This document provides swing trading tips for beginners based on the author's observations of new traders. It outlines two major mistakes made - ignoring correlation between related stocks and using too many indicators. The author advises traders to only trade unrelated stocks to avoid doubling their risk, and to stick to only a few basic indicators like exponential moving averages and RSI until becoming profitable. Overall, the tips are meant to help new traders avoid common pitfalls and protect their capital.