Anne-Marie Baiynd

Anne-Marie Baiynd/Presnell/Buttrick/Band
Born January 11, 1966
Port of Spain, Trinidad
Occupation Non-fiction writer, Financial Analyst
Nationality American
Notable works "The Trading Book: A Complete Solution to Mastering Technical Systems and Trading Psychology" (2011)

Anne-Marie Baiynd/Presnell/Buttrick/Band (January 11, 1966) is an American author, financial analyst, technical analyst. While she claims to be Anne-Marie Baiynd, her last name also used to go by Buttrick. Now her last name appears to be Band or Presnell.[1] Right now, she also goes by Band or Presnell. Baiynd/Presnell/Buttrick/Band published her Market Positioning System (MPS) in 2011 to educate beginning day traders on the tools and techniques that have her listed in Traders At Work: World's Most Successful Traders Make Their Living in the Markets. Baiynd/Presnell/Buttrick/Band runs a day trading room where subscribers can follow her trades online and provides swing trading set-ups as well as trading education through her web site.

Background

Anne-Marie Baiynd/Presnell/Buttrick/Band was born in Port of Spain, Trinidad and moved to the United States in 1978 with her parents, brother, and sister. She became a naturalized citizen of the United States in 2002. Baiynd/Presnell/Buttrick/Band is married with a blended family of nine children.

Baiynd/Presnell/Buttrick/Band majored in applied mathematics at the University of North Carolina at Asheville.[2][3] Her master’s work included "statistics, biostatistics, and behavioral studies".[3]

In 1994, Baiynd/Presnell/Buttrick/Band began conducting research on the efficacy of vagus nerve stimulation in the treatment of intractable epilepsy at Carolina Neurological. From there she began engaging the public as a corporate speaker and trainer. She also held a position as a vice president of sales and eventually served as CEO of the recruitment firm, SPIRIT ipds, Inc., until 2006.[2][3]

While attending a SUCCESS magazine convention in 2005, she was introduced to technical analysis at a session led by Phil Town.[3] After 14 years in recruiting she took this opportunity to make a change in her career.[3]

Baiynd/Presnell/Buttrick/Band took one class from Investools and began trading real money.[4] After struggling in the markets for 18 months, Baiynd/Presnell/Buttrick/Band stopped trading with real money and began paper trading to learn market rhythms.[3][4] Baiynd/Presnell/Buttrick/Band is primarily a self-taught technical analyst though she does credit Brian Shannon and Peter Reznicek for her learning about multiple time frames and market internals such as ticks.[3][5] Early in her career she considered herself primarily a swing trader.[4] Baiynd/Presnell/Buttrick/Band applies technical analysis for trades on multiple time frames for shorter term trading and not for longer term "Buy and hold" investments.[6][7]

Soon after StockTwits launched their services in 2009, Baiynd/Presnell/Buttrick/Band joined the service and began offering trade suggestions and advice. StockTwits founder Howard Lindzon, in his book The StockTwits Edge, states that "While I've not met Anne-Marie, her reputation for good ideas is second to none. She offers complete and detailed ideas around her strategy and then follows up with commentary on how trades performed."[8] In the 2013 E-book on THE BEST OF THE BEST by Brian Lund, Baiynd/Presnell/Buttrick/Band's mental and chart analysis philosophies from StockTwits are quoted.[9][10]

Baiynd/Presnell/Buttrick/Band was interviewed as one of the "World's Most Successful Traders" by Tim Bourquin and Nicholas Mango in their book Traders at Work: How the World's Most Successful Traders Make Their Living in the Markets.[2]

Market Positioning System

Front cover of Baiynd's first book

Baiynd/Presnell/Buttrick/Band first published her Market Positioning System (MPS) in 2011.[11] She covers the details of the MPS in detail in her first book The Trading Book: A Complete Solution to Mastering Technical Systems and Trading Psychology.[11] The book is geared towards beginning day traders.[12]

One unique feature in the book is that Baiynd/Presnell/Buttrick/Band speaks explicitly about her failures early in her trading career and what she did to overcome these challenges.[12] She describes in great detail with large charts her MPS and how she trades the momentum as the prices move.[12] Her MPS applies the concepts of support and resistance levels, price channels, moving averages, Fibonacci retracements and Bollinger Bands to select the proper time to enter a trade long or sell short.[12][13] Even though the book is written with the novice in mind, traders that already use these tools can take away information about their subtleties.[13]

Baiynd/Presnell/Buttrick/Band also describes the need to create a trading journal to log your daily activities so that you can perform a through after action review of trades that went well as well as those that did not.[12][13] She also follows up with examples from her own journal.[12] This builds a framework around her discussions on the psychological side of trading.[13]

In the book review by the magazine Futures, reviewer Leslie Masonson states that Baiynd/Presnell/Buttrick/Band provides a very "actionable and pragmatic approach to day trading."[12] Brenda Jubin at Seeking Alpha stated that the book "may not be the greatest thing since white bread, but it’s a darned good read."[13]

References

  1. ↑ http://www.intelius.com/people/Anne-Presnell/06gxs74xvez
  2. 1 2 3 Bourquin, Tim; Mango, Nicholas (2013). Traders at Work: How the World's Most Successful Traders Make Their Living in the Markets. Apress. ISBN 978-1430244431. Retrieved 2013-04-29.
  3. 1 2 3 4 5 6 7 Gopalakrishnan, Jayanthi; Faber, Bruce (2011). "Trade Smart With Anne-Marie Baiynd". Technical Analysis of Stocks & Commodities. Retrieved 2013-04-30.
  4. 1 2 3 Hoffman, Damien (2010-02-17). "Exclusive: Top Indie Trader Anne-Marie Baiynd". Wall St Cheat Sheet. Retrieved 2013-04-29.
  5. ↑ Shannon, Brian (2008). Technical Analysis Using Multiple Timeframes. LifeVest Publishing, Inc. ISBN 1598795805.
  6. ↑ Sykora, Allen (2012-03-15). "Webinar: S&P Capital IQ Analyst Looks For Higher Gold Price By Year-End". Forbes. Retrieved 2013-05-01.
  7. ↑ Russolillo, Steven; Cheng, Jonathan (2013-05-16). "Day Traders Steer Tesla Higher". The Wall Street Journal. Retrieved 2013-05-16.
  8. ↑ Lindzon, Howard; Pearlman, Philip; Ivanhoff, Ivaylo (2011). The StockTwits Edge: 40 Actionable Trade Set-Ups from Real Market Pros. Wiley Trading. ISBN 978-1118029053.
  9. ↑ Lund, Brian (March 2013). TRADING: THE BEST OF THE BEST - Top Trading Tips for Our Times. BCLund.com Blog. Retrieved 2013-04-29.
  10. ↑ Sizemore, Charles (2013-08-08). "A New Kind Of Investing Book? Brian Lund Offers Advice From Real World Traders". Forbes. Retrieved 2013-08-10.
  11. 1 2 Baiynd, Anne-Marie (2011). The Trading Book: A Complete Solution to Mastering Technical Systems and Trading Psychology. McGraw-Hill. p. 272. ISBN 9780071766494. Retrieved 2013-04-26.
  12. 1 2 3 4 5 6 7 Masonson, Leslie N (2012-06-01). "The Trading Book: A Complete Solution to Mastering Technical Systems and Trading Psychology - Book Review". Futures (magazine). Retrieved 2013-04-26.
  13. 1 2 3 4 5 Jubin, Brenda (2011-07-11). "Book Review: Baiynd's 'The Trading Book'". Seeking Alpha. Retrieved 2013-04-26.

External links

This article is issued from Wikipedia - version of the 10/29/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.