Market Mind Meals

Ever felt like your results just don't match the effort you're putting in? You're not alone — and you're not broken. In this episode, Mike breaks down the three most common system leaks he sees in part-time traders... and how to seal them without starting from scratch.These are the gaps that quietly drain performance, wreck consistency, and chip away at your confidence — but once you spot them, everything begins to shift.Here's what we cover:Why not having a written business plan keeps you stuck in reaction modeHow to align your system with the current market environmentThe surprising reason most reviews don't lead to breakthroughsA powerful mindset reframe: it's not about more effort — it's about better reflectionReal-world examples of what to include in your plan (and how to execute it under pressure)

Ever been blindsided by a headline that wrecks a perfectly good trade? You're not alone — and more importantly, you're not powerless. In this episode, Mike returns with a timely deep dive into how traders can hold their emotional ground when the market feels irrational.Because here's the truth: the market doesn't owe you logic.If you've been following your rules, seeing gains, then suddenly watching it all unravel due to volatility, this episode will help you pause, protect, and plan forward with clarity.

Most traders think their next breakthrough lies in a better setup or more screen time—but what if the real upgrade needed is internal?In this episode, Mike Lamott introduces The Mindset Shift Curve, a simple but powerful framework to help traders recognize where they truly are in their trading journey and what they need to move forward. Through personal stories, client examples, and actionable steps, Mike walks us through the four essential phases: Frustration, Awareness, Integration, and Flow.You'll learn:Why mindset—not mechanics—is often the real bottleneck to growthHow to avoid the trap of system-hopping during the Frustration phaseWhat habits and routines matter most in the Integration phaseHow to build a “worst day plan” that protects both your trades and your sanityThe concept of progressive exposure to scale safely when things are workingWhy rushing to flow without structure is a recipe for chaosThis episode is a must-listen if you've ever felt stuck despite “doing all the right things.” It's not about doing more—it's about thinking differently.

Welcome back to the Trader's Mindchat Show! After a short break, we're diving into one of the trickiest spots for traders: when the market finally starts moving—but your setups aren't quite there yet.In today's episode, I'm sharing real talk about the emotions that come up when you're sitting in cash, watching green bars fly by. We'll walk through how to handle those tough moments without falling into FOMO or second-guessing your plan.Here's what we're covering:Why the “tease phase” is one of the hardest tests of discipline for any trader.How to use the Three-Lens Approach to stay grounded: General Market, Your System, and Your Personal Performance.A simple way to adjust your risk using Progressive Exposure—so you scale in only when it makes sense.Real examples: why I took Netflix ($NFLX) and QQQ ($QQQ) trades—and passed on others.How building a Model Book can give you confidence and cut out the noise when things heat up.A mindset shift: Preparation without impulse is what real discipline looks like.Challenge for you:Take 10 minutes this weekend and ask yourself, Am I out of the market because I missed something—or because my setup hasn't shown up yet?The answer will tell you if you're following fear...or following your plan.If you're serious about treating your trading like a business, check out the Trading Success Blueprint—it's the framework I wish I had when I was starting out.We're in this together. Let's trade smarter.

Feeling stuck in cash and second-guessing your edge? You're not alone—and you're definitely not doing it wrong. In this episode of The Trader's Mindchat Show, Mike Lamott tackles one of the toughest phases in trading: sideways, choppy markets that can shake even the most seasoned traders.Mike shares a powerful mindset shift that'll help you stay confident even when your system isn't firing, and he introduces a simple, effective framework—the Three Lenses of Market Readiness—to help you know exactly when to take action and when to stay on the sidelines.Plus, he unpacks:Why confidence built on outcomes is fragile—and how to root it in processThe real danger of forcing trades just to feel productiveHow to apply Ted Williams' “happy zone” strategy to your own setupsHow to use market mood tracking and journaling to stay sharpWhat to do while you wait so you're ready when the trend returnsThe secret to progressive exposure so you scale safely when the market flips greenWhether you're a seasoned trader or just getting started, this episode will help you reframe quiet market periods as preparation—not punishment.

