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Topic: How important is the mentor? (Read 532 times)

full member
Activity: 938
Merit: 105
October 14, 2018, 02:26:09 PM
#41
Hello guys,

I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.


It is necessary and certainly needed because doing it alone or making decisions without enough knowledge and understanding about cryptocurrency would be a risk. It is important that we'll have someone to help us understand the market flow. Believe me, it helps a lot.
Yes right, if you can afford to have mentored and I'm sure you are going to pay that person that who is your personal mentor, anyway, I don't know if there is an expert of being mentor probably 30% they were helping but all in all it will depend on your own work like researching. Then if you find someone mentors that expert on a market analysis that is good but if pretending to be good well, good luck to you.
full member
Activity: 1708
Merit: 126
October 14, 2018, 02:09:22 PM
#40
Hello guys,

I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.


It is necessary and certainly needed because doing it alone or making decisions without enough knowledge and understanding about cryptocurrency would be a risk. It is important that we'll have someone to help us understand the market flow. Believe me, it helps a lot.
member
Activity: 332
Merit: 10
October 14, 2018, 12:17:51 PM
#39
That's extremely important. The question is how experienced your mentor and how much you can trust him or her. It's perfect to have someone you know very well in this situation. Otherwise you should check twice before choose someone you're going to trust your money and well-being.
full member
Activity: 476
Merit: 105
October 14, 2018, 12:00:33 PM
#38
If you can afford to have a mentor why not? they can teach the things from their experience thus avoiding you for the waste of time you will possibly be doing without them but the problem lies to find a decent one who is willing to impart their knowledge, experience, and strategy to trading you are a bit lucky if you know someone personally looking from the internet takes some risk to wary.
sr. member
Activity: 545
Merit: 250
Colletrix - Bridging the Physical and Virtual Worl
October 14, 2018, 09:01:37 AM
#37
It's very true that a mentor can monitor your studies and practices and can guide you better than doing it by yourself.
A mentor can point out the mistakes you do and can guide you the right path and strategy to learn new things.
It's not necessary that you find a person in the real world since you can find a mentor these online on forums and various channels.
Discord a good place to start where you might find groups who trade regularly and support and guide each other.
There are plenty of ways to connect with now. What we really need is to find someone whose generous enough to share all of his thoughts and idea for profit.
sr. member
Activity: 2436
Merit: 272
Hire Bitcointalk Camp. Manager @ r7promotions.com
October 14, 2018, 08:33:35 AM
#36
Hello guys,

I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.
Decision making is one of the important thing when it comes to trading so if we have mentor menas it will be really helpful for us to be calm at the hard days but I don't think anyone will be going to hae a mentor in crypto trading unless he is trading with thousand of dollars which can give enough profits to pay the salary for the mentor too.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
October 14, 2018, 07:35:59 AM
#35
Hello guys,

I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.
Mentor must be someones who is more knowledgeable and experienced than us,thats they can tel” us whats wrong and whats good thing to do,if thats what you are talking here,then i should say they are very important for our trading specially to someone like you whos newbie in this field,but always remember that its your choice in which must happen,so if things went wrong you can blame no one but yourself
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
October 14, 2018, 07:24:14 AM
#34
It's very true that a mentor can monitor your studies and practices and can guide you better than doing it by yourself.
A mentor can point out the mistakes you do and can guide you the right path and strategy to learn new things.
It's not necessary that you find a person in the real world since you can find a mentor these online on forums and various channels.
Discord a good place to start where you might find groups who trade regularly and support and guide each other.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
October 14, 2018, 07:07:32 AM
#33
It shouldn't be that much important depending on why you need one. I mean in many parts of life a mentor is a great important thing and if you have a mentor who is also a teacher than that is more important.

However, if we are talking about trading in crypto world it should not be that much important because in crypto you are in charge of yourself and there are no rules at all which makes the market a wild wild west deal. At that point you should learn from your mentor but also try to see the weakness' in his teachings and you should try to find more information and try to be better than your mentor.
hero member
Activity: 1134
Merit: 517
October 13, 2018, 08:08:04 AM
#32
It's hard to trust those we didn't know, it might not help you that much, we can learn from them then try to do sometimes in your own, the moment we try it by ourselves is the time we can be aware that we are capable too.
You don't have to know a mentor in person as he/she could as well be at the other half of the world - much appreciation for the world being a global village. What matters most is what knowledge a mentor has, the time and willingness to transfer to others without a charge.

