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Anyone know anyting about Pivot Lines Trading site ?
Just for fun, I pulled together the "performance" of one set of the site's "trades" (I must stress that these are supposedly hypothetical trades, so nobody put real money on the line).
I did not want to pull together all of them as I'm being lazy but, sure enough, this one, at 94%, is near the 97% profitable trading days claimed at the top of the page.
I'm sure that if I pulled all three sheets together I would come up with 97%.
Ron, I also calculated expectancy, although I'm not sure the format is how you expect it to be. Needless to say, on paper, it looks good.
But that's the catch. This is all theoretical results. No trades took place. If they had, most likely the results could vary. Widely.
I am not the one saying it. It is the site's disclaimer that says it for me.
