Market Mamas: Day Trader Psychology

Download Becky's custom trading audio tracks for free and start mastering the mental game to stay focused, grounded, and in control.👉 https://www.market-mamas.com/audio-tracks-download —------------------------------------In this episode of the Market Mamas Podcast, host Becky Gaskell goes deep into the surprising compatibility between trading and mom life. As a US-based futures day trader and a mother of three boys, Becky shares her personal journey, starting in 2021, and explains why trading can be an incredibly powerful and flexible fit for busy mothers, whether they are stay-at-home, part-time, or full-time working parents.👉 Love the show? You can now support Becky by buying her a coffee! https://buymeacoffee.com/marketmamas👉 Bulenox Trader Funding: https://bulenox.com/ Coupon Code: MMAMASThis code will get you their best available deal at any given time, even up to 91% off frequently!👉  If you find that now is your time to upgrade your trading setup, I highly recommend this incredible resource from a leader in trading computers. https://www.tradingcomputerbuyersguide.com/market-mamas-eztc-tcbg Check it out and receive a $50 off coupon just by looking at their informative PDF!Key Takeaways:Trading Offers Flexibility: You can trade on your own schedule, fitting it around nap times, pre-market, or evenings for planning.Low Barrier to Entry: Trading doesn't require a financial degree, and success is achievable through self-teaching and online resources.Start Small and Safe: Begin with paper trading (simulated money) and use reliable prop funding companies or trade small positions to limit financial risk initially.Financial and Personal Empowerment: Trading offers potential for an independent income stream and generational wealth, while also providing intellectual stimulation and a sense of personal accomplishment.Importance of Community: Actively pursue a strong, supportive online community or close trader friends to share strategies and help with emotional challenges.Prioritize Risk Management: Trading is hard and carries significant risk of loss. Always have a protective stop loss and prioritize tight risk management to ensure longevity.Episode Breakdown with Timestamps[00:00:00] - Becky highlights how her trading pursuit models independence, dedication, and persistence for her children[00:01:15] - Becky shares her trading background and discusses the challenges of balancing rewarding but exhausting parenting with the need for a personal, intellectual pursuit.[00:04:00] - The advantages of flexible hours, the ability to scale time commitment as children age, and how self-teaching reduces the barrier to entry.[00:07:44] - How starting with paper trading, small capital, and utilizing prop funding companies reduces initial financial risk.[00:10:49] - The benefits of an independent income stream, boosting household income, and the mental stimulation and growth challenges trading provides.[00:15:32] - Trading as a source of personal accomplishment, boosted self-confidence, and the need for supportive online trading communities.[00:24:02] - Addressing the difficulty of emotional highs/lows, time conflicts with parenting, and the significant risk of losing money without proper risk management.[00:31:12] - Warning against comparing your learning pace to traders who have more free time, emphasizing the need for self-grace, and encouraging finding supportive friends or mentors.🔗 More from Market Mamas: 👉 Website: www.market-mamas.com 👉 LinkedIn: https://www.linkedin.com/in/becky-gaskell-market-mamas/ 👉 Instagram: @mm_marketmamas 👉 Facebook: Market Mamas Facebook 👉 TikTok: Market Mamas on TikTok 👉 Email: contactus@market-mamas.com#MomTraderLife #MarketMamas #FuturesTrading #TradingForMoms #WorkFromHome #FinancialEmpowerment #TradingPsychology #IndependentIncome #LadyTrader #financialfreedom

Download Becky's custom trading audio tracks for free and start mastering the mental game to stay focused, grounded, and in control.👉 https://www.market-mamas.com/audio-tracks-download In this episode of the Market Mamas podcast, host Becky Gaskell welcomes Richard Weissman, a trading veteran who started his career on the exchange floor in 1987. Richard, a startup CTA with products like Return in Alpha and Tara, brings decades of wisdom, discussing his journey from the market crash of '87 to his current role overseeing risk for algorithmic models. The conversation dives deep into the philosophy of risk management, finding the "sweet spot" for aggressive yet calculated trading, and his "casino paradigm" for consistent success, which he details in his book, Trade Like a Casino.Get your copy of Trade Like a Casino today: https://amzn.to/4oha4TI 👉 Love the show? You can now support Becky by buying her a coffee! https://buymeacoffee.com/marketmamas👉 Bulenox Trader Funding: https://bulenox.com/ Coupon Code: MMAMASThis code will get you their best available deal at any given time, even up to 91% off frequently👉 If you find that now is your time to upgrade your trading setup, I highly recommend this incredible resource from a leader in trading computers. https://www.tradingcomputerbuyersguide.com/market-mamas-eztc-tcbg Check it out and receive a $50 off coupon just by looking at their informative PDF!Key Takeaways:- To balance risk and reward, Richard accepts 20-30% drawdowns for the potential of triple-digit returns (100%+) in a strong year.- Success in trading, like in a casino, relies on two pillars: a positive expectancy model and strict risk management to prevent catastrophic loss.- For highly correlated assets like major equity indices, manage them as a single, unified risk basket with one higher risk ceiling, rather than individual assets.- Richard's scaling technique involves entering small, adding on pullbacks, taking partial profits at your goal, and trailing the stop on the remainder of the position.- Richard's models are built on the twin concepts that markets trend and offer great risk/reward and that low-volatility consensus is unstable, leading to high-volatility breakouts.- The most common paths to failure are breaking risk limits and system hopping during a cold streak; therefore, emotional persistence and a long-game mindset are key to success.Episode Breakdown with Timestamps:[00:00:00] Discussion on finding the "sweet spot" between risk management and earning enough. Introduction of guest Richard Weissman. [00:03:54] Learning on the floor of an exchange trading NYSE Composite Index (knife futures) and the CRB Index.[00:08:47] Using risk ceilings between positively correlated assets as a de facto hedge. [00:18:21] The combined power of probability skew and table limits (risk management). [00:25:19] Richard’s two major concepts: markets trend (e.g., Nasdaq, Gold, Silver) and low volatility consensus is unstable.[00:35:44] Explaining the cyclical nature of volatility—from low vol consensus to high vol trending, and back. [00:43:22] Advice to his former self: look for the casino paradigm, asymmetry in risk and reward, and opportunities to risk a little to make a lot. [00:48:02] The power of positive self-talk to let go of negative inner dialogue and build confidence.🔗 Follow Guest Richard Weissman:👉 LinkedIn: https://www.linkedin.com/in/richard-weissman/👉 Email: richard@weissmanconsulting.com🔗 More from Market Mamas: 👉 Website: www.market-mamas.com 👉 LinkedIn: https://www.linkedin.com/in/becky-gaskell-market-mamas/ 👉 Instagram: @mm_marketmamas 👉 Facebook: Market Mamas Facebook 👉 TikTok: Market Mamas on TikTok 👉 Email: contactus@market-mamas.com#RiskRewardSweetSpot #PositiveExpectancy #CasinoParadigm #TradingPsychology #ScalingPositions #MarketTrends #RiskManagement #TradingSuccess #MarketMamas #TraderJourney #TradingStrategy

