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Author Topic: The Importance of Having a Trading Mentor  (Read 4281 times)

Offline JISAN

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Re: The Importance of Having a Trading Mentor
« Reply #75 on: October 18, 2024, 10:02:55 PM »
           -     Having a trading mentor is good because it helps us learn quickly. Although it is also possible to not have a mentor if we know in ourselves that we can learn quickly on our own. Just be careful because there are other mentors who can also take advantage of the people they teach.

That's why it's better to really know the mentor than to just be referred to you because there's still a risk in that case, or get to know them well before you regret it later.
Look for a mentor that can be trusted if you want to learn in a mentor, it could be our good friend. Because many mentors use New Bies to benefit from pretending to teach them about trading.
I never had a mentor in trading, I initially studied on YouTube and read in the forum, from there I started learning trading.
A mentor will only give you some suggestions and share some tricks through which you can gain some knowledge in a shortcut.  Where you spend a week learning a subject by recharging yourself, having a mentor can teach you in a day.  So a mentor is needed to save time.  However, you should never be completely dependent on a mentor.  Besides learning from a mentor, you should also recharge yourself and compare how well that mentor's advice compares with what you are learning on your own.  Then you will find the right path
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Re: The Importance of Having a Trading Mentor
« Reply #75 on: October 18, 2024, 10:02:55 PM »

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Re: The Importance of Having a Trading Mentor
« Reply #76 on: October 18, 2024, 10:23:12 PM »
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.
It is true, because you must learn even from the basics before getting to know how to make money from Crypto trading either from a close friend, the internet or from an organization.
Having a tutor is very essential. A tutor gives you an insight of what the crypto market is made of, the merits and demerits of becoming a crypto trader, risks and profits involved, how to manage risks and other strategies in becoming a successful trader because it takes a beginner to see the earnings of his tutor to relinquish effort, time and concentration to learn hoping he could earn even more...
And a stress free learning is accompanied with practicals from your tutor to enable swift learning.

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Re: The Importance of Having a Trading Mentor
« Reply #76 on: October 18, 2024, 10:23:12 PM »

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Re: The Importance of Having a Trading Mentor
« Reply #77 on: October 18, 2024, 10:24:03 PM »
A mentor will only give you some suggestions and share some tricks through which you can gain some knowledge in a shortcut.  Where you spend a week learning a subject by recharging yourself, having a mentor can teach you in a day.  So a mentor is needed to save time.  However, you should never be completely dependent on a mentor.  Besides learning from a mentor, you should also recharge yourself and compare how well that mentor's advice compares with what you are learning on your own.  Then you will find the right path
You have told the main fact.
It is true that even then without any mentor we can have that skill with researching on the googles  we will see lots of articles lots of and even in this forum or on the bitcointalk forum we will find out lots of important post which can be help out for learning trading but we will get the hacks and tricks when we will have experience and gaining that experience it will obviously cost a big time so having a mentor it important think in every sector. Becuase they know the trick and tips which is the key words for having success.

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Re: The Importance of Having a Trading Mentor
« Reply #78 on: October 18, 2024, 10:59:18 PM »
It is very Difficult to find mentors who give face to face classes , most of them give it online , and for those reasons it is so easy to fool them , because nobody or few are the Ones who have the time to give this type of Activities , I trust in Knowledge, but to be honest I see that the best thing is to read books, first give us a good Internal Argument and then Receive classes , why? To determine if the Knowledge that is being imparted to us is real or not , there are many who sell Smoke and it is a fact that in this world some want to take advantage of others.
Agree. I rarely find out that there are mentors who provide a real class, means to learn trading face to face. Most of them are busy with their trading, they have no time to learn other people. Another reason, as I said before, they mostly hide their identities. So, it is very difficult to know them in real life. Because of this matter, the self-taught may be a better option for us. We can learn ourselves, we have many references now. But we must always be careful to choose the references, don't choose random sources!


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Re: The Importance of Having a Trading Mentor
« Reply #79 on: October 22, 2024, 05:45:08 AM »

Agree. I rarely find out that there are mentors who provide a real class, means to learn trading face to face. Most of them are busy with their trading, they have no time to learn other people. Another reason, as I said before, they mostly hide their identities. So, it is very difficult to know them in real life. Because of this matter, the self-taught may be a better option for us. We can learn ourselves, we have many references now. But we must always be careful to choose the references, don't choose random sources!

Yes, it is a fact, I personally have seen that some that I follow are good, but there is only one that I do follow his teachings, but sometimes it is difficult, because whether it is right or not , things can sometimes go wrong, control of our money is crucial for me, sometimes I make good operations , other times they don't work out , but I have Realized that the meter is just a guide, our mind, our thoughts, our brain is what in the end gives us the answer to things in trading , it cannot be predicted, but you can try to use the market, what has happened to try to predict.
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Re: The Importance of Having a Trading Mentor
« Reply #80 on: October 22, 2024, 11:50:31 AM »

Agree. I rarely find out that there are mentors who provide a real class, means to learn trading face to face. Most of them are busy with their trading, they have no time to learn other people. Another reason, as I said before, they mostly hide their identities. So, it is very difficult to know them in real life. Because of this matter, the self-taught may be a better option for us. We can learn ourselves, we have many references now. But we must always be careful to choose the references, don't choose random sources!