The market just took a nosedive—and if you're feeling rattled, you're not alone.In this episode of Trader's Mindchat, Mike Lamothe breaks down exactly how to reset after a rough week, whether you were sidelined in cash, caught off guard, or trying to short into the chaos. Drawing from over two decades of experience, Mike walks through his personal process for managing risk, interpreting warning signals, and staying mentally sharp—even when the market gets ugly.This isn't about predicting the bottom. It's about building a repeatable process that keeps you in control. If you've ever felt the urge to tweak your system without real data, or trade just to “do something,” this episode is a must-listen.Key Takeaways:The two types of traders market drops revealWhy Mike went to cash before the big selloff—and how his system signaled itHow to evaluate your last 10 trades and uncover where your edge may be slippingThe 5-part formula to rebuild confidence and consistency in your tradingTools and mindset shifts for auditing your setup, emotions, and executionPlus: Mike shares a live trade breakdown on ALHC, and how seven “danger signals” helped him lock in profits before the reversal.

Struggling to get consistent results in your trading? In this episode, Michael Lamothe breaks down The Trading Success Blueprint — a 4-part system to transform your trading hobby into a real, scalable business.Whether you're just starting out or stuck in a cycle of inconsistency, this framework will help you create a trading business plan with real structure, purpose, and profit potential.

Most traders don't struggle with spotting setups—they struggle with pulling the trigger. In this episode, we dive deep into the power of execution through the real trades of two Accelerator members, Miguel and Caleb, who made massive progress using surprisingly simple techniques.▶️ Inside the episode:How Miguel doubled his trade overnight using a volume-price trick in $HOODWhy declining volume gave him the confidence to short—and how it led to a +100% gainA trade in $IWM that followed a nearly identical patternHow Caleb scaled into $ALHC without increasing his risk by adjusting his stop lossThe secret to smart sizing and maximizing gains in high-probability setupsWhether you're a day trader or short-term swing trader, this is a masterclass in execution under pressure.

When should you sell? It's one of the most important (and toughest) questions traders face. In this episode, we break down four essential exit strategies to help you manage losses, lock in profits, and stay in control of your trades—no matter what the market throws your way.

Ever exited a trade, only to jump back in and watch your profits disappear? You're not alone. Overtrading due to FOMO, revenge trading, and emotional decision-making can wreck your success in the market. In this episode, we break down:

Want to catch the next big stock breakout? In this episode of Trader's Mindchat, we analyze Netflix's massive 330% run since 2022 and break down key trading insights from its past moves. Discover why studying model stocks can sharpen your strategy, how to spot early buy signals, and when to take profits before momentum fades.Key Takeaways:

Is the market setting up for a massive bull run, or are we looking at another fake-out? Smart traders know that not all breakouts are created equal—and jumping in too soon can be costly.In this episode of Trader's Mindchat, we break down:✅ Key confirmation signals to identify real market strength✅ Time-saving analysis for part-time traders✅ How to assess market trends quickly using multi-timeframe analysis✅ Managing risk while positioning for high-upside tradesWe also take a deep dive into market internals, including new highs vs. new lows, and share a step-by-step approach to using a position size calculator to optimize your trades.

Earnings season can be a rollercoaster—so how do you prepare for potential drops and protect your portfolio? In this episode ofTrader's Mindchat Show, we break down how to analyze past earnings moves, identify key support levels, and determine whether it's worth holding a stock through earnings. Using Decker's (DECK) and Palantir (PLTR) as case studies, we explore:

In this special Q&A episode, we dive deep into the biggest challenges traders face when trading growth stocks. Whether it's knowing when to exit, holding through a stock's full run, or managing market volatility, we cover practical strategies to help you stay in control of your trades. Key Takeaways: The psychology behind holding a winning trade and when to lock in profits How to handle market volatility and avoid getting shaken out Position sizing techniques to minimize risk and maximize gains The power of journaling and backtesting to refine your strategy Lessons from top traders like William O'Neil & Mark Minervini

Feeling overwhelmed as a part-time trader? You're not alone! In this episode of the Trader's Mindchat Show, we dive into the key steps to build a simple, effective trading routine that aligns with your lifestyle and goals. Key topics include: ✔️ How to identify your "happy zone" in trading (inspired by Ted Williams). ✔️ Why most part-time traders fail—and how to overcome these common pitfalls. ✔️ The power of a model book to simplify your strategy and reduce stress. ✔️ How to flip through charts efficiently and focus only on high-quality setups. ✔️ Steps to manage risk, stay consistent, and avoid chasing opportunities. Whether you're new to trading or looking to fine-tune your process, these actionable insights will help you trade smarter, not harder.

