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  1. mikeriley

    Trading Interfaces for IB that are better than the quirky non-standard IB interfaces?

    Colmex Pro offers great execution and an interactive screen to move in and out of positions fast. Just my opinion. I use to use cheap platforms, but learned the professionals, many of which follow exceptional coaches, specialized training and superior technical tools do not use cheap platforms...
  2. mikeriley

    Does anyone here use more esoteric trading strategies like Astrology or psychics?

    I use what some might deem an esoteric form of trading. Helped me to trade AMBA yesterday and today. Definition of Esoteric: Intended for or likely to be understood by only a small number of people with specialized knowledge or interest.
  3. mikeriley

    After my first year of mediocre trading, I’m looking to do some serious training on a paper account

    I read you're pursuing a degree in finance. A question to ponder in your future studies. Are the markets a random event moved by the hand of man? Or are the markets following a detectable cycle upon time/price correlation into it's geometric form?
  4. mikeriley

    Time is Money

    "Thanks for answering and welcome (as a poster). If it works for you great, I don’t see why time of the move have any persistent consistency. Are you saying that according to your data, you shorted NET today?" Hi again qlai, Sorry, but I'm not sure how to place statements in quotes...
  5. mikeriley

    Time is Money

    Hi qlai. Technically I rarely look at shares outstanding or float level. They are mostly low volume stocks, not all, but the vast majority. As an example this morning I was in AMBA, NET and ZM No idea what their float level was, so I looked up their respective levels so I could respond to...
  6. mikeriley

    Time is Money

    I guess you could call it a secret pattern if you want. Or you could test the process and see if it's no secret at all and much easier than you think. The large majority of my trades are low volume (100k to 400k) Low volume markets experience less choppiness in getting past morning volatility...
  7. mikeriley

    Time is Money

    This is my first thread on the Elite Trader Forum. I hope someone may find value in this strategy. This is a very old strategy, probably has been around longer than I've been alive. Parabolic Move Strategy (Time is Money) No indicators needed, as everything is based on TIME. Research Stocks...
  8. mikeriley

    ... but is it doable in reality ?

    Hi Janbillian, I decided to make a thread on the Parabolic strategy. It's really a very old strategy, but I've found much value with it. https://www.elitetrader.com/et/threads/time-is-money.363944/
  9. mikeriley

    ... but is it doable in reality ?

    As a pure price action trader (no indicators or volume) I really enjoyed your commentary with these charts. I did find your statement concerning David Tepper's assessment of the markets curious. Mr Tepper may not see any great asset classes. Yet every day I use a parabolic move strategy...
  10. mikeriley

    Best day trading books for stocks?

    Books I read every year. All of Bob Volman's books. Predicting Market Trends with Periodic Number Cycles by Carl Futia Long Term Secrets to Short Term Trading by Larry Williams. The Mathematics of Money Management by Ralph Vince. Everything from Phantom of the Pits. Man trying to move a great...
  11. mikeriley

    Valuable Lessons learned from trading

    I like your rules. The most valuable lesson I've learned is the profit of following RULES.
  12. mikeriley

    Can anyone point me to a place / room where people actively trade?

    Can a trader do their own thinking in a crowd? Can a trader learn to trust their own judgments in a crowd? Can a trader learn to embrace ambiguity and uncertainty in a crowd? Can a trader learn to read the market following a crowd? Can a trader adapt & adjust after the setups stop working in a...
  13. mikeriley

    Can anyone teach me trading?

    Someone already mentioned Mark Minervini. You can't go wrong following his material. Good stuff. There are many effective books for Learning, but unless you read and understand the benefits of risk mitigation you'll ascend into trading disaster like so many. Trading is like playing a GAME of...
  14. mikeriley

    Can you recommend a course on trading psychology?

    Effective strategy development and application for behavior modification never comes from a book, but from you. 10 minutes of consistent meditative trading rehearsal before the market opens will improve your subconscious conditioning.
  15. mikeriley

    Can you beat someone who religiously buy and hold bitcoin from inception with trading?

    We traded bitcoin the first year Coinbase opened for business. Recently sold everything at 64k. Of course a million bitcoin investors will claim our decision was premature, but our timeline and fractal geometry led to our exit strategy. As Bob Volman so eloquently stated "That is why trading is...
  16. mikeriley

    What sticky note have you on your monitor?

    3 x 5 Card as sticky note.
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