Download Becky's custom trading audio tracks for free and start mastering the mental game to stay focused, grounded, and in control.👉 https://www.market-mamas.com/audio-tracks-download —------------------------------------In this installment of the "Learning from Legends" segment on Market Mamas, host Becky Gaskell studies the life and radical philosophies of Ray Dalio, one of the most legendary traders and thinkers in modern finance. Beyond just the markets, Dalio is a champion of personal growth, radical honesty, constant learning, and owning your mistakes.Becky explores Dalio's journey, from his first investment at age 12 to founding Bridgewater Associates - the world's largest hedge fund - out of a small New York apartment in 1975. You'll learn about his global macro investing style, which focuses on big-picture trends like inflation and geopolitics. Get Dalio’s Principles for yourself today: https://amzn.to/3KGWYRu 👉 Love the show? You can now support Becky by buying her a coffee! https://buymeacoffee.com/marketmamas👉 Bulenox Trader Funding: https://bulenox.com/ Coupon Code: MMAMASThis code will get you their best available deal at any given time, even up to 91% off frequently!👉  If you find that now is your time to upgrade your trading setup, I highly recommend this incredible resource from a leader in trading computers. https://www.tradingcomputerbuyersguide.com/market-mamas-eztc-tcbg Check it out and receive a $50 off coupon just by looking at their informative PDF!Key Takeaways:Embrace Failure as a Teacher: Every failure is a valuable part of the trading journey and a fundamental to understanding for a trader.Diversification is Key: Diversifying well is the most important thing you can do to reduce risk without reducing return, and is the cornerstone of Dalio's holy grail strategy.Systematize Your Thinking: If you can't write your strategy down as a system or set of principles, you probably don't understand it..Push Your Limits: If you're not failing, you're not pushing your limits, and you are not maximizing your potential.Episode Breakdown with Timestamps[00:00:00] - Becky introduces the Market Mamas podcast, sharing her trading philosophy and background in US-based Futures Day trading.[00:01:18] - Introducing Ray Dalio: The segment introduces Ray Dalio, a legendary trader and thinker, covering his humble beginnings and education at Harvard.[00:02:39] - The Birth of Bridgewater Associates & Investment Style: Dalio started Bridgewater Associates in 1975 and became a global macro investor trading based on big-picture economic and geopolitical trends.[00:04:12] - The All Weather Portfolio & Diversification: Dalio is a pioneer of the All Weather Portfolio, which uses a specific asset allocation to perform well in any economic climate.[00:07:27] - Radical Transparency and Honesty: Bridgewater is known for its unique culture of radical transparency and honesty, where open and tough feedback is expected among employees.[00:13:45] - The Power of Pushing Limits: Becky highlights Dalio's belief that "If you're not failing, you're not pushing your limits," advocating for measured experimentation and leverage for growth.[00:16:35] - Open-Mindedness and Overconfidence: Dalio's wisdom stresses open-mindedness and curiosity, warning that overconfidence can lead to failure.[00:20:46] - Wrap-up and Outro: The host wraps up the segment by thanking listeners and encouraging them to stay curious and diversified.🔗 More from Market Mamas: 👉 Website: www.market-mamas.com 👉 LinkedIn: https://www.linkedin.com/in/becky-gaskell-market-mamas/ 👉 Instagram: @mm_marketmamas 👉 Facebook: Market Mamas Facebook 👉 TikTok: Market Mamas on TikTok 👉 Email: contactus@market-mamas.com#RayDalio #BridgewaterAssociates #AllWeatherPortfolio #TradingPrinciples #GlobalMacro #RiskManagement #HedgeFund #MarketMamas #FuturesTrader #DayTrader #TradingStrategy #TraderLife #StockMarket #LearningfromLegends

Download Becky's custom trading audio tracks for free and start mastering the mental game to stay focused, grounded, and in control.👉 https://www.market-mamas.com/audio-tracks-download —------------------------------------In this engaging conversation on the Market Mamas Trader Psychology podcast with host Becky Gaskell, Joy Charitoo shares her journey as a trader and entrepreneur, emphasizing the importance of emotional resilience, community support, and mindset in trading. The discussion covers the challenges traders face, the impact of social media, and the significance of self-care and grounding practices. Joy, aka Your Forex Bestie, encourages aspiring traders to keep going despite setbacks and highlights the need for a supportive trading community. The episode concludes with empowering advice for traders to believe in themselves and their systems, reminding listeners that trading is as much about personal growth as it is about financial success.👉 Love the show? You can now support Becky by buying her a coffee! https://buymeacoffee.com/marketmamas👉 Bulenox Trader Funding: https://bulenox.com/ Coupon Code: MMAMASThis code will get you their best available deal at any given time, even up to 91% off frequently👉  If you find that now is your time to upgrade your trading setup, I highly recommend this incredible resource from a leader in trading computers. https://www.tradingcomputerbuyersguide.com/market-mamas-eztc-tcbg Check it out and receive a $50 off coupon just by looking at their informative PDF!Key Takeaways:Trading is a journey that involves learning and growth.Emotions play a significant role in trading decisions.Having a support system is crucial for success in trading.Social media can impact traders' perceptions and mental health.It's important to find a trading community that aligns with your values.Mindset and psychology are key components of successful trading.Taking breaks from trading can help maintain mental clarity.It's okay to experience setbacks; they are part of the journey.Building confidence in your trading system takes time and practice.Self-care and grounding practices can enhance trading performance.Episode Breakdown with Timestamps: 00:00 Introduction to Trading Journeys02:47 The Path to Becoming a Trader05:47 Navigating Emotions in Trading09:00 Overcoming Challenges and Setbacks11:45 The Role of Support Systems14:49 Building a Trading Community17:39 The Impact of Social Media on Trading19:58 Finding Balance in Trading and Life21:37 The Importance of Mindset in Trading24:45 Advice for Aspiring Traders27:21 The Journey of Self-Discovery in Trading30:35 Final Thoughts and Encouragement🔗 Follow Joy Charitoo, Your Forex Bestie here:👉 Instagram: https://www.instagram.com/joycharitoo👉 TikTok: https://www.tiktok.com/@your_forexbestie🔗 More from Market Mamas: 👉 Website: www.market-mamas.com 👉 Instagram: @mm_marketmamas 👉 Facebook: Market Mamas Facebook 👉 TikTok: Market Mamas on TikTok 👉 Email: contactus@market-mamas.com#MarketMamas #ForexTrader #TraderJourney #DayTrading #RiskManagement #FuturesTrading #TradingTips #TraderLife #TraderPsychology #Forex #Resilience #FaithoverFear

