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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
Actually having a mentor in every trading you do, either in crypto currencies or Forex. It is very good and highly important to have a mentor for he or she to guide you and put you through on what ever places you do not have understand and through that a mentor again will try the best he or she could to motivate you in one way or the other.
 
It is very important to have someone guide you in your business because you can develop faster without making so many mistakes. We really have to work alone for our evolution and our money, but a mentor would open our eyes to possible losses or gains. Then when we learn how to trade we will be responsible for ourselves and we will know what we have to do.
 
A good mentor will put what they tell you into practice themselves. You should look for a Forex trading mentor that is a full-time trader with significant market experience, meaning they actively trade their own funds or manage the funds of others while keeping a close eye on the markets on a daily basis.
Trading, like any other activity, takes practice and dedication to become proficient at.

A real-world trader mentor will have first-hand experience with the challenges that novice traders face, such as trading on short time periods, over-leveraging, and buying high and selling low. Learning advanced trading principles will be much less of a challenge if you have a mentor who takes the time to teach you the basics.
 
Actually having a mentor in every trading you do, either in crypto currencies or Forex. It is very good and highly important to have a mentor for he or she to guide you and put you through on what ever places you do not have understand and through that a mentor again will try the best he or she could to motivate you in one way or the other.
When you try to do everything all by yourself, you are bound to make some errors and some mistakes.
In other to avoid pitfalls and unwanted mistake, it is good you attach your self to an experienced forex trader who can be a helper and a mentor to you. It is necessary for your own safety....
 
When you try to do everything all by yourself, you are bound to make some errors and some mistakes.
In other to avoid pitfalls and unwanted mistake, it is good you attach your self to an experienced forex trader who can be a helper and a mentor to you. It is necessary for your own safety....
Yeah, it will be very safe for one. Though most people do find it hard to get a mentor or some one that can guide them nowadays because at my side, any one that want to start learning anything online now either crypto currencies, Forex, affiliate marketing, freelancing, Amazon and others has to pay money before he or she can be guided.
 
Yeah, it will be very safe for one. Though most people do find it hard to get a mentor or some one that can guide them nowadays because at my side, any one that want to start learning anything online now either crypto currencies, Forex, affiliate marketing, freelancing, Amazon and others has to pay money before he or she can be guided.
Actually nothing absolutely is gotten for free. If you really desire to get some education and knowledge sometimes you have to pay for them.
But if you are fortunate enough you can meet someone who can guide you for free or for a little token.
Many people just want to get information without paying for them ......
 
I don't really know much about trading. Trading has its own advantage and disadvantage. In as much people are making money from it, many people are ala loosing money. Anything that involved loosing of money will surely call for a mentor
People can decide to do things or trade on their own but how well would they perform especially if they are not too experience in forex trading.
Many people due to pride and ego has lost so much money in business and trading because they fail to take good advice from people more experienced than them......
 
One of the way to be a successful business owner is to have a good mentor who will guide us in the line of the business.
Mentorship is very good and important to been a successful businessman, people with good mentor in their line of business tend to do well in their business.
 
Mentorship is good for new traders. If a new trader can get the right mentor before going into trading, the person will likely do well and avoid unnecessary losses. While having a mentor we must also be care not to fall in the hand of scammers out there claiming to be expert in trading.
 
Mentorship is good for new traders. If a new trader can get the right mentor before going into trading, the person will likely do well and avoid unnecessary losses. While having a mentor we must also be care not to fall in the hand of scammers out there claiming to be expert in trading.
It is very helpful but not mandatory for everyone. There are people who think they can learn on their own without the help of anyone.
But with a good coach or someone who is more experienced than you to mentor you, it makes your journey faster and easier for you....
 
The ugliest fact is there will always be online scsmmwr that always want to take the advantage of the situation of the newbies to scam them of their money. That's why looking for mentorship these days may be very difficult and care must be taken in choosing one.
 
However, it is important that he is authorized, that he gives us effective advice.
You are absolutely correct. Some traders especially those that are new into the trading to fall victims of just anyhow broker. They don't really know the criteria they need to use in choosing the best brokers for themselves. And this has really cost them a lot.
 
One of the way to be a successful business owner is to have a good mentor who will guide us in the line of the business.
Mentorship is very good and important to been a successful businessman, people with good mentor in their line of business tend to do well in their business.
Traders who understand the importance of mentoring will always look for more experienced forex trader to be with.
Forex trading is all about constant practice and experience.
Many people have been in the market for some number of years and have acquired enough experience.......
 
Mentors in trading are really necessary but not compulsory. No one can attain expertise level if there is much dependency on another person's knowledge for every if its action. That's why it may be necessary to have a mentor to be guiding us only on the areas that we may not have full knowledge on and not on all aspects.
 
Mentors in trading are really necessary but not compulsory. No one can attain expertise level if there is much dependency on another person's knowledge for every if its action. That's why it may be necessary to have a mentor to be guiding us only on the areas that we may not have full knowledge on and not on all aspects.
Yes, having a mentor in your trading is really necessary and helpful but not mandatory. It remain the decision of the trader to make.
But trading forex is very technical and One one can depends on his own knowledge especially if he is trading for the first time.......
 
mentor can help you to reduce the amount of time you need to learn how to trade currencies properly and help you to understand why you are not succeeding or achieving the results you want.
It is really time. Sometime the time we do spend to read and gain knowledge about trading is not always a small thing . A mentor can help you to understand easily and also help you technically in your trading analyses. If you want to be successful in your trading, you really need a mentor to help you at the begin in order for you to get more experience.
 
It is really time. Sometime the time we do spend to read and gain knowledge about trading is not always a small thing . A mentor can help you to understand easily and also help you technically in your trading analyses. If you want to be successful in your trading, you really need a mentor to help you at the begin in order for you to get more experience.
The mentors you have with forex trading can actually make your work quite easier and better because they will teach you how to overcome some challenges that might hinder you from making progress with your trading.
I do have a mentor who I always look up in my forex trading as well.....
 
If you think you can have a helping hand on the side for the difficult calls yeah is propably a good idea. Expecially if you are a newbie on trading and the crypto scene. I like t follow discord channels about these thinks and try to find some traders there rather than going to big bussinessed to get a super pro mentor.
 
Mentor is very vital in forex trading. The role of mentor can never be overemphasized when it comes to forex trading. But the problem is how to identify the right person. Most successful traders don't have enough time for themselves to talk of whom to train. The problem lies in identifying a mentor that knows what he is doing!
 

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