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What could be the best possible way to have a trading mentor? could it be to select a mentor and then let them know that you have chosen them as your mentor or follow them anonymously without their knowledge that their mentoring someone, and you are following in their steps?

Whats your thought?

You have to let the mentor know about it and you have to seek for his guidance, that is what mentors are for. Mentor will have to teach you about trading, risk management, trading strategies and everything about trading in a way you will make money from trading until you are able to make money on your own.

But one bad thing about mentors these days is that some are doing it to make money from people but people will not really benefit from them in a way they will trade and be losing. Also some people can say they are mentors but using it to scam.

If you’re following someone that you claim to be your mentor without letting the person know is like you’re just looking up to his lifestyle of trading. You will never get the result you want and such person won’t be called your mentor but just a trader you fancy his type of trade. A mentor should know that you’re looking up to him and you should be able to ask him some questions where you’re lost and he should also be willing to guide you on many things in the market, that’s the only way they can be called a mentor. I think the generally used case of a mentor we see used as example is not actually what it depicts, until they know and can immediately put you through when you most need their guidance they can be called a mentor.

Be your own trading mentor that’s the best way. Why do you even need a mentor? If you can’t make your own trades, if you don’t have the skills, why don’t you just buy a market ETF or a mutual fund? If you are even richer, you can hire your own financial planner. When you copy someone else’s trades or make trades on other people’s tips; the moment you lose that guy, you are cooked. That’s no good. Either educate yourself and make your own educated guesses or buy an index ETF. (If you are into crypto just buy btc and hodl. Beats any trading)

Maybe it's not about copying, but learning what the basics or strategies are and then modifying them.
Because I do it to develop my knowledge of trading, not just copy and paste other people's strategy tips.

I started everything as well as self-taught, learning from google and Youtube and many other references, so I knew how the crypto market works.

It may not be a guess, but an analysis made according to market conditions so that you know where the market will go, this is basic knowledge that needs to be understood.
and the advice to buy Bitcoin and hold it for the long term is good advice because Bitcoin is the top coin that is already trusted,
but also to know when the right time to buy and determine what the target price will be reached.

It depends on the kind of mentor, I think the best mentorship is actually that which you have close relationship with, it is only with this relationship that they can actually share some of their secrets with you. In fact if not for privacy reasons I will even prefer physical mentorship. Having your mentorship afar will only limit some knowledge they can impact. But does this mean you cannot admire someone afar I don’t think so.

I think there are many very well dedicated traders who teach on YouTube and other social media platforms this type of people can be hand picked as mentors and you can follow up their guides to build your knowledge on trading and it can be anonymous but this will certainly not be same as someone who knows your his mentee. There is responsibility that comes when they know you are there mentee they will want to go extra to see you succeed and this is where you get extra motivation and information from them

I don't understand who you consider your mentor, the lead trader from whom you copy trades, or the signal provider? A mentor can be considered a trader who, for free or for payment, will teach you how to trade independently. But it will be very difficult to find a trader who will agree to teach you how to trade.

If you aim to be mentored personally, then you should let the mentor know that you want to be mentored by him. Assessments will be made prior to mentoring in order to identify your strengths and weaknesses, and it will only be possible if you set a clear appointment on him. Otherwise, following him secretly may not be a form of effective mentoring that may still lead to some inevitable losses before you learn trading on your own.

Yeah, you can tell that straight to them to let them know that you like them as a mentor.

But two things here.

It's either you're going to be mentored seriously because of how you admire them and being straight to the point. Or, they're going to make you pay for that admiration and they can take advantage of it for the fees that they're going to charge you.

The good thing of having a mentor is you can ask anything you want, unlike if you do self learning you still need to research them.
So why not ask them first for the summary of what they teach so that you know what skill you can get from the mentor?

I love a mentor that can teach about the list below. I didn't include the technical and fundamental analysis since that's pretty common everywhere and I am sure mentor also teach this.


This list for me is very important; most of these are related to risk management if you want to stay long on the market and be profitable.

When I needed a mentor in one of the areas of my life that I was trying to improve myself on, I just emailed them and they accepted. That is the direct approach. If distance were going to be a problem then just follow them anonymously particularly if they post a lot on social media more of the stuff that attracted you to them.  You can also read their books if distance and location difference is an issue. It is good to meet with your mentor at least twice a month or once depending on how busy they are. In trading this can also be applied here. And during the meeting there should be questions that you have prepared to ask them and not just a hi, hi meeting.

Just be careful with who you consider a mentor.

Many scammers out there are parading as a mentor as well. In some cases, they would point you to an obscure exchange they secretly own and at the end of it, they would block your withdrawals. There are shady folks too wherein you would actually get learning resources but the quality is doubtful as some are just good at marketing that they earn so much more from mentoring rather than their actual trading skill as it is not as good as they pitch it to be.

It relies on the kind of transformation you actually want. If you want to extract skill, certainly, you can follow someone silently, monitor their logic, reverse-engineer their perspective. That’s observation. That’s analysis. That's safe. But true mentorship lives in conflict, in criticism, in vulnerability. Knowing they are a mentor allows you to be challenged, see your blind spots, talk straight to your areas of weakness. Silent following keeps you comfortable. Direct mentorship forces growth.

Should they know or not? That's surface, though. You should ask yourself - are you ready to be seen? The most of them are not. They’d rather build an imaginary version of someone than confront the awkwardness of human interaction, of being corrected, of not being impressive yet. Furthermore remember that mentors are people. They’re not always available. Not always right. Not always stable. But when you step up and declare, "I'm choosing to learn from you," you are practicing clarity rather than dependence. That act alone is part of your development. And that matters. a lot.

A mentor can only be someone who gives you guidance and works directly with you to improve your business. If you follow someone you consider your mentor but they don't know you then you are unlikely to benefit from it if you are only learning from their lifestyle or their business. The mentor follower relationship should be a two way street if you truly want to learn from a mentor you should let them know that you are following their path and that you are willing to ask them specific questions or learn from their experiences. Your own expertise is most effective when it comes to trading.

I do not agree with the concept of mentor in trading, maybe true in teaching and learning something but not trading.

Trading can be learnt from free videos posted online - you dont need someone to tell you to trade or teach anything in it. Anyone selling a course in this manner is essentially a scam disguised in the form of giving information which is already available for free.

