Most traders don’t fail from laziness or lack of effort—they get stuck because they’re missing structure. In this raw, reflective solo episode, Mike Lamothe shares how a single unplugged day led to rebuilding his full trading operating system—and the five core systems that now guide every decision he makes. From entries to resets, risk control to spiritual alignment, Mike walks you through how to run your trading like a true business—grounded, intentional, and conviction-led. Here’s what you’ll ...
Jun 22, 2025•25 min
Most traders talk about using AI for signals or algos — but what if it could actually help you think better and build a serious trading business? In this episode, Mike Lamothe shares how AI, used the right way, can clarify your strategy, refine your risk plan, and turn vague goals into a professional-grade trading system. Whether you’re just getting started or tightening up an existing plan, this one’s packed with breakthroughs. ✅ What separates a trading hobby from a trading business ✅ The most...
Jun 16, 2025•40 min
Life pressures don’t pause for the market — and they don’t pause for your trading either. In this episode, Mike shares real-time lessons from his own season of high pressure and walks through how to protect your clarity and discipline when stress tempts you to force trades or abandon process. You’ll learn how to spot the 4 traps that sabotage traders under pressure — and how to stay grounded through it all. Key takeaways: Why overtrading, oversizing, and system-hopping become seductive when life...
Jun 07, 2025•33 min
Ever felt like your results just don’t match the effort you’re putting in? You’re not alone — and you’re not broken. In this episode, Mike breaks down the three most common system leaks he sees in part-time traders... and how to seal them without starting from scratch. These are the gaps that quietly drain performance, wreck consistency, and chip away at your confidence — but once you spot them, everything begins to shift. Here’s what we cover: Why not having a written business plan keeps you st...
Jun 01, 2025•32 min
Ever been blindsided by a headline that wrecks a perfectly good trade? You’re not alone — and more importantly, you’re not powerless. In this episode, Mike returns with a timely deep dive into how traders can hold their emotional ground when the market feels irrational. Because here’s the truth: the market doesn’t owe you logic. If you’ve been following your rules, seeing gains, then suddenly watching it all unravel due to volatility, this episode will help you pause, protect, and plan forward w...
May 23, 2025•32 min
Most traders think their next breakthrough lies in a better setup or more screen time—but what if the real upgrade needed is internal? In this episode, Mike Lamott introduces The Mindset Shift Curve , a simple but powerful framework to help traders recognize where they truly are in their trading journey and what they need to move forward. Through personal stories, client examples, and actionable steps, Mike walks us through the four essential phases: Frustration, Awareness, Integration , and Flo...
May 10, 2025•32 min
Welcome back to the Trader’s Mindchat Show! After a short break, we’re diving into one of the trickiest spots for traders: when the market finally starts moving—but your setups aren't quite there yet . In today’s episode, I’m sharing real talk about the emotions that come up when you’re sitting in cash, watching green bars fly by. We’ll walk through how to handle those tough moments without falling into FOMO or second-guessing your plan. Here’s what we’re covering: Why the “tease phase” is one o...
Apr 25, 2025•35 min
Feeling stuck in cash and second-guessing your edge? You're not alone—and you're definitely not doing it wrong. In this episode of The Trader’s Mindchat Show , Mike Lamott tackles one of the toughest phases in trading: sideways, choppy markets that can shake even the most seasoned traders. Mike shares a powerful mindset shift that’ll help you stay confident even when your system isn’t firing, and he introduces a simple, effective framework—the Three Lenses of Market Readiness —to help you know e...
Apr 12, 2025•27 min
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 ...
Apr 05, 2025•56 min
Struggling to get consistent results in your trading? In this episode, Michael Lamothe breaks down The Trading Success Blueprint — a 4-part system to transform your trading hobby into a real, scalable business. Whether you're just starting out or stuck in a cycle of inconsistency, this framework will help you create a trading business plan with real structure, purpose, and profit potential. 🧠 What You’ll Learn: Why most traders fail — and how to avoid it How to define your trading philosophy an...
Mar 30, 2025•35 min
Most traders don’t struggle with spotting setups—they struggle with pulling the trigger . In this episode, we dive deep into the power of execution through the real trades of two Accelerator members, Miguel and Caleb, who made massive progress using surprisingly simple techniques. ▶️ Inside the episode: How Miguel doubled his trade overnight using a volume-price trick in $HOOD Why declining volume gave him the confidence to short—and how it led to a +100% gain A trade in $IWM that followed a nea...