Hello guys,
I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.
Am yet to come across an exclusive cryptos trading community as we do with forex trade! That would have been the ideal place to run into more knowledgeable and experienced traders willing to point the way forward to newbies that hunger to learn - many are not!  At any rate, look in here, they were my starting points years back and I have come across sound traders and ideals.   https://www.forexfactory.com   http://www.trade2win.com You'll however not find the streets littered with gold!
member
Activity: 392
Merit: 11
The New Pharma-Centric Marketplace
October 13, 2018, 06:30:26 AM
#31
Hello guys,

I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.

Will in my own thought mentor are very important because without them,we cannot learn the way of cryptocurrency and we dont know,how important the digital technology into this new era especially  that we are beginner and step by step getting an idea how to make profit into this crypto world.
member
Activity: 336
Merit: 55
October 13, 2018, 05:03:50 AM
#30
I have a facebook messenger group before who are composing of fellow country men who are willing to share their knowledge on trading and they trade together in a group and on the same exchange. If you wanted to learn more and dont wanted to be stressed out that much, it always fun to trade in a group or with your friends. Having your mentor beside you really is helpful and will expand your ideas on how to trade better.
full member
Activity: 770
Merit: 101
October 13, 2018, 02:11:23 AM
#29
Hello guys,

I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.
That's right, but you need to find someone who is really talented. But you have to pay for them. Depending on your choice, you also need to know a lot about investing so you know what to invest in. The mentor is experienced but not sure he / she is right.
hero member
Activity: 1274
Merit: 516
October 13, 2018, 01:35:29 AM
#28
It can be really helpful if there is someone can guide you, the person can give you advice that maybe not in the book, but the trading strategy and techniques of each person is different so maybe you can't just fully accept the strategy, you need to adjust the teaching by yourself, not all people are that lucky, usually mentor like that charge an expensive fee, it not necessarily having a mentor when you trade because nowadays you can learn from youtube and Internet
member
Activity: 476
Merit: 10
October 12, 2018, 09:29:02 PM
#27

A mentor in trading can lead you to a shortcut in your learning process, but be careful, as each person has it`s own
trading style which suits him. A mentor should only share his knowledge and experience and to teach you how to
develop your skills in trading and not to replicate himself.
hero member
Activity: 1008
Merit: 501
October 12, 2018, 09:09:10 PM
#26
Hello guys,

I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.
Like you rightly said, it can takes years to fully master trading, during those years, a good deal of mentoring will help you avoid costly mistakes and accelerate your learning process.Over time, you will come to develop your own strategy, test it several times until it is proven to be workable and suitable for you.That will be like your own signature trade. I personally respect Allesio Rastani as regards TAs
Actually the mentor is not too fundamental because self-taught learning can also be done in trade right ? but you right
use a mentor could to speed up your lessons and they can monitor if you make a fatal mistake and avoid big losses
full member
Activity: 759
Merit: 105
October 12, 2018, 07:44:14 PM
#25
Hello guys,

I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.
If it is a trusted friends of your of course i would believe him but if it is somebody i would still doubt to him if he's being honest to me about trading all the time. When money is involve you can't just trust someone though they offer you this and that it doesn't mean they don't have any hidden agenda. Though it's your choice then you have the right to do whatever you want.
sr. member
Activity: 602
Merit: 250
October 12, 2018, 07:34:41 PM
#24
I agree with everyone who is an important marketer. They can help us analyze the market situation in a specific and accurate way. Thanks to them we will know how to invest and trade accordingly, limiting the risk and loss.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
October 12, 2018, 07:28:16 PM
#23
Hello guys,

I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.
If we have, so it will be very good. I means, someone who can control our trading ways and can make us to be careful when make decision. Who make us strong when our coin still down very much. If i have mentor i will very happy.
legendary
Activity: 1652
Merit: 1483
October 12, 2018, 07:25:39 PM
#22
Hello guys,

I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.

i think having a trading community is really great. a mentor is good, but it's important not to think of them as a "guru" and to have different perspectives from different traders.

in my early years, i was really active in the tradingview "bitcoin" chat---now called "cryptocurrencies". i made a lot of connections there (i still keep in touch with some) and we constantly shared trading ideas and critiqued each other's setups and analysis. this is really important because it challenges your perspective and forces you to deal with multiple possibilities. trading is all about knowing the possibilities, reacting to them efficiently, and managing risk/cutting losses when you're wrong.

it also helps you gauge sentiment: if everyone in your group is bullish, be very careful about going long! Tongue
sr. member
Activity: 2618
Merit: 439
October 12, 2018, 05:46:30 PM
#21
Of course its very important if someone more experienced can coach you throughout your trading journey. The problem is how you can get someone to mentor you? Its good if you have someone closed that will give you advise without any payment. But I heard others are offering mentorship but with a huge price. I was lucky I have my dad to mentor me in my early years of trading in stocks but sadly though he passed away. But I'm glad that I get some glimpse on some secret trading tips.
legendary
Activity: 3136
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
October 12, 2018, 05:42:32 PM
#20
I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

Do you have 10 months of study and do you have how many months of practice? this is the question, how many months of practice do you have? How many times a day do you practice/trade?

