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Have you ever been tempted to jump back into a trade after a loss, hoping to reclaim what was lost? You're not alone—this is a classic pitfall known as revenge trading. In today’s episode, Mike Lamott dives into why revenge trading happens, how to spot the subtle signs, and practical methods to break free from this destructive cycle. Discover actionable tools like the “kill switch” strategy, pattern-interrupting questions, and effective journaling techniques that can turn your trading decisions around. Don’t miss Mike's insights on crafting a disciplined trading mindset and hear real-life trade examples that reveal how sometimes getting “shaken out” can actually be a win. Perfect for traders looking to take their strategy—and mindset—to the next level.
Key Takeaways:
🎧 Join the conversation and upgrade your trading psychology. Subscribe and share your experiences with #TradersMindchat #RevengeTrading #TradingDiscipline #BreakTheCycle
🔗 Visit marawealth.com for more resources
Books I've Written:
Ways to Connect With Me:
5
44 ratings
Have you ever been tempted to jump back into a trade after a loss, hoping to reclaim what was lost? You're not alone—this is a classic pitfall known as revenge trading. In today’s episode, Mike Lamott dives into why revenge trading happens, how to spot the subtle signs, and practical methods to break free from this destructive cycle. Discover actionable tools like the “kill switch” strategy, pattern-interrupting questions, and effective journaling techniques that can turn your trading decisions around. Don’t miss Mike's insights on crafting a disciplined trading mindset and hear real-life trade examples that reveal how sometimes getting “shaken out” can actually be a win. Perfect for traders looking to take their strategy—and mindset—to the next level.
Key Takeaways:
🎧 Join the conversation and upgrade your trading psychology. Subscribe and share your experiences with #TradersMindchat #RevengeTrading #TradingDiscipline #BreakTheCycle
🔗 Visit marawealth.com for more resources
Books I've Written:
Ways to Connect With Me:
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