Day Trading Mentorship With Risk Management, Successful Trader Network Updated
The latest launch from ‘My Investing Club’ (MIC) sees it roll out an expansion of its risk management tutorials and one-to-one support sessions for its growing subscriber base. The platform is built around its thriving chatroom – a busy social hub that provides a space for like-minded day trading enthusiasts to meet and share success stories and tips with one another.
More details can be found at https://myinvestingclub.com/
The announcement underlines MIC’s reputation as one of the most innovative learning hubs on the web today. Thanks to its state-of-the-art learning management system, members can access an exhaustive collection of trading education resources – on demand and from anywhere in the world. MIC already has over 2,000 active members.
Risk is an inevitable part of a trading career but various strategies can be adopted to limit the scale of one’s losses in the stock market. While market volatility presents a lucrative opportunity for day traders, rapid fluctuations in prices can also decimate a trading account.
MIC subscribers are taught a variety of approaches to limit risk. These include setting stop-loss orders, diversifying one’s portfolio, and avoiding over-trading by sticking to a prescribed trading plan. The mentoring panel also shares methods such as the 1% Risk Rule, which states that a trader should never commit more than 1% of their account on a single trade.
Other topics covered as part of the mentorship program include momentum, range, breakout, and news trading techniques as well as practices such as scalping. Subscribers are also taught the essentials of finding the right broker and why correctly calculating the relevant commissions and fees payable has a significant impact on profit generation.
Risk management also entails developing the necessary analytical skills to make smarter trading decisions. Mentorship subscribers get the chance to learn technical and fundamental analysis methods to better inform their intraday strategies.
Mentors are available seven days a week via voice call or direct messaging and the subscription fees start at $3,995 for the year with a lifetime membership option also available upon request.
A spokesperson says, “The biggest shortcut to success in any field is through 1 on 1 mentorship with those who are exceptional. Because we truly want our members to succeed, we offer this on an unlimited basis.”
For more information, go to https://myinvestingclub.com/
My Investing Club
979 Story Road
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Research Raptor journalist was involved in the writing and production of this article.