The Trader's Mindchat Show

Are vague trading definitions costing you more than you realize? In this episode, Mike dives into the hidden dangers of following poorly defined trading strategies and why they keep newer traders stuck in a cycle of frustration and losses. Learn how to create crystal-clear setups, define your trading approach, and focus on what truly drives results.

Key Takeaways:

For even more guidance, check out Mike’s book, The Trading Mindwheel, to master the essential trading skills, or dive into The Trading Success Blueprint to create your personalized trading business plan.

🎧 Hit play now and start building a more focused and profitable trading system.
#TradingTips #TradingMindset #TradingSetups

In today’s Trader’s Mindchat, we dive into the intense market landscape post-election and explore if we’re experiencing euphoria and parabolic moves you should sell into. With major indexes seeing massive price gains, including Tesla’s breakout and the Russell 2000’s strong recovery, it’s time to ask: is this the start of something big or a signal to sell into strength?

Mike addresses key questions from traders on recognizing market cycles, balancing momentum with caution, and making the most of the bullish surge. He highlights the psychology behind these moves, shares his strategy on reading market “moods,” and explains his system for buying strong breakouts while avoiding risky tops. Perfect for both breakout traders and those who prefer pullbacks, this episode unpacks what it means to stay disciplined in euphoric times.

Key Takeaways:

Stay tuned to see where Mike thinks we are in the market cycle, learn how to avoid getting trapped at the top, and hear his thoughts on building lasting trading discipline.

🎧 Subscribe to Trader’s Mindchat for weekly insights and strategies!

#MarketPsychology #TradingStrategy #StockMarketAnalysis #Euphoria

Ever feel like your trading strategy has become a complicated Frankenstein monster? In this episode, Mike explains how trading plans that start simple can spiral out of control. Learn how to simplify your approach, eliminate unnecessary complexity, and refocus on what really works. Mike also shares exercises from his book The MARA Mindshift Guide to help you explore your beliefs and uncover your deeper motivations, key steps to building a sustainable trading mindset.

Key Takeaways:

Find Mike’s ⁠MARA Mindshift Guide⁠ and ⁠The Trading Mind Wheel⁠ on Amazon for more insights!

#SimplifyTrading #TraderMindset #TradingSuccess #FrankensteinStrategy #TradingBeliefs #KeepItSimple #StockMarketTips

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

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Ways to Connect With Me:

Ever feel like your trading strategy has become a complicated Frankenstein monster? In this episode, Mike explains how trading plans that start simple can spiral out of control. Learn how to simplify your approach, eliminate unnecessary complexity, and refocus on what really works. Mike also shares exercises from his book The MARA Mindshift Guide to help you explore your beliefs and uncover your deeper motivations, key steps to building a sustainable trading mindset.

Key Takeaways:

Find Mike’s MARA Mindshift Guide and The Trading Mind Wheel on Amazon for more insights!

#SimplifyTrading #TraderMindset #TradingSuccess #FrankensteinStrategy #TradingBeliefs #KeepItSimple #StockMarketTips

In this episode of Trader's Mindchat, we dive deep into one of the most common challenges for traders: FOMO (Fear of Missing Out). Have you ever jumped into a trade out of fear that you were missing out, only to see things go south? Host Michael shares his personal experience trading Alibaba during its IPO and the crucial lessons learned from navigating FOMO. We explore how emotions like fear can lead to poor decisions, the dangers of system hopping, and practical strategies to stick to your trading plan.

Key Takeaways:

Listen in for actionable insights that will help you develop discipline in your trading and stay on course for long-term success.

🔗 Visit marawealth.com for more resources
#TradingPsychology #FOMO #StockMarket #AlibabaTrade #TradingPlan

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Ways to Connect With Me:

In this episode of the Traders Mindchat Show, host Mike Lamothe shares the strategy and mindset behind his recent 13% account growth in just one day. Mike breaks down a real-life trade on Nvidia, revealing how preparation, analysis, and emotional discipline were key to the success of this short-term swing trade. If you're interested in learning how to manage trades with confidence and execute with precision, this episode offers actionable steps to help you grow your account.

Mike covers key trading strategies including:

Plus, Mike discusses how his personal experiences, coaching, and mindset development shaped his conviction in taking large positions with minimized risk. Learn how you can implement these same techniques in your own trading strategy!

Subscribe for more content on trading psychology and real-world trading strategies, and check out Mike's best-selling books: The Trading Mind Wheel, The Trading Success Blueprint, and The MARA Mindshift Guide. Links in the description.

Join the MARA Wealth community and elevate your trading mindset today!

Books I've Written:

Ways to Connect With Me:

#TradingMindset #GrowthStocks #OptionsTrading #TradingSuccess #RiskManagement #EmotionalDiscipline #TraderTips #StockMarket #SwingTrading

In this episode of the Traders Mindchat Show, host Mike Lamothe dives into the essential mindset behind locking in profits, sticking to your rules, and turning trading mistakes into valuable lessons. If you've ever struggled with balancing the temptation of maximizing gains and the fear of losing what you've earned, this episode is packed with insights for you.

Mike shares actionable strategies on:

Plus, learn about Mike's FREE TradingView indicator that brings the concepts from his book The Trading Mind Wheel to life!

Subscribe for more content on trading psychology and strategy, and check out Mike's best-selling books: The Trading Mind Wheel, The Trading Success Blueprint, and The Marrow Mindshift Guide. Links in the description.

Join the MARA Wealth community today and start mastering your trading mindset!

Books I've Written:

#TradingMindset #ProfitLocking #TradingPsychology #DangerSignals #EmotionalDiscipline #GrowthStocks #StockMarket #TradingSuccess #TraderTips

In this episode of the Trader's Mindchat Show, Mike Lamothe tackles one of the biggest emotional hurdles every trader faces—FOMO (Fear of Missing Out). Learn how to manage that urge to jump in and rebuild your exposure without risking your entire portfolio. Perfect for beginners, this episode dives into the common mistakes traders make when chasing the market and offers practical strategies to trade with confidence. Stick around for the Q&A and live chart breakdowns to spot safer entry points and avoid emotional trading pitfalls!

Struggling to decide when to sell your stock? You're not alone. In this episode of Trader's Mind Chat, we dive deep into the psychology behind trading decisions and explore how fear, greed, and indecision can hold you back. Learn how to combat FOMO (Fear of Missing Out) and take control of your trades by crafting a structured trading business plan. You'll discover actionable strategies to always know what to do, when to do it, and why — even in volatile markets. Tune in to sharpen your trading mindset and strategies!

#StockMarketTips #TradingPsychology #FOMO #TraderMindset #WhenToSell #TradingStrategies #FinancialSuccess