One Good Trade
Market Mamas must-read book recommendation features: One Good Trade, by Mike Bellafiore. In One Good Trade: Inside the Highly Competitive World of Proprietary Trading, author “Bella” shares the principles and techniques that have enabled him to navigate challenging markets, both as a trader and as a mentor. Through stories of his trading experiences and traders within his firm under his guidance, Bella emphasizes the skills and factors that are key to success in the challenging world of trading. This comprehensive and impactful book holds so much wisdom that Becky and Kendra spend some time unpacking in this strong episode for all our traders!
Never Finished
Market Mamas must-read book recommendation features: Never Finished, by David Goggins. Goggins gives us great detail about his continued development of philosophies, psychology, and strategies that helped him to get through and beyond physical trauma, schedule setbacks, a poor surgical outcome, and how he navigates under public scrutiny. We gathered a ton of value from learning more about Goggins raw and impactful life experiences and appreciate his willingness to share and expose all the deep, dark parts of himself that most people try to hide. He’s always an inspiration for us to not run from weaknesses but rather call them out and then get to work. As Goggins says, there is always another evolution and another better and deeper version of ourselves to reveal. We whole-heartedly believe that and have experienced those exact sentiments with our growth in the world of trading. There is always tomorrow. And the knowledge of our own resilience as day traders provides hope based on facts. After all, our survival rate on the hard days is 100% thus far.
The Magic of Thinking Big
This classic, The Magic of Thinking Big by David Schwartz, has been influencing individuals to expand their realm of possibility and lives for decades now. For anyone who is hungry for more out of life, a bigger identity, and to build their legacy in day trading or otherwise, we Market Mamas definitely recommend this book. In this best-selling masterpiece, Schwartz proves you don't need superhuman talent to achieve all your biggest goals, but you do need to understand the habit of thinking and behaving in ways that will get lasting success. Let's discuss the tips that put you on the road to changing the way you think, helping you work more effectively, manage smarter, earn more financial success, achieve your biggest goals, and, most importantly, live a fuller, happier, holistic life. This book is truly a well-written guide to whole life success and limitless possibilities!
The E Myth Revisited
For all our entrepreneurs out there, you need to read The E Myth Revisited! The core of the book is all about the distinction between working on your business and working in your business. Author Michael Gerber offers stories and examples of struggles businesses encounter, possible explanations for their trouble, and then elaborates on ways to improve and optimize. By dispelling common myths and outlining essential steps and growth phases of any business, Gerber can really help early or struggling business owners course correct for success! Both for day trading and our Market Mamas businesses, this book offered powerful and actionable insight.