The site’s latest launch provides expert coaching from a panel of successful professional traders as part of the MIC mentorship program. Through one-to-one or group sessions, subscribers get an expert’s view of techniques to drive consistent returns in all market cycles.
More details can be found at https://myinvestingclub.com/
The announcement also details MIC’s acclaimed day trading chatroom – a busy social platform that acts as a meeting space and educational hub, connecting fellow trading enthusiasts from across the globe to swap tips and success stories.
According to The Motley Fool’s Daily Upside update, short seller fortunes are turning around in 2023. Data from S3 Partners revealed that short sellers scored $300 billion in mark-to-market profits last year – a large four-fold increase since 2018. Meanwhile, Forbes has published a list of ‘short squeeze’ stocks to watch this year including those from Dillard’s, Murphy USA, and Wolfspeed.
While the short squeeze phenomena can be lucrative it also carries a high level of risk – a hallmark of all short selling strategies. To this end, MIC arms its members with a range of risk management strategies to keep losses to a manageable level. By adhering to guidelines such as the 1% Risk Rule – never committing more than 1% of one’s total trading account to a single trade – traders ensure they retain the capital to stay in business.
Mentoring sessions also cover topics such as fundamental and technical analysis, hedge fund strategies, SEC filings, broker regulations, margin accounts, and trader psychology. The panel of experts is available seven days a week and these private sessions are augmented by weekly webinars featuring live market recaps, regular Q&As, and daily trading blueprints as an effective alternative to alerts.
A spokesperson says, “Losses are part of the business. You have to be okay with losing if you want to win. If you lose money, your goal the next day is to show up and be green. Even if it’s $1. Trading is a game of confidence.”
For more information, go to https://myinvestingclub.com/
My Investing Club
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Smart Herald journalist was involved in the writing and production of this article.