A BEARISH BIAS Kicked My &ss | Futures TRADER Life

20/10/2024 22 min Temporada 1 Episodio 97

Listen "A BEARISH BIAS Kicked My &ss | Futures TRADER Life"

Episode Synopsis

Overall, the stock market is bullish. But Market Mama Becky is still working tirelessly to get past a persistent bearish bias with her trading! In this episode, she recounts a challenging day for her that should have been so much easier. Day trading the futures instrument YM, Becky relives shorting a bullish morning, the lessons she gained, and the important reminders all traders can learn from. Biases can seriously impact a trading session, and we must always remain vigilant and aware so that we are trading our data and system effectively. Becky reminds viewers that It's important to accept losses without shame and states, "It's possible to use reasonable disappointment as a catalyst for growth." The hosts also highlight the extreme difficulties one faces in day trading and significance of community support in navigating the ups and downs. Thanks for joining the market mamas in this conversation!

Key Takeaways:
-Trading is a journey filled with highs and lows.
-Journaling helps in reflecting on trading experiences.
-Understanding market conditions is crucial for success.
-Emotional resilience is key in trading.
-Mistakes are opportunities for growth.
-It's important to accept losses without shame.
-Finding balance between bullish and bearish strategies is essential.
-Community support can enhance the trading experience.
-Every trading day offers valuable lessons.
-Self-talk can help in managing trading emotions.

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