Risk Management For Beginner Day Traders: Training & Education Chatroom Update
Turmoil in the banking sector and the latest Fed rate hike are having a fallout effect on the markets, with beginner day traders – a notoriously vulnerable category during periods of high volatility – at increased risk, says MIC co-founder Alex Temiz. MIC is now expanding its resources to meet the growing demand for risk management training, offering members access to a supportive Slack chatroom, an extensive video lesson library, and one-on-one mentorship under the guidance of experienced traders.
More details can be found at https://myinvestingclub.com
Factors such as one’s risk appetite, trade risk-reward ratios, long-tail risks, and black swan events are essential for any day traders – but they may be confusing or even completely unknown to most beginners, says Alex.
Expanding on the vast MIC library, the platform is now offering new video lessons on the fundamentals of risk management. Members looking for hands-on training and expert answers to their questions can also explore the MIC Slack chatroom – an organized interactive space allowing new members to connect with peers and mentors, access discussion forums, and fine-tune their strategies based on the newly-learned concepts.
Mentorship options, weekly webinars, and various courses complete the MIC educational packages, offering beginners access to an all-in-one platform to improve their understanding of the fundamentals and make better, more informed decisions.
MIC was founded in 2018 by experienced traders Alex Temiz, Bao Nguyen, and Tosh Bradley, and has since helped thousands of beginner day traders master the fundamentals and transition to day trading as their full-time job. The community’s focus on practical training adapted to the realities of the modern market has also earned it a strong following among traders of all experience levels.
“Mainstream trading education often teaches good people terrible trading habits and as a result, they never really get a fair shot at making it as traders,” said Alex. “We set out to change that by offering people a real, professional day trading education and in doing so build the benchmark trading community for consistently profitable traders.”
Interested parties can find more information at https://myinvestingclub.com
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Times of Chennai journalist was involved in the writing and production of this article.