Topic: The Importance of Having a Trading Mentor - page 2. (Read 1536 times)

Yes, I actively trade and I do Index (Volatility) most of the time (I hope you're familiar with that line of trading, though), while on a few occasions I trade cryptos and FX.

What I meant by my crypto journey is explicit. It's the whole thing about how I stumbled on cryptocurrency, my onboarding and where I am with it today. 

In whatever you do, learn the skills and also a sustainable way to do it well... What motivated you to begin your journey at first? How did you initiate in a trade without even understanding the intricacies innit? I'm happy you've realized this yourself.

OP's talking about trading... Are you currently a trader? I dunno what you mean by "crypto journey", sorry.

It's not even a matter of "can accelerate", it "should accelerate" ought to be the expectation except the person referred to as a mentor is a mediocre. I've stood on the shoulders of a few  I recognize as mentors and they propelled me faster than I thought, though not in cryptos. My crypto journey was haphazard, I couldn't find anyone to mentor me directly. I read most things starting up here and then grew wings to test the wind. Not having a mentor kind of slowed my moves, I've to admit.

If it would really be done in face to face then i could say that it would really be much faster if we do speak about learning up things on which we know that when it comes into this aspect then having that kind of
approach will really be giving out that kind of fast pace when it comes to your learning in compared when everything is really done via online on making up some explainations but somewhat its true that everything
could really be shared up or would really be provided if we do speak about learning tools. The only thing that cant really be that teach is about on the other experiences on which your mentor does have that will really be passed into you but somewhat making up some comparison basing up on real experience will really be giving out that kind of idea. When it comes to learning then it would really be up to you whether you would really be wanting or liking to have a mentor or would really be learning up on solo on which it will really be that on your own choice. The key on here is that you should be able to catch up on what are the things that
you do really aim for on which is to learn up trading as much as you could. If you do prefer on having that someone will be teaching you then its your choice but if you do want to go solo then go ahead.
Everything is really that indeed could be search online and this could really be used into your learning tool and the rest will really be gained through experience.

Ideally, we should learn from a mentor face to face. If we learn from a mentor online, there are too many limitations. It is even not so different than we learn from videos. Sure, if we learn from a mentor directly, he will easily guide and evaluate us if we make a mistake. However, it is very difficult to find out an offline mentor, most professional traders hide their identities. Even they learn other people, they prefer to share information (tips, tutorials, etc) in a social media group only. It is quite rare that they want to learn us privately.

It is quite impossible if they don't tell about the risks. But maybe they don't tell the risks in details.
Since it is a course, they should focus on learning positive materials. Mostly the course will give the lesson about technical aspects in trading. I don't think we must doubt the knowledge. But sure, the course may not really focus on developing the mentality of the learners.

In terms of buying anything including courses that are generally wrapped in the name of knowledge in them, of course it also still depends on our own interest and confidence. Because if the party selling the course only gives examples of the benefits without explaining the risks and things that can cause risks through small mistakes, then the knowledge in the course also needs to be questioned clearly. Because in trading there are only two important points that always happen, if there is no loss then there will be profit even though some of the profit is the effect of the level of luck that is on his side.

selling courses is old business though, most of people don't get easily lured these days as more and more people are spending time to do background check and research on the course seller and just won't spend some money buying their courses, but trend has shifted to CT and KOL, basically building image and grinding followers that your voice matters enough in the crypto space to earn you some money.

when it comes to trading though, there are so many of these CT that offers trading signal while also offering VIP class which might offer mentorship as well, but I'd say if people really trying to find mentor through online, be sure to check on their trading history, if they don't disclose their trading histories, then I can be sure that they are just trying to sell useless mentorship, only find a mentor that really have good history, background and is transparent enough for them to still be comfortable on sharing their mistakes.

Totally depends on a certain individual because learning isnt really just that limited when doing up some face to face sessions physically. In todays accessibility then we could really be able to say that it is really that also
possible to learn up things or face up someone online. We do have that screen share up or team viewer or live streams and something on which it would really be a great tool that informations being shared up with you and your mentor.It is really indeed true that learning from someone who do have the experience is much more better rather than on doing on your own or somehow it could make things bit more faster but of course it will really be that still depending on how well you do able to absorbed information and apply it into real trading. We do know that there are individuals who are slow learners or not really that good when it comes to memorization and thats why it do make things a little bit more delay.

Learning up trading would really be that a long process and doesnt really be able to get it overnight and this is something that noobs would really be mainly have in their mind. On the time or moment that they've seen
on how harsh this market is then they would really be having those kind of realizations that dealing up with these things arent that easy. It doesnt matter on what path you would be taking as long
you do able to make yourself learn then this what matter the most.

Yeah, that's true. It quite easy to learn from a mentor that you are seeing physical than learning online, learning from someone you are seeing face to face aide a quick understanding because when the learner is making a mistake, the teacher can easily make correction. There's no how you will learn from a mentor offline, that you can not be better than someone that just took some online course and watch video tutorials.

Not necessary but rather this one would really be optional on which we know that when it comes into this aspect then it would really be just that depending on how fast you do make yourself learn when it comes to this manner. We do know that there are people who are really just that self learn on which on the time or moment that they will really be that trying to learn something then they will really be that definitely be making up
their own searches on which they wont really be be trying out to rely with a mentor because they can do it with the help of those resources on which it could be found online. It will really be just that a matter of effort
and hard work on which you could really be able to achieve such state on having that kind of learning, and since we do know that other learning could really be gained through actual experience then this is where they would
be putting up their efforts on learning up everything on the moment that they would be doing trading.

