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PART VII: The Art of Trading > CHAPTER 38: Broken Butterfly Formation

CHAPTER 38

Broken Butterfly Formation

Anne-Marie Baiynd, @AnneMarieTrades

In the era of the social Web, a person's reputation does not have to come from personal meetings. The time line of ideas, a person's consistency, and owning up to losses as well as wins are what matter most. While I've not met Anne-Marie, her reputation for good ideas is second to none. She offers up complete and detailed ideas around her strategy and then follows up with commentary on how trades performed.

MAJOR CORNERSTONES

I see a number of events as cornerstones in my career. The first was learning to understand market internals—the heartbeat of the market—UVOL, DVOL, TRIN, ADVN, DECN, VIX, and (most important) the movement of the E-mini futures. Without monitoring these elements, much of my trading day would be a miss.


  

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