How do you choose a trading mentor?

[SmartGold01]

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.

[BitMaxz]

I never experience to have a mentor so I don't know what should be the required criteria of a good mentor.

Maybe, a quality mentor should have 7 yrs of trading experience or above with trading history as a proof that he can trade and able to make profit.

Plus why you'd like to hire a mentor? There are lots of free resources to learn trading for free why not start from them once you learn from technical analysis and fundamental analysis I don't think you still need a mentor since what they can only do is to guide and teach you the basic.
Other mentors I guess have different trading style like ICT, SMC or just a basic support/resistance and trends or candles stick.
A quality mentor should able to teach you all kinds of strategy and trading style. If he knows all of them that is +1 but take note you can also learn them for free everywhere or in youtube. So I don't think yoj can still need them.

[taufik123]

Never knew about trading mentors because I only trade and learn self-taught.
But if you need a trading mentor then it takes a lot of research to be done, especially mentors who have extensive knowledge about trading, not only show off the profits on each trade but they give detailed explanations of how they can make profits and how the strategies are used.

If mentors are just showing off their profits without providing clear education about what strategies are being made, then they are just trying to attract more followers without providing the knowledge that should be done.

[Alone055]

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.

You don't get mentors for free, and I believe it's a bad idea to spend money on getting a trading mentor when you could use that money as capital and learn trading yourself for free from the sources and information available over the internet. I just wrote this in another thread: a trading mentor doesn't teach you anything out of syllabus; they give you information that you can already find online if you try, and they will take money for their time, and you don't need it if you are smart enough and can learn by yourself.

So, someone who thinks they are not smart enough to learn everything themselves, I think they will only waste their time and money by getting into trading because you need to have quick thinking abilities to be able to maintain everything properly, and if someone is smart enough to handle all the risks and everything, they can easily learn everything without a mentor if they give it some time and focus.

[Azharul]

Trading is one of the best profitable source in cryptocurrency world. But if we can not acquire knowledge in cryptocurrency market or trading system, then trading will be very losses source for us. So if in this situation we take an expert mentor, i think that it will be very correct decision for me.

 But when we want to take an expert mentor, we should take decide to mentors previous skills. Because i think that it will be very helpful for earn best profit in cryptocurrency market. Because when we follow in our expert mentors, we could understand easily many strategy from trading. But firstly we should trying to understand in cryptocurrency market carefully.

[TomPluz]

I never availed of a mentor for trading cryptocurrency so far though I know that having an effective mentor can really help a lot and can essentially shorten the learning curve which is very necessary for success. We have a lot of this and that tidbits of information, knowledge and wisdom and hopefully a mentor can guide us to fit things together and never be lost in information overload. However, we should also note that there are many mentoring programs that can be classified as useless and maybe even as scams. For me, I would only be convinced if a certain mentor can show me proofs that he is really successful and I must know some of his members who are also doing the same. Though admittedly, this can be difficult since these mentors are just online and they are not out neighbors.

[Nheer]

I never availed of a mentor for trading cryptocurrency so far though I know that having an effective mentor can really help a lot and can essentially shorten the learning curve which is very necessary for success. We have a lot of this and that tidbits of information, knowledge and wisdom and hopefully a mentor can guide us to fit things together and never be lost in information overload. However, we should also note that there are many mentoring programs that can be classified as useless and maybe even as scams. For me, I would only be convinced if a certain mentor can show me proofs that he is really successful and I must know some of his members who are also doing the same. Though admittedly, this can be difficult since these mentors are just online and they are not out neighbors.

You have a valid points though most of this mentors online are always eager to paid them and learn from them which most will disappear after the payment and there where about will be unknown. But same thing applicable to other mentors they are trust worthy and very positive, but I prefer to pay for physical class or lecture rather than paying online cause a lot of them are scam, the trading online lecture I paid for was my neighbor who his into forex trading and he his very successful and profitable in forex so I was so excited to see him that profitable so I joined and I paid him and he thought me both online and physical lectures and I really enjoyed but other than someone I know I don’t think I can pay for online lectures cause most of them are scammers and they will only take advantage of you and manipulate you. But there are many trust worthy mentors out there but be safe and choose your mentors wisely alot are scammers.

