Market Mind Meals

In this TRADER'S MINDCHAT, we chat with US Investing Champion MARK MINERVINI!    Mark is truly one of the GOATs of trading. He generated over +33,500% in 5 years! As insanely impressive as that is, it pales in comparison to the work he's done helping traders succeed and the champions he's helped produce!    We're extraordinarily blessed to have the opportunity to pick his brain on the most critical part of success in anything... MINDSET!   **HIGHLIGHTS**  02:00 How to deal when things aren’t working.   03:25 Can strategies overlap?   06:08 Two things that can impact your trading.   08:18 ‘Which strategy’ doesn’t really matter...   10:20 Wants Vs. Priorities: friction here causes you to fail   14:28 The spot where most people give up   16:34 It’s all about how you FRAME the challenge   20:20 At first I sucked...when this happened, my trading turned the corner   22:27 Every door leads to more doors!   23:52 Mindset shif

The biggest money managers in the world (Carl Ichan, Steve Cohen, George Soros) are NOT trading options the way we've learned!   Things like "implied volatility" are way down on their list...   FELIX FREY of OptionsGeek.com worked & traded against these guys for +20years! He knows how they're doing it and its simpler than you think!   **HIGHLIGHTS**   6:00 How the top 1% Trade Options vs What we've been taught  12:30 Example of how Steve Cohen would trade $BABA w/ Options   22:00 Trading Like A Casino. Reward to Risk isn't enough. You need the odds too!   32:00 Targeting specific events for options plays.   40:00 When and how to use options to protect a position   **Checkout Felix Frey At: https://optionsgeek.com/ ** FOLLOW ME ON: Instagram: @MichaelGLamothe https://www.instagram.com/michaelglamothe/  Twitter: @MichaelGLamothe https://twitter.com/MichaelGLamothe  StockTwits: MichaelGLamothe https://stocktwits.com/MichaelGLamothe  

This all started from a Medium article written by Kevin Cook: https://medium.com/@KevinBCook/trend-lines-are-mathematically-absurd-118446ef07f3 I’ve personally used trend lines in my trading for years. Kevin comes out and says they're a bunch of BS! How dare he, right?   WRONG!  To be successful at trading, one of the best habits we can form is seeing things from the other side of the table.   I was INTRIGUED and decided to invite Kevin onto the TRADER’S MINDCHAT show.   YOU’RE GOING TO LEARN: *How the majority use trend lines and the reason why they continuously fail. *If you decide to use trend line, the proper way to use them. *3 superior ways to dissect price action   WANT MORE KEVIN COOK? Follow him on: * Twitter: https://twitter.com/KevinBCook * StockTwits: https://stocktwits.com/KevinBCook * Zacks: https://www.zacks.com/bio/kevin-cook   EDU MENTIONED IN THE VID: Technical Analysis of Stock Trends by Edwards & Magee Encyclopedia of Chart Patterns by Thomas Bulk

If you're someone that is trying to do it all, this is for you! Christopher Uhl runs http://10minutestocktrader.com/ Has a day job in corporate finance. Trades. Has a family. And has a top rated podcast "10 Minute Stock Trader" on iTunes. How does he do it all?  Time chunking like a world champion! I've walked a similar path and I'm personally in awe of how well Chris is managing his time. Listen and learn! If you want more Christopher, follow him on: Instagram: https://www.instagram.com/10minutetrading/ Twitter: https://twitter.com/10minutetrading If you want more of me, subscribe to this show where ever you're listening. Follow me on... Instagram: @MichaelGLamothe https://www.instagram.com/michaelglamothe/ Twitter: @MichaelGLamothe  https://twitter.com/MichaelGLamothe StockTwits: MichaelGLamothe https://stocktwits.com/MichaelGLamothe YouTube: Marawealth https://www.youtube.com/channel/UCwx53FtzoWtVn0sN65WolpA?view_as=subscriber

I've been toying with the idea of trading Forex for a while. Who better to bring on than our good friend Jason Graystone from Tier One Trading?  In this episode Jason and I get into the parts of trading stocks that can be applied to trading forex. Everything from looking for patterns and identifying confluence, to managing risk throughout the life of the trade. And of course MINDSET! We go through the common areas where traders looking to make the transition get tripped up and how to avoid them. I hope you enjoy this episode as much as I did! If you want more Jason, follow him on: Instagram: https://www.instagram.com/j_graystone/ Twitter: https://twitter.com/JasonGraystone And check out the Forex Courses, Coaching, and Community on https://tieronetrading.com/ You can follow me on Instagram: @michaelglamothe https://www.instagram.com/michaelglamothe/