Mar 22, 2025•18 min
When should you sell? It’s one of the most important (and toughest) questions traders face. In this episode, we break down four essential exit strategies to help you manage losses, lock in profits, and stay in control of your trades —no matter what the market throws your way. 🔹 Stop Losses: Why defining your exit before entering a trade is crucial. 🔹 Profit Targets: How to set multiple sell points to maximize gains. 🔹 Backstops: Adjusting your stop-loss as the trade moves in your favor. 🔹 Da...
Mar 19, 2025•35 min
Ever exited a trade, only to jump back in and watch your profits disappear? You’re not alone. Overtrading due to FOMO, revenge trading, and emotional decision-making can wreck your success in the market. In this episode, we break down: 🔥 The biggest mistakes traders make when re-entering trades 🔥 A 3-step process to stop overtrading and protect your gains 🔥 How to track your trades and build a plan that actually works If you’re serious about improving your trading discipline, this episode is ...
Mar 08, 2025•20 min
Want to catch the next big stock breakout? In this episode of Trader’s Mindchat , we analyze Netflix’s massive 330% run since 2022 and break down key trading insights from its past moves. Discover why studying model stocks can sharpen your strategy, how to spot early buy signals, and when to take profits before momentum fades. Key Takeaways: 📈 The power of studying past model stocks for future gains 🔍 How to identify strong breakouts and low-risk entry points 📉 Signs that a stock’s run is los...
Feb 22, 2025•33 min
Is the market setting up for a massive bull run, or are we looking at another fake-out? Smart traders know that not all breakouts are created equal—and jumping in too soon can be costly. In this episode of Trader’s Mindchat , we break down: ✅ Key confirmation signals to identify real market strength ✅ Time-saving analysis for part-time traders ✅ How to assess market trends quickly using multi-timeframe analysis ✅ Managing risk while positioning for high-upside trades We also take a deep dive int...
Feb 16, 2025•34 min
Earnings season can be a rollercoaster—so how do you prepare for potential drops and protect your portfolio? In this episode of Trader’s Mindchat Show , we break down how to analyze past earnings moves, identify key support levels, and determine whether it’s worth holding a stock through earnings. Using Decker’s (DECK) and Palantir (PLTR) as case studies, we explore: 🔹 How to assess past earnings trends for better decision-making 🔹 The importance of having a profit cushion before earnings 🔹 W...
Feb 09, 2025•20 min
In this special Q&A episode, we dive deep into the biggest challenges traders face when trading growth stocks. Whether it’s knowing when to exit, holding through a stock’s full run, or managing market volatility, we cover practical strategies to help you stay in control of your trades. Key Takeaways: The psychology behind holding a winning trade and when to lock in profits How to handle market volatility and avoid getting shaken out Position sizing techniques to minimize risk and maximize ga...
Feb 02, 2025•34 min
Feeling overwhelmed as a part-time trader? You’re not alone! In this episode of the Trader’s Mindchat Show, we dive into the key steps to build a simple, effective trading routine that aligns with your lifestyle and goals. Key topics include: ✔️ How to identify your "happy zone" in trading (inspired by Ted Williams). ✔️ Why most part-time traders fail—and how to overcome these common pitfalls. ✔️ The power of a model book to simplify your strategy and reduce stress. ✔️ How to flip through charts...
Jan 25, 2025•31 min
What can Jesse Livermore, one of history’s most famous traders, teach us about trading psychology, discipline, and the perils of over-leverage? In this episode, we explore the highs and lows of Livermore’s trading journey—from turning a $5 bet at 14 into a $100M fortune (equivalent to nearly $2 billion today) to his repeated financial collapses. Key takeaways include: The Importance of Risk Management : Avoiding the devastating effects of over-leverage and maintaining a disciplined approach. The...
Jan 17, 2025•42 min
Ever wondered how hedge funds, mutual funds, and big institutions move billions in the markets—and why their strategies don’t work for individual traders? In this episode of Trader's Mindchat , we dive deep into the game-changing insights that will help you trade smarter, not harder. Learn why mirroring the "big players" might be costing you profits and discover a streamlined approach for part-time traders to ride their coattails without the institutional baggage. Here’s what you’ll learn: Key I...
