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  1. mikeriley

    A Holistic Approach Trading Strategy

    A trading strategy based upon the premise that perception colors our sense of reality. Trader John Doe is taught the following visual metaphor. John Doe assumes the following mental framework to approach the markets. In a metaphorical sense, he seeks to engage with the markets, not as a...
  2. mikeriley

    What is your favorite Index Future Micro E-Mini to trade, and why?

    Crude Oil, NQ, S&P and DOW. I followed a 30 day technique of studying the charts without trading to compile a categorized list of price movements. I've already posted one of my strategies, I'll just add that Oil works as an excellent indicator to determine what the rest might do.
  3. mikeriley

    seattle area traders or noobs or someone willing to help me out`

    What a blatantly ignorant comment. Less that 10% of stock traders are consistently profitable. The percentage of winning traders is even lower in the futures market. That's like saying any form of education, instruction insight and help from other traders is a waste of time. Either you're...
  4. mikeriley

    IRS defined "investor" vs "Trader Status" as it relates to 1256 Contracts.

    No idea, but I assume you're doing your taxes long hand. If you use software those issues are already handled when you import your data and then the software automatically spits out your numbers.
  5. mikeriley

    stock market seasonal behavior anyone can make a decent cheat sheet?

    Hi mute9003, Remember trading is a very competitive space. It's not customary that people share information, unless it's for sale, driven by ego, or just nice people..I think Regardless, There is no cheat sheet, and definitely no short cuts. Cycles is something you have to study and practice...
  6. mikeriley

    seattle area traders or noobs or someone willing to help me out`

    I lived in Seattle 14 years and know for a fact there are least a hundred plus meetup groups for trading. Sign up at meetup.com..It's totally free Then search for Investing/Trading Groups. All you have to do is show up. I promise you if you ask for help at the group meetups, traders will seek...
  7. mikeriley

    SPX 5000

    We're not scared of them bulls.
  8. mikeriley

    Trading as an individual vs. as a limited company

    You are allowed to be an employee on the payroll of your own company. Getting a 1099 already establishes a trader/investor as self employed, which can be wrapped up in the mighty I.R.S tax benefits of incorporation.
  9. mikeriley

    Trading as an individual vs. as a limited company

    Just curious if you're aware of double entity formation? Many corporations here and in Europe (especially in Switzerland) form first an LLC as a holding company. Then with your holding company you form another LLC for operations. For operation expenses all finances are loaned to your operating...
  10. mikeriley

    The power of Giving.

    I like your statement. Changes a few words for trading. A large percentage of irrationality produces the majority of losing traders.
  11. mikeriley

    Not looking back

    That's part of the process of attaining performance metrics. Rarely does anyone last in this business or improve results without it.
  12. mikeriley

    Chicago goes even more WOKE

    I usually ignore the media, but this is just crazy. One of the dumbest investment moves on the planet. Just another clueless woman who has no idea how the energy markets work. If this woman truly believed her talking points, she'd turn off her home electricity and gas.
  13. mikeriley

    Position Management - the Unfortunate Afterthought

    Suggestion: Using your present strategy for clients, replace clients with your own money/trading accounts and you might eventually reach a level where the need for clients is nil.
  14. mikeriley

    Interview with a broker for the Mafia who worked on Wall Street

    I found it interesting the interviewee was adamant to explain that if monetary provisions were made for their families some of them might have never flipped. Definitely not glamorizing criminal enterprises, but that could have been established with donations and distributions through a...
  15. mikeriley

    How important is Cobalt to the Electric vehicle market?

    Glencore is one of the world’s leading producers of cobalt. They state Cobalt is an essential commodity used in electric vehicle batteries. Glencore present stock price $13.09 From Glencore's website.."Cobalt looks set to become one of the most important commodities in delivering the electric...
  16. mikeriley

    Goldman Sachs & JPMorgan quants keep leaving for crypto

    Things are seldom as they seem. https://www.investopedia.com/news/26-goldman-sachs-alumni-who-run-world-gs/
  17. mikeriley

    BLDR

    It will take more than one trade of BLDR (or any market) After a significant sample of multiple trades along with performance metrics you should be able to gauge your present strategy.
  18. mikeriley

    The power of Giving.

    I believe you are correct. But we have no control over cause and affect, or spiritual laws that may be executed through our giving. Some dude named Jesus believed it's veritably impossible to give without something given in return. "Give, and it shall be given unto you; good measure, pressed...
  19. mikeriley

    CFTC Awards Approximately $10 Million to a Whistleblower

    Step #1 Clever law firm research dept digs deep and finds useful information. Step#2 Contacts an employee of business entity in question. Step#3 Liaison from law firm makes proposal to employee to become a whistleblower for a few million.
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