FAQs Frequently Asked Questions
A: Pocket pivots are not a portfolio management "system." They are an identifiable, objective buy signals for which we issue reports when they occur. The information is provided to members who can then decide how to use it. If we identify and send out a report on a pocket pivot in a leading stock that members are following, such as GPRO or TSLA or FB, for example, members can then decide whether to initiate a position, add to an existing position, or simply watch the stock knowing that it is showing constructive action.
That last option is important since, during a market correction, stocks issuing pocket pivot signals may not necessarily be buyable at that point in time. However, the fact that the stock is showing constructive technical action such as a pocket pivot during a correction flags its as a stock to watch and perhaps act on when the market turns back to the upside.
Members are also free to set their own stops, and we describe several methods for determining selling guides and stops on the website FAQ page as well as in our books.
|First published:||17 Jan 2016|
|Last updated:||17 Jan 2016|