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If you are new to trading, especially crypto trading, don’t go it alone. I learned this very late.

Having a mentor in trading is crucial because they provide guidance, share valuable experience, and help you avoid common mistakes. A mentor can accelerate your learning process, offer objective feedback, and help you navigate the emotional aspects of trading, ultimately increasing your chances of success.

Did you lose so much already?

But know that mentorship does not mean that you can not still lose in trading. Having a mentor can be very helpful but you also need to help yourself by knowing that trading is very risky like you are gambling. Use the amount of money that you can afford to lose to trade.

Thats right. But this isnt applicable to outside your circle cause not all will be willimg to teach without anything in return that gives full time and attention on teaching you unless they are your family member and close relative or friend. But all in all, youre right. A mentor would indeed fasten up things on trading. Luckily if you learn without any payment or compensation for the mentor, also doing it alone can cope since you can learn it yourself using materials or resources in the internet.

Beginners do need a mentor, although they don't have to be a special mentor to learn trading. It's okay to make friends a place to ask what and how to do in trading.

For beginners, it is important to make it easier for them to trade as I said above. If your financial condition is not enough to pay for a special mentor, using a platform like YouTube can also be done.
I think traders who are no longer beginners also need other people to ask about things we don't master, such as friends we know who are also trading.

Well, having a mentor is good. But, you should not rely on your mentor guide only, and don't expect your mentor to save you whenever you are going to make some mistakes. Sometimes mentors make mistakes as well. You can lose in trades due to your mentor's mistake. You can always take suggestions from your mentors, but do not apply them blindly. You should do your research before you apply any of your mentors suggestion. Having more than one mentor is good as well. Always discuss things between the mentors.

That will not easy to have a mentor in trading because you need to find someone that want to teach you everything about trading. But even if you find the mentor, you need to pay him before he start the lesson. That is something that we don't need because we can learn by ourselves with searching on the internet.

Usually, someone learn trading from his friends by asking many things about trading. But they need to learns by themselves from many sources so they can have more knowledge which will helps them to have a better skill. Besides learning trading from that sources, they need to practice the lesson so they can gets the point of the lesson.

The important thing from that is he must have patience to learn trading step by step. Learning trading is like a never end of journey except you quit trading. You must remember that learning trading needs time to have a good skill in trading.

I am also a fan of traders having mentors or going for mentorship because it actually helps to fasten your learning as you have someone breaking it down for you easily, but this days the idea of mentorship is usually even more expensive as they charge way too much and the duration for tutorship is usually not that long most at times many traders do not get value of their money. There is even a wide spread spread narrative now that this so call mentorship programs are ways that old traders milk money from the new traders, which is actually bad.

My take is Instead of going for mentorship Alone join community of traders that are active and also attend live sessions of traders that trade same strategy with you. This gives you insight on many things and also sometimes serves as motivation to keep going. But above all of this you need to understand that your personal learning is important and that’s the hardest culture to develop, so exercise learning yourself

When you are new to the trading, having a mentor is ideal because they are serve as a guide with your journey what are the dos and don'ts base on their experience and also you can get a knowledge into them and what are the different techniques and strategies, there are some people having a mentor or seeking a mentor but also there are some others who don't have and become a good trader, it seems having a mentor is a head start for those haven't understand the concept of trading and course its not free so it depends on you if you have the budget and skills. Theres a lot of information in the internet that you can test it out your trading knowledge and also we have paper trades so you can practice now its up to you where is the most convenient part.

it is also true that having a mentor will help us in the process of learning trading. Have you got a mentor now? how can you choose a mentor? do you feel the difference in the trading you do before and after you have a mentor?
I hope you share that too and maybe some members who are still learning on their own and are less successful in trading can try to find a mentor to guide them.

there is a reason why some novice traders choose to learn on their own or join a group that discusses trading. that is because it is difficult to find a mentor and maybe there is someone who offers their services to guide. it definitely costs money. something that novice traders might avoid.

Yeah as others have said, having a mentor is good especially for beginners so it's easier to ask questions than to learn by yourself.

There is nothing wrong with a mentor, when you think he has a good observation in trading then learn from the mentor, but remember they will not for you continue to be profitable in trading, you must have your own way in trading do not continue to follow the mentor what they do.

Having mentor is good in trading but you don’t follow your mentor blindly because your mentor cannot stop your losses in crypto trading because even your mentor do lose money in trading.
It is very important to also note that, having your basic knowledge and background about Bitcoin, crypto trading will help you in your trading career, then if you have a mentor who can guide you to the success by applying the little knowledge you have will be the most important factor because you can learn several things both in practical aspect, and just as you say, you will be able to limit your emotional decisions that do always lead to losses.

Having a mentor is good as you will learn faster with the process, some people to learn about trading use a mentor or hire one for beginners to understand.
But never be told to trade something altcoin directed by the mentor because he will not be able to stop the loss, still you are to blame because you are too following the mentor what he is talking about.
Unless you choose a mentor only for the learning process and understanding how to read charts, patterns, market trends then there is no problem asking a mentor or anyone else.

Yes I will confirm that everything you said is true that a beginner is advised to have a mentor when they want to enter the world of trading, you have said some right points where the point is to help a beginner to be more focused, help beginners not to do various actions that should be avoided which leads to the prevention aspect and on the other hand also helps beginners to speed up the learning process.

But of course it does not mean that you have to continue to rely on your mentor, you also need to learn new things yourself and learn to evaluate every mistake you make that causes losses, because after all a mentor only guides and directs you in the early stages of introduction. The point is to make yourself always want to work hard in learning and train your own mental and psychological, because usually for mental and psychological problems only yourself can manage and balance them.

Where did you get your mentor though? For sure he or she will charge some money from you to guide obviously. But I guess you weigh it out and so instead of losing that money in trading, you might have decided to pay someone to teach you the ins and outs of it, so good for you.

But it doesn't mean though that you will not entertain losses, if I'm not mistaken. The mentor might mitigate some risk on your end, but still I don't think that you can win 100% or all the time in trading. But there could be others here who become successful trader without mentor. They really just work hard focus on their goal, and yeah they losses money too. However, at the end of the day, it's all about experience and learning from your past mistakes to make them a better trader.

If that mentor isn’t making his money from trading, then you don’t need to listen to him because he is probably talking out of his ass.

If somebody is going to mentor me financially, he needs to be a financially successful person in the first place.

Would you buy hair growth medicine from a bald guy? :/

Thats why it would really be just that important that you do make out some research first about on your mentor whether it does really have a good track when it comes to profitability and also be sure that
those informations that you are really that getting is somewhat legit and not really that faked out specially its really that easy to get someones portfolio and pretending that you are really that a good trader on which
this is something which could really happen. This is why its really that important that you do make out that in depth research first before entrusting yourself into someone when it comes on learning trading.
Yes, it wont really be that simple as it sounds or looks but it would be better that you should be that skeptical into those possible things that could happen around. We do know that nowadays there would really be tons of pretenders just to make money or steal up something when it comes to subs fees. It might really that look impossible but there are really actually those individuals who are really that easily get fooled
and do able to believe into such claims.

I do agree on some points above that having a mentor would really somewhat fasten up the pace but still it will be all depending on how fast you would be able to adopt and absorbed all of those informations that you had get on a certain individual on which we know that not all would really be that good on having that kind of thinking that they could memorize something in a short period of time. Learning will really be also that
basing up on how a certain individual could be able to cope up those trading lessons or sessions even if they do have a mentor. Doesnt matter on which one you would really be taking as long you do
have that kind of target on learning up on trading or simply on being on the same spot.

Having a trading mentor is important for beginners to guide them in their first steps only and then they have to learn to go their own way without anyone's help. Having him in the beginning is very useful but only for a temporary period.

If you want to trade, you must learn to depend on yourself and make your own decisions and follow your own strategy. You must gain experience and skill so that you can trade alone without relying on anyone because the mentor cannot always be by your side.

If you want to get a trading mentor to teach you how to trade because you do not know how to, then that's fine, but if you think getting a trading mentor means you'll start winning in trading all the time, without losing, that is a lie. Now if you are going to pay that trading mentor, then you might be better off learning how to trade yourself, except the mentor can prove that they are a very successful trader, with a lot of successful students.

In a risky activity like trading, one who has a mentor might gain an edge in the learning process. Why? Because it will be easier for you to learn having a guidance on your side, and you will have clearer goal why you should pursue trading than just discovering it all by yourself, and you will gain more realistic actions plans that will certainly lead you in making your trades successful. Otherwise, learning trading without a mentor will be hard and stressful on your part.

99% of trading mentors out there are scams. Same for stocks. There are so many gurus out there, which show photos of themselves in Lambos and wearing Rolex, but they are pushing so hard to sell a $20/month membership. Why?

If they are making $5-10M a year in trading. Why are they wasting their time selling $20 a month memberships. Even if they get 1000 people to join and stay for an entire year. That is only $20*1000*12=$240,000. And its going to be tons and tons more work dealing with complete noobs in trading. Why not just be happy with the $5-10M out there.

Stay away from any trading guru mentors or courses. They are all scams.

