Market Mind Meals

I'd not have survived, let alone thrive, without learning about planning and time management back when I was trading part-time. Today's episode focuses on why planning and time management are important for trading and how to start doing it. We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

I used to struggle with the question "When the market chops, should you sell or hold?" Yesterday the market pulled back sharply and this was a question on a lot of people's minds. I use to pour through loads of "rules" I had made for myself. I'd often walk away even more confused while watching the seconds tick down off the clock... Anxiety would grow and eventually I'd make an emotional decision. Emotional last minute decisions is a poor strategy for the market. So I came up with something better, called "Danger Signals". And we're discussing the concepts on today's show. We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

Salem Ali Ghergab reached out to me on Instagram for help. He's a futures trader who relies upon exaggerated short-term moves, trades intra-day reversals, and gap fills in the open. He doesn't have "confirmation" like many trades do. He sets his levels and takes trades. He is coming on the show to help manage psychology and negative thoughts, set realistic expectations, and develop strategies to reduce losses. We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

Your watch lists can be more valuable than any news program, paper, or headline. Used well, your watch list can provide insights into which groups and sectors are heating up, and how the market is treating stocks. And more. This takes less time than the news, and gives deeper and unbiased insights. Do this and you won't need outside anything. We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

The answer depends on a few things: 1. Are you just getting started or have you been trading for a while? 2. What kind of results have you been getting? Are they consistent? 3. Did something change in your life where you can no longer execute? 4. Do you have different beliefs than when you started? We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

Most people run into problems early in their trading journey. Things start to get difficult. Market conditions change. Something happens at work or at home. Before you know it, the wheels fall off instead of rolling down the path of success, you're in a bush. Today we're talking tactics and strategies to stay committed, and answering questions. We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

Trading requires sacrifice. The real reason why 90% of traders fail is because they're not willing to sacrifice. They fall for gimmicks. "Trade like a pro, fast!" is a common one. . Why does it have to be fast? Why does it have to be easy? Anything that is worth something takes time and is difficult to achieve. That's precisely what makes it worth something. . We'll be talking about sacrifice and the types of sacrifices you can expect in trading. We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

"I find it difficult to stick to a routine. What should I do?" - This is one of the more common questions when it comes to routines. Do you feel this way? If so, listen in, get answers, and join the discussion. We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

A well-thought-out trading routine can save your hide. In today's episode, I share my trading routine, what I do, when I do it, and why. And as always, we'll be answering questions live. We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

How we prep for the day and for the week can impact our productivity, decision-making, and overall levels of "zen". Listen in on this special "Morning Coffee w/ Mike". We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

A tactic I learned a long time ago from Investor's Business Daily and from being an IBD Meetup Leader is measuring distribution as a way to gauge market health. Through the years, I've learned several nuances surrounding distribution that I'd like to deep dive with you. 1. Why tracking the TOTAL number over 10 and 25 day periods is important. 2. How to gauge the importance of distribution (not all of it is created equal) 3. Using distribution in conjunction with other market factors We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

The recent action in QQQ has been all over the place. Up one moment. Down the next. It's like watching a pro-tennis match between the bulls and the bears. On today's show I'm going to share my insights on the recent action and what I'm looking at specifically to draw these conclusions. We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

If you're frustrated by a flat equity curve, especially after putting in loads or work, I hear you. I've felt those feelings of frustration myself at one point. There's really only two things that can be the problem and it boils down to this... 1. The market environment isn't right for your system 2. You are deficient in one or more of the 8 Essential Skills needed for trading mastery. We'll go into as much detail as we can on today's show. For more on the Eight Essential Skills for Trading Mastery, read my new book tradingmindwheel.com WATCH US LIVE We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

"What should I do when the market is choppy?" ...this question came in from one of our viewers. The answer... If your setup isn't present, you sit and wait. Better...if a high quality version of your setup isn't present, you sit and wait. The problem with this is that it often causes FOMO. The market posts gains... Those around you share gains... All while YOU are sitting on your hands. Discipline isn't easy. We'll be discussing all of this and more on this episode. WATCH US LIVE We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

Managing trades through earnings comes down to three primary factors... 1. Personal performance 2. Current price action 3. Historical price action That's really all that's needed, and in this episode, we'll discuss why we want to keep it this simple and how to use these factors. WATCH US LIVE We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

"Accepting failure" is on the verge of becoming the latest buzzword in trading. It comes with a lot of caveats, one of which is attitude. We discuss attitudes toward failure, using failure as a crutch vs using failure as a method toward improvement, and more. WATCH US LIVE We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

I like to give myself multiple ways to exit trades. The best way I've found to allow trades to run and exit when they begin to sour is to sell on "Danger Signals." Selling based on danger signals can act as a timebound stop. However, unlike selling based on ATR or a moving average, selling based on danger signals allows us to measure the evidence against a trade. WATCH US LIVE We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

Do you struggle getting beyond a certain $$ level in your account? No matter what you do, no matter how well you perform, once you hit that number your account seems to fall. The reasons could have to do with psychology and emotions, or it could just be the math is working against you. We'll aim to answer both in today's show. WATCH US LIVE We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

"In a market that may have chopped you up from Oct 2022-current day, how do you get past the dilemma of testing the waters again after possibly losing 10% over the past 6 months? I sat out until end of Oct but been chopped up now and find it difficult to pull the trigger as it hasn’t worked well over the past 6 months. Should I sit out and evaluate and get some mental health back, or keep testing the waters with my proven system until I finally gain traction?" WANT TO GET COACHED LIVE ON A FUTURE SHOW?? BOOK A TIME HERE: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://calendly.com/marawealth-mike/...⁠⁠ The show aims to talk with you daily, Monday through Friday, and give you tangible advice to help you with your trading. We go live daily on Instagram at 9:30 am EST. The best help you can get is one on one, face-to-face. Come on to the show. Live on Instagram, Facebook, Twitter, and YouTube. Let's talk! Follow on Instagram: ⁠⁠https://www.instagram.com/michaelglam...⁠⁠ Follow on Facebook: ⁠⁠https://www.facebook.com/Mara

In trading, we can be right, or we can make money. A lot of people confuse the two. Trading is not a simple math equation 2+2=4. It may seem that "you're right" but if the market things differently, being can cost you a lot. When we have patterns of behavior that cause us to consistently lose money, I call those negative patterns of behavior and today, we're going to focus on breaking those patterns. WANT TO GET COACHED LIVE ON A FUTURE SHOW?? BOOK A TIME HERE: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://calendly.com/marawealth-mike/...⁠ The show aims to talk with you daily, Monday through Friday, and give you tangible advice to help you with your trading. We go live daily on Instagram at 9:30 am EST. The best help you can get is one on one, face-to-face. Come on to the show. Live on Instagram, Facebook, Twitter, and YouTube. Let's talk! Follow on Instagram: ⁠https://www.instagram.com/michaelglam...⁠ Follow on Facebook: ⁠https://www.facebook.com/MaraWealth⁠ Follow on Twitter: ⁠https://twitter.com/MichaelG