What can Jesse Livermore, one of history's most famous traders, teach us about trading psychology, discipline, and the perils of over-leverage? In this episode, we explore the highs and lows of Livermore's trading journey—from turning a $5 bet at 14 into a $100M fortune (equivalent to nearly $2 billion today) to his repeated financial collapses. Key takeaways include: The Importance of Risk Management: Avoiding the devastating effects of over-leverage and maintaining a disciplined approach. The Role of Emotional Control: How Livermore's struggles with managing the psychological highs and lows of trading led to his downfall. Sustained Success Requires Adaptation: Why continual learning and humility are essential to staying on top. Balance Over Wealth: Livermore's story highlights that financial success alone doesn't guarantee happiness or fulfillment. This episode also dives into practical strategies, like budgeting for trading, overcoming psychological hurdles, and the stages of learning to become a consistently successful trader.

Ever wondered how hedge funds, mutual funds, and big institutions move billions in the markets—and why their strategies don't work for individual traders? In this episode of Trader's Mindchat, we dive deep into the game-changing insights that will help you trade smarter, not harder. Learn why mirroring the "big players" might be costing you profits and discover a streamlined approach for part-time traders to ride their coattails without the institutional baggage. Here's what you'll learn: Key Insights: How institutional strategies differ from personal trading and why their methods don't fit smaller accounts. The Edge of Simplicity: How focusing on price action and volume reveals hidden opportunities. Screening Like a Pro: Narrowing 10,000 stocks down to a handful of winners. Overcoming FOMO: Why missing trades isn't the problem—it's chasing too many. Practical Applications: Tips for finding stocks with explosive potential and leveraging tools like EGLE and CANSLIM for consistent success. Plus, explore why having multiple income streams supports sustainable trading and how to embrace the cyclical nature of markets to thrive year-round.

Happy New Year and welcome to 2025!

Feeling overwhelmed by too many trade setups? In this episode of the Trader's Mindchat Show, Mike dives into the art of staying disciplined and avoiding the pitfalls of overtrading. Learn actionable strategies for filtering trade opportunities, narrowing down action lists, and setting alerts to maintain focus. Mike also explains how to anticipate choppy market conditions and use proper risk management techniques for more consistent results. Key Takeaways: Filter Your Trades: Build a universe list and identify high-quality setups. Narrow Down Action Lists: Use alerts and volume analysis to focus on top opportunities. Anticipate Market Conditions: Understand when to size small and play it safe. Wait for Traction: Only scale up after gaining clarity in market trends. Tools & Tips: Discover screening strategies using Deep View for better trade selection.

In this episode of Trader's Mindchat Show, I walk you through the exact trading routine that helped me avoid the latest market drop, lock in substantial gains, and keep my capital ready for the next big opportunity. Whether you trade part-time or aspire to, this routine can save you time, reduce stress, and improve profitability. You'll learn: How a 30-minute stock screening process filters out market noise. Why consistency in your routine is key to trading success. Tips for analyzing stock performance and the broader market. How to identify high-probability setups using tools like DeepView. When to stay in cash and avoid unnecessary risk. Stick to this proven process and you'll be ready to capitalize when the market sets up again!

"After a year where I'm up nearly 200%, I break down the key trading lessons learned in 2024 and share the strategies I'm using to prepare for 2025. This episode dives into the power of post-analysis, the setups that worked, the ones that didn't, and how I'm fine-tuning my approach for the year ahead." Key Takeaways: The importance of post-analysis in refining your trading strategy Which setups led to success and which ones missed the mark How to plan effectively for 2025 based on lessons from 2024 Resources Mentioned: ✅ MARA Trading Accelerator: Fast-track your trading skills — Join here

Try DeepVue: https://deepvue.com?aff=674dfb0d In this episode of Trader's Mindchat, we dive into the exciting world of AI-related stocks. Learn how to identify the hottest AI-centric opportunities and create a robust watchlist using tools like Grok and Deepview. Discover key strategies to time your trades effectively and avoid common pitfalls, like chasing overextended stocks or trading without a clear plan. Key takeaways include: A curated list of 28 AI-focused stocks to watch right now. How to analyze industry groups for hidden gems. Why having a defined methodology and setup is crucial for consistent success. Tips for setting effective stop-losses and assessing reward-to-risk ratios. Real-time trade examples featuring Tesla, NVIDIA, and Palantir. Whether you're a seasoned trader or just starting out, this episode is packed with actionable insights to help you navigate the fast-paced world of AI investments.