This is the reason why you should be cautious when looking for a trading mentor since not all mentors are profitable, most especially for those self-acclaimed profitable mentors. And when you find one, don't rush into trusting all what he said but observe first, so that you will know if he's actually a real successful mentor or just a fake one.

And the best advice is, don't trade if you are not well ready enough. Mentors cannot guarantee for a successful trade, it's only the trader itself that will carry out the trade and it's on his hands the success of his own trade.

You can have a mentor when you are newly starting your trading journey and you can stick with your mentor until you are sure that you have become fully experience to stand on your own. Sometimes too, some persons might not really have a mentor that they can meet face to face with because they're learning from some trading materials and online tutorials, so it becomes difficult for them too.

It is good you know this now and took your time to share this valuable experience with newbies, it will help them make the right choice at the early stages before things get sour for them and realise what they should have done from the start.


Having a mentor can only help to accelerate your learning process and make you reach your target goal faster. Having a mentor doesn’t mean you’ll be successful at trading, you have to also put in your efforts to go extra mile to learn what your mentor have thought you in order to be more successful at trading. Mentor will teach you everything but they can’t teach you about emotions in trading, you’ll have to learn that yourself.

Imo, you do need a mentor for almost every endeavor in life. You do need someone to look up to in order to improve yourself to be on par on or even better than the mentor because you won't know what success is like until you see someone who is successful and learn from their ways. In trading too, it is very necessary especially when you start making lines on a chart, you need someone who has seen most it and still survived through whether the market was good or bad. That's where the concept pf mentorship in the trading space started amd it has been heavily abused in recent times.

Finding a good trading mentor is also difficult because if a mentor is not knowledgeable enough then following that mentor can backfire. Because I saw a friend of mine very confidently started trading with a mentor but he saw very bad results that caused him huge losses. So if a good mentor is not available then you have to start acquiring trading knowledge on your own so that you can make yourself an experienced trader. Trading is actually not a very easy task, it requires a lot of experience and knowledge So if you develop your skills without blindly trusting someone, then you will be able to check the instructions given by others.

While it is true that having a mentor will help you to accelerate and avoid more mistakes. Most of the mentors nowadays that are genuine are hard to find. If you go out in social media trying to find one, you'll have hard time finding a legit one because these paid gurus and mentors doesn't really have any solid trading experience. Unlike the genuine mentors, they trade for a living but those that we're seeing, they teach trading and earn a living from it.

That's many resources are there for free and all you have to do is to take your time and spend it wisely by learning it. And it's up to you as an aspiring trader whether you'll feed yourself with all of the knowledge that you'll be taking from there or because they're for free, you won't feel obliged to read and finish all of those resources you'd feel valuable if they're paid. These paid mentors are making their students cash cows and based on the feed backs that I've read, they're not worth it.

Having a mentor is good, but without having a mentor is not bad also. In fact, that will create a big challenge on your part learning the risky and complicated world of trading all by yourself. And it’s not actually impossible, as long as you have the passion and motivation to learn the hard way, and you have the patience all throughout the process, then most likely you will be successful on your trading journey. Trading is not all about having a trading mentor that you can rely on, but somehow it’s all about having enough confidence that will boost yourself to do it all alone.

You are right. But you know what hiring a trading mentor is expensive, and if you are still tight in your budget, you will find it hard to get a mentor even if you really want to. That’s mostly the reason why a lot of aspiring traders are inexperienced, having less knowledge and skills in trading. And a lot of them lose at the very beginning, so it’s not surprising really.

However, learning on your own with trading is never a bad idea. Because when there’s a will, there’s a way. Although there will be a lot of pressures and risks at first, but we all know everything can be learned no matter how difficult trading is. The only key here is consistency with your motivation and desires in learning, and not being weak that will easily fall on temptations and end up losing your funds, because you follow what your emotions tell you rather than sticking to what your mind says on what will be the proper thing to do.

I don’t know who is going to share all their knowledge for free and hold your hand through the process of becoming a successful trader. You can learn the basics from YouTube videos but for more personalized mentorship you will probably have to spend some money. I would rather invest that money in trading and learn things on my own. Any kind of helpful advice is appreciated but I’m just not willing to spend an arm and a leg to get it.

This is not only in trading but also in other marketplaces. I want to tell you about a trend that happened in my country from 2018 to 2020. People started to learn SEO and Graphics design from YouTube and created their gigs on the marketplace; as soon as they complete their first order on fiverr, they launched their own tutorial about how to make money online.

We call them "Tabiz seller" locally. These people try to be a mentor and teach others how to work on marketplace while they did not managed to complete at least five orders. In my country, it is more profitable to launch training courses than working on marketplace. So, be aware of mentors. Check their own work.

That is why I say that it is better if you have a friend that understand how to trade better so you can ask him and learn from him. But although he can teach us about trading, we should search for the other lesson to improve our skills. We can not rely on him every time we trade becuse he will not have the same schedule to trade with us.

I don't want to pay any money to the tutorship because we have many good sources about trading and we can find that from internet. Besides that, they use an expensive fees for those who want to learn with them which I am not agree with that. I prefer to learn by myself and with my friends because they don't asks for the fees especially when we profit from trading.

Joining with trading community can be a solution but that will be crowded to learn the lesson. But that is okay because we can get something to start to learn.

Basically the difference i see with this is mainly in the fact that you are slower doing it all alone than with a mentor who holds your hand and walks you through the process such that you don't have to make some mistakes because they are such that they have got experience with and are going to help you avoid it at the time you come to face them in your course of study as a trader but then this doesn't eliminates the fact that you can be able to do it all alone but it may just be slower than you would have if you are trading along side a mentor helping you through.

An experienced trader will tell for free that the emotional aspect of trading is somethin that you can never be able to learn from a mentor alone, they may only guide you but you experiencing it directly helps you get it even better than you would if you had to wait to follow a mentors guide because when your money is involved, you are goin to have a whole total feel both while winning or loosing. discipline and personal emotional management is that which you are going to need to help you the most in cases as this.

It's good to have some guidance because that will enable us to focus on structured data and analyse and enhance our skills rapidly.
But at the same time, it doesn't mean we need to go pay thos so called experts to get the guidance we require.
In today's world, internet already has so many things available for free that one doesn't need to pay for those things.
Using AI, we are able to get whatever information we need for free and also get the guidance in structured format.

Yes of course that's true, meaning if there is something free then why should we take the option that requires us to spend money? That's simple but there may still be some exceptions, such as when there is a special lesson from mentors that you don't find on all internet services. That means I think there's nothing wrong with doing research first, in the sense of asking about what learning you will get from a mentor and then comparing it with the facilities provided by the internet such as the AI ​​you mentioned, if it turns out that you don't find many of the things you need on the internet media and you only get it from a mentor then clearly the decision is that you have no choice but to choose guidance from mentors by spending some money to pay them, but if otherwise then I think you already know which option you should choose.

Well, I don't have any experience in having a mentor when it comes to crypto trading, but one thing is for sure, having a mentor would only increase your chances of making profits, but it isn't guaranteed that you will make profits still.

While having a mentor isn't recommended, I believe it would still be a big help in the journey of a newbie in becoming a successful trader. The problem though is that, these mentors aren't free, and most of the aspiring newbies might not even afford to have one. While it's true that most of the information can be seen online, there's one thing that the internet can't teach us and that's self-control, and maybe, just maybe these mentors might help you on that aspect.

Overall, mentors are a big help for a newbie still despite all of the information being posted publicly online already.

Having a trading mentor doesn't mean that the trader will not experience losses. Like the example you have given, I also have a friend, he is a forex trader and according to how he explained to me, after he was done learning from his mentor, he funded his account $200 and after he has tried to increase the money to $300+ after a few successful trade, he was tempted to trade on a Sunday Morning and he lost all the money.  Despite that he had a mentor but yet he busted a $300k account. A mentor can stand as a guidance but can not be with you all the time and can not stop lose from coming to the trader.

There are people whom do really think that there would really be those people who are far more knowledgeable and they could be able to reach out those fellas if they would gonna pay up something. The main thing that
comes up into their mind that these professionals are far more advanced or ahead when it comes to knowledge in compared to those who are offering some free tips and analysis online on which it is really just that a BS
thing if you would really be thinking up this way. Its true that we can actually learn up things in free of charge yet there are really groups that providing out some free analysis on which you could make use of if you are really that wanting up to learn more. Its not really necessary to spend up money to learn something. Everything would really be just that according into the effort and time be spend up by a certain individual towards it because we know that not all would be having that kind of dedication on doing that and thats why they would be doing things on money ways.

This is something that a certain person should really be that putting up that focus on or something that talks about having the sense on which having a mentor doesnt mean that you would be able to have
that less losing situation on which same as you said. Losing is inevitable no matter how good it would be. It all matters about risks management and this is something that will really differ out on each person.
If it turns out that someone do make out some boast about being a high profitable trader then it is really just that mostly a scam. If they were profitable in the first place then
they wont be wasting up their time on having their followers or students just for a dime.

That's right. Having a trading mentor can help us learn faster and most likely make us make fewer mistakes in trading. Because with a mentor we can learn new skills and techniques, avoid mistakes, have motivation and be responsible.

