The Subtle Art of Not Giving a F*ck
The book The Subtle Art of Not Giving a F*ck by Mark Manson is our next pick for a Market Mamas Must Read recommendation! It is really so good at challenging one’s perspectives about how real happiness is actually achieved and how problems are never truly eliminated. Manson points out in different ways and with different stories that human beings are flawed and sugar coating that doesn’t do anyone any favors. We love the fact he spells out that we only have so many fucks to give. So we have to be selective with that allocation in order to not burn out and become miserable. If we can dial in our priorities enough so that we are only entertaining the issues that really are in alignment with our values and goals, then we can better reach clarity on how we should be measuring our own happiness. There’s so much more to it too, and of course it is very relatable with our trading journeys! These lessons will be refreshing and smart, so check it out with us!
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.
Breaking the Habit of Being Yourself
The book Breaking the Habit of Being You is significantly impactful for teaching readers how to recognize the roots of what is holding us back and recreate ourselves in the image of who we most desire to be. This Market Mamas must read recommendation and book review covers key concepts in this ground-breaking theory and reveals some of the most powerful lessons for achieving success that we know all our traders will gain great value from.
Grit
Market Mamas must-read book recommendation this week features: Grit by Angela Duckworth. Grit so thoroughly and comprehensively outlines and characterizes what true grit looks like. Through many studies, discussions, polls, and analyses, Duckworth has compiled a really powerful document in this book that covers the character trait of grit so well. Let us break it down for you!
The Obstacle Is The Way: The Timeless Art of Turning Trails into Triumph
Market Mamas must-read book recommendation this week features: The Obstacle Is The Way by Ryan Holiday. This book is packed full of killer stories and timeless quotes that so nicely illustrate powerful directives about self-growth and development. The author draws his inspiration for this book from the concept of stoicism, an ancient Greek philosophy of enduring pain or adversity with perseverance and resilience. The lessons presented to his readers gives us really such a powerful framework that we can apply to our own lives!
The Mental Game of Trading
Market Mamas must-read book recommendation this week features: The Mental Game of Trading by Jared Tendler. This powerful book delves deeply into the psychological struggles of high achievers and is packed full of practical solutions and strategies to guide us in more effectively managing our most common pitfalls. For all our traders out there, this one is really strong with timeless words of wisdom!
The Confident Mind
Market Mamas must-read book recommendation this week features: The Confident Mind by Dr. Nate Zinsser. This excellent read offers great advice on how we purposefully strengthen our confidence to reach our highest peaks. It is not an overnight process and this book was really packed with actionable advice to help us all achieve next levels. Check out our full discussion!
The Power of One More
Market Mamas must-read book recommendation this week features: The Power of One More by the impressive Ed Mylett. In this book, Ed provides powerful perspectives and strategies to bringing your life up to higher levels by consistency pushing yourself to achieve more. Many great lessons in here we wanted to discuss!
Hustle Harder, Hustle Smarter
Here's another awesome title Hustle Harder, Hustle Smarter, by Curtis Jackson, AKA 50 cent we've added to our trader must-reads list! We outline some of the key components in his stellar book that offer great advice and insight on how to become extremely successful in your chosen power pursuit and get everything that you're willing to earn.
The Daily Trading Coach
Must Read recommendation and review of The Daily Trading Coach by Brett Steenbarger, where we discuss some of our favorites of the many tools he provides to help us prioritize our trading and life goals.
The Psychology of Money
Must Read Recommendation and Review of The Psychology of Monet by Morgan Housel and how doing well with money is about behaviors and real world choices emphasized with interesting stories.
Relentless
Review of Relentless by Tim Grover & Shari Wenk and how we can learn from the strongest qualities of the best athletes of all time and become unstoppable.
Atomic Habits
Review of Atomic Habits by James Clear and how you can align your identity with your habits to become the person you aspire to be.