Jan 12, 2025•37 min
Happy New Year and welcome to 2025! 🎉 In this episode, we dive deep into the top trading lessons from 2024 and how they can sharpen your strategies in the year ahead. Learn how to recognize market cycles, optimize your exposure, and avoid common pitfalls like overconfidence and distraction. 🔑 Key Takeaways: The power of progressive exposure : Betting bigger when trades are working and scaling down when they’re not. Recognizing market cycles and using data-driven tools to identify winning trade...
Jan 04, 2025•47 min
Feeling overwhelmed by too many trade setups? In this episode of the Trader’s Mindchat Show, Mike dives into the art of staying disciplined and avoiding the pitfalls of overtrading. Learn actionable strategies for filtering trade opportunities, narrowing down action lists, and setting alerts to maintain focus. Mike also explains how to anticipate choppy market conditions and use proper risk management techniques for more consistent results. Key Takeaways: Filter Your Trades: Build a universe lis...
Dec 29, 2024•25 min
In this episode of Trader's Mindchat Show , I walk you through the exact trading routine that helped me avoid the latest market drop, lock in substantial gains, and keep my capital ready for the next big opportunity. Whether you trade part-time or aspire to, this routine can save you time, reduce stress, and improve profitability. You'll learn: How a 30-minute stock screening process filters out market noise. Why consistency in your routine is key to trading success. Tips for analyzing stock per...
Dec 20, 2024•58 min
"After a year where I’m up nearly 200%, I break down the key trading lessons learned in 2024 and share the strategies I’m using to prepare for 2025. This episode dives into the power of post-analysis, the setups that worked, the ones that didn’t, and how I’m fine-tuning my approach for the year ahead." Key Takeaways: The importance of post-analysis in refining your trading strategy Which setups led to success and which ones missed the mark How to plan effectively for 2025 based on lessons from 2...
Dec 13, 2024•56 min
Try DeepVue: https://deepvue.com?aff=674dfb0d In this episode of Trader's Mindchat , we dive into the exciting world of AI-related stocks. Learn how to identify the hottest AI-centric opportunities and create a robust watchlist using tools like Grok and Deepview. Discover key strategies to time your trades effectively and avoid common pitfalls, like chasing overextended stocks or trading without a clear plan. Key takeaways include: A curated list of 28 AI-focused stocks to watch right now. How t...
Dec 06, 2024•39 min
In this episode of the Trader’s Mindchat Show, host Michael Lamothe dives into the art of knowing when to ramp up your trading in a hot market and when to pump the brakes. With markets in an uptrend but showing signs of pullbacks, Michael addresses a common struggle for traders: balancing the urge to lock in profits versus letting trades run, all while managing the fear of losing gains. Key takeaways include: How to assess market mood and identify ideal conditions for aggressive trading. The imp...
Nov 27, 2024•44 min
Are vague trading definitions costing you more than you realize? In this episode, Mike dives into the hidden dangers of following poorly defined trading strategies and why they keep newer traders stuck in a cycle of frustration and losses. Learn how to create crystal-clear setups, define your trading approach, and focus on what truly drives results. Key Takeaways: Why vague trading advice leads to costly mistakes. How clarity in your setups can grow your trading account. A step-by-step template ...
Nov 17, 2024•43 min
In today’s Trader’s Mindchat, we dive into the intense market landscape post-election and explore if we’re experiencing euphoria and parabolic moves you should sell into. With major indexes seeing massive price gains, including Tesla’s breakout and the Russell 2000’s strong recovery, it’s time to ask: is this the start of something big or a signal to sell into strength? Mike addresses key questions from traders on recognizing market cycles, balancing momentum with caution, and making the most of...
Nov 08, 2024•52 min
Ever feel like your trading strategy has become a complicated Frankenstein monster? In this episode, Mike explains how trading plans that start simple can spiral out of control. Learn how to simplify your approach, eliminate unnecessary complexity, and refocus on what really works. Mike also shares exercises from his book The MARA Mindshift Guide to help you explore your beliefs and uncover your deeper motivations, key steps to building a sustainable trading mindset. Key Takeaways: Why "keeping ...
Oct 29, 2024•44 min
Have you ever been tempted to jump back into a trade after a loss, hoping to reclaim what was lost? You're not alone—this is a classic pitfall known as revenge trading. In today’s episode, Mike Lamott dives into why revenge trading happens, how to spot the subtle signs, and practical methods to break free from this destructive cycle. Discover actionable tools like the “kill switch” strategy, pattern-interrupting questions, and effective journaling techniques that can turn your trading decisions ...
Oct 26, 2024•41 min