However, having a mentor also does not guarantee that we will succeed in trading, we still have to do our own research, verify our own trading because basically trading styles and strategies will definitely be different. So it's true as you said, having a mentor is good, but even without a mentor you can also become a successful trader as long as we continue to learn from various sources and have high self-confidence which is also important in trading so that when making decisions we do not hesitate.

In addition, it is difficult to find a really good mentor, because we and the mentor must have the same vision to truly achieve success in trading. Trading does provide extraordinary possibilities for many people, but the main thing in trading is that we must have skills and discipline because with this challenge we can actually achieve success in trading.

A mentor will be effective for you only if the mentor has enough experience in trading, and the trader can use the knowledge gained from the mentor effectively. There will be losses and gains in trading. There are many traders who have repeatedly lost funds but they did not give up, at one time they were actually successful. So my point is to find a mentor who will show a trader the right path, the mentor will not always be there but his shared experiences can bring a lot to a trader. So that a trader can build his position in the market.

Trading mentors are important in our life because they help us to avoid mistakes but be careful with you mentors before you think that you are learning from them but what you're doing is to copy that which isn't very good for you because you'll not be learning how to trade but only copying their trading. Until you let go of the mentor, that's when you'll know that you weren't learning anything but was just copying them. Having a good trading mentor will make you to learn trading with a quick speed and you're going to avoid many mistakes that people without any experience guidance are making. Trading mentors can be gotten from online as they don't have to be physical since we're in a time that things can be learnt from anywhere you're in the world. You can too learn without having a mentor hence you shouldn't stop when you don't have a mentor to help you out.

A good mentor or a professional mentor?
I would say that to choose a mentor is not only about how good they are, but also whether they are professional and master trading knowledge or not.

If as a mentor you do not master trading knowledge and are not a professional trader, then there are still doubts about his expertise.
There are many mentors who provide services to teach people how to trade, but it needs good and convincing evidence and trading portfolios.

All forms of discipline and skills that will be honed, have been planned by the mentor and the mentor is tasked with doing all that.
So as a beginner, or those who already know how trading works will know better what to do.

But some people also trade on their own, without a mentor, and only learn from videos and articles that discuss trading matters.
What is needed is also theory and direct practice, without practice, there will be no real results.

Being a professional trader doesn't guarantee to be a good mentor. There are too many professional traders who get difficulty when they need to teach beginners. I think beginners should prefer to choose "good mentor". IMO, to be a good mentor, someone needs to be experienced enough in trading and able to prove his ability. This means only a professional trader who deserves to be a mentor.

If someone still can't master trading, he doesn't deserve to be a mentor. Even someone has been in trading for many years, it doesn't guarantee he deserves to be a mentor. I have some friends who traded in crypto for few years but they never improved their knowledge. This kind of traders shouldn't be mentors for newbies.

I am a part of this kind of traders.  :)
I've no mentor, I am self-taught. Yep, we have many articles and video that provide trading knowledge.
However, we must ensure that we learn from trusted sources.

That's right, a mentor is something that crypto traders need by providing guidance that shows the direction to avoid periodic losses. For beginners, it is even more necessary to learn a lot of things related to the risks that will be faced when trading crypto. Many people who are beginners get into trading and just follow trends without thinking long about the circumstances and risks. Mentors are also not always right in teaching us to trade, at least mentors have helped beginners how to take the right time in trading and essentially be patient in waiting when trading.

When someone is just starting to trade, it is very important for them to be able to have a mentor who supervises them in trading because with a mentor of course they will be able to provide direction when a beginner makes a mistake in trading because without anyone supervising them when trading, of course they are likely to make the wrong decision in the trade they make.

When someone trades just by following the trend and they do not have good knowledge about trading, it will be very risky for them and they can easily lose their money on that trade. If you think a mentor does not teach you the right way to trade, then it would be better for you to find another mentor to be able to teach you about the right way to trade so that you do not make mistakes when trading.

But is it easy to find a mentor or teacher in the trading? Where can we hire them or find a good trader to guide us? This sounds appealing because anyone starting out can achieve better results with a teacher or mentor to guide them. But the problem is where can we find truly dedicated people who are willing to help us in this scam-filled market? I believe everyone wants a guide when they are starting out but finding help is not as easy as we think and that is why most people learn everything on their own.

Not to mention, we all know trading is not easy and there are not many experts or many people who can make profit, do we trust them even if they want to guide us? Or will we doubt?

Actually finding up a mentor would really be easy, it do really just that depending on whom you gonna choose because you cant really just that easily pick up on whom you would really be following. Of course you would really be that careful on making up some picking but since you are a noob or doesnt have an idea then making up such decision wont really be that simple since as we said that you dont have much idea. Just like on what everyone is really that saying on here that paying up something for learning something isnt really that worth. Why? Informations or things that been taught is really that can be found online and its free.

Therefore, if you are someone whose really that minding about on the expense that you would be using or spending then it will be always best on trying to look around first and make up some research.
If you do find yourself to be that resourceful or could be able to provide on what you should gonna learn up then it turns out that it wont really be necessary for you to pay up something for you to learn.
Just like on what everyone is really that telling that not all would really be basing up on theory on which there would really be those things needed or learning could be acquired through real experience.

If you find yourself to be having that kind of feeling on fastening up your learning phase on having a mentor then it will really be your choice and since its your money then it will really be that totally basing up
into your own preference but talking up practically and trying to save up money, then it would be better on being a self learn. The money that you would be spending on mentorship will really be just that worth
to be added into your trading capital on which i could say that it would really be that worth or something that you could make use. Just like on what have said that the rest of learning could really be
acquired through trading and you would be able to find yourself on having those learnings.

That is a valid point. There are certain cases where the knowledge provided by mentors is not easily available on the internet.
It's not bad pay money to get that kind of knowledge which is got from reali life experience.
But other than that in most cases, there's profound knowledge that can be achieved through the internet if done the right way.

Having a mentor is useful, but remember that the market does not follow their direction. So basically a mentor is just a bridge for you to understand the basics of trading, teach various types of methods, techniques, and so on. After all that you get, does your trading guarantee to remain profitable? Of course not. Because the method is just a choice and the final decision is in your own hands, therefore the trader's creativity determines it. Mentors are just your guides to the gate, they will not guide you to achieve success beyond what they have achieved.

Source (https://traders.mba/is-trading-mentorship-worth-it/)

Can a mentor really increase your level of success without you going to do more learning on your own? I just doubt it. Even when a mentor accelerates how you can become and improve your learning process, you should know that they’re somethings he can’t teach you and you just have to learn it yourself like the emotional aspects of trading. I have seen lots of traders that are good and still made their students know that they’ve to learn the emotional aspect of trading by themselves and this is so true if they knew and not depend on the mentor to teach them 100% to be profitable. Even with the knowledge you’ve acquired at trading, you still need to be able to control your emotions not to get into the way because it will disrupt your ability at trading when it does.

Such a person just can't develop, and his knowledge is only limited to basic knowledge.
After all, who is interested in beginners who only know the basics, but if he insists on becoming a mentor and provides the services of becoming a trading mentor,
then ask how his portfolio is and whether his achievements are good enough on some of the trades made.

There are many reliable sources, but also many more sources that just make up nonsense.
I also do it self-taught, but in some histories I also learned from my friends who are already experts and professionals and joined several Telegram groups that are free for the public, but discuss details about trading and technical and fundamental knowledge.

Yes, it is a tradition where I also admit that the majority of people will trust people who are actually involved in the world of trading and maybe that is the reason for them to prefer paid options even though there are actually free options with the same quality of information that they can choose. Although there are many free options that we can use as alternatives to take advantage of, I think it all still depends on each person's choice, and if they do have a mindset like the one you mentioned at the beginning of your first paragraph where they trust professionals more, then maybe the free option will not be an option, the point is whatever the choice is, make sure that you have a strong intention and determination to learn, don't let all the money you spend to pay for the mentor be useless because you are not serious about learning.

It is really just that normal for us humans to have that kind of seeking when it comes to things on which it would really be that way more better or something that a better option to have.
Just like on what you had mentioned that there would really be that free options that we could choose from. As long you can be able to learn yourself on doing trading then this what matter the most.

If you are someone who doesnt have that sure way on how to have that learning then getting some mentor is not a bad idea. It is really just that on how you would be able to find a good one.
Be careful about into those fake mentors out there who do really that trying out to fake out their portfolio stats and showing it which they dont actually own it. You would be able to notice it out
but if you are newbie then further investigations couldnt really be that possible or something that will really be hard on this case.

I do agree into those comments above that it doesnt matter on which one you do like then as long you are able to learn on the most comfortable way that you could possibly
have then choose according into what you do like. You are the ones will really be the ones who choose up.

Well, having a trading mentor is never a mandatory thing but it will really create a big difference when you are just learning to trade, unlike those who have no real trading mentors when they've started.

But did you also know that getting a trading mentor most especially if you have only known it online might be highly risky as well. Remember trading already involves a good sum of money, so if you try to disclose your trading amount and would let this mentor access your personal trades, that would mean giving him the chances to steal your funds. And since you are just starting to learn trading, you end up following him blindly.

