The feature pages of Tuesday’s Wall Street Journal offered the usual jumble of economic contradictions. We read on Page One that losses for credit-card issuers are increasing, reversing a six-year trend. This, the Journal notes dryly, could be “a warning sign for markets and the broader economy.” Elsewhere in the newspaper, however, we read that business at Boeing has been gangbusters, including deals that will eventually total $290 billion with Indian airlines over the next 20 years. On the same page, another story purports to explain why oil prices recently settled, albeit briefly, above $50 a barrel. But wait: A glut of retail space in the grocery sector threatens to trigger a massive wave of store closures across the country. Which story best reflects the true state of the economy? Take your pick.
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Tuesday, November 7, 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.
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