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Author Topic: How do you choose a trading mentor?  (Read 1214 times)

Offline vegasus

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Re: How do you choose a trading mentor?
« Reply #30 on: April 26, 2025, 11:59:23 PM »
I once had a trading mentor, actually at that time because I entered the VIP signal trading group. and I could consult about some things related to trading and price possibilities. but it was not as easy as I thought because in fact it was really complicated. and finally I gave up.

The point is when we have a trading mentor, whoever it is, it must be balanced with our willingness and ability to follow it. because if we are not enthusiastic enough and complain about the journey that exists, it will not be successful. if we do not want to learn seriously, it will fail.

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Re: How do you choose a trading mentor?
« Reply #30 on: April 26, 2025, 11:59:23 PM »

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Re: How do you choose a trading mentor?
« Reply #31 on: April 27, 2025, 08:07:02 AM »
The point is when we have a trading mentor, whoever it is, it must be balanced with our willingness and ability to follow it. because if we are not enthusiastic enough and complain about the journey that exists, it will not be successful. if we do not want to learn seriously, it will fail.

This is correct and I agree with it, because if the individual is not really enthusiastic about learning cryptocurrency, they will not take long to learn crypto trading. We all know that trading is not easy to learn and many agree with this.

Many people just enter crypto trading to make money, thinking that they can only get it through luck, which is not true. So meaning, making a profit in trading
must involve serious study.
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Re: How do you choose a trading mentor?
« Reply #31 on: April 27, 2025, 08:07:02 AM »

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Offline Crwth

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Re: How do you choose a trading mentor?
« Reply #32 on: April 27, 2025, 08:13:15 AM »
Choosing to have a mentor is a great idea. It's most likely how you are aligned with a person. If you see a trader you resonate with so much, having that and being in contact is best. You should be aligned if that person is also open to having a mentee.

How is the mentor, OP, hunted?
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Offline MUGNIA

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Re: How do you choose a trading mentor?
« Reply #33 on: April 27, 2025, 11:10:47 AM »
I don't have a permanent mentor, but I try to learn and try to apply it to my trading, sometimes there are some that are suitable and provide benefits at that time, and there are also some that are miscalculated, all of them are used as experiences of loss, defeat is the best meter to become a good trader

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Re: How do you choose a trading mentor?
« Reply #34 on: April 27, 2025, 03:11:27 PM »
I don't have a permanent mentor, but I try to learn and try to apply it to my trading, sometimes there are some that are suitable and provide benefits at that time, and there are also some that are miscalculated, all of them are used as experiences of loss, defeat is the best meter to become a good trader
I don't really know what you actually meant by not having a permanent mentor but switching mentors time to time will have a lot of disadvantages cause you won’t be able to stick to one strategy or analysis, you will just keep on changing time to time and later on left with nothing. Cause there won’t be any specific strategy that you think will work well for you and you will learn more about it just changing and changing strategy and you won’t have a specific outcome. But in my opinion sticking to one strategy and mentor is really a perfect idea cause you will stick to the mentors strategy and when it doesn’t work on you then you can try change mentors cause every mentor has their own knowledge of understanding in the market and how they make big bags from the market.

But I’m not opposing your opinion just little advice but if the switching of mentors works fine with you then you can keep the good work going after all you are learning different ways of knowledge and strategy to understand the market and make profitable entry’s. Everyone has what suits them just an opinion though.
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Re: How do you choose a trading mentor?
« Reply #35 on: April 27, 2025, 03:43:44 PM »
I once had a trading mentor, actually at that time because I entered the VIP signal trading group. and I could consult about some things related to trading and price possibilities. but it was not as easy as I thought because in fact it was really complicated. and finally I gave up.
if you wanted to have a mentor in the first place that should mean that you have enough motivation and determination to learn because not only will you be wasting your own time but also your mentor’s time

some people literally pay for their mentors so if you are going to find a mentor just to have your mind not sure yet then that will just be a waste of time and resources

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Re: How do you choose a trading mentor?
« Reply #36 on: April 27, 2025, 08:44:12 PM »
if you wanted to have a mentor in the first place that should mean that you have enough motivation and determination to learn because not only will you be wasting your own time but also your mentor’s time

some people literally pay for their mentors so if you are going to find a mentor just to have your mind not sure yet then that will just be a waste of time and resources

Why would someone hire a mentor and pay them money if they are not willing to learn or grow? That's childish and only those who are forced to do something by others can do that, just like how children don't pay attention to studies even if parents hire private tutors to come home and teach them but it's because their parents are paying for it and they don't care at that age because they don't value money and they are too young.

