In this episode, Becky Gaskell, host of Market Mamas, dives into one of the most volatile events in the financial world: the FOMC. Despite the common advice from trading mentors to "stay away," Becky shares her personal and meticulously researched journey into trading these high-impact days. She reveals how she developed a unique trading system by spending years taking notes and backtesting to find a reliable pattern, including a specific pivot time. This episode is not financial advice, but a raw and honest look at the work, discipline, and passion required to find and master your own trading niche, even in the riskiest of market conditions.

In this emotionally raw and honest podcast episode, Becky, the host of Market Mamas, takes listeners through a rough trading day - one filled with challenges, psychological setbacks, and powerful reflections. Instead of following her planned interview, she shares her personal experience from a tough session in the futures market. This episode offers an unfiltered look into the emotional and psychological hurdles that traders face, even for the well-prepared and experienced. It’s a reminder that trading success isn't linear, and growth comes from showing up - even on the red days.

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 P/L day gives us valuable feedback and performance data to examine. 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. These concepts and so much more are discussed in this episode today.

It’s time!! Let’s talk RISK MANAGEMENT with the Market Mamas! In this episode, Day Traders Becky & Kendra will cover core risk management terms and techniques, as well as tackle the heart of the risk management challenges. And that is truly embracing, trusting, and exhibiting strong risk management in real time trading. Understanding technically how to place and what makes an appropriate stop loss for different market conditions is critical and will improve over time and with experience with your instrument of choice. But every trade and every session, respecting yourself and your trading business enough to consistently follow your risk management - that is the pivotal obstacle to consistency in your outcomes. This is a can’t miss Market Mamas episode!