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Author Topic: Do you follow your mentor guidelines or do you follow your lust?  (Read 1404 times)
Oshosondy
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February 11, 2025, 04:38:21 PM
 #121

Having a mentor who is killing it in the market is essential in the trading industry, it somehow help to fast track your trading success and profitability. But trading is a personal journey base on  your personal development, emotional control and market reactivity. The way you might response and react to market psychology might be different  from the way your mentor might react.  But having a mentor does not guarantee  success and profitability in the market.
Probably a mentor might help but I do not believe that. The help comes from you by yourself. You can have a mentor but if you start to trade on your own, you will noticed that trading is very difficult and risky. And no matter what, as a beginner, losses are guaranteed be it if you have a mentor or not. I did not have a mentor and had some losses but I do not regret that I did not have a mentor. Learning about risky management is very important and I do not think anyone needs a mentor for that.

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February 11, 2025, 04:48:38 PM
 #122


What do you do and what is your success recorded, do you follow your mentor's guidelines and advice?

Do you follow your instincts and if yes what are the results you got in terms of the profits ratio against the loss ratio?
Crypto trading is hard and it's not something that a newbie should jump into because they received a 30 minutes lecture on YouTube. Having a professional trader that has years of experience as a mentor is a shortcut to understanding trading analysis better. What might take you months to master can be pointed out by an experienced mentor in a very short time so it pays to have a mentor that is willing to impart their knowledge to you. It's good to follow mentors guidelines but you can't be under their mentorship forever, from your experience you can also try other strategies while having what you're taught in mind.
In this opinion you could explain a best comment. I also believe that trading is one of the best profitable source in cryptocurrency world. But we also believe that trading is also very risky for any person. So when we want to start trading, we must understand in cryptocurrency market. Which will be very helpful for earning best profit from cryptocurrency market.

But we also know that guidelines is also very important for developing in cryptocurrency trading. So I believe that mentors is very essential for best trading. Because when we start first time trade, we can face difficult process for earn best profit from trading system. So I believe that mentors is very important element for crypto trading.

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harapan
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February 22, 2025, 01:34:52 PM
 #123

One of the popular alternative sources of income for cryptocurrency enthusiasts and forum members is trading, trading requires skills and these skills come with a long time of practice which gives birth to mentorship in cryptocurrency trading, most of us believe and agree that having a mentor in trading increases your chances of success by 50%, but the problem is that most of us traders still lose heavily all because we refuse to follow the right trading path.

What do you do and what is your success recorded, do you follow your mentor's guidelines and advice?

Do you follow your instincts and if yes what are the results you got in terms of the profits ratio against the loss ratio?

This is sounding more like gambling moreso I'm aware gambling and trading have similar attributes so then I will give my own initiative the way i ought to. Definitely having a mentor that guides you in maximizing your skills and making good use of it matters alot and at such it's definitely right to follow mentors guidance and guidelines cause they go a long way in helping you attain success in that aspect but if you choose to follow lust it's left for you but I tell you,you sure won't go far following lust and selfish gains instead of sticking to mentors guidelines.

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Bushdark
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February 22, 2025, 05:29:46 PM
 #124


What do you do and what is your success recorded, do you follow your mentor's guidelines and advice?

Do you follow your instincts and if yes what are the results you got in terms of the profits ratio against the loss ratio?
Crypto trading is hard and it's not something that a newbie should jump into because they received a 30 minutes lecture on YouTube. Having a professional trader that has years of experience as a mentor is a shortcut to understanding trading analysis better. What might take you months to master can be pointed out by an experienced mentor in a very short time so it pays to have a mentor that is willing to impart their knowledge to you. It's good to follow mentors guidelines but you can't be under their mentorship forever, from your experience you can also try other strategies while having what you're taught in mind.
In this opinion you could explain a best comment. I also believe that trading is one of the best profitable source in cryptocurrency world. But we also believe that trading is also very risky for any person. So when we want to start trading, we must understand in cryptocurrency market. Which will be very helpful for earning best profit from cryptocurrency market.

