It's A Miracle

Teaching An "Old Dog" New Tricks

It was Tradrr’s intention to kick off our “The Week That Was & What’s Next” next week but as they say, “there’s no time like the present”. The stars aligned, Camtasia was working flawlessly, I shaved and my colleagues were available. With that in mind take a look.

With 55 years of experience behind me, speaking “the macroeconomic markets” is kind of second nature. Remember, my day, scalp and swing trading days are behind me. Sure, I understand the power of Tradrr’s Order Flow platform and use it to open positions. As a Position Trader I just don’t open many positions and when I do they last more than a few minutes; quite often days, weeks and sometime months. That’s a story for another day; today is nothing more than giving back, this time live. Damn this was fun.

So tell me what you think. There’s lots more that we will do as I better learn how to use the tools at my disposal. I was blessed at a very young age being taken to what was then known as Carnegie Tech from ages 8 to 14. My actual programming days ended with Basic, Cobol, Fortran then Pascal. My days of being a computer system analyst and program manager remain strong. I’m now just dependent upon those youngsters who are better coders than I ever was; thank you everyone.

Well the markets are about to open. What do they say, “sell in May and go away”? We see it happening a little earlier this year and for the first time in years across multiple market segments. Equities, they face an uphill battle as do 10-year and 30-year bonds. Six-month paper still looks pretty good with the only inherent risk being the actual value of the underlying currency. That can be hedged with diversification, buy some paper denominated in Euros, Pounds and perhaps Yen in addition to Dollars. In that way when Chinese Yuan takes over as being the world’s go to currency the intrinsic value of your investment shouldn’t decline more than the inherent depreciation of your currency. It’s going to happen folks; the only question is when and that depends upon how long we have a leader who is basically dead from the neck up.

Hope you enjoyed this post and our first stab at making it live. Remember, I’m just a young 68 years old; my Dad became a broker when I was 13. It’s time for me to ‘give back’ to all of you what’s in my head. It’s not always pretty but it’s based on history . . . and history, unchecked, repeats itself.

Everyone learns at their own pace. If you pick everything up the first time through, great but if not email me at dzimmer@substack.com so we can further help.

Been looking forward to posting up this one . . . would have loved to have been at this concert . . . remember, let us know your opinion of our “first stab” . . . we care what you think.