Where ever you have the potency to earn a lot, you would also have that equivalent in losses too and that is, when you make the wrong moves.

Trading is that aspect of cryptocurrency that offers a lot within a short time if you know what you’re doing and it also offers its equivalent in losses too. Now, due to its high risk and the potential to earn so much from it, it becomes necessary that you have some formation process, either form the videos you expose yourself to watching online or have classes with someone.

It doesn’t mean you would be a success or wouldn’t encounter losses but, it helps you to avoid some of the losses that you might have been dealt and not having yo experience everything first hand.

If we want to use a trading mentor it should not be an online one. I had a trading mentor when I was learning how to trade and up to this day, I still call him for some guidance when I need his help. A mentor is going to make the journey easy for you, you can learn trading on your own and do everything without the help of anyone but the time that it will consume for you to learn all those things on your own. If you had a trading mentor, everything will be easy for you and time is precious therefore anytime that you can save time for yourself do it and make use of your time very wisely. Online mentors might be using online tools to teach you and they might not know what they are doing but since you are not seeing them, you can not tell if you are being taught the right things or not.

Yes, the point is as I have previously said, my friend, that whatever the choice, the most important thing is that we must really have the intention, determination and strong sincerity to learn so that the money you use to pay for a mentor is not wasted, because I often see traders, especially beginners who are so enthusiastic at the beginning but in the end they are not serious about learning.
On the other hand, I also cannot exclude the importance of the role of a mentor, because for beginners, they usually do not know what the main things are that must be done or prepared, and with a mentor, they will direct all the best initial steps.

But yes, the problem is, as you said, it is not uncommon for us to see people who pretend to admit that they are mentors by publishing fake portfolios and it is possible for a beginner to easily believe all that, and to be honest, I have not thought about what solutions can be done to avoid this possibility, but maybe by searching for information on the internet about how to choose the right mentor, it can at least give you information about whether the mentor of your choice is a real mentor or not.

In as much as this is right, finding a good mentor can also be the problem as most people don’t know much but still try to show off. We’ve discussed this before, the first thing a person need when going into trade is knowledge so having a mentor or teacher when you can always ask questions makes things easier and faster, it also boost the confidence of a newbie trader, Op is right but at some extend money is also needed to keep the process functioning.

Having a mentor shorten the learning curve because you learn from the experience of the mentor and avoid some mistakes that would have cost you money and time. The only problem with having a mentor is that people tend to be lazy, hoping to be spoon-fed. Trading is something one should take ownership of because it involves serious decision making with such decision made within a short interval of time. It takes conscious effort for a trader that uses a mentor to take responsibility for his decisions because if he fails, it is more convenient to blame the mentor.

I guess I have to agree with this. although it is actually quite easy for us to learn independently about trading. because all the material is scattered on the internet. And even free analysis is available on various platforms because many people share it. But the problem is in learning from actual experience. And having a mentor is quite useful so that we can understand everything more quickly. I was originally a self-taught person. But then I took some trading classes and I found a mentor and I learned a little from him and it turned out to be much more effective. But then in the end it is up to us whether we will be able to manage our trades well or not. And the most difficult thing in my opinion in trading is emotional management. I am trying to learn to understand sentimentality in the market which is greatly influenced by the emotions and actions of traders. And I started to understand little by little what I needed to become a trader. But I'm not skilled enough at this point. But I'm still learning. And there are acquaintances who are patient enough to help me too. and he is now probably my only mentor that I trust enough.

That's an important point in my opinion, even though we have a mentor, we must not lose the spirit of independent learning. They cannot be continuously fed by mentors, because one day they will definitely trade on their own and it is impossible to continue paying the mentor. If their mentor is someone they know or a friend, then if they don't want to learn independently, I think their friends will also get bored. Standing on your own two feet will be much better than continuing to rely on others. If we already have basic knowledge about trading, then that becomes our capital to be able to find the right strategy for ourselves. Just think, will we continue to depend on others or do we want to move more independently.

Mentors are needed when you are just learning about trading. Of course, it is not mandatory to have a special mentor if you have an independent learning method through various media, but a mentor is always useful, especially for getting to know trading strategies in more detail.

Relying on a mentor long term is not a good idea at all. Even if you are able to pay them every month (for example, sharing a few percent), but you should be able to stand on your own feet. Mentors are basically needed when you need advice, but that doesn't mean you have to rely on their trading strategy forever. Being an independent trader is certainly better, in fact you should be ready to become a mentor for other beginner traders in a few years.

I can somewhat agree with you that mentorship is essential in trading. Your mentors save you both money and time because if you learn things manually, it will take you time, and your chances of loss will increase, so there is a need for a mentor, nowadays mentors are doing more scams by showing money and showing rich lifestyle but the information provided to the learner is not too good just earned money by sailing courses.

So, while choosing the mentors, you should make careful and very wise decisions that will give you a better skill set and increase your information. To start, I advise learning skills from YouTube by searching different videos that gain knowledge about Crypto and its total fresh costs. I can learn a lot of knowledge from YouTube videos that clarify your concept about which mentor is correct and accurate and which is not accurate in trading.

Because your mentor can neither control your emotions and not save you from your losses, you should do your research so that you can make timely decisions and follow through on good mentorship decisions.  Your importance is your knowledge, so after linking any work, think about learning yourself and your skills, focus on yourself; how will you control your emotions? How will you take your profit and learn money management skills by watching different videos without paying any fees to mentor. How to do all these things is to learn, and I would like to do mentors who are doing a lot of scams. To gain your knowledge, especially from YouTube and Google.

Yes, it could be a lot advantageous if you start trading with your trading mentor. It could even provide you trading knowledge and strategies that will help you succeed in trading. However, while others mostly succeed with the guidance of a mentor, others could be doing well in trading with self-autonomy learning. That is because everything in trading can be learned, even without the help of expert traders. It may take quite a longer time to learn on your own, but the fact that you are learning the hard way, then the higher the possibility your success will come into possibility.

Yes, a mentor is not a must, but it will be very helpful for someone who is just learning about trading, because they will have a place to ask questions directly and they will gain knowledge which if they learn independently they might need more time to get that knowledge. Even without a mentor we can still learn, it's just that we have to be more patient because we have to open one page at a time with the limitations that we have. I am also sure that some here who can trade do not have a mentor, they only learn from the facilities that exist today, be it social media, books and others. However, with perseverance, they can become better traders even though at the beginning they have to struggle because this is a new world for them.

With that we can easily understand those situation that hard for us to figure out especially that there's a lot of things that we need to deal with the market. Trading mentors will help on those cases and give advice on possible action to be done in situation currently happening to us. Although its not necessarily to believe on everything they teach but at least we have good guide to look at in their presence.

Learning trading by ourselves is quiet difficult since we might face a lot of confusion and with that we could do bad trades that's why mentors is helpful in this matter since by their help we can possibly minimize the losses then learn a lot of information on more quicker time span. People have bright mind beside them is so lucky since they would not face long hardship by trading crypto.

But we also need to be aware that there's lot of scams and we need to choose mentor which have pure intention to teach us and doesn't have any bad intention to take advantage on our innocent then steal something from us.

Yes, it is true, making a mentor as an alternative is not a must, but it cannot be denied that the role of a mentor does help beginners to direct them to the right path, because in the past I also felt how confused I was when learning by myself without any direction from anyone so that in the end everything was random, in the sense that I learned but not gradually about what to learn first as a beginner which in the end made me often feel confused and have difficulty, and maybe this is the cause of the longer learning process.

Basically, even though with the guidance of a mentor it does not guarantee your success in trading, at least it might make your journey easier and not like when you do it yourself, and in the end I think this comes back to each person's choice.

Doing crypto trading with a mentor is one of the keys for anyone who wants to carry out activities in the crypto market, not only beginners, those who have been involved in crypto trading for a long time cannot be separated from mentors.

There are very many friends or those who ignore the advice of experts and ignore the advice of those who are experienced in crypto trading, so they always get stuck in crypto trading, Sometimes it's our egotism that destroys us, we only get 40% trading knowledge as if we're the king of trading so we don't need a mentor anymore, so we end up in a loss.

In my understanding, learning and knowledge of crypto trading never runs out, as time goes by changes continue to occur, be it market conditions, analysis, trading volume, changes are always present in the crypto market, today we believe that certain types of crypto can be successful, but not in the future this type of crypto could die and be worthless, for this reason, guidance on the direction of development from a mentor is really needed, without having to throw away the goodness of the mentor himself.

The problem for a beginner is that few can afford a mentor, as this will require additional costs to pay for this type of service. For this reason, many beginners use free training programs, the quality of which is not always satisfactory, which ultimately leads to the loss of the deposit.

I don't think having a mentor would help someone to learn trading but surely for newbies it could be a good step. The ones who want to be top level traders should not rely on a mentor's presence if they want to be successful as traders. The ones who learn trading themselves can fix their own mistakes overtime and may become better and successful traders.