But we also know that guidelines is also very important for developing in cryptocurrency trading. So I believe that mentors is very essential for best trading. Because when we start first time trade, we can face difficult process for earn best profit from trading system. So I believe that mentors is very important element for crypto trading.
Even though all of us keep explaining how to be a successful traders with really facts, there will still be a time when greed will not allow you to rest. You will think that because you made $2k last time then if you go much than your budget and trading risk management, you could make more money. This is how greed and reckless gambling started and it's good we should know what we are doing so you don't fall without knowing that you are actually doing the wrong thing. Trading is very complex because the strategy that you used imthe previous time might not be useful again to give you the kind of profit you are looking for.
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February 22, 2025, 06:33:18 PM
 #125


Do you follow your instincts and if yes what are the results you got in terms of the profits ratio against the loss ratio?

This is sounding more like gambling moreso I'm aware gambling and trading have similar attributes so then I will give my own initiative the way i ought to. Definitely having a mentor that guides you in maximizing your skills and making good use of it matters alot and at such it's definitely right to follow mentors guidance and guidelines cause they go a long way in helping you attain success in that aspect but if you choose to follow lust it's left for you but I tell you,you sure won't go far following lust and selfish gains instead of sticking to mentors guidelines.
Mentorship is one sure way that we can get to the point we want to in whatever aspects of life and trading is one of such aspects that has been highly successfully relied on by Many and out of that number we have a higher percentage of traders who's a success is traced to their mentors, and we have a possibly lower ratio of trader's who depends on their capacity to trade and become successful, but in all of that there is a clear acceptance of the fact that every success traders have someone there is looking up to, that is why we read other articles from pro traders even though we may not have communicated or even meet in person before, but following their tracks and records.

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March 01, 2025, 05:35:51 PM
 #126

This is sounding more like gambling moreso I'm aware gambling and trading have similar attributes so then I will give my own initiative the way i ought to. Definitely having a mentor that guides you in maximizing your skills and making good use of it matters alot and at such it's definitely right to follow mentors guidance and guidelines cause they go a long way in helping you attain success in that aspect but if you choose to follow lust it's left for you but I tell you,you sure won't go far following lust and selfish gains instead of sticking to mentors guidelines.
Don't walk down that path because lust will ruined everything we've worked for and consumed the mind completely. Rather look on the brighter side, there's sparkling light at the end. Mentors have place guidelines for their followers to follow, some are reluctant and recalcitrant, while some are acquiescent with their perspective mentors instructions. Looking up to a mentor in crypto space, it's healthy for anyone especially when the mentor in question knows the perfect spot to hit. We learned every single day in the market, once we stand strong enough to handle our idea and pattern in the space, we lived up to explore. I'm gradually becoming self-sustaining in the space, although it's difficult from the very start but as time goes on, I'm accessible to basic information.
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March 01, 2025, 08:50:01 PM
 #127


What do you do and what is your success recorded, do you follow your mentor's guidelines and advice?

Do you follow your instincts and if yes what are the results you got in terms of the profits ratio against the loss ratio?

One thing is learning and another is following guidelines, just as when you get a product you read through the guidelines on how to make use of that product, but so many investors always neglect that  and go straight to  taking every decisions that comes to their mind. Most times i follow guidelines but in rare cases I follow my instincts looking at how the markets goes and it sure turn out well but it's best to stick to mentorship and advice.

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March 02, 2025, 11:57:44 AM
 #128


Do you follow your instincts and if yes what are the results you got in terms of the profits ratio against the loss ratio?