Its like selling a book called how to get rich, when in reality the author is the only one getting rich - how? By selling the book.

To choose a mentor who has the best ability in trading is difficult especially if it is related to anonymous, I see many people who learn trading with people who have knowledge.
But in certain conditions they do not succeed because sometimes they do not follow the correct instructions and even go out of the strategy given by him.
An experienced mentor will not put much pressure on people to start trading because they understand the psychology of people who are new to trading.

It is okay to follow the trading steps they teach, but we must also have an attitude in making decisions, so that when we want to trade we know what needs to be done.
Most people just follow the mentor fully but they do not learn how decisions are made must also be based on consideration.

Trading is very hard in Bitcoin and cryptocurrency market that is highly volatile and unpredictable. There are events like Pandemic, Tariff war that can break all technical indicator signals and if you don't use weapons like Stop loss order, Stop limit order, your positions will be at very big losses.

You can choose anyone as your mentor with an official contract or without it as an unofficial mentor just by action from your side like anonymously and secretly following that professional and experienced trader. Without any contract, there are many limitations in shared trading strategies as well as real-time trading actions from that "unofficial mentor".

The mentor can do things behind the scene, like using stop loss, stop limit orders and exit the market without any announcement to you and his followers. If you don't know what to do, and miss that important exit step from the mentor, your position can be at big loss while your mentor successful protect his initial capital nearly intact.

Trading if you have enough knowledge, experience and skills; avoid trading just by following anyone in this volatile market. Only trading independently and be fully responsible with your trading capital, trading positions and results as either profit or loss.

Having a mentor is good but you must find your ways and style because one method from others will not work for you. That is why you can learn from someone but you still need to learn by yourself to improve your skill. You can not always rely on your mentor to trade because you have different interest and analysis that you use. Your mentor maybe will not tell all things to you and keep some parts for them. But if you can learn more by yourself, you will get more information and knowledge about trading. That knowledge will help you to trade so you don't need other people to analysis because you can do that by yourself.

I don't think a trading mentor is necessary except for beginners. You can follow a trading mentor at first, and then, after learning and gaining experience, you can develop your own trading strategies. You don't have to follow anyone else's strategies.

If you want a trading mentor, it's best to choose one from Telegram or YouTube without telling them. This is better for you, as it prevents you from being taken advantage of, as many of them are scammers who may ask you for money. This way, you won't be defrauded. Also, if you don't like him, you can move on to someone else. There are plenty of them on Telegram or YouTube.

You need to first differentiate between mentorship and a role model or someone you are just following his ways. The latter could be openly or anonymously done, so you don't have to know each other. But mentorship is different, it's actually a RELATIONSHIP that's not, but similar to apprenticeship. You guys must both be aware of this relationship to make it a mentor-mentee agreement.

Some people need to have a mentor to understand things such as in trading If you think having a mentor is suitable for your side its good to have because they have your guidance, but again its your decision what you will do with your money; they are just giving their opinion. Im not a fan of having a mentor in terms of trading because its easy to understand and there's a lot of information right there in the internet All you need is to take practice and test the waters to see if this kind of strategy is applied to your trading habits. At the same time, you can train your skills and analyze things throughout, so you will become a dependent trader.

The first job of a trader is to put his own skills to use. Because your mentor may give you wisdom or advice. But you also need to continue your work through your own skills. Your mentor may be connected to your business. But your trading mentor's work must continue through your own skills.

So I think when it comes to trading mentors, you should follow your own work. Then you will be able to reach your goals accordingly.

Mentoring cannot be done without any connection because that’s not mentoring but merely following the rules of a certain guy who posts them on the Internet. Mentoring is supposed to be a two-way discussion in which the mentor and the mentee understand that he will learn from what the mentor teaches.

I don’t think not being aware isn't considered as a mentorship or something

My experience in trade to achieve goals or develop knowledge and also a career in achieving a professional trade without telling the mentor and without being known by mentors all in vain without a definite result when problems arise.

Tell the mentor that you follow them honestly so that they are willing to guide you well and sincerely, with the support, advice from mentors sincerely you will become a trading in a good crypto market and avoid risks, rather than usHiding, without being known by the mentor.

Tell them better you will be responsible for trading with their guidance, that's my experience, unless you are a reliable trade, maybe no need to tell me anything to the mentor.

You have to be direct, when we are dealing with trading having a mentor means you have access the person this goes beyond the person being your role model or idolizing the individual, you must have a relationship with the person that's how it works. Some mentors might ask for money and some might not, it all depends on the type of person you come across. Learn to choose your mentors wisely, it's not only about what you see online, go for productivity.

Real mentoring happens when there is awareness and permission to both parties. That’s one thing to secure so you can receive a proper mentoring. But if your objective is to avoid paying fees, you can still label him secretly as your mentor but expect that all your concerns will not be properly addressed.

We can find some reputable mentors online, but they won’t be able to provide so much help if there’s no permission from them.

Is it really a necessity to find a trading mentor? Just to remind everyone, trading mentors won’t guarantee our success, but the fact that we compensate them, they’re responsible to guide us in our trading journey.

However in my honest understanding, no matter how tough or difficult trading is, everything can be learned if you have the eagerness and patience to learn. So there’s actually no reason to hire a mentor, learn to experience it all by yourself. At the end of the day, experience makes you a great trader.

It is not a must to have a mentor. I also never have a mentor, I did a self-taught. However, it is good if we have a mentor that can make us easier to learn everything. A mentor can guide us to learn with an easier method because he knows it well. But I can agree that a mentor never guarantee us to succeed. It totally depends on us to succeed or fail. A mentor mostly learns us the basis matter, we will find out ourselves for the further knowledge.

Sure, experience makes us to know the reality/fact. With the experience, we will understand the proper strategy to use in trading/investment. It is because we will face the varied conditions. We also will know the effective ways to deal with any condition. Yep, experience makes us to be smarter trades/holders!!

You choosing them as your mentor is for me, the better option to this one. Although you can still learn just by following what they're doing anonymously, there are still some knowledge that they are only giving when you approach them. Of course, there are sometimes where you need to pay that knowledge, but you're lucky if you're getting it for free.

