Market Mamas: Day Trader Psychology

Day Trading FOMC | How I Execute & Manage Risk During this High Volatility Trading Opportunity


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Download Becky's custom trading audio tracks for free and start mastering the mental game to stay focused, grounded, and in control.πŸ‘‰ https://www.market-mamas.com/audio-tracks-download

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In this episode, Becky Gaskell, host of Market Mamas, dives into one of the most volatile events in the financial world: the FOMC. Despite the common advice from trading mentors to "stay away," Becky shares her personal and meticulously researched journey into trading these high-impact days. She reveals how she developed a unique trading system by spending years taking notes and backtesting to find a reliable pattern, including a specific pivot time. This episode is not financial advice, but a raw and honest look at the work, discipline, and passion required to find and master your own trading niche, even in the riskiest of market conditions.


πŸ‘‰ Love the show? You can now support Becky by buying her a coffee!

https://buymeacoffee.com/marketmamas


πŸ‘‰ Bulenox Trader Funding: https://bulenox.com/

Coupon Code: MMAMAS

This 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. πŸ‘‰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:

- FOMC days are high-risk, high-volatility events.

- Backtesting and note-taking are crucial for finding patterns.

- A consistent pivot point can often be found between 11:35 and 11:45 AM PST.

- Always define your risk and use a protective stop-loss.

- Practice on a simulator before risking real capital.

- There is no "holy grail" strategy; stay fluid and flexible.


Episode Breakdown with Timestamps:

[00:00:00] - Stay Present & Flexible: Becky opens the episode with a reminder to remain fluid with market conditions and shares a free audio experience for mindful trading.

[00:04:10] - What is FOMC? A brief explanation of the Federal Open Market Committee and how its interest rate announcements can impact global markets.

[00:09:10] - The Importance of Showing Up for the Work: The episode highlights how showing up and studying patterns allows a trader to see things more clearly over time.

[00:16:02] - The Trader's Niche: This section discusses how Becky's FOMC strategy is a prime example of how traders can find and develop their own unique niche in the market.

[00:17:39] - Chart Example 1: Becky breaks down her specific entry and exit on a June FOMC chart, demonstrating her strategy in action.

[00:25:52] - Chart Example 2: She walks through a second, more recent chart from a July FOMC day, showing how she executed her plan.

[00:32:49] - Final Thoughts on Risk & Profit: Becky concludes her chart analysis with a reminder that managing risk and protecting your account is more important than chasing a profit goal.

[00:35:01] - Call to Action for Aspiring Traders: Her final advice to anyone interested in trading FOMC: backtest, use replay mode, and practice before risking any capital.

[00:38:38] - Live Life to the Fullest: A final, passionate message about living your life, embracing your unique personality, and pursuing your interests with dedication.


πŸ”— Host LinkedIn:

πŸ‘‰ Becky Gaskell - https://www.linkedin.com/in/becky-gaskell-market-mamas/


πŸ”— More from Market Mamas:

πŸ‘‰ Website: https://www.market-mamas.com/

πŸ‘‰ MM Merch Store: www.market-mamas.com/mm-merch

πŸ‘‰ Instagram: https://www.instagram.com/mm_marketmamas

πŸ‘‰ Facebook: https://www.facebook.com/profile.php?id=61551100341049&mibextid=b06tZ0

πŸ‘‰ TikTok: https://tiktok.com/@market.mamas

πŸ‘‰ Email: [email protected]


#DayTrading #TraderMindset #FuturesTrading #TradingPsychology #WomenInTrading #MarketMamas #RedDayRecovery #MindfulTrading #fomc #traderlife #riskmanagement #highvolatility #tradingstrategy

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Market Mamas: Day Trader PsychologyBy Market Mamas with host Becky

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