In this episode of the Trader's Mindchat Show, host Michael Lamothe dives into the art of knowing when to ramp up your trading in a hot market and when to pump the brakes. With markets in an uptrend but showing signs of pullbacks, Michael addresses a common struggle for traders: balancing the urge to lock in profits versus letting trades run, all while managing the fear of losing gains. Key takeaways include: How to assess market mood and identify ideal conditions for aggressive trading. The importance of defining setups and sticking to high-quality trades. Practical strategies to build conviction and avoid emotional decision-making. Using tools like "danger signals" to manage risk effectively. Whether you're a part-time trader or working toward full-time success, this episode is packed with actionable insights to level up your trading game. Don't miss Michael's tips on leveraging profits to fuel future trades and his breakdown of live examples from his recent trades in Tesla, TNA, and Reddit.

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: Why vague trading advice leads to costly mistakes. How clarity in your setups can grow your trading account. A step-by-step template to define your strategies for success. 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.

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: Understanding parabolic moves and market euphoria signs The role of system integrity and personal performance in trading success Buying into strength vs. recognizing climax tops to sell into (Tesla vs Tilray) Why it's essential to avoid big losses and how to scale out of winning trades effectively 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.

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: Why "keeping it simple" in trading is harder than it seems The dangers of overcomplicating your trading strategy How to deconstruct your trading approach and get back to basics Exercises to explore your core beliefs and motivations The role of consistent beliefs in long-term trading success 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: Why revenge trading happens and its psychological triggers How to use questions as pattern interrupts to stay disciplined Journaling techniques to analyze trades and grow over time Real examples of trades that demonstrate why it's sometimes best to let go Practical strategies for creating a personalized trading business plan

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: Why "keeping it simple" in trading is harder than it seems The dangers of overcomplicating your trading strategy How to deconstruct your trading approach and get back to basics Exercises to explore your core beliefs and motivations The role of consistent beliefs in long-term trading success 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: The importance of having a written trading plan How to recognize and manage emotions during a trade Why tracking and journaling your emotions can help you avoid FOMO Three key actions to take when FOMO strikes Listen in for actionable insights that will help you develop discipline in your trading and stay on course for long-term success.

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: How to analyze and spot high-potential trades using multi-timeframe charts The importance of setting trade intentions and planning for risk management Why he chose to buy call options and how he sized his position for maximum impact How emotional discipline and proper trade journaling led to this standout result 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: The Trading Mindwheel: Eight Essential Skills for Trading Mastery: https://tradingmindwheel.com/ The Trading Success Blueprint: The Ultimate Guide To Crafting Your Trading Business Plan for Profit: https://marawealth.samcart.com/products/trading-success-blueprint-the-ultimate-guide-to-crafting-your-trading-business-plan-for-profit The MARA Mindshift Guide: A Trading Beliefs Workbook: https://a.co/d/9rbLQ1m Ways to Connect With Me: Daily Newsletter: https://www.marawealth.com/newsletter/ Website: https://www.marawealth.com/ X: https://x.com/MichaelGLamothe Instagram: https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth #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: How to protect profits without cutting your winners short Using danger signals, trailing stops, and scaling out to maximize gains Developing emotional discipline to prevent fear and greed from sabotaging your trades Building resilience after trading mistakes and using them as fuel for long-term success 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: 1. The Trading Mindwheel: Eight Essential Skills for Trading Mastery: https://tradingmindwheel.com/ 2. The Trading Success Blueprint: The Ultimate Guide To Crafting Your Trading Business Plan for Profit: https://marawealth.samcart.com/products/trading-success-blueprint-the-ultimate-guide-to-crafting-your-trading-business-plan-for-profit 3. The MARA Mindshift Guide: A Trading Beliefs Workbook: https://a.co/d/9rbLQ1m Ways to Connect With Me: 1. Daily Newsletter: https://www.marawealth.com/newsletter/ 2. Website: https://www.marawealth.com/ 3. X: https://x.com/MichaelGLamothe 4. Instagram: https://www.instagram.com/michaelglamothe/ 5. Facebook: https://www.facebook.com/MaraWealth #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

In this episode, seasoned trader and hedge fund manager Arthur Smelyansky—who placed in the top 10 of the US Investing Championship with a 39.6% return in 2022 (a year when the S&P 500 was down 18%)—shares invaluable insights for beginner traders. Arthur breaks down why trading success comes from treating it like a business, focusing on risk management, setting realistic goals, and avoiding shortcuts. If you're ready to level up your trading, this episode is packed with actionable advice. For more information on how to work with me, visit marawealth.com.

