I most definitely use pivot points in my trading. However, they are not as important as monthly/weekly resistance/support lines, round numbers, price patterns ect.
You should definitely NEVER trade solely off of pivot lines. This is especially because everyone has their own calculation of pivot points and thus you can't really trust them all too well.
My suggestion is to use pivots in conjunction with another method like fib numbers or trend lines. If you see a confluence of lines (like two methods say a price will reverse at such and such point, which just happens to be your marked pivot point ) the you're good. Chances are, your pivot point is legit.
You should definitely NEVER trade solely off of pivot lines. This is especially because everyone has their own calculation of pivot points and thus you can't really trust them all too well.
My suggestion is to use pivots in conjunction with another method like fib numbers or trend lines. If you see a confluence of lines (like two methods say a price will reverse at such and such point, which just happens to be your marked pivot point ) the you're good. Chances are, your pivot point is legit.