Importance of a mentor, teacher or guide to a beginner trader.

[Issa56]

As an individual considering to start trading, understand that the money you can lose trying to learn to trade on your own when you know that learning on your own is a difficulty will be more than the amount of money you will spend if you decide to get a mentor, teacher, or guide early.

Sure, if you are learning on your own, you are going to lose more money in the learning process, but that doesn’t mean you are not going to lose when you have a mentor, it’s just that there are some mistakes that you will make when you don’t have anyone to guide you, but if you have someone, then mistakes like that will be avoided, so if you are going into trading, it’s not a bad idea to have a mentor if you can get a reliable person, not a newbie that will claim to be a professional.

Some early mistakes in trading are capable of ending your trading career. A mentor, teacher, or guide can help you avoid some of these major pitfalls.

But even if you have a mentor, there are some early mistakes that you still have to make, sometimes your mentor will instruct you to do something, but you might be scared, and you won’t do it, so there are some little mistakes that, as a beginner, you can’t just avoid.

[passwordnow]

I agree that the current trading space is full of people like that - but if that's your friend or pal, then maybe it's worth risking things out.
Otherwise, if he offers you fees and why not, or you don't have evidence from others that he really delivers - yeah, that's a no-no.

True, if it's a known people to us, it's worth to try but don't wholly trust them. Because with that kind of relationship, they might go loose on you and will do crazy things with your time and much worse, with your money. Only it will happen when you're too gullible and don't consider things before finding a mentor. The evidence and condition will be based on you as a mentee and from there, you have to see results and that mentor friend needs to show results too. If nothing is shown, you better stop trusting that guy with your money.

I had one, he was a friend and he was a finance person before he got into crypto and after getting into crypto he made a lot of profit because to him it was simple and he made millions. He helped me learn trading, before him I didn't completely understood things, I had some studying about it before him as well, but I never understood it completely and things didn't made sense and I kept on making a loss. Thanks to him answering my questions he helped me realize my mistakes and I started to make more money.

I didn't get rich like him, for two main reasons, first of all I do not have the capital that he had, but secondly I had to also take out money all the time to pay for my life and debts, so I never grew too much neither, but my results are better thanks to him.

That's better than nothing. And you owe that to your friend of yours and that's why sometimes, they're all a blessing in disguise and we only have to start talking to them so that they will know what we are up to. With that, you're able to learn more and become better in trading and even if you didn't become rich, you already have a path way and all you have to do is to continue and make sure that you get something from the learnings you have made from him. You can still do and if capital is the problem then it only takes you to save some money first.

[Dewi Aries]

Some early mistakes in trading are capable of ending your trading career. A mentor, teacher, or guide can help you avoid some of these major pitfalls.

But even if you have a mentor, there are some early mistakes that you still have to make, sometimes your mentor will instruct you to do something, but you might be scared, and you won’t do it, so there are some little mistakes that, as a beginner, you can’t just avoid.

Yes I think that's true because no matter what is called a mistake, it cannot be completely avoided, especially when we are talking about beginners, even in general experienced traders are never free from mistakes, perhaps it can be said simply that in trading, mistakes are something that is very possible for a trader to do even though he has a mentor, and remember the role of the mentor here is to minimize all unwanted possibilities, it does not mean that you will never lose but their role is to make the amount of your loss not too significant with the scenario of giving you direction regarding what is allowed and not allowed to be done in certain situations.

[michellee]

The one who will teach trading should not tell when to buy and what to buy, otherwise there will be no sense in such training. After training, the student should start trading independently (preferably with small amounts of money), he will of course make mistakes, and the teacher's task will be to point out where the mistakes were made, so that it is clear what was done wrong.

And then everything will depend on the student, if the mistakes are repeated again and again, then most likely such a trader will not be able to become successful...

They don't have to tells that but people who under them will thinks that those people will gives their prediction and will say that they should buy the coin at a certain price. Many people becomes rely on them and wait for the next signal from those people but again, they will difficult to make more profit if they do that. They will not have a chance to improve their skill better because they don't want to learn more about trading and only wait for their mentor saying about what coin they can buy and what price they can place their buy or sell order price.

[Jewan420]

A teacher or mentor is essential in learning anything, not just trading. You can acquire knowledge without a teacher but you must face some problems to put it into practice. Because education and practical use are two different things.

By the way, I find it most important to have a mentor or teacher when it comes to trading. You may be able to learn the trade on your own very easily but practical application is very difficult. You don't encounter those risky or difficult moments of trading when you are most likely to lose. You don't even know what to do in those moments. A teacher or counselor has experienced these moments, they know what action to take at any given moment. They will definitely teach or help you learn realistic trades.

[Natalim]

It’s not actually necessary that a mentor, teacher or guide is a person whom you trusted the most. Your own mistakes and failures could also serve as your mentor and guide. Although the learning process could be quite difficult, but if you have the will and determination to succeed on your endeavor, you will not limit your learnings but will explore more outside the context.

