oter

Cultivate a disciplined approach to trading with pivot points from "summary" of Secrets of a Pivot Boss by Franklin O. Ochoa

To succeed as a trader using pivot points, one must cultivate a disciplined approach that is rooted in consistency and structure. This means being deliberate in your decision-making process and following a set of rules or guidelines that govern your trading activities. By establishing a routine that is based on pivot points, you are able to develop a systematic approach to trading that can help you navigate the complexities of the market with greater ease. This disciplined approach allows you to make informed decisions based on the key levels provided by pivot points, rather than relying on emotions or impulses. When you trade with a disciplined mindset, you are bet...
    Read More
    Continue reading the Microbook on the Oter App. You can also listen to the highlights by choosing micro or macro audio option on the app. Download now to keep learning!
    Similar Posts
    Customer feedback drives decision making
    Customer feedback drives decision making
    The process of decision making in entrepreneurship should not be based on assumptions or gut feelings. Instead, it should be dr...
    Implement pivot points in various time frames for a wellrounded trading approach
    Implement pivot points in various time frames for a wellrounded trading approach
    To develop a comprehensive trading strategy, it is essential to incorporate pivot points across multiple time frames. By doing ...
    Develop a strong work ethic
    Develop a strong work ethic
    A strong work ethic is the backbone of success. It is the unwavering commitment to putting in the time, effort, and dedication ...
    Market prices follow a random walk
    Market prices follow a random walk
    The idea that market prices follow a random walk may seem counterintuitive to many investors. After all, we like to believe tha...
    Price action reflects market participants' behavior
    Price action reflects market participants' behavior
    Price action is a key element in technical analysis. It refers to the movement of a security's price over a certain period. Pri...
    Don't follow the crowd
    Don't follow the crowd
    Peter Lynch emphasizes the importance of not blindly following the crowd when it comes to investing. It is a common mistake tha...
    Speculation can lead to market bubbles
    Speculation can lead to market bubbles
    When investors start speculating, they are essentially making bets on the future. They are not investing based on the actual va...
    Take calculated risks and be prepared for setbacks
    Take calculated risks and be prepared for setbacks
    Darwin teaches us an important lesson about taking risks and being prepared for setbacks. In the world of investing, it is cruc...
    Don't be influenced by shortterm market noise
    Don't be influenced by shortterm market noise
    The prudent investor needs to have a clear understanding of the difference between what is important in the long run and what i...
    Market trends can be unpredictable
    Market trends can be unpredictable
    Market trends are capricious and wayward creatures, dancing to a tune that only they can hear. Like the elusive Dao, they twist...
    oter

    Secrets of a Pivot Boss

    Franklin O. Ochoa

    Open in app
    Now you can listen to your microbooks on-the-go. Download the Oter App on your mobile device and continue making progress towards your goals, no matter where you are.