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  1. mikeriley

    The collapse of Western economic system and the curse of Central Bankers

    In the 90's I read dozens of books on the ill-gotten gains of fractional-reserve banking and how these banking entities literally control the world. I only regret I did not have the same mindset I now follow to make as much money as possible. I spent too much time and energy concerned with...
  2. mikeriley

    In what time period are you usually profitable ?

    Asian open for Nasdaq Futures.
  3. mikeriley

    Interesting presentation on the direction of home prices

    Interesting assessment on real-estate price growth. Wealth is gained from savvy investors using property for rental income, not by just buying an expecting home prices to increase over time.
  4. mikeriley

    Buying the open can be a tough business

    Maybe This is one of the only stocks I made money with shorts. Been at the bottom ever since. In it's heyday it was running $250 to $270 daily.
  5. mikeriley

    Buying the open can be a tough business

    It's been in a downtrend since early August. It might be low risk depending on present volatility and where you plan to place your stop.
  6. mikeriley

    [Hacker News Rant] Why Modern Software is Slow

    You can tell this person did not grow up in the 70's and 80's These young kids are impatient and expect things to move fast. I can still remember when a beeper was a big deal. Patience is a virtue and be more grateful that they even have this wonderful technology.
  7. mikeriley

    TRADING Records for 20 oldtimers will clean this place up a lot!

    I assume you are probably either very young of age, or a fairly new trader, because a state of mind influenced by PRIDE is a disaster waiting to happen. Pride goeth before destruction, and an haughty spirit before a fall. Better it is to be of an humble spirit with the lowly, than to divide...
  8. mikeriley

    Is there an edge in social trading ?

    If they offer a trial membership so prospective clients can prove the validity of their system.
  9. mikeriley

    The Fed Is Finally Seeing The Magnitude Of The Mess It Created.

    I suggest Mr. Ryan McMaken read the following material. Until then he'll continue to assume & assess these people as miscalculating bumbling professors. https://u1lib.org/book/11924050/b940f2
  10. mikeriley

    Government screws up and then nationalizes

    Ask Gaddafi if nationalization can become a core policy. Him and his country was destroyed over this exact same policy.
  11. mikeriley

    Lumber mini futures contract (LBR) at CME Globex - not available for trading

    I can't imagine the trading strategy with such low volume.
  12. mikeriley

    Are equities an inflation hedge?

    The best hedge against inflation is ones wisdom, insight and ability to short the market and ride the bear until things change.
  13. mikeriley

    Kuppy ....... Fed

    Our Government when bankrupt in 1933, assuming it may never happen again is both irrational and naïve, especially since it's happing RIGHT NOW.
  14. mikeriley

    Anyone trading next week seasonality ?

    Hi there Sekiyo, I like your statement above. The author of Alpha Trader, Brent Donelly mentioned that same statement in his book.
  15. mikeriley

    Anyone Trading Crypto Futures on Binance?

    Not sure why, it comes up on Chrome browser.
  16. mikeriley

    Anyone Trading Crypto Futures on Binance?

    Posted this chart a dozen times already because it's accurate. Thus far churning 86.3% (41 wins 8 losses) https://buybitcoinworldwide.com/stats/cycle-repeat/
  17. mikeriley

    Bear markets are great at trapping investors

    I forgot his screen name, but there was someone on this Forum predicting the market had hit bottom. Not sure why anyone thinks a bear market only last a few months.
  18. mikeriley

    If you had to start over...

    Understanding how FOMC, CPI, interest rates, employment data, and GDP expectations and actual numbers move the markets is something I wish I paid more attention to. I can struggle all week, and make it back and more when I'm on the right side of economic data.
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