ghickey

The mental meanderings of a dedicated amateur investor and speculator.

Trading school

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The U.S. Dollar is on a path to secular weakness.

It is showing in this chart of Silver Standard.

ghickey: I am married to a wonderful woman, have an equally wonderful daughter and two grandaughters. My passion for the last 15 years has been speculating is the financial markets. I got started when that great salesman, Ken Roberts hooked me on commodity trading. After running my first trading account into the ground in short order using his techniques, I set about learning how to do the exact opposite. The next futures trading account lasted longer, but went bust also. I didn't realize at the time that I was trying the toughest game around. The learning curve was steep, but it was probably a cheap education. I watched the markets daily, trying to manage my 401K, with mixed success. After a few years, during which I built my own home, I got together a trading account. A couple up and down years and then things started to "click". Trading is mostly psychological. Fighting against your own instincts. But I have learned to trust myself. I keep an eye on the macro picture while I trade the short term. This blog will be mostly macro observations but I may fall victim to the impulse to point out some trades, if they seem instructive.

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