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  1. mikeriley

    Have you had more success with systematic trading, or discretionary trading?

    Some of us ill-defined discretionary traders average $500/day Your diatribe was complete nonsense. Why do you have negative animosity towards discretionary traders? Apparently you have no idea, that FORWARD TESTING is 1000% better than any back testing software, and actually teaches a trader...
  2. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    No noise - clean signals - volume based charts for NQ Worth the effort to forward test until I found which values work. (back-testing can't show me that):cool:
  3. mikeriley

    Swing Trading on the Daily Chart

    Understand price action and market structure, and all you need is a volume based chart. If you depend on indicators you'll be like most who can't determine short term direction, or a reversal from a pull back. VOLUME is King
  4. mikeriley

    The ‘Fidelity Mafia’ Behind Big Crypto

    The Fidelity-affiliated crypto venture firm is Fidelity Center for Applied Technology. It's a research team which identifies and explores emerging technology. They have a record of purchasing a stake in enterprise level mining facilities. I have a sep-ira linked to bitcoin with Fidelity and try...
  5. mikeriley

    momentum question.

    Yes, I 2nd This! No indicator known to man can match the optic nerve.
  6. mikeriley

    Investors in the United States: The Changing Landscape

    Maybe more investors are becoming traders. NQ and all the index instruments moved in correlation like Godzilla yesterday!
  7. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    My favorite instrument NQ moved over $600 dollars in one day! (600 points) That's over 2400 ticks! I know it's old news, but I still love how S&P and the DOW follow each other. Trading correlation is fantastic with the Index instruments. We'll see what happens today.
  8. mikeriley

    Seeking Trading buddies for scalping ES, NQ, CL, HG

    Redshak, I agree with your perspective about trading alone. After marriage things changed for me, but doing it alone is a hard course. There are so many things to deal with in trading, and a SUPPORT base can be a wonderful asset. I suspect this may be why smart money, which has a large support...
  9. mikeriley

    Is trading Implied Vol, the real edge here? And anything directional has no edge?

    Everything directional has a "potential" edge. (IF, you know what to look for.) 800+ ticks directional move on the below NQ 10000 volume chart
  10. mikeriley

    TA Book Thread

    I love Volman's books also. And a 1000% easier to understand than Al Brooks material. lol
  11. mikeriley

    Make sense of this market?

    If your perspective is based upon a 92% probability of loss, it's indicative you're still searching for a winning edge. If I lost that much, I'd quit trading and start raising chickens for a living.
  12. mikeriley

    How to build a secure computer for storing digital crypto assets

    I think a simple paper wallet in a home safe is more secure than online.
  13. mikeriley

    Make sense of this market?

    A better question is "How do I as a trader identify Market Structure?" And once identified, "What tools and/or techniques can I use to take advantage of when it's broken?" To your trading success.
  14. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    Using multiple references for directional Bias.
  15. mikeriley

    What to do after loss

    s Trader, I like your comment. Definitely every loss is a lesson for improvement.
  16. mikeriley

    tracking stats?

    getthatintoya - That's nice work.
  17. mikeriley

    Would you teach your kid Scalping?

    Indeed, swing trading would be my instruction also. New traders are influenced by Trading Guru's like Al Brooks, who teaches scalping the 5 minute chart. The fact he states that it took him over 10 years before he became profitable should be a warning to future scalpers.
  18. mikeriley

    The complexion of the market has changed.

    Every market goes through cycle phases every year.
  19. mikeriley

    UPS drivers average 170k?

    I was a trucker for 16 years. I'll tell you why.. About 50% of those who get a CDL and secure an over-the-road position will QUIT within 9 months. Another 20% will quit as soon as they experience how out right frustrating and DANGEROUS it is to drive during the WINTER MONTHS. The trucking...
  20. mikeriley

    What is your definition or experience in creative problem solving while trading?

    Once the edge is secured, it may take meditation to keep it. Technically, no one man or woman can define what might work for another trader. (But we do it all day on these Forums! hehehe)
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