Download Becky's custom trading audio tracks for free and start mastering the mental game to stay focused, grounded, and in control.👉 https://www.market-mamas.com/audio-tracks-download —------------------------------------In this episode of Market Mamas, host Becky Gaskell explains how mindset, energy, and the Law of Attraction influence your day trading journey and outcomes. While the concept may sound overly spiritual, Becky explains how it realistically impacts your trading mindset, decision-making, and emotional state related to your business as a trader. It's not about manifesting wins but about creating the optimal mindset that allows traders to stick to their systems, stay disciplined, and manage losses effectively. Join Becky today as she reviews how she always strives to manage her vibe daily for greater success as one part of a powerful trading approach. 👉 Love the show? You can now support Becky by buying her a coffee! https://buymeacoffee.com/marketmamas👉 Bulenox Trader Funding: https://bulenox.com/ Coupon Code: MMAMASThis code will get you their best available deal at any given time, even up to 91% off frequently!👉 If you find that now is your time to upgrade your trading setup, I highly recommend this incredible resource from a leader in trading computers. https://www.tradingcomputerbuyersguide.com/market-mamas-eztc-tcbgCheck it out and receive a $50 off coupon just by looking at their informative PDF!Key Takeaways:- Begin each day by visualizing yourself executing your system with confidence, calm, and focus.- Stay grounded and follow your system’s rules—avoid emotional swings.- After your trading session, reflect and be grateful, focusing on the process, not just the outcome.- Use affirmations to reinforce your mindset—focus on being the growing dedicated trader you are today, not just imagining your future grandiose success.- Recognize the importance of emotional self-regulation in the face of wins and losses.Episode Breakdown with Timestamps:[00:00:00] - Introduction to the Law of Attraction in Trading - Becky discusses how mindset and emotional state affect trading. It’s not about manifesting magical wins but creating a mental state that attracts consistency and discipline.[00:04:07] - Mindset in Trading - Becky discusses how a confident, calm mindset aids traders in staying patient, avoiding FOMO, and making thoughtful decisions. The right energy is key to long-term success.[00:07:47] - The Importance of Education & Mentorship - Becky talks about the necessity of studying, journaling trades, and learning from mentors. Relying solely on positive energy without solid systems and skills is a dangerous approach.[00:13:07] - Journaling and Reflecting on Your Day - The importance of journaling trades and acknowledging the effort put into executing your trading process, regardless of whether you win or lose.[00:17:20] - Visualizing Your Ideal Trading Self - Becky encourages listeners to visualize themselves as calm, focused traders who execute their system. The importance of aligning your mindset with your trading goals.[00:22:13] - Finding What Works for You - Suggestions on what to do when you’re stuck in a low-vibration state, including taking a break, engaging with loved ones, or reconnecting with nature.🔗 More from Market Mamas: 👉 Website: www.market-mamas.com 👉 LinkedIn: https://www.linkedin.com/in/becky-gaskell-market-mamas/ 👉 Instagram: @mm_marketmamas 👉 Facebook: Market Mamas Facebook 👉 TikTok: Market Mamas on TikTok 👉 Email: contactus@market-mamas.com#DayTradingMindset #LawOfAttraction #TradingPsychology #TraderMindset #HighVibesTrading #ConsistencyInTrading #EmotionalDiscipline #GratitudeInTrading #MarketMamas #FuturesTrader #ConsistentlyProfitable #TraderLife #TradingHack

