Post
Topic
Board Trading Discussion
Re: The Importance of Having a Trading Mentor
by
tvplus006
on 10/09/2024, 09:34:12 UTC
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.

In this case, the beginner must decide on his own whether to spend money on training or lose it by doing self-study. And which of these methods will be more preferable is very difficult to say. But in any case, it will be associated with spending personal funds and will be the first step in getting acquainted with the cryptocurrency market.