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!