The pioneers that turn out successful traders are the living proofs. It’s just a matter of courage ang patience. That is why if you want to trade, prepare yourself, financially, mentally, and most importantly emotionally, as there can be no instant success to trading.

[bettercrypto]

As an individual considering to start trading, understand that the money you can lose trying to learn to trade on your own when you know that learning on your own is a difficulty will be more than the amount of money you will spend if you decide to get a mentor, teacher, or guide early.

A mentor, teacher or guide will not only teach you the basics in the order of importance and how you should know it, but will also share with you their experience, and that can be very invaluable.

Some early mistakes in trading are capable of ending your trading career. A mentor, teacher, or guide can help you avoid some of these major pitfalls.

If you are a newbie in the field of crypto trading and you have a mentor, it is an advantage if the mentor is good—a teacher who will guide you in this matter. Or there are others who invest in attending seminars about trading just so they can learn.

That's why those who pay for the seminar that will teach trading, I don't favor that because most of those who attend this session will be wasted, because the learning of trading is not obtained in one, two, or three sessions to be able to say that you will be wise and be able to trade and be able to get a profit in the trading industry, which is usually what the mentors teach in a session or seminar is really just the basics. This is all I know only.

[Zoomic]

It’s not actually necessary that a mentor, teacher or guide is a person whom you trusted the most. Your own mistakes and failures could also serve as your mentor and guide. Although the learning process could be quite difficult, but if you have the will and determination to succeed on your endeavor, you will not limit your learnings but will explore more outside the context.

Even with a mentor, mistakes are still bound to happen. These mentors may be experts in trading but they still have moments when they make losses and still learn their own lessons too. A newbie trader still needs mentorship to guide him on what to and what not to do, this does not mean that everything will go smoothly and very perfect. While he gets this guidance from his mentor, he would be gaining some experiences along the way. The good thing is, a good guidance will reduce the number of mistakes and ofcourse risks he will make. If he is determined, he will grow and do even better. But, he should prepare his mind for any outcome because trading can be emotionally stressful.

[FortuneFollower]

It’s not actually necessary that a mentor, teacher or guide is a person whom you trusted the most. Your own mistakes and failures could also serve as your mentor and guide. Although the learning process could be quite difficult, but if you have the will and determination to succeed on your endeavor, you will not limit your learnings but will explore more outside the context.

Even with a mentor, mistakes are still bound to happen. These mentors may be experts in trading but they still have moments when they make losses and still learn their own lessons too. A newbie trader still needs mentorship to guide him on what to and what not to do, this does not mean that everything will go smoothly and very perfect. While he gets this guidance from his mentor, he would be gaining some experiences along the way. The good thing is, a good guidance will reduce the number of mistakes and ofcourse risks he will make. If he is determined, he will grow and do even better. But, he should prepare his mind for any outcome because trading can be emotionally stressful.

Mentor is only a guiding hand, whereas you yourself - you are an explorer, who takes decisions and makes the best out of them.
Emotions are at bay, and you - in profit.

[Jaycoinz]

A lot of people neglect the importance of having a mentor to guide them in their journey to becoming a successful trader. Learning about the financial market by yourself might be very challenging, you are going to make a lot of mistakes but having an experienced mentor to guide you can facilitate your learning process and prevent you from making some bad choices. I would suggest beginners to look for a mentor that can teach them physically instead of buying courses and seeking online mentorship, most of them have scammed a lot of gullible people.

[Dzwaafu11]

As an individual considering to start trading, understand that the money you can lose trying to learn to trade on your own when you know that learning on your own is a difficulty will be more than the amount of money you will spend if you decide to get a mentor, teacher, or guide early.

A mentor, teacher or guide will not only teach you the basics in the order of importance and how you should know it, but will also share with you their experience, and that can be very invaluable.

Some early mistakes in trading are capable of ending your trading career. A mentor, teacher, or guide can help you avoid some of these major pitfalls.

A mentor is very good if you have the opportunity to meet a successful trader—I mean, someone who has already successfully started a trading journey. Because this person will guide you in every step you want to take in your trading journey, and also that will reduce the loss on trading. Although even if a trader has a mentor, they will still lose, but not the same as when you do it alone.

And also after the learning process of a newbie trader. Although sometimes we need to be careful with some traders because not all of them are good at trading, as they show up, some of them do different things and claim that they are traders, and that is why some newbie traders will lose too much even with their mentors. 

[retreat]

As an individual considering to start trading, understand that the money you can lose trying to learn to trade on your own when you know that learning on your own is a difficulty will be more than the amount of money you will spend if you decide to get a mentor, teacher, or guide early.

A mentor, teacher or guide will not only teach you the basics in the order of importance and how you should know it, but will also share with you their experience, and that can be very invaluable.

