• Posh English Trader

Top 5 Reasons You Need a Forex Mentor

Updated: Apr 18, 2019



If I have seen further than others, it is by standing on the shoulders of giants


- Isaac Newton


Isaac Newton was absolutely correct when he made this statement - there is no better way to progress, or become successful, in any discipline, than to seek the help of those that are already successful in that field!


When you first start out in Fx Trading there are thousands of websites, platforms, and software products, all claiming to be able to turn you into the proverbial Forex golden goose! It is very easy to get lost in this barrage of information and sales techniques and quickly wind up with software, systems, subscriptions and information that is costing a fortune and is completely unnecessary!


This is where a Forex Mentor can be the difference between, fantastic success in Fx Trading, and walking away, having seen all your hard earnt money disappear into the markets, swearing blind that Foreign Exchange Trading is a scam!


A Forex Mentor should be someone who has experience trading in the markets successfully, for a relatively substantial period of time, in the style of trading that you would like to emulate. Finding this person, or even people, will be the difference between success and failure in the markets!


However, finding a Forex Mentor can be a challenge. There are plenty of free forums out there where beginner traders can ask questions and get feedback on trades, but you never really know who is giving the advice and what their intentions are!


Books offer a source of mentor-ship, and whilst some authors also offer excellent Trading Rooms, in which they trade live and you can ask them questions there and then, a lot of authors will not respond to questions and emails - undoubtedly, because at any one moment the world and his wife are trying to contact them!


The final method is to join a Forex Mentor Club or Forex Mentor Programme. Although, there is a feeling surrounding these products that they are expensive, the two that we recommend are often less per month than buying a single book!


They both provide real time live trading webinars, where members can watch professional traders trade and ask questions in real time as well as a multitude of other benefits.


Before we get into the 5 main reasons to get a Forex Mentor, If you are ready to learn more about these fantastic platforms then click the links below:


Forex Mentor Pro - provides 3 proven successful trading systems, daily video analysis, step-by-step guidance, trading software and indicators, a private traders community and excellent 24 hour help and support!




Get access now! http://piptracker.lmtmentor.hop.clickbank.net




Read our review first! http://tinyurl.com/yxgrtfec







Traders Academy Club - One of the most highly recommended Forex Mentor Programmes, with a 4.7 star rating from 92 reviews. Members get access to daily live training webinars, a library of educational tools, as well as, daily market analytics and a comprehensive media zone!






Get access now! http://tinyurl.com/y5xfhhha






Read our review first! http://tinyurl.com/y275bb76





Ok, let's get started with the 5 reasons you should get a Forex Mentor...


1. Advice

A mentor will provide you with objective advice and can be a great "soundboard" for any issues you might have.


Whether you are struggling with successfully implementing a strategy, keep being overcome by emotion or want to know how to take your Fx Trading to the next level, your mentor will be able to provide unbiased and straightforward advice, most often based on their own experience!


They may also be able to stop you from placing a trade that could have lost you money because they have experienced being in a similar situation or can see something that you can't!


2. Constructive Criticism


mentors have a way of seeing more of our faults than we would like, it's the only way we grow


- George Lucas


It is very easy when Fx Trading to get too close to the markets and, either get lost in the one trade you are making, or become emotionally involved. A Forex Mentor can provide constructive feedback on the situation and also on how you are approaching the markets. It may well be hard to hear, but having your Forex Ego bruised instead of suffering losses is infinitely preferable!


3. Connect


As a Forex Trader, you can benefit hugely from your Forex Mentor's connections and willingness to introduce you to the right people at the right time in your Fx Trading journey! From their experience in the industry, they will have built up a library of contacts across different organisations and levels, and may be able to point you in just the right direction for the problem you are experiencing, or the right person to advance you to the next level!


It is not only people, but maybe the best platform, software or product for you to use that your Forex Mentor can connect you with. From their experience, they will understand good from bad and be able to advise you on the most appropriate product to use for your situation!


4. Coach

A fundamental reason why a lot of the best athletes in the world are where they are is because they had brilliant coaches behind them!


Coaching is all about support but, more than this, it is about pushing whoever you are coaching to come up with the answers themselves, with a little nudging! Only then can the person truly learn!


Coaches also act as a support person when you fall down, which, invariably you will when learning to Trade Forex. It can be particularly hard to stomach financial loss when starting out Fx Trading and is even easier to want to commit what we call "revenge trading" - often leading to further losses. Your Mentor can lend you the hand to pick you back up and keep you on the straight and narrow moving forward!


5. Cost Effective!

Finally, although you should never abuse your mentor, they are the likely the best free or cost effective advice you will ever get! Normally, a mentor relationship will grow organically, even if there is a charge in the beginning.


However, that initial charge will pay dividends in the long run as you get access to the huge database of your mentors knowledge, tools and contacts.

The benefits that are available normally far outweigh the cost and, in our experience, a charge for something is normally an indication of quality!


Of course, there are exceptions, and that is why we always recommend that you do your own research before purchasing anything!



So, now that you are ready to invest in a mentor let us remind you of the 2 programmes we recommend!


Forex Mentor Pro - provides 3 proven successful trading systems, daily video analysis, step-by-step guidance, trading software and indicators, a private traders community and excellent 24 hour help and support!




Get access now! http://piptracker.lmtmentor.hop.clickbank.net




Read our review first! http://tinyurl.com/yxgrtfe








Traders Academy Club - One of the most highly recommended Forex Mentor Programmes, with a 4.7 star rating from 92 reviews. Members get access to daily live training webinars, a library of educational tools, as well as, daily market analytics and a comprehensive media zone!






Get access now! http://tinyurl.com/y5xfhhha






Read our review first! http://tinyurl.com/y275bb76






That, we're afraid, is all we have time for in this post. Please leave us a comment to let us know what you think of our posts or to ask any questions you might have.


Also, like our posts to let us know you want us to keep posting content!


Until next time...

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