Yes, it is a fact, I personally have seen that some that I follow are good, but there is only one that I do follow his teachings, but sometimes it is difficult, because whether it is right or not , things can sometimes go wrong, control of our money is crucial for me, sometimes I make good operations , other times they don't work out , but I have Realized that the meter is just a guide, our mind, our thoughts, our brain is what in the end gives us the answer to things in trading , it cannot be predicted, but you can try to use the market, what has happened to try to predict.

In the end, we decide what to do with our funds.
Literally, nobody can say to us "do this", and you would have to do it.
You just believe in something or take something as given, however, everything should be analyzed yourself first and foremost.

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Re: The Importance of Having a Trading Mentor
« Reply #81 on: October 22, 2024, 09:39:00 PM »
It is very Difficult to find mentors who give face to face classes , most of them give it online , and for those reasons it is so easy to fool them , because nobody or few are the Ones who have the time to give this type of Activities , I trust in Knowledge, but to be honest I see that the best thing is to read books, first give us a good Internal Argument and then Receive classes , why? To determine if the Knowledge that is being imparted to us is real or not , there are many who sell Smoke and it is a fact that in this world some want to take advantage of others.
Agree. I rarely find out that there are mentors who provide a real class, means to learn trading face to face. Most of them are busy with their trading, they have no time to learn other people. Another reason, as I said before, they mostly hide their identities. So, it is very difficult to know them in real life. Because of this matter, the self-taught may be a better option for us. We can learn ourselves, we have many references now. But we must always be careful to choose the references, don't choose random sources!
Yes, currently there are many references for learning trading, we can learn by ourselves and practice to have skills in trading. because trading requires a process to become an expert in trading. even becoming a professional trader takes time, maybe more than 6 years.
I also asked my friend to be a mentor, the answer was one trading is difficult, it's better not to. Finally I chose to learn by myself.

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Re: The Importance of Having a Trading Mentor
« Reply #81 on: October 22, 2024, 09:39:00 PM »


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Re: The Importance of Having a Trading Mentor
« Reply #82 on: October 23, 2024, 04:48:57 AM »
It is very Difficult to find mentors who give face to face classes , most of them give it online , and for those reasons it is so easy to fool them , because nobody or few are the Ones who have the time to give this type of Activities , I trust in Knowledge, but to be honest I see that the best thing is to read books, first give us a good Internal Argument and then Receive classes , why? To determine if the Knowledge that is being imparted to us is real or not , there are many who sell Smoke and it is a fact that in this world some want to take advantage of others.
Agree. I rarely find out that there are mentors who provide a real class, means to learn trading face to face. Most of them are busy with their trading, they have no time to learn other people. Another reason, as I said before, they mostly hide their identities. So, it is very difficult to know them in real life. Because of this matter, the self-taught may be a better option for us. We can learn ourselves, we have many references now. But we must always be careful to choose the references, don't choose random sources!
Yes, currently there are many references for learning trading, we can learn by ourselves and practice to have skills in trading. because trading requires a process to become an expert in trading. even becoming a professional trader takes time, maybe more than 6 years.
I also asked my friend to be a mentor, the answer was one trading is difficult, it's better not to. Finally I chose to learn by myself.
We can truly learn trading on our own given the many resources out in the market today and, often, the process of learning on your own is more effective because it entails doing. But, of course, it is not fast, and it requires quite an effort; however, by working on it, day by day, and achieving maximum results. When it comes to trade, it may seem that it is impossible, but after some time, with regular work, it is easier to understand the concepts and discoveries involved in such activity. Pursuing the spirit of learning and willingness to continue to learn all the skills needed in trading, it is actually not impossible not to find a mentor because there are many learning media available that can be utilized optimally.

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Re: The Importance of Having a Trading Mentor
« Reply #83 on: October 23, 2024, 09:06:22 AM »
It is very Difficult to find mentors who give face to face classes , most of them give it online , and for those reasons it is so easy to fool them , because nobody or few are the Ones who have the time to give this type of Activities , I trust in Knowledge, but to be honest I see that the best thing is to read books, first give us a good Internal Argument and then Receive classes , why? To determine if the Knowledge that is being imparted to us is real or not , there are many who sell Smoke and it is a fact that in this world some want to take advantage of others.
Agree. I rarely find out that there are mentors who provide a real class, means to learn trading face to face. Most of them are busy with their trading, they have no time to learn other people. Another reason, as I said before, they mostly hide their identities. So, it is very difficult to know them in real life. Because of this matter, the self-taught may be a better option for us. We can learn ourselves, we have many references now. But we must always be careful to choose the references, don't choose random sources!
I myself looked for someone like that in the beginning but didn't find anyone. People who trade regularly or professionally can never spend time teaching others. And what you are said that they try to hide themselves is absolutely true. Traders do not always prefer to expose themselves to trading in order to conduct seamless trading. That's why it is better for a new trader to rely on himself than on others to master the skills. On the other hand, nowadays there is a lot of trading related content available from which traders can gain good skills if they try.