Some early mistakes in trading are capable of ending your trading career. A mentor, teacher, or guide can help you avoid some of these major pitfalls.

Yeah, I can say that a mentor is quite important for beginners to be able to navigate the trading market quickly and more safely. Mentors will provide various lessons and their experiences well to beginners, and beginners can ask about various things about trading to their mentors and that will be able to avoid them from mistakes that are commonly experienced by beginner traders and allow them to establish a better foothold in the trading market. However, getting a mentor requires money, or if you are lucky someone can get a mentor for free but it is very rare for a professional trader to be willing to teach for free. Therefore, a beginner if he does not have money then he does not need to force himself to get a mentor for his trading - just learn by yourself slowly through Youtube, books, or other sources, that should be enough.

[Roseline492]

As an individual considering to start trading, understand that the money you can lose trying to learn to trade on your own when you know that learning on your own is a difficulty will be more than the amount of money you will spend if you decide to get a mentor, teacher, or guide early.

Some early mistakes in trading are capable of ending your trading career. A mentor, teacher, or guide can help you avoid some of these major pitfalls.

You are right because trading is like a profession or a skill and to acquire any skill they most have someone that would help and perfect them, so actually that's the first step someone should take before starting trading, so actually when it comes to trading there are people who would volunteer to teach but is better getting a good teacher who will take there time to explain about it since they have been paid to, actually trading is something nobody should go through the back way to start it because just like you said a hit from the market can end the story of the trader.

[Mahanton]

As an individual considering to start trading, understand that the money you can lose trying to learn to trade on your own when you know that learning on your own is a difficulty will be more than the amount of money you will spend if you decide to get a mentor, teacher, or guide early.

A mentor, teacher or guide will not only teach you the basics in the order of importance and how you should know it, but will also share with you their experience, and that can be very invaluable.

Some early mistakes in trading are capable of ending your trading career. A mentor, teacher, or guide can help you avoid some of these major pitfalls.

Yeah, I can say that a mentor is quite important for beginners to be able to navigate the trading market quickly and more safely. Mentors will provide various lessons and their experiences well to beginners, and beginners can ask about various things about trading to their mentors and that will be able to avoid them from mistakes that are commonly experienced by beginner traders and allow them to establish a better foothold in the trading market. However, getting a mentor requires money, or if you are lucky someone can get a mentor for free but it is very rare for a professional trader to be willing to teach for free. Therefore, a beginner if he does not have money then he does not need to force himself to get a mentor for his trading - just learn by yourself slowly through Youtube, books, or other sources, that should be enough.

It will really be just that depending on you on which neither you will really be finding out its relevance in terms of making you some guidance into your learning curve and sees out that its really that effective then it wont really be that bad on having such mentor or someone who do teaches you up, because there are really those individuals who are really that slow when it comes on learning things and thats why they do really that prefer on having someone that would really be  teaching up along the way. It wont really be that bad as long you are learning and does have the money then it will really be that up to you. Somehow if you are someone whose really be that trying out to save some money then having some mentor wont really be that necessary but rather you will really be just that learning on your own with your own approach and time. Even myself would really be that looking these mentors arent really that necessary or something wont really be that make you sure to be that profitable in the end and really just that adding up some more expenses into something that you could be able to learn on your own. Just like on what everyone is really that saying on which everything could really be found on line in speaking about on the informations you would really be needing for you to learn up
along the way. Its up to someones hard work and determination on how they will really be learning up things accordingly. If you are that really being hard working and serious on learning things then it will really be that not a problem on learning or dealing up with something new and despite on having no guidance then you could be able to make yourself learn without any hiccups.

[Faisal2202]

That part about not being sure about the mentor being any good or not is the main reason why we are facing this many trouble, because we really do not know if they are good or not. We try to make assumptions, but if we are listening to someone that is bad, and we do not realize they are bad mentors, then we are going to learn bad ways to trade and that would result with us making a loss.

I try to see what people suggest, that way I know people who have seen and listened to others, and they review basically those people and based on those reviews I can see if they helped anyone or not before. If they did helped people and gained a lot of attention because of it, then we are going to end up with a much better result eventually.

You are right, one of the community members told me about one famous local crypto influencer that he is not that moral so I followed his advice and never followed that person but only few times, even did not relied on him alone but found other mentors too, Because I think in crypto world we should not rely on single source either they are our mentors. We need more than 1.

The last lines are best said because if we as a well-wishers try to guide others in a good way that they won't go the bad path then they will also make money. Sharing is caring hehe. Mentors are not necessary tbh just we need to confirm that either we are making the right assumptions or not. But never follow one mentor and depend on him, the local influencer I talked about last year brought a copy trading system by partnering with an exchange and made wrong trades and lot of people lost money and then said, I gave a disclaimer you should not have followed me.