This is sounding more like gambling moreso I'm aware gambling and trading have similar attributes so then I will give my own initiative the way i ought to. Definitely having a mentor that guides you in maximizing your skills and making good use of it matters alot and at such it's definitely right to follow mentors guidance and guidelines cause they go a long way in helping you attain success in that aspect but if you choose to follow lust it's left for you but I tell you,you sure won't go far following lust and selfish gains instead of sticking to mentors guidelines.
Mentorship is one sure way that we can get to the point we want to in whatever aspects of life and trading is one of such aspects that has been highly successfully relied on by Many and out of that number we have a higher percentage of traders who's a success is traced to their mentors, and we have a possibly lower ratio of trader's who depends on their capacity to trade and become successful, but in all of that there is a clear acceptance of the fact that every success traders have someone there is looking up to, that is why we read other articles from pro traders even though we may not have communicated or even meet in person before, but following their tracks and records.
Really that having that kind of fast pacing when you do have a mentor then it will really be just that depending on your preference whether you are really than wanting to have a mentor or not. There are those individuals who are really that wanting to have some fast pacing and some do really want to have that personal on which its really that understandable on why people will really be choosing on whats best for them. Do you follow your mentor guidelines? If you do find that it will really be that making up some benefits and seeing yourself that having such progress then it will be that not bad on following them but if you do find yourself having no progress and you've seen yourself that you can do even more better, then it will really be that up to you if you wanted to go solo.

Following up your mentor guidelines plus having your own analysis will really be the best approach you do have on which it will be that situation into this aspect. Then it will really be that up to you on what you would really be having on how to handle yourself when it comes to this. We do know that trading isnt something that  you would be able to learn in a short period of time.  It all matters about enhancing up your skills and knowledge about trading on which it will be that up to you whether you are going on which path you would really be taking. It will really be that up to you on which one you would really be choosing up.

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March 02, 2025, 04:20:26 PM
 #129


What do you do and what is your success recorded, do you follow your mentor's guidelines and advice?

Do you follow your instincts and if yes what are the results you got in terms of the profits ratio against the loss ratio?

One thing is learning and another is following guidelines, just as when you get a product you read through the guidelines on how to make use of that product, but so many investors always neglect that  and go straight to  taking every decisions that comes to their mind. Most times i follow guidelines but in rare cases I follow my instincts looking at how the markets goes and it sure turn out well but it's best to stick to mentorship and advice.
In practice, we often differ from what we learn, it is normal as long as it does not deviate far from what we learn. Moreover, we also need adjustments to follow certain situations and there we are actually required to be able to learn more deeply. Because what we learn from guidebooks, social media or other media can be different from what happens. I mean while learning we may not need emotions or mentality, but when we enter the market, our mentality is really tested there and that can also destroy all our knowledge.

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March 02, 2025, 08:29:51 PM
 #130

Having a mentor who is killing it in the market is essential in the trading industry, it somehow help to fast track your trading success and profitability. But trading is a personal journey base on  your personal development, emotional control and market reactivity. The way you might response and react to market psychology might be different  from the way your mentor might react.  But having a mentor does not guarantee  success and profitability in the market.
Probably a mentor might help but I do not believe that. The help comes from you by yourself. You can have a mentor but if you start to trade on your own, you will noticed that trading is very difficult and risky. And no matter what, as a beginner, losses are guaranteed be it if you have a mentor or not. I did not have a mentor and had some losses but I do not regret that I did not have a mentor. Learning about risky management is very important and I do not think anyone needs a mentor for that.
I think a mentor is only useful when it comes the early stage of beginners by giving out the basic information about trading, after this stage I don't see anything reasonable a trader would need a mentor for because trading is more of personal,  a mentor can't be their for you always, you need to carry your cross alone. Trading is a responsibility you can't share with some other person,  it is something you need to manage by yourself.

Mentor is good to guilde one at the beginning of trading but you dont need a mentor throughout your trading journey.

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March 02, 2025, 10:52:15 PM
Last edit: March 02, 2025, 11:10:05 PM by malah
 #131


What do you do and what is your success recorded, do you follow your mentor's guidelines and advice?

Do you follow your instincts and if yes what are the results you got in terms of the profits ratio against the loss ratio?

