Anne-Marie Baiynd (born January 11, 1966) is an American author,

financial analyst A financial analyst is a professional, undertaking financial analysis for external or internal clients as a core feature of the job. The role may specifically be titled securities analyst, research analyst, equity analyst, investment analyst, ...

, technical analyst. Baiynd published her Market Positioning System (MPS) in 2011 to educate beginning

day trader Day trading is a form of speculation in securities in which a trader buys and sells a financial instrument within the same trading day, so that all positions are closed before the market closes for the trading day to avoid unmanageable risks a ...

s 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 runs a day

trading room A trading room gathers traders operating on financial markets. The trading room is also often called the front office. The terms "dealing room" and " trading floor" are also used, the latter being inspired from that of an open outcry stock exc ...

where subscribers can follow her trades online and provides

swing trading Swing trading is a speculative trading strategy in financial markets where a tradable asset is held for one or more days in an effort to profit from price changes or 'swings'. A swing trading position is typically held longer than a day trading po ...

set-ups as well as trading education through her web site.

Background

Baiynd majored in

applied mathematics Applied mathematics is the application of mathematical methods by different fields such as physics, engineering, medicine, biology, finance, business, computer science, and industry. Thus, applied mathematics is a combination of mathematical s ...

at the

University of North Carolina at Asheville The University of North Carolina Asheville (UNC Asheville, UNCA, or simply Asheville) is a public liberal arts university in Asheville, North Carolina, United States. UNC Asheville is the designated liberal arts institution in the University of N ...

. Her master's work included "statistics, biostatistics, and behavioral studies". In 1994, Baiynd 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 Recruitment is the overall process of identifying, sourcing, screening, shortlisting, and interviewing candidates for jobs (either permanent or temporary) within an organization. Recruitment also is the processes involved in choosing individual ...

firm, SPIRIT ipds, Inc., until 2006. While attending a '' SUCCESS'' magazine convention in 2005, she was introduced to technical analysis at a session led by

Phil Town Philip Bradley Town (born 21 September 1948) is an American investor, motivational speaker, and author of two books on financial investment that were ''New York Times'' best-sellers. Early life and education Phil Town was born in Portland, Ore ...

. After 14 years in recruiting she took this opportunity to make a change in her career. Baiynd took one class from Investools and began trading real money. After struggling in the markets for 18 months, Baiynd stopped trading with real money and began paper trading to learn market rhythms. Baiynd 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 Ticks (order Ixodida) are parasitic arachnids that are part of the mite superorder Parasitiformes. Adult ticks are approximately 3 to 5 mm in length depending on age, sex, species, and "fullness". Ticks are external parasites, living by ...

. Early in her career she considered herself primarily a swing trader. Baiynd applies technical analysis for trades on multiple time frames for shorter term trading and not for longer term "

Buy and hold Buy and hold, also called position trading, is an investment strategy whereby an investor buys financial assets or non-financial assets such as real estate, to hold them long term, with the goal of realizing price appreciation, despite volatilit ...

" investments. Soon after StockTwits launched their services in 2009, Baiynd 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." In the 2013

E-book An ebook (short for electronic book), also known as an e-book or eBook, is a book publication made available in digital form, consisting of text, images, or both, readable on the flat-panel display of computers or other electronic devices. Alt ...

on ''THE BEST OF THE BEST'' by Brian Lund, Baiynd's mental and chart analysis philosophies from StockTwits are quoted. Baiynd 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''.

Market Positioning System

Baiynd first published her Market Positioning System (MPS) in 2011. 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''. The book is geared towards beginning day traders. One unique feature in the book is that Baiynd speaks explicitly about her failures early in her trading career and what she did to overcome these challenges. She describes in great detail with large

charts A chart (sometimes known as a graph) is a graphical representation for data visualization, in which "the data is represented by symbols, such as bars in a bar chart, lines in a line chart, or slices in a pie chart". A chart can represent tabul ...

her MPS and how she trades the

momentum In Newtonian mechanics, momentum (more specifically linear momentum or translational momentum) is the product of the mass and velocity of an object. It is a vector quantity, possessing a magnitude and a direction. If is an object's mass an ...

as the prices move. Her MPS applies the concepts of support and resistance levels, price channels, moving averages,

Fibonacci retracement In finance, Fibonacci retracement is a method of technical analysis for determining support and resistance levels. It is named after the Fibonacci sequence of numbers, whose ratios provide price levels to which markets tend to retrace a portion ...

s and Bollinger Bands to select the proper time to enter a trade

long Long may refer to: Measurement * Long, characteristic of something of great duration * Long, characteristic of something of great length * Longitude (abbreviation: long.), a geographic coordinate * Longa (music), note value in early music mens ...

sell short In finance, being short in an asset means investing in such a way that the investor will profit if the value of the asset falls. This is the opposite of a more conventional " long" position, where the investor will profit if the value of t ...

. Even though the book is written with the novice in mind, traders that already use these tools can take away information about their subtleties. Baiynd also describes the need to create a trading journal to log your daily activities so that you can perform a through

after action review An after action review (AAR) is a technique for improving process and execution by analyzing the intended outcome and actual outcome of an action and identifying practices to sustain, and practices to improve or initiate, and then practicing those c ...

of trades that went well as well as those that did not. She also follows up with examples from her own journal. This builds a framework around her discussions on the psychological side of trading. In the book review by the magazine

Futures Futures may mean: Finance *Futures contract, a tradable financial derivatives contract *Futures exchange, a financial market where futures contracts are traded * ''Futures'' (magazine), an American finance magazine Music * ''Futures'' (album), a ...

, reviewer Leslie Masonson states that Baiynd provides a very "actionable and pragmatic approach to day trading." Brenda Jubin at

Seeking Alpha Seeking Alpha is a crowd-sourced content service for financial markets. Articles and research covers a broad range of stocks, asset classes, exchange-traded funds (ETFs), and investment strategies. Unlike other equity research platforms, insight ...

stated that the book "may not be the greatest thing since white bread, but it’s a darned good read."

References

External links

TheTradingBook.com
– Baiynd's website and trading service {{DEFAULTSORT:Baiynd, Anne-Marie 1966 births American business writers Women business writers American financial analysts American stock traders Living people Technical analysts University of North Carolina at Asheville alumni Writers from North Carolina Women financial analysts Women stock traders