My Investing Club has launched a long bias trading mentorship program with live market recaps for traders who want to be consistently profitable.
The new mentorship program is designed for traders who want to diversify and protect their portfolio but still remain flexible enough to short certain stocks when the market demands it. The program is taught by experienced traders who will conduct live market recaps with their students to help them understand the market better.
For more information, visit https://myinvestingclub.com/chatroom
The announcement coincides with a Barclay Hedge article about long bias trading. According to the report, although day traders can do well with short selling alone, going long on stocks – buying and profiting when the value increases – remains a fundamental strategy to diversify trading strategies and increase the chances of success.
‘My Investing Club’ explains that a long bias is a hedge fund strategy that requires traders to hold long and short positions, with long positions taking more than 40% of the trader’s available funds. This strategy ensures a balanced portfolio and helps traders – beginners in particular – become accustomed to the fundamentals of day trading and discover a strategy that works for them in the long run.
Long bias trading has several benefits for day traders, explains the company. The biggest advantage is higher returns when select industries go up – and with funds invested in smartly selected high-value stocks that might be currently undervalued, the potential for profit is significant.
Another benefit of long bias trading is the lower level of gross leverage that is required to maintain the fund. ‘My Investing Club’ explains that leverage, or the amount of debt or borrowing that a trader needs to do to grow capital, is lower on long positions because they harness the natural increase in the market.
A combination of long and short trading strategies is essential for day traders, says MIC co-founder Alex Temiz. With expert mentorship and the chance to have their questions answered in a supportive, growth-oriented community, beginner traders joining the MIC will be in a better position to learn and grow.
“Two of the biggest hurdles aspiring traders face are not having their questions answered in their current chatroom and not having them answered by experienced mentors,” says Alex. “Our mentors answer questions quickly and thoroughly to keep our members advancing rapidly, not stalling out.”
More information is available at https://myinvestingclub.com/chatroom