I think telling them that you choose them as your mentor would be better because there are some who are offering a 1-on-1 mentoring sessions where they will focus on you and will answer all of your questions. Some aren't free though since you're buying their time. :)

Based on my experience, having a trading mentor isn't a necessity, but if you want to shorten your learning, having one could help you. At the end of the day, it's still up to you if you want to be successful on trading or not.

I just want to ask you, op, do all traders want to have mentors? I never thought I wanted to have a mentor while I was learning trading until now. Because there are many ways to learn trading. One of them is youtube tutorials about trading.

There is also a google search that can give us options about trading, it just depends on the individuals how they actually learn trading.
But at the end of the day it is still up to us whether we want to have mentors.

Totally depends on the situation.

If its PAID- then you would normally be letting your mentor know that you have paid up on the subscription or the course.
If its FREE- then you can follow up anonymously, but you can still make out some questions since its free then you can be able to ask out all you want and thats an advantageous thing.
                Should be they aware then they dont really care as long is its free but if its paid then he/she would be needing to cater it out.

Learning trading is never been simple and its never been that an easy skill to be learn up and its impossible that you cant be able to ask specially if you are following some strategy.
Yes, you can google search but not all will be that clear into you at the time of execution and thats why its relevant that you do need up some guidance specially if you are a complete noob.
There are various ways but there are those who are self learn traders on which they arent spending up a dime to learn up and rather spending up on different resources that could be found online for free.
There's still those free mentors out there for better guidance but still depends whether they are good or just trying out to pretend.

There is nothing wrong with having a mentor in trading because maybe we can learn from mistakes with their guidance so that we have the opportunity to perform better, but finding an experienced mentor is not easy and may require spending money to pay.
If someone does not want to spend money to find a mentor, then the next step we can learn independently for trading issues and there are still many books or guides that we can study.

For some people, hiring a mentor is considered important because maybe they can learn faster in risk control.
It is not wrong as long as the mentor we are looking for truly has quality in trading, if asked whether a mentor is important, perhaps the answer will vary depending on which angle we judge from.

Mentors are needed especially if you are just starting trading remember the market is not as we think it takes high dedication to understand how the market works and a mentor or someone who already has enough flying hours will be able to identify what you should do when trading and a mentor can also minimize your losses but you also need to be careful in choosing a mentor besides that you should not rely entirely on the mentor. You have to find your identity and style in trading because every trader has different strategies that are comfortable for them.

When it comes to choosing a mentor for trading, there are actually two ways that you can apply at this time, namely by becoming someone's student to be able to find knowledge about trading that they teach you and others too. Or you can just follow someone through social media without having to contact that person every day, although you can also contact them occasionally if you really need it, but if we look at the habits of each person, they will definitely be very reluctant to share their knowledge with people they don't know. So I think you can choose one of the people you know closely if you really want to learn it more optimally for yourself.

We have people who run trading academies, whether online or land-based, where you pay certain fees to learn from them. They guide you through your journey and offer solutions to some challenges you may come across. They know you as much as you know them.

On the other hand, you might be following the teachings of an online tutor (mentor), more like a content creator. He might not really have a personal relationship with you. You learn from his general teachings and still do your personal research. In this situation, I advise that you form a relationship with your mentor so he can carry you along in your trading journey.

Others may learn from a family member, friend, or anyone they are cool with. All forms of mentorship demand that you make yourself and your intentions known so you get the appropriate guidance.

Having a trading mentor means that you have someone that can guide you properly on how to go about your trading. There's a difference between having a mentor and being inspired by one, a mentor must coach you and show you how to be a profitable trader. If the person isn't aware then you shouldn't call him or her a mentor. There's a right step to go about things like this and an awareness is an important thing to establish in such a relationship. Having a trading mentor fan facilitate your learning process and to me it's easier to learn that way.

Anyone that works for you will do the job, the most common is to make your mentor to know because them they will put in efforts in helping you achieve your dreams by mentoring you. For me I went to my mentor and asked him I wanted him to mentor me which he also made me to pay because he said when I pay then I will take my learning serious that people do not value what is being given to them for free but when they pay for it, that they will be over serious to learn so that their money will not be wasted. Some people follow their mentors through YouTube and the mentors do not know any of them but they still get good results and become professional traders from the guidelines of their mentors that is why I said, anyone that works for you, you should go for but as for me, I will always prefer my mentor to know about me.

Trading is not as easy as it seems in our very own eyes. We understand the market and can simply deploy our trading strategy and belt on streak winnings since it's core thing for all of us to do in the space. Following a path in the space is one of the basic step to take in the space. I do believe we all have mentors in the market and we're clearly aware how the market have treated each and everyone of us.

Talking about mentors, it's advisable to have one especially one who do care about his students and making them successful in the space just like he did. Mentors import trading strategies that will be classify and executed for his student with the objective for everyone's growth. The big question pops up, do we all emulate their trading strategy or we simply adapt to entirely new pattern?

Why not? I mean, it is like a helping hand but the only thing that hold sometimes to have one is because they are not usually free and then it may take a time to find a good mentor. But maybe there are still people that are prideful. They think they are better than everyone else. They don't need a help because they think it makes them weak.

You mentioned Youtube and Google there but there is this one trader I stumbled upon the internet. He said that he learned and mastered trading by only reading books. He is very successful though and lots of assets and stuffs now. I can believe him but if we don't have access to books yet, we still can rely online.

What kind of question is this? If you wish to be mentored, hence you need to let that person aware or confront him if he will accept your offer or decline. Mentoring will not be easy if you do it without letting know the mentor itself, that won’t serve the purpose itself.

However, if your purpose is just to follow him without making him aware, that’s your choice but you have to monitor your mentor most often so you won’t miss any single tip from him.

A mentor is suppose to guide you through the process of trading and as such, it is important you let them know that you’re looking up to them. When you’re able to make some good relationship with your mentor, it serves as a pathway to a faster trading growth and to achieve your goals more faster than just learning on your own.

Although, base on how large trading could be and many profitable traders uploading their trades and some uploading them on their YouTube channels, you can still follow their teaching there and call them your mentor since you’re learning from them and employing their strategies in your trade.

This is by the way if you can’t get them to know as a result of large number of followers around them looking up to them as a mentor too and also want to get in touch with them frequently. But the best form of mentoring is allowing the mentor knows and also him putting you many things you seem to find difficult and not understanding in your trading journey.

