A Holiday Greeting

EST

The broad averages weren’t breathing hard enough on Thursday to fog the proverbial mirror. Look for the action  to slow down even more on Friday ahead of the three-day weekend. Although Christmas falls on a Sunday this year, the markets will be closed on Monday — and next Monday as well, since New Year’s Day also falls on a Sunday. The eight-day Jewish Festival of Lights, Chanukah, begins Saturday at sunset as well with the lighting of the first candle on the menorah. I’ll be in the chat room briefly on Friday — Colorado having received enough snow in the last week to ski on — so let me take this opportunity to wish you all a Merry Christmas, a happy Chanukah, and a weekend filled with friends, family and joyous doings.

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The consistent accuracy of Rick Ackerman’s forecasts is well known in the trading world, where his Hidden Pivot Method has achieved cult status. Rick’s proprietary trading/forecasting system is easy to learn, probably because he majored in English, not rocket science. Just one simple but powerful trick -- managing the risk of an ongoing trade with stop-losses based on ‘impulse legs’ – can be grasped in three minutes and put to profitable use immediately. Quite a few of his students will tell you that using ‘impulsive stops’ has paid for the course many times over.

Another secret Rick will share with you, “camouflage trading,” takes more time to master, but once you get the hang of it trading will never be the same. The technique entails identifying ultra-low-risk trade set-ups on, say, the one-minute bar chart, and then initiating trades in places where competition tends to be thin.

Most important of all, Rick will teach you how to develop market instincts (aka “horse sense”) by observing the markets each day from the fixed vantage point that only a rigorously disciplined trading system can provide.

The three-hour Hidden Pivot Course is offered live each month. If it’s more convenient, you can take it in recorded form at your leisure, as many times as you like. The course fee includes “live” trading sessions (as opposed to hypothetical ‘chalk-talk’) every Wednesday morning, access to hundreds of recorded hours of tutorial sessions, and access to an online library that will help you achieve black-belt mastery of Hidden Pivot trading techniques.

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