Brian Shannon

Brian Shannon, CMT (DOB November 16, 1967) is an American writer, equity trader, technical analyst, author of the beginner's trading book Technical Analysis Using Multiple Timeframes, and best-selleing book Maximum Trading Gains with Anchored VWAP, and founder of Alphatrends.net, a stock trading education company.

Brian Shannon
BornNovember 16, 1967
Denver, Colorado
OccupationNon-fiction writer, technical analyst, trader
Notable worksTechnical Analysis Using Multiple Timeframes 2008

Background

Shannon was born in Denver, Colorado, though his parents lived in Aurora, Colorado at the time. They later moved to Andover, Massachusetts where he grew up.[1]

Shannon graduated from Austin Preparatory School in 1986 and went on to receive a Bachelor of Arts in Business Management from Merrimack College in 1991.[1]

Shannon has two sons, Matthew and Ryan, and currently resides in Denver, CO.[1]

Career

Shannon watched Louis Rukeyser on Wall $treet Week with his physician father as a child.[1][2] He placed his first trade with money earned as a caddie and his newspaper route when he was 13 years old.[2] He was living in Boston and car thefts were common so he bought shares of LoJack at $US 5.00 and watched the stock double over the next three months.[2][3]

After college, Shannon worked for a penny stock company called Thomas James for a couple of months before taking a position as a stockbroker with Lehman Brothers in Boston, MA where he was first exposed to technical analysis.[1][2] He moved to Tucker Anthony in 1992 and worked as a stockbroker for Dain Bosworth from 1994 to 1998 Shannon. He spent a short period as a trader for Generic Trading, LLC in New York, NY before moving to Denver, CO to run Landmark Securities as a Series 24 Manager. From 1999 to 2006, Shannon was Lead Trader and the Director of Research at MarketWise Securities,[4][5] where he began educating and mentoring people about technical analysis and trading techniques.[6][7]

In 2006, Shannon started his financial education blog Alphatrends.[5][8] The blog was called the "YouTube of technical analysis" by the editor of Technical Analysis of Stocks & Commodities.[9] As of 2010, over 400 people were subscribed to Shannon's trading service.[10]

In 2008, Shannon published his book Technical Analysis Using Multiple Timeframes[11] The book was written to assist traders new to technical analysis with intermediate level material such as market structure and trend alignment.[12][13] Charles E. Kirk of The Kirk Report praised the book for explaining "relatively complex ideas" in a "straightforward manner".[14] The Market Technicians Association review of the book called it "readable and valuable" for both novices and experienced traders.[15]

In 2013, Shannon passed the Chartered Market Technician (CMT) exam.[16]

References
  1. Davio, Matt (April 29, 2011). "Brian Shannon (AlphaTrends) Extended Stock Trader and Background Interview". MarketHeist. Archived from the original on February 22, 2014. Retrieved July 1, 2013. {{cite journal}}: Cite journal requires |journal= (help)
  2. Staff (2007). "The face of trading: Trend and time frame (Interview of Brian Shannon)". Active Trader Magazine. 8 (7).
  3. Hoffman, Damien (August 26, 2009). "Exclusive Interview: Top Pro Trader Brian Shannon". Wall St Cheat Sheet. Archived from the original on June 9, 2013. Retrieved June 28, 2013. {{cite journal}}: Cite journal requires |journal= (help)
  4. Brecht, Kira McCaffrey (2005). "Trading the Indicators. Be your own analyst: Understanding Volume". SFO Magazine. 4 (8).
  5. Yakal, Kathy (October 23, 2006). "The electronic investor: Shared intelligence". Barron's. p. 35.
  6. Shannon, Brian (2004). "Seven ways to say goodbye. Exit Strategies: A critical element in trading success". SFO Magazine. 3 (1).
  7. Staff (2004). "The face of trading: Scalpels and scalping". Active Trader Magazine. 5 (10).
  8. Segal, David (March 27, 2010). "Day Traders 2.0: Wired, Angry and Loving It". The New York Times. Retrieved October 16, 2013.
  9. Gopalakrishnan, Jayanthi (March 2007). "Websites for traders". Technical Analysis of Stocks & Commodities: 86.
  10. Macsai, Dan (June 2010). "Trading Places: Inside the Internet's first financial-news network-a mashup of CNBC, the Bloomberg terminal, and the real-time Web". Fast Company. Retrieved August 3, 2013.
  11. Shannon, Brian (2008). Technical Analysis Using Multiple Timeframes. LifeVest Publishing, Inc. ISBN 978-159879580-6.
  12. Hoffman, Damien (December 8, 2009). "Book Review: Technical Analysis Using Multiple Timeframes". Wall St. Cheat Sheet. Archived from the original on April 4, 2013. Retrieved June 28, 2013. {{cite journal}}: Cite journal requires |journal= (help)
  13. staff (April 30, 2009). "Book Review: Brian Shannon's 'Technical Analysis Using Multiple Timeframes'". Seeking Alpha. Retrieved July 1, 2013.
  14. Kirk, Charles (May 15, 2008). "10 Questions For Brian Shannon". Archived from the original on December 21, 2014. Retrieved August 3, 2013.
  15. Carr, Mike (2009). "Technically Speaking: Technical Analysis Using Multiple Time Frames by Brian Shannon". Market Technicians Association. Archived from the original on November 27, 2013. Retrieved August 3, 2013. {{cite journal}}: Cite journal requires |journal= (help)
  16. Brian Shannon [@alphatrends] (December 10, 2013). "how embarrassing would it have been if I failed? :) @MarketTechAssoc" (Tweet) – via Twitter.
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