Expert Live Day Trading Mentorship & Chatroom For Struggling New Traders Updated

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A popular education hub for aspiring day traders announces updates to its live trading coaching services and mentorship program.

Following the recent announcement, ‘My Investing Club’ (MIC) offers beginners a proven system to make a profitable start to a career in the stock market. While the platform offers paper trading as a way to learn the basics, the coaching team advocates for a live trading approach to truly understand how the market behaves as a whole.

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The expansion underscores the commitment of MIC founders Alex Temiz and Bao Nguyen to provide a new generation of traders with expertise and innovative educational resources, helping amateurs find consistency in all cycles of the market. Through its flagship mentoring program, members can learn firsthand from a panel of seasoned, professional traders, ask questions, and have their trades reviewed.

According to Investopedia, paper trading is a simulated market environment in which students can learn some of the basics of stock market practice without risking any actual capital. While it can improve insight and broaden skill sets for beginners, it can also teach bad habits. For example, because no real money is at stake, paper traders are more likely to take bigger risks which, in the cut and thrust of the real markets, could spell financial disaster.

By encouraging members to take a live trading approach to their learning, MIC helps expedite the learning curve for both new and more experienced traders. Paper trading does not account for the market’s impact on individual securities. MIC’s live trading ethos shows how broader market conditions contribute to the success or failure of a particular trade rather than just the position itself.

Subscribers can access the platform’s weekly webinar series which features live market recaps from the mentoring panel. One-to-one or group sessions with an assigned professional trader give members in-depth teaching on a variety of technical and fundamental approaches.

Other MIC features include daily trading blueprints and access to its state-of-the-art learning management system. All webinars and tutorials are recorded and stored in a large video encyclopedia, covering every topic relating to intraday practice.

A spokesperson says, “Our members can have one-on-one conversations in our chat room with other moderators as well as phone calls to discuss their strategies, key indicators, and levels, and most importantly, how to improve on the next trade.”

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