Any suggestions will be welcomed
Everyone here is helping one another. Just ask any questions u want to ask. I ask alot of question too
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Please do not pay money for a âmentorâ on line. There is a 90% probability you will get ripped off. Itâs just not worth the risk. For the same money, you can read hundreds of books on trading.
Best of luck on the charts
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Thatâs a bold assumption.
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Babypips web school is the best place to start learning. Be your own mentor and learn with your mind. No one is going to teach you Forex.
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Well, you can get here instant solution by asking any question! No need any personal relationship! Besides, the senior members of this forum are too much cooperative! So, donât hesitate to ask any question here!
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Absolutely; it is! Personally, I know many successful traders, who also learned Forex manually by using Forex forums and blog sites! Really, BabyPips School is the best medicine for the new traders!
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Why you need a mentor? Learn Forex with details and be your own mentor!
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I wouldnât entirely dismiss the idea of paying for a mentor, should you find one who is trusted (which can be a challenge in its self). At the end of the day some people learn more effectively by being guided and told what to learn and in what particular order. How many times have we tried to learn at some point in our lives and had questions that lay outside of the scope of what we are currently trying to self-teach.
Not everyone has the ability to self learn from day one - if you get the foundations wrong then youâre immediately starting off on the wrong foot.
A good example of this is distant learning, such as paying online for a degree. You can either go to university and have several mentors guiding you and sharing personal experience, or you can pay online to be sent the material which is all you get (costing a fraction of the total cost needed for attending University) - itâs up to you to learn and research questions that you canât answer.
It is true that most (if not all) the material is available for free online when it comes to learning the basics of FX speculating. However, how many times have you also seen here in this forum members demonstrating a misunderstanding; a misunderstanding that could be avoided if you had a mentor who clarified exactly what you needed to know and why it is relevant.
The bottom line is that not everyone can self-teach, that doesnât put them at a disadvantage concerning future success in this career, but it can make getting out of the starting blocks a little more tedious and dangerous. Perhaps a cost that is worth weighing up in a little more detail rather than following the crowed and assuming all mentors are scams [in my opinion and from what I have seen, mentors get called scams because they repeat information that is free and charge for this - naturally this is an understandable judgement to make. However, how often does this happen in life in other areas of expertise? It seems as though itâs frowned upon in the FX world exceptionally quickly]
I know of a few successful retail traders who had a professional mentor - they are now full time traders and all admit that they were fortunate enough to find such a high level of guidance during the learning process. I highly doubt they would have turned professional as soon as they did should they have gone down the approach of 100% self-teaching - a factor which they themselves also admit.
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Haha, helping one another
Your wrong buddy⌠Starting off wrong means u know where the mistakes. U learn from it. U change it. But if u follow the wrong mentor u wrong all the way. It take longer time to discover it n change it. N what the so call mentol⌠B Frank, he wonât teach u everythingâŚ
If you self-learn the wrong material in the wrong context then itâs not going to help you long term, is it?
This happens all the time, itâs evident here - and itâs evident by the fact that many people canât make it long term in this game, right?
A proven to be profitable, proven to be successful and a proven to be fair mentor will remove this drawback.
Not all people can self-learn in an efficient, correct and logical manner.
If you value your time, and value starting off correctly without the need to make mistake after mistake just so you learn the long way around then youâd do your due diligence and find a mentor.
Mmmmm⌠I agreed some part of it. Iâm sorry for my bad use of English, maybe there is really a mentor will teach u the right path to success, but how many r there? In Babypips it totally dif, everyone here is help one another. Everyone hv a dif strong point of the knowledge in forex, slowly add up n train yourself. But⌠Donât rush⌠U burn yourself off if too rush⌠U yourself is a strategy, indicator is your armor, money is your bullets, train yourself b a gd forex sniper⌠For me n everyone sure value time. It took me 3 yrs on demo⌠Read up what is call indicator n price action⌠Ok this is just a boring story a little about myself, as for me Iâm totally not high educated. I donât even complete my secondary school. My pronunciation really sucks⌠Always key wrong words whenever I ask qns in Babypips. Alot of those member in here know about it. Iâm v lucky they still understand what Iâm trying to ask or say even I key wrong words⌠Hahaha, and when I started in forex, There alot of term in forex I donât understand what it means at all, Idk what is bullish what is bearish what is indicator. All I do is read up from the nets, donât understand I ask. Try n errors⌠Learn from mistakes⌠I did bust my account before. Iâm lucky it not much money⌠Than learn again, I once get ask by one of the long term member here, sayingâŚY thing u donât know donât askâŚ??? My reply was cos Iâm not good in English, he say just ask. I was lucky I always key wrong words n asking wrong thing. But they able to understand n help mi. Forex is something v amazing, the faster u want it, it wonât gv uâŚit just that funny⌠it not a easy road. It takes time buddy. If want fast. Hope u donât mind I say this, casino is much faster n free meal plus drink.
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I hope we can put it down to being lost in translation, I assume English is not your first language.
In sg, our real first language is Malay. Cos sg used to with Malaysia. But all study English, so English b become first language. But during my time I was in Chinese school. So my English was bad⌠Lol no matter how I still trying my best for my English. Hope u guys pardon my if sometimes I say or ask some stupid thing or thing that donât make sense. And also please correct mi if Iâm wrong. So I can learn more, Lol.
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Interesting reply. I think that you are absolutely correct, who among us would NOT benefit from guidance from an experienced professional when learning something new? As you say, if a learner has a misunderstanding of one of the cornerstones, this can make the path to âenlightenmentâ waaaay longer. I taught myself to program many years ago, and to this day I still come across errors based on assumptions that I have been making for years. These are real eureka moments sometimes, and makes me wonder if I had had a tutor to clarify an important point early on, i would be streets ahead now. Same in this game. However with all the scams and crap posted on the Internet, which is the primary source of learning FX for many people, the negative sentiment towards mentoring is understandable.
I would pay handsomely for a mentor right now if I knew he / she were an accomplished trader AND teacher.
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simply give it some time and simply look into some active threads, give your self many many materials to read there are tons here, and yes no need to pay just to learn, be smart about it and best of luck
yes i agree, i found many experienced traders in here who gave me good advice
Keep digging. Dont be too proud to ask people for help in a private message