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23: What Long-Term Investors Can Learn From Traders with Anne-Marie Baiynd

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Synopsis

The stock market can be wildly unpredictable but understanding patterns and algorithms can help any investor make better financial decisions. It can also be beneficial when understanding when it is better to invest or trade, when to make a move in your portfolio, and the best strategies to implement. Anne-Marie Baiynd, Chief technical strategist and CEO at thetradingbook.com, and author of The Trading Book, is known as the worlds’ most successful trader and has professional insight on todays’ market. If you’re interested in learning how to strategize trading, tune into this episode of Better Money Decisions with Kate Stalter.  Show Highlights:  What long term investors can learn from trading  The patience that comes with looking forward  How to be more strategic  The importance of simplicity  Price and volume action  Balancing why and evaluating patterns  Broadening perspective  How to discern between short-term and long-term market movements  Comparing and contrasting past market crashes to now  Foreign loa