Someone who is a grown-up and has their own money would never hire a mentor, pay them from their pocket, and then have their mind not ready to learn what they hired a mentor for. It's a different thing if the mentor you hired isn't doing a good job and you are not getting anything because of their way of teaching or guiding you. In that case, you will surely need to change the mentor.

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Re: How do you choose a trading mentor?
« Reply #36 on: April 27, 2025, 08:44:12 PM »


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Re: How do you choose a trading mentor?
« Reply #37 on: April 27, 2025, 08:49:21 PM »
I once had a trading mentor, actually at that time because I entered the VIP signal trading group. and I could consult about some things related to trading and price possibilities. but it was not as easy as I thought because in fact it was really complicated. and finally I gave up.
if you wanted to have a mentor in the first place that should mean that you have enough motivation and determination to learn because not only will you be wasting your own time but also your mentor’s time

some people literally pay for their mentors so if you are going to find a mentor just to have your mind not sure yet then that will just be a waste of time and resources
Choosing to learn with a help of a mentor means bringing a lot of passion and responsibility into the process. It is not just for help we look for for it is their time, energy and experiences they are willing to contribute. In a way, there is a great responsibility when giving guidance that is given to us in such a favourable manner and, of course, it is a sign of our attitudes not to waste such trust. Especially when there is a professional relationship that involves money, it underlines the fact that we are not toying with this path. If an effort is not done wholeheartedly then what is lost is not just the money but more significantly, the very idea and concept of learning.

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Re: How do you choose a trading mentor?
« Reply #38 on: April 30, 2025, 12:22:20 PM »
Yes, this is a good discussion, this are few qualities of a good mentor. On my view, i choose mentor based on consistent positive results over a certain periods of time on the market analysis. These few qualities may be considered when choosing a mentor
1 Professional competence and experience
Able to give constructive feedback after a success/failed analysis.
3. provide guidance, support and good communication skills.
4. Honest an Candid.
5. Always available, analytic and active listener etc
A good trading mentor always want the best for the mentee, he always teach, guide and support the mentee, and also show and tell them the right thing to do by preventing them from doing the wrong thing.
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Re: How do you choose a trading mentor?
« Reply #39 on: April 30, 2025, 01:42:50 PM »
The point is when we have a trading mentor, whoever it is, it must be balanced with our willingness and ability to follow it. because if we are not enthusiastic enough and complain about the journey that exists, it will not be successful. if we do not want to learn seriously, it will fail.
Exactly. Having a trading mentor is not enough requirement to becoming successful in your tradings but you must have enough enthusiasm and total willingness to follow his guidelines in your trading activities. That way, you'll be able to gain from the rich trading knowledge of your mentor. For you to be successful in trading, you must show total commitment in your tradings and one of the ways to show commitment is to follow every instruction of your mentor
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Re: How do you choose a trading mentor?
« Reply #40 on: April 30, 2025, 04:27:18 PM »
The point is when we have a trading mentor, whoever it is, it must be balanced with our willingness and ability to follow it. because if we are not enthusiastic enough and complain about the journey that exists, it will not be successful. if we do not want to learn seriously, it will fail.
Exactly. Having a trading mentor is not enough requirement to becoming successful in your tradings but you must have enough enthusiasm and total willingness to follow his guidelines in your trading activities. That way, you'll be able to gain from the rich trading knowledge of your mentor. For you to be successful in trading, you must show total commitment in your tradings and one of the ways to show commitment is to follow every instruction of your mentor
That's true. You really need to follow everything your mentor says to be profitable. You chose that mentor because you think he can help you achieve your dreams in trading. And because he has enough experience in trading, you really need to follow him so that you don't lose your funds and your emotions will not get ruined. But not all mentors are truly profitable, so you should make sure that they are actually making money from trading, not from mentoring.

