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  1. mikeriley

    Donchian 4 week method

    Thanks Millionaire, I appreciate your insight. For now, I'll let the tape decide, or until the law of diminishing returns pimp slaps my confirmation bias back to reality.
  2. mikeriley

    Donchian 4 week method

    I was recently perusing some notes from Richard Donchian's 4 week strategy. He was popular for advocating a 4 week new high method. Whenever price exceeded highs four consecutive weeks, he believed it was a good time to go Long. (or stay long) I see NQ would presently make his list. "How...
  3. mikeriley

    Charts For No Reason

    Good deal.
  4. mikeriley

    The Crypto Geniuses Who Vaporized a Trillion Dollars

    Pekelo you're a consistently dedicated advocate of detailing crypto failures. Imagine the thought of showcasing some crypto success stories.
  5. mikeriley

    Charts For No Reason

    90% conviction NQ will continue north.
  6. mikeriley

    I need help with understanding momentum

    That's an effective method. I use NQ, ES and YM Some days it's almost Holy Grailish how they follow each other.
  7. mikeriley

    Twitter/YouTube Option Traders

    Thanks for pointing that out, homie
  8. mikeriley

    Twitter/YouTube Option Traders

    Did you perchance put in the wrong date? Youtube did not come into existence until 2005. History of Youtube https://en.wikipedia.org/wiki/History_of_YouTube Most of what we see on the Internet today did not exist in 1987.
  9. mikeriley

    Hidden Market Wizards...

    A close friend and mentor. Unfortunately he's now diseased. Man had a heart of gold and helped a lot of people, charity work, soup kitchens and a lot of philanthropy. Drove a beat up truck and always looked like he needed a new pair of shoes. Over a million a year trading futures. (consistently)
  10. mikeriley

    What is your favorite Position Sizing method ?

    Fluid determined by market conditions.
  11. mikeriley

    NQ running again

    I've used 1, 2, 5, 7, 10 and 15 minutes in the past. Excluding a time series strategy that I use for stocks. For me, it never gave me enough time to THINK. Some, if not most trades need sufficient time to develop to determine if it might have a high chance of winning. That's hard to do when the...
  12. mikeriley

    NQ running again

    Hi there Overnight, I also use that same method for 5am to 5pm Presently have a short at 13284.75 Looking at todays move there's a strong chance it may hit that level. Expecting 100 ticks if it does.
  13. mikeriley

    NQ running again

    OK, test this one in Simulation mode until you're confident for Live trading. ( I know it works):) Step #1 Open MNQ with a 30 minute chart. Step #2 Make sure you can see at least 5 days of price. Step #3 Every day determine High/Low range. Step #4 Range is absolute high and absolute low between...
  14. mikeriley

    NQ running again

    Hi there SimpleMeLike I've already given you that strategy in the form of a Game. You were instructed to play the Game in simulation mode until you were confident the strategy was viable for live trades. Use micro contracts. https://www.elitetrader.com/et/threads/a-trading-game-for-fun.366818/
  15. mikeriley

    NQ running again

    LOL..I'd really need a crystal ball if I traded without those. Chart fixed.
  16. mikeriley

    NQ running again

    NQ had a great run today. Expecting it will continue North. Thank God I never listen to financial media or the prognosticators of War.
  17. mikeriley

    Trump's Mar-a-lago Raided by FBI

    Unfortunately none of this in America will end until "we the people" who respect Constitutional freedoms end it. I'm a black man, but I can see there's a war against Caucasian men in this country. Look at this...
  18. mikeriley

    Zen and the Art of Trading

    Very true. Modified quote from Sun Tzu's "The Art of War" If you know your preferred market and know yourself, you need not fear the result of a hundred battles. If you know yourself but not any market, for every victory gained you will also suffer a defeat. If you know neither any market nor...
  19. mikeriley

    Mindset

    Psychologist Carol Tweck's book called "Mindset" was an interesting read. Her theory deals with the symptoms, advantages and disadvantages of a Growth Mindset vs Fixed Mindset. How preconditioning through parenting, peers, education, media and environment will shape our personality, attitude...
  20. mikeriley

    Get it while it's HOT

    My math might be wrong. (I did warn you I'm not a math guy)o_O Try 24.83%
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