049 - 5 Ways to Navigate a Choppy Market for Swing Traders! (TMC Show)

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The Trader's Mindchat Podcast

Business


Everyone says Beware Choppy Markets! However, as a beginner swing trader, you may not even realize they are in a choppy market until it’s too late. On today’s Trader’s Mindchat Show episode, you’ll learn how to PREPARE YOURSELF when trading in a choppy market so that you don’t give back all your profits in 5 Key Steps! Mike discusses each of the 5 Key Steps on how best to navigate a choppy market on today’s episode (with some fun PIXAR movie analogies to help it sink in): TIMESTAMP 1) Take Profits Faster 1:41 2) Awareness   2:09 3) New Highs vs. New Lows   4:07 4) What Setups Are Available  6:40 5) How do These Setups Perform 9:38 And, Melissa is keeping her promise (and no it’s not the Chop Dance Video…though that may be coming soon. LOL)! Here are some additional educational YouTube video links to help you continue on the path to trading success. Check out: Power Play Chart Patterns: https://www.youtube.com/watch?v=6m-HqceGGpk A Guide to Understanding Basic Chart Patterns: https://www.youtube.com/watch?v=5ZRz9x0j6z0 And this topic plus so much more are discussed in the MARA Elite Discord chatroom. Find out more about how to join the discussion by checking out the Elite membership today! Click here to learn more: https://www.marawealth.com/membership/ #tradersmindchatshow #choppymarket #swingtrader #stocktrader #tradingcoach #beginnertrading #tradinghelp #tradinghelpforbeginners WHAT IS The Trader’s Mindchat Show??? Wealth is a journey, and this show is your Jumpstart to Trading Success! Hosted by MARA founder and top trading mindset coach Michael Lamothe and his wife, author Melissa Kuch Lamothe, together they will discuss the full spectrum of ways to improve your trading and your life. Joined by expert guests to help YOU trade like the Pro’s, revamp your mindset, balance life, family, and trading, & improve health & wellness. Connect with us on: • Website: https://marawealth.com • Instagram: https://www.instagram.com/michaelglamothe • Twitter: https://twitter.com/MichaelGLamothe • YouTube: https://www.youtube.com/marawealth • StockTwits: https://stocktwits.com/MichaelGLamothe • Facebook: https://www.facebook.com/MaraWealth/ • LinkedIN: https://www.linkedin.com/in/michaelglamothe