There are various kinds of mentors, YouTube mentor, TikTok, Facebook, and telegram mentor depending on which platform that the person is using to mentor you, and the last is a personal mentor who can also be teaching you one on one. someone can be your mentor without him or her knowing, those are unofficial mentors whereas official mentors the one you approached and both of you discuss and and agree on terms of mentorship.

Taking the bold steps on having a mentor is a good idea but you don't just go on selecting one when you've not made inquiries if such persons will be available to take the  up the task,it's a kind of cool to do so but first is to let the mentor know about your decisions and let him.be the one to agree on that. But regardless any of them is fine anyway cause me I do follow up my mentors and their guidelines as well as learning from their teachings before ever which letting them know that have chosen them to be one.

Indeed, having a mentor makes us gain knowledge or insight that can speed up our learning process because they have quite a long flight hours in understanding the market, as we know that the market is sometimes difficult to predict where it is going, even though the mentor has experience, what they teach is not always accurate and in the end the success we achieve we have to develop or hone our overall abilities independently

Mentors arent perfect and no one would ever be on which it is just that a bad mentality or belief to have in mind that you do believe that they actually were that too good. The main purpose on having a mentor is to have up some guide on what are the things that needs up to learn which this is why its that best that you do choose up on which one whom you do follow with because not all mentors are good when it comes to teaching. There are ones who arent that organized, there are ones who arent that clear or just that too fast or whatsover possible complaints that you could give into them but on the time that you do look up into someone whose that good when it comes on making newbies to learn up things on what they are supposed to learn then thats a good stuff. When you do spend up money and willing to make use on having a mentor just for the sake of having a good learning then make use of it. There's no way that you can take a shortcut on which most people been thinking, asking your mentor on something is just that normal.

It's all dependent on you, which of the options you mentioned practically works for you, some mentors have paid mentorship yet they have some materials they do put out there for free so if their paid mentorship is too expensive for you? You can choose to follow up with their materials ad when you are able  to afford  their paid mentorship you can opt in or if you are getting  all that you are needing from the materials you are seeing  then you can actually settle for that and probably share your testimonials about your progress with such  person and they will be proud they are making  salient impact out there with their materials.  So basically based on your capacity which ever works for you, you can explore but for those who are self learners I think using the materials out there without necessarily informing the mentors will work but always make sure you are not getting materials from more than two persons to avoid getting confused.

What you should consider is why change would it make if you let them know and you following their trends, is it working out good for you? If yes, then their is no need letting them know and just keep up with the trends and if no, then you have no choice than to change our direction because I believe the mentors as you follows them will also be loosing since you are both on same trading strategies which should be a call warn call to quit or locate better strategy which it does not have to be you that will let them know their trading outcomes.
I don't just see any need to let them know. But I think in otherwise, if the strategy is working out good, appreciating the mentor sounds cheerful and could b more motivating for improvement.
But then. I hope you don't take on-line trading streamers so serious so that you don't get mislead.

If you're following how someone trades online, his setups and all that and you're getting a handle on it and profiting from that, I don't think it's necessary telling them to mentor you. Just continue what you've been doing that's grinding out results for you; except you want that "I've a mentor" garb. Otherwise, remaining anonymous to them won't be a bad thing.

However, if you're trying to copy someone's trading pattern and strategy but you aren't getting all of that; it will be in your best interest to reach out to them and ask them to mentor you.

Whether you want to consider someone as a mentor is entirely up to you. However, a mentor can give you insight and suggestions on some important aspects of trading. A mentor may be able to suggest to you things like trading management, risk management, trading timing, when to enter the market, and what price to enter at. However, it is not the case that you will always get profit if you work according to the mentor's suggestions. In fact, many times the suggestions given by the mentor may be inappropriate.

It's up to you, if you needed your mentor attention since you're so lost, then let them know, but you can always follow someone like a really exceptional figure and consider them your mentor even without you and your mentor knows each other but you follow their tips and principles.

What matters is that you absorb their knowledge and learn from their experience so you know your way better and not lost in the dark.
As for me, I don't really consider mentorship important when it comes to trading, if it's business and startups, for sure I'd consider them as important. since it's all about knowing the "ways" and connection.

Thats quite normal if theres an influencer sharing his knowledge via his page or account. There are plenty of those who do for content. Of course that a bit odd to follow anyone but if his strategy working well then he deserved a credit of being a mentor even a silence fan who learn will appreciate that.

This forum platform is actually where many of us can become mentors through what they post and others even give us guidelines for the benefit of those who read their posts that have
source links and I see many like that and I even save others honestly speaking.

But there are others of us here who don't like mentors because they think that they are also their own mentors
because they are doing self-study about crypto in trading.

It all lies with your own preference. But I don’t see anything wrong following those mentors and treating them as your own mentors without letting them aware. There are still a lot of successful traders who are doing it, but if you think you want more personal interaction with your mentor, then let him know about it. The fee may be quite expensive, but it’s all worth it in the end as long as you are also open with him.

Creating an awareness is important first otherwise you can't really say that the person is following their foot step in trading, you must let the person know, trading isn't some kind of joke, you must always be calculative at all times..if you are using their strategies then they should be aware constantly about the moves you make in the market..if someone who you call your mentor isn't aware then the person isn't your role model in trading, this is how it works.

You don't call someone a mentor if you are just watching them and learning from their steps, that's called taking inspiration from someone, and getting mentored by someone means they should be guiding you specifically with things and teaching you or correcting you in every step that you make. That being said, I don't understand how you are going to learn from someone when they are teaching someone else. If you think you are smart enough that you can learn only by watching someone else do something then you don't need to watch someone, you can learn everything over the internet by reading or watching videos that give you the necessary information.

If you are planning to pay someone to become your mentor, I don't think that's a great idea unless you know someone who has hands-on experience about trading himself and you know that they do make successful trades himself. In that case, you might want to pay them if they agree to become your mentor and give you all the knowledge they have. Otherwise, if it's a random person who promotes themselves as a trading mentor, stay away.

I believe it relies on your search for what. Reaching out and letting them know you want to learn from them is the way to go if you want direct comments and personal direction. It builds a real relationship and lets honest advice come through. However there is nothing wrong with silently following someone who inspires you and learning from their path if they share worthwhile material publically.Still  that qualifies as mentoring in a certain sense.
Personally the ideal is to start by learning from a distance and approach them with respect and real interest if their style really speaks to you and you feel ready.

