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❓ASK Do you think having a mentor is important in trading ?

H

Horia_10

Guest
Starting Out With An Aim To Become a professional traders , lots of people end up making faulty trades in the very beginning due to not having a proper mentor or guide that is professional and can teach from his experience

Many people tend to pick up trading by following the wrong people and that's when they feel the need for a real one , do you think a mentor is important in trading ?
 
Solution
H
I agree most of the time things are difficult to be understood by us and are very challenging indeed so when you have a competent person as your coach or mentor that can make you pass through the hoos and holes calmly then you can succeed with the passage of time
It is important to have a mentor even if it involves making commitment in the form of paying such person.
The reason is because it makes your journey faster and easier as they will take you by the hand and make you not face some difficult challenges they faced while they trade in the forex market.
People who argued against these, have difficulty trading....
 
Definitely people have problems because they are facing things like these a lot and that is why a mentor is a very necessary person that can take you in times when needed and you can rely on him completely to be honest actually indeed .
 
Definitely people have problems because they are facing things like these a lot and that is why a mentor is a very necessary person that can take you in times when needed and you can rely on him completely to be honest actually indeed .
There are some challenges you might face while trading in the forex market especially if you are not experienced enough.
Those likely challenges could be solved if you have someone who is more experienced than you, who you could run to for help.
Everyone needs help when faced with challenges....
 
In as much as there are many reasons why a trader needs a mentor to be guiding him while trading, it is not all the advice and suggestions that s mentor gives that must be followed by a trader. Mentors are only good for guidance and not necessarily to be obeyed in all circumstances.
 
Forex trading is a different market and needs someone who has a good knowledge about the market to guide you.
Having a mentor usually make your trading skills more efficient as your mentor will guide you against some difficult challenges you might encounter in the course of the trading....
 
Actually not just in trading but in every aspect of life and business dealings. When you have a mentor you are able to learn from that person what works and what does not. You'll have a frame of what you should and should not do. The mentor can be online or physical, just have one. Learning from others is far better than having to learn from your own experience.
 
It is important and also necessary to be with a mentor to guide you on forex trading. It is usually to enable you avoid some mistake that you can meet when trading solely on your own.
Your mentor should be a better forex trader that is more experienced than you in every area..
 
Actually having a mentor in every aspect of life, either in aspect of businesses or aspect of investment is very good because as a mentor he or she had already knows most of the things going on in business or investment that you don't know, so as mentor he or she will guide you and make you to always make the right decision in your businesses or investment.
 
Actually having a mentor in every aspect of life, either in aspect of businesses or aspect of investment is very good because as a mentor he or she had already knows most of the things going on in business or investment that you don't know, so as mentor he or she will guide you and make you to always make the right decision in your businesses or investment.
Having a good coach is necessary when it comes to forex trading. Due to the technicalities that are involved, someone needs to be taught especially the newbies who have not traded in the financial markets .
Personally, when I started trading in the forex market, I was coached by a good professional trader...
 
Of course it very important to have a mentor for your trading activities. Infact, it's not just narrowed to those who want to be traders but everyone hoping to get good and better in whatever they are doing must learn to appreciate the services of a mentor. Not just any mentor, but one with proven qualities and reputation.

So anyone who have the chance to get a mentor for their trades should seize the opportunity immediately.
 
I would think that mentors are very important in all endeavours especially when taking up a new venture. However, it is pertinent to ensure that the mentor you decide on is actually deserving of that role.
When it comes to trading, you need a mentor, at least until you are able to stand on your own two feet in knowledge and profits.
 
I would think that mentors are very important in all endeavours especially when taking up a new venture. However, it is pertinent to ensure that the mentor you decide on is actually deserving of that role.
When it comes to trading, you need a mentor, at least until you are able to stand on your own two feet in knowledge and profits.
There are no dispute about it, you need a mentor or coach who is more experienced than you in any endervours you find yourself.
Many people who are ignorant about it usually find themselves making so much mistakes while trying to get perfect.
But with a good mentor with your interest in mind, you might not find so many things difficult....
 
Most successful people have mentors, because they don't know it all. As a trader getting a mentor would do you a lot of good, because you'd making fewer mistakes, making your success, closer than ever. You mentor is always someone that know more or have an experience of that thing you're into, so getting a forex mentor is a great idea, if you want to get to the top quicker. It's one thing to have a mentor and another to follow their lead.
 
There are no dispute about it, you need a mentor or coach who is more experienced than you in any endervours you find yourself.
Many people who are ignorant about it usually find themselves making so much mistakes while trying to get perfect.
But with a good mentor with your interest in mind, you might not find so many things difficult....
It is not impossible to be self taught and even dabble in some trials and errors to get lucky at success. As you rightly stated, having a mentor helps make the journey easier and faster without all the attendant mistakes trial and error can generate. Not just in forex or crypto trading but in almost all spheres of life
 
It is not impossible to be self taught and even dabble in some trials and errors to get lucky at success. As you rightly stated, having a mentor helps make the journey easier and faster without all the attendant mistakes trial and error can generate. Not just in forex or crypto trading but in almost all spheres of life
I agreed with your point. There are many people who train themselves in various trades and other businesses.
They have made up their to accept their losses in it eventually comes. Doing it alone will not make you the best.
Why should I be slow when I know I could move faster through mentoring....
 
In my opinion, having a mentor is a very good idea. Isn't it good to have someone who has much more knowledge than you by your side? Sometimes understanding or learning something as a beginner can be pretty hard and in those cases a mentor can be very helpful. He can help you learn everything. I also have a mentor for crypto trading. He is a nice guy and he knows the market far better than me.
 
A mentor or coach is necessary but it is not mandatory that people should be guided by anyone.
Many traders have succeeded withdraw having any seasoned mentor.
But from record, those who are guided by seasoned and professional traders make a better trader than those who trade on their own....

Well, this is true for sure as there are so many smart people who have been trading and making money and they have never hired a mentor or coach for themselves. But you must remember that your success entirely depends on how smart you are and what kind of trading strategies you create in order to become a successful trader. A mentor or coach is able to teach you many things that you may not be able to learn on your own.
 
Well, this is true for sure as there are so many smart people who have been trading and making money and they have never hired a mentor or coach for themselves. But you must remember that your success entirely depends on how smart you are and what kind of trading strategies you create in order to become a successful trader. A mentor or coach is able to teach you many things that you may not be able to learn on your own.
There are so many things you can not be able to learn on your own, there might be some hidden secrets that newbies are not exposed to. That is the area that your mentor or coach can come in and render you some good assistance.
When some trading secrets are known to you, it becomes easier for you.....
 
Having a mentor in every business is very necessary. Trading needs experience mostly to excel even in difficult periods. The money and expertise may be there but experience is needed to navigate difficult terrains. That's one reason you need a mentor. He has the required experience in that business whether good or bad so will advise you on how to avoid mistakes. A mentor will help you with support in setting up your business and when things go wrong.
 
There are so many things you can not be able to learn on your own, there might be some hidden secrets that newbies are not exposed to. That is the area that your mentor or coach can come in and render you some good assistance.
When some trading secrets are known to you, it becomes easier for you.....

There are many folks out there who are offering free online coaching to people. However, when it comes to learning something for free, there are many limitations. For example, you may not be able to ask questions and the coach might not be able to teach every thing to you for free. This definitely makes sense and i think that mentors and coaches deserve to get paid for their jobs.
 

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