analysis MasterClass is a crash course in the basics of technical analysis — a crucial function for swing traders. Over the course of 72 lectures, you’ll learn the basics of technical analysis and how you can use different indicators to inform your trades and place trend lines. The curriculum includes 7 hours of online video, 2 practice tests and plenty of hands-on exercises to help bring your trading to the next level. Like all Udemy courses, it also includes a 30-day money-back guarantee. 

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Easy 5-Step Fibonacci Swing Trading System

Easy 5-Step Fibonacci Swing Trading System
Source: Udemy
  • Who it’s for: Intermediate traders who want to advance their technical indicator repertoire 
  • Cost: On sale

Fibonacci retracement patterns are a common technical indicator swing traders use to inform their actions. The 5-Step Fibonacci Swing Trading System on Udemy lays out a series of 17 on-demand math lessons to help you learn how to introduce formulas into your trading strategy. 

You need the basics of both swing trading and the stock market as a whole, but a high level of mathematical understanding isn’t required to jump into the material. The course provides a solid, easy-to-follow explanation of a common and effective analysis strategy. 

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Forex Swing Trading Strategy – Live Day Trading Examples

Source: Udemy
  • Who it’s for: Traders who want to learn forex trading strategies 
  • Cost: On sale

Forex trading is a type of trading that involves buying and selling currencies. Once you get a handle on swing trading stocks, funds and other assets, you might want to try your hand at forex trading. Udemy’s Forex Swing Trading Strategy course introduces you to forex swing trading with live daily trading demonstrations. Follow along as your instructor performs real forex trades with explanations. Then try them out yourself using your own brokerage platform.

In addition to live demonstrations, the course also includes about 6 hours of swing trading information and instruction. Over 300 students have completed Forex Swing Trading Strategy, and users rated the course at an average of 4.9 out of 5 stars.

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Best Advanced Swing Trading Courses

Looking to further your swing trading knowledge? These courses help advanced traders strengthen your skills. 

Forex Trading — Advanced Fundamental Analysis

  • Who it’s for: Forex traders who want to extend beyond technical analysis
  • Price: On sale

Fundamental analysis involves looking at company and currency news to evaluate the value of an asset. Forex Trading — Advanced Fundamental Analysis is an expert-level course in fundamental analysis that can help you add another layer of theory to your swing trading. The course includes about 5 hours of instruction spread over 49 lectures. The strategies you’ll learn can also be applied to stock and other markets as well. 

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Reversal Candlestick Trading Strategy

Reversal Candlestick Trading Strategy
Source: Udemy
  • Who it’s for: Advanced traders looking to test out the reversal candlestick strategy
  • Price: On sale

Consider Reversal Candlestick Trading Strategy if you’re curious about adding another technical analysis strategy to your repertoire. This class begins with an in-depth explanation of candlestick charts and assists you in interpreting and predicting candlestick formations based on the reversal method. It includes about 2 hours of total course material spread over 26 lectures. Instructor Syed Rahman has also created a full set of written supplementary materials. The course is one of the highest-rated on Udemy — 4.7 out of 5 stars and more than 2,200 students.

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Advanced Swing Trading Strategy — Forex Trading/Stock Trading

  • Who it’s for: Advanced traders interested in high-level swing trading strategies
  • Price: On sale

Advanced Swing Trading is another strong course from one of the most prolific forex and stock swing traders on Udemy. Through 49 lectures and about 5 hours of material, you’ll learn more about how the stock and forex markets work, along with more strategies to enhance your swing trading. Like Rahman’s other courses, this includes articles and written supplementary materials. Advanced Swing Trading is a strong option for advanced traders, with over 5,700 students and an average rating of 4.6 out of 5 stars. 

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Improve Your Swing Trading

Further your financial education by investing in a swing trading course. If you’re not ready for a course, there are also plenty of free online resources you can consult to help you create better trading results. Check out our list of the best stocks to swing trade and the best online brokerages to get started.