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Re: The Importance of Having a Trading Mentor
« Reply #84 on: October 23, 2024, 11:14:22 AM »
It is very Difficult to find mentors who give face to face classes , most of them give it online , and for those reasons it is so easy to fool them , because nobody or few are the Ones who have the time to give this type of Activities , I trust in Knowledge, but to be honest I see that the best thing is to read books, first give us a good Internal Argument and then Receive classes , why? To determine if the Knowledge that is being imparted to us is real or not , there are many who sell Smoke and it is a fact that in this world some want to take advantage of others.
Agree. I rarely find out that there are mentors who provide a real class, means to learn trading face to face. Most of them are busy with their trading, they have no time to learn other people. Another reason, as I said before, they mostly hide their identities. So, it is very difficult to know them in real life. Because of this matter, the self-taught may be a better option for us. We can learn ourselves, we have many references now. But we must always be careful to choose the references, don't choose random sources!
I myself looked for someone like that in the beginning but didn't find anyone. People who trade regularly or professionally can never spend time teaching others. And what you are said that they try to hide themselves is absolutely true. Traders do not always prefer to expose themselves to trading in order to conduct seamless trading. That's why it is better for a new trader to rely on himself than on others to master the skills. On the other hand, nowadays there is a lot of trading related content available from which traders can gain good skills if they try.

Of course, some resources and info can be taken from other traders, but it shouldn't be a list of things you - have to - do.
Instead, you can take things that you think are right into the account, and swipe all the others out. That way, you wouldn't be dependent on other traders / sources to the full extent.

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Re: The Importance of Having a Trading Mentor
« Reply #85 on: October 28, 2024, 02:32:19 AM »

In the end, we decide what to do with our funds.
Literally, nobody can say to us "do this", and you would have to do it.
You just believe in something or take something as given, however, everything should be analyzed yourself first and foremost.



Yes, that is a fact, but you have to remember something, when you have a mentor, a teacher, the student sometimes has to pay attention to what that person tells him and if that person advises him such a thing he should do it, if not, then how will he learn, once the person gets the result then it will be a matter of decision of that person if what was told works for him or not, that is why it is always good to read books, because in the books there are many Foundations and arguments that can defend Against possible teachings that are seen as not Effective and that is where a good debate with the mentor can be used.
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Re: The Importance of Having a Trading Mentor
« Reply #86 on: October 28, 2024, 04:38:16 AM »
Having a mentor will make you develop faster... their extensive experience will greatly help you become a professional faster than being self-taught... at least with a mentor, you will avoid a lot of trial and error and can earn more money faster in a shorter time...

The main problem now is choosing a mentor who really intends to help us... there are also quite a few foreign mentors who often commit fraud, so it is highly recommended to have a mentor from a relative or close friend, because emotions are already better connected.

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Re: The Importance of Having a Trading Mentor
« Reply #87 on: October 28, 2024, 02:41:43 PM »
Having a mentor will make you develop faster... their extensive experience will greatly help you become a professional faster than being self-taught... at least with a mentor, you will avoid a lot of trial and error and can earn more money faster in a shorter time...

The main problem now is choosing a mentor who really intends to help us... there are also quite a few foreign mentors who often commit fraud, so it is highly recommended to have a mentor from a relative or close friend, because emotions are already better connected.
The difficulty of choosing a good mentor is one of the reasons why I don't have a mentor and learn trading on my own, looking for references from YouTube and reading on forums to increase my knowledge about trading.
I have been trying to find a mentor for a long time but have not found the right mentor because most of them have to be paid first and that is burdensome for me.

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Re: The Importance of Having a Trading Mentor
« Reply #88 on: October 28, 2024, 03:54:17 PM »
The difficulty of choosing a good mentor is one of the reasons why I don't have a mentor and learn trading on my own, looking for references from YouTube and reading on forums to increase my knowledge about trading.
I have been trying to find a mentor for a long time but have not found the right mentor because most of them have to be paid first and that is burdensome for me.
Yeah, it's not easy to find a mentor who's experienced and aligns with your trading style. Usually, trader just need a mentor to learn about market behavior, how to use market services, and get advice on capital management and psychology.

Many traders, myself included, prefer to learn about the market on their own instead of hiring a mentor. But I've spent a lot of time and money over the past 10 years gaining a little experience. As a result, I have a deeper understanding of the tools and indicators in this market, even though I haven't been able to fully exploit them yet.

Between hiring a mentor and self-discovering the market through online resources, I'm not sure which is better. It depends on each trader abilities and expectations.
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