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 Erika Wasserman, a Certified Financial Therapist (CFT) and expert in financial psychology. The conversation explores the emotional and psychological hurdles that day traders face with money. Erika shares her unique upbringing, which normalized financial discussions, her journey to becoming a CFT, and practical strategies for managing the high-octane emotions of trading the market. 

👉 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: 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. 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

• A Harvard study suggests 90% of financial decisions are emotional and only 10% are logical, which is why managing your mindset is crucial for trading success.

• Traders often feel losses much more intensely than wins, leading to shame and secrecy that negatively impact mental health and trading performance.

• Successful trading requires setting clear, pre-determined boundaries or "guardrails" for wins and losses to prevent emotional decisions like greed or chasing losses.

• Flip the "What Ifs": When facing a drawdown, combat negative "what if" fears by consciously pivoting to positive self-talk 

  
  

Episode Breakdown with Timestamps

[00:01:34] - Introduction of host Becky, the focus on psychological hurdles, and welcoming guest Erika Wasserman, Certified Financial Therapist.

[00:02:44] - Erika's background: How growing up with open financial conversations shaped her career path.

[00:08:24] - The hard truth: 90% of financial decisions are emotional, which is amplified in day trading.

[00:17:23] - Why traders "monkey with" their daily loss limits on trading platforms, and how this sabotages their long-term system.

[00:22:20] - The power of physical breaks (walking away) as a technique to tap back into your logical brain and avoid revenge trading.

[00:24:44] - Advice for handling a drawdown: Changing your mindset by converting negative "what ifs" into positive ones.

[00:54:24] - Erika's book: Conversations with Your Financial Therapist: Stories and Scripts to Grow Your Mindset.

🔗 Follow Guest Erika Wasserman:

👉 Amazon: https://www.amazon.com/stores/YourFinancialTherapist/page/FD6F8578-62D0-4668-B29A-0B3E1729B961?

👉 Website: https://yourfinancialtherapist.com/

👉 Instagram: https://www.instagram.com/yourfinancialtherapist/

🔗 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: [email protected]

#financialpsychology #daytradingmindset #tradingpsychology #lossprevention #financialtherapy #riskmanagement #emotionalliteracy #marketmamas #tradingstrategy #daytrader #tradermindset #traderlife

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: 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. 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: [email protected]

#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: 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. 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: [email protected]

🔗 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: [email protected]

#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: 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. 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: [email protected]

#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: 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. 

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 Journeys

02:47 The Path to Becoming a Trader

05:47 Navigating Emotions in Trading

09:00 Overcoming Challenges and Setbacks

11:45 The Role of Support Systems

14:49 Building a Trading Community

17:39 The Impact of Social Media on Trading

19:58 Finding Balance in Trading and Life

21:37 The Importance of Mindset in Trading

24:45 Advice for Aspiring Traders

27:21 The Journey of Self-Discovery in Trading

30:35 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: [email protected]

#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: 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. 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:

- 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: [email protected]

#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: 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. 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:

- 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: [email protected]

#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, 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.

👉 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: 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. 👉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.

🔗 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: [email protected]

#DayTrading #TraderMindset #FuturesTrading #TradingPsychology #WomenInTrading #MarketMamas #RedDayRecovery #MindfulTrading #fomc #traderlife #riskmanagement #highvolatility #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 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: 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. 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: [email protected]

#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: [email protected]#DayTrading #TraderMindset #FuturesTrading #TradingPsychology #WomenInTrading #MarketMamas #RedDayRecovery #MindfulTrading #traderlife #redday #lessonslearned #growthmindset #daytrader #traderlife #redday #lessonslearned #growthmindset #daytrader #traderjourney