March 14th, 2007 Price: Subscribe »
Published Daily
« Return to Archives
ARCHIVED COMMENTARY

We...Want...To
Pump You Up!

For edition of March 13, 2007


You’re 50 pounds overweight and you haven’t worked out regularly since college. You’d probably get completely winded if you tried to run around the block, and you can’t imagine playing a round of 18 without a cart.. Now imagine what that first day back at the gym would feel like, surrounded by hard-body types: guys who look like they just finished boot camp at Lejeune; women curling more weight than you can press; high school kids doing sit-ups with large slabs of iron on their chests. Feels pretty intimidating, right?  But you also know that if you were truly determined to get in shape, and that if you worked out three or four days a week, you’d start to feel at home in that gym in a month.

 

(Click on image to enlarge)

 

So it is with the chat room at Rick’s Picks. Newbies who saunter into the room for the first time could get the feeling they’ve stumbled into a virtual trading pit, what with

all the jargon about Hidden Pivots, midpoints, impulse legs, A’s, B’s and C’s.  No question, there are some serious traders who frequent the room. But -- trust me on this -- the more you learn about Hidden Pivots, the sooner you will come to understand that there is nothing mysterious or difficult about them. If you can look at a painting and pick out some of the things that make it either “good” art or “bad” art, then you can learn to look at a stock chart in a way that will allow you to forecast price swings with amazing consistency and precision.

 

My advice to newcomers is to acclimate yourself to the chat room at your own pace. It’s not going to be all Trading U. either. Plenty of actionable ideas pop up intraday -- ideas that are easy to understand and which require no special technical knowledge to execute. The chat room at Rick’s Picks was conceived as a way to bring together traders and investors seeking a relatively easy way to bring discipline to their strategies. Don’t let the jargon scare you off. It is much easier to learn and apply than Elliott Wave Theory, but in my experience every bit as powerful.





Add keen insights and professional discipline to your investment arsenal
SUBSCRIBE TO RICK'S PICKS TODAY


All Contents © 2007, Rick Ackerman. All Rights Reserved.
For support, tech or subscription related questions: subscriptions@rickackerman.com