The market just took a nosedive—and if you're feeling rattled, you're not alone.
In this episode of Trader’s Mindchat, Mike Lamothe breaks down exactly how to reset after a rough week, whether you were sidelined in cash, caught off guard, or trying to short into the chaos. Drawing from over two decades of experience, Mike walks through his personal process for managing risk, interpreting warning signals, and staying mentally sharp—even when the market gets ugly.
This isn’t about predicting the bottom. It’s about building a repeatable process that keeps you in control. If you’ve ever felt the urge to tweak your system without real data, or trade just to “do something,” this episode is a must-listen.
Key Takeaways:
The two types of traders market drops reveal
Why Mike went to cash before the big selloff—and how his system signaled it
How to evaluate your last 10 trades and uncover where your edge may be slipping
The 5-part formula to rebuild confidence and consistency in your trading
Tools and mindset shifts for auditing your setup, emotions, and execution
Plus: Mike shares a live trade breakdown on ALHC, and how seven “danger signals” helped him lock in profits before the reversal.
🛠️ Get the free Position Size Calculator: marawealth.com
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#tradingpsychology #tradereducation #stockmarketstrategy #mindsetmatters #riskmanagement #tradingreset
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