The platform’s enhanced resource library offers proprietary risk management processes developed by the in-house team of mentors. Members also have access to unlimited 1-on-1 mentorship along with a 24/7 community chat room, designed to help them understand and apply new techniques in a shorter timeframe.
More details can be found at https://myinvestingclub.com
The founders of MIC established the network with the goal of providing professional education for day traders of any level. The latest update recognizes the important role that risk management plays in helping day traders become consistently profitable.
While day trading comes with an inherent degree of risk, more experienced traders adopt a variety of strategies to minimize losses. Some techniques include limiting exposure on each trade to 1% of the total account value, using stop loss tools, understanding risk to reward ratios, and managing emotions.
With over 15 years’ combined experience as professional day traders, the cofounders of MIC state that many beginners fail because they let their emotions interfere with their decisions. The latest training modules offer a step-by-step approach to risk management and include advanced techniques for more experienced traders.
“When we first started, we had to learn everything on our own,” the company’s founders explained. “We created MIC to help new traders and struggling find success. We now offer mentorship on an unlimited basis, and our state-of-the-art learning management system has video lessons on every aspect of trading, so members can find multiple videos from multiple mentors on every topic.”
First established in 2018, MIC has grown to encompass a global member-base of more than 2,000 active participants. Reflecting the sense of community that has developed, regular in-person meetups are now held at locations across the US, Europe, and Asia.
“New traders can be green every single day just be following the MIC processes, which really emphasize risk management,” one member recently stated. “I’ve just transferred some profits to my checking account, and suddenly it all feels very real. This is a serious business.”
Interested parties can find more information by visiting 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 The Daily News Journal journalist was involved in the writing and production of this article.