In this episode of the Market Mamas podcast, Kendra shares her reflection for the month of November. Kendra and Becky discuss their experiences with different trading instruments, the importance of accountability, and the development of personal trading plans. They emphasize the significance of understanding market conditions, accepting risk, and the art of losing in trading. The conversation highlights the evolution of their trading strategies, and the lessons learned along the way, ultimately focusing on the mindset required for consistent profitability in day trading.

Key Takeaways:

-Focusing on one trading instrument can lead to mastery.

-Accountability in following a trading plan is crucial for success.

-Understanding market conditions is key to making informed trading decisions.

-Accepting risk and adjusting position sizes can improve trading outcomes.

-Learning to lose gracefully is essential for long-term success in trading.

-Reflecting on past trades can provide valuable insights for future success.

-Consistency in both winning and losing days is important for traders.

Link to the Market Mamas episode mentioned here:

THE IMPORTANCE OF *LOSING TO BE A PROFITABLE TRADER!

https://youtu.be/ZR5WbewbYZw

Best Loser Wins by Tom Hougaard is an important title for all traders when you are ready to really level up with your profitability!

Order your copy today: https://amzn.to/4e08Mbv

To join us in our Audible obsession, sign up!!! http://www.amazon.com/audibleplus

Their titles are seriously the most comprehensive and Audible is very easy to use! We listen literally every day to something or another that adds such value to our journeys. #sponsored

Apex Coupon Link: https://apextraderfunding.com/member/aff/go/travelgoals

Apex Coupon Code: ITWJBGKR

More from Market Mamas:

Blog - https://www.market-mamas.com/ourcontent/december-2024-consistency-work

MM Merch Store - www.market-mamas.com/mm-merch

Instagram - @mm_marketmamas

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

TikTok - @marketmamas

Threads - @mm_marketmamas

Email: [email protected]

#marketmamas #daytrading #psychology #stockmarket #discussion #podcast #resilience #motherhood #daytrader #daytraderlife #futures #nasdaq #entrepreneur #authenticity #transparency #growthmindset #expectations #reality #improvement #trademanagement #riskmanagement #futurestrading #traderpodcast #stockmarket #daytradingpsychology #milestone #newlevel #togetherwesucceed #tradingcoach #tradingcommunity #psychologytips #motivation #neuroplasticity #believeinyourself #faithoverfear #visualization #decision