Wrong! What you must correctly read is that the pivot methodology makes a lot of money only if you are trading in the same direction as the majority of large players, including market makers. Market makers are making a lot of profits because they are the ones who are leading the large players directional moves.
Until 2007 it was relatively easy with classic volume analysis at cluster breakouts. Today only the 20 DMF can help
you when trading broad-based indices with the pivot methodology.
With the pivot system, you are in the same risk management setup as the MMs.
Billy