Quote from: laubeaud on September 05, 2024, 10:02:05 AM

If you are new to trading, especially crypto trading, don’t go it alone. I learned this very late.

Having a mentor in trading is crucial because they provide guidance, share valuable experience, and help you avoid common mistakes. A mentor can accelerate your learning process, offer objective feedback, and help you navigate the emotional aspects of trading, ultimately increasing your chances of success.

A lot of newbie traders are only seeking for mentorship because they are scared of losing money and not because they really want to learn and develop new strategies on their own. A trader that is always too conscious of losing money will always be scared to take risks and try something new. To all new traders, it doesn't matter if you are learning under a mentor or learning on your own through different sources, just be prepared to lose money anytime because that is the sacrifice a trader has to pay to get that perfect strategy. The money lost doesn't need to be huge, start small and grow gradually. Do not let the fear of losing money limit what you can actually learn and achieve as a trader. One can actually have a good mentor and still be stucked at a spot without any form of improvement and growth. Be prepared to take risks.