Thread: Strategy Pivot of Peter Bath

I have trouble trusting mentors who sell courses.If your strategy were so good, wouldn't they be operating instead of recording videos?That said, if you have found value in what it teaches, it may be worth trying, but with caution.

Pivot points are useful, but they are not magic.If you do not understand how they work in context, you will not go very far.A course can help you understand the basic concepts, but the rest depends on how you put it into practice.

Peter Bain has good materials, but the question is: do you need to pay for things that are widely available online?I do not say it is useless, but make sure you do not spend money on something that you could learn for free with a little research.

I appreciate that Bain includes mentoring, something that most courses ignore.Having someone to guide you can be invaluable.However, do not forget to question everything you learn and adapt it to your own style.

I have used pivot points in my operations, but they are not a unique solution for all markets.Sometimes they work, not sometimes.The key is to use them as a tool among many, not as your main strategy.

The insistence of Bain in specializing in a single currency is a great idea for beginners.Many new traders try to operate in too many pairs and end up losing everything.Mastering a market is first more efficient than trying to cover everything at once.

Does anyone find it ironic that Bain says that scalping should not be done, but then recommend objectives as small as 20 pips?Maybe it should be clearer with the definitions in its course.

I cannot speak for its course, but the pivot points have always seemed useful when they combine with other factors such as volume and fundamental.If Bain really explains how to integrate them, it could be a good resource for beginners.

Courses like this can be useful to start, but do not put all your hopes in one.No course can teach you everything you need to know.True education comes from operating and learning from your own mistakes.

The Bain approach in the price action is something that I have always valued in my own trading.The indicators are fine, but nothing exceeds to understand how the market moves.If your course helps you develop that ability, then it could be worth it.