Search results

  1. mikeriley

    Charts For No Reason

  2. mikeriley

    MoneyShow Virtual Expo - See Ken & others

    Some people believe, and some don't. For the last 12 years my only income is trading, so it would be just dumb to miss another opportunity to glean ideas. KCalhoun..Keep pushing forward.
  3. mikeriley

    MoneyShow Virtual Expo - See Ken & others

    I assume you've yet to study Jack Schwagers Market Wizards books. There are many others also, like William O'Neil and Mark Minervini who disclose in detail their process.
  4. mikeriley

    MoneyShow Virtual Expo - See Ken & others

    Just perused the full schedule. That's a helluva line up. I'm interested in the seminar on TRADING STRATEGIES OF THE WORLD'S LEADING TRADERS by Alpesh Patel Unfortunately 11:30am is not an optimal time. But why is someone giving a class on Parkinson's Disease at a Traders/Investing Seminar...
  5. mikeriley

    Don't Get Mad - Get Better

    Unprovoked and prolonged anger is irrational, and a symptom of a trader who has yet learned to take losses as part of the process. Everyone will at some time in their trading journey experience anger and bitterness. This is normal since the mind and body under frustration seeks and outlet...
  6. mikeriley

    Trading Royale: Mobile game for beginners

    Interesting game. I use Chess puzzles in between trades. Games can be very helpful also to keep ones emotions "detached" while in a trade.
  7. mikeriley

    Grind Time

    You clearly miss the objective of the 3-6 ratio. Which is to give a trader the confidence, insight, and ability to hit 3 for 3 everyday. It DISCIPLINES a trader to STOP trading when they should. I would expect a novice to practice in Simulator until he or she has mastered the art of knowing...
  8. mikeriley

    Grind Time

    Yes Sir, that's it:thumbsup:
  9. mikeriley

    Grind Time

    You're very welcome SimpleMeLike. I know some people get hung up on their P/L. But, the system of 3 - 6 ratio is not about a shining P/L. It teaches you how to be more selective in the decision making process on which trades to take, and then ONLY take trades that have a high chance of winning...
  10. mikeriley

    Grind Time

    I follow a 3 - 6 ratio. I keep trading until I've amassed 3 wins or 6 losses. Of course, some days this may take a multiple of trades. Average is within 5 to 6 trades. (3 wins = net profit of 540.00 vs 6 losses = loss of 1080.00) Key point: I NEVER over-trade once I've reached either 3 wins or...
  11. mikeriley

    Grind Time

    I understand the sentiment. There was a time also, when I use to lash out at others due to my lack of trading proficiency. Best way to repay an unkind remark is to be helpful, so I respond to MacBookProHo as follows.. Sir, just made 36 ticks on NQ, so my day is DONE. My Edge: #1 Adept at...
  12. mikeriley

    Grind Time

    Last night was dismal. Thought I'd be done last night, but alas, I'll see what happens after the morning chaos.
  13. mikeriley

    Grind Time

    That's ok. :thumbsup:
  14. mikeriley

    Grind Time

    Ladies & Gentleman, it's that time again. Let's see what the markets will give us today. May everyone enjoy a profitable day.
  15. mikeriley

    Low for 2022 is in....

    Man that chart with pivot points is beautiful.
  16. mikeriley

    Prove to me that Technical Analysis Works.

    Ahh I understand. My apologies, you're absolutely right that Baron is the owner of ET. I totally forgot that. Happy trading!
  17. mikeriley

    To Everyone saying Bitcoin will go to 10k or 5k....

    Everyone has a right to their opinion. Still looking for Bitcoin to hit 10,000 in November.
  18. mikeriley

    Prove to me that Technical Analysis Works.

    The answer is Yes. I notice the price for his material is more expensive now. In the past I used his package for Crude oil. Profits were better than expected, so I decided to try his material for Bitcoin. I made more trading Bitcoin in 3 months then ALL my trading in stocks and futures...
  19. mikeriley

    Prove to me that Technical Analysis Works.

    Kudos to those traders that posted material to help the OP. I developed a very simple method that gleans at least 30+ ticks a day, but it does not use TA. I've already shared it on this Forum. But, I'd like to share other methods that use technical analysis that consistently earn more than 30...
  20. mikeriley

    The Great Reset Is Close

    I need to get my 30 ticks today before the collapse.
Back
Top