This isn't unique to trading, but isolation has been a huge issue during this pandemic...and more so now for traders which is generally a solo profession or hobby.  In today’s interview with special guest Men’s Health contributing author and journalist Jacob Baynham, we will discuss ways to combat that feeling and break out of the trading isolation cycle.  

In today’s “Trader’s Mindchat Show” podcast episode, Mike & Melissa discuss: 1) How to focus on the value of friendships in order to strive for self-improvement and stay profitable in the market 2) To not let the pandemic drive us to insanity trading solo & actionable strategies to help fight the feeling of loneliness!   3) Connection is key and we will discuss creative ways to connect with people who have like-minded trading values and philosophies…and even with people who help you think outside the box.

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• Website: https://marawealth.com

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In today’s episode Mike & Melissa chat with trading legend Jim Roppel, a successful hedge fund manager who built his career mastering the art of buying and holding monster stocks.

Mike and Melissa ramp up for the interview by discussing Napoleon Hill’s groundbreaking book “Think and Grow Rich” and how to apply these tactics to prep for your trading day.

In today’s episode you’ll learn:

1. Tips on how to become a successful trader, especially when the market is in chaos

2. What Jim thinks about the current market and how to play the long game by managing risk and reward.

3. How best to prep for your trading day, week and month ahead and Jim’s hedging strategies to hold for the big move.

4. Plus More…

Jim has been featured in books “How Legendary Traders Made Millions” and “Monster Stocks” by John Boik as well as “How to Make Money in Stocks, Success Stories” by Amy Smith. Jim also has launched a webinar coaching service with our good friend Adam Sarhan called https://www.growthstockmentor.com/.

We are so happy to have Jim back on the Trader’s Mindchat Show!

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IN TODAY’S TRADER’S MINDCHAT EPISODE, YOU’LL JUMPSTART YOUR TRADING SUCCESS!

In today’s episode Mike & Melissa discuss:

1. How to go from being a Professional Poker Player to a Trader, with special guest Moritz Czubatinski, the co-founder of Tradeciety (https://tradeciety.com), PatternAlpha (https://patternalpha.com/) and the Edgewonk Trading Journal (https://edgewonk.com/)

2. How having a Poker Player mindset can correlate with trading success.

3. Finding clarity about what you want from trading& designing your system around your WHY and then focus on ONLY that.

4. Learn about the future of trading with AI-assisted trading and automating processes to free up brain space

5. Plus More!

Connect with us on:

• Website: https://marawealth.com

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Today, Mike and Melissa chat about mindset and the awareness of money beliefs and where they stem from.  They also explore the ever growing issue of the financial literacy gap and how students can better prepare themselves for their financial future, with special guest Alan Chen.    

Alan Chen graduated from Baruch College in 2017 and set out to improve his financial literacy after landing a full-time job after graduation.  He became something of an armchair expert from everything from Roth IRAs to mutual funds, etc. and to share his knowledge, he created a blog TomoonFund.com, hosting free seminars and webinars for Baruch students and recent graduates.  He hopes his blog and workshops will help fill the financial-literacy knowledge gap he believes is too prevalent in U.S. education, especially for individuals from low income families.

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• Website: https://marawealth.com

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• YouTube: https://www.youtube.com/marawealth

Do you want to know how to trade part-time while managing a full-time career and family? How to research and invest in young innovative growth companies and crypto? On today’s episode of the Trader’s Mindchat Show, Mike and Melissa interview Chris Perruna, who has mastered the balancing act of trading part-time while juggling a full-time career and family life. They dive deep into trading part-time, Bitcoin, and the screening techniques to great trading ideas and more.

Also, Mike and Melissa discuss the 3 key ways you can successfully trade part-time and also review the top 10 Trading Highlights inspired by their interview with Chris!

Connect with us on:

• Website: https://marawealth.com

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Do you want to know how to overcome emotional trading? How to prevent fear and greed from sucking your account dry? In today’s Trader’s Mindchat Show, Mike and Melissa interview Tradeciety and Edgewonk co-founder Rolf Schlotmann and dive deep into learning key trading habits to keep the ego out of trading and help ensure long-term success.

Also, Mike and Melissa compare Rolf’s journey with Robin Sharma’s book “The Monk Who Sold His Ferrari” and discuss important factors that create a more present state of mind when goal setting. Also, they tackle Investing Mastermind Warren Buffett’s 5/25 Rule and debate how to apply this rule and how to narrow down from your list of 25 goals to the five you feel most passionate about. Then they help give actionable ways to create a roadmap on reaching them.

Click here to try out EdgeWonk: https://edgewonk.com/?ref=11  Use code 'mara' for a discount

Top Ten Highights from our TMC Interview with Rolf Schlotmann:

1) #1 Predictor for success is curiosity. Try out new things, have passions outside of trading.

2) Most people chase big dreams but what you need to do is create your perfect average day. Do following exercise: think about what you need for your perfect average day. The simple moments. Having breakfast with your kids, what type of business are you running, are the people you are interacting with healthy and stimulating. Food you eat. This exercise will show that you already have the perfect day within reach and you don’t need millions in bank account to reach it. Motivating and inspiring.

3) Don’t let trading results correlate with your self-worth. Many traders who have a bad trading day will take it out on themselves, people they interact with, and have a negative impact on their day.