Think freedom in trading means doing whatever you want? Think again! In this episode of Trader's Mindchat, we tackle the real root of greed and how shifting your mindset from 'doing what you want' to 'doing what you ought' can unlock your true potential. Ready to take control and stop letting greed derail your trades? Grab my new eBook, Trading Success Blueprint: The Ultimate Guide to Crafting Your Trading Business Plan for Profit, and start building a plan that works. Get your copy here!

In this episode of the Trader's Mindchat Show, we dive deep into the essential strategies for bouncing back after market losses. Discover how to shift your mindset, reset your trading plans, and prepare effectively for your next market entry. Learn why taking a step back is crucial, how to assess and adjust your trading plans, and the significance of discipline and preparation. Key Highlights: Mindset Mastery: Understand the importance of taking a break to clear your mind and regain focus. (00:00:20) Reset Strategies: Learn how to assess and evolve your trading plans for better adherence and results. (00:04:04) Preparation Techniques: Find out how to prepare for re-entering the market with a solid plan and routine. (00:11:07) Real-World Examples: Explore a case study of a successful trade in a challenging market. (00:12:32) Assessing Market Conditions: Analyze how to evaluate market setups and adjust expectations accordingly. (00:16:41) The Importance of a Trading Business Plan: Discover how having a detailed plan can reduce stress and improve trading outcomes. (00:21:57) Call to Action: For more in-depth strategies, check out my books, The Trading Mindwheel and The Trading Success Blueprint. Plus, join our research program with a free two-week trial click here to get started. Stay tuned for more insights and happy trading!

Ever feel like your emotions are running the show when the market takes a dive? You're not alone! In this episode of the Trader's Mindchat Show, we dive into why your ego might be pulling the strings and how a solid trading business plan can help you take back control. Join us as we break down the difference between treating trading like a hobby and running it as a serious business. Discover practical tips to keep calm and stay on track in volatile markets. Learn how to set yourself up for consistent success, avoid the boom-and-bust cycle, and transform your trading game. And if you're ready to go all in, grab a copy of my new book, The Trading Success Blueprint: The Ultimate Guide to Crafting Your Trading Business Plan for Profit. Let's get you trading smarter, not harder. Get it here.

Welcome back, traders! In today's episode, we dive deep into a fundamental question: "What's the most important trait for being a successful trader?" Your host, Michael Lamothe, explores this topic inspired by a discussion from our friends at TraderLion. Tune in as we break down various essential traits like risk management, self-awareness, patience, and discipline, and why Michael believes humility stands above all.  Key Takeaways: The role of humility in trading success. Insights from leading traders on essential traits. How virtues like patience and self-awareness impact your trading journey.  Learn More: Michael shares his personal experiences, insights from top traders, and practical tips to enhance your trading strategy. Discover how tracking your performance and maintaining humility can lead to consistent success.  Join the Community: Subscribe to our free newsletter at https://www.marawealth.com/newsletter/ for exclusive tips and trade ideas. Engage with us on social media and share your thoughts on today's topic! Follow & Subscribe:   Instagram: https://www.instagram.com/michaelglamothe/ YouTube: youtube.com/marawealth Newsletter: https://www.marawealth.com/newsletter/ Listen Now and Level Up Your Trading Game!  #Trading #StockMarket #FinancialFreedom #TradingTips #Investing #MarketStrategies #TraderMindset #StockMarketEducation

In this episode, we dive deep into the common false beliefs and cognitive biases that can derail your trading success. We'll explore how these misconceptions have influenced your decisions and how you can take control to realign your mindset. I'm not here to tell you what to think, but to help you think for yourself and cultivate a healthy trading mindset. Join us as we walk through a transformative 4-step process: Get the Bigger Picture: Identify and list out all your trading beliefs. Assess the Landscape: Evaluate what these beliefs get you into and what they get you out of. Weed Out Limiting Beliefs: Cross out harmful beliefs and replace them with empowering ones. Develop Your Mental Garden: Choose the right influences and mentors to guide your growth. This episode is packed with practical advice and insights from my books, "The Marrow Mindshift Guide" and "The Trading Mind Wheel," both available on Amazon. By the end, you'll have the tools to clear out mental weeds and plant seeds of success. Stay tuned for a Q&A session at the end, and make sure to share where you're tuning in from! Keywords: False Beliefs, Mindset, Trading Success, Cognitive Biases, Mental Health, Trading Mindset, Self-Improvement, Personal Growth Listen and transform your trading mindset today!