Download Becky's custom trading audio tracks for free and start mastering the mental game to stay focused, grounded, and in control.👉 https://www.market-mamas.com/audio-tracks-download —------------------------------------In this episode of Market Mamas, host Becky Gaskell interviews Chinonso, a Nigerian-based trader with years of experience trading forex. This conversation explores Chinonso's trading journey, his evolution from trading based on emotion to developing a robust strategy, and his advice for new traders.👉 Love the show? You can now support Becky by buying her a coffee! https://buymeacoffee.com/marketmamas👉 Bulenox Trader Funding: https://bulenox.com/ Coupon Code: MMAMASThis code will get you their best available deal at any given time, even up to 91% off frequently👉 If you find that now is your time to upgrade your trading setup, I highly recommend this incredible resource from a leader in trading computers. https://www.tradingcomputerbuyersguide.com/market-mamas-eztc-tcbgCheck it out and receive a $50 off coupon just by looking at their informative PDF!Key Takeaways:- Chinonso's Trading Journey: He was inspired by online advertisements but nearly quit after a series of losses before finding a key mentor.- Building a Sustainable Strategy: A successful strategy must be refined through different market cycles, and a trader must be able to adapt and evolve.- The Importance of Reading: Reading books like The Psychology of Money and Trading in the Zone helps fast-track a trader's growth.- Discipline and Breaks: Discipline in all aspects of life is crucial for a consistent mindset, and taking breaks helps avoid frustration and emotional decisions.Episode Breakdown with Timestamps:[00:00:00] - Becky introduces the guest, Chinonso, a forex trader from Nigeria.[00:04:18] - Chinonso shares his trading journey, from being inspired by advertisements to nearly quitting.[00:07:16] - Chinonso explains how he went from emotional, random trading to developing his own strategy.[00:09:44] - The discussion covers the need for adaptability and the idea of "evolve or die" in the dynamic market.[00:12:11] - Chinonso explains why he believes counter-trend trading is very risky.[00:16:10] - The conversation shifts to the importance of reading books and how it helped Chinonso.[00:24:27] - Chinonso discusses his use of exercise and breaks to maintain a healthy mental state.[00:28:40] - Chinonso gives his final advice to early traders, encouraging them to start small and compound profits instead of "going all in."[00:51:59] - Final Thoughts🔗 Follow Chinonso here:👉 X: https: //x.com/DEGOVERNOR1001?s=09👉 LinkedIn: https://www.linkedin.com/in/chinonso-madubuike-892203252/🔗 More from Market Mamas: 👉 Website: www.market-mamas.com 👉 LinkedIn: https://www.linkedin.com/in/becky-gaskell-market-mamas/ 👉 Instagram: @mm_marketmamas 👉 Facebook: Market Mamas Facebook 👉 TikTok: Market Mamas on TikTok 👉 Email: contactus@market-mamas.com#Trading #ForexTrading #Mindset #TraderMindset #MarketMamasPodcast #TradingPsychology #TradingStrategy #TraderLifestyle #MarketMamas #FuturesTrader #PropTrader #TraderLife #TraderJourney #TraderTips

Download Becky's custom trading audio tracks for free and start mastering the mental game to stay focused, grounded, and in control.👉 https://www.market-mamas.com/audio-tracks-download —------------------------------------In this episode of the Market Mamas podcast, host Becky Gaskell talks to her good friend and fellow day trader, Peter Ku, about the two most critical aspects of day trading: strategy and psychology. Peter, a corporate lawyer as well as a day trader, discusses his journey and the key lessons he's learned over the years. The conversation highlights the importance of creating a highly specific and replicable trading plan and the deep inner psychological work, including "inner child work," necessary for consistent profitability.👉 Love the show? You can now support Becky by buying her a coffee! https://buymeacoffee.com/marketmamas👉 Bulenox Trader Funding: https://bulenox.com/ Coupon Code: MMAMASThis code will get you their best available deal at any given time, even up to 91% off frequently👉 If you find that now is your time to upgrade your trading setup, I highly recommend this incredible resource from a leader in trading computers. https://www.tradingcomputerbuyersguide.com/market-mamas-eztc-tcbg Check it out and receive a $50 off coupon just by looking at their informative PDF!Key Takeaways:-Why having a highly specific and defined trading strategy is crucial to avoid a "gambling mindset."-Understanding market conditions - imbalanced, rotational, or trending - is the first step to applying a trading setup.-The importance of a "protective stop" and "hard rules" to keep you safe when real money is on the line.-Why trading is 99% psychology and how the emotional triggers of a losing trade can mirror past traumas.-The practice of "inner child work" and "relationship hygiene" creates a safe space for trading and personal growth.Episode Breakdown with Timestamps[00:00:00] Opening Thoughts and Intro[00:03:07] The two main topics: trading strategy and psychology.[00:04:14] The importance of having a highly specific and defined trading strategy.[00:05:24] A detailed breakdown of Peter's "rhythm trade" setup.[00:18:34] Peter states that psychology is 99% of the equation for profitable trading.[00:20:25] The profound nature of "inner child work" and its connection to trading.[00:25:59] The role of "relationship hygiene" and a supportive environment.[00:31:56] Peter shares his morning routine for addressing his inner child.[00:36:38] Peter discusses AI and job uncertainty, and the value of trading as a skill for the future.🔗 More from Market Mamas: 👉 Website: www.market-mamas.com 👉 LinkedIn: https://www.linkedin.com/in/becky-gaskell-market-mamas/ 👉 Instagram: @mm_marketmamas 👉 Facebook: Market Mamas Facebook 👉 TikTok: Market Mamas on TikTok 👉 Email: contactus@market-mamas.com#TradingPsychology #DayTradingMindset #TraderLifestyle #EmotionalDiscipline #InnerChildWork #TradingStrategy #MindsetMatters #MarketMamasPodcast #disciplinedtrader #traderlife #tradermindset #traderpsychology #futurestrader #riskmanagement

