Ricks Picks

Bipolar Market Obsessed with Tweets

EST

DaBoyz milked the impending trade deal for all it was worth last week, squeezing shorts relentlessly until they evidently exhausted themselves on Friday before dawn. I can’t recall a more enticing instance of ‘buy the rumor, sell the news’. The trouble is, both rumor and news have exhibited manic bipolarity on a weekly basis, to the point where the usual idiots who have fixated on Trump’s tweets and nothing else have turned the stock market even more psychotic than usual.

Still, there is little reason to doubt that the ratcheting short squeeze begun a week ago will sputter out somewhere shy of July’s highs, since the U.S. economy, if not yet the widespread perception of it, is moving toward a recessionary tipping point. An opportunity to leverage an autumn crash would appear to be nigh, even if Mr. Market is not making it easy for us. The mere fact that it looks like such a juicy bet implies that an unpleasant surprise may yet lie ahead for righteous bears.

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Seminar Information page.

Tuesday, October 15, 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, October 15. Click below to register or get more information.

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