So the followers were in vain when he said that, they were trying to digest the lose but these words from a mentor hurts more.

[GeorgeJohn]

Definitely, having a mentor will boost your trading journey up to a certain percentage.. that's because you will have someone to guide you through the early stages of your trades till you get to that level where you know how to manage your own trades.. again, you should not just have any mentor, but someone who has been profitable on the long run.. don't have a mentor who has some more loss than his wins...

if you want to be successful in Trading, you will advocate time and make research of trading properly, but I believe that those people that doesn't have a mentor they're the one that always face challenges of losing during trading, because if you have a mentor that will make you to know the rudiments of trading and if you're to lose you will not lose that much in trading compare to someone who doesn't have a mentor.

Those who are privileged enough to have a mentor, teacher or guide at the beginner level are very blessed because of the endless opportunities that awaits them which you have already highlighted. However, it is not for everyone. For some reason some beginnersay not even have this opportunity. I am an advocate for learning from your peers informally. Belonging to a thriving and helpful community would always trump anything else in trading particularly at the beginner stage. Everyone is asking the right questions and having their peers who have had that experience or been in that situation put them through. That's it.

Those people who were opportune to have mentor they're the one that never complained of negative impacts of trading, because their teacher have taught the advantages and disadvantages of trading, so it hardly before they come up to discuss anything about trading in public, sometimes they learn from their mistakes base on they have the knowledge already.

[Baki202]

Yes I think that's true because no matter what is called a mistake, it cannot be completely avoided, especially when we are talking about beginners, even in general experienced traders are never free from mistakes, perhaps it can be said simply that in trading, mistakes are something that is very possible for a trader to do even though he has a mentor, and remember the role of the mentor here is to minimize all unwanted possibilities, it does not mean that you will never lose but their role is to make the amount of your loss not too significant with the scenario of giving you direction regarding what is allowed and not allowed to be done in certain situations.

Their is no perfection in trading you just have to do the little you are doing and there are times you will even know that the decision you making is not right when trading sometimes but you will still want to do it and this are part of the reasons why you have to go for knowledge first and even with your knowledge things like this can not be avoided but the good thing is now that you can actually learn from your mistakes that is one thing that professional traders will always do they will always learn from their mistakes.

Even the so called mentor can make mistakes talk more the person learning just that we get better at what we do so we just have to pay serious attention to the main thing and even the mistakes we are making so their is a lot to be learned but just that with mentors we are going to be able to avoid some mistakes, so it is better to know the right steps to take but the truth of it is that their is no way you will not lose money.

[CageMabok]

Mentor is only a guiding hand, whereas you yourself - you are an explorer, who takes decisions and makes the best out of them.
Emotions are at bay, and you - in profit.

What you said is very right because I also consider mentors as guides only and it is almost like someone who is on a new road but does not know which direction to go. That is the analogy that I get from a mentor because the rest is only ourselves who decide after there are many directions that we already know and for profit I think everyone will definitely have a fairly fundamental level of difference. Because it can be triggered by a certain level of ability such as the capital that is dared to be used into the market from each person.

[dansus021]

 Importance of a mentor, teacher or guide to a beginner trader. It is very important for any of us to basically have a mentor or teacher after all we know nothing at first right. I know that some independent user like I do that learn everything from the scratch but heck Im still watching youtube video and talk here and there just to get know better in trade and dont forget about the pain of losing dollar in the way of learn.

At least we read one or two YouTube videos or some thread in a forum or telegram message about trade and I consider that as a guide for the beginner trade.

[fullhdpixel]

one of the community members told me about one famous local crypto influencer that he is not that moral so I followed his advice and never followed that person but only few times, even did not relied on him alone but found other mentors too, Because I think in crypto world we should not rely on single source either they are our mentors. We need more than 1.

The last lines are best said because if we as a well-wishers try to guide others in a good way that they won't go the bad path then they will also make money. Sharing is caring hehe. Mentors are not necessary tbh just we need to confirm that either we are making the right assumptions or not. But never follow one mentor and depend on him, the local influencer I talked about last year brought a copy trading system by partnering with an exchange and made wrong trades and lot of people lost money and then said, I gave a disclaimer you should not have followed me.

So the followers were in vain when he said that, they were trying to digest the lose but these words from a mentor hurts more.

Not everything has to do with the influencers and mentors, sometimes you gotta make your own decisions and that's how people get rich. This is why people suggest others to keep staying away from all of this, there is no reason why you should be investing into crypto without understanding the full concept.

The newbies that follow these influencers have no clue what they are doing or why they are buying or selling something, they are just doing what they are told and that's not how you get rich. If it were that simple, we would be all rich and because of that the way to get rich is to learn yourself. Learning yourself is much harder and many people fail, they do not have the patience for it, and because of that we have very few people who are successful at trading.