Hope, fear, and greed are the 3 biggest hurdles traders face. They're also some of the biggest hurdles when coming to a new country or adapting to a new culture. Adriana Forex tackled all 3 simultaneously! She moved from Colombia to Miami and needed to learn the country, the culture, and how to generate a consistent income to help her & her husband live their best lives. Your environment matters. Adriana prioritized it and within 10 months she was creating a steady income from her trading. Keeping it light, Adriana and her husband still occasionally compete with one another for who can rake in the most profits.  There are many gems in this episode. If you found value in it, please give it a rating and drop a comment! Follow Adriana on Instagram at @adriana.forex https://www.instagram.com/adriana.forex/ You can follow me on Instagram: @michaelglamothe https://www.instagram.com/michaelglamothe/

Rique Bentley knows focus. As a linebacker at Missouri State he ate, breathed, and slept football. Partially through his college career, he left that world behind to learn about trading and hasn't looked back. I found it interesting that many of the lessons Rique learned on the football field were able to be applied to the world of trading.  One example that would have straight up helped me is having the default mindset of getting coaches & mentors to be successful at this game. Plus having the ability to quickly discern who is for real and who isn't.  There are many gems in this episode. If you found value in it, please give it a rating and drop a comment! Follow Rique on Instagram at @riquebentley:  https://www.instagram.com/riquebentley/ You can follow me on Instagram: @michaelglamothe https://www.instagram.com/michaelglamothe/

From only having $19 left to his name, to finding trading success and living financially free, Hansome Kelly is a Forex Trader who has been through it all and has popped out the other side. His mission now is to help forex traders avoid the pitfalls that he fell into. Learn how to manage risk. Overcome credit debt. And live financially free. Follow Hansome at https://www.instagram.com/hansomekelly_/ Check out his website at: https://www.hansomekelly.com/ I hope that you enjoy this episode. If you do, please give it a rating wherever you're listening to it and drop a comment! You can follow me on Instagram: @michaelglamothe https://www.instagram.com/michaelglamothe/

Riz is the Founder of @rizinternational https://www.instagram.com/rizinternational/ He started with $5k and became a multi-millionaire trader by the age of 22. He founded Riz International in 2012 and founded hedge fund for accredited investors in 2017. He's also an avid motorcyclist. Here he shares the story of how he got started. How he bought, held, and averaged down on consumer staples in 2007-2008 and made a small fortune doing so. The mistakes he made along the way and the many lessons learned. I hope that you enjoy this episode. If you do, please give it a rating wherever you're listening to it and drop a comment! You can follow me on Instagram: @michaelglamothe https://www.instagram.com/michaelglamothe/

Ara is the Founder of @positivetrading https://www.instagram.com/positivetrading/ This isn't some pipe dream and you don't need to be a mathematician to be successful at trading. What you need is simplicity and to treat your trading as a business. Ara is only 25. He had a child as a teen. Dropped out of high school. And to support his family, built a construction biz from scratch and taught himself how to trade on the side. He's now a 6 figure trader. Ara trades full time and runs his biz full time. He defines "full time" as the level of income it generates. Trading can take as long or short as you want.  There's a learning curve upfront but after that, you can truly make it fit you, your lifestyle, and your personality. You can follow me on Instagram: @michaelglamothe https://www.instagram.com/michaelglamothe/

Learning a bit of everything is a HUGE MISTAKE for traders and is one of the big reasons why they lose. You want to go deep, not broad. Be the master of one thing. Akil and I discuss how to literally stack the odds of trading success in your favor. Akil Stokes is the Co-Founder of TierOneTrading.com If you want more Akil, follow him on: Instagram: https://www.instagram.com/akilstokesrtm/ Twitter: https://twitter.com/AkilStokesRTM And check out the Forex Courses, Coaching, and Community on https://tieronetrading.com/ You can follow me on Instagram: @michaelglamothe https://www.instagram.com/michaelglamothe/