There is a fairly complete problem in trading because handling it the wrong way can cause losses at any time and the ability to control oneself along with careful calculations is also quite needed because following a mentor even if someone is not disciplined, it will never work.
In terms of experience, they may be much better, but there is also no guarantee that a mentor can continue to promise profits in trading because it is indeed quite speculative on the way.

As a consideration for growing experience and knowledge, mentors can help someone become better in trading, but it also requires their own ability to determine discipline, risk control and decisions taken.

For me I think one of the best ways is to follow them anonymously and observe closely, they tend to be the best version of themselves not trying to impress you but rather do what they do as a lifestyle while you follow,
I personally follow a forex trader “Alex G” on the  instagram space and the rate at which he does he’s things with transparency is just admirable and one would like to move that way as well..

Better to keep your mentor in check, imo.

What's the point of having somebody that wouldn't listen to you and what you have to say as a mentor?

There is nothing wrong with following in their footsteps, you can take the positive side of the mentor and their experience or knowledge when they trade and you can get new experience or knowledge for you. That each mentor is different in interpreting price movements when trading. You also don't have to tell them that they are mentors for you anonymous is much better.

We must know that we don't have to rely on one or several mentors when we trade, we must combine some of the learning outcomes from them and the results of our independent learning. By interacting directly when we trade we gain valuable experience there, those who succeed in defense and those who fail in trading we must develop our skills again and the final result or profit that is obtained is in your own hands or experience.

In trading you should have a personal relationship with your mentor, somebody that is experienced and can guide you to make good trading decisions. A mentor should be someone that you can chat with personally and he can understand where you need directions and guide you through to make the right decisions. Trading is not what somebody should rush into after listening to a couple of tutorials on YouTube, they might not tell you everything that you need to know and do at every point of your trading. Learning from your own experiences and losing money along the line is a long process, but if you have a mentor that has gone through those stages it will be a shortcut to your trading success.

Right now, many mentors prefer sharing their cryptocurrency knowledge by using TikTok platform make it easily how to get member interested for learning about cryptocurrency. I don't think have any special yet depend kinds of platform using by mentor because all social media platform most useful for sharing about cryptocurrency depend which one mentor become guider for us understood or not about cryptocurrency and they have most responsibility.
I have bad experienced with my mentor guide teaching about cryptocurrency and recommended us to buy any specific coins, but my mentor made fatal mistake due his recommended coins out expectation after dropping most lower price. I think must be selective when finding right mentors in cryptocurrency with their technical and approach easily for understandings.

Now many people learn trading with mentors online and they are quite confident that the mentor can guide them to achieve success in trading.
For me it is difficult because mentors who open online classes teach many people will not be able to individually supervise the process we are involved in.
Mentors are indeed important as a step to control our involvement in trading, but if it is online I don't think it will help much.

Learning trading is not easy because it is impossible for people to get experience just by watching channels on YouTube.
If there is no ability to control emotions and do not have good knowledge, trading will not be able to be run properly.
It is better to learn with a relatively small capital so that slowly you can be more experienced and evaluate every time we get a loss.

Replace mentor with admire in your post please  :(

If you follow them anonymously without their knowledge, how do you expect to ask when you need more enlightenment about some of their actions that you don't understand? Are you scared of being asked to pay mentorship fee?  ;D

It's better to let them know about it so you can have full freedom and confidence discussing with them. If they are aware, they might as well share some secret tips with you and how or when to apply it with every explanation and guide. The best way to learn is to know the plan and the execution process not just the final part. Being anonymous follower will only allow you to know the result but not the strategy behind that.


I don't know the angle you're viewing this from but is it possible for someone to just wake up and become expert in whatever they do without a mentor? I know we are in advanced technology era and there are various tools to help one out even without a physical mentor but I don't think that is the best way to learn. No matter what, there must be a noticeable difference between someone that learn physically and one that learn digitally and the experience will never be the same.

Youtube is all you do need and some google searches on which its something that you do consider out when you are trying to look or search for informations. We do know that on the moment or time that you do tend to learn something then it will be that up to you whether you do want someone who would be teaching you out or you do want to learn on your own. Its not just that because you dont have money, it is just that you've seen that you can do it on yourself without needing those mentor or would be needing to pay up something just because you have wanted to learn up trading. Somehow it will be that still depending on you because if you do find yourself that learning up fast when someone do make out some guide then its up to you on how you do take it but for me then i will be that liking to go on self learn because i do have my own time on when and on where i do tend to read up if ever there are some write ups and do watch videos or what.

Should your mentor be aware? If you are paid then you do definitely ask on what are the things that you are that you are confused or doesnt get on whats being taught. If its free mentoring then you also ask out too on which it isnt bad to take up such questions as long it do clears up on what are those things that you've been that not be able to understand. So it will be that up to you on how you do act things in according on what you do seem its right. Its just that too impossible that you cant be able to determine on whats better for you and whats not.

A mentor is different from a trading signal provider because a mentor is like a teacher who will teach and guide you through the processes that you need to go through during your trading journey. They will tell you how you can read candles and charts, what strategies are useful and effective in certain market conditions, how you can use risk-management techniques to reduce risks, how you should manage your bankroll and divide it into different positions or assets, etc.

Once you learn all these things, then it's your own responsibility to judge the market and make your trades accordingly. I don't think a mentor would take the blame for your trades because their job is only to guide you about it and not to tell you when you should open and close a trade and what coins or tokens you should trade, etc. It's your money, and it's your responsibility to do that.

Even though a mentor will usually be experienced in trading, we should still not expect them to provide us signals.

I learn about trading by just watching videos from different influencers. I realize that I can gain more knowledge from having multiple sources of information rather than from mentoring one. Might informing them that we are following them could boost their reputation and confidence, but I'd never do this.

With so many traders around, surely they are following anonymously. We can do whatever we want because all the information is available online. Exploring the internet helps us learn more, but sometimes, this also gives us confusion. That is why I've found it better, especially for new traders, to just follow one person until they have gained enough knowledge before exploring other strategies.

