Importance of a mentor, teacher or guide to a beginner trader. (2)

[Rruchi man]

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.

(This topic was started in another forum first)

[Charles-Tim]

According to what I have seen in my country, mentors can charge you huge amount of money. I have a friend that wanted to know how to trade like 5  years ago, the mentor-to-be told him to bring about $285. That is not a small amount of money in my country. You will be surprised that the person that wants to learn how to trade will have not more than $100 for the trading. So what is he going to do if he needs a mentor? The money discouraged some people not because they see it as waste of money but because they do not have the money to pay the mentor.

[Agbe]

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.

(This topic was started in another forum first)

Having a mentor has a great role to play in early starter and intending traders as it gives you the opportunity of having a first hand information from expart traders so they will be more informed and have the right mindset that is needed in the world of trading, the role of a mentor in life can't be over emphasized as it mentors are like your guidance so they take you through the journey so when it comes to trading any one starting should start on a good start so learning trading on your own is good but for one to learn trading there's need to have a mentor some one you can always look up to and ask questions when necessary as there are mistakes and problems that you can't encounter when you're having a mentor figure because they are people who have gotten experience over time, mentors will help you to teach you the basics of trading and the loop holes one can avoid and they can even give out there trading signals and plans to those who they are mentoring

[Asiska02]

According to what I have seen in my country, mentors can charge you huge amount of money. I have a friend that wanted to know how to trade like 5  years ago, the mentor-to-be told him to bring about $285. That is not a small amount of money in my country. You will be surprised that the person that wants to learn how to trade will have not more than $100 for the trading. So what is he going to do if he needs a mentor? The money discouraged some people not because they see it as waste of money but because they do not have the money to pay the mentor.

That’s quite a large amount of money for someone to give to a mentor to learn trading. I have also seen that those mentors don’t want to compromise in their prices and if you try many of them out, there prices are of the same range and would discourage the person wanting to go for a mentorship in trading.

Mentors feels that trading is a very quick way to make money if you’ve understood the market, all money spent on learning how to trade can be recovered within a month of you become a profitable trader, so they use that as an excuse to still be collecting such huge amount from students applying to learn how to trade.

 Some mentors also feel if they don’t collect big amount of money for trading, the students won’t value what they’re been thought and won’t work to make themselves better. Either ways, they’re right but the fees is still high considering how hard it is to raise such big amount of money in a country like that.

[emmybd]

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.

(This topic was started in another forum first)

If you want to hire someone to learn how to trade then you have to pay for it. You can't get guide, mentor for free.

[JISAN]

When you learn trading from a mentor or a teacher, you might survive a lot of losses, but later when you start trading on your own, you will make a mistake and lose somewhere. But if you start trading on your own with basic knowledge from a mentor and find various information through various researches online, you can become a better expert. If you don't make mistakes, you'll never learn anything good. so I think mentor is definitely needed to learn trading but not mandatory. here you need patience and ability to accept loss

[densus88]

When you learn trading from a mentor or a teacher, you might survive a lot of losses, but later when you start trading on your own, you will make a mistake and lose somewhere. But if you start trading on your own with basic knowledge from a mentor and find various information through various researches online, you can become a better expert. If you don't make mistakes, you'll never learn anything good. so I think mentor is definitely needed to learn trading but not mandatory. here you need patience and ability to accept loss

Actually, in my opinion, a newbie who wants to learn trading should have a mentor so they can learn the basics of trading knowledge, make analysis, read charts, etc. because after they have basic knowledge, they can learn by themselves by developing their ability to trade by making analysis, strategy, risk management and emotions.
the process of becoming an expert in trading takes a long time and of course sacrifices when making mistakes we will experience losses and that is common in trading.

[KingsDen]

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.