One thing is learning and another is following guidelines, just as when you get a product you read through the guidelines on how to make use of that product, but so many investors always neglect that  and go straight to  taking every decisions that comes to their mind. Most times i follow guidelines but in rare cases I follow my instincts looking at how the markets goes and it sure turn out well but it's best to stick to mentorship and advice.
In practice, we often differ from what we learn, it is normal as long as it does not deviate far from what we learn. Moreover, we also need adjustments to follow certain situations and there we are actually required to be able to learn more deeply. Because what we learn from guidebooks, social media or other media can be different from what happens. I mean while learning we may not need emotions or mentality, but when we enter the market, our mentality is really tested there and that can also destroy all our knowledge.
The social we learn may not be the same as what actually occurs when a person is put in certain situations, and this is as you might expect. The important thing about theory is that it provides a concept when in a certain situation, many things come into play, hence affecting our decision making. They are not only a part of gaining knowledge, but rather a way of experiencing pressure, uncertainty and changing conditions. The last few weeks have shown that we are capable of surviving seemingly aimless and purposeless and still not lose one’s morale. In particulare, if one is only equipped with knowledge but not ready to meet different changes, the knowledge he or she gains may be in vein. Hence, each step is always in a process which is continuing even to the last step we take.
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March 03, 2025, 03:54:45 AM
 #132


What do you do and what is your success recorded, do you follow your mentor's guidelines and advice?

Do you follow your instincts and if yes what are the results you got in terms of the profits ratio against the loss ratio?
Crypto trading is hard and it's not something that a newbie should jump into because they received a 30 minutes lecture on YouTube. Having a professional trader that has years of experience as a mentor is a shortcut to understanding trading analysis better. What might take you months to master can be pointed out by an experienced mentor in a very short time so it pays to have a mentor that is willing to impart their knowledge to you. It's good to follow mentors guidelines but you can't be under their mentorship forever, from your experience you can also try other strategies while having what you're taught in mind.
In this opinion you could explain a best comment. I also believe that trading is one of the best profitable source in cryptocurrency world. But we also believe that trading is also very risky for any person. So when we want to start trading, we must understand in cryptocurrency market. Which will be very helpful for earning best profit from cryptocurrency market.

But we also know that guidelines is also very important for developing in cryptocurrency trading. So I believe that mentors is very essential for best trading. Because when we start first time trade, we can face difficult process for earn best profit from trading system. So I believe that mentors is very important element for crypto trading.
Even though all of us keep explaining how to be a successful traders with really facts, there will still be a time when greed will not allow you to rest. You will think that because you made $2k last time then if you go much than your budget and trading risk management, you could make more money. This is how greed and reckless gambling started and it's good we should know what we are doing so you don't fall without knowing that you are actually doing the wrong thing. Trading is very complex because the strategy that you used imthe previous time might not be useful again to give you the kind of profit you are looking for.

As long there are many roads that lead to the market, all traders will not make use of a single road that lead to success, because some traders will like to try other roads to know why mentors warn traders not to follow other roads than to follow those guidelines to be successful. For traders to know there are loss and gain from trade, It was some traders that disobey the guidelines that made them to discovered that there is a loss when you trade wrongly while there is a gain when you trade rightly and you can only get those advice from mentors, because they have encountered those things many times in the market. That is why is allow to make use of different strategies to trade your coins in the market, because if the strategy you are using to make income is not bring income to you again, you don't need to continue with the strategy if you want to recover from your losses, than to switch to another strategy that will make you to recover quickly.
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March 03, 2025, 05:17:45 PM
 #133


What do you do and what is your success recorded, do you follow your mentor's guidelines and advice?

Do you follow your instincts and if yes what are the results you got in terms of the profits ratio against the loss ratio?