I'll be direct, where the hell are you going to be able to get a mentor? another thing, you know it will be your money and the mentor will not be pressured because it will not be the money in his pocket in case of losses, so practice a lot that you will not need a mentor
hero member
Activity: 1358
Merit: 513
October 12, 2018, 05:30:07 PM
#19
In my opinion having someone teaching you about the ups and downs of trading or markets generally is important and yh it can be super helpful. At the same time if you're not lucky enough to know someone who can share that with you then you'd probably have to pay the mentor. Alternatively, you could learn these things yourself but it will take some time and at certain costs.
newbie
Activity: 108
Merit: 0
October 12, 2018, 05:14:51 PM
#18
The contributions of a mentor in trading activities re undisputed, having an experienced mentor is much more helpful for a beginner
member
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October 12, 2018, 05:13:33 PM
#17
Learning is a big process however, you can learn base on how available you are to what you really want to again. Also, the process of cryto learn depends on who is your mentor or teacher and how you are ready for learning. It is easy to learn in cryptosystem but takes time.
newbie
Activity: 68
Merit: 0
October 12, 2018, 05:00:08 PM
#16
Hello guys,

I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.

You know there's a recipe in successful trades that only us can discovered. That recipe is the product of experienced we had doing trades.

May I asked you a question first,  are you just studying, reading or something... without putting yourself on the actual trades? 10 months is enough time to build a good experienced so I guessed you should know what things you must do on a certain situation.

It's not that Im saying that you need to work on your own but every traders does have a different strategy. That "mentor" you are looking might be successful in their own strategy but might failed if applied by you so don't really purely rely on them. But the good thing here is, you can take their pointers as references which may help you to make your future strategy.

I would say that I have some experience in the market, I've been trading, I''ve had a successful days and bad days. Still, I feel like I'm missing something out which I cannot read on the internet. It's hard to find someone who's willing to spend some time with you if you do not have anyone around you who is connected into crypto or trading.

P.S. can anyone recommend any live chats?
hero member
Activity: 2912
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October 12, 2018, 04:54:47 PM
#15
I agree with most of the comments here.

It is very important that someone is looking after you. Besides it does bring fun, they can also see errors of whatever choices you did which are wrong.
But it is not easy to find that one who will have enough patience to look after you even after so many bad decisions.
It cannot be just a friend that you picked from the streets. It must be someone that will be willing to go that far just so you could be almost perfect.
copper member
Activity: 322
Merit: 0
October 12, 2018, 04:51:01 PM
#14
Hello guys,

I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.

Well there is a difference like heaven and earth! It's like going to the gym alone. What result will you come to? There is a small percentage who succeeds without the help of a coach. There is someone could, but after a long time making very many mistakes. But I understand you are in this percentage do not enter, just ask here. Now imagine, you started with a coach. And a year later, you've changed so much that you don't recognize yourself. Now think about how much time you've saved. And this will probably be the unit of account in the difference. Time - you yourself can learn the basics of trading, and even become a guru. But you have to spend a lot of time. The training of a lifetime! And you can reduce-get rid of committing stupid mistakes, under the guidance of an experienced mentor.
sr. member
Activity: 1484
Merit: 253
October 12, 2018, 04:41:18 PM
#13
Having a mentor is not necessary, but can definitely be very helpful. Not only with trading, but with anything in general. Someone giving you good advice as a beginner is super beneficial if your mentor actually knows what he's/she's talking about.

The only thing is that it might not be easy to find a good and effective mentor, a mentor that's actually there for the purpose of helping you, and not leech off you or something. Especially knowing that you will most likely be looking for one online. I'd definitely prefer a person I know personally.

With the help of the mentors in crypto, I think this brought good and well developed ways on handling trading activities. Despite of the bad market we still have an opportunity to gain much better knowledge in order for us to avoid diving out of the market's uncertainty situations.
full member
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October 12, 2018, 03:48:38 PM
#12
Hello guys,

I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.

It's not unique to trading or cryptocurrency, having someone else to use as a mentor in everything in life is completely invaluable, so often as an individual you'll make repeated mistakes that you yourself cannot notice, a mentor can point them out for you, they can also help to keep you motivated and on the right track to achieve your goals.
legendary
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October 12, 2018, 03:48:29 PM
#11
Hello guys,

I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.

You know there's a recipe in successful trades that only us can discovered. That recipe is the product of experienced we had doing trades.

May I asked you a question first,  are you just studying, reading or something... without putting yourself on the actual trades? 10 months is enough time to build a good experienced so I guessed you should know what things you must do on a certain situation.