In this episode of The Trader's Mindchat Show, we dive into the pressing issues traders face amid recent market volatility. We discuss the impact of market swings on trading performance, the challenges of implementing effective stop-loss strategies, and the importance of robust asset allocation. We also explore the critical questions traders should ask themselves after a trading loss to refine their approach and improve future outcomes. Tune in for valuable insights and practical advice to enhance your trading strategy and mindset. Don't miss our Q&A session addressing specific stock queries and real-time market analysis. Join our newsletter for more trading tips and strategies at https://www.marawealth.com/newsletter/

In this enlightening episode of Trader's Mindchat Show, we delve deep into the true essence of wealth. Inspired by a thought-provoking tweet from Steve Burns, we explore what it really means to be wealthy, far beyond the accumulation of money. Join us as we discuss the crucial components of a wealthy life, including relationships, health, wisdom, and mental clarity. Discover the importance of balance and rest, and how the concept of a Sabbath can act as a necessary off-switch in our busy lives. We also share personal stories and insights on avoiding the pitfalls of money obsession. Learn why money should be seen as a tool for growth rather than an end goal, and how true wealth lies in nurturing relationships and personal well-being. This episode is packed with wisdom and practical advice that every trader—and indeed, every person—can benefit from. Tune in to redefine your understanding of wealth and start living a truly rich life. Listen now to discover: The real definition of wealth and its key components The importance of rest and avoiding burnout How to use money as a tool for growth, not an obsession Personal stories on finding balance and true wealth Don't miss this insightful conversation that could change your perspective on trading and life. Subscribe to the Trader's Mindchat Show and never miss an episode! Keywords: Wealth, Relationships, Health, Wisdom, Rest, Trading, Personal Growth, Balance, Steve Burns, True Wealth

In today's episode of Trader's Mindchat, we tackle a critical question: "Who should we listen to?" With the market's constant ups and downs, especially seen in NVIDIA's recent performance, many traders feel overwhelmed by the influx of advice from various sources. We discuss not just who to listen to, but why and when to heed their advice. Learn how your mental state can influence your decision-making process and discover strategies for staying grounded. Tune in for insights that will help you navigate the trading landscape with confidence. Enjoyed this episode? Don't forget to subscribe to the Trader's Mindchat Show and leave us a review! For more tips and insights, visit marawealth.com and join our free newsletter. Follow us on social media for daily updates and trading strategies.

In this episode of the Traders Mind Chat Show, we dive deep into essential strategies for managing market highs and handling "squats" – those frustrating moments when stocks surge only to plummet back to earth. Join us as we explore: Mindset for Market Highs: Understand the right mindset when the market is at its peak and how to avoid the fear of missing out (FOMO). Handling Squats: Learn how to mentally and strategically handle situations where your trades take a sudden downturn. Quality Trading: Discover the importance of trading quality stocks and having a concrete strategy to identify them. Sizing Strategies: Find out how to adjust your position sizes based on market conditions to optimize your trading success. Whether you're questioning if you're missing the rally or looking for ways to improve your trading discipline, this episode offers valuable insights and practical advice. Links: Get Mike's book, "The Trading Mindwheel": https://a.co/d/b2458n4 Sign up for the MARA Wealth newsletter: marawealth.com/newsletter

In this episode of the Trader's Mindchat Show, we dive deep into the essential role of gaining outside perspectives in your trading journey. Join Mike as he shares an inspiring conversation with his long-time friend Adam Sarhan, reflecting on the struggles and triumphs in trading. Discover how learning from past mistakes and leveraging unique insights can pave the way to success in the market. This episode covers the importance of understanding stock picks, trade management, and the psychological aspects that can make or break a trader's journey. Want to take your trading skills to the next level? Subscribe to our newsletter for exclusive tips, strategies, and insights directly to your inbox. Join our community here: MARA Wealth Newsletter.