Download Becky's custom trading audio tracks for free and start mastering the mental game to stay focused, grounded, and in control.👉 https://www.market-mamas.com/audio-tracks-download —------------------------------------In this emotionally raw and honest podcast episode, Becky Gaskell, the host of Market Mamas, takes listeners through a rough trading day - one filled with challenges, psychological setbacks, and powerful reflections. Instead of following her planned interview, she shares her personal experience from a tough session in the futures market. This episode offers an unfiltered look into the emotional and psychological hurdles that traders face, even for the well-prepared and experienced. It’s a reminder that trading success isn't linear, and growth comes from showing up - even on the red days.👉 Love the show? You can now support Becky by buying her a coffee! https://buymeacoffee.com/marketmamas👉 Bulenox Trader Funding: https://bulenox.com/ Coupon Code: MMAMASThis code will get you their best available deal at any given time, even up to 91% off frequently!If you find that now is your time to upgrade your trading setup, I highly recommend this incredible resource from a leader in trading computers. 👉 https://www.tradingcomputerbuyersguid Check it out and receive a $50 off coupon just by looking at their informative PDF!Key Takeaways:-The emotional impact of red trading days and how to process them.-The importance of self-compassion and balance in a trading lifestyle.-Common psychological traps like revenge trading and fixed mindset thinking.-Why consistent journaling, mentorship, and community support are crucial for traders.-How to reframe trading setbacks as growth opportunities rather than failures.Episode Breakdown with Timestamps[00:00:00] - Introduction & Mindful Trading Tip - Becky opens the episode with a reminder about the importance of mindfulness and shares a free audio resource for traders.[00:03:01] - The Technical Setup & Market Misreads - Details on her market bias, trade entries, and where things started to go wrong.[00:05:04] - Common Trader Hurdles: Revenge Trading & Profit FOMO - A vulnerable look at the emotional habits that challenge her ability to hold trades or accept red ones.[00:09:20] - Why She Still Loves Trading Despite the Pain - Becky shares the fulfilling aspects of trading and the community she’s built around it.[00:12:44] - The Power of Trader Support Networks - How a friend helped pull her out of a negative spiral and reminded her of her worth and progress.[00:15:40] - Balancing Life and Trading - Why embracing family moments matters as much as - or more than - the day's P&L.[00:17:26] - Final Thoughts: Growth Through Red Days - Becky closes with encouragement for fellow traders: keep pushing, stay grounded, and give yourself grace.🔗 Host LinkedIn: 👉 Becky Gaskell - https://www.linkedin.com/in/becky-gaskell-market-mamas/🔗 More from Market Mamas: 👉 Website: https://www.market-mamas.com/👉 MM Merch Store: www.market-mamas.com/mm-merch👉 Instagram: https://www.instagram.com/mm_marketmamas👉 Facebook: https://www.facebook.com/profile.php?id=61551100341049&mibextid=b06tZ0👉 TikTok: https://tiktok.com/@market.mamas👉 Email: contactus@market-mamas.com#DayTrading #TraderMindset #FuturesTrading #TradingPsychology #WomenInTrading #MarketMamas #RedDayRecovery #MindfulTrading #traderlife #redday #lessonslearned #growthmindset #daytrader #traderlife #redday #lessonslearned #growthmindset #daytrader #traderjourney

Download Becky's custom trading audio tracks for free and start mastering the mental game to stay focused, grounded, and in control.👉 https://www.market-mamas.com/audio-tracks-download —------------------------------------In this episode of the Market Mamas, host Becky Gaskell goes deep into the emotional and psychological side of trading with guest Alex Morgan, a UK-based trader and performance mindset coach. With over a decade of trading experience across forex, gambling markets, and longer-term investing, Alex brings valuable insights into how emotional triggers, habits, and personal development can make or break a trader’s journey. This conversation explores how to manage emotions, develop routines, and approach trading as both a performance discipline and a path to personal growth.👉 Love the show? You can now support Becky by buying her a coffee! https://buymeacoffee.com/marketmamas—------------------------------------👉 Bulenox Trader Funding: https://bulenox.com/ Coupon Code: MMAMASThis code will get you their best available deal at any given time, even up to 91% off frequently👉 Special Offer: Mention “Market Mamas” when booking a 10 session coaching package with Alex to receive 10% off!👉 If you find that now is your time to upgrade your trading setup, I highly recommend this incredible resource from a leader in trading computers. https://www.tradingcomputerbuyersguide.com/market-mamas-eztc-tcbg Check it out and receive a $50 off coupon just by looking at their informative PDF!Key Takeaways:- Why emotional triggers from your past can sabotage your trading performance.- The importance of pre- and post-market routines for consistent execution.- How to cultivate emotional neutrality—avoiding both over-celebrating wins and overreacting to losses.- Why lifestyle factors like sleep, exercise, and meditation directly impact trading outcomes.- How to build trading longevity without burning out or becoming financially overdependent on trading.Episode Breakdown with Timestamps[00:00:00] Opening Thoughts on Trading’s Failure Rate[00:02:20] Alex’s Trading Journey - From forex to gambling markets, Alex shares his diverse trading background.[00:04:37] Underestimating the Work Behind Trading - The myth of “just find a strategy” vs. the reality of making it your own.[00:08:00] Neutrality in Trading - Why treating wins and losses equally is key, and practical analogies.[00:10:30] Coaching Insights: Emotional Triggers - Childhood memories, subconscious programs to reduce emotional reactivity.[00:19:19] The Power of Pre- and Post-Market Routines - Preparing for peak performance and transitioning back to everyday life.[00:28:29] How Trading Improves Life Beyond the Charts - Using trading as a mirror for personal growth.[00:37:24] Starting Meditation for Traders - Alex’s step-by-step advice for building a sustainable meditation habit.[00:43:48] Flow State & Focus - Avoiding multitasking and daydreaming, and structuring your environment.[00:51:36] Closing Thoughts & Accessing Alex’s Coaching - Final insights on emotional work in trading and how to connect with Alex.🔗 Follow Alex Morgan here:👉 X: https://x.com/alexmorgan1923👉 LinkedIn: https://www.linkedin.com/in/alex-morgan-performance/🔗 More from Market Mamas: 👉 Website: www.market-mamas.com 👉 LinkedIn: https://www.linkedin.com/in/becky-gaskell-market-mamas/ 👉 Instagram: @mm_marketmamas 👉 Facebook: Market Mamas Facebook 👉 TikTok: Market Mamas on TikTok 👉 Email: contactus@market-mamas.com#TradingPsychology #DayTradingMindset #TraderLifestyle #EmotionalDiscipline #FuturesTrading #MindsetMatters #MarketMamasPodcast #PeakPerformanceTrading #marketmamas #disciplinedtrader #traderlife #traderpsychology #longtermgoals #daytrader #tradingstrategy