If you do find yourself needing up some mentor then it would really be just that depending on you. Just make it sure that  you wont really be totally relying into them on which theres really indeed a time
that you should be testing out yourself and find out whether you have learnt or not because usually people who do have a mentor would really be that totally relying on the end and following
them instead on learning on whats been taught.

Having a cryptocurrency mentor is very necessary because cryptocurrency is a journey and the experience is not what one can gain so quick , so it will be of good advantage if their is someone who have already acquired this knowledge and experience to be a guardian to beginners who don't have knowledge and experience in cryptocurrency. Atleast having someone have already been into the system would help in avoiding some mistakes and to also reduce the risk of losing money.

Having a mentor makes the work very easy compare to when you are just trading on your own without any experience and enough knowledge. One of the things very difficult for beginners to implement in trading is patience, but when their is a mentor he encourages beginners who are not used to trading to learn and practice how to have patience in trading.

Selling courses on the internet it's a big business market in the world from the last couple of years, it's very much profitable, they never share or disclose their losses in the trading, they will share only success history, then audience are attracted to buy their courses, some traders even make sure about guaranteed profits before selling their courses but a newbie trader will realize their mistakes after buying such courses.

Yes a mentor is a must in trading. But you can have more than one consultant if you want. If you are a newbie to trading then you definitely need someone to guide you and point out your mistakes. But we have to remember that mentorship alone will not bring you success. This is why you need to know and gain knowledge about trading personally and clearly. By trading small funds you can increase your experience and gradually become a successful trader. You can also take advice from your advisor before investing. As a result, you will be less likely to make mistakes.

Believe me when I was new to trading I also sell for those scams. People saying that they are teaching you how to trade not because they need the money but because they care about your success and that is obviously not true. The only people that care about your success is perhaps your family and close friends not some stranger you meet on the internet.

Most of these trading courses and seminars are aimed at people who don't know any better. They see that there are many crypto millionaires out there driving Ferrari's and they think they can live the same life style. Hence they invest in a computer setup, fund their trading account and join some trading academy. Only later to find out that its not easy as it seams. And you rarely get a refund for these courses. They are typically final sale.

Trading is not as easy as people think. Influencers and traders on the internet selling their courses online have made trading look interesting and easy to their audiences. They tell you that you can learn how to trade and be profitable in 6 months which is not true for most newbies. A mentor can help you learn faster because you are learning under his guidance. You won’t make mistakes that others without mentorship will make. You grow faster when you have someone who holds you accountable for everything you do. Having a mentor is not a guarantee that you will be a successful trader, but it reduces your chances of blowing your trading account.

Of course it is true, or what I mean is that mentors also have an influence on a student's success, but I think as we have discussed above that the role of a mentor is nothing more than helping and guiding a student to stay on the right path and avoiding any actions that should be avoided.
This means that mentors do help on the journey to success but do not guarantee that you will ultimately be successful.

Someone who is called a mentor must be experienced, but the most important thing is to go back to a student, it is not uncommon for us to see a student who is really enthusiastic at the beginning of the learning stage but when they have reached halfway they lose their enthusiasm and in the end everything falls apart, and usually they are people who are fomo and also those who are just curious about an activity but do not have a strong intention and determination to learn.

Your mentor can't force you to succeed, everything depends on how determine you're as an individual to become a profession trader that makes profits. Your mentor can only guide you and it's left for you to be determined. You can have everything that an individual needs to become successful and still fail as a trader due to some bad habits that you have personally and it has nothing to do with you not being taught well on how to succeed as a trader. As traders we have to learn somethings on our own as our personal experience are the things that we'll learn from faster than being taught. We can also learn fast on our own too as not everyone needs to be mentored.

Yes, each person is really that different when it comes tot his manner on which there would really be those individuals who would really be that still needing up to have mentors and to those people who arent that wanting on which it would really be basing up into someones preference and also into their capabilities on which we know that when it comes to this aspect then it would really be that basing up on how well you do find yourself be that learning up things according into your own approach on which there would really be those individuals who wants to have mentors for them to have that much more faster when it comes to this kind of approach on things. It would really be that up to you on which as long you do find yourself be able to look up on how you would be able to learn neither on a fast pace or not, then it will really be that differ or depends
on a certain individual on how they would really be able to handle it out.

It might be that their might be a different way of were the effect is coming from because no matter how smart you are you need knowledge from books and other people and when you feel you know to much that ia when you will not learn their are smart people that even if they have extreme knowledge they will still humble their self just because they want to learn because overconfidence in trading might just humble you out of natural occrances. Even with mentors some decisions are personal and you having a mentor does not guarantee that you will be q successful trader you will make that decision your self, the essence of the mentorship is just to show you guidelines on steps to take then you improve your self on those part so I don't see the reason why the mentor will be the one to be blamed for failing. When learning it is always good to pay attention and set your mind right so that you don't panic and then keep making mistakes because mentors will not tech everything that is just the truth.

If you look deeper, mentors also affect a person's success, maybe you have heard a little that a smart student in the hands of a stupid teacher will not find the success of his student, while a smart teacher in providing education according to the character of his student will find his success, this also applies to trading, it's just a rare and closed fact because most people who have mentors also do not find their success.

Both roles are very important, first from our own personality, second from the mentor, the coherence may have been imagined for you.