People have different ways of learning something and not everyone can see guidance easily without guidance.
Mentors are quite helpful in improving one's skills in trading, but it takes one's own ability to analyze the learning that we get.
If your ability to get involved in trading without needing a mentor, then this is much better because you don't need to pay someone to learn, but not everyone can learn independently without guidance.

Now there are many learning methods that can be learned, but it comes back to each individual.
Nothing is impossible, it's just that what I mean is having a mentor is much better because we can learn to understand trading faster.

They work differently in the sense that the benefits you'll get from either of them influences your chances of focusing on one.Apparently,seeking to chose someone as your mentor anonymously, without their knowledge will require that you'll be learning without their thorough guidance and proper counseling support that you'll be needing to scale through as a trader and that's based on self discovery and development you can achieve that.

It will be difficult for someone who's not smart to learn how to trade from an online trading mentor because they need a lot of break down on their learning process. However, online mentors and offline mentors are not the same because a beginner trader have access to meet the offline mentors for future explanations. Many expert traders don't teach newbie traders how to trade for free, and they do not teach them everything. But one who wants to learn quickly will make their own research.

No doubt during trading learning need too much discussion with usually its better works in groups where many different minds give their ideas and also sure their expertise with all online classes or mentors never give real time things like these.
Due to recent domestic issues now online classes and things are getting good intention but results are not like mostly expected so still having real time class with going to talk with mentors and relates persons always give better strategy and way or learning.
Many usually complaints about time and want to avoid real time mentors which surely never help them but still few try to go ahead which never works or give them things which never works for them as they can do with face to face which are superior system in all conditions.

It’s your choice, you can decide to follow your mentor anonymously, and you can make it clear to them that you are following them, if they know that you are following them, then they will be able to share some things with you, and they will be able to guide you very well, but if you are doing it hidden, then even if there is anything they are suppose to share with you, they won’t do it, because they won’t even know you are following them, but to me it’s better you let them know about it. But I still have some people I follow and they don’t know about it, I just read about things they post on social media, and I do make use of the post which I know is useful for me, but I don’t have to start chatting them, and telling them they are my mentor.

Only few that will be able to learn on line there is lot that the person have to learn over and over again because you will need to study things well before you can understand it, it can can actually take months before you can. There things that you will have to get a better explanation for something because it is actually very technical to learn some things alone.

There people that they will teach you for free but there people that won't value so this is why they make some people pay for it, when they want to give up they will look at the money and the stress they have gone through just for them to learn. Even if you have to get mentors it will help a lot because I believe that when people are thought it is easier for them to understand than weh they rely in information that you read online. And for you to learn you will have to open your mind so there is a lot that will take longer period to learn. You just have to wait till you can find your way around.

As support or additional knowledge, mentors have a role for someone who wants to learn to trade, but they need the ability to independently determine.
Mentors can play a role in providing knowledge on how to apply strategies and usually it will be much more optimal when they can meet in person for the learning process.
Expert traders do not open free classes because they have to be paid, but many people are trapped as if they cannot learn to trade without a mentor.

Individual abilities can be developed when someone wants to learn and mentors also do not determine the level of success of a person's trading if they do not have the ability to make decisions individually.

That depends on the mentor because not many will teach you everything they know about trading. It will be good if we can find a good mentor who will share many things about trading and really teach us. But they will ask you about the fee before teaching you so that is why we need to learn trading by ourselves. We don't have to worry because we can find so many good lessons on Internet. We can learn many things we want and improve our skills. So when you meet a mentor who ask for the fee, you can leave him and search for other mentors or other ways.

You are actually right, and this is the exact duty of a mentor, but the major problem this days is that most times you can't even get access to your mentor again, especially if the person is very successful in the craft, and most times for him to even know that you sees him as your mentor is a problem, because for you to get close to him or talk to him in person is a major problem, due to the fact that the individual in question mostly surround him or herself with securities or is too far from your geopolitical location, so this are one of the barriers  you normally get these days if you really wish to talk to your mentor on were you are still failing and how you can improve.

I don't necessarily think that it's about making money here, where the real problem is, is in communication and how easy it is to get access to your mentor, because I believe that if you can get access to someone easily, it would be very easy for that person to mentor his students very well, and that person will improve overtime, but not having easy access to him will greatly limit him or her in his ability to improve if he greatly depends on his or her mentor for guidance.

We don't need trading mentors.
We tell ourselves that we need one just so that we can be lazy and not do the work. YouTube can provide all the knowledge that any mentor will share with you. There are traders who are sharing their real-life unscripted trading journey which includes their losses and successes.

You can find traders in a forum where they also do the same thing. Even the people we want to mentor us watch YouTube to get that knowledge to share, they watch YouTube to working on their set up. And if eventually get a trading mentor and they ask for money, you are better off paying for an online course than that.

This is exactly my thought. The mentorship will really flow well if the mentee can ask questions and engage with his mentor properly. Although people learn differently, trading is very risky, and those who wish to take up careers in trading should put in all efforts to learn from the best. I don't know why anyone would want to remain anonymous while learning from someone whose teachings they admire so much. Maybe they are only trying to avoid paying some mentorship fees.

The best way is to follow many mentors and watch them closely through their social media posts. You can pick based on the things you see.

A mentor is a person whom you can ask questions of and who can guide you. It is someone whom you could trust, and of course, you should let him/her know. As we mentor a person, it is to believe that we follow their words. Because it was useless, if not.

Seeking advice from these people is expensive, that is why some just prefer to watch free tutorial videos. In fact, there are a lot of trading sources online. It might not all be able to be learned, but at least we are already guided.

That's why they decide to stay anonymous so that they don't get exploited because many newbies are being scammed because they want to follow those they consider to be their mentors but the mentors are only after the money that they can make from them. After exposing to the mentor, many of them will start to sell you their courses and they'll demand you buy them before they can proceed further with helping you achieve your goals of being a trader.

When the mentor isn't physical, I don't think there's any reason to make yourself known because people that don't have a personal relationship with you will always want to take advantage of you and because of your carelessness, you'll fall a prey to them that they'll use in making money.

Depends on what you want for them to teach. If you're just curious about their trades ( to copy or something) personally I'd say stalking them would be enough. If you wanted to know their logic, thought process and stuff though, telling them to take you under them might be better. Although they may sometimes post stuff like that, god knows whether it's really what they think or just throw off the general market that they influence.

