Day Trading Mentorship Program For Beginners: Risk Management Lessons Updated
The recently updated mentorship program is designed for beginners looking to learn the intricacies of day trading from experienced traders. Members of the community have access to training materials on technical analysis, short selling, hedge fund strategies, risk management, and other useful information.
For more information, visit https://myinvestingclub.com
The announcement responds to the growing popularity of day trading in the US. MIC explains that while the returns of day trading may not be equal to those of long-term investments, day trading makes up for it in terms of consistency and liquidity – traders can trade other stocks anytime because their funds are not held up in a long-term, slow-moving investment.
MIC membership includes a one-on-one mentorship program where beginners are paired up with successful traders who will give them specific advice and constructive criticism on their trading strategy. They will also provide their mentees with a trading blueprint, which has pre-planned price levels, entries, exits, and stops that professionals use to make stock picks. The blueprints are sent every day before the market opens, giving the mentees enough time to prepare their trades for the day.
The online trading community allows members to have unlimited interactions within the website. Members can also access helpful resources on various topics, one of the recent additions being risk management training.
Risk assessment is the process of analyzing all the angles that may lead to the loss of an asset or depreciation in the value of a stock. MIC’s mentorship program teaches traders to create a risk profile that will determine the return that they can expect from a particular stock. That information, in turn, will help them decide whether or not it is worth buying.
“Our mission is to mentor and guide as many people as possible to become consistently profitable day traders. When we first started, we wished there was someone to help us. MIC was created to arm traders of all levels with all the necessary tools to achieve success and total financial freedom,” a company representative said.
MIC also regularly releases podcast episodes where members share their experiences and tips. In one of the recent episodes, Stefan, one of MIC’s members, shares how his “emotional” trading resulted in large losses and which strategies helped him to recover and become a successful trader.
More information is available at https://myinvestingclub.com/how-stefan-recovered-from-a-180000-loss-found-consistency-trading-stocks
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