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Risk Management Chat Room For Day Traders, Mentoring/Coaching Platform Updated

The latest launch provides subscribers with a range of strategies to mitigate the financial risks of stock market trading. MIC’s training model includes access to a global community of trading enthusiasts via its proprietary chatroom alongside its acclaimed mentorship program and weekly group coaching sessions for members.

More details can be found at https://myinvestingclub.com/

The announcement underlines why MIC is emerging as one of the web’s leading resources for beginner, intermediate, and experienced traders alike. Successful day trading requires precision and skill that can only be learned through real-world practice. The platform helps subscribers acquire skills that help to offset the inevitable risks of a career in the intraday stock market.

Most day trading beginners launch their careers with only a small account – a limited pool of capital that needs to be used wisely to ensure that enough remains to offset inevitable losses. MIC mentors pass on their experience to members about how best to set up and plan trades including employing the 1% risk rule. This states that one should never trade more than 1% of an account value on a single trade and gives small accounts the same level of protection as their larger counterparts.

Other risk management approaches include using techniques like fundamental analysis to gauge the true market value of a stock and account for factors and researching a company’s past performance to assess the suitability of an asset for day trading purposes.

MIC’s mentoring panel gives members the opportunity to learn from elite-level traders during one-to-one or group sessions. The platform also hosts weekly webinars with live market recaps and gives subscribers daily trading blueprints to aid their forays in the markets.

About ‘My Investing Club’

The platform was founded by Alex Temiz and Bao Nguyen – two professional traders who wanted to ensure that a new generation of traders had access to the kind of education that was sadly lacking when they were starting out in the stock market. The company has also recently launched a new podcast series, featuring in-depth interviews and discussions with experts and platform members. Learn more at https://myinvestingclub.com/he-found-consistency-in-6-months-day-trading-david-schwartz/

A spokesperson says, “The reason 90% of traders fail is improper education. Trading is by no means a get-rich-quick endeavor, but with proper education and hard work, it is very possible to achieve the life of freedom and abundance trading provides. Our members prove that every day.”

For more information, go to https://myinvestingclub.com/chatroom

My Investing Club

979 Story Road
STE 7078
United States

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Daily Pune journalist was involved in the writing and production of this article.