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?

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.

This could be possible if that person had already been in the crypto space for long and should be able to know the kind of assets to trade with and not just random coin they may see on the market, here is where having a mentor is that right and there are people who doesn't have that technical knowledge to detects and do their analysis on the project to trade but they must at least start with those reliable coin such as bitcoin and ethereum also with usdt as where to start back their profits after trading.

[Glow]

This is so real and based on experience when I wanted to start my trading journey I searched YouTube and found alot of traders and mentors but the one I could understand the most was this one trader who broke everything down to the T showing how to read the chart and how to enter and exit and all the proof of her trades with receipt, she had seven years experience as a trade and being a mentor isn't really about knowing it's about how simply you can break it down so everyone understands regardless of me being new or old in trading. So just choose the mentor that you understand what he or she is doing and you will be good to go.

[ZAINmalik75]

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 chose trading mentor on the basis of reality they are sharing with us of market. If a person is just naming some terms and is not making sense to me I don't listen to them, I find those influencers the best who knows how to convey although it is better for a trader to know these terms if they want to earn more but I prefer simplicity.

There are these mentors who knows how to convey, and how to give proper reality check of market, they don't sell their courses they are totally caring to their community. I like knowledge the most so if they are feeding me the right one they are my mentor.

[Bobcrypto]

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.

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

[Themepen]

That is really good and important question for anyone who wants to learn how to trade properly. Choosing right person to teach you can make huge difference in how well you learn. If you ask me I will see these some points in mentor.

He should be able to show that they have done well over period of time with real proof like reports that have been checked by someone else or just history you can look at. Who can explain complicated ideas clearly break down trading into easy steps and teach in way that works easily. He should teach how to keep money safe and understand that can lose money in trading. If someone only talks about making much money quickly without mentioning risks that is bad sign. I will look for real reviews and try to talk to people who have been taught by them before.

[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.

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

Most of the mentors aren't that competent with their skills or even that productive, though I wouldn't mind going with one of the suggestion I got above, saying that it's important to look at the result of a trading mentor before choosing them because most times we might see them as people who are make progress but deep down they are losing, but most of them are solely interested of what they could gain from their trainees.

[Findingnemo]

I don't believe in this concept at all, if we are talking about financial advisor or mentor for choosing the assets for long term investments then I know people who guide people in the right ay but everyone who claim as trading mentors just give fake promises because no one can predict the market that makes their job obsolete, unless they teach them skills like TA or concept of entering and exiting at the right time.

[BestFx]

Simple, by his portfolio achievement and convictions

[Asiska02]

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.

Choosing a trading mentor has a lot to do with his consistency in winning and also how well he can analyze the market and wait for his trades to reach take profits. A lot of traders are showing off online with big lifestyles but are not good traders, they scalp with huge amount of money and then show their big lifestyles online because that’s what will give them students to mentor, they have to convince them with their flamboyant lifestyle before they will believe they make good money from trading.

Choosing the best trading mentor is important for a trader, because that will determine how soon you’ll become profitable. If you miss out on this and chosed the wrong person, there are chances that you’ll only be scalping to win trades and not actually have the mindset to believe in your analysis and hold trades till take profits level. Many are showing online to be traders but only few can actually trade well.

[Vx1]

When I first learned to trade, I often asked my own friends about trading. However, because it turned out that the answers were not always correct, I finally chose to learn by myself. And I think that learning by myself will be better, because our individual experience and knowledge will increase. And that is certainly very good in the future, so that our mentality is more prepared to continue trading in all conditions.

[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.

Choosing a trading mentor has a lot to do with his consistency in winning and also how well he can analyze the market and wait for his trades to reach take profits. A lot of traders are showing off online with big lifestyles but are not good traders, they scalp with huge amount of money and then show their big lifestyles online because that’s what will give them students to mentor, they have to convince them with their flamboyant lifestyle before they will believe they make good money from trading.

Choosing the best trading mentor is important for a trader, because that will determine how soon you’ll become profitable. If you miss out on this and chosed the wrong person, there are chances that you’ll only be scalping to win trades and not actually have the mindset to believe in your analysis and hold trades till take profits level. Many are showing online to be traders but only few can actually trade well.

Smiles..
People calls themselves trader but are traders just as you said they are living a flamboyant lifestyle just to enticed and attract people to themselves while they focused on what they would have from their students or their mentee but dig down there they are living a fake life style to favor them to help get more people to themselves.

Choosing a trading mentor is something very important to anyone who must be successful in the industry but most time there are people who go for self studies, learning things on their own to become whomever they are today through the help of online search and YouTube videos.

[Roseline492]

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.

I understand your perspective but that might not be right because a mentor cannot go out to look for people they would mentor but instead they wait for people to come to them because for them to choose means that they would go in search of people and the question is that how would they no the people that want trading, so that being said there are criteria somebody needs from a mentor because the name doesn't justify there ability or there experiences but what is on their brain is what the person want so thorough examination should be done on such person before making it your mentor.

[Faisal2202]

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 have multiple trading mentor, news mentor, and different mentor for different things, I learn different things from them and try to use them for my own benefit although it is very risky because sometimes I end up following nothing haha or sometimes make lose.

Speaking of trading mentors, I made lose from one if, I don't trade in their trade second time, but there was this one mentor I followed for very long, I read their long messages, they give good analysis of the market, but they were selling premium things too.

Point is with good company we can learn alot, finding one is difficult, knowledge is more important here not profit or trades.

[JISAN]

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.

To choose a trading mentor, it is necessary to see how many years of experience he has in trading. It is not a good decision to choose a trading mentor only by looking at PNL. Many people can make good profits in a short time but cannot maintain those profits for a long time. Therefore, all those traders should be taken as mentors. At least you can get honest advice from them. It is very difficult to succeed in trading, so it is important to take advice from experienced traders first.

[Legion]

I understand your perspective but that might not be right because a mentor cannot go out to look for people they would mentor but instead they wait for people to come to them because for them to choose means that they would go in search of people and the question is that how would they no the people that want trading, so that being said there are criteria somebody needs from a mentor because the name doesn't justify there ability or there experiences but what is on their brain is what the person want so thorough examination should be done on such person before making it your mentor.

We also realise that not all people or things around us that we interact with on the exterior are worthy to be a learning institution. Thus, the idea of selecting a mentor is different that is not chosen based on the majority voices or famous personality. One should not encourage students to approach a mentor, but the few who really require the mentor’s help should be the ones to come over. This reveals exhibit the extent that the learner is serious and willing to accept any form of assistance. In other words, it is necessary to provide fundamental common sense and careful approach in an intent to get to know the person more profoundly before we can entrust his or her with the learning process. This is because the person to choose a mentor whose input will greatly affect or approach to the field in which we are involved in.