Download Becky's custom trading audio tracks for free and start mastering the mental game to stay focused, grounded, and in control.👉 https://www.market-mamas.com/audio-tracks-download —------------------------------------In this must read book recommendation episode from the Market Mamas Podcast, host Becky Gaskell goes deep into Annie Duke’s Thinking in Bets, a Wall Street Journal bestseller that draws powerful parallels between poker and trading. The conversation centers on improving decision-making under uncertainty, separating process from results, and cultivating a mindset for long-term trading success. Through personal reflections and practical takeaways, Becky translates Duke’s poker strategies into actionable insights for futures day traders. Annie Duke is a former professional poker player who rose to the top of the game, winning millions in tournament earnings, including a World Series of Poker bracelet and the 2004 NBC National Heads-Up Poker Championship. Known for her sharp analytical mind, she transitioned from the poker table to the world of decision science, becoming a sought-after speaker, consultant, and author.📙 Get the book “Thinking in Bets” for yourself: https://amzn.to/4m36kEX👉 To join Becky in her Audible obsession, sign up!!! http://www.audibletrial.com/marketmamas  Audible offers one of the most comprehensive selections of titles available, and it’s incredibly easy to use. Becky personally listens every day to content that inspires, educates, and adds real value to her trading journey.Bulenox Trader Funding: https://bulenox.com/ Coupon Code: MMAMASThis code will get you their best available deal at any given time, even up to 91% off frequently!Key Takeaways:Why resulting - judging decisions by outcomes can be dangerous for traders.How to adopt a probability-based mindset to make better trading choices.The value of truth-seeking and accountability groups in sharpening skills.How emotional neutrality can protect your mental capital as much as your trading capital.Practical tools like backcasting and pre-mortems to strengthen long-term performance.Episode Breakdown with Timestamps[00:00:00] Opening & Trading Mindfulness - Becky opens with a reflection on the difference between experience and learning, plus a free audio resource for mindful trading.[00:02:45] Emotional Impact of Wins & Losses - The science behind why losses hurt more, and why aiming for neutrality matters.[00:08:32] Truth-Seeking Over Bias - Staying flexible as market data changes, and avoiding the trap of defending your initial bias.[00:14:05] Learning from Every Trade - Journaling, peer review, and turning trades into compound learning experiences.[00:17:30] The Comparison Trap - How benchmarking yourself against peers can harm your trading mindset.[00:24:16] Planning & Calibrating Decisions - The dangers of overconfidence and the importance of trade plans.[00:27:30] Backcasting for Long-Term Goals - Visualizing future success and mapping backward to daily actions.[00:29:07] Closing Quote & Takeaway - Annie Duke’s final wisdom on navigating uncertainty in life and trading.🔗 Host LinkedIn: 👉 Becky Gaskell - https://www.linkedin.com/in/becky-gaskell-market-mamas/🔗 More from Market Mamas: 👉 Website: https://www.market-mamas.com/👉 MM Merch Store: www.market-mamas.com/mm-merch👉 Instagram: https://www.instagram.com/mm_marketmamas👉 Facebook: https://www.facebook.com/profile.php?id=61551100341049&mibextid=b06tZ0👉 TikTok: https://tiktok.com/@market.mamas👉 Email: contactus@market-mamas.com#TradingMindset #FuturesTrading #DayTradingTips #ThinkingInBets #AnnieDuke #TraderEducation #MindfulTrading #ProcessOverOutcome #StockMarketMindset #riskmanagement #growthmindset #successhacks

Download Becky's custom trading audio tracks for free and start mastering the mental game to stay focused, grounded, and in control.👉 https://www.market-mamas.com/audio-tracks-download —------------------------------------In this episode, host Becky takes listeners through a day in her life as a futures day trader. She reflects on the emotional and psychological hurdles that come with trading, especially around hesitation and fear. Through a detailed recount of her day’s trades, she shares insights on accepting risk, managing trades, and embracing the ups and downs of the market. The episode provides a candid look at what it’s like to navigate the fast-paced world of futures day trading while balancing personal life and growth as a trader.Bulenox Trader Funding: https://bulenox.com/ Coupon Code: MMAMASThis code will get you their best available deal at any given time, even up to 91% off frequently!If you find that now is your time to upgrade your trading setup, I highly recommend this incredible resource from a leader in trading computers. 👉 https://www.tradingcomputerbuyersguid Check it out and receive a $50 off coupon just by looking at their informative PDF!Key Takeaways:How to overcome hesitation and fear in day trading and trust your systemThe importance of managing risk and staying calm under pressureHow to handle less-than-ideal trade entries and still make profitable decisionsThe significance of maintaining a peaceful mindset in trading to make clear, rational decisionsThe role of journaling and reflecting on each trade to refine your approach over timeEpisode Breakdown with Timestamps[00:00:00] - Introduction to the Episode - Becky sets the stage for a solo day in the life of a futures day trader, discussing the challenges she faces with hesitation and fear in her trading practice.[00:03:30] - Trading a Market Reversal Setup - Becky recounts a specific trade where she hesitated but still managed to get in after the market hit her pre-determined reversal zone.[00:07:10] - Managing Risk and Protecting Your Account - Becky shares how she adjusted her stop-loss and managed her second contract after exiting her first one for a profit.[00:10:20] - Finding the Next Opportunity - How maintaining a calm and neutral mindset allowed Becky to spot a second trading opportunity after the market moved away from her original position.[00:13:24] - Trade Execution and Taking Profits - Becky shares her gratitude about capturing the second trade to a well-placed target, demonstrating how good execution can lead to consistent wins.[00:18:31] - Closing Thoughts on Trading Psychology - Becky wraps up by reminding listeners that trading is an ongoing learning process, and shares some final advice for traders at any level to stay patient and trust their process.🔗 Host LinkedIn: 👉 Becky Gaskell - https://www.linkedin.com/in/becky-gaskell-market-mamas/🔗 More from Market Mamas: 👉 Website: https://www.market-mamas.com/👉 MM Merch Store: www.market-mamas.com/mm-merch👉 Instagram: https://www.instagram.com/mm_marketmamas👉 Facebook: https://www.facebook.com/profile.php?id=61551100341049&mibextid=b06tZ0👉 TikTok: https://tiktok.com/@market.mamas👉 Email: contactus@market-mamas.com#DayTrading #TradingMindset #FuturesTrading #RiskManagement #TradingPsychology #MarketMamas #LadyTrader #TradingStrategy #TradingTips #Gratitude #TradingCommunity #TraderPsychology #TraderLife #PropTrading