So who are we supposed to go in with? Even if you ask someone to guide you, then that doesn’t mean you are going into trading with the person; you are still going alone.
 
But maybe because you lost during trading that’s why you think it’s best to have a mentor, even with a mentor you still going to lose as a trader, even the person mentoring you is also losing sometimes, so we should know that losing is normal when it comes to trading.

It’s not a bad idea to have a mentor when learning how to trade, but I hope you know not everyone that calls themselves a trader is really a trader, so I will say it’s kind of difficult to get a professional trader that’s properly going to guide you when you trade. If you have anyone that’s planning to teach you, then you shouldn’t completely rely on them, make sure you seek knowledge from other places. There are books that we can read, and there are videos we can watch that are going to guide us also.

I just think that every trader are normal person like you regardless of their experience and time spent. Everyone makes wrong calling and it's not because they don't know or understand the market but because you can't say everything about trading and get it right but there is nothing but if you do take them as way of learning from their strategies, there are ways you can benefits about them but there is nothing special about been a mentor in trading.

If you want a mentor, you don't need to but you can make some traders your buddies. We have many of them in YouTube but you need to be vigilante about the ones you follow. There are many reports about YouTube traders and influencers using their followers to shill projects and promote fake projects just to make money, they even give wrong callings about trade just to influence people, be wairy of such mentors and guidance.

If you can afford to pay a trading mentor, much better. This will help you avoid future scams in trading. However, know that having a trading mentor won't create guaranteed success in trading. But it will definitely be a good guide to you to lessen your possible losses when trading most particularly for beginners, and with good trading experience after some time, you will come to maximize your profits as long as you are not trading against the market sentiments.

Yes, it all matters about on how much you could pay or simply doesn't mind about the expense just for the benefit of having that fast track when it comes to learning on which this kind of learning is still that considerably depends on you because not all would really be that willing to pay on something that they could be able to learn for free.It will really be that normal that there would really be those people who would really be that skeptical on doing so because the amount that they would be paying up for learning then they do rather adding it up for their trading capital.Its important that no matter which method or path you take which as long you could be able learn things then this what matter the most.We do have our own ways and methods on which if you do found out that you need up some mentor to learn, then go ahead but if you do look that this one isn't necessary then you go with the other way.

Indeed. IMO, they are real example of failed traders but they are not aware about it. There are some people who only wasted time in trading, they never be real traders. Real traders should be the people who keep improving their trading knowledge.

Sometimes it is not really easy to prove someone's capability in trading. Even he showed portfolio and his achievement, it can be fake proof. Also, it will be impossible that a professional trader shows his real trading account data (to ensure he doesn't lie). This just indicates that he isn't professional enough. The reasonable way to get a proper mentor is to join a channel of popular traders. But this way will never have fully lesson from the mentors because they actually don't give the lesson for us privately.

Yep, that's why we need this forum, a place for discussing and finding out the information of proper sources.
Well, you're lucky, mate. It is good that you can learn from your friends who are experts/professional traders. Unfortunately not everyone is as lucky as you. By the way, joining the trading groups in social media are mostly intended for discussing and sharing information. It is not proper place for newbies who wants to learn basic knowledge.

A lot of newbie traders are only seeking for mentorship because they are scared of losing money and not because they really want to learn and develop new strategies on their own. A trader that is always too conscious of losing money will always be scared to take risks and try something new. To all new  traders, it doesn't matter if you are learning under a mentor or learning on your own through different sources, just be prepared to lose money anytime because that is the sacrifice a trader has to pay to get that perfect strategy. The money lost doesn't need to be huge, start small and grow gradually. Do not let the fear of losing money limit what you can actually learn and achieve as a trader. One can actually have a good mentor and still be stucked at a spot without any form of improvement and growth. Be prepared to take risks.

In this case, the beginner must decide on his own whether to spend money on training or lose it by doing self-study. And which of these methods will be more preferable is very difficult to say. But in any case, it will be associated with spending personal funds and will be the first step in getting acquainted with the cryptocurrency market.

Yes that's true; professional trader will be good mentor sometimes that's wrong, i see some of my friends who's knew good about trading but when i asking something to learn trading strategies then they can not express in easy way, they make it difficult to tech other but they are very successful traders for several years in their trading carrier.

I believe free programs or mentoring isn't that bad if a person is interested in learning. The internet is full of free resources about almost everything you can think of, I know that there might be limited information in each resource but if someone combines multiple resources and learns from different sources over the internet, they can learn things just as good as a person learns from a good mentor. It's all about having dedication and willpower to learn.

I have seen a lot of people who are self-taught in a lot of things that they do and believe me, you won't believe they have learned everything themselves when you see them doing those things because they have become so efficient in them. So it's all about focusing in the initial stage and then practicing what you learn, whether you have a paid mentor or you are learning from free resources, if you are practicing constantly, you will become perfect in that thing eventually.

I don't know how a newbie trader would succeed without a mentor or a guider, A mentor is just like an eyes to a newbie trader who don't have any experience about the market, a mentor is very necessary when it comes to trading, there sometimes that you would stock with bad trade and you don't know what to do at that point, but with a mentor by side it will help guide you with taking a better decisions that will help you navigate your trading journey.

Agree bro, no one can do something without knowledge and those who teach, those who teach are mentors, it is important for us to have a mentor who always accompanies us on our trading journey so that we can see and know things that we don't know yet so that we can carry out trade correctly, not haphazardly, let alone follow along, trading is not as easy as we see and think, trading is very complicated because we cannot guess whether the market price will go up or down, with a mentor we can understand how it works and You can monitor it via the graph, when there are problems in your trading journey, we are not careless in taking a stand because there is a mentor where we can ask questions and learn from mistakes and failures, that's why it is important for us to have a mentor who accompanies us when we are beginners.

It seems that you entered trading without the proper knowledge that is why you think so. Though what you said is right, everything need colleagues but your colleagues should be knowledgeable in what you want to learn too.


Yeah. A mentor is good since he will be a teacher that will be guiding you in everything you are doing in the market. But even with the mentor, you need to be careful with trading because even your mentor is losing, just that most of them hide their losses and the students think they always gain from their trade.

Of course, mentors here are very important for a trading beginner, because they need to learn from people who directly direct them, if they only see tutorials on social media or do it by themselves it will definitely be very difficult, because as far as I know in the world of trading there needs to be stages in learning, so to gain knowledge of each stage there needs to be a mentor, be it friends, relatives, teachers or others who can guide us to learn the ins and outs of trading from the beginning to be able to.

There are some people like me who require many years to learn something that has math in it, I am not great at math so whenever I have to use even just a little bit advanced versions of this, there are troubles about it and I can't really consider it getting any better.

I am not a mentor to anyone because of that, because if I was a mentor to anyone then I would let them down, you would have to be super smart or have degree in math or something to understand me from first sentence and not make me go into detail because if I have to go into detail, I may not be able to solve anything further and fail to explain as well. This is why it would make sense for me to not really work with anyone on that and nobody like me should.

In any work, if an experienced person works as a consultant or mentor, it is possible to get success very quickly for any individual. When an ordinary person works without any advice, it will be somewhat difficult for him to do the work. But if he gets experience from someone experienced it can be very easy for him. Same is the case with trading platforms. In my case I take the advice of others trading as well as I try to research there and how I can trade better. Not everyone will have a mentor but if one succeeds in his endeavor he will be the most experienced. If one engages in action through hard work and patience, they will surely earn profits.

Actually having a mentor is good, because one of the biggest challenges that traders will face is having to think about money management, trading strategies, and many other factors in order to be successful. In addition, because trading is very complicated to learn, it takes time, dedication, effort, and of course there are still many things to learn.

However, having a mentor will make it easier for us and can help us reduce the amount of time it takes to learn how to trade properly and help us understand why we are not successful or achieve the desired results. Therefore, having a mentor will make it very easy for us to achieve our goals and be able to make the necessary adjustments along the way. Because our goal must have a mentor is to be able to become an independent and profitable trader.

However, the problem is that it is very difficult to find a mentor who can really help us, most mentors only make money from services like this, they only rely on theory but they themselves are not very successful in trading. So this goes back to each individual if you want to find a mentor, look for a mentor who can really guide you.

Those who learn to trade independently, of course, need a lot of time to understand the entire learning process. There are many videos or literature that can be obtained to learn trading. And the level of development depends on how much effort the trader makes.
I have a friend who introduced me to trading. Until now, we still often share thoughts and experiences. He became my first mentor in trading, even though he did not consistently make a profit. He gave me a lot of knowledge.
Beginner traders who have a trusted mentor are very lucky. and that will be a good start. and again, the development depends on the trader's ability.

But it's also hard to find a good one, if it's not your close friend or something like that.
Some of them may just dry you out for your funds and not teach you anything.

To begin trading successfully, it's important to thoroughly comprehend the trade analysis and seek guidance from a mentor. To learn trading, it's important to invest in your knowledge and turn it into a profitable business. Those who pay for their education are more likely to focus and learn effectively. And you will receive all of the money you spent on learning trading, because If you understand and started staking you will be winning, and you will be getting more signal with your mentor and be getting huge profit if you are staking high. trading is very good if you understand it very well, you won't like to leave it again and that is how is very risky too.

