forex facebook has a hype - pivot hysteria. looking at the (very rare) te of those "trading" davits "system" thereīs nothing special about this. huge drawdowns (up to -20/30%), adding to losers, no proof on a long time (+3 years) performance but still the sheep is defending the cult leader, hailing demo/mt4 performance posts.
do pivots work?
it depends, on intraday basis with tight sl on indices, iīd say yes.
maybe on other instruments/timelines, but not with that kind of dd.
example:
anyone that whants to prove me wrong by facts, feel free to post your live te (or even better third party statement) including floating losses here.
for this reason, iīll keep this thread open to anyone.
just one simple rule: no scatology, no trailer park statements. otherwise youīll get sorted out
do pivots work?
it depends, on intraday basis with tight sl on indices, iīd say yes.
maybe on other instruments/timelines, but not with that kind of dd.
example:
anyone that whants to prove me wrong by facts, feel free to post your live te (or even better third party statement) including floating losses here.
for this reason, iīll keep this thread open to anyone.
just one simple rule: no scatology, no trailer park statements. otherwise youīll get sorted out
fortis fortuna adiuvat