Honestly I'd just say learn on your own if you can. Takes time yeah, but you won't be over influenced by the intention of others at the very least.

Having a mentorship process that involves physical and active involvement of both parties is the best form of mentorship since you will be guided on the step-by-step step to achieve your success goals, and it helps you to overcome any possible distractions and mistakes that may arise if you doing it on your own.


So is best you open up to the o e that you calm your mentor instead of you, trying to learn from afar, making it hard to learn so many basic facts that could help prevent you from making mistakes in trading.

Meeting in person is indeed better than distance learning. Maybe in this era we can do it because we can meet face to face through the platform that provides it, but it still has its drawbacks in my opinion.

Whereas if we meet in person, then we can build interactions more intensely and even ask something as small as anything. It's different if we don't meet in person, because we might not find questions because of limited time and so on. And usually we will be more reluctant to ask if we don't meet in person.

Not that very common nowadays on having that face to face mentorship but actually this is that far more better since you can personally ask out some questions if you are that being confused into something but since we are already in an era on which we are already that each one of us does have that own mobile phones or laptops on which we can communicate through online on which i would say that this is the norm now and most people will be that preferred because there's no hassle on going to meet up on physical but actually it will be that someones preference on how they will be that trying out to deal up with mentorship from those gurus.

If you do have some questions then even if its paid or free, then it is just that ideal that you should be asking no matter what. You are the ones will be benefiting out whenever your questions be answered out.
We do know that there are groups which do have that paid subs and there are free ones. If you do able to get in with those free ones then its good as long you do able to learn yourself then thats a good thing but if not then go into those paid ones and looks out whether this one is worth or not.

I don't agree with all you have said because there is a limit to what a mentor can do for you as a trader, be it physical mentorship or virtual mentorship. The bulk of the job is on the person and how the information passed to him is personalized and put to use. From my experience, over-dependent on a mentor have this way of creating lack of confidence and traders who do this end up feeling more comfortable with signals from their mentor than their own analysis and this is where failure starts. Mentorship is good and a great way to start and any means the lesson is passed makes little difference.

Yes you are right, now it may not be a common thing unlike before. Time flexibility may also be an advantage in this era with the existence of a platform that can make us communicate directly. But of course as I said before, face to face allows us to ask something in more detail.

Now if it is a group, it will be more difficult to find the answers we ask. Because usually they only come with announcements, while we can only discuss which sometimes does not answer our questions. Even though the access is called VIP, detailed questions are still sometimes not responded to.

In the past, I paid a lot of money just to enter a trading learning class owned by a fairly reliable trader. And I didn't just take part in one class, but I took part in several paid trading classes. My only intention is to learn how the mentor makes analysis. I tried to absorb every experience explained by the mentor in the paid class. And don't let it happen that when we enter a paid trading or signal class we only focus on the signals given. That is a big deal. We should focus more on how the signal is generated. And what analysis is used, such as what indicators are used. I used to learn step by step. And then I realized in the end we can't be like the mentors who guide us. But in the end we can only learn from them but still we also have to find our own trading style. because everyone has their own way. It doesn't matter whether you are anonymous or not. The most important thing is that we must absorb their insights well and practice them in our own trading carefully. And in the end experience is the best teacher I have encountered.  ;)

That's right. Having a mentor is good for accelerating learning because a mentor can accelerate the learning process with the knowledge he has and with the experience that the mentor has. This indirectly also helps you a lot in avoiding risks in trading. In addition, having a mentor can improve skills and of course a mentor can help us avoid risks in trading that can cause financial losses.

But still as you said we also have to find our own way and style in trading so that you can collaborate the information obtained from the mentor with the information you research yourself. The point is, you should not trade depending on the mentor, but you also have to be independent in trading. Don't let all decisions come from the mentor, because the mentor's goals and your goals are not always the same. So make information from the mentor for comparison with the results of information from yourself before making a decision.

If it is a "good" mentor then yeah, but usually not that many are good. Too many "mentors" in the market are people who charge money for stuff and that is the money scheme and they are just trying to make sure that they are making their own bank and they do not care about what you are doing.

Because that is a great way to make money for them and they know that as long as enough people sign up then if enough people do, then they are getting richer. If you end up making money based on it then that is great for them too because they can convince more people, but that is never important for them. Mentors are tough to find, specially a good one is incredibly hard to find, it's very rare and not going to happen that quickly at all, you have to make sure it goes great for a while first.

There is no regulation of this system, therefore there will always be people who are misguiding you and leading you to shill games.

I never trust the people who ask for money for doing something that is free of cost. The information that these mentors speak of can learnt eventually by practice and dummy trading.

Being your own mentor is good but you will need to observe others a lot to be successful in that - you can only teach yourself part of what you see.

Honestly both techniques can work depending on your style. If you’re the type who learns better with direct instruction  contacting out and letting them know may be fantastic, especially if they’re open to mentoring.

But if they’re big names or not simple to approach, following them silently and learning from their stuff is still very important.  I myself enjoy a combination of both, learn from afar but also try to interact when feasible, even if it’s just to ask a few questions.

It is not a good idea for you to choose someone as your mentor without the person's awareness, because you will hardly learn properly from him or her. Making someone aware that they are your mentor will give you a lot of opportunities. For example, whenever you ask him or her a question, they will answer you as a mentor and make things easier for you to understand. In fact, the way they will guide you will be different from when they are unaware that you are learning from them.

There are some people who choose mentors without the mentor’s awareness this often happens on social media. But if we ask those people, we will see that there is a difference between being mentored by someone who is aware and someone who is not. When a mentor is aware that someone is under their guidance, the experience is usually more intentional and beneficial.

What you said is true. There’s no better and effective mentorship than to have a face to face meeting and discussion about the goals of mentoring, and what you want to expect to gain and achieve once mentorship is done.

However, mentorship without letting know the mentor that you are following him seems like you are just avoiding the cost of mentorship. But I will stick to this, if you want to be mentored efficiently and productively, you need to pay the price, no one’s excuse for that.

If you aim to have a serious mentorship, then you should let your mentor be aware that you are choosing him as a mentor. Your private discussion will pave way for more efficient learning that you should gained from him,  since you will see him as someone like your model, and whatever his words are like your guide that will lead to a bigger understanding and better trading experience once the mentorship is done.