One thing is learning and another is following guidelines, just as when you get a product you read through the guidelines on how to make use of that product, but so many investors always neglect that  and go straight to  taking every decisions that comes to their mind. Most times i follow guidelines but in rare cases I follow my instincts looking at how the markets goes and it sure turn out well but it's best to stick to mentorship and advice.
In practice, we often differ from what we learn, it is normal as long as it does not deviate far from what we learn. Moreover, we also need adjustments to follow certain situations and there we are actually required to be able to learn more deeply. Because what we learn from guidebooks, social media or other media can be different from what happens. I mean while learning we may not need emotions or mentality, but when we enter the market, our mentality is really tested there and that can also destroy all our knowledge.
We should really be that making up that adjustments on which its a normal reaction to have because whenever we do make out those kind of involvement into something then its just that fine that we do need up to alter out something if we do able to see something which you dont seem to be that good. We do know that mentors arent perfect and not all things on which they taught will really be that effective on you. This is why its really that important that you do really know on what you are dealing with. You can always make out some adjustments at the time that you've seen that there's something that you can add and something that you can be able to changed up but it will really be that still depending on you because not all will really be thinking up the same at the time that they are following something.  So it will be that on your personal choice on how you would be handling it out.
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March 03, 2025, 05:49:35 PM
 #134

One of the popular alternative sources of income for cryptocurrency enthusiasts and forum members is trading, trading requires skills and these skills come with a long time of practice which gives birth to mentorship in cryptocurrency trading, most of us believe and agree that having a mentor in trading increases your chances of success by 50%, but the problem is that most of us traders still lose heavily all because we refuse to follow the right trading path.

What do you do and what is your success recorded, do you follow your mentor's guidelines and advice?

Do you follow your instincts and if yes what are the results you got in terms of the profits ratio against the loss ratio?
Mentors always give good advice as they have long experience. I certainly listen to my mentor's advice but also try to do my own research. Although I didn't have a special mentor, I definitely had a mentor to learn the basics. If my mentor gives me some advice, I think about that advice. Sometimes I take it straight and sometimes I add some of my own tricks and use it.  My mentor was a close friend of mine so I felt comfortable sharing all kinds of things with him. i do not depends on my mentor but i always care his advice

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March 03, 2025, 11:37:20 PM
 #135

Mentors always give good advice as they have long experience. I certainly listen to my mentor's advice but also try to do my own research. Although I didn't have a special mentor, I definitely had a mentor to learn the basics. If my mentor gives me some advice, I think about that advice. Sometimes I take it straight and sometimes I add some of my own tricks and use it.  My mentor was a close friend of mine so I felt comfortable sharing all kinds of things with him. i do not depends on my mentor but i always care his advice

You are doing okay as long as you are not following your greed. Having a guide or a mentor is great, but not being completely dependent on someone else is even better because you won't be feeling left out or completely confused if you don't have your mentor on your side later in your life because things don't always stay the same, dynamics change, times change, and those who adapt and accept those changes with grace are the ones who will ultimately gain success in what they are doing.

When you are in trading, especially in a highly-volatile market like this one, you need to have ample knowledge about the market and trading practices that can help you shape your career as a trader if you wish to make it full-time. Even if someone wishes to do it part-time, it's still essential to have enough knowledge so that you don't waste your time and money you are putting in this.

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March 03, 2025, 11:43:29 PM
 #136

Mentor is good to guilde one at the beginning of trading but you dont need a mentor throughout your trading journey.
Those traders that are not confident with their own skills feel that they need one until the end. But soon, they will get to learn that they don't really need one of them. It's because what they need is to learn more of themselves and the strategies that they have learned through their trading experience. It's better to rely on themselves than to rely on someone, on a mentor that they think is good enough but they can be better than that. And then, the money that they'll pay for that guy, it should be enough when they have started and they have to cut ties with that although they shouldn't burn bridges.


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March 05, 2025, 05:39:20 PM
 #137


What do you do and what is your success recorded, do you follow your mentor's guidelines and advice?

Do you follow your instincts and if yes what are the results you got in terms of the profits ratio against the loss ratio?

One thing is learning and another is following guidelines, just as when you get a product you read through the guidelines on how to make use of that product, but so many investors always neglect that  and go straight to  taking every decisions that comes to their mind. Most times i follow guidelines but in rare cases I follow my instincts looking at how the markets goes and it sure turn out well but it's best to stick to mentorship and advice.
Yes, having a mentor will of course speed us up in gaining insight or knowledge quickly, but this does not mean that what they teach is accurate or successful in various ways in every market situation. Therefore, it is important for us not only to rely on guides or mentors, but also for us to continue to learn independently or combine every indicator that has been taught before. Yes, of course every trader has a different style, some are successful and not necessarily suitable for us, and it is much better for us to determine our own trading style than to follow other people.