Tyler is the founder of @RobinhoodGrowth https://www.instagram.com/robinhoodgrowth/ Tyler from @RobinhoodGrowth thinks differently and its lead to some massive success. A look at his IG page alone shows how he’s taking just a few grand and is achieving consistent triple digit returns with it! Tyler specializes in fundamental analysis, shorting overvalued stocks, and a Buffett-esqe long-term view. Checkout Tyler's Discord Channel: https://stockstream.tv/RobinHoodGrowth/subscribe You can follow me on Instagram: @michaelglamothe https://www.instagram.com/michaelglamothe/

Ben is the co-founder of @TradingExperts https://www.instagram.com/tradingexperts/ Early in his career he lost more than half his account on one bad trade. He learned the lessons of risk management, trading strategies, and keeping things simple & consistent the hard way. Since then he and his co-founder Sheik have benefited greatly.    Learn how you can avoid blowing you account up in this episode. How to save a bundle on your taxes w/ a simple mindset shift. And how to adopt some of the principles taught by Warren Buffett and Ray Dalio. You can follow me on Instagram: @michaelglamothe https://www.instagram.com/michaelglamothe/

Wide open Trading Q&A w/ yours truly! ;-) -Why asking 'why' often gets traders killed.   -How to start thinking like a casino instead of a gambler. -When is it time to really start stepping on the gas & make sure your account doesn't hit the wall! We answer all this and a whole lot more in this episode! You can follow me on Instagram: @michaelglamothe https://www.instagram.com/michaelglamothe/

-Why is forex a fertile trading ground? -How bigger profits can be had w/ a trading partner. -Is starting with only $300 enough? We answer all this and more with Kojo. He’s a Professional Forex Trader aiming to turn amateur forex traders pro.   You can follow Kojo on Instagram: @kojoforex https://www.instagram.com/kojoforex/

In our first episode we talk w/ Austin Silver. A Professional Forex Trader who is aiming to help new traders become self-sufficient.   You can follow Austin on Instagram: @austinsilverfx

In order to trade successfully, especially as a part-timer, you need to cut the fat and make the systems that are out there work for you. Find ways to make it fit into your lifestyle. There are loads of successful trading systems out there. The reason why traders fail is because they pick systems they think work but never consider if they can execute it or not. If you can find ways to make it work for you, you've got a shot. . . Chew on this. More winning trades can be had w/ small shifts in mindset. . Trade moving against you? Maybe that trade can be flipped. Maybe you can sell credit spreads in the opposite direction. Perhaps you may consider staggering your stop losses. . Lots of trading ideas are discussed daily on Mike’s IG Live Show “Market Mind Meals” and you are welcome to join him live (follow @michaelglamothe on IG). . The highlights are pulled and shared here. . What would you like to hear more about? Let us know and we’ll try to make it happen.

The best trades are the ones where you have the greatest clarity. Clarity comes from asking great questions. In this episode, we get into what some of these questions may look like. . . Chew on this. More winning trades can be had w/ small shifts in mindset. . Trade moving against you? Maybe that trade can be flipped. Maybe you can sell credit spreads in the opposite direction. Perhaps you may consider staggering your stop losses. . Lots of trading ideas are discussed daily on Mike’s IG Live Show “Market Mind Meals” and you are welcome to join him live (follow @michaelglamothe on IG). . The highlights are pulled and shared here. . What would you like to hear more about? Let us know and we’ll try to make it happen.

I learned a LOT the hard way. I get into some of the gory details and poor beliefs I had early on. Hopefully you'll learn from my mistakes and take the better path. . . Chew on this. More winning trades can be had w/ small shifts in mindset. . Trade moving against you? Maybe that trade can be flipped. Maybe you can sell credit spreads in the opposite direction. Perhaps you may consider staggering your stop losses. . Lots of trading ideas are discussed daily on Mike’s IG Live Show “Market Mind Meals” and you are welcome to join him live (follow @michaelglamothe on IG). . The highlights are pulled and shared here. . What would you like to hear more about? Let us know and we’ll try to make it happen.

What does your trading process look like? What’s included? What do you consider? Your answers determine how well you hit your trading goals. . . Chew on this. More winning trades can be had w/ small shifts in mindset. . Trade moving against you? Maybe that trade can be flipped. Maybe you can sell credit spreads in the opposite direction. Perhaps you may consider staggering your stop losses. . Lots of trading ideas are discussed daily on Mike’s IG Live Show “Market Mind Meals” and you are welcome to join him live (follow @michaelglamothe on IG). . The highlights are pulled and shared here. . What would you like to hear more about? Let us know and we’ll try to make it happen.