That works better for others, and I guess that will also work for you, but you have to pay the price whatever you both agreed.

Choosing someone to be your mentor without the person knowing you are following will be a waste of time because you will definitely not get what you want, and you may copy the person's lifestyle, but deep down you will not get the accurate way of how he or she trades. Since he’s not aware of you, telling him or her will create more opportunities for you to master the market, since he will be opening up things for you to lean on, probably telling every single move he makes in the market, and he will keep you updated on the market moves, but following them anonymously won’t give you such opportunities.

Sometimes you may know when he enters a trade and won’t know when he will be cashing out and closing the trade. But if you tell him, you can see that everything he’s doing you will know because he already knows you are there following, so he won’t want to lose your money while he’s gaining profit.

However, the thing is that some mentors ask for some money before they can help you. Is it that you don’t have the money to pay? Is that why you think following them anonymously is a good idea? If yes, then I will say instead of following them anonymously, you'd rather learn trading on your own.

I don't think having a mentor without the idea of who the mentor is constitutes good mentorship. In mentorship, it is expected that both parties have some communication, allowing you to learn from the mentor's past experiences while also sharing your challenges as a trader. When choosing a mentor, there must be an awareness of the person you select. If someone prefers to have a mentor without the person knowing, in that case, we can consider that person to be a role model rather than a mentor. Trading has a lot to teach, and if one is having a mentor, it is best to let the person know to gain a better understanding of trading.

Following a mentor anonymously without their knowledge will make it difficult for you to develop because you will always be in their shadow due to your high hopes for what they do. The best option is to tell them, you will get full guidance from him if he is willing.
You should not follow a mentor randomly because it will make things difficult for yourself due to the gap in knowledge about trading. You also need to be independent by learning the basics of trading, there are many members here who are knowledgeable about trading, in my opinion, making one of the leading forum members as a mentor would be better than choosing a mentor outside the forum.

Not all mentor teach all of their knowledge to those who want to learn with them. We still need to search for the other information that we need besides of learn from them. Our needs in trading will be different than what the mentor have so that is why we must search for the other resources and learn more.

You can learn the basic of trading for the first but you should learn from other sources to improve your skill. If you get more information that is useful for you, that will give you a chance to have a better skill.

You can telling that person that you use his lesson and follow that person. Trading will be personal decision and that will not related to the mentor because we make our decision to trade. The mentor is just teach the things related to trading while we need to learn many more about trading.

It's true that letting your mentor aware that you choose him or her as your mentor is quite ok, but their are some cases whereby your mentor might be a very big personality that you cannot even get access to, talkless of asking for guidance when you are seriously in need of it, but if you can easily have access to your mentor, it's a massive plus because it's going to improve the said person if the mentor is really committed to that person in showing him the right things in trading.
This another major obstacle and disadvantages of having a mentor nowadays, because they care more on what they stands to gain, instead of how their mentee can improve in the craft.

There is no "the best possible way". There is only luck. If you are lucky enough to have an experienced trader among your relatives or friends, then this is the only way to get a mentor.

Yeah, give him an honorary mentor badge to boot. :)

The mentor himself should tell you that he is ready to teach you. But I don't think that strangers will want to waste their time teaching a competitor for themselves. Even for a fee. I believe that only a close person can become a mentor, in some sense a trading partner, who will benefit from teaching you as an assistant, for example. But for this, "all the stars must align".

Oh, yeah. Start stalking him. :)

I think you should get rid of the illusion that some mystical trader will show up and teach you all the secrets of trading, after which you will become fabulously rich. You are looking for an easy way. It doesn't happen. There is one effective way, it is to study and gain experience. Otherwise, it is impossible to achieve success in any business. Including trading.

To be mentored is to receive help and support from an experienced person to aid yourself to grow and develop as an efficient and effective trader. For this to happen, you need to have a face-to-face conversation with your mentor so he can assess you and pinpoint the things that you need to enhance and develop so you will be a successful trader in the near future.

Mentorship without letting know the mentor itself is making him clueless. Yes, you can secretly follow him but you will never receive the right assistance that you need as a beginner trader.

Thats common sense on which we do need up to take up some actions too and not just that totally reliant into those mentors or gurus that we've been following. Also, come to think that the more knowledge you do obtain then the more better. There are that just that those people who are just that contented on the current level of knowledge that they are currently earning or gaining. Well, its not bad to do so as long you arent that doing something stupid going against it. For someone who do follow up some mentor freely then its not bad to have such option as long it will be that something beneficial for you then took up the chance or opportunity on doing so. Actually there are tons of free groups out there and with those mentors who do give out some public shares about on kind of niche that they are that teaching on with. On the time that you've seen that its getting in line with the interest you do have then its up to you whether you do follow them or not.

Just like on what been said that not all will be providing that complete information into something on which it do simply means that you do need up to spend up more time for you to learn up in other sources. The internet is vast and the things you do need up to read could be just that found online. There are just that those moments or times that you do become that too lazy and doesnt want to take up some step further and just that contented on what you do currently have now. There are those people who doesnt want to have that kind of continous progress in compared into those who do want to get information as possible as much as they want and thats why they are that very attentive on different possible sources on which they could get those informations.

yes there are many ways to get the information we want, of course it will increase our insight even though we need a mentor for some things but all of that has limitations that must be seen not only in that matter, but in the field of knowledge that we want to know it turns out that there are still many mentors or teachers who have certain knowledge that clearly do not have all the knowledge, so clearly information from many sources is very much needed.

I feel either ways you tend to go about it it's fine but one need to know that choosing a mentor means a lot and you don't just take up decisions on your own in they regards, I would say one can choose a mentor without meeting or knowing them. That's to say they stay at their distance and follow their guidelines probably online but it's better of to walk up to such persons and open up your mind in making them your mentor. That way it gives you access to their mentorship and tutorship guidelines.

Trading need that you have someone to guide you as a mentor, not just that the person should mentor you, but he should follow you up in all your trading journey. Every trader should have someone he is accountable to especially when you have not mastered your emotions. In selecting you mentor, you would need to check his trading history if he is a profitable trader. He should also know how to communicate knowledge or impact knowledge to another person, he should be someone you can respect. Because, times when your emotions are having the best of you, he can tell you to stop! And you should be able to stop