I don't think I can guarantee that by having a mentor in any field, especially in trading, you will definitely be successful, because I think there are still many other factors that are very likely to thwart your hopes, everything will not be as easy or as simple as you imagine, the presence of a mentor is to guide and direct you to the right path but it all comes back to you, not all lessons or directions given by the mentor can be easily learned, although yes success can be a certainty but the achievement takes time that cannot be determined for a long time and also depends on yourself, because not everyone is really able to go through all the difficult processes to achieve success in trading, and that is the reason why some fail even though they have previously been directed by a mentor.

A mentor is only good if he/she gives you some knowledge about trading but when it comes to trades then at that time a mentor isn't gong to be helpful for you in any way. A mentor can be a good motivating force but a mentor can't give you success in trading.

I believe most of the mentors these days are there only to show off to people that how good traders they're and how someone being their apprentice can have benefits and profits in trading. Actually the apprentice is more like a puppet but not a really student who may learn trading step by step.

The mentors are just social media influencers these days who want to grow their own bank balance and they don't really care much about anyone's success other than their own. I still believe that the ones who learn trading step-by-step can be way better than the ones who are guided by those so-called mentors.

It depends, there are some traders who start trading with a mentor but end up losing a lot of money, but there are also people who only learn autodidactically from the internet and succeed in developing their trading well. So it is not necessary to get a mentor to do good trading, because on the internet there is already a variety of knowledge that can be used by someone to develop their trading. And also, not all mentors teach good trading to traders, there are also those who only intend to profit from the ignorance of traders who want to profit quickly. I am not saying that having a mentor is bad, but not all mentors are worthy of being called mentors in the trading world. However, if someone gets a good mentor in their trading, then he is a lucky trader.

It's not every mentor that will share signals to you and when you also have a mentor doesn't guarantee that you will experience more profit, that's not it, it's only when you have seriouse challenge or error in trade that your mentor will even give attention. When you are trading with a huge amount, definitely you will have significant profit but if you encounter lose, it's also significant, so, you need to only trade with the amount you are willing to lose.

If you talk about personality without a mentor there is no guarantee of success, you don't need to turn a blind eye to that, there is a mentor or not if you talk about success everything really depends on your personal self or back to each of you, even if you talk about it not only in the world of trading in any field the same, for example if you have a successful father is not necessarily a guarantee that you will get the same success if you are not able to go through all the processes.

The guarantee of being able to succeed in the world of trading or whatever it is back to yourself, there will be no third party that can guarantee it.

Whether a mentor is important or not depends on the person we see who is worthy of being a mentor and getting knowledge from him, I know that today we can easily access knowledge in the internet world by reading books and other things that we can get for our needs in this profession, whether you realize it or not that when we see tutorials on yt or articles and so on even books, indirectly the person who makes the video or writing is your mentor in learning trading, it's just that you don't directly connect with him, in my opinion it is worthy of being called a mentor, but it seems that the mentor referred to here does not have that orientation, his orientation is on partners or paid teachers to teach us trading.

Indeed, there are those who are successful and those who are not, but I agree with Khiholangkang's argument that having a mentor or not when talking about success depends on the individual, there is no guarantee that you will succeed autodidactically or have a mentor if you yourself do not guarantee it.

You know experience is the best teacher and of course having a mentor in everything you do boost your knowledge. You know what is mentor seems to be very common but it has so much meaning because what you don't know he would bring it to your door step to just make it looks so cheap to your knowledge. Many people despised their mentors but when they faces difficulties then they bounce back to their mentors to have some corrections.

Regardless of their effectiveness, ultimately, we are responsible for making our own decisions. Besides, mentors can't be forever, we need to stand and make decisions alone because this is the way we become confident. 

Mentors had a huge responsibility in developing new traders, but there were some limitations also. As a new trader, it is not necessary, we only rely on what our mentors did. We also do something because not all things can be learned together; some can be learned through experience and research as well. We need to take some responsibility for developing ourselves if we want to become successful. 

There are no traders who have never made mistakes and, accordingly, there can be no mentors who have always been accurate in their assessments of the market. Accordingly, even if you follow the recommendations of your mentor, you will not be able to avoid losses. It's just that in this case, these losses will be lower than if you were trading without a mentor.

You could be right there but still I can't still despised the fact that we can learn everything by ourselves without having to wait for anyone or having to meet anyone as mentor. The things is a learning journey or process that would take you 10 years with a mentor it would take at least 2-3 years because there would be definitely short ways and easier ways of learning it so quickly and faster without having to spends that much time.

Mentors are like father who guides and leads you through all learning processes while your duty as a student is to also explore more after having been taught by your mentors that is why some students today are more smart and sharper than their teachers because they go extramiles studying to gather necessary information to push them so quickly.

If you are a trader and you decide to learn how to trade on your own, then it’s going to take some time to be a professional trader, and you're going to lose more because, in the process of learning, you're definitely going to be losing much compared to if you have someone that’s going to guide you. But the problem is that it’s just difficult to get a real mentor, most people that are claiming they are professional traders are just deceiving themselves. If you don’t get the right person, then there won’t just be a difference in learning alone and getting a mentor.

If it is difficult to find a mentor because they are unreachable or for some other reason, I am a strong supporter of peer mentorship. Yes, peer mentorship can also ne one of the surest ways to be a successful trader. Peer mentorship is learning from your peers who are already more experienced in trading. It is like a small community where each individual learn and grow through the help of one another. It is cheaper, everyone is reachable and I think the growth is faster when compared to having a dedicated mentor who may be too busy to respond to urgent questions. And you may even have to pay some money like a subscription to sustain this relationship. I recommend it but if you can't afford it as a newbie trader then focus on peer mentorship, you will have nothing to regret.

Of course, what it means is that a mentor is there to guide and ensure that you stay on the right track but it does not mean that you will ultimately achieve success, and when you assume that by having a mentor you will be successful then it means that your success depends on others, and that doesn't make sense, because success will only come when you are able to go through all the processes yourself, while when you depend on others it means that you are not able to do and go through everything yourself.

In the end, the point is yes as you believe, my friend, that in any case, success or achievement always depends on how serious or how strong a person's intention and determination are in trying, so it means that the benchmark for success is not because of whether you have a mentor or not but back to ourselves about how serious we are in trying.

If you look deeper, mentors also affect a person's success, maybe you have heard a little that a smart student in the hands of a stupid teacher will not find the success of his student, while a smart teacher in providing education according to the character of his student will find his success, this also applies to trading, it's just a rare and closed fact because most people who have mentors also do not find their success.

Both roles are very important, first from our own personality, second from the mentor, the coherence may have been imagined for you.

It might be that their might be a different way of were the effect is coming from because no matter how smart you are you need knowledge from books and other people and when you feel you know to much that ia when you will not learn their are smart people that even if they have extreme knowledge they will still humble their self just because they want to learn because overconfidence in trading might just humble you out of natural occrances. Even with mentors some decisions are personal and you having a mentor does not guarantee that you will be q successful trader you will make that decision your self, the essence of the mentorship is just to show you guidelines on steps to take then you improve your self on those part so I don't see the reason why the mentor will be the one to be blamed for failing. When learning it is always good to pay attention and set your mind right so that you don't panic and then keep making mistakes because mentors will not tech everything that is just the truth.

Yes, each person is really that different when it comes tot his manner on which there would really be those individuals who would really be that still needing up to have mentors and to those people who arent that wanting on which it would really be basing up into someones preference and also into their capabilities on which we know that when it comes to this aspect then it would really be that basing up on how well you do find yourself be that learning up things according into your own approach on which there would really be those individuals who wants to have mentors for them to have that much more faster when it comes to this kind of approach on things. It would really be that up to you on which as long you do find yourself be able to look up on how you would be able to learn neither on a fast pace or not, then it will really be that differ or depends
on a certain individual on how they would really be able to handle it out.

Your mentor can't force you to succeed, everything depends on how determine you're as an individual to become a profession trader that makes profits. Your mentor can only guide you and it's left for you to be determined. You can have everything that an individual needs to become successful and still fail as a trader due to some bad habits that you have personally and it has nothing to do with you not being taught well on how to succeed as a trader. As traders we have to learn somethings on our own as our personal experience are the things that we'll learn from faster than being taught. We can also learn fast on our own too as not everyone needs to be mentored.

Of course it is true, or what I mean is that mentors also have an influence on a student's success, but I think as we have discussed above that the role of a mentor is nothing more than helping and guiding a student to stay on the right path and avoiding any actions that should be avoided.
This means that mentors do help on the journey to success but do not guarantee that you will ultimately be successful.

Someone who is called a mentor must be experienced, but the most important thing is to go back to a student, it is not uncommon for us to see a student who is really enthusiastic at the beginning of the learning stage but when they have reached halfway they lose their enthusiasm and in the end everything falls apart, and usually they are people who are fomo and also those who are just curious about an activity but do not have a strong intention and determination to learn.

