031 - Know When to Hold’em & When to Sell Stocks (TMC Show)

Today Mike & Melissa discuss various techniques and trading strategies to know when to Hold or Sell a Stock, especially in a choppy market. They also talk about fear of trading loss, when to get out, choosing a stock, position sizing, and risk factors.

In today’s Trader’s Mindchat Show episode you will learn:

* It’s OK to not be in the market 24/7, 365 days a year. Sometimes you need to walk away. As trader Jesse Livermore said, “There’s a time to be long, a time to be short, and a time to go fishing.”

* Three things you need to know when to hold or sell: Which circumstances you’re going to get in, the multiple exits out of a trade, and how much you are going to risk.

* Don’t be married to any certain stock for the rest of your life. Every trade is going to end in divorce. Stay in a trade that treats you well and continues to move in your favor. If it’s an abusive relationship…get OUT!

#tradersmindchatshow #sellingstocks

WHAT IS The Trader’s Mindchat Show???

Wealth is a journey, and this show is your Jumpstart to Trading Success! Hosted by MARA founder and top trading mindset coach Michael Lamothe and his wife, author Melissa Kuch Lamothe, together they will discuss the full spectrum of ways to improve your trading and your life. Joined by expert guests to help YOU trade like the Pro’s, revamp your mindset, balance life, family, and trading, & improve health & wellness.

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• Website: https://marawealth.com

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