The MIC mentorship program, designed to help beginner day traders start their careers, now includes lessons on fundamental analysis. By looking at the fundament metrics of a company – such as annual and quarterly earnings, total value of their assets, and potential for growth, beginners can make more informed decisions and avoid some common day trading mistakes.
For more information, visit https://myinvestingclub.com/
MIC’s mentors are successful traders with plenty of experience in the stock market. Members who sign up for the mentorship program will have unlimited interaction with these industry experts over voice chat and direct messages. This is usually a consulting service that is charged by the hour, but MIC offers it as part of their all-inclusive mentorship package.
Aside from the direct interaction with the mentors, MIC students also get a trading blueprint, which contains pre-planned price levels, entries, exits, and stops – identical to what professional traders use to plan their stock picks.
MIC mentors teach students how to do fundamental and technical analysis. Fundamental analysis is used to assess the stock’s intrinsic value. By determining whether a stock is undervalued or overvalued, traders can then decide whether it will perform well in the current market conditions.
“We have created a video encyclopedia for day trading. We have video lessons on every single aspect of trading, so when you need to learn something, you have multiple lessons from multiple mentors on that very topic. Nothing in trading education history cuts down the learning curve like this,” a representative said.
About ‘My Investing Club’
Founded by millionaire day traders, Alex Temiz, Bao Nguyen, and Tosh Bradley, MIC offers a supportive community and comprehensive educational resources for aspiring traders of all levels. Their community chatroom currently has over 2,000 members – and they often share their experiences on the MIC podcast.
In one of the episodes, co-founder Alex Temiz was asked how he deals with performance anxiety. He explained, “The way that I deal with it is I try to trick my brain. And I tell myself that, if I have a bad day, the members will appreciate me losing money more than me making money, not because they want to see me lose, but because it makes me more human, because they can relate to me more and because there’s a lesson there.”
More information is available at https://myinvestingclub.com/how-alex-made-1000000-in-one-week-of-trading-amc-gme-meme-stocks/
My Investing Club
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Bengaluru Bytes journalist was involved in the writing and production of this article.