@michaelglamothe

Michael lamothe ☑️'s avatar

$2.2M follower assets

📚Author ; The MARA MINDSHIFT GUIDE. 🤑 Helping traders trade fearlessly 📈 #trading mindset coach 👇 Elite program, courses, events, books, and more!
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I wish I could tell you that trading is easy. That it doesn’t require focus, efforts and skill development. But it does,

If you want to trade successfully, there are 8 core skills that you will need to develop. They are shown in the image and mindset hold it all up!
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Before you sit down to trade… CHECK YOUR EGO AT THE DOOR!

It has no place in trading. You don’t get to decide what trade wins or loses. Your job is to work your edge. Follow plan and execute!

Thought? Comment below

$STUDY
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Buying dips are great provided provided you are in a long term uptrend. Moving averages are a great way to tell when trends shift. I like checking them across monthly, weekly and daily timeframes to help.

$STUDY
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Totally makes sense that buying dips will work better when the upward trend is there. Is that what you’re getting at with this pic? I’m trying to think of buying dips without upward trend is present is still good. Would love your thoughts!
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Buying dips are great provided provided you are in a long term uptrend. Moving averages are a great way to tell when trends shift. I like checking them across monthly, weekly and daily timeframes to help.

$STUDY
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Wow! $APTS
This is a great example of why we should follow a single plan and not overthinking things.

Wednesday’s pullback to enter point wasn’t great, especially as the market push higher that day.

2 days later… + 23%
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Looking back, this can seems daunting
AF! Here are some things that can make it less so…

💎 Building the fortune at night gives us freedom and a lot LESS PRESSURE.

💎 Dreams are easily achievable when we play the long game

💎 Get others that can help, it’s the best shortcut

$STUDY
Our trading must align W/ these three things or we will have problems;
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  1. Our belief’s
  2. Our goals
  3. Our ability to execute

Like & retweet if you agree!
Totally agree on beliefs and goals! This is integrity in investing. Question though - when you say “ability to execute” what are you referring to?
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This is why we should look at volume especially if we’re trading stocks.

After a long run, when the volume dries up, it’s a sign that demand is drying up,

DON’T BE THE HOLDER!!!

$STUDY
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This is why we should look at volume especially if we’re trading stocks.

After a long run, when the volume dries up, it’s a sign that demand is drying up,

DON’T BE THE HOLDER!!!

$STUDY 
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