It's not that Im saying that you need to work on your own but every traders does have a different strategy. That "mentor" you are looking might be successful in their own strategy but might failed if applied by you so don't really purely rely on them. But the good thing here is, you can take their pointers as references which may help you to make your future strategy.
jr. member
Activity: 31
Merit: 1
October 12, 2018, 03:22:18 PM
#10
You can always teach yourself, but a mentor can teach you the lessons they have learned that you won't find in online resources.  If you can find someone to take you under your wing that would be great.

Another idea is to join online communities (such as this) that are dedicated to trading and sharing information.  I would recommend looking into live chat platforms where people are sharing information constantly.  There is a lot of noise, but if you know who and what to filter out there are a lot of great traders out there giving away tons of information for free - you just have to know how to find it.

Best of luck!
sr. member
Activity: 896
Merit: 253
October 12, 2018, 01:23:05 PM
#9
Hello guys,

I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.

Very important. But you can always want to know about that mentor if he or she really had a time with actual trading, then you can really trust him/her on his/her teachings about it because he had been through anything.
hero member
Activity: 1414
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Backed.Finance
October 12, 2018, 01:15:31 PM
#8
I think that mentoring by a more experienced trader helps a novice trader to develop in the right direction, minimize their risks and eliminates some of the mistakes that a beginner can make.

Its true and its important to have a mentor if possible. A mentor that is someone whom you know and having enough experience to implore. That way, you can minimize your mistakes in trading and and so with losses. If you cant find a good mentor, you can also learn from self discovery and researches. There are tons of information here and even in youtube.
hero member
Activity: 2856
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Burpaaa
October 12, 2018, 12:01:41 PM
#7
Having a mentor is not necessary, but can definitely be very helpful. Not only with trading, but with anything in general. Someone giving you good advice as a beginner is super beneficial if your mentor actually knows what he's/she's talking about.

The only thing is that it might not be easy to find a good and effective mentor, a mentor that's actually there for the purpose of helping you, and not leech off you or something. Especially knowing that you will most likely be looking for one online. I'd definitely prefer a person I know personally.
It's hard to trust those we didn't know, it might not help you that much, we can learn from them then try to do sometimes in your own, the moment we try it by ourselves is the time we can be aware that we are capable too.
mk4
legendary
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Paldo.io 🤖
October 12, 2018, 11:16:56 AM
#6
Having a mentor is not necessary, but can definitely be very helpful. Not only with trading, but with anything in general. Someone giving you good advice as a beginner is super beneficial if your mentor actually knows what he's/she's talking about.

The only thing is that it might not be easy to find a good and effective mentor, a mentor that's actually there for the purpose of helping you, and not leech off you or something. Especially knowing that you will most likely be looking for one online. I'd definitely prefer a person I know personally.
legendary
Activity: 3458
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Top Crypto Casino
October 12, 2018, 10:38:43 AM
#5
Not having a mentor is like you are going into many roads that you don't know where to go and in the end, you get lost.
Agreed.  I'm not a trader, but I can say that I've had a few mentors in my life--not for anything to do with money, but just for life issues.  I would imagine having someone to bounce ideas off and to get useful advice from if you're a trader would be invaluable.

Here's the thing, though:  you have to pick your trading mentor very carefully, and I would only choose one after you're sure he/she knows what they're talking about, and I'd suggest picking one who has a successful track record of making successful trades.  Don't pick somebody just because you enjoy having a pint together.  You can always find a friend, but finding a mentor who's going to help you profit takes some time and analysis.
newbie
Activity: 68
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October 12, 2018, 10:08:02 AM
#4
Is it possible to acquire a mentor somewhere? Who can just answer to theoretical questions maybe? Beside paying thousands of dollars for that option
legendary
Activity: 2520
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Catalog Websites
October 12, 2018, 09:54:43 AM
#3
Having a mentor in trading is very important. I know that learning in trading will take a long time but having a mentor will shorten your time in learning. I will share a short analogy unto how long a trader will learn with and without mentor.

Having a mentor is like you going to a straight line. I'm not saying purely straight line but your journey in learning trading will take a shorter time with the help of the mentor.

Not having a mentor is like you are going into many roads that you don't know where to go and in the end, you get lost. If you will learn trading by yourself, it will take you a long time before you learn it.
jr. member
Activity: 126
Merit: 1
October 12, 2018, 09:20:14 AM
#2
I think that mentoring by a more experienced trader helps a novice trader to develop in the right direction, minimize their risks and eliminates some of the mistakes that a beginner can make.
newbie
Activity: 68
Merit: 0
October 12, 2018, 08:16:41 AM
#1
Hello guys,

I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.
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