In these conditions good traders keep the money they've made, bad ones get destroyed.
$BTC is chopping $40k, $ETH is below $2.4k and sentiment has gone sour.
Here's what you need to know.
It's not longer a clear up only trend like we had for most of 2023.
This is a now a neutral bullish market.
-Bullish market structure (Weekly)
-Neutral sentiment
-Neutral market structure (Daily)
Bag holders are terrified as they experience the number going down for the first time. Especially ones trapped in illiquid trashcoins.
Traders and veterans are unphased, this is standard business.
The best traders I know share one superpower, they can identify WHEN to trade.
They wait for the perfect conditions.
This skill is hard to learn, you need experience and mastery over your trading strategy.
Here's how you find your best market conditions.
1. Trade only 1 strategy
2. Trade on lower timeframes to get lots of experience quickly
3. Journal every trade.
4. Note the conditions it does well in and the conditions it gets destroyed in.
I separate by 6 market conditions; up, down, sideways, up volatile, down volatile, sideways volatile.
5. Do this for 6-12 months and you'll be ready.
I don't need your money, so I don't need to sell you shortcuts.
This is how long it takes MINIMUM.
It isn't easy but it's worth it.
The same patterns hold back most entrepreneurs from:
Making more money
10x their quality of life
Breaking through their next level
Here is How to Reprogram your Mind to Win
REPROGRAM COMPARISON
Disempowered:
Doom scrolling, feeling resentment & jealousy towards those who are farther along & more successful than you
Old Program:
Comparison to siblings & best friends. money stories such as, there is only so much to “go around”, that you will “lose out”
Truth:
There are always people ahead, it’s life.
New Perspective:
Other’s success has ZERO impact on your ability to create your own success. if someone wins, it doesn’t mean that you lose out.
Use other’s success as inspiration to what you can achieve, it’s amazing expansion for your mind.
New Mindset:
Stay in your lane.
Focus on what is in your control and what you need to do today, to generate your own success. who gives a F what anyone else is doing.
REPROGRAM SCARCITY
Disempowered:
Constant stress about money, no matter how much you make, it never “feels enough”
Old Program:
Money doesn’t grow on trees. you have to hustle & struggle, don’t be careless or irresponsible, seeing parents lose it all, fights & conflicts over money, fear around debt, struggling to pay bills etc
Truth:
Money is printed everyday. people are buying and selling every second.
You can make money in a million different ways.
New Perspective:
There is always more money. the opportunity is literally available to everyone & anyone.
New Mindset:
Train your mind to always see opportunity & get after it.
There is nothing to lose.
Money is a neutral tool to be leveraged.
REPROGRAM FEAR OF FAILURE
Disempowered:
Worried you will make a mistake, that people will think you are dumb.
Fear you will be judged & this gives you crippling anxiety, overthinking spirals are the norm
Old Program:
Criticized, made fun of when making a mistake or failed as a child.
Learning that failure is bad.
Truth:
Failure is inevitable and Normal.
The most successful people in the world have had massive failures.
New Perspective:
Failure is not a big deal.
Failure is not your identity.
You also don’t know you will fail.
New Mindset:
Failure is just data that you can utilize to maximize your next move toward your inevitable success.
More failures = Greater surface area for success
REPROGRAM FEAR OF SUCCESS
Disempowered:
Basically you “can’t handle it”.
More success comes with growing with some responsibilities and pressure.
As your decisions have a huge ripple effect.
You are consumed with making EVERYONE HAPPY, leaving you burnt out.
Old Program:
It can’t be easy, too good to be true, people will hate you, and you are incapable of handling it.
Truth:
How do you know you can’t handle it?
You don’t.
Stop selling yourself short.
New Perspective:
It’s okay to suck as you learn.
Everyone does.
Give yourself some grace.
New mindset:
You will always figure it out .
You always have, isn’t that right?
REPROGRAM IMPOSTER SYNDROME-UNWORTHY
Disempowered:
You aren’t that special.
It won’t be you.
Feeling like a fake, like you will be “found out”, constantly doubting yourself and talking yourself out of massive opportunities.
Old Program:
Perfectionism, high performing student, athlete, trying to fit in (staying small) to be liked and accepted by others but always felt different, like an outsider.
Truth:
Of course your next level is uncomfortable.
You haven’t been there before.
A little doubt is normal but you are good enough now.
New Perspective:
Imposter syndrome is a sign of growth & fast movement towards massive goals.
The bigger the gap, the scarier it will feel but it’s a good kind of scary!
New Mindset:
Outside metrics or validation from others are not necessary for your success.
You are good enough now to be in big rooms & go after massive opportunities.
You must be it, then you will see it.
REPROGRAM BURNOUT
Disempowered:
Overwhelmed that you never have enough time.
You work constantly in fear it will all fall apart and feel extremely guilty when resting.
Old Program:
Struggle & hardship around success.
Saw parents struggling and working hard.
You fear of being lazy, and believe you have to “earn it”.
Truth:
If you rest, your business will not implode & dry up.
Suffering is not a badge of honor.
If you rest, you are not lazy, you need it for your mental & physical health otherwise your success will be unsustainable.
New Perspective:
Challenges will always persist.
You understand hard work and effort does not mean you have to struggle. you accept it can be easy and that doesn’t invalidate you or your success.
Resting leads to greater productivity & well-being to be resilient for long term success.
New Mindset:
It’s safe to rest.
If it comes easy, great.
Isn’t all of this for time freedom anyway?
That's a wrap!
PS. If you are interested in cultivating an incredible mind, designed for unreasonable success, fulfillment & happiness, this requires your identity to shift ASAP
Hypnotherapy targets your identity specifically which is how I help my clients achieve multi-millions in wins, better relationships, and happier personal fulfillment.. Curious?
DM “Ready” to get started!
There are no complex indicators BUT you do need to understand Technical Analysis.
Here's an entire trading course for free.
Everything I wish I had when I first started.
Enjoy.
https://t.co/osw5u7Yw4y
You can get a $100K MBA for free if you know how to use Twitter.
Here are 9 of the best threads of 2023.
Bookmark these to get smarter, healthier, and make more money:
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A Twitter account
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