Ricks Picks

Party On, Wall Street!

EST

The Dow closed above 27,000 for the first time on Thursday, giddy over the Fed chairman’s recent embrace of more easing.  In two days of testimony before Congress, Powell left little doubt that the central bank is about to lower interest rates by 25-50 basis points. However, only a moron could believe this will mitigate the impact on the U.S. economy of slowdowns in Europe and China that are already well under way. What it will do is goose U.S. asset prices so that they are even more insanely overvalued than they are now, which in turn will attract flight money from Europe and China. Sounds like a perpetual motion machine, right? We all know that such a contraption does not exist, and that pumping U.S. stocks into the ionosphere at a time when business around the world is slowing dramatically is a recipe for disaster. Party on, Wall Street!

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Seminar Information page.

Tuesday, August 20, 2019

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, August 20. Click below to register or get more information.

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