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

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! This is a timeless and powerful Must Read for all our traders! Get your copy today: https://amzn.to/3Am4Suh

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. #amazonsponsored

As mentioned in this episode, you may also want to check out our Market Mamas Trader Visualizations episode https://youtu.be/FTT_LOfnjA4?si=EaKDR7tZoL9IQO-n and our show on the Addiction potential of trading https://youtu.be/rol-Tq6or5U?si=b2bS8yLkekShS754! 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 #real #stockmarket #discussion #podcast #resilience #motherhood #daytrader #daytraderlife #entrepreneur #authenticity #transparency #growthmindset #power #powerpursuit #selfactualization #expectations #reality #simple

Trading has to be complicated and vast for a bit, when it is new. There is a massive learning curve during your first several months of your exposure to the markets and how to execute trades, what systems are available, what a real edge even is… But after you’ve settled into a trading market and style, there is tremendous value in then simplifying your system. We market mamas talk in this episode about how and why we have simplified our trading lives as we are growing and evolving and all the benefits around these choices. As well as dropping some gems from a legend in the trading world, so you won’t want to miss this episode! Get to know the mamas better and hear about our current season as busy day traders! Motherhood and juggling multiple loves can spread us pretty thin, but we are here for the work and are enjoying the journey! Real talk is our jam and we appreciate you joining us!

Made mention to in this discussion, we did a great episode previously on our top 10 premarket habits, so check that out: https://youtu.be/1ET8KY8l5q4?si=da4GZoGQ3cwqEaj8! 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/keep-it-simple 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 #simple

When you are early to trading, your expectations and goals are fueled by predominantly successful, advanced traders and online trading mentors who entice us with dreams of making millions from a laptop in no time at all. But is that the reality? Day Traders Becky & Kendra would argue that it is often not an accurate representation of reality and today we confront the truth between realistic expectations for a trading career, and unrealistic expectations. From timeline to indicators, and emotions to daily income, we Market Mamas cover it all in this episode. Get to know the mamas better and hear about our current season as busy day traders! Motherhood and juggling multiple loves can spread us pretty thin, but we are here for the work and are enjoying the journey! Real talk is our jam and we appreciate you joining us! Similar topic, our 2 part discussion with newbie trader Amanda!! Check out these killer episodes to continue the discussion! https://youtu.be/5P6iWNdykbM?si=xujZyKDjPR8FQNRF and https://youtu.be/XTOz0zQKU4Y?si=nJaGsZ9zRB7ea6mH

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/expectation-vs-reality 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

Since starting the journey of day trading over three years ago, Kendra and Becky have found themselves in their own power pursuit in both life and in day trading. In this week's discussion, Market Mamas dive deeper into this topic and touch on the intentions and significance of pushing beyond the status quo and into the fullest version of yourself. Being bold and brave with a willingness to endure many challenges and resistances are required to stay on this path. Letting go of what no longer serves you and sometimes being a lone wolf are some of the costs you pay along the way. The end goal being self-actualization, which sits at the tip top of the Maslow’s hierarchy of needs pyramid. At that level of success and fulfillment, the individual achieves one’s full potential in their pursuits, creative or otherwise, and has become all that is possible. Get to know the mamas better and hear about our current season as busy day traders! Motherhood and juggling multiple loves can spread us pretty thin, but we are here for the work and are enjoying the journey! Real talk is our jam and we appreciate you joining us! Similar topic, GRIT!! Check out this killer episode to continue the discussion! https://youtu.be/XJP-ZFlyAB8?si=l3IR08GJu-muq8tq 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/power-pursuit 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

Market Mamas must-read book recommendation this week features: Never Finished, our 2nd title from author David Goggins. Goggins continues his memoir on the time and growth he went through from where his 1st book ended. He 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. Check out our full discussion in this Market Mamas episode! If you don't have this book yet, it's worth your time for sure! Order it at: https://amzn.to/4f2qlYP 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 More from Market Mamas: Blog - https://www.market-mamas.com/must-reads/never-finished Instagram - @mm_marketmamas Facebook - https://www.facebook.com/profile.php?id=61551100341049&mibextid=b06tZ0 TikTok - @marketmamas Threads - @mm_marketmamas #marketmamas #trader #psychology #bookreview #neverfinished #goggins #stayhard #discussion #podcast #winthewar