PTC 2011-02-18

Sunday, July 27, 2014 11:44 AM

The probabilities start to fall off when the trading day or session starts near the central pivot, you should
reduce risk in these cases. The central pivot is a measure of fair value or price equilibrium.
All your trade setups will take place during the session opens and closes.
Trading should be just like a job in which you should know when you should be at the charts and after doing
that for so long it will become a routine.
If you cannot turn off the charts once you hit your weekly goal, that tells you where you are in terms of
development and discipline. If you have already made your money sleep all night long through the London
session.
There are pivot trades and trend trades. Pivot trades are usually scalps from one pivot to another and trend
trades are in the direction of market flow.
It is very easy to double your money in a year of trading, but it takes a lot of discipline to do so.