Download Becky's custom trading audio tracks for free and start mastering the mental game to stay focused, grounded, and in control.👉 https://www.market-mamas.com/audio-tracks-download —------------------------------------In this episode, Becky Gaskell chats with Mike Tolbert, a seasoned futures trader and founder of BluSky, a day trading prop firm. Mike shares his unique journey from struggling trader to successful entrepreneur, providing insightful advice on trading psychology, trading strategies, and the importance of building a supportive community. This episode is packed with useful tips and personal stories that highlight the importance of persistence, education, and emotional control in becoming a successful trader. Mike’s candid approach and willingness to share his journey provide valuable insights for both beginners and experienced traders alike.If you find that now is your time to upgrade your trading setup, I highly recommend this incredible resource from a leader in trading computers. https://www.tradingcomputerbuyersguid... Check it out and receive a $50 off coupon just by looking at their informative pdf! Key Takeaways:The importance of trading psychology and managing emotions during losses.How Mike transitioned from penny stocks to futures trading and his approach to each market.The best times to trade for optimal results (9 AM to 11 AM).How to structure your trading process and avoid revenge trading.The benefits of building a supportive community and seeking mentorship in the trading world.Episode Breakdown with Timestamps:[00:00:00] - Introduction: Becky introduces Mike Tolbert and his trading background.[00:02:00] - Mike’s Trading Journey: From penny stocks to futures trading, Mike shares how he got into the world of trading.[00:06:00] - Trading Psychology and Overcoming Challenges: Mike talks about the emotional hurdles of trading and how he learned to manage them.[00:09:30] - The Addictive Nature of Trading and Finding Balance: Discussing the psychological rollercoaster early traders face and how to avoid burnout.[00:14:00] - How to Handle Losses and Revenge Trading: Mike shares his strategies for dealing with losses without letting emotions take over.[00:18:45] - The Power of Mentorship and Education: The role of free mentoring and being part of a supportive trading community.[00:23:30] - Learning Market Structure and the Importance of Simulated Trading: Mike emphasizes the value of understanding market structure and testing strategies through simulation.[00:25:14] - Mike’s Approach to Blue Sky Pro and Helping Traders: Mike shares how he created Blue Sky Pro with a focus on supporting traders.[00:31:45] - Trading Tools and Strategies: Discussing Mike’s approach to visual trading, using Renko charts, and the importance of reading market structure.[00:40:16] - How to Trade Successfully and Build Your Own Trading System: Mike talks about building your personal trading strategy and why you need to trust your process.[00:49:22] - The Importance of Honesty and Support in Trading: Advice on being transparent with your support system about your trading journey and financial decisions.[00:54:00] - Closing Thoughts and Advice for New Traders: Final insights on what it takes to make it in trading and how to overcome the challenges.🔗 Follow Mike Tolbert here:👉 LinkedIn: https://www.linkedin.com/in/mike-tolbert-147b1a206/👉 Website (BlueSky): https://blusky.pro/🔗 More from Market Mamas: 👉 Website: www.market-mamas.com 👉 Instagram: @mm_marketmamas 👉 Facebook: Market Mamas Facebook 👉 TikTok: Market Mamas on TikTok 👉 Email: contactus@market-mamas.com#FuturesTrading #TradingPsychology #DayTrading #MarketStructure #TradingTips #BluSkyPro #TraderCommunity #FinancialFreedom #proptrading #traderpsychology #traderjourney #traderlife #tradingstrategy #futurestrader #traderjourney

Download Becky's custom trading audio tracks for free and start mastering the mental game to stay focused, grounded, and in control.👉 https://www.market-mamas.com/audio-tracks-download —------------------------------------In this powerful episode of Market Mamas, host and futures day trader Becky Gaskell shares an authentically personal and candid reflection on her four-year trading journey. She takes listeners through the emotional rollercoaster of transitioning from a beginner to a consistent and self-aware trader. This episode is a heartfelt narrative on trading psychology, personal growth, and the evolving mindset required to succeed in the high-stakes world of intraday futures trading.Bulenox Trader Funding: https://bulenox.com/ Coupon Code: MMAMASThis code will get you their best available deal at any given time, even up to 91% off frequently!If you find that now is your time to upgrade your trading setup, I highly recommend this incredible resource from a leader in trading computers. 👉 https://www.tradingcomputerbuyersguid Check it out and receive a $50 off coupon just by looking at their informative PDF!Key Takeaways:The emotional highs and lows of the early trading journey.How to identify and manage trading addiction.Why losses are essential for long-term trading growth.The shift from chaotic trading to disciplined strategy execution.The subtle dangers of trading success and overconfidence.Episode Breakdown with Timestamps[00:00:00] - Introduction & Mindful Trading Tools - Becky opens with a note on the emotional intensity of trading and introduces a free audio tool for mindfulness.[00:02:02] - Emotional Swings & Fear vs. Greed - The crushing lows of real-money losses and the psychological pull of greed and fear.[00:05:13] - Lifestyle Changes & Isolation - How trading can take over your life and lead to social withdrawal and personal imbalance.[00:08:10] - The Lowest Low: Turning Point - Learning to take losses, seek support, and the pivotal moment of deciding not to quit.[00:10:51] - Growth Through Balance & Ownership - Transitioning into discipline, self-care, and ownership of trading outcomes.[00:14:43] - Influence, Hindsight, and Support Systems - Identifying valuable trading relationships and learning from past mistakes.[00:18:50] - Progress Over Perfection & Personal Comparison - Embracing your unique journey and managing expectations, especially as a parent-trader.[00:31:26] - Dangers of Success & Staying Grounded - How trading success can breed complacency and why staying vigilant is key.[00:35:08] - Continuous Evolution & Final Reflections - The episode concludes with Becky’s philosophy on lifelong learning and trader self-actualization.🔗 Host LinkedIn: 👉 Becky Gaskell - https://www.linkedin.com/in/becky-gaskell-market-mamas/🔗 More from Market Mamas: 👉 Website: https://www.market-mamas.com/👉 MM Merch Store: www.market-mamas.com/mm-merch👉 Instagram: https://www.instagram.com/mm_marketmamas👉 Facebook: https://www.facebook.com/profile.php?id=61551100341049&mibextid=b06tZ0👉 TikTok: https://tiktok.com/@market.mamas👉 Email: contactus@market-mamas.com🔗 Follow the #TraderJourney #TradingPsychology #FuturesTrading #DayTradingLife #MindfulTrading #ConsistentProfits #WomenInTrading #MarketMamas #PropTrader #TraderLife #LadyTrader

