Become Consistently PROFITABLE with RED Days & The Game of PROBABILITIES | Day Traders | episode artwork

EPISODE · Sep 14, 2024 · 19 MIN

Become Consistently PROFITABLE with RED Days & The Game of PROBABILITIES | Day Traders |

from Market Mamas: Day Trader Psychology · host Market Mamas with host Becky

As day traders, Becky and Kendra have been taught and learned through our own experiences to respect and appreciate the influence of probabilities in our trading businesses. We always try to inject logic into our trading system so that we can honor this exact relationship every day at our charts. A red losing day gives us valuable feedback and performance data to examine. Becky shares, "As the consistently profitable traders that we are growing into, we want to experience the uncomfortable but manageable outcome of a small red day that can be hard to accept at the moment, but is sustainable for our trading accounts. Vs not accepting an initial small loss and engaging in a fix it battle with the market and the toxicity of that." Kendra explains how "The more confluences, or reasons you can recognize in real-time that support your trade bias and favor your setup, can and usually does result in the higher probability of it being successful." These concepts and so much more are discussed in this must-watch episode! To join us in our Audible obsession, sign up!!! http://www.amazon.com/audibleplus Their titles are seriously the most comprehensive and Audible is sooo 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: Website: www.market-mamas.com 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 #riskmanagement #loss #win #probability #hardestgame #futures #nasdaq #stockmarket #discussion #podcast #resilience #motherhood #daytrader #daytraderlife #entrepreneur #authenticity #transparency #growthmindset #power #powerpursuit #selfactualization #expectations #reality

As day traders, Becky and Kendra have been taught and learned through our own experiences to respect and appreciate the influence of probabilities in our trading businesses. We always try to inject logic into our trading system so that we can honor this exact relationship every day at our charts. A red losing day gives us valuable feedback and performance data to examine. Becky shares, "As the consistently profitable traders that we are growing into, we want to experience the uncomfortable but manageable outcome of a small red day that can be hard to accept at the moment, but is sustainable for our trading accounts. Vs not accepting an initial small loss and engaging in a fix it battle with the market and the toxicity of that." Kendra explains how "The more confluences, or reasons you can recognize in real-time that support your trade bias and favor your setup, can and usually does result in the higher probability of it being successful." These concepts and so much more are discussed in this must-watch episode! To join us in our Audible obsession, sign up!!! http://www.amazon.com/audibleplus Their titles are seriously the most comprehensive and Audible is sooo 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: Website: www.market-mamas.com 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 #riskmanagement #loss #win #probability #hardestgame #futures #nasdaq #stockmarket #discussion #podcast #resilience #motherhood #daytrader #daytraderlife #entrepreneur #authenticity #transparency #growthmindset #power #powerpursuit #selfactualization #expectations #reality

NOW PLAYING

Become Consistently PROFITABLE with RED Days & The Game of PROBABILITIES | Day Traders |

0:00 19:47

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Ask A Spaceman Archives - 365 Days of Astronomy Ask A Spaceman Archives - 365 Days of Astronomy Podcasting Astronomy Every Day of the Year The Small Business Startup School – Business Notes | Financial Literacy | Retail Psychology – For Professionals & Entrepreneurs The Small Business Startup School Inc. Starting or buying a small business? While personal circumstances may vary, business patterns remain timeless. On The Small Business Startup School, we explore strategies, insights, and practical solutions to help entrepreneurs confidently navigate their journey.Hosted by Ola Williams—a retail entrepreneur, fintech founder, and financial coach with over two decades of experience—this podcast marries financial awareness and retail psychology with optimism to deliver actionable takeaways.Join us to learn, grow, and connect as we uncover the keys to business success.Let’s continue to learn together and be encouraged to keep on connecting! Solving for Change MOBIA Technology Innovations Solving for Change welcomes business and technology leaders to share stories of bold business transformation within complex organizations. In an era when technology and markets are changing around businesses, the key to staying competitive is to evolve in response to those changes.  MOBIA’s Mike Reeves and Marc LeBlanc investigate business transformation, deconstructing the challenges, ambitions, and market disruptions that drive companies to embark on transformation journeys, and exploring their unique approaches to achieving meaningful outcomes.  What sparks leaders to pursue business transformation? How do they overcome the challenges along the way? What are the keys to creating enduring change?  Through in-depth conversations with business and technology leaders, Mike and Marc answer these questions and explore how businesses evolve by pulling four key transformation levers: people, process, technology, and culture. Wild WinsDay Wild WinsDay Pump the hump with WILD WINSday 🐪💪: Your 3-minute weekly video boost for leadership, sales, marketing, and business breakthroughs to WIN the day!

Frequently Asked Questions

How long is this episode of Market Mamas: Day Trader Psychology?

This episode is 19 minutes long.

When was this Market Mamas: Day Trader Psychology episode published?

This episode was published on September 14, 2024.

What is this episode about?

As day traders, Becky and Kendra have been taught and learned through our own experiences to respect and appreciate the influence of probabilities in our trading businesses. We always try to inject logic into our trading system so that we can honor...

Can I download this Market Mamas: Day Trader Psychology episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!