Trading is not as easy as people think. Influencers and traders on the internet selling their courses online have made trading look interesting and easy to their audiences. They tell you that you can learn how to trade and be profitable in 6 months which is not true for most newbies. A mentor can help you learn faster because you are learning under his guidance. You won’t make mistakes that others without mentorship will make. You grow faster when you have someone who holds you accountable for everything you do. Having a mentor is not a guarantee that you will be a successful trader, but it reduces your chances of blowing your trading account.

Believe me when I was new to trading I also sell for those scams. People saying that they are teaching you how to trade not because they need the money but because they care about your success and that is obviously not true. The only people that care about your success is perhaps your family and close friends not some stranger you meet on the internet.

Most of these trading courses and seminars are aimed at people who don't know any better. They see that there are many crypto millionaires out there driving Ferrari's and they think they can live the same life style. Hence they invest in a computer setup, fund their trading account and join some trading academy. Only later to find out that its not easy as it seams. And you rarely get a refund for these courses. They are typically final sale.

Yes a mentor is a must in trading. But you can have more than one consultant if you want. If you are a newbie to trading then you definitely need someone to guide you and point out your mistakes. But we have to remember that mentorship alone will not bring you success. This is why you need to know and gain knowledge about trading personally and clearly. By trading small funds you can increase your experience and gradually become a successful trader. You can also take advice from your advisor before investing. As a result, you will be less likely to make mistakes.

Selling courses on the internet it's a big business market in the world from the last couple of years, it's very much profitable, they never share or disclose their losses in the trading, they will share only success history, then audience are attracted to buy their courses, some traders even make sure about guaranteed profits before selling their courses but a newbie trader will realize their mistakes after buying such courses.

Having a cryptocurrency mentor is very necessary because cryptocurrency is a journey and the experience is not what one can gain so quick , so it will be of good advantage if their is someone who have already acquired this knowledge and experience to be a guardian to beginners who don't have knowledge and experience in cryptocurrency. Atleast having someone have already been into the system would help in avoiding some mistakes and to also reduce the risk of losing money.

Having a mentor makes the work very easy compare to when you are just trading on your own without any experience and enough knowledge. One of the things very difficult for beginners to implement in trading is patience, but when their is a mentor he encourages beginners who are not used to trading to learn and practice how to have patience in trading.

Not necessary but rather this one would really be optional on which we know that when it comes into this aspect then it would really be just that depending on how fast you do make yourself learn when it comes to this manner. We do know that there are people who are really just that self learn on which on the time or moment that they will really be that trying to learn something then they will really be that definitely be making up
their own searches on which they wont really be be trying out to rely with a mentor because they can do it with the help of those resources on which it could be found online. It will really be just that a matter of effort
and hard work on which you could really be able to achieve such state on having that kind of learning, and since we do know that other learning could really be gained through actual experience then this is where they would
be putting up their efforts on learning up everything on the moment that they would be doing trading.

If you do find yourself needing up some mentor then it would really be just that depending on you. Just make it sure that  you wont really be totally relying into them on which theres really indeed a time
that you should be testing out yourself and find out whether you have learnt or not because usually people who do have a mentor would really be that totally relying on the end and following
them instead on learning on whats been taught.

Yeah, that's true. It quite easy to learn from a mentor that you are seeing physical than learning online, learning from someone you are seeing face to face aide a quick understanding because when the learner is making a mistake, the teacher can easily make correction. There's no how you will learn from a mentor offline, that you can not be better than someone that just took some online course and watch video tutorials.

Totally depends on a certain individual because learning isnt really just that limited when doing up some face to face sessions physically. In todays accessibility then we could really be able to say that it is really that also
possible to learn up things or face up someone online. We do have that screen share up or team viewer or live streams and something on which it would really be a great tool that informations being shared up with you and your mentor.It is really indeed true that learning from someone who do have the experience is much more better rather than on doing on your own or somehow it could make things bit more faster but of course it will really be that still depending on how well you do able to absorbed information and apply it into real trading. We do know that there are individuals who are slow learners or not really that good when it comes to memorization and thats why it do make things a little bit more delay.

Learning up trading would really be that a long process and doesnt really be able to get it overnight and this is something that noobs would really be mainly have in their mind. On the time or moment that they've seen
on how harsh this market is then they would really be having those kind of realizations that dealing up with these things arent that easy. It doesnt matter on what path you would be taking as long
you do able to make yourself learn then this what matter the most.

selling courses is old business though, most of people don't get easily lured these days as more and more people are spending time to do background check and research on the course seller and just won't spend some money buying their courses, but trend has shifted to CT and KOL, basically building image and grinding followers that your voice matters enough in the crypto space to earn you some money.

when it comes to trading though, there are so many of these CT that offers trading signal while also offering VIP class which might offer mentorship as well, but I'd say if people really trying to find mentor through online, be sure to check on their trading history, if they don't disclose their trading histories, then I can be sure that they are just trying to sell useless mentorship, only find a mentor that really have good history, background and is transparent enough for them to still be comfortable on sharing their mistakes.

In terms of buying anything including courses that are generally wrapped in the name of knowledge in them, of course it also still depends on our own interest and confidence. Because if the party selling the course only gives examples of the benefits without explaining the risks and things that can cause risks through small mistakes, then the knowledge in the course also needs to be questioned clearly. Because in trading there are only two important points that always happen, if there is no loss then there will be profit even though some of the profit is the effect of the level of luck that is on his side.

Ideally, we should learn from a mentor face to face. If we learn from a mentor online, there are too many limitations. It is even not so different than we learn from videos. Sure, if we learn from a mentor directly, he will easily guide and evaluate us if we make a mistake. However, it is very difficult to find out an offline mentor, most professional traders hide their identities. Even they learn other people, they prefer to share information (tips, tutorials, etc) in a social media group only. It is quite rare that they want to learn us privately.

It is quite impossible if they don't tell about the risks. But maybe they don't tell the risks in details.
Since it is a course, they should focus on learning positive materials. Mostly the course will give the lesson about technical aspects in trading. I don't think we must doubt the knowledge. But sure, the course may not really focus on developing the mentality of the learners.

If it would really be done in face to face then i could say that it would really be much faster if we do speak about learning up things on which we know that when it comes into this aspect then having that kind of
approach will really be giving out that kind of fast pace when it comes to your learning in compared when everything is really done via online on making up some explainations but somewhat its true that everything
could really be shared up or would really be provided if we do speak about learning tools. The only thing that cant really be that teach is about on the other experiences on which your mentor does have that will really be passed into you but somewhat making up some comparison basing up on real experience will really be giving out that kind of idea. When it comes to learning then it would really be up to you whether you would really be wanting or liking to have a mentor or would really be learning up on solo on which it will really be that on your own choice. The key on here is that you should be able to catch up on what are the things that
you do really aim for on which is to learn up trading as much as you could. If you do prefer on having that someone will be teaching you then its your choice but if you do want to go solo then go ahead.
Everything is really that indeed could be search online and this could really be used into your learning tool and the rest will really be gained through experience.

It's not even a matter of "can accelerate", it "should accelerate" ought to be the expectation except the person referred to as a mentor is a mediocre. I've stood on the shoulders of a few  I recognize as mentors and they propelled me faster than I thought, though not in cryptos. My crypto journey was haphazard, I couldn't find anyone to mentor me directly. I read most things starting up here and then grew wings to test the wind. Not having a mentor kind of slowed my moves, I've to admit.

In whatever you do, learn the skills and also a sustainable way to do it well... What motivated you to begin your journey at first? How did you initiate in a trade without even understanding the intricacies innit? I'm happy you've realized this yourself.

You see, the problem we're having in our today's society is the society itself -- the influence, the trend especially on social media etc. Someone would even prefer to copy-trade or better still, run simulations on indices than analyze everything by themselves.
OP's talking about trading... Are you currently a trader? I dunno what you mean by "crypto journey", sorry.

Yes, I actively trade and I do Index (Volatility) most of the time (I hope you're familiar with that line of trading, though), while on a few occasions I trade cryptos and FX.

What I meant by my crypto journey is explicit. It's the whole thing about how I stumbled on cryptocurrency, my onboarding and where I am with it today. 

Exactly, it is a fact that it is useless if a mentor only provides a way to gain profit while on the other hand they do not provide a way or at least tell you about the signs that can cause  losses, because in the end even though you can gain profit but if you do not have the right way to prevent losses then in the end all those profits will also be lost in a short period of time.

This means be careful and  you have to be observant enough in choosing a mentor, make sure that the mentor you choose not only tells you about  how to climb a cliff properly but also  tells you about the right way to go down.

I go with that opinion,  it's needed to provide information about risk and not just focusing with potential benefits,  traders who sell their idea and knowledge most of the time gives that focus with how you will earn and those who acquires the book or services got easily engaged not knowing that in trading there's also a big risk that awaits you, if you failed to understand then most of the time it will turned against you. Best to know where's your focus and if you can both handle pressures and risk to gain better success.

mentors can give us advice to take the right steps and guide us to choose a portfolio to trade. However, having a mentor does not guarantee that we will not get a loss. Sooner or later, you need to try on your own for every decision you make, and not rely on mentors all the time. Well, but having a mentor is a good thing for a beginner.

