We’re all feeling it as the stock market continues from one insufferably boring day to the next: Something big is about to happen. But it can take far longer than any of us might care to imagine. I can recall sitting on the risers of the PSE trading floor for weeks stretching into months, doing crossword puzzles in-between rare visits from the thieving brokers who worked for Bear Stearns, J.P. Morgan, Goldman et al. They bore mostly what we called ‘pick-off paper’ — orders from customers that the firms themselves invariably front-ran. You might have thought they were as harmless as belled cats, since we were onto their game. But so juicy did the prices they were willing to pay seem that we invariably traded with the dirtbags anyway, knowing full well that the underlying stock would soon print at some absurd price miles from the quoted market. And it often did, even before we’d finished handing the dirtbags our trade tickets.
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Tuesday, June 13, 2017
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.
The next webinar will be held on Tuesday, June 13. Click below to register or get more information.
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