Conclusion
John Hiltz’ case study was very encouraging to me and to many of our newer traders who participated in his webinar. The most important lesson of his case study is that you need to develop yourself as a trader. You must adopt your own set of rules and create your own hours, strategy and process for trading. John’s Break of High of Day (BHOD) Strategy was not discussed at all in the earlier versions of this book. It is fairly similar to an ABCD Pattern or a Bull Flag, but it is different. John coined a new name for it and now “owns” this new strategy. That is excellent. You create a new strategy for yourself, and you then find a name for it. You now have a “PlayBook” on it. You can consistently trade it as well as keep track of how it performs. This is How to Day Trade for a Living!