Michael Lamothe (@michaelglamothe) 's Twitter Profile
Michael Lamothe

@michaelglamothe

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linkhttps://www.marawealth.com calendar_today10-02-2011 23:17:27

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Mark Ritchie II (@markritchie_ii) 's Twitter Profile Photo

Well a week ago I said I had no clue where we were going but it was starting to pickup on the downside. Nothing has changed and growth leadership looks worse and some of the earnings less AI & related trades are getting taken out back here. Ironically (for now) the indexes are

Well a week ago I said I had no clue where we were going but it was starting to pickup on the downside.  Nothing has changed and growth leadership looks worse and some of the earnings less AI & related trades are getting taken out back here.  Ironically (for now) the indexes are
Michael Lamothe (@michaelglamothe) 's Twitter Profile Photo

Wow! I just finished 5 days of the Master Trader Program w/ Mark Minervini and calling it "incredible" would be an understatement! I've traded for 25 years, read Mark's books dozens of times, and even wrote my own book, yet, I'm still walking away with fresh perspectives, a

Michael Lamothe (@michaelglamothe) 's Twitter Profile Photo

Something that helps keep your finger on the pulse of the market is tracking breakouts. Whether I buy it or not, I want to know how the market is treating the stocks that I saw setting up. Once they break out, I throw them onto a separate 'Just broke out' watch list. Then I can

Mark Minervini (@markminervini) 's Twitter Profile Photo

Lol! Who the f$%k are "they." These types of traders are hysterical. Mission control is on to us! The fix is in!! Omg! 🤣 How about there are more sellers than buyers? 🤔

Lol! Who the f$%k are "they."  These types of traders are hysterical. Mission control is on to us!  The fix is in!! Omg! 🤣 How about there are more sellers than buyers? 🤔
Christian Flanders (@cflanders7) 's Twitter Profile Photo

Two traders. Trader 1 returns, +150%, -40%, +150%, -40%, +150%, -40%. Trader 2 returns, +100%, -20%, +100%, -20%, +100%, -20%. Final results: Trader 1: +237% Trader 2: + 309% It's why you see so many traders say its not about how much you make in the bull markets, it's about

Michael Lamothe (@michaelglamothe) 's Twitter Profile Photo

It's okay to be wrong on a trade. The question we need to ask is 'How wrong are we willing to be?' If we don't know when we'll cut a loss, panic answers it for us. We end up cutting whenever the loss is too painful.

Michael Lamothe (@michaelglamothe) 's Twitter Profile Photo

The night that rewired my entire belief system happened at 2 AM… Long before I ever placed my first trade. I was six years old, half asleep in a seedy motel room with yellowing wallpaper and the smell of mildew in the air. It wasn’t home. My toys were gone. My life as I knew

Michael Lamothe (@michaelglamothe) 's Twitter Profile Photo

Patience isn’t passive. It’s emotional discipline in action. Most traders think “nothing is happening” in the market right now. But something is happening — internally. When the indexes tighten… When leadership rests… When breakouts are scarce… When traction is limited…

Michael Lamothe (@michaelglamothe) 's Twitter Profile Photo

It's crazy the stories we can believe... For years, I believed my dad didn’t want me. I believed he abandoned me. I believed he was dangerous. That was the story I was raised with. But when I finally lived with him… the truth shattered everything. He wasn’t a monster. He

Michael Lamothe (@michaelglamothe) 's Twitter Profile Photo

Every trader knows this feeling: You get shaken out. You follow your rules. You protect your risk. And then the stock rips +30%, +40% without you. Like $PRAX did. Most traders live in that moment and beat themselves up. But pros zoom out and ask a different question: “What

Every trader knows this feeling:

You get shaken out.
You follow your rules.
You protect your risk.
And then the stock rips +30%, +40% without you.
Like $PRAX did.

Most traders live in that moment and beat themselves up.

But pros zoom out and ask a different question:

“What
Michael Lamothe (@michaelglamothe) 's Twitter Profile Photo

When I was a kid, there was a stretch of time where everything in my life felt unstable. Adults were fighting. Things were breaking. People were leaving. Nothing felt solid. I remember laying on the floor next to my dog, Joey... not hiding, not pretending, just trying to feel

Michael Lamothe (@michaelglamothe) 's Twitter Profile Photo

The market is relatively quiet as we wait for the Fed and any clues on 2026 rate cuts. What matters more than the announcement itself is how stocks respond afterward. That’s where the real information is. Some interesting groups I'm keeping an eye on: • $SMH has rallied back to

Michael Lamothe (@michaelglamothe) 's Twitter Profile Photo

Years later, when my dad turned 70, I stood in front of a room full of people and delivered a speech about the man everyone else knew, the man I never got to know as a child. It was the first time I honored him publicly. The first time I saw him as he really was. The first time

Michael Lamothe (@michaelglamothe) 's Twitter Profile Photo

Really great points here from my friend Jason Graystone especially about the cost of ownership. I’ll add, for example, that smart phones cost most of us 10s of thousands of dollars every year! “What kind of plan is that? I paid a few hundred for the phone, and about 100/mo. for

Pope Leo XIV (@pontifex) 's Twitter Profile Photo

#Christmas reminds us that God makes Himself known by drawing near to us, not in grandiose events or by revealing Himself from afar. God does not remain in some inaccessible heaven, but comes to meet us in the very heart of our ordinary lives. He shows us that daily life, just as

Michael Lamothe (@michaelglamothe) 's Twitter Profile Photo

Most traders think they’re trading patterns. Or setups. Or breakouts. Or indicators. No. You’re trading your beliefs. Beliefs about money… Beliefs about success… Beliefs about failure… Beliefs about what you deserve… Beliefs about what’s “safe” to feel. If deep down you

Mark Ritchie II (@markritchie_ii) 's Twitter Profile Photo

Always follow the incentives. The exchange has the same incentive as a casino: to keep the doors open and the lights on as much as possible. They’ll talk about “extended hours” and improved “liquidity” or “visibility,” but in reality they just want you playing the game, because