In this episode, we dive deep into the essential components of a successful trading business plan. Join us as we explore the often-overlooked aspects of trading that can make or break your success. Many traders have a basic plan outlining entry and exit points and risk management, but few consider the importance of a comprehensive business plan. Our discussion covers: The three core elements every trading business plan needs. How to align your plan with your beliefs, goals, and ability to execute. Real-world examples, including an in-depth analysis of trading scenarios with Dell and NVIDIA. Strategies for reconciling conflicting beliefs and making clear, decisive actions. The importance of simplicity in your trading equations to avoid emotional decisions and enhance consistency. Whether you're a novice trader or looking to refine your strategies, this episode is packed with practical advice to elevate your trading game. Tune in to gain insights that will help you craft a trading plan that's not only effective but also sustainable in the long run. Join the conversation: Share your thoughts and experiences by leaving a comment. Let's build a community of informed and strategic traders! Subscribe for more trading wisdom and strategies! Keywords: Trading Business Plan, Stock Market, Trading Strategies, Financial Planning, Trading Success, Investment Tips, Market Analysis Hashtags: #TradingBusinessPlan #StockMarketSuccess #FinancialStrategy #InvestSmart #TradingGoals #MarketLeadership

In this episode of the Trader's Mindchat Show, we dive into the essentials of building effective stock watch lists. As we head into Memorial Day weekend, learn how to prepare for market fluctuations and identify top-performing stocks. We cover: The importance of a well-constructed watch list Criteria for selecting the best stocks Tools and resources for efficient screening Live demos and Q&A to enhance your trading strategy Join us to keep your finger on the pulse of the market and make informed trading decisions. Whether you're a seasoned trader or just starting, this episode is packed with valuable insights to help you succeed. Tune in, take notes, and get ready to elevate your trading game! Happy Memorial Day! Follow us for more trading tips and updates: https://www.marawealth.com/ https://www.youtube.com/marawealth

In this episode of the Trader's Mindchat Show, we delve into the critical distinction between treating trading as a business versus a hobby. We discuss the mindset shift required to transition from casual trading to a professional approach, highlighting the importance of having a structured business plan. We also explore the recent trends and movements of popular stocks like GME and AMC, analyzing their performance and what traders can learn from their volatility. Our host shares personal experiences and strategies to help you refine your trading practices and make more informed decisions. Don't miss out on these valuable insights that can elevate your trading game from hobbyist to professional. Plus, if you're not yet subscribed to our free newsletter, head over to Mara Wealth Newsletter for exclusive tips, market analysis, and more. Stay ahead in the trading world with our expert guidance! Tune in, take notes, and transform your trading approach today! Call to Action: Subscribe to our free newsletter at Mara Wealth Newsletter for regular updates, expert tips, and market insights to keep you ahead of the curve.

Join Michael Lamothe on a journey through market history in this insightful episode. Discover how a deep understanding of historical market trends can shape successful trading strategies today. Michael highlights the importance of a solid framework to decode market behavior, drawing on lessons from trading legends like William O'Neill, Stan Weinstein, and Mark Minervini. Whether you're experienced or new to trading, this episode will enhance your decision-making skills and investment approach, helping you navigate the volatile trading landscape with confidence. Tune in for a transformative perspective on trading and don't forget to subscribe to our newsletter at marawealth.com/newsletter for more updates and insights.

Feeling queasy from the market's recent turbulence? Tune in to our comprehensive guide on mastering choppy markets, designed specifically for novice and intermediate traders who are ready to navigate market volatility with greater ease and confidence. In this episode, you'll learn about: The Nature of Choppy Markets: Dive into what drives market unpredictability and how to spot the early signs of volatility. Beyond Economics: Understand the difference between minor pullbacks and major corrections, all without a degree in economics. Building Awareness: Explore essential market trends and indicators that signal potential volatility. Strategic Preparedness: Develop a resilient trading plan that accommodates the unpredictable, complete with robust risk management strategies. Flexibility in Action: Discover how to stay adaptable, tweaking your strategies as market conditions change. Efficient Execution: Gain tips on how to execute trades effectively, focusing on optimal timing and strategies for entering and exiting positions. Psychological Resilience: Learn crucial skills to maintain focus and discipline, preventing emotional trading and overtrading. Real-World Application: We'll discuss real trading scenarios to illustrate how these strategies are applied in the real world. Who Should Listen? If you're familiar with the basics of trading and want to enhance your skills in handling market fluctuations, this podcast is for you. Why Listen? Empower yourself with the knowledge to differentiate between routine market fluctuations and significant downturns, helping you trade more effectively and safeguard your investments. Subscribe to our channel and never miss an episode as we continue to unravel the complexities of the financial markets. Let's conquer the challenges of choppy markets together!