In this episode of Market Mamas, Becky and Kendra delve into the intricacies of day trading, focusing on the mean reversion trade strategy, Becky's favorite! They discuss their personal experiences, trading setups, and the importance of understanding active market behavior and tailored risk management. The conversation highlights multiple vantage points on the valuable mean reversion setup, emphasizing what to watch for and when with these near daily trading opportunities. The hosts share valuable insights on day trading skills, the significance of a point of control, and the dynamics of early versus late day trading strategies, ultimately encouraging traders to study and back-test this strategy for optimal understanding and utilization.

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!