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. They also discuss the psychological aspect of risk management, including the importance of journaling, taking breaks, and maintaining a healthy outlook. The episode concludes with the reminder to focus on the bigger picture and to view losses as opportunities for growth. This is a can’t miss Market Mamas episode! The following Market Mama's real trader interviews are mentioned in this episode: Embrace The Learning Process to Become a Successful Trader in 2024 [Do These Things & WIN] https://youtu.be/7xSVs1XJPSo PROFITABLE Day Trading Mentor Interview | Learn how to be SUCCESSFUL in the Stock Market (2024) https://youtu.be/I6hO9hrRxQM DAY TRADER PHIL SHARES HIS MARKET WISDOM AND EXPERIENCE WITH US 2024 https://youtu.be/YycVTS-Ni1o Long Game MINDSET | How to think like a PROFITABLE trader (2024) https://youtu.be/yqpF2eWkRFk To join us in our Audible obsession, sign up!!! http://www.amazon.com/audibleplus Their titles are seriously the most comprehensive and Audible is sooo easy to use! We listen literally every day to something or another that adds such value to our journeys. #sponsored Apex Coupon Link: https://apextraderfunding.com/member/aff/go/travelgoals Apex Coupon Code: ITWJBGKR More from Market Mamas: Website: www.market-mamas.com MM Merch Store: www.market-mamas.com/mm-merch Instagram - @mm_marketmamas Facebook - https://www.facebook.com/profile.php?id=61551100341049&mibextid=b06tZ0 TikTok - @marketmamas Threads - @mm_marketmamas Email: contactus@market-mamas.com #marketmamas #daytrading #psychology #riskmanagement #real #stockmarket #discussion #podcast #resilience #motherhood #daytrader #daytraderlife #entrepreneur #authenticity #transparency #growthmindset #power #powerpursuit #selfactualization #expectations #reality

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! The following Market Mamas episode is mentioned in this episode:

Break Through Barriers as a Trader with Dispenza's Powerful Methods | 2024 [Step Into Your Success] https://youtu.be/GY7ssmkwtFA

To get Dr. Joe Dispenza's book for yourself, go to: https://amzn.to/4bUhUN6 To join us in our Audible obsession, sign up!!! http://www.amazon.com/audibleplus Their titles are seriously the most comprehensive and Audible is sooo easy to use! We listen literally every day to something or another that adds such value to our journeys. #sponsored

Apex Coupon Link: https://apextraderfunding.com/member/aff/go/travelgoals Apex Coupon Code: ITWJBGKR

More from Market Mamas: Blog - https://www.market-mamas.com/ourcontent/becky-overcoming-2024 MM Merch Store: www.market-mamas.com/mm-merch Instagram - @mm_marketmamas Facebook - https://www.facebook.com/profile.php?id=61551100341049&mibextid=b06tZ0 TikTok - @marketmamas Threads - @mm_marketmamas Email: contactus@market-mamas.com #marketmamas #daytrading #psychology #real #stockmarket #discussion #podcast #resilience #motherhood #daytrader #daytraderlife #entrepreneur #authenticity #transparency #growthmindset #power #powerpursuit #selfactualization #expectations #reality

In this episode, Market-Mama Kendra discusses her experiences and current season as a developing day trader. Kendra shares her journey of self-discovery and growth in her trading. She realizes that her greatest hindrance to profitability is taking short-lived trades and not fully trusting her analysis. She creates a profit-taking plan and shifts her mindset to love risk and opportunity more than the fear of losing. Kendra also challenges herself to trade larger evaluation accounts and focuses on improving her perspective on participation. She emphasizes the importance of respecting the long game, identifying weak spots, and proper preparation. Kendra shares her success pyramid and the things that make her a consistently profitable trader. The following Market Mamas episodes mentioned in this episode: Recognize & Target Your Trading Limitations Head-on 2024 [Advice from an Expert] https://linktw.in/GtRtGl Trader Funding Companies | Opportunity or Scam? 2024 (An Objective Discussion on All the Factors) https://linktw.in/hBQGZP Prop Firm Trading | Part 2 (A Cross Comparison of these Funding Companies) 2024 https://linktw.in/RPdVVy Apex Coupon Link: https://apextraderfunding.com/member/aff/go/travelgoals Apex Coupon Code: ITWJBGKR More from Market Mamas: Blog - https://www.market-mamas.com/ourcontent/kendras-growth-2024 MM Merch Store: www.market-mamas.com/mm-merch Instagram - @mm_marketmamas Facebook - https://www.facebook.com/profile.php?id=61551100341049&mibextid=b06tZ0 TikTok - @marketmamas Threads - @mm_marketmamas Email: contactus@market-mamas.com #marketmamas #daytrading #psychology #real #stockmarket #discussion #podcast #resilience #motherhood #daytrader #daytraderlife #entrepreneur #authenticity #transparency #growthmindset #power #powerpursuit #selfactualization #expectations #reality