Visual Approach to Finding Winners With Anne-Marie Baiynd | Traderlion Conference
Jan 5, 2023
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Experienced stock trader and presenter, Anne-Marie Baiynd, shares her visual approach to finding winning stocks. She discusses the OODA method and provides examples to help improve trading skills. Topics include analyzing market performance using heat maps, understanding risk and patience, predicting stock performance, analyzing market movements and price signals, finding investment opportunities, evaluating order flow, common mistakes made by beginner traders, integrating fundamental and technical analysis, and separating ego from objective in trading.
Observation is crucial in the decision-making process, and heat maps can provide valuable insights into market performance.
Identifying market trends and rotation, along with understanding the overall market trend, can guide trading decisions.
Managing emotions, following trading rules consistently, and practicing risk management are essential for successful trading.
Deep dives
Observing market movements and using visual cues
Anne-Marie introduces the concept of the OODA loop, which stands for observe, orient, decide, and act. She emphasizes the importance of the observe stage and explains how fighter pilots use observation in their decision-making process. She then introduces the concept of using heat maps as a visual tool for understanding market performance over different time frames, such as one day, one week, one month, and three months. Anne-Marie explains the significance of observing money flow in different sectors and how it can guide trading decisions.
Identifying market trends and rotation
Anne-Marie discusses the importance of identifying market trends and rotation. She highlights the significance of big money movement and how it can be tracked over different time frames. She emphasizes the importance of understanding the wind at your back, which refers to trading with the overall market trend. Anne-Marie uses examples of specific stocks and sectors to illustrate how visual analysis can help identify opportunities for long or short trades based on market trends and rotation.
Managing emotions and risk in trading
Anne-Marie shares her personal struggles as a trader and the lessons she learned. She highlights the importance of managing emotions, particularly ego, fear, and impatience. Anne-Marie emphasizes the need for consistency in following trading rules and not letting emotions dictate trades. She also discusses the importance of risk management and sizing positions appropriately. Anne-Marie urges traders to focus on the process rather than seeking immediate gratification and shares her experiences in developing better trading habits.
Using Moving Averages and VWAP to Execute Trades
The speaker discusses using moving averages and VWAP (Volume Weighted Average Price) to execute trades. They emphasize the importance of waiting for specific setups and using alerts to track price movements. The speaker also emphasizes the need for personal accountability in following trading rules.
Risk Management and Trade Execution
The speaker shares their risk management principles, including monitoring the SPX weekly and monthly charts to determine market direction. They highlight the importance of raising cash when below the five-week moving average and only putting money back in when above it. The speaker emphasizes the need for discipline and capital preservation during market downturns.
In this presentation of the 2022 Traderlion conference, Anne-Marie Baiynd goes over her approach to find winning stocks. In her visual approach, she explains the OODA method, and brings up examples to help you improve your game.