All developing traders know who we ideally will become as consistently profitable traders once we more fully dial in our process and our behaviors. We’ll lock down impulse control and only execute per our clearly defined system so that we can experience compounding success. But also, we are humans and many of us occasionally still succumb to poor habits like engaging with our fomo, revenge trading, overconfidence, or over-trading. And then there are the larger outside influences that can temporarily derail our progress and force us to pivot and adjust yet again. What we are seeking is trader maturity so that we can leverage up appropriately with less hesitation and accept small losses without fear. In this episode, the Market Mamas cover it all from this critical growth period for all traders. Thanks for joining us!

In this episode, Market Mamas discuss the experiences of day trading, focusing on Kendra's recent particularly challenging trading day. Kendra walks us through the difficult lessons learned in participating in a market that does not favor her trading edge. They explore the psychological effects of winning streaks, the emotional turmoil of trading on tilt, and the importance of understanding market conditions. The conversation emphasizes the need for reflection, personal growth, and support in overcoming setbacks and maintaining a positive trading mindset. Our best trading days are ahead!

This Market Mamas episode is for all our growing day traders and high achievers out there. The reality is, we have got to prioritize and stay cognizant of how we show up as our personal trading coaches every trading session and every day. As developing traders, we have to expect many “failures” to help teach us as we grow! A failure is simply feedback that what you tried in a given situation was less than ideal and you should study a better way to approach it when that setup presents itself again. If failures are meant to be teachers, we then have to shut down the unhelpful emotions, such as regret, anger or depression, so that we can in fact accept the lessons! This is such a critical psychological lesson for us all to really hear and internalize. We can be strong, positive, productive trading coaches to ourselves if we so choose to manage ourselves that way and the value from this approach is incredibly powerful and truly essential! Ideally, we allow our trading journey to be full of excitement, learning, little victories mixed with the lesson days, and graceful anticipation for what the challenges of each new level will present. Join us in the conversation of this episode. Our best trading days are ahead!

Join us as we celebrate a major milestone for our podcast in the Market Mamas 100th episode! In a rare opportunity, we were able to film this episode together on a trip to San Francisco in October. Also on that trip, Becky & Kendra captured some great pictures on our second Market Mamas photo shoot, enjoyed some in person bonding time with many of our fellow day trading friends, and took in the sights. With such sincerity, we thank you all for being a part of our Market Mamas trading psychology community! Cheers to the next 100!

Nasdaq futures day trader Kendra shares her growth and perseverance as she recently ran her first full marathon. Market Mamas Becky and Kendra explore the many parallels between the challenges of trading and distance running, emphasizing the importance of mindset, resilience, and flexibility within any plan. The conversation transitions into day trading executions, outcomes, and the lessons learned throughout a week of trading experience. Market Mamas highlight the significance of patience, risk management, self-reflection, and giving yourself grace as we grow and achieve all our greatest goals in due time!

Overall, the stock market is bullish. But Market Mama Becky is still working tirelessly to get past a persistent bearish bias with her trading! In this episode, she recounts a challenging day for her that should have been so much easier. Day trading the futures instrument YM, Becky relives shorting a bullish morning, the lessons she gained, and the important reminders all traders can learn from. Biases can seriously impact a trading session, and we must always remain vigilant and aware so that we are trading our data and system effectively. Becky reminds viewers that It's important to accept losses without shame and states, "It's possible to use reasonable disappointment as a catalyst for growth." The hosts also highlight the extreme difficulties one faces in day trading and significance of community support in navigating the ups and downs. Thanks for joining the market mamas in this conversation!

In this episode, Market-Mama Kendra discusses her experiences as futures day trader, focusing on the challenges and lessons learned throughout the week. Kendra shares her trading recap, emphasizing the importance of mindset and psychology in trading, saying "Every day felt like a test." Kendra and Becky explore the significance of maintaining a defensive approach during tough market conditions and the necessity of having a solid trade management plan. The conversation highlights the reality of trading, where maintenance weeks are just as important as big wins, and the importance of showing up and trying in the long game of trading.

For this episode, Market-Mama Becky shares her recent family vacation and how reinvigorating time away can be, but also how much really goes into orchestrating such time away. As busy creators of our futures, it is an investment of time as much as anything to work around these memory-building adventures. Once back to her day trading, Becky was so grateful that the skills and habits she had cultivated as a devoted and evolving trader were still as present as ever. She details two of her favorite day trading setups that she was able to capitalize on, along with some great tips for other traders!

In this episode, Market-Mama Kendra recaps her trading week and shares the lessons and experiences she gained. She discusses the challenges she faced, including entering trades too soon, getting stopped out, and struggling with mindset. Kendra emphasizes the importance of staying focused, respecting trading conditions, and taking breaks when needed. She also highlights the power of if-then statements and having a defined trading system that supports your style. Overall, Kendra's week was a mix of ups and downs, but she remains optimistic and focused on continuous improvement.

As growing day traders pushing for our biggest dreams, let’s get real about some critical psychological concepts we must grow through! Market Mamas tackle what it feels like in real time challenging the status quo, imposter syndrome, our limiting beliefs, and saying goodbye to our previous identities. We have certainly experienced the ups and downs of fighting relentlessly for more out of life, out of our outcomes, and for our goals. And we are not stopping. If you are likewise pushing your boundaries and finding your next levels as a trader and/or entrepreneur, let’s talk about it today!

As day traders, Becky and Kendra have been taught and learned through our own experiences to respect and appreciate the influence of probabilities in our trading businesses. We always try to inject logic into our trading system so that we can honor this exact relationship every day at our charts. A red P/L day gives us valuable feedback and performance data to examine. As the consistently profitable traders that we are growing into, we want to experience the uncomfortable but manageable outcome of a small red day that can be hard to accept at the moment, but is sustainable for our trading accounts. Vs not accepting an initial small loss and engaging in a fix it battle with the market and the toxicity of that. These concepts and so much more are discussed in this episode today.

It’s time!! Let’s talk RISK MANAGEMENT with the Market Mamas! In this episode, Day Traders Becky & Kendra will cover core risk management terms and techniques, as well as tackle the heart of the risk management challenges. And that is truly embracing, trusting, and exhibiting strong risk management in real time trading. Understanding technically how to place and what makes an appropriate stop loss for different market conditions is critical and will improve over time and with experience with your instrument of choice. But every trade and every session, respecting yourself and your trading business enough to consistently follow your risk management - that is the pivotal obstacle to consistency in your outcomes. This is a can’t miss Market Mamas episode!

Summer 2024 went on a very unexpected detour for trader and Market Mama Becky. In this episode, we get vulnerable and honest about what it looks and feels like to persevere through a major life hurdle as a day trader. Whether your trauma is physical, emotional, or belongs to a loved one in your home, working through these obstacles will have similarities. Thereby, so will the recovery beyond them. Join us in discussing what trader Becky went through and how she is growing past her difficult season in life, but more specifically in her trading career. These tips and tools are universal and are born from experience and over time. Thanks for being with us at our Market Mamas community!

If you have ever really attempted a pursuit that is incredibly challenging, then you will know a bit about the concept of resiliency first hand. As day traders, we Market Mamas definitely have developed quite an understanding of this trait. So, let’s talk about resilience and how we best can channel it in all our pursuits!