[rby]

I think mentors choose who they will mentor and not the reverse. A mentor is more than a teacher. A mentor is one who is ready to sacrifice self happiness and winnings for his mentee. Majority of what we see in the trading business is hungry tutors who are looking for their daily bread.
If i am to advice, it will be beneficial if you have different sources of materials online, and join trading groups, you will learn better there than from a personal teacher or acclaimed mentor.

[Mr. Magkaisa]

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.

      -       Do we really need a mentor when we are trading? Do we think that when we are in the crypto space, we are required to have a mentor while we are learning trading? I am not saying that having a mentor is bad if we are just starting out in crypto trading.

In fact, it is even an advantage if you have a mentor to guide you while starting out in the crypto space. It's just that not everyone who wants to learn to trade wants to have a mentor. There are mentors who are paid and there are those who do not have to pay. And of course, as an individual, I studied trading through self-study. So, the one who seemed to be my mentor for free was Mr. Google search, and YouTube about tutorial video trading.

[SmartGold01]

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.

      -       Do we really need a mentor when we are trading? Do we think that when we are in the crypto space, we are required to have a mentor while we are learning trading? I am not saying that having a mentor is bad if we are just starting out in crypto trading.

In fact, it is even an advantage if you have a mentor to guide you while starting out in the crypto space. It's just that not everyone who wants to learn to trade wants to have a mentor. There are mentors who are paid and there are those who do not have to pay. And of course, as an individual, I studied trading through self-study. So, the one who seemed to be my mentor for free was Mr. Google search, and YouTube about tutorial video trading.

For those who are not that secured about having to Google things can actually have a mentor to teach them while trading because not everyone can learn on their own, and Yes people needs mentors who are that dedicated and routed into trading than just starting on their own to lose continuously, with mentor you loses could be reduced and minimized while trading.

[DavetJack]

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.

I think one day a mentor is no less than a teacher. Choose someone as a mentor who is attracted to you and will show you the way to success. A mentor is someone who is ready to sacrifice his partner's happiness and victory for you. You can choose him as a mentor. If we look at trading traders, they only want to use whatever knowledge they have to move their lives forward. But they do not want to give good advice to the small users around them. And no matter how many times they are traders, we will never choose them as a mentor. I mean, you should choose someone who can sacrifice his happiness or sacrifice his victory for you. What is your opinion?

[SmartGold01]

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.

I think one day a mentor is no less than a teacher. Choose someone as a mentor who is attracted to you and will show you the way to success. A mentor is someone who is ready to sacrifice his partner's happiness and victory for you. You can choose him as a mentor. If we look at trading traders, they only want to use whatever knowledge they have to move their lives forward. But they do not want to give good advice to the small users around them. And no matter how many times they are traders, we will never choose them as a mentor. I mean, you should choose someone who can sacrifice his happiness or sacrifice his victory for you. What is your opinion?

So far from what I have learned over the other forum it's important to look at results before choosing a mentor who would guide us to trade, most times with their results we can be that encouraged and inspired to put more effort to have same like results as they are and, of course whomever that is a mentor would always want you to have his same type of results if he makes profits on a constant and constant basis.

[target]

While this thread is talking about choosing a mentor in trading, one existing topic also talks about trading mentor being a scammer lol claiming to be a trading mentor but only sells their video tutorials on some online university.

I have no issues wit hthem actually if they are real or not but if you are able to learn how to set up your tradingview and watch some tuts on youtube, I think you learn from them seeing yourself going to spend hours and hours reading.

[Rruchi man]

It is an intentional act while trying to choose a trading mentor. This is why you must be very observant of their trading results and take note of them. The trading mentor who has successful trading results sends a positive message to you that you can be successful too, as they are; that will prepare you for taking whatever they tell you seriously, unlike a mentor who has no results to show for the period they have been trading.

[SamReomo]

I really want to know about those who believe on having a trading mentor, how do you choose them?

First of all, I'm not among those people who believe in having a trading mentor because I personally believe that trading is something that one has to learn his or her self and there's no need to get any help or support from someone else.

However, if someone still thinks that choosing a mentor is a good option then that person should only choose somehow who's trust worthy but still then a question arises whom to trust and whom to not trust.

That's why I suggest everyone to learn trading themselves if possible.