New MIC members now have access to a broader range of day trading-related topics, including earnings analysis and long-biased trading strategies. Aside from joining the chatroom, they can also sign up for a one-on-one membership with one of the platform’s seasoned day traders.
For more information, visit https://myinvestingclub.com/
MIC’s goal is to help beginners flatten the learning curve through education and a supportive peer community. As one of the biggest hurdles new traders face is finding someone who can clarify the issues that they encounter as they start their day trading career, MIC was created to provide resources and mentors who are easily accessible to traders of all levels.
MIC teaches students how to do earnings analysis, which is the best way to check a company’s financial health. By understanding a company’s earnings reports, cash flow statements, and balance sheets, traders can see if the company is set to increase in value or not. Further, monitoring up-and-coming companies will enable traders to buy while the stock prices are relatively low.
Long-biased trading is often the recommended approach for beginner traders, explains MIC. As the maximum amount that can be lost on any position is only what was invested, long trading allows beginners to gain experience while mitigating risks.
Being part of the trading community gives students the opportunity to see how professional traders analyze and choose their stocks. A trading blueprint with pre-planned price levels, entries, exits, and stops is also provided to help beginners choose their trades. Mentors are available to answer any questions about the stock picks listed in the blueprint and to help students better understand the market.
About ‘My Investing Club’
Founded in 2018 by a group of professional day traders, MIC has grown into a thriving day trading community with over 2,000 active members in their chatroom.
“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,” said MIC co-founder Alex Temiz. “It is our mission to mentor and guide as many people as we can to becoming consistently profitable day traders.”
More information is available at 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 Bengaluru Bytes journalist was involved in the writing and production of this article.