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Strategies & Market Trends : The Thread II -- Ignore unavailable to you. Want to Upgrade?

To: Ian McGuire who wrote (7289)	11/5/2002 6:56:42 AM
From: gypsees	Respond to of 9026

they have to learn how the floor arbitragers construct their pivot points..they have to learn to determine junctures in the market where "players" actually take action... How do you do this part? Is it a matter of experience alone? I understand a tiny fraction about pivots - but am not certain how to learn about the "players" unless it is thru study of price in relation to volume? I have not been remembering to use the pivot points lately either. Thanks for reminding me to add them back to my routine! EDIT:.. By the way. I can attest to the fact that if you don't use stops you will one day be in deep doo-doo. It really is probably the most important part and I think the hardest to learn... The mistakes one makes in learning to use them tend to re-enforce the premise they aren't needed but that is simply a reflection of a lack of skill instead.