What do you do and what is your success recorded, do you follow your mentor's guidelines and advice?
Do you follow your instincts and if yes what are the results you got in terms of the profits ratio against the loss ratio?
One thing is learning and another is following guidelines, just as when you get a product you read through the guidelines on how to make use of that product, but so many investors always neglect that and go straight to taking every decisions that comes to their mind. Most times i follow guidelines but in rare cases I follow my instincts looking at how the markets goes and it sure turn out well but it's best to stick to mentorship and advice.
In practice, we often differ from what we learn, it is normal as long as it does not deviate far from what we learn. Moreover, we also need adjustments to follow certain situations and there we are actually required to be able to learn more deeply. Because what we learn from guidebooks, social media or other media can be different from what happens. I mean while learning we may not need emotions or mentality, but when we enter the market, our mentality is really tested there and that can also destroy all our knowledge.
We should really be that making up that adjustments on which its a normal reaction to have because whenever we do make out those kind of involvement into something then its just that fine that we do need up to alter out something if we do able to see something which you dont seem to be that good. We do know that mentors arent perfect and not all things on which they taught will really be that effective on you. This is why its really that important that you do really know on what you are dealing with. You can always make out some adjustments at the time that you've seen that there's something that you can add and something that you can be able to changed up but it will really be that still depending on you because not all will really be thinking up the same at the time that they are following something. So it will be that on your personal choice on how you would be handling it out.