Depends on the individual, yeah, but still depends on some certain factors such as, the high level of understanding that the person possess and the availability of a strong network connection to be streaming live while receiving the guidance from the mentor. Trading is practical and it will be more advantage to a learner when their mentor is present and showing them auctions to take gradually.

On the moment that a certain mentor would really be only focusing into making profits and not really that trying out to explain about on the risks involved then this is something that could give out some doubts basing up into the things that he/she is really that teaching. As a noob then you wont really be able to notice it out since the primary concern or things that you do have in mind is on how to become profitable. This is why anything that your mentor or teacher would be telling or mentioning will definitely be your main focus and this is where you would really be believing. On the moment that those analysis that you gained up from your mentor and on the time that you are already getting that knowledge and awareness then you will be able to find out gradually on whats the real essence of trading or something that do speak about on how things works. Some people will really be still preferring on having a mentor and would be that relying until the end of time but there are those people who do make out some realization and make up some independent trading and will be choosing up on going solo.

I do agree into those words by some members that there's no feeling of regret on the moment that you are the ones who do make your own analysis on which in regardless on
what would be the result will be then you will be having that no regrets and will really be trying to improve  yourself on your own since you do already have the idea
on what are the things that you have encountered and learnt along the way. It will really be just that basing up on how you do handle things on your own and will really be that
making adjustments.

It is true that as a beginner you will need a mentor to guide them when they first get to know trading and also they will direct us in choosing the type of asset we will trade and over time of course we don't always have to rely on a mentor because it will make it difficult to develop, so practicing on your own will certainly be able to increase your knowledge about trading and it will certainly give us the opportunity to be successful in trading, because if we continue to depend on other people's decisions on trades that are not necessarily profitable, then making our own decisions will certainly be better, but we must first understand the trading well.

Having a mentor in trading does not guarantee profitability in trading. But having a mentor who have wealth of experience can aid your success in trading. Because after he might have thought you what is knows, it does not mean that you will be profitable and that market will respect your positions, trading  is a psychological thing and your  personal development is  essential. Trading involve risk because of volatility of the market, so proper risk management and psychological check is the real deal.

Actually, even though someone can choose the right mentor who can really provide good and important lessons for the safety and success of a student, but in the end there are still several other factors that can cause various problems such as delays in the development of knowledge for a student, such as someone who does not really have the intention and strong determination to dedicate himself totally to the world of trading or other factors such as low IQ which makes it difficult for someone to develop in their learning process, meaning that even if you succeed in getting the right mentor, in the end it all comes back to yourself.

On the other hand, for the problem of regret, I think it is something natural because it is part of human nature when things do not go according to what they expect, the point is not to be too excessive in regretting everything because it is very susceptible to various impulsive actions when emotions dominate. In general, in any learning process, there are always some people who make unwanted events as learning materials, but there are always some people who are really unable to do this, which are usually the people who end up failing.

Nothing is guaranteed in trading, even mentors also fall into losses at any time, i see in my mentors who still losses in big amount, but he has a lot of experience  in trading for many years. He can just share his knowledge but can never ensure about profits. If you will follow of his guideline of course your knowledge will be sharp.

Yeah right, the good thing with those kinds of traders they are good in bouncing back though they also lose in a trade but they are not stopping and they always have alternative plans, it's about their knowledge and capabilities to anticipate what's the next step after losing and what kind of adjustments that they need to recover back.

Mentors indeed can give you hints and patterns but at the end you still needs to learn more and adopt with how you want to find your success, you can't just rely on them but you need to rely with your own knowledge after acquiring those basics.

True!, Nothing beats out if you would really be just depending into your own skills and capability. If you do prefer on having a mentor then its your choice but sooner or later on which on the moment or time that you do make out such realizations that you are still the ones who would really be handling yourself towards this volatile market. The pros on having a mentor is that it could give out that idea on which you could be able to apply into your own analysis on which this could really be helpful but actually informations such as  this could really be searched online, thats why i dont see a reason on why you would be needing to get one?
When you do tend to make up your own analysis then you could be able to make some combinations into the ways or methods that you have learnt along the way.

Not all will really be able to afford or really that willing to pay for some mentor., They are good guides but you can't rely on them forever. Also, it will really be that ideal that you should also learn from it.
Dont make yourself that lazy and just simply following on what those mentors be saying. For the sake of learning if you do find it fast and good then you could pay for that but
as said that sooner or later you will be able to feel up that its not really relevant anymore because you could be able to learn on your own without needing them.

Right. Beginners really need it the most. But it does not mean that everything should be dependent on what the trading mentor said. At the end of the day, your trade, your own responsibility so you have to learn trading with or without a mentor.

However, having a trading mentor may provide you certain guidelines on how to trade successfully and profitably but the outcome still depends on how you apply all your learnings and make your trades more susceptible to gains than losses.

Indeed, even you can afford paying mentors and they'll be able to provide you videos and other things that can help you to understand its still a must that you'll extend your efforts taking time working with your own knowledge and skills, mentors are guides but in real time trades it's your decision making  matters.

You need to have that knowledge and you need to continue improving yourself and make you more comfortable with your decision making.

They are there to give some guides on which path a trader should go and what strategies they should apply.

Mentors won't make everything easy but it is our adaptability that will make us as profitable traders.

You do really have the point on which there are indeed factors on which could neither slow down or speed up someones learning specially that each person is really that different when it comes into this manner.
There are some who are fast learners and there are ones who are slow ones. Same goes into those people who do have resources on their learning tools and there are ones who do struggle on doing so.
There are people who are lazy and there are ones who are really that persevered on which this do simply shows or means that outcomes or results will really be that possibly different into each individual.
The important thing on here is that in the end of the day you  do able to learn up something. Its not really that bad to have mentor but you should know at least on having that self learn behavior too.

When you do tend to learn up trading then this is something that will really be not be a short time kind of process. The wrong thing about other people is that they do really that hurrying up themselves on learning
and this is where they do commit out tons of mistakes because of wrong impression. On the moment that you will really be seeing yourself having this kind of approach then you are really that bound into tons
of errors. Although since you are still on the learning phase then it will really be that just normal to have those things but adaption and versatility will really be that varying on a certain individual.

Yes and I think what I said earlier is a fact related to various factors that can affect the speed or delay of a person in learning and these factors apply to everything we want to pursue.
These factors are divided into several parts where some are natural and some are made by the person, such as a low IQ factor which is something natural, and some are made by the person such as laziness to learn new things related to the world of trading.

So that means I think it is quite right to say that the role of a mentor is nothing more than helping to direct someone on the right path, and in the end most of the success still depends on how serious the person is in dedicating himself to learning or also depends on whether the person has natural factors such as a low IQ that can hinder the development process or not, but usually in most people who end up failing are those who are not too serious about learning, because I see that it is not uncommon for people who succeed in achieving success even though at first their abilities are very limited.

You can never ever underestimate the importance of having a mentor I know that they are people out there who did it all on there own but having a mentor just makes things easier and faster for the students and you don't always have to learn some certain things the hard way your mentor will be there to pur you through what you should and should not do
Let's not forget about having someone to encourage you and tell you how to be better
As a newbe in trading I would really advise you have a mentor and for people who are not opportuned to have mentor this forum can help you in a lot of ways

Their are a lot of people that they sometimes feel that they can do it on their own but it is not usually very okay having someone guiding you is a previlage a very good one because as the person is guiding you can even use your demo account to actually learn before starting with you own money so any risk you want to take you take it over there. And when their is a mentor it truly makes everything very easy because when you even lack understanding their will be proper explanation given. And it will even save you a lot of time. The main purpose will be when you have someone by your side to put you through. Encouragement to matters a lot to because at some point you might even lose hope, when you have people that you are doing the same thing with they will encourage you. I agree with you if you have the opportunity of having a mentor then you should just grab it and allow your self to be mentored.

If someone wants to learn trading on their own, there is nothing wrong with it, but the process they have to go through will certainly be different from those who have a mentor in trading, because for those who have a mentor in understanding trading, it will certainly make it easier for them when they get things they don't understand, then they can ask the mentor, but for those who try to learn on their own, of course, they have to try to find a solution to the thing they don't understand,  For beginners who try a demo account in understanding trading, of course, this will be very helpful for them, but they should also be aware that when using money, they will of course have different conditions when they use a demo account, and when trying with money, they certainly have to be very careful not to make wrong decisions that are detrimental to themselves. Yes, you are right, choosing to have a mentor in understanding trading, of course it will be better because there will be many things that will be difficult for us to understand in learning trading and with a mentor, of course they will direct us according to the skills and experience they have in trading.

Yes, a mentor shouldn't tell you what to buy and when to sell, they should tell you how to figure out how to trade yourself, that way you can buy whatever you want to buy and sell whatever you want to sell with whatever you already learned. They should be teaching you getting better results and in that case it won't be easy to do this because it's something that takes time to learn but it can be done and it will take a while and dedication and student must be willing and hard working but it can happen.

After you learn, a trader should become good enough to pick a coin, a price point and somewhere to sell, that would make things a lot easier and should be something that will be a lot better with time as well.