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Odusko (OP)
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March 05, 2025, 07:18:26 PM
 #138


What do you do and what is your success recorded, do you follow your mentor's guidelines and advice?

Do you follow your instincts and if yes what are the results you got in terms of the profits ratio against the loss ratio?

One thing is learning and another is following guidelines, just as when you get a product you read through the guidelines on how to make use of that product, but so many investors always neglect that  and go straight to  taking every decisions that comes to their mind. Most times i follow guidelines but in rare cases I follow my instincts looking at how the markets goes and it sure turn out well but it's best to stick to mentorship and advice.
Yes, having a mentor will of course speed us up in gaining insight or knowledge quickly, but this does not mean that what they teach is accurate or successful in various ways in every market situation. Therefore, it is important for us not only to rely on guides or mentors, but also for us to continue to learn independently or combine every indicator that has been taught before. Yes, of course every trader has a different style, some are successful and not necessarily suitable for us, and it is much better for us to determine our own trading style than to follow other people.
If you keep two people who are active traders and you decide to analyze them based on their results and what the Influence of a third party such as a mentor is on their gambling life, you will discover that quite a good number of them will be those that have a mentor that succeeds quick and in time, this makes it clear that mentorship is a basic necessity in trading and if a trader wants to succeed as a beginner he or she must be willing to follow their mentor's advice although a few other's wins on they own sometimes.

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March 06, 2025, 04:53:17 PM
 #139

Mentor is good to guilde one at the beginning of trading but you dont need a mentor throughout your trading journey.
Those traders that are not confident with their own skills feel that they need one until the end. But soon, they will get to learn that they don't really need one of them. It's because what they need is to learn more of themselves and the strategies that they have learned through their trading experience. It's better to rely on themselves than to rely on someone, on a mentor that they think is good enough but they can be better than that. And then, the money that they'll pay for that guy, it should be enough when they have started and they have to cut ties with that although they shouldn't burn bridges.
When a trader does not have confidence in the abilities they have mastered, of course it makes them less precise in deciding something and they could still fail because they hesitate in deciding when trading and for those who continue to focus on learning strategies and continue to practice trading, one day they will be able to achieve success in trading.

If we choose not to rely on a mentor then we must continue to try on our own and we will also always be satisfied with the results we get when trying to trade and when we still experience failure, we continue to try to find out the mistakes and fix them, but if we choose to learn from a mentor and experience failure, of course this will be very disappointing.
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March 06, 2025, 06:56:42 PM
 #140

One thing is learning and another is following guidelines, just as when you get a product you read through the guidelines on how to make use of that product, but so many investors always neglect that  and go straight to  taking every decisions that comes to their mind. Most times i follow guidelines but in rare cases I follow my instincts looking at how the markets goes and it sure turn out well but it's best to stick to mentorship and advice.
Yes, having a mentor will of course speed us up in gaining insight or knowledge quickly, but this does not mean that what they teach is accurate or successful in various ways in every market situation. Therefore, it is important for us not only to rely on guides or mentors, but also for us to continue to learn independently or combine every indicator that has been taught before. Yes, of course every trader has a different style, some are successful and not necessarily suitable for us, and it is much better for us to determine our own trading style than to follow other people.
You are right that we should continue to learn ourselves, and not be stuck with what mentors say, but it is still important thy at newbies shouldn't make their own moves without mentors approval too. Obviously if the mentor is a shitty one that means it is not going to be easy at all, but that doesn't mean that we are going to end up with anything that will take a long time, we can't really end up with much issues if we deal with any of this, we just need to focus on how to make a better price in the end.

Many people focus on trying to make their move, but if you are brand new in the market then you can't really make much moves, it is not going to be that big and we can't really get away with that much of a profit.
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