A mentor can accelerate its commercial success, but only if you choose the right and at the right time. Most retail merchants lose money, up to 90% in the first 90 days, because they copy others blind or learn isolated. The tutoring can reduce noise and avoid expensive errors. But it also costs time, money and trust.
What you want from a good mentor
A quality mentor For beginners Offered by WR Trading, which is just one click from you, gives you more than just commercial configurations. They shape how you think.
They help you build the structure. You stop jumping from one strategy to another. They guide you to master a system that fits your personality.
They reduce their learning curve. Instead of losing a year learning something that does not work, a mentor can help him avoid those traps. This means less losses and faster growth.
They make you responsible. On your own, it is easy to break the rules. With a mentor, his mistakes are called. It is less likely to repeat them.
They give comments based on experience. Mentors have lived through trades such as yours. His comments are tested in the real world. It is not a textbook or a YouTube video.
Example: Forex Trader “Luis”
Luis, a part -time currency merchant in São Paulo, spent 14 months trying to go full time. After burning three accounts, he finally paid for a tutoring with a Swing merchant based in London. In six months, he obtained consistent profits. What changed? He stopped pursuing high -risk scalp and stayed with a structured daily routine that his mentor used. The victory rate improved, but the greatest change was the mentality.
The disadvantages of tutoring
Not all mentors are the same. And not all merchants need one.
Many mentors are sellers, not merchants. If someone promises gain rates of 80% or “no loss” strategies, that is a red flag. Real trade, regardless of whether it is cryptography trade, Currency tradeBasic products trade, etc., includes reduction and losses. If your mentor avoids talking about them, runs.
The tutorials can be expensive. Some charge $ 1,000 to $ 10,000+. And that does not include bad advice losses if the mentor is not legitimate. If it is new and low in capital, spending that type of early money could hurt more than helps.
There is a risk of dependence. Some merchants depend on their mentor’s analysis. They stop thinking independently. This kills long -term growth. You must learn to make decisions, not just follow signs.
Some tutorials are too rigid. A mentor’s strategy may not work for his lifestyle. A day merchant mentor will not help if it can only trade after work. Choosing a mentor with a commercial style that fits your time and personality is key.
When you should get a mentor
You have been negotiating for at least 6-12 months and has some results to show, even if they are bad. At this stage, you understand the graphics, Dimensioning of the position and basic strategies. A mentor can now help correct its defects.
You keep losing in the same way. For example, always leaving early, chasing losses or leverage. These are mentality problems rather than strategy problems. A mentor can point them quickly.
You are overwhelmed by the information. If you have seen hours of content and still does not know what to concentrate, a mentor can help simplify your process.
You are ready to engage seriously. The tutoring only works if it appears, do the homework, track your trades and reflect. If you are halfway, the tutoring will not help.
Example: Merchant of shares “Emma”
Emma worked full time and negotiated US actions at night. She tried to lie twice. The first was a climber: total mismatch. She could not keep up. The second was a Swing merchant focused on longer withholding. It conforms to your schedule. He paid $ 2,500 and in three months he stopped overvaluing and built an adequate plan. Their monthly yields improved from -5% to +3% on average.
When you should not get a mentor
You are new to trade. He does not know how to place operations or use a negotiation platform. The tutoring at this time is a waste. Use free resources to learn the basics.
You are not tracking your trades. If you do not know your own weaknesses, you will not get much from a mentor. It is like seeing a fitness coach without knowing your diet or training history.
You are looking for shortcuts. If your goal is “just tell me when to buy/sell”, the tutoring will not help. You will end up blindly and flying again later.
You can’t pay it. Do not straighten up for tutoring. If you only have $ 500 in your name, you are best spent on books, trading with magazines and building a demonstration history.
How to choose the right mentor
Look for verified results. They do not have to show a one million dollars, but they should show consistency. Myfxbook or broker statements help.
Check if they are still operating now. Many “mentors” have not negotiated in years. If they are not on the market, their advice may be outdated.
Check your teaching style. Do you explain why exchanges are made or are you simply sent input/output points? You want to learn why, not just what.
Join your free content or test groups first. See if your personality and strategy match you. If you feel early, you will not improve.
Ask your previous students. Royal mentors can point to merchants who have succeeded. If you can’t name a success story, think twice.
