Off your game?

Read our free Dr K report on how to optimize your mind and body so you can boost your focus when trading the markets.
Your email will always remain private.

FAQs Frequently Asked Questions

Pocket Pivot Review / Buyable Gap Ups
How have Pocket Pivots performed in 2011, a year that could never really catch a trend.

It is incredibly simple-minded to want to know the "performance" of pocket pivot buy points and reflects a lack of understanding of what a pocket pivot is and how it should be used. The whole point of a pocket pivot buy point is not that it is necessarily more successful than buying a clean breakout, but that it provides a potentially early entry point or a suitable add point (if it's a continuation pocket pivot) to have in your technical toolbox when seeking to initiate or build positions in leading stocks. Taking all pocket pivots and trying to measure the "performance" does not tell you anything about the usefulness of pocket pivots - pocket pivots are not an investment strategy, they are a technical tool, hence the idea that they embody some sort of aggregate "performance" is silly at best. You could buy 3 stocks on pocket pivots, 2 might not work but the third might lead to a sharp upside move in a stock, such as MCP in 2010 and 2011. The performance you would get from buying a successful pocket pivot then depends on how you handle the position from there, so is fairly independent of the pocket pivot itself.


Go here: https://www.virtueofselfishinvesting.com/reports to see the time-stamped reports of Pocket Pivot Review reports. Most stocks have not trended well in 2011 due to 2011 being a mostly trendless and volatile year, thus has been one of the most challenging years on record. Fortunately, such periods come to an end and new trends begin.


Those who have focused on winning trends such as gold and silver earlier this year, and the very few stocks that did indeed trend, while cutting their losses quickly (as usual) if a trade was not working have done well even in a year such as 2011.

First published: 23 Dec 2011
Last updated: 12 Apr 2012