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Re: How do you choose a trading mentor?
« Reply #41 on: April 30, 2025, 07:12:01 PM »
The point is when we have a trading mentor, whoever it is, it must be balanced with our willingness and ability to follow it. because if we are not enthusiastic enough and complain about the journey that exists, it will not be successful. if we do not want to learn seriously, it will fail.
Exactly. Having a trading mentor is not enough requirement to becoming successful in your tradings but you must have enough enthusiasm and total willingness to follow his guidelines in your trading activities. That way, you'll be able to gain from the rich trading knowledge of your mentor. For you to be successful in trading, you must show total commitment in your tradings and one of the ways to show commitment is to follow every instruction of your mentor
That's true. You really need to follow everything your mentor says to be profitable. You chose that mentor because you think he can help you achieve your dreams in trading. And because he has enough experience in trading, you really need to follow him so that you don't lose your funds and your emotions will not get ruined. But not all mentors are truly profitable, so you should make sure that they are actually making money from trading, not from mentoring.
I totally agreed with you trying to chose a mentor will be tough sometimes and some mentor ain’t profitable some will be profitable on mentorship but in the market field they are dumb and they make a lot of loss and failure that won’t even grow the student or apprentice.
Some mentor are really not profitable they earn and grow their capital through apprentice and the student will end up in emotional pain and discomfort, be very careful of who you choose as a mentor and make sure you know a lot about him and how is trading pro folio is going either profits or loss.
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Re: How do you choose a trading mentor?
« Reply #42 on: April 30, 2025, 07:23:18 PM »
I don't have a permanent mentor, but I try to learn and try to apply it to my trading, sometimes there are some that are suitable and provide benefits at that time, and there are also some that are miscalculated, all of them are used as experiences of loss, defeat is the best meter to become a good trader
Most crypto investors don't have a personal mentor, we come to crypto and learn on our own through YouTube and crypto forums. Luckily, all the information is readily available on the internet now, and if traders want to, they can access it and gain knowledge.

I also don't have a personal mentor, I became my own mentor, but honestly, my crypto investing journey hasn't been smooth, and I've missed many opportunities despite knowing about this market very early on. If I could choose again, I would have looked for a Forex trading expert to learn technical analysis skills, psychology management, and capital management back in 2017!
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Re: How do you choose a trading mentor?
« Reply #43 on: April 30, 2025, 07:27:51 PM »
I really want to know about those who believe on having a trading mentor, how do you choose them?
What are the quality of choosing a trading mentor, is it by the result they has or by the profits they preached they made regularly without you seeing or what?

Please let us discuss how to choose a trading mentor.

Well, this topic was just posted the other forum and I decided to also make It here to hear different opinions by users in this community.
When it comes on choosing up a mentor then the primary thing that you do need up to look for is into its profitability. You wont be that trying out to check other qualities as well as long you do see him/her to be that profitable then this what matter the most because this will be the primary concern when we are trying out ot look for mentorship on which on how profitable your guru would be.
On next then you will be searching about on how well they do teaches up their strategies and on how he would be handling up his followers on which we know that each mentor does have that different approach into its students on which some are that too non caring at all as long they do be able to earn up some subs fees and also be careful when it comes into those fake ones.

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Re: How do you choose a trading mentor?
« Reply #44 on: April 30, 2025, 11:33:01 PM »
The point is when we have a trading mentor, whoever it is, it must be balanced with our willingness and ability to follow it. because if we are not enthusiastic enough and complain about the journey that exists, it will not be successful. if we do not want to learn seriously, it will fail.

This is correct and I agree with it, because if the individual is not really enthusiastic about learning cryptocurrency, they will not take long to learn crypto trading. We all know that trading is not easy to learn and many agree with this.
Because indeed the risk is that high to do trading. especially if there is no preparation before doing trading. without it, we will really be gambling that is not directed. and of course it will be very detrimental to us. in fact this is very dangerous because without knowledge and broad understanding too, then it will increasingly make its own target in setting the price to achieve. So, be sure, understanding and knowledge is very important to have before doing trading crypto, jcz we won't do it blindly, surely.

 

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