Beginner Friendly Trader Chat Room: Mentoring/Coaching Trading Platform Updated
The enhanced service offers a wide selection of on-demand video training modules, covering beginner topics, such as fundamental analysis and understanding SEC filings. Members also have access to unlimited 1-on-1 mentorship, a 24/7 community chat room, and daily trading blueprints, all designed to complement the video self-learning modules, as well as offering additional support and encouragement.
More details can be found at https://myinvestingclub.com
MIC points out that many beginners quit before they have an opportunity to learn more advanced techniques, and the latest resources are designed to accelerate the learning process. The platform now supports a rapidly growing community of over 2,000 active members, with many stating that the proprietary processes have helped them become consistently profitable.
According to statistics reported by Traceciety, 40% of day traders give up within one month, 80% quit within the first two years, and only 7% remain after five years. Such high turnover likely contributes to the equally high rates of day traders who report losses, which vary depending on the source, but range from anywhere from 80% to 95%.
MIC states that, with fundamental analysis skills and repeatable processes, more beginners can avoid the losses that would otherwise cause them to cease trading. The community’s latest training tools demonstrate how to read daily market chart patterns and therefore make more informed decisions.
“It took us a combined 15 years of trial and error, and tens of thousands in tuition (losses) paid to the market before we found consistency,” the company’s founders explained. “In 2017, we decided it was time to take it to the next level and help as many traders as possible become consistent and profitable. We’re setting the gold standard for what professional mentorship and education should be for day traders.”
Now supporting members from around the world, MIC continues to expand its educational resources in support of an increasingly diverse network of day traders. As part of ongoing additions, the platform now offers a regular podcast series, covering the stories of community members and current trends in the market.
“Our latest episode dives into market trends and strategies you need to know from the rise of ChatGPT,” the podcast host explains. “We detail the impact AI is having on the industry, including the overall performance of large cap and small cap markets.”
Interested parties can find more information by visiting https://myinvestingclub.com/how-to-use-ai-to-get-rich-in-the-stock-market/
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Herald Port journalist was involved in the writing and production of this article.