4) Have the beginner mindset. Nice to not be in expert or teacher mode. When starting something new it is stimulating your creativity and challenges you.

5) Take the emotions out of trading by thinking, what emotions are coming up and what did I just do to cause that? Break my rules, too much risk, etc.

6) Don’t have distractions when trading. Listen to yourself. We have become so detached from ourselves that we lose the connection with ourselves not just in trading but in our life.

7) Meditation doesn’t have to just be in a small room. Read Arnold Schwarzenegger’s biography that meditation can be during a workout, or however you are able to bring mindfulness and awareness into your daily life. You don’t just meditate for five minutes and cross it off the list for the day.

8) The inner voice can sometimes be harsh “recommends Napoleon Hill’s book “Outwitting the Devil.”  The inner voice isn’t always telling the truth so important to identify it and rise above it.

9) Stopped drinking coffee before trading, since a stimulant and creating more inner turmoil. You don’t need that when you are doing a mental activity against yourself.

10)  You need trading rules and have discipline. But ok to introduce something new or change a variable. Explore and help make it exciting and fun. Introduce one new thing at a time (i.e. setting a new stop loss) and do it for 30 trades. Then analyze the results.

Do you want to find out how to find and hold Big Leading Stocks for Capital Gain? We recently interviewed market expert and founder of FindLeadingStocks.com, Adam Sarhan. Adam will discuss his 4-step process to choosing the best stocks to trade for optimal profits and will teach you the best kept secrets that top traders utilize when choosing the big leading stocks for their stock portfolio.

Also, as a prelude to the interview, Trader’s Mindchat Show hosts Mike and Melissa Lamothe dive deep into how to take control of your money and how to take the fear out of trading to win.

Here are the Top Highlights from our Interview with Adam Sarhan:

1. Persevere. Learn from your mistakes

2. Anybody can play. Anybody can compete. Anybody can win! There are an infinite number of ways to make money in the stock market. You have to find the right way for you.

3. Fundamental analysis + technical analysis + psychological analysis = winning formula

4. Show Up! Bring Your A-Game!

5. Secret sauce of finding leading stocks is to find the big growth stocks (filter out the noise and focus on the strongest stocks in the market by eliminating the junk). Just like in sports, focus on the top teams in the division.

6. Subconscious mind is Goofy Disney character. Make sure it’s simple enough for Goofy to even understand.

7. Making money is simple. Cash flow in and cash flow out. Simple, yet for many it’s difficult to implement.

8. If Person A has a map and Person B. has passion yet no plan, who do you think will get to their destination first?

9. AMPD stands for Advanced Early Entry Points. Market Conditions, Psychological Analysis (make rational not emotional decisions) and Defense First.

10. You need someone to help you see your blind spots. Put up guardrails to help you from getting distracted.

Want to try out Adam's FindLeadingStocks.com service? Use coupon code 'mara' and get 10% off!

If you win the morning, you can win the day! Join Mike and Melissa as they discuss building a morning routine for trading success. They will discuss priming yourself, gratitude/meditation and wellness exercises, and how to surround yourself with positivity.

They will also dive deep into when to listen to the news and how it should play a role in your trading. Also be sure to stay tuned till the end where they leave you with three key ways to start building positivity into your trading routine today!

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• Instagram: https://www.instagram.com/michaelglamothe

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• Website: https://marawealth.com

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Thank you for listening – Now Take What You’ve Learned and Run With It! :)

New Year, new show! As we embark upon the New Year, trading resolutions may feel far-reaching and impossible, but in today’s episode, Mike & Melissa discuss ways to make those resolutions become a reality.  Also, learn the best way to play offense and defense with your trades. with special guest, 25-year equity trading expert Gregory Gossett will discuss ways to implement these strategies in your trading and the significance of Risk to Reward and position sizing.

Checkout Gregory's YouTube & Twitter: 

https://www.youtube.com/channel/UCviK0XeiDS0l1deHtEVmrKw

https://twitter.com/GossettTrading

Top 10 Highlights from interview:

1) Learn from the trading masters.  Take those learnings and develop your own unique trading style. 

2) Buy from people who are depressive.  Sell to people who are manic!  

3) Play offense by taking off profits when market really wants to give it to you.  Play defense with trailing stops 

4) Made some significant changes to trailing stop rules.  Take half and then half of a half.

5) ETFReplay.com  Great tool to test and backtest strategies.  

6) Spread trades over many different time frames in order to diversification of time and your approach.  

7) Master one strategy first and then tinker with it to fit your personality.  Like a musical instrument, best to master one first before picking up a new one.  

8) Need a confluence of indicators and setups.  Want to see buyers coming in weekly and daily.  Want to be in the company of as many buyers to make a profit.

9) Traders need to adjust to the volatility of the market.  

10) Practice with simulated trades.  More repetition and mind will take in the different patterns. 

During this TRADER’S MINDCHAT SHOW, we talk with Akil Stokes from TierOneTrading.com  

Akil is a friend of the show. I’ve known him for years. He and his partner Jason Graystone are helping me add Forex to my trading tool box.  

We dive deep into a lot of big trading topics. Here are the highlights:  

HIGHLIGHTS FROM INTERVIEW

HIGHLIGHTS FROM Q&A 

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