Strategy Pivot of Peter Bath

[GiesnchunotCesnesruu]

Hello everyone: I wonder if someone could give me a summary about Peter Bain's pivot strategy, his methodology, success and if someone has personal experience with pivot points.Thank you.

[AxnaSabC1972]

Hello, Bain's strategy includes: 1. Pivot points from S2 to R2 and intermediate lines (M1-M4

[nesCuc11]

My concerns about the Bain strategy are two: 1. It is mainly for Day Trading and Scalping.2. It focuses almost exclusively on the euro.However, it has positive points: it insists on the discipline by placing Stops and teaches you to focus on the recognition of patterns to operate.You can calculate the pivot points on your own using the "Camarilla Equation".A quick search on Google will give you the details.

[Tescho45]

Hi Vegas, 1. It is true that it is for Day Trading, but I would not consider it Scalping.For beginners recommends 20 pips objectives, but for more advanced traders the technical objectives range from 30 to 75 pips in the euro.2. According to Bain, traders should specialize in a single currency at the beginning, but lately it also talks about the GBP/USD.By the way, thanks for sharing your experience and for the "Vegas Wealth Builder".What you give, come back.Greetings, Andrew

[esraCses40Narox]

I have taken some courses, but I never enrolled in Bain.However, I still receive analysis and graphics of it weekly, something that few courses offer.Pivote points are another analytical tool.They are not the definitive solution, but they can be a good starting point if you are starting.

[groonu]

You are right: a course is not enough.It is just one of many things you need to succeed.Training not only deals with foundations or techniques;It is also psychology, discipline, probabilities and money management.Education should never stop.

[nesshies]

As a member of the "empty closet" [without shirt, shoes or anything else], I completely agree.Investing in education is important, but do not forget that what you learn should adapt to your trading style.Do not continue jumping from strategy in strategy without integrating them.

[CukuSesTkr]

Very well said, sir.Bravo!

[Jttoaxru213]

If someone could get 30 to 75 pips daily consistently, it would be a billionaire in less than five years.Why would you sell a course for $ 395?This does not mean that its course is not useful, but always be careful with the "commercial mentors."

[ToTuNuShaya]

Not every day are winners, as always happens in reality.Bain does not sell signals, teach how to analyze and operate.If you show you something valuable and functional, then it is fair to pay for your work.Education is also a business.

[NacaSaca30]

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.

[ZuTaTknTorwz]

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.

[jiesnkessesSeszesr]

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.

[raxxung1969]

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.

[cocuSesynestesSesy]

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.

[irigiesu89]

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.

[otornudesd]

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.

[jsN27]

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.

[Norresn123456]

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.

[EsuTkrtxitxukato]

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.

[bubutess]

Many criticize Bain for selling courses instead of operating, but that does not mean that what it teaches is not valuable.If you work and learn something useful, what does it matter how money wins?

[Toqiuora17]

I have tried several pivot strategies, and although they are not infallible, they definitely help identify key levels.The key is not to depend only on them.Use them as a complement to your general analysis.

[uvesnraC]

I love Bain emphasizing the importance of discipline.It is an aspect of trading that many courses completely ignore.However, discipline cannot be taught;You have to develop it for yourself through practice.

[rodbor]

Bain's strategy seems solid for beginners, but what about intermediate or advanced traders?If you are looking for something deeper, maybe this course is not for you.

[EsSbesrucaqi3]

I am always skeptical with mentors who sell courses, but Bain seems to have a structured approach that could be useful for new traders.If you decide to try it, make sure you don't stop your learning there.The market is always changing.

[Nresnck]

I have used pivot points in my trading and they have helped me a lot to identify key levels.But like any tool, they are not perfect.I would like to see specific examples of how Bain use them in different market scenarios.

[cesatucessuSvesy]

I appreciate that Bain includes mentoring in your program.Having someone to guide you can make a big difference at the beginning.But do not blindly trust any mentor.It always verifies the validity of what they teach for yourself.

[gunainu]

Pivots, Macd, candle patterns ... nothing really new, but the way combines is what can make a difference.If Bain really helps structure all that, maybe it is worth taking a look.

[ToSaTuxxis]

A course can be a good starting point, but most traders lose money because they are not willing to put the necessary job after finishing it.If you are willing to continue learning, then the Bain course could be a valuable investment.

[Sautzes]

I have always wondered if mentors like Bain really operate or simply live from selling courses.That said, if you can learn something useful of your program, then it is probably worth it, regardless of your motivations.