(This topic was started in another forum first)

Finding a genuine and committed mentor in trading can be quite challenging, even with the exorbitant fees they charge for their services. Mentors who are truly interested in the growth and success of their mentees are rare. I am not a trader myself, though I have tried my hands in trading in the past. Unfortunately, the whole result wasn't encouraging for me.  This made me realise how important it is to get the right guidance.

My advice to those seeking a career in trading is that, they should not over rely on the teachings they get from these mentors. They should do researches and explore. Some of these mentors are only interested in the money they are being paid for mentorship.

[bayu7adi]

My advice to those seeking a career in trading is that, they should not over rely on the teachings they get from these mentors. They should do researches and explore. Some of these mentors are only interested in the money they are being paid for mentorship.

It is indeed a bit more difficult if we still can't get a trusted mentor... someone's sincerity is often doubtful, so it is only natural that wise people will not easily trust someone even though they have paid or already have a special relationship (student and mentor relationship).

Still, we all have to consider all the advice, and do our own trials to prove its truth, the existence of a mentor is still valuable and useful because at least we have direction and goals.

[lombok]

My advice to those seeking a career in trading is that, they should not over rely on the teachings they get from these mentors. They should do researches and explore. Some of these mentors are only interested in the money they are being paid for mentorship.

It is indeed a bit more difficult if we still can't get a trusted mentor... someone's sincerity is often doubtful, so it is only natural that wise people will not easily trust someone even though they have paid or already have a special relationship (student and mentor relationship).

Still, we all have to consider all the advice, and do our own trials to prove its truth, the existence of a mentor is still valuable and useful because at least we have direction and goals.

It also reveals that although it can take a long time to seek out a genuine and dependable mentor we still care about its advice. I think that we must listen to every advice they rite and a try to use it to enhance the experience which they offer we should see for ourselves all the benefits and we should notice the direction which will help us. Thus, the orientation provided by the mentor becomes a purpose, and what we do under the guidance of a mentor becomes a process that allows us to become better, to evolve more actively.

[Crwth]

You must have peers and mentors who have your best intentions in mind and are not just making their pockets thicker. I hope that you are in a good community that values your existence in the group and ensures that you are learning as well.

I believe it could be assigned that you could Learn from those groups and then it translates to your results.

[Charles-Tim]

You must have peers and mentors who have your best intentions in mind and are not just making their pockets thicker. I hope that you are in a good community that values your existence in the group and ensures that you are learning as well.

I believe it could be assigned that you could Learn from those groups and then it translates to your results.

If someone is very patient, mentor is not necessary. But most newbie traders are not patient, which is the cause of their losses. Just like I have said, people like money. Mentors like money and he or she will demand huge amount. Also having a mentor does not mean the person may not still later lose. Self-discipline is very important in trading. Nothing comes for free when it comes to teaching.

[ZAINmalik75]

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.

(This topic was started in another forum first)

Mentor takes an important role to save their followers from big losses but not every mentor on Internet wants that some only want to make money from you by telling you lie that they care about you. A true mentor should talk to their subscriber face to face or on calls to help them understand why their predictions are not working.

How they can make more profit in this bull run in bull run the real pros and the fake ones both have the same statement that if you will take our paid signal group you can exceptional profit from the bullish market and if not then we will refund these types of offers are phishing so save yourself from such things too.

[Azharul]

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.

(This topic was started in another forum first)

I believe that it’s one of the best or important issue in this time. Because we know that trading is also a best profitable site in cryptocurrency world. We also earn huge profit easily in cryptocurrency market from trading crypto. But i believe that trading is not very easy for all crypto users. We also saw that many trader or investors get huge loss from trading, because they could not understand how to do trade. So i believe that if we want to earn best profit from crypto currency market, we must understanding in cryptocurrency market and correct trading knowledge.

[Findingnemo]

Mentors are expensive and I don't think we can benefit that much, instead we can simply start doing it on our own with minimal capital to understand how it works also can get some insights about the trading in the public forums which is completely free but not everything said in there should be right which means we have to be responsible and cross check the provided information is right once or twice.