Download Becky's custom trading audio tracks for free and start mastering the mental game to stay focused, grounded, and in control.👉 https://www.market-mamas.com/audio-tracks-download ------------------------------------In this episode of the Market Mamas Podcast, host Becky chats with Caleb Mgbachi, AKA Double Panda, a seasoned trader with over five years of experience, to explore the challenges and rewards of trading. Caleb takes us through his unique journey from crypto trading to his current focus on forex. Throughout the conversation, they discuss the importance of mindset, personal discipline, and strategies that helped Caleb overcome the ups and downs of the trading world. Caleb shares how he got his start in trading after a surprising encounter with cryptocurrency while selling a house in Nigeria. The episode offers practical tips, motivational insights, and personal anecdotes about navigating the volatile nature of the market.Bulenox Trader Funding: https://bulenox.com/ Coupon Link: MMAMASThis code will get you their best available deal at any given time, even up to 91% off frequently!Key Takeaways:Trading Mindset: Caleb highlights the importance of emotional resilience, accepting losses, and learning from mistakes for growth.Forex vs Crypto: He shares his transition from crypto to forex, stressing the importance of choosing a market that aligns with personal preferences and risk tolerance.Signals and Scams: Caleb warns against relying on paid signals and courses that promise quick success, urging traders to avoid scams.Trading Strategy: He emphasizes simplicity in strategies, using regression trends and Fibonacci levels to create effective methods.Patience and Consistency: Caleb advises new traders to commit to a strategy for at least two to three months to understand its performance before making changes.Backtesting: He underscores the value of backtesting and finding a personalized approach that works best for each trader.Episode Breakdown with Timestamps:[00:00:00] - Introduction: Becky introduces Caleb and sets the stage for their conversation on trading and mindset.[00:02:31] - Caleb’s Trading Journey: Caleb explains how he got into trading, starting with his first encounter with Bitcoin in 2017 and his eventual transition into forex.[00:06:36] - The Crypto to Forex Shift: Caleb talks about moving away from crypto and embracing forex, citing the stability and predictability of the forex market.[00:10:11] - Approaching Financial Independence: The timing of entering the trading world and how it shaped their approach to financial independence.[00:14:09] - The challenges of trading: Trading is not for the faint-hearted, and success requires perseverance through losses.[00:22:01] - Insights into effective trading strategies: A simple, straightforward approach to trading with minimal reliance on multiple indicators can be more effective.[00:27:36] - Avoid signals, learn strategies: The importance of gaining hands-on experience and understanding the market instead of relying on external advice.[01:01:05] - Live trading and community building: The value of engaging directly with a trading community and sharing real-time experiences for mutual growth.🔗 Follow Caleb Mgbachi here:👉 LinkedIn: https://www.linkedin.com/in/caleb-mgbachi-6590a6193/👉 Instagram: https://www.instagram.com/doublepanda_/🔗 More from Market Mamas: 👉 Website: www.market-mamas.com 👉 Instagram: @mm_marketmamas 👉 Facebook: Market Mamas Facebook 👉 TikTok: Market Mamas on TikTok 👉 Email: contactus@market-mamas.com#MarketMamasPodcast #TradingMindset #ForexTrading #CryptoTrading #RiskManagement #TradingStrategy #DayTrading #MindfulTrading #SelfTaughtTrader #TradingPsychology #TraderLife

In this introspective episode, host Becky dives deep into the lesser-talked-about side of trading: the mental game. Drawing from her own journey as a Futures Day Trader, she shares how her biggest breakthroughs didn’t come from refining her technical analysis - but from mastering her mindset. Becky introduces a tool she’s relied on for years - custom-made audio recordings tailored to specific parts of the trading day. These tracks are more than just affirmations; they’re part of a ritual that helps her stay grounded, make smarter decisions, and avoid the psychological traps that can derail even the most seasoned traders. Whether it's the high-energy rush at market open, the tension of managing a live position, or the emotional wind-down after the session, these audio guides help her stay centered, patient, and focused.These tracks are available for download to help you build your own trading rituals. If you've ever felt like your biggest enemy at the charts is you, give a listen, it’s free of cost.https://www.market-mamas.com/audio-tracks-download Bulenox Trader Funding: https://bulenox.com/ Coupon Link: MMAMASThis code will get you their best available deal at any given time, even up to 91% off frequently!🔊 Episode Highlights & Timestamps[00:00:00] – Teaser - Becky explains the origins of her personal trading audio tracks and how they evolved into a powerful mental tool.[00:03:26] – When Technical Skills Aren’t Enough - The moment Becky realized she was the obstacle to her own success, and started doing the inner work.[00:05:00] – Dealing with Volatility & Market Open “Wiggles” - The strategy behind waiting for a cleaner setup rather than reacting emotionally at market open.[00:08:38] – Holding for Target vs. Cutting Too Soon - Why patience pays more than premature exits, and how to maintain faith in your trade.[00:10:05] – Controlling the Narrative in Your Mind - Becky shares how to silence “head trash” and keep your focus on the data and process.[00:12:29] – The Risk of Abandoning Your Process - Why even a great trading plan can fall apart without mental discipline - and how Becky safeguards against that.[00:15:25] – Creating Your Own Mindset Toolkit - Encouragement to build personal audio routines, and how her own outcomes have drastically improved using them.[00:19:32] – Final Thoughts & Resource Link - A reminder that the true edge in trading may just be managing yourself. Download Becky’s three audio tracks from the link in the episode description and start upgrading your own mindset.🔗 Host LinkedIn: 👉 Becky Gaskell - https://www.linkedin.com/in/becky-gaskell-market-mamas/🔗 More from Market Mamas: 👉 Website: https://www.market-mamas.com/👉 MM Merch Store: www.market-mamas.com/mm-merch👉 Instagram: https://www.instagram.com/mm_marketmamas👉 Facebook: https://www.facebook.com/profile.php?id=61551100341049&mibextid=b06tZ0👉 TikTok: https://tiktok.com/@market.mamas👉 Email: contactus@market-mamas.com#MarketMamas #MentalGame #TraderMindset #TradingDiscipline #AffirmationsForTraders #SelfTalk #DayTradingPsychology #TradingRoutine #FuturesTrading #TradingTips #ResilientTrader #ladytrader #traderpsychology #traderlife #tradertips #tradingstrategy #patience