The Importance of Having a Trading Mentor

[Dzwaafu11]

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

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.

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.

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.

[khiholangkang]

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.

[lixer]

-snip-
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.

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 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.

[GigaBit]

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.

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.

[ndutndut]

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.

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.

[Pandu Geddon]

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.

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.

[betswift]

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.

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.

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.

[Adams0001]

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.

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.

[Dewi Aries]

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.

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.

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.

[SamReomo]

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.

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.

[retreat]

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.

[Dr.Bitcoin_Strange]

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.

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.

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.

[khiholangkang]

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.

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.

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.

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.

[Akbarkoe]

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.

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.

[Adbitco]

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.

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.

[mirakal]

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.

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. 

[tvplus006]

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.

[Adbitco]

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.

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